Total System Services (TSS) 10-Q 31 Jul 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2019shares
Document And Entity Information
Entity Registrant Name	Total System Services, Inc.
Entity Central Index Key	0000721683
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	1-10254
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	58-1493818
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Entity Address, Address Line One	Georgia
Entity Address, Address Line Two	Post Office Box 1755
Entity Address, City or Town	Columbus
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	31902
City Area Code	706
Title of 12(b) Security	Common Stock
Security Exchange Name	NYSE
Local Phone Number	644-4388
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	176,977,106
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Trading Symbol	TSS
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents (Note 2)	$ 458,220	$ 471,156
Accounts receivable, net of allowances for doubtful accounts and billing adjustments of $6.1 million and $6.0 million as of 2019 and 2018, respectively	513,712	450,322
Contract assets (Note 3)	43,847	30,950
Prepaid expenses and other current assets (Note 2)	224,048	188,355
Total current assets	1,239,827	1,140,783
Contract assets (Note 3)	56,925	47,839
Goodwill	4,114,851	4,114,838
Other intangible assets, net of accumulated amortization of $891.1 million and $802.0 million as of 2019 and 2018, respectively	703,617	796,702
Intangible assets - computer software, net of accumulated amortization of $955.2 million and $893.4 million as of 2019 and 2018, respectively	520,494	534,536
Property and equipment, net of accumulated depreciation and amortization of $530.4 million and $522.7 million as of 2019 and 2018, respectively (Note 4)	373,868	383,074
Operating lease right-of-use assets, net (Note 4)	198,539
Contract cost assets, net of accumulated amortization	148,938	145,598
Equity investments, net	206,504	180,661
Deferred income tax assets	7,516	7,773
Other assets	135,727	116,905
Total assets	7,706,806	7,468,709
Current liabilities:
Accounts payable	57,911	97,956
Contract liabilities (Note 3)	51,553	47,227
Current portion of operating lease liabilities (Note 4)	43,346
Accrued salaries and employee benefits	34,922	73,143
Current portion of long-term borrowings (Note 5)	17,811	20,807
Current portion of obligations under finance leases and license agreements (Note 4)	17,712	8,318
Other current liabilities (Note 2)	278,072	268,150
Total current liabilities	501,327	515,601
Long-term borrowings, excluding current portion (Note 5)	4,003,248	3,843,394
Deferred income tax liabilities	401,486	380,278
Operating lease liabilities, excluding current portion (Note 4)	167,102
Obligations under finance leases and license agreements, excluding current portion (Note 4)	39,490	46,147
Contract liabilities (Note 3)	25,281	21,489
Finance Lease And License Agreement, Liability, Noncurrent	39,490	46,147
Other long-term liabilities	74,278	75,894
Total liabilities	5,212,212	4,882,803
Commitments and contingencies (Note 6)
Shareholders' Equity
Common stock- $0.10 par value. Authorized 600,000 shares; 202,765 issued as of 2019 and 2018; 00 and 180,586 outstanding as of 2019 and 2018, respectively	20,277	20,277
Additional paid-in capital	203,098	189,889
Accumulated other comprehensive loss, net (Notes 1 and 2)	(64,200)	(60,223)
Treasury stock, at cost (25,788 and 22,179 shares as of 2019 and 2018, respectively	(1,426,177)	(1,042,687)
Retained earnings	3,761,596	3,478,650
Total shareholders' equity	2,494,594	2,585,906
Total liabilities and shareholders' equity	$ 7,706,806	$ 7,468,709

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Consolidated Balance Sheets
Accounts receivable, allowances for doubtful accounts and billing adjustments	$ 6.1	$ 6
Other intangible assets, accumulated amortization	891.1	802
Intangible assets - computer software, accumulated amortization	955.2	893.4
Property and equipment, accumulated depreciation and amortization	$ 530.4	$ 522.7
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, authorized (in shares)	600,000	600,000
Common stock, issued (in shares)	202,765	202,765
Common stock, outstanding (in shares)	176,977	180,586
Treasury stock (in shares)	25,788	22,179

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Consolidated Statements of Income
Total revenues (Notes 3 and 11)	$ 1,035,485	$ 1,007,580	$ 2,070,016	$ 1,994,750
Cost of services	630,820	617,818	1,263,032	1,231,183
Selling, general and administrative expenses	185,578	181,064	364,627	366,598
Total operating expenses	816,398	798,882	1,627,659	1,597,781
Operating income	219,087	208,698	442,357	396,969
Nonoperating expenses, net	(37,416)	(41,170)	(80,407)	(78,812)
Income before income taxes and equity in income of equity investments	181,671	167,528	361,950	318,157
Income taxes (Note 8)	31,128	37,415	61,027	55,549
Income before equity in income of equity investments	150,543	130,113	300,923	262,608
Equity in income of equity investments, net of tax	12,217	12,322	23,444	22,929
Net income	162,760	142,435	324,367	285,537
Net income attributable to noncontrolling interests				(1,261)
Net income attributable to Total System Services, Inc. (TSYS) common shareholders	$ 162,760	$ 142,435	$ 324,367	$ 284,276
Basic earnings per share (EPS) attributable to TSYS common shareholders (Note 9) (in dollars per share)	$ 0.92	$ 0.78	$ 1.83	$ 1.56
Diluted EPS attributable to TSYS common shareholders (Note 9)	$ 0.91	$ 0.78	$ 1.81	$ 1.55

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Consolidated Statements of Comprehensive Income
Net income	$ 162,760	$ 142,435	$ 324,367	$ 285,537
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(10,009)	(21,752)	416	(9,257)
Postretirement healthcare plan adjustments	837	(211)	659	(358)
Unrealized (loss) gain on available-for-sale securities (Note 1)		(1,840)		741
Other comprehensive (loss) income	(9,172)	(23,803)	1,075	(8,874)
Comprehensive income	153,588	118,632	325,442	276,663
Comprehensive income attributable to noncontrolling interests				(1,261)
Comprehensive income attributable to TSYS common shareholders	$ 153,588	$ 118,632	$ 325,442	$ 275,402

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net income	$ 324,367	$ 285,537
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	208,483	208,679
Amortization of operating lease right of use assets	25,555
Provisions for cardholder losses	25,540	34,433
Share-based compensation	22,214	20,524
Provisions for bad debt expenses and billing adjustments	5,587	5,170
Charges for transaction processing provisions	1,319	3,177
Amortization of debt issuance costs	2,652	2,362
Dividends received from equity investments		892
Loss (gain) on foreign currency	287	(107)
Amortization of bond discount	557	482
(Gain) Loss on disposal of equipment, net	(801)	32
Deferred income tax expense	21,258	18,657
Change in value of equity investments	(5,196)
Equity in income of equity investments	(23,444)	(22,929)
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable	(69,011)	(17,489)
Contract assets and contract liabilities	(13,965)	(8,797)
Contract cost assets	(3,214)	2,989
Prepaid expenses, other current assets and other long-term assets	(52,859)	5,111
Accounts payable	(9,156)	(3,368)
Accrued salaries and employee benefits	(38,282)	(38,784)
Other current liabilities and other long-term liabilities	(26,461)	(25,978)
Net cash provided by operating activities	395,430	470,593
Cash flows from investing activities:
Additions to licensed computer software from vendors	(61,209)	(19,216)
Purchases of property and equipment	(30,844)	(48,608)
Additions to internally developed computer software	(24,817)	(19,934)
Cash used in acquisitions, net of cash acquired		(1,051,629)
Other investing activities	(2,700)	(4,119)
Net cash used in investing activities	(119,570)	(1,143,506)
Cash flows from financing activities:
Principal payments on long-term borrowings, finance lease obligations and license agreements	(299,499)	(2,626,534)
Purchase of noncontrolling interest		(126,000)
Dividends paid on common stock	(46,534)	(47,190)
Subsidiary dividends paid to noncontrolling shareholders		(3,778)
Repurchase of common stock under plans and tax withholding	(400,023)	(82)
Debt issuance costs		(15,979)
Proceeds from borrowings of long-term debt	450,000	3,477,000
Proceeds from exercise of stock options	6,911	29,289
Net cash provided by (used in) financing activities	(289,145)	686,726
Cash, cash equivalents and restricted cash:
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(332)	(4,143)
Net increase (decrease) in cash, cash equivalents and restricted cash	(13,617)	9,670
Cash, cash equivalents and restricted cash at beginning of period	474,279	451,370
Cash, cash equivalents and restricted cash at end of period	460,662	461,040
Supplemental cash flow information:
Interest paid	85,404	71,778
Income taxes paid, net	$ 59,411	$ 21,475

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Retained Earnings	Redeemable Noncontrolling Interest	Total
Balance at Dec. 31, 2017						$ 115,689
Changes in Redeemable Noncontrolling Interests
Net income						1,261
Adjustments to redemption value of redeemable noncontrolling interest						9,051
Subsidiary dividends paid to noncontrolling interests						(1)
Balance at Mar. 31, 2018						126,000
Balance at Dec. 31, 2017	$ 20,277	$ 162,806	$ (36,148)	$ (909,960)	$ 3,004,018		$ 2,240,993
Balance (in shares) at Dec. 31, 2017	202,765
Changes in Total Equity
Net income					141,841		141,841
Other comprehensive income (loss)			14,929				14,929
Common stock issued from treasury shares for exercise of stock options		5,199		21,258			26,457
Common stock unissued due to forfeiture of nonvested awards		551		(551)
Common stock issued from treasury shares for nonvested awards		(12,368)		12,368
Common stock issued from treasury for dividend equivalents		925		9			934
Share-based compensation (Note 7)		6,835					6,835
Cash dividends declared ($0.13 per share)					(23,895)		(23,895)
Purchase of treasury shares				(24)			(24)
Adjustments to redemption value of redeemable noncontrolling interest		(9,051)					(9,051)
Balance at Mar. 31, 2018	$ 20,277	154,897	(21,219)	(876,900)	3,117,519		2,394,574
Balance (in shares) at Mar. 31, 2018	202,765
Balance at Dec. 31, 2017						115,689
Balance at Dec. 31, 2017	$ 20,277	162,806	(36,148)	(909,960)	3,004,018		2,240,993
Balance (in shares) at Dec. 31, 2017	202,765
Changes in Total Equity
Other comprehensive income (loss)							(8,874)
Balance at Jun. 30, 2018	$ 20,277	165,137	(45,022)	(874,742)	3,236,046		2,501,696
Balance (in shares) at Jun. 30, 2018	202,765
Changes in Total Equity
Cumulative effect adjustment from adoption of ASU No. 2014-09 (Note 3) | ASU 2014-09					(4,445)		(4,445)
Balance at Mar. 31, 2018						126,000
Changes in Redeemable Noncontrolling Interests
Subsidiary repurchase of noncontrolling interests						(126,000)
Subsidiary dividends paid to noncontrolling interests						(3,777)
Balance at Mar. 31, 2018	$ 20,277	154,897	(21,219)	(876,900)	3,117,519		2,394,574
Balance (in shares) at Mar. 31, 2018	202,765
Changes in Total Equity
Net income					142,435		142,435
Other comprehensive income (loss)			(23,803)				(23,803)
Common stock issued from treasury shares for exercise of stock options		1,110		1,717			2,827
Common stock unissued due to forfeiture of nonvested awards		78		(78)
Common stock issued from treasury shares for nonvested awards		(577)		577
Share-based compensation (Note 7)		13,406					13,406
Cash dividends declared ($0.13 per share)					(23,908)		(23,908)
Purchase of treasury shares				(58)			(58)
Adjustments to redemption value of redeemable noncontrolling interest		(3,777)				$ 3,777	(3,777)
Balance at Jun. 30, 2018	$ 20,277	165,137	(45,022)	(874,742)	3,236,046		2,501,696
Balance (in shares) at Jun. 30, 2018	202,765
Balance at Dec. 31, 2018	$ 20,277	189,889	(60,223)	(1,042,687)	3,478,650		$ 2,585,906
Balance (in shares) at Dec. 31, 2018	202,765						202,765,000
Changes in Total Equity
Net income					161,607		$ 161,607
Other comprehensive income (loss)			10,247				10,247
Common stock issued from treasury shares for exercise of stock options		3,485		2,981			6,466
Common stock unissued due to forfeiture of nonvested awards		77		(77)
Common stock issued from treasury shares for nonvested awards		(12,812)		12,812
Share-based compensation (Note 7)		11,296					11,296
Cash dividends declared ($0.13 per share)					(22,546)		(22,546)
Purchase of treasury shares				(400,013)			(400,013)
Balance at Mar. 31, 2019	$ 20,277	191,935	(55,028)	(1,426,984)	3,622,560		2,352,760
Balance (in shares) at Mar. 31, 2019	202,765
Balance at Dec. 31, 2018	$ 20,277	189,889	(60,223)	(1,042,687)	3,478,650		$ 2,585,906
Balance (in shares) at Dec. 31, 2018	202,765						202,765,000
Changes in Total Equity
Other comprehensive income (loss)							$ 1,075
Balance at Jun. 30, 2019	$ 20,277	203,098	(64,200)	(1,426,177)	3,761,596		$ 2,494,594
Balance (in shares) at Jun. 30, 2019	202,765						202,765,000
Changes in Total Equity
Cumulative effect adjustment from adoption of ASU No. 2014-09 (Note 3) | Adjustments for New Accounting Pronouncement | ASU 2016-01			(5,052)		5,052
Cumulative effect adjustment from adoption of ASU No. 2014-09 (Note 3) | Adjustments for New Accounting Pronouncement | ASU 2016-02					(203)		$ (203)
Balance at Mar. 31, 2019	$ 20,277	191,935	(55,028)	(1,426,984)	3,622,560		2,352,760
Balance (in shares) at Mar. 31, 2019	202,765
Changes in Total Equity
Net income					162,760		162,760
Other comprehensive income (loss)			(9,172)				(9,172)
Common stock issued from treasury shares for exercise of stock options		30		416			446
Common stock issued from treasury shares for nonvested awards		(401)		401
Common stock issued from treasury for dividend equivalents		602					602
Share-based compensation (Note 7)		10,932					10,932
Cash dividends declared ($0.13 per share)					(23,724)		(23,724)
Purchase of treasury shares				(10)			(10)
Balance at Jun. 30, 2019	$ 20,277	$ 203,098	$ (64,200)	$ (1,426,177)	$ 3,761,596		$ 2,494,594
Balance (in shares) at Jun. 30, 2019	202,765						202,765,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	TOTAL SYSTEM SERVICES, INC. Notes to Unaudited Consolidate d Financial Statements ​ Note 1 —Summary of Significant Accounting Policies ​ Business ​ Total System Services, Inc.’s (“TSYS’” or the “Company’s”) revenues are derived from providing payment processing, merchant services and related payment services to financial and nonfinancial institutions, generally under long-term processing contracts. The Company also derives revenues by providing general-purpose reloadable (“GPR”) prepaid debit and payroll cards, demand deposit accounts and other financial service solutions to the underbanked and other consumers and businesses. The Company’s services are provided through three operating segments: Issuer Solutions, Merchant Solutions and Consumer Solutions. ​ Through the Company's Issuer Solutions segment, TSYS processes information through its cardholder systems for financial and nonfinancial institutions throughout the United States and internationally. The Company's Merchant Solutions segment provides merchant services to merchant acquirers and merchants mainly in the United States. The Company’s Consumer Solutions segment provides financial service solutions to consumers and businesses in the United States. ​ Pending Merger with Global Payments Inc. ​ On May 27, 2019, TSYS entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Global Payments Inc., a Georgia corporation (“Global Payments”). The Merger Agreement provides that, upon the terms and subject to the conditions set forth therein, TSYS will merge with and into Global Payments (the “Merger”), with Global Payments as the surviving entity in the Merger. ​ Upon the terms and subject to the conditions set forth in the Merger Agreement, at the effective time of the Merger, each share of TSYS common stock outstanding immediately prior to the effective time of the Merger, other than certain shares held by TSYS or Global Payments, will be converted into the right to receive 0.8101 shares of common stock of Global Payments. Holders of common stock of TSYS will receive cash in lieu of fractional shares. Following the completion of the Merger, former holders of TSYS common stock will own approximately forty-eight percent (48%) and former holders of Global Payments common stock will own approximately fifty-two percent (52%) of the fully diluted shares of the combined company. ​ The transaction, which is expected to close in the fourth quarter of 2019, is subject to the satisfaction or waiver of customary closing conditions for both parties, including receipt of required regulatory approvals, the approval of shareholders of both companies and other customary closing conditions. ​ Refer to the definitive joint proxy statement/prospectus of TSYS and Global Payments dated July 23, 2019, as filed by TSYS with the U.S. Securities and Exchange Commission (the “SEC”) on July 25, 2019 for additional information on the Merger. ​ Basis of Presentation ​ The accompanying unaudited consolidated financial statements of TSYS include the accounts of TSYS and its wholly- and majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. ​ These financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X and, therefore, do not include all information and footnotes required by U.S. GAAP for complete financial statements. The preparation of the consolidated financial statements requires management of the Company to make estimates and assumptions relating to the reported amounts of assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. These estimates and assumptions are developed based upon all information available. Actual results could differ from estimated amounts. All adjustments, consisting of normal recurring accruals, which, in the opinion of management, are necessary for a fair presentation of financial position and results of operations for the periods covered by this report, have been included. ​ The accompanying unaudited consolidated financial statements should be read in conjunction with the Company’s summary of significant accounting policies, consolidated financial statements and related notes appearing in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC. Results of interim periods are not necessarily indicative of results to be expected for the year. ​ Out-of-period adjustment ​ As of January 1, 2019, the Company recorded an adjustment to reclassify the cumulative unrealized gain of $5.1 million related to an investment in common stock with a readily determinable fair value from other comprehensive income to opening retained earnings. This adjustment was recorded to comply with the guidance in Accounting Standards Update (“ASU”) No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities ​ Fair Value Measurement ​ Refer to Note 3 of the Company’s audited financial statements for the year ended December 31, 2018, which is included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC, for a discussion regarding fair value measurement. ​ The Company had no transfers between Level 1, Level 2 or Level 3 assets during the six months ended June 30, 2019 and 2018. ​ As of June 30, 2019, the Company had recorded goodwill in the amount of $4.1 billion. The Company performs its annual impairment testing of its goodwill balance as of May 31 st ​ Recently Adopted Accounting Pronouncements ​ The Company adopted the following ASUs on January 1, 2019: ​ In September 2017, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2017-13, Revenue Recognition (Topic 605), Revenues from Customers (Topic 606), Leases (Topic 840) and Leases (Topic 842), ​ In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Note 4 ​ New Accounting Pronouncements ​ In June 2016, the FASB issued ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The amendments in this update change how companies measure and recognize credit impairment for many financial assets. The new expected credit loss model will require companies to immediately recognize an estimate of credit losses expected to occur over the remaining life of the financial assets (including trade receivables) that are in the scope of the update. The update also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees. The ASU is effective for the Company on January 1, 2020. Early adoption is permitted for periods beginning on or after January 1, 2019. ​ The FASB has issued additional ASUs that provide clarification to certain issues identified after ASU 2016-13 was released. In May 2019, the FASB issued ASU 2019-05 Financial Instruments – Credit Losses (Topic 326): Targeted Transition Relief. ASU 2019-05 was issued to provide entities with more flexibility in applying the fair value option upon the adoption of the new standard. On adoption, an entity is allowed to irrevocably elect the fair value option on an instrument-by-instrument basis. This alternative is available for all instruments in the scope of Subtopic 326-20 except for existing held-to-maturity debt securities. If an entity elects the fair value option, the difference between the instrument’s fair value and carrying amount is recognized as a cumulative-effect adjustment. In April 2019, the FASB issued ASU 2019-04 Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. ASU 2019-04 makes several changes to how entities will estimate expected credit losses, including two changes that will likely have the most significant effect. The ASU clarifies that the estimate of expected credit losses should include expected recoveries of financial assets, including recoveries of amounts expected to be written off and those previously written off. The ASU also clarifies that contractual extension or renewal options that are not unconditionally cancellable by the lender are considered when determining the contractual term over which expected credit losses are measured. The effective date and transition requirements for the amendments in ASU 2019-05 and ASU 2019-04 are the same as the effective date and transition requirements in ASU 2016-13. ​ The Company is continuing to evaluate the potential effects of ASU 2016-13 on its consolidated financial statements. Based upon the Company’s evaluation to date, the new guidance will apply to the Company’s accounts receivable and contract assets. The Company does not have any available-for-sale debt securities. The adoption of this guidance will require the implementation of new or updated accounting processes, procedures and internal controls over financial reporting. The new standard will also require expanded qualitative and quantitative disclosures about the Company’s financial assets and allowance for credit losses. ​ Refer to Note 1 of the Company’s audited financial statements for the year ended December 31, 2018, which is included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC, for a discussion regarding other new accounting pronouncements. ​

Supplementary Balance Sheet Inf

Supplementary Balance Sheet Information	6 Months Ended
	Jun. 30, 2019
Supplementary Balance Sheet Information
Supplementary Balance Sheet Information	Note 2 — Supplementary Balance Sheet Information ​ Cash, Cash Equivalents and Restricted Cash ​ The Company maintains accounts outside the United States denominated in currencies other than the U.S. dollar. All amounts in domestic accounts are denominated in U.S. dollars. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statements of Cash Flows. ​ Cash, cash equivalents and restricted cash balances are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ June 30, 2019 ​ December 31, 2018 Cash and cash equivalents in domestic accounts ​ $ 405,000 ​ 405,535 Cash and cash equivalents in foreign accounts ​ ​ 53,220 ​ 65,621 Total cash and cash equivalents ​ ​ 458,220 ​ 471,156 Restricted cash included in other long-term assets ​ ​ 2,442 ​ 3,123 Total cash, cash equivalents and restricted cash shown in the statements of cash flows ​ $ 460,662 ​ 474,279 ​ ​ ​ ​ ​ ​ ​ Restricted cash included in other assets in the Consolidated Balance Sheets represents immaterial amounts required across the Company’s segments for operational purposes. ​ Prepaid Expenses and Other Current Assets ​ Significant components of prepaid expenses and other current assets are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ June 30, 2019 ​ December 31, 2018 Prepaid expenses ​ $ 60,647 ​ 48,058 Income taxes receivable ​ ​ 48,509 ​ 19,362 R&D state tax credit ​ ​ 21,657 ​ 26,541 Supplies inventory ​ ​ 19,710 ​ 18,089 Other ​ ​ 73,525 ​ 76,305 Total ​ $ 224,048 ​ 188,355 ​ ​ ​ ​ ​ ​ ​ Other Current Liabilities ​ Significant components of other current liabilities are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ June 30, 2019 ​ December 31, 2018 Accrued card brand fees ​ $ 63,887 ​ 55,991 Accrued third-party commissions ​ ​ 53,705 ​ 46,977 Accrued expenses ​ ​ 28,431 ​ 25,178 Dividends payable ​ ​ 23,780 ​ 24,645 Accrued interest ​ ​ 21,818 ​ 22,191 Other ​ ​ 86,451 ​ 93,168 Total ​ $ 278,072 ​ 268,150 ​ ​ ​ ​ ​ ​ ​ Accumulated Other Comprehensive Loss ​ The income tax effects allocated to and the cumulative balance of accumulated other comprehensive income (loss) are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Foreign Currency Translation Adjustments ​ Gain on Available-For-Sale Securities Change in Postretirement Healthcare Plans ​ Total Accumulated Other Comprehensive Loss, Net of Tax Balance as of December 31, 2018 ​ $ (63,186) ​ ​ 5,052 ​ ​ (2,089) ​ $ (60,223) Reclassification from adoption of ASU No. 2016-01 (Note 1) ​ ​ - ​ ​ (5,052) ​ ​ - ​ ​ (5,052) Balance after reclassification (a) ​ ​ (63,186) ​ ​ - ​ ​ (2,089) ​ ​ (65,275) Pretax amount ​ ​ 420 ​ ​ - ​ ​ 966 ​ ​ 1,386 Tax effect ​ ​ 4 ​ ​ - ​ ​ 307 ​ ​ 311 Net-of-tax amount (b) ​ ​ 416 ​ ​ - ​ ​ 659 ​ ​ 1,075 Balance as of June 30, 2019 (a)+(b) ​ $ (62,770) ​ ​ - ​ ​ (1,430) ​ $ (64,200) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Revenues

Revenues	6 Months Ended
	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Note 3 — Revenue from Contracts with Customers ​ Description of service offerings ​ Issuer Solutions ​ The Company's Issuer Solutions revenues are derived from long-term processing contracts with financial and nonfinancial institutions. Payment processing services revenues are generated primarily from charges based on: ● The number of accounts on file; ● Transactions and authorizations processed; ● Statements generated and/or mailed; ● Managed services; and ● Cards embossed and mailed and other processing services for cardholder accounts on file. ​ Most of these contracts have prescribed annual revenue minimums, penalties for early termination, and service level agreements which may impact contractual fees if certain service levels are not achieved. ​ Issuer Solutions revenues also include loyalty redemption services and professional services. ​ Merchant Solutions ​ The Company’s Merchant Solutions revenues are partially derived from relationships with thousands of individual merchants whose contracts range from thirty days to five years. Additionally, part of the revenues are derived from long-term processing contracts with large financial institutions, other merchant acquirers and merchant organizations which generally range from three to eight years. Merchant services revenue is generated primarily from processing all payment forms including credit, debit and electronic benefits transfer for merchants of all sizes across a wide array of retail market segments. ​ The products and services offered include: ● Authorizations and capture of electronic transactions; ● Clearing and settlement of electronic transactions; ● Information reporting services related to electronic transactions; ● Merchant billing services; and ● Point-of-sale equipment and services. ​ Most of these contracts have prescribed revenue minimums, penalties for early termination, and service level agreements which may impact contractual fees if certain service levels are not achieved. ​ Consumer Solutions ​ The Company’s Consumer Solutions revenues principally consist of a portion of the service fees collected from cardholders ​ Customers are charged fees in connection with the Consumer Solutions segment’s products and services as follows: ● Transactions - Customers are typically charged a fee for each Personal Identification Number (“PIN”) and signature-based purchase transaction made using their cards, unless the customer is on a monthly or annual service plan, in which case the customer is instead charged a monthly or annual subscription fee, as applicable. Customers are also charged fees for Automated Teller Machine (“ATM”) withdrawals and other transactions conducted at ATMs. ● Customer Service and Maintenance - Customers are typically charged fees for balance inquiries made through call centers. Customers are also charged a monthly maintenance fee after a specified period of inactivity. ● Additional Products and Services - Customers are charged fees associated with additional products and services offered in connection with certain cards, including the use of overdraft features, a variety of bill payment options, card replacement, foreign exchange and card-to-card transfers of funds initiated through the call centers. ● Other - Customers are charged fees in connection with the acquisition and reloading of the cards at retailers and the Company receives a portion of these amounts in some cases. ​ Disaggregation of revenue ​ The following table summarizes volume-based and non-volume related revenue from contracts with external customers for the three and six months ended June 30, 2019 and 2018: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2019 (in thousands) Issuer Solutions ​ Merchant Solutions Consumer Solutions ​ Total Volume-based revenues ​ $ 231,265 ​ ​ 342,651 ​ ​ 195,659 ​ $ 769,575 Non-volume related revenues ​ ​ 241,441 ​ ​ 23,985 ​ ​ 484 ​ ​ 265,910 Total revenues ​ $ 472,706 ​ ​ 366,636 ​ ​ 196,143 ​ $ 1,035,485 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2019 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total Volume-based revenues ​ $ 461,476 ​ ​ 665,464 ​ ​ 414,354 ​ $ 1,541,294 Non-volume related revenues ​ ​ 481,389 ​ ​ 46,353 ​ ​ 980 ​ ​ 528,722 Total revenues ​ $ 942,865 ​ ​ 711,817 ​ ​ 415,334 ​ $ 2,070,016 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2018 (in thousands) Issuer Solutions ​ Merchant Solutions Consumer Solutions ​ Total Volume-based revenues ​ $ 223,677 ​ ​ 329,295 ​ ​ 199,490 ​ $ 752,462 Non-volume related revenues ​ ​ 234,924 ​ ​ 19,419 ​ ​ 775 ​ ​ 255,118 Total revenues ​ $ 458,601 ​ ​ 348,714 ​ ​ 200,265 ​ $ 1,007,580 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2018 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total Volume-based revenues ​ $ 442,949 ​ ​ 628,242 ​ ​ 409,211 ​ $ 1,480,402 Non-volume related revenues ​ ​ 473,011 ​ ​ 39,895 ​ ​ 1,442 ​ ​ 514,348 Total revenues ​ $ 915,960 ​ ​ 668,137 ​ ​ 410,653 ​ $ 1,994,750 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Solutions ​ Volume-based revenues are generated from charges based on the number of Accounts on File (“AOF”), transactions and authorizations processed, statements generated, and other processing services for cardholder AOF. Cardholder AOF includes active and inactive consumer credit, retail, prepaid, stored value and commercial card accounts. TSYS’ clients also have the option to use fraud and portfolio management services which are based on authorizations processed and AOF, respectively. Collectively, these services are considered volume-based revenues. Non-volume related revenues include processing fees which are not directly associated with AOF and transactional activity, such as value-added products and services, custom programming and certain other services, which are only offered to TSYS’ processing clients. Additionally, non-volume based revenues include licensing, managed services and output services such as card and document production. ​ Merchant Solutions ​ The Merchant Solutions segment’s revenues primarily consist of volume-based revenues generated from charges based on sales volume processed, and authorized transactions and settled transactions processed. Non-volume related revenues include chargeback and retrieval services, data transmissions, value added products and managed services which are not directly associated with transactional activity. ​ Consumer Solutions ​ The Consumer Solutions segment’s revenues primarily consist of volume-based revenues generated from a portion of the service fees collected from cardholders and interchange revenues. Non-volume related revenues include value-added products and services which are not directly associated with transactional activity. ​ The following table summarizes revenue from contracts with customers, by currency, for the three and six months ended June 30, 2019 and 2018: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2019 (in thousands) Issuer Solutions ​ Merchant Solutions Consumer Solutions ​ Total U.S. dollar ​ $ 372,674 ​ ​ 366,313 ​ ​ 196,143 ​ $ 935,130 British Pound Sterling ​ ​ 67,142 ​ ​ - ​ ​ - ​ ​ 67,142 Euro ​ ​ 25,750 ​ ​ - ​ ​ - ​ ​ 25,750 Other ​ ​ 7,140 ​ ​ 323 ​ ​ - ​ ​ 7,463 Total revenues ​ $ 472,706 ​ ​ 366,636 ​ ​ 196,143 ​ $ 1,035,485 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2019 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total U.S. dollar ​ $ 744,674 ​ ​ 711,184 ​ ​ 415,334 ​ $ 1,871,192 British Pound Sterling ​ ​ 132,294 ​ ​ - ​ ​ - ​ ​ 132,294 Euro ​ ​ 51,361 ​ ​ - ​ ​ - ​ ​ 51,361 Other ​ ​ 14,536 ​ ​ 633 ​ ​ - ​ ​ 15,169 Total revenues ​ $ 942,865 ​ ​ 711,817 ​ ​ 415,334 ​ $ 2,070,016 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2018 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total U.S. dollar ​ $ 367,489 ​ ​ 348,524 ​ ​ 200,265 ​ $ 916,278 British Pound Sterling ​ ​ 59,098 ​ ​ - ​ ​ - ​ ​ 59,098 Euro ​ ​ 25,419 ​ ​ - ​ ​ - ​ ​ 25,419 Other ​ ​ 6,595 ​ ​ 190 ​ ​ - ​ ​ 6,785 Total revenues ​ $ 458,601 ​ ​ 348,714 ​ ​ 200,265 ​ $ 1,007,580 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2018 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total U.S. dollar ​ $ 727,359 ​ ​ 667,743 ​ ​ 410,653 ​ $ 1,805,755 British Pound Sterling ​ ​ 122,219 ​ ​ - ​ ​ - ​ ​ 122,219 Euro ​ ​ 52,016 ​ ​ - ​ ​ - ​ ​ 52,016 Other ​ ​ 14,366 ​ ​ 394 ​ ​ - ​ ​ 14,760 Total revenues ​ $ 915,960 ​ ​ 668,137 ​ ​ 410,653 ​ $ 1,994,750 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ See Note 11 ​ Performance obligations ​ The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period. The purpose of this disclosure is to provide additional information about the amounts and expected timing For revenue which is recognized using (i) the “as-invoiced” practical expedient and (ii) the “direct allocation” method, ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Remainder of 2019 2020 2021 2022 2023 - 2029 Total Unsatisfied or partially unsatisfied performance obligations ​ $ 382,746 ​ 630,966 ​ 528,869 ​ 392,712 ​ 470,584 ​ $ 2,405,877 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Contract balances ​ Contract assets are defined as an entity’s right to consideration in exchange for goods or services that the entity has transferred to a customer when that right is conditioned on something other than the passage of time (for example, the entity’s future performance). ​ Contract liabilities are defined as an entity’s obligation to transfer goods or services to a customer for which the entity has received consideration (or the amount is due) from the customer. ​ Net contract assets and liabilities may include amounts related to signing incentives for signing or renewing long-term contracts. Capitalized signing incentives are amortized over the contract term and the amortization is included as a reduction of revenues in the Company’s Consolidated Statements of Income. ​ ASC 606 requires an entity to present in its Consolidated Balance Sheets the net position in a customer contract on a contract-by-contract basis. The net position in a customer contract is presented as either contract assets or contract liabilities. Significant changes in the contract assets and liabilities balances during the six months ended June 30, 2019 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2019 (in thousands) ​ Contract Assets Increase/(Decrease) ​ Contract Liabilities (Increase)/Decrease Signing incentive additions $ 32,585 ​ $ - Signing incentive amortization ​ ​ (13,336) ​ ​ (2,631) Revenue recognized in advance of billings ​ ​ 8,308 ​ ​ 867 Billed amounts transferred to receivables ​ ​ (4,387) ​ ​ (316) Cash received from customers ​ ​ (1,460) ​ ​ (80,485) Deferred revenue that was recognized as revenue ​ ​ 3,499 ​ ​ 68,548 ​ ​ ​ ​ ​ ​ ​ ​ Other changes in contract assets and contract liabilities primarily relate to movements in net contract position (between contract assets and contract liabilities) each period and foreign currency translation.

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	Note 4 – Leases The Company adopted ASU No. 2016-02 and related ASUs (“ASC 842”) as of January 1, 2019 using the cumulative effect method. Upon adoption, the Company recorded right-of-use (“ROU”) assets of $195.2 million and additional operating liabilities of approximately $190.7 million for existing operating leases. Also as part of the initial adoption, the Company wrote off the carrying value of favorable lease intangible assets of $2.1 million and increased the ROU assets by the same amount. The cumulative effect adjustment recorded to opening retained earnings was not material. The adoption of this ASU did not have a material impact on the Company’s results of operations or cash flows. ​ Description of leases and lease policies - lessee TSYS enters into leases for datacenters, facilities, computer equipment and certain other equipment. Leases with an initial term of 12 months or less are not recorded on the balance sheet. TSYS recognizes lease expense or depreciation expense for leases on a straight-line basis over the lease term. Variable lease expense primarily relates to maintenance and other monthly expenses that do not depend on an index or rate. TSYS determines if an arrangement is a lease at contract inception. Operating leases are included in operating lease ROU assets, other current liabilities, and operating lease liabilities in our Consolidated Balance Sheet. Finance leases are included in property and equipment, net and current and long-term obligations under finance leases in our Consolidated Balance Sheet. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of the future lease payments. As most of its leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. TSYS uses the implicit rate when readily determinable. The operating lease ROU asset also includes any lease payments made and excludes lease incentives received. TSYS’ lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. TSYS has lease agreements with lease and non-lease components, which are combined and accounted for as a single lease component for all asset classes excluding computer equipment. For computer equipment leases, the Company accounts for the lease and non-lease components as separate components. The majority of computer equipment lease commitments come with a renewal option or an option to terminate the lease. These lease commitments may be replaced with new leases, which allow the Company to continually update its computer equipment. ​ Practical expedients and policy elections ​ The Company has elected to utilize the following practical expedients and accounting policy elections: ● Electing as a package, the Company did not reassess: (a) whether expired or existing contracts contain leases under the new definition of a lease, (b) lease classification for expired or existing leases, and (c) whether previously capitalized initial direct costs would qualify for capitalization under ASU No. 2016-02. ● The Company did not evaluate land easements that existed or expired before the Company’s adoption of ASU No. 2016-02 and that were not previously accounted for as leases. ● From a lessee perspective, the Company has elected to combine lease and non-lease components for all classes of assets except for computer equipment. Accordingly, for all asset classes excluding computer equipment, the Company accounts for the combined lease and non-lease components as a single lease component. For computer equipment, the Company accounts for lease and non-lease components, such as maintenance, separately. ● From a lessee perspective, the Company has elected, as an accounting policy election by class of underlying asset, not to recognize ROU assets and lease liabilities for short-term leases. ● From a lessor perspective, the Company has elected to utilize the practical expedient in ASU No. 2018-11 to not separate non-lease components from the associated lease component for arrangements including point-of-sale (“POS”) terminals. Since the predominant component in these arrangements is service revenue and not the POS terminal, the combined components in these arrangements will be accounted for under ASC 606 and not ASC 842. ● The Company utilized incremental borrowing rates in transition (as of January 1, 2019) based on the remaining lease payments and remaining lease term. ​ The Company decided not to elect the use of hindsight in determining the lease term and in assessing impairment of the Company’s ROU assets. ​ Supplemental Information ​ Supplemental balance sheet information related to leases is as follows: ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ June 30, 2019 ​ December 31, 2018 Lease assets: ​ ​ ​ ​ ​ Operating lease right-of-use assets, net: ​ ​ ​ ​ ​ Computer equipment ​ $ 68,179 ​ na Facilities ​ ​ 130,162 ​ na Other ​ ​ 198 ​ na Total operating lease right-of-use assets, net ​ ​ 198,539 ​ na Finance lease right-of-use assets: ​ ​ ​ ​ ​ Computer and other equipment ​ ​ 62,896 ​ 91,526 Furniture and other equipment ​ ​ 3,894 ​ 6,104 Total finance lease assets ​ ​ 66,790 ​ 97,630 Less accumulated depreciation: ​ ​ ​ ​ ​ Computer and other equipment ​ ​ (24,605) ​ (47,903) Furniture and other equipment ​ ​ (3,000) ​ (4,859) Total accumulated depreciation ​ ​ (27,605) ​ (52,762) Total finance lease right-of-use assets, net ​ ​ 39,185 ​ 44,868 Total lease assets ​ $ 237,724 ​ 44,868 Lease liabilities: ​ ​ ​ ​ ​ Current portion of operating lease liabilities ​ $ 43,346 ​ na Operating lease liabilities, excluding current portion ​ ​ 167,102 ​ na Current portion of obligations under finance leases ​ ​ 5,986 ​ 5,934 Obligations under finance leases, excluding current portion ​ ​ 28,247 ​ 31,243 Total lease liabilities ​ $ 244,681 ​ 37,177 na = not applicable since TSYS adopted ASC 842 as of January 1, 2019 ​ ​ ​ ​ ​ ​ As of June 30, 2019, finance lease assets and finance lease accumulated depreciation decreased by approximately $30.8 million and $25.2 million, respectively, when compared to December 31, 2018. This decrease is related to the execution of purchase options for certain finance leases, the retirement of certain assets no longer in use as well as the expiration of certain leases at the end of their lease term. The balances of any finance leases subject to purchase options exercised during the six months ended June 30, 2019 were subsequently moved to Property and Equipment. ​ Lease expense ​ The components of lease expense are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ Six months ended (in thousands) ​ June 30, 2019 ​ June 30, 2019 Operating lease expense: ​ ​ ​ ​ ​ Fixed lease expense ​ $ 15,050 ​ 30,025 Variable lease expense ​ ​ 1,726 ​ 3,695 Short-term lease expense ​ ​ 1,715 ​ 3,084 Total operating lease expense ​ ​ 18,491 ​ 36,804 Finance lease expense: ​ ​ ​ ​ ​ Amortization of ROU assets ​ ​ 2,836 ​ 5,727 Interest on finance lease liabilities ​ ​ 375 ​ 763 Total finance lease expense ​ ​ 3,211 ​ 6,490 Total lease expense ​ $ 21,702 ​ 43,294 ​ ​ ​ ​ ​ ​ ​ Total rental expense under all operating leases for the year ended December 31, 2018 was $128.6 million. ​ Other lease information ​ Supplemental cash flow information related to leases is as follows: ​ ​ ​ ​ ​ Six months ended (in thousands) June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: ​ ​ Operating cash flows from operating leases $ 41,703 Operating cash flows from finance leases ​ 765 Financing cash flows from finance leases ​ 2,927 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, (in thousands) ​ 2019 ​ 2018 Right-of-use assets obtained in exchange for lease obligations: ​ ​ ​ ​ ​ Operating leases ​ $ 44,125 ​ na Finance leases ​ ​ - ​ 7,382 na = not applicable since TSYS adopted ASC 842 as of January 1, 2019 ​ ​ ​ ​ ​ ​ The weighted-average remaining lease term and weighted-average discount rate are as follows: ​ ​ ​ ​ ​ Six months ended ​ June 30, 2019 Weighted-average remaining lease term (years): ​ ​ Operating leases 5.29 ​ Finance leases 5.56 ​ Weighted-average discount rate: ​ ​ Operating leases 4.21 % Finance leases 8.49 % ​ ​ ​ ​ Maturity of lease liabilities ​ The future minimum lease payments under noncancelable operating and finance leases with remaining terms greater than one year for the next five years and thereafter and in the aggregate as of June 30, 2019 and December 31, 2018, are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2019 ​ December 31, 2018 (in thousands) Operating Leases ​ Finance Leases ​ Operating Leases ​ Finance Leases 2019 1 ​ $ 23,552 ​ 3,714 ​ 54,818 ​ 7,393 2020 ​ ​ 55,056 ​ 7,381 ​ 54,738 ​ 7,319 2021 ​ ​ 52,898 ​ 7,145 ​ 50,794 ​ 7,085 2022 ​ ​ 44,350 ​ 7,111 ​ 42,048 ​ 7,051 2023 ​ ​ 20,990 ​ 6,719 ​ 19,089 ​ 6,658 Thereafter ​ ​ 41,107 ​ 6,930 ​ 32,894 ​ 6,868 Total lease payments ​ ​ 237,953 ​ 39,000 ​ 254,381 ​ 42,374 Less imputed interest ​ ​ (24,582) ​ (4,488) ​ na ​ (5,197) Total ​ $ 213,371 ​ 34,512 ​ 254,381 ​ 37,177 na = not applicable since TSYS adopted ASC 842 as of January 1, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 For the six months ended June 30, 2019, this row represents the remaining payments from July to December 2019. ​ In 2019, the Company entered into operating and finance leases for certain computer equipment as well as an operating lease for a facility, whose commencement dates range from July 2019 to August 2019. Amounts related to these operating and finance leases totaling $3.5 million are not reflected on the Company’s consolidated balance sheet as of June 30, 2019. However, amounts related to these operating and finance leases are reflected in the above disclosure of future lease commitments as of June 30, 2019.

Long-term Borrowings, Capital L

Long-term Borrowings, Capital Lease Obligations and License Agreements	6 Months Ended
	Jun. 30, 2019
Long-term Borrowings, Capital Lease Obligations and License Agreements
Long-Term Borrowings, Capital Lease Obligations and License Agreements	Note 5 — Long-Term Borrowings and License Agreements ​ Refer to Note 12 of the Company’s audited financial statements for the year ended December 31, 2018, which is included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC, for further discussion regarding long-term borrowings and license agreements. ​

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies
Commitments and Contingencies	Note 6 — Commitments and Contingencies ​ Refer to Note 15 of the Company’s audited financial statements for the year ended December 31, 2018, which is included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC, for a discussion regarding commitments and contingencies. ​ Legal Proceedings – General ​ The Company is subject to various legal proceedings and claims and is also subject to information requests, inquiries and investigations arising out of the ordinary conduct of its business. The Company establishes accruals for litigation and similar matters when those matters present loss contingencies that TSYS determines to be both probable and reasonably estimable in accordance with GAAP. Legal costs are expensed as incurred. In the opinion of management, based on current knowledge and in part upon the advice of legal counsel, all matters not specifically discussed below are believed to be adequately covered by insurance, or, if not covered, the possibility of losses from such matters are believed to be remote or such matters are of such kind or involve such amounts that would not have a material adverse effect on the financial position, results of operations or cash flows of the Company if disposed of unfavorably. ​ TelexFree Matter ​ ProPay, Inc. (“ProPay”), a subsidiary of the Company, has been named as one of a number of defendants (including other merchant processors) in several purported class action lawsuits relating to the activities of TelexFree, Inc. and its affiliates and principals. TelexFree is a former merchant customer of ProPay. With regard to TelexFree, each purported class action lawsuit generally alleges that TelexFree engaged in an improper multi-tier marketing scheme involving voice-over Internet protocol telephone services. The plaintiffs in each of the purported class action complaints generally allege that the various merchant processor defendants, including ProPay, aided and abetted the improper activities of TelexFree. TelexFree filed for bankruptcy protection in Nevada. The bankruptcy proceeding was subsequently transferred to the Massachusetts Bankruptcy Court. ​ Specifically, ProPay has been named as one of a number of defendants (including other merchant processors) in each of the following purported class action complaints relating to TelexFree: (i) Waldermara Martin, et al. v. TelexFree, Inc., et al. (Case No. BK-S-14-12524-ABL) (Bankr. D. Nev.); (ii) Anthony Cellucci, et al. v. TelexFree, Inc., et. al. (Case No. 4:14-BK-40987) (Bankr. D. Mass.); (iii) Maduako C. Ferguson Sr., et al. v. Telexelectric, LLP, et. al (Case No. 5:14-CV-00316-D) (E.D.N.C.); (iv) Todd Cook v. TelexElectric LLP et al. (Case No. 2:14-CV-00134) (N.D. Ga.); (v) Felicia Guevara v. James M. Merrill et al., CA No. 1:14-cv-22405-DPG) (S.D. Fla.); (vi) Reverend Jeremiah Githere, et al. v. TelexElectric LLP et al. (Case No. 1:14-CV-12825-GAO) (D. Mass.); (vii) Paulo Eduardo Ferrari et al. v. Telexfree, Inc. et al. (Case No. 14-04080) (Bankr. D. Mass); (viii) Magalhaes v. TelexFree, Inc., et al., No. 14-cv-12437 (D. Mass.); (ix) Griffith v. Merrill et al., No. 14-CV-12058 (D. Mass.); (x) Abelgadir v. Telexelectric, LLP, No. 14-09857 (S.D.N.Y.); and (xi) Rita Dos Santos, v. TelexElectric, LLP et al., 2:15-cv-01906-NVW (D. Ariz.) (together, the “Actions”). ​ On October 21, 2014, the Judicial Panel on Multidistrict Litigation (“JPML”) transferred and consolidated the Actions filed before that date to the United States District Court for the District of Massachusetts (the “Consolidated Action”). The JPML subsequently transferred the remaining Actions to the Consolidated Action. The Consolidated Action is styled In Re: TelexFree Securities Litigation (4:14-md-02566-TSH) (D. Mass.). ​ The plaintiffs in the Consolidated Action filed a First Consolidated Amended Complaint on March 31, 2015 and filed a Second Consolidated Amended Complaint (the “Second Amended Complaint”) on April 30, 2015. The Second Amended Complaint, which supersedes the complaints filed prior to consolidation of the Actions, purports to bring claims on behalf of all persons who purchased certain TelexFree “memberships” and suffered a “net loss” between January 1, 2012 and April 16, 2014. With respect to ProPay, the Second Amended Complaint alleges that ProPay aided and abetted tortious acts committed by TelexFree, and that ProPay was unjustly enriched in the course of providing payment processing services to TelexFree. Several defendants, including ProPay, moved to dismiss the Second Amended Complaint on June 2, 2015. The court held a hearing on the motions to dismiss on November 2, 2015. ​ On January 29, 2019, the court granted in part and denied in part ProPay’s motion to dismiss the Second Amended Complaint. The court dismissed plaintiffs’ claim that ProPay was unjustly enriched by the alleged TelexFree fraud, but denied ProPay’s motion to dismiss the plaintiffs’ claim that ProPay allegedly aided and abetted TelexFree’s purported scheme. The court’s ruling does not reflect any determination of the merits of the plaintiffs’ aiding and abetting claim against ProPay, but instead is merely a ruling that the plaintiffs have alleged facts that could potentially entitle them to relief from ProPay if those facts were true. ProPay denies that it had any knowledge of TelexFree’s alleged fraud or that it aided and abetted that fraud in any way. ​ After deciding the motions to dismiss filed by ProPay and some of the other defendants in the litigation, the court lifted the stay on discovery that had been in place since the outset of the Consolidated Action. Approximately 50 defendants remain in the litigation. The Court held a scheduling conference on March 20, 2019, but has not yet entered an order setting the case schedule. ​ ProPay has also received various subpoenas, a seizure warrant and other inquiries requesting information regarding TelexFree from (i) the Commonwealth of Massachusetts, Securities Division, (ii) United States Securities and Exchange Commission, (iii) US Immigration and Customs Enforcement, and (iv) the bankruptcy Trustee of the Chapter 11 entities of TelexFree, Inc., TelexFree, LLC and TelexFree Financial, Inc. Pursuant to the seizure warrant served by the United States Attorney’s Office for the District of Massachusetts, ProPay delivered all funds associated with TelexFree held for chargeback and other purposes by ProPay to US Immigration and Customs Enforcement. In addition, ProPay received a notice of potential claim from the bankruptcy Trustee as a result of the relationship of ProPay with TelexFree and its affiliates. ​ While the Company and ProPay intend to vigorously defend the Consolidated Action and other matters arising out of the relationship of ProPay with TelexFree and believe ProPay has substantial defenses related to these purported claims, the Company currently cannot reasonably estimate losses attributable to these matters. ​ TSYS and Global Payments Merger Litigation ​ As of the date of this report, three putative class action lawsuits challenging the Merger have been filed. Two of these lawsuits, captioned Peters v. Total System Services, Inc. et al. Wolf v. Total System Services, Inc., et al. (Case No. 4:19-cv-00115), were filed in the United States District Court for the Middle District of Georgia on July 18, 2019. The third lawsuit, captioned Drulias v. Global Payments Inc., et. al ​ In addition, a lawsuit challenging the Merger on behalf of an individual plaintiff captioned Hickey v. Total System Services, Inc., et al. ​ The Peters Wolf Drulias lawsuit names as defendants Global Payments and members of its board. The Hickey lawsuit names as defendants TSYS and the members of the TSYS board of directors. The complaints filed in the lawsuits assert, among other things, claims for filing a materially incomplete registration statement with the SEC. The plaintiffs in the lawsuits seek, among other things, an injunction barring the Merger, rescission of the Merger or rescissory damages, and an award of damages and attorney’s fees. TSYS believes that the claims asserted in the lawsuits are without merit.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2019
Share-Based Compensation
Share-Based Compensation	Note 7 — Share-Based Compensation ​ Refer to Notes 1 and 18 of the Company’s audited financial statements for the year ended December 31, 2018, which are included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC, for a discussion regarding the Company’s share-based compensation plans and policy. ​ Share-Based Compensation ​ Share-based compensation costs are classified as selling, general and administrative expenses on the Company’s Consolidated Statements of Income and corporate administration and other expenses for segment reporting purposes. TSYS’ share-based compensation costs are expensed, rather than capitalized, as these awards are typically granted to individuals not involved in capitalizable activities. ​ Below is a summary of share-based compensation expense for the three and six months ended June 30, 2019 and 2018: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ Six months ended ​ ​ June 30, ​ June 30, (in thousands) 2019 2018 2019 2018 Share-based compensation ​ $ 11,500 ​ 14,230 ​ 22,214 ​ 20,524 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Nonvested Share Awards - Time-Based ​ The Company granted awards of TSYS common stock to certain key employees. The nonvested stock bonus awards are typically for services to be provided in the future and vest over a period of up to four years. The market value of the TSYS common stock as of the date of issuance is charged as compensation expense over the vesting periods of the awards. As of June 30, 2019, there was approximately $35.2 million of unrecognized compensation cost related to time-based nonvested share awards. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended ​ ​ June 30, ​ 2019 2018 Number of shares granted ​ ​ 316,755 ​ 320,853 Market value in millions ​ $ 29.2 ​ 28.6 ​ ​ ​ ​ ​ ​ ​ Performance- and Market-Based Awards ​ The Company granted performance- and market-based awards to certain key employees. The performance- and market-based goals are established by the Compensation Committee of the Board of Directors and will vest up to a maximum of 200%. During the first six months of 2019 and 2018, the Compensation Committee established performance goals based primarily on various financial and market-based measures. The Company’s market-based awards are based upon the Company’s Total Shareholder Return (“TSR”) as compared to the TSR of the companies in the S&P 500 determined at the end of the performance period for 2018 awards and determined using a twenty day average of the fair market value at the beginning and end of the performance period for 2019 awards. ​ Compensation expense for performance shares is measured on the grant date based on the quoted market price of TSYS common stock. The Company estimates the probability of achieving the goals through the performance period and expenses the awards on a straight-line basis. The fair value of market-based awards is estimated on the grant date using a Monte Carlo simulation model. The Company expenses market-based awards on a straight-line basis. Compensation costs related to performance- and market-based shares are recognized through the longer of the performance period or the vesting period. As of June 30, 2019, there was approximately $22.3 million of unrecognized compensation cost related to TSYS performance-based awards that is expected to be recognized through December 2021. As of June 30, 2019, there was approximately $3.4 million of unrecognized compensation cost related to TSYS market-based awards that is expected to be recognized through December 2021. ​ During the six months ended June 30, 2019 and 2018, the Company granted performance-based awards based on non-financial metrics and the following performance measures: ​ ​ ​ Performance Measure Definition of Measure Adjusted diluted EPS Adjusted earnings divided by weighted average diluted shares outstanding used for diluted EPS calculations. Adjusted earnings is net income excluding the after-tax impact of share-based compensation expense, amortization of acquisition intangibles, merger and acquisition expenses for completed acquisitions and litigation claims, judgments or settlement expenses and related legal expenses. Net revenue Net revenue is total revenues less reimbursable items that are recorded by TSYS as expense. Adjusted EBITDA Adjusted EBITDA is net income excluding equity in income of equity investments, nonoperating income/(expense), income taxes, depreciation, amortization, share-based compensation expenses and other items. ​ The number of performance-based shares with a one- to two-year performance period granted during the six months ended June 30, 2019 and 2018 totaled 86,779 and 95,904, respectively. The number of performance-based shares with a three-year performance period granted during the six months ended June 30, 2019 and 2018, totaled 79,132 and 79,218, respectively. The grants awarded with a three-year performance period during the first six months of 2019 and 2018 will be expensed through December 31, 2021 and 2020, respectively. ​ The number of market-based awards granted during the six months ended June 30, 2019 and 2018 were 30,856 and 33,940, respectively. The performance measure for the market-based awards is the Company’s TSR as compared to the TSR of the companies in the S&P 500 determined at the end of the performance period for 2018 awards and determined using a twenty day average of the fair market value at the beginning and end of the performance period for 2019 awards. ​ Stock Option Awards ​ The Company granted stock options to certain key executives. The grants will vest over a period of up to three years. ​ The weighted average fair value of the option grants was estimated on the date of grant using the Black-Scholes-Merton option-pricing model with the following weighted average assumptions: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended ​ ​ ​ ​ June 30, ​ ​ 2019 ​ 2018 ​ Number of options granted ​ ​ 233,667 ​ ​ 360,118 ​ Weighted average exercise price ​ $ 92.37 ​ ​ 86.90 ​ Risk-free interest rate ​ ​ 2.47 % ​ 2.55 % Expected volatility ​ ​ 22.79 % ​ 21.80 % Expected term (years) ​ ​ 4.8 ​ ​ 4.8 ​ Dividend yield ​ ​ 0.56 % ​ 0.60 % Weighted average fair value ​ $ 21.98 ​ ​ 19.23 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2019, there was approximately $5.1 million of unrecognized compensation cost related to TSYS stock options that is expected to be recognized over a remaining weighted average period of 1.7 years.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Taxes
Income Taxes	Note 8 — Income Taxes ​ Refer to Notes 1 and 14 of the Company’s audited financial statements for the year ended December 31, 2018, which are included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC, for a discussion regarding income taxes. ​ TSYS is the parent of an affiliated group that files a consolidated U.S. federal income tax return, consolidated income tax returns for most states and separate entity basis income tax returns for most foreign jurisdictions. In the normal course of business, the Company is subject to examinations by these taxing authorities unless statutory examination periods lapse. TSYS is no longer subject to U.S. federal income tax examinations for years before 2011 and with few exceptions, the Company is no longer subject to income tax examinations from state and local or foreign tax authorities for years before 2014. In March 2019, TSYS reached a closing agreement with the IRS for the federal income tax examinations in progress for the years 2011 through 2013. Additionally, a number of tax examinations are in progress by the relevant state tax authorities. Although TSYS is unable to determine the ultimate outcome of these examinations, TSYS believes that its liability for uncertain tax positions relating to these jurisdictions for such years is adequate. ​ TSYS’ effective tax rate was 17.1% and 22.3% for the three months ended June 30, 2019 and 2018, respectively, and 16.9% and 17.5% for the six months ended June 30, 2019 and 2018, respectively. The primary reasons for the lower effective income tax rate for the three and six months ended June 30, 2019 as compared to the same periods last year are favorable differences in discrete items related to FIN 48 reserves and equity investment true-ups. During the six-month period ended June 30, 2019, these were mostly offset by unfavorable differences in excess tax benefits of share-based compensation. ​ GAAP prescribes a recognition threshold and measurement attribute for the financial statement recognition, measurement and disclosure of a tax position taken or expected to be taken in a tax return. The unrecognized tax benefit amounts were $18.8 million and $22.3 million as of June 30, 2019 and December 31, 2018, respectively, which resulted in a decrease of $3.5 million during the period. ​ TSYS recognizes potential interest and penalties related to the underpayment of income taxes as income tax expense in the Consolidated Statements of Income. Gross accrued interest and penalties on unrecognized tax benefits totaled $1.7 million and $2.5 million as of June 30, 2019 and December 31, 2018, respectively. The total amounts of unrecognized income tax benefits as of June 30, 2019 and December 31, 2018, that, if recognized, would affect the effective tax rates are $19.3 million and $23.5 million (net of the federal benefit on state tax issues), respectively, which include interest and penalties of $1.0 million and $1.7 million, respectively. TSYS does not expect any significant changes to its calculation of uncertain tax positions during the next twelve months. ​

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share
Earnings Per Share	Note 9 – Earnings Per Share ​ The following tables illustrate basic and diluted EPS for the three and six months ended June 30, 2019 and 2018: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ Six months ended ​ ​ June 30, ​ June 30, ​ ​ 2019 ​ 2018 ​ 2019 ​ 2018 (in thousands, except per share data) Common Common Common Common Basic EPS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income attributable to TSYS common shareholders ​ $ 162,760 ​ ​ 142,435 ​ ​ 324,367 ​ ​ 284,276 Less income allocated to nonvested awards ​ ​ (3) ​ ​ (59) ​ ​ (41) ​ ​ (233) Net income allocated to common stock for EPS calculation (a) ​ $ 162,757 ​ ​ 142,376 ​ ​ 324,326 ​ ​ 284,043 Weighted average shares outstanding ​ ​ 176,962 ​ ​ 182,355 ​ ​ 177,697 ​ ​ 181,992 Less participating securities ​ ​ (3) ​ ​ (76) ​ ​ (22) ​ ​ (150) Average common shares outstanding (b) ​ ​ 176,959 ​ ​ 182,279 ​ ​ 177,675 ​ ​ 181,842 Basic EPS (a)/(b) ​ $ 0.92 ​ ​ 0.78 ​ ​ 1.83 ​ ​ 1.56 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted EPS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income attributable to TSYS common shareholders ​ $ 162,760 ​ ​ 142,435 ​ ​ 324,367 ​ ​ 284,276 Less income allocated to nonvested awards ​ ​ (3) ​ ​ (59) ​ ​ (41) ​ ​ (233) Add income reallocated to nonvested awards 1 ​ ​ 3 ​ ​ 59 ​ ​ 41 ​ ​ 233 Net income allocated to common stock for EPS calculation (c) ​ $ 162,760 ​ ​ 142,435 ​ ​ 324,367 ​ ​ 284,276 Weighted average shares outstanding ​ ​ 176,962 ​ ​ 182,355 ​ ​ 177,697 ​ ​ 181,992 Less participating securities ​ ​ (3) ​ ​ (76) ​ ​ (22) ​ ​ (150) Average common shares outstanding ​ ​ 176,959 ​ ​ 182,279 ​ ​ 177,675 ​ ​ 181,842 Increase due to assumed issuance of shares related to common equivalent shares outstanding ​ ​ 986 ​ ​ 881 ​ ​ 926 ​ ​ 1,064 Average nonvested awards 1 ​ ​ 569 ​ ​ 415 ​ ​ 597 ​ ​ 551 Average common and common equivalent shares outstanding (d) ​ ​ 178,514 ​ ​ 183,575 ​ ​ 179,198 ​ ​ 183,457 Diluted EPS (c)/(d) ​ $ 0.91 ​ ​ 0.78 ​ ​ 1.81 ​ ​ 1.55 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 In accordance with the diluted EPS guidance under the two-class method, the Company uses the approach- either the treasury stock method or the two-class method assuming a participating security is not exercised- that is more dilutive. ​ The diluted EPS calculation excludes stock options and nonvested awards that are exercisable into 0.1 million and 0.2 million common shares for the three and six months ended June 30, 2019, respectively, and excludes 0.4 million common shares for the three and six months ended June 30, 2018, because their inclusion would have been anti-dilutive.

Supplementary Cash Flow Informa

Supplementary Cash Flow Information	6 Months Ended
	Jun. 30, 2019
Supplementary Cash Flow Information
Supplementary Cash Flow Information	Note 10 — Supplementary Cash Flow Information ​ Software Acquired Under License Agreements ​ There was approximately $6.9 million and $3.4 million of software acquired under license agreements in the first six months of 2019 and 2018, respectively. Additionally, the Company did not acquire software through vendor financing and other arrangements during the first six months of 2019 compared to $39.6 million of software acquired through vendor financing and other arrangements during the first six months of 2018.

Segment Reporting and Major Cus

Segment Reporting and Major Customers	6 Months Ended
	Jun. 30, 2019
Segment Reporting and Major Customers
Segment Reporting and Major Customers	Note 11 — Segment Reporting and Major Customers ​ Refer to Note 21 of the Company’s audited financial statements for the year ended December 31, 2018, which is included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC, for a discussion regarding segment reporting and major customers. ​ At TSYS, the chief operating decision maker (“CODM”) is a group consisting of Senior Executive Management. In the first quarter of 2019, the CODM changed the profitability measure for its operating segments to adjusted segment EBITDA. All periods presented have been adjusted to reflect this new measure. ​ The following table presents the Company’s total assets by segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ As of (in thousands) June 30, 2019 December 31, 2018 Issuer Solutions ​ $ 7,049,467 ​ 6,843,451 Merchant Solutions ​ ​ 4,204,758 ​ 4,248,183 Consumer Solutions ​ ​ 1,383,015 ​ 1,374,667 Intersegment assets ​ ​ (4,930,434) ​ (4,997,592) Total assets ​ $ 7,706,806 ​ 7,468,709 ​ ​ ​ ​ ​ ​ ​ The Company maintains property and equipment, net of accumulated depreciation and amortization, in the following geographic areas: ​ ​ ​ ​ ​ ​ ​ ​ ​ As of (in thousands) June 30, 2019 December 31, 2018 United States ​ $ 312,707 ​ 321,119 Europe ​ ​ 46,466 ​ 45,872 Other ​ ​ 14,695 ​ 16,083 Total ​ $ 373,868 ​ 383,074 ​ ​ ​ ​ ​ ​ ​ The following table presents the Company’s depreciation and amortization by segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ Six months ended ​ ​ June 30, ​ June 30, (in thousands) 2019 ​ 2018 ​ 2019 ​ 2018 Depreciation and amortization by segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Solutions ​ $ 36,129 ​ 29,640 ​ ​ 71,296 ​ 57,971 Merchant Solutions ​ ​ 8,257 ​ 7,523 ​ ​ 15,940 ​ 15,348 Consumer Solutions ​ ​ 5,202 ​ 4,313 ​ ​ 9,618 ​ 8,573 Segment depreciation and amortization ​ ​ 49,588 ​ 41,476 ​ ​ 96,854 ​ 81,892 Acquisition intangible amortization ​ ​ 53,706 ​ 61,865 ​ ​ 108,663 ​ 124,888 Corporate administration and other ​ ​ 1,479 ​ 949 ​ ​ 2,966 ​ 1,899 Total depreciation and amortization ​ $ 104,773 ​ 104,290 ​ ​ 208,483 ​ 208,679 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The following tables reconcile geographic revenues to external revenues by operating segment based on the domicile of the Company’s customers: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2019 (in thousands) Issuer Solutions Merchant Solutions Consumer Solutions Total United States ​ $ 243,000 ​ 365,703 ​ 196,143 ​ $ 804,846 Europe 1 ​ ​ 99,038 ​ 128 ​ - ​ ​ 99,166 Canada 1 ​ ​ 107,368 ​ 422 ​ - ​ ​ 107,790 Other 1 ​ ​ 23,300 ​ 383 ​ - ​ ​ 23,683 Total ​ $ 472,706 ​ 366,636 ​ 196,143 ​ $ 1,035,485 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 Certain of these revenues are impacted by movements in foreign currency exchange rates. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2019 (in thousands) Issuer Solutions Merchant Solutions Consumer Solutions Total United States ​ $ 514,130 ​ 710,001 ​ 415,334 ​ $ 1,639,465 Europe 1 ​ ​ 193,425 ​ 288 ​ - ​ ​ 193,713 Canada 1 ​ ​ 187,001 ​ 810 ​ - ​ ​ 187,811 Other 1 ​ ​ 48,309 ​ 718 ​ - ​ ​ 49,027 Total ​ $ 942,865 ​ 711,817 ​ 415,334 ​ $ 2,070,016 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2018 (in thousands) Issuer Solutions Merchant Solutions Consumer Solutions Total United States ​ $ 266,274 ​ 348,012 ​ 200,265 ​ $ 814,551 Europe 1 ​ ​ 89,339 ​ 127 ​ - ​ ​ 89,466 Canada 1 ​ ​ 81,076 ​ 279 ​ - ​ ​ 81,355 Other 1 ​ ​ 21,912 ​ 296 ​ - ​ ​ 22,208 Total ​ $ 458,601 ​ 348,714 ​ 200,265 ​ $ 1,007,580 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2018 (in thousands) Issuer Solutions Merchant Solutions Consumer Solutions Total United States ​ $ 530,306 ​ 666,762 ​ 410,653 ​ $ 1,607,721 Europe 1 ​ ​ 184,483 ​ 252 ​ - ​ ​ 184,735 Canada 1 ​ ​ 158,657 ​ 558 ​ - ​ ​ 159,215 Other 1 ​ ​ 42,514 ​ 565 ​ - ​ ​ 43,079 Total ​ $ 915,960 ​ 668,137 ​ 410,653 ​ $ 1,994,750 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 Certain of these revenues are impacted by movements in foreign currency exchange rates. ​ The following table presents the Company’s operating results by segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ Three months ended ​ ​ Six months ended ​ June 30, ​ June 30, Operating Segments ​ 2019 2018 ​ ​ 2019 2018 Adjusted segment EBITDA 1 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Solutions (a) ​ $ 209,845 ​ 195,275 ​ ​ ​ 414,779 ​ 391,040 Merchant Solutions (b) ​ ​ 138,366 ​ 133,418 ​ ​ ​ 267,201 ​ 252,358 Consumer Solutions (c) ​ ​ 53,595 ​ 54,545 ​ ​ ​ 117,288 ​ 108,212 Corporate administration and other ​ ​ (32,867) ​ (38,217) ​ ​ ​ (73,042) ​ (75,667) Total ​ ​ 368,939 ​ 345,021 ​ ​ ​ 726,226 ​ 675,943 Less: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Share-based compensation ​ ​ 11,500 ​ 14,230 ​ ​ ​ 22,214 ​ 20,524 Merger & acquisition (M&A) and integration expenses 2 ​ ​ 17,150 ​ 2,581 ​ ​ ​ 20,860 ​ 16,949 Depreciation and amortization ​ ​ 104,773 ​ 104,290 ​ ​ ​ 208,483 ​ 208,679 Contract asset amortization ​ ​ 8,250 ​ 6,711 ​ ​ ​ 16,288 ​ 13,584 Contract cost asset amortization ​ ​ 8,179 ​ 8,511 ​ ​ ​ 16,024 ​ 19,238 Operating income ​ ​ 219,087 ​ 208,698 ​ ​ ​ 442,357 ​ 396,969 Nonoperating expenses, net ​ ​ (37,416) ​ (41,170) ​ ​ ​ (80,407) ​ (78,812) Income before income taxes and equity in income of equity investments ​ $ 181,671 ​ 167,528 ​ ​ ​ 361,950 ​ 318,157 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net revenue by segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Solutions (e) ​ $ 432,445 ​ 421,015 ​ ​ ​ 865,919 ​ 844,589 Merchant Solutions (f) ​ ​ 364,210 ​ 346,389 ​ ​ ​ 707,166 ​ 663,792 Consumer Solutions (g) ​ ​ 196,143 ​ 200,293 ​ ​ ​ 415,321 ​ 410,781 Segment net revenue ​ ​ 992,798 ​ 967,697 ​ ​ ​ 1,988,406 ​ 1,919,162 Less: intersegment revenues ​ ​ 12,878 ​ 11,149 ​ ​ ​ 28,217 ​ 27,117 Net revenue 3 ​ ​ 979,920 ​ 956,548 ​ ​ ​ 1,960,189 ​ 1,892,045 Add: reimbursable items ​ ​ 55,565 ​ 51,032 ​ ​ ​ 109,827 ​ 102,705 Total revenues ​ $ 1,035,485 ​ 1,007,580 ​ ​ ​ 2,070,016 ​ 1,994,750 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Adjusted segment EBITDA margin on net revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Solutions (a)/(e) ​ ​ 48.5% ​ 46.4% ​ ​ ​ 47.9% ​ 46.3% Merchant Solutions (b)/(f) ​ ​ 38.0% ​ 38.5% ​ ​ ​ 37.8% ​ 38.0% Consumer Solutions (c)/(g) ​ ​ 27.3% ​ 27.2% ​ ​ ​ 28.2% ​ 26.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 Adjusted segment EBITDA is net income excluding equity in income investments, interest expense (net of interest income), income taxes, depreciation, amortization, contract asset amortization, contract cost asset amortization, gains or losses on foreign currency translation, other nonoperating income or expenses, share-based compensation, litigation, claims, judgments or settlements and M&A and integration expenses. 2 Excludes share-based compensation 3 Net revenue is defined as total revenues less reimbursable items (such as postage) that are recorded by TSYS as expense . ​ Major Customers ​ For the three and six months ended June 30, 2019 and 2018, the Company did not have any major customers.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2019
Subsequent Events
Subsequent Events	Note 12 — Subsequent Events ​ Management performed an evaluation of the Company’s activity as of the date these consolidated financial statements were issued and has concluded that there are no significant subsequent events requiring disclosure, except for the TSYS and Global Payments merger litigation discussed in Note 6 ​

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Summary of Significant Accounting Policies
Basis of Presentation	Basis of Presentation ​ The accompanying unaudited consolidated financial statements of TSYS include the accounts of TSYS and its wholly- and majority-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. ​ These financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X and, therefore, do not include all information and footnotes required by U.S. GAAP for complete financial statements. The preparation of the consolidated financial statements requires management of the Company to make estimates and assumptions relating to the reported amounts of assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. These estimates and assumptions are developed based upon all information available. Actual results could differ from estimated amounts. All adjustments, consisting of normal recurring accruals, which, in the opinion of management, are necessary for a fair presentation of financial position and results of operations for the periods covered by this report, have been included. ​ The accompanying unaudited consolidated financial statements should be read in conjunction with the Company’s summary of significant accounting policies, consolidated financial statements and related notes appearing in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC. Results of interim periods are not necessarily indicative of results to be expected for the year. ​ Out-of-period adjustment ​ As of January 1, 2019, the Company recorded an adjustment to reclassify the cumulative unrealized gain of $5.1 million related to an investment in common stock with a readily determinable fair value from other comprehensive income to opening retained earnings. This adjustment was recorded to comply with the guidance in Accounting Standards Update (“ASU”) No. 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities ​ Fair Value Measurement ​ Refer to Note 3 of the Company’s audited financial statements for the year ended December 31, 2018, which is included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC, for a discussion regarding fair value measurement. ​ The Company had no transfers between Level 1, Level 2 or Level 3 assets during the six months ended June 30, 2019 and 2018. ​ As of June 30, 2019, the Company had recorded goodwill in the amount of $4.1 billion. The Company performs its annual impairment testing of its goodwill balance as of May 31 st
Recently Adopted and New Accounting Pronouncements	Recently Adopted Accounting Pronouncements ​ The Company adopted the following ASUs on January 1, 2019: ​ In September 2017, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2017-13, Revenue Recognition (Topic 605), Revenues from Customers (Topic 606), Leases (Topic 840) and Leases (Topic 842), ​ In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Note 4 ​ New Accounting Pronouncements ​ In June 2016, the FASB issued ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The amendments in this update change how companies measure and recognize credit impairment for many financial assets. The new expected credit loss model will require companies to immediately recognize an estimate of credit losses expected to occur over the remaining life of the financial assets (including trade receivables) that are in the scope of the update. The update also made amendments to the current impairment model for held-to-maturity and available-for-sale debt securities and certain guarantees. The ASU is effective for the Company on January 1, 2020. Early adoption is permitted for periods beginning on or after January 1, 2019. ​ The FASB has issued additional ASUs that provide clarification to certain issues identified after ASU 2016-13 was released. In May 2019, the FASB issued ASU 2019-05 Financial Instruments – Credit Losses (Topic 326): Targeted Transition Relief. ASU 2019-05 was issued to provide entities with more flexibility in applying the fair value option upon the adoption of the new standard. On adoption, an entity is allowed to irrevocably elect the fair value option on an instrument-by-instrument basis. This alternative is available for all instruments in the scope of Subtopic 326-20 except for existing held-to-maturity debt securities. If an entity elects the fair value option, the difference between the instrument’s fair value and carrying amount is recognized as a cumulative-effect adjustment. In April 2019, the FASB issued ASU 2019-04 Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments. ASU 2019-04 makes several changes to how entities will estimate expected credit losses, including two changes that will likely have the most significant effect. The ASU clarifies that the estimate of expected credit losses should include expected recoveries of financial assets, including recoveries of amounts expected to be written off and those previously written off. The ASU also clarifies that contractual extension or renewal options that are not unconditionally cancellable by the lender are considered when determining the contractual term over which expected credit losses are measured. The effective date and transition requirements for the amendments in ASU 2019-05 and ASU 2019-04 are the same as the effective date and transition requirements in ASU 2016-13. ​ The Company is continuing to evaluate the potential effects of ASU 2016-13 on its consolidated financial statements. Based upon the Company’s evaluation to date, the new guidance will apply to the Company’s accounts receivable and contract assets. The Company does not have any available-for-sale debt securities. The adoption of this guidance will require the implementation of new or updated accounting processes, procedures and internal controls over financial reporting. The new standard will also require expanded qualitative and quantitative disclosures about the Company’s financial assets and allowance for credit losses. ​ Refer to Note 1 of the Company’s audited financial statements for the year ended December 31, 2018, which is included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC, for a discussion regarding other new accounting pronouncements. ​

Supplementary Balance Sheet I_2

Supplementary Balance Sheet Information (Tables)	6 Months Ended
	Jun. 30, 2019
Supplementary Balance Sheet Information
Schedule of cash and cash equivalent balances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ June 30, 2019 ​ December 31, 2018 Cash and cash equivalents in domestic accounts ​ $ 405,000 ​ 405,535 Cash and cash equivalents in foreign accounts ​ ​ 53,220 ​ 65,621 Total cash and cash equivalents ​ ​ 458,220 ​ 471,156 Restricted cash included in other long-term assets ​ ​ 2,442 ​ 3,123 Total cash, cash equivalents and restricted cash shown in the statements of cash flows ​ $ 460,662 ​ 474,279 ​ ​ ​ ​ ​ ​
Schedule of significant components of prepaid expenses and other current assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ June 30, 2019 ​ December 31, 2018 Prepaid expenses ​ $ 60,647 ​ 48,058 Income taxes receivable ​ ​ 48,509 ​ 19,362 R&D state tax credit ​ ​ 21,657 ​ 26,541 Supplies inventory ​ ​ 19,710 ​ 18,089 Other ​ ​ 73,525 ​ 76,305 Total ​ $ 224,048 ​ 188,355 ​ ​ ​ ​ ​ ​
Schedule of significant components of other current liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ June 30, 2019 ​ December 31, 2018 Accrued card brand fees ​ $ 63,887 ​ 55,991 Accrued third-party commissions ​ ​ 53,705 ​ 46,977 Accrued expenses ​ ​ 28,431 ​ 25,178 Dividends payable ​ ​ 23,780 ​ 24,645 Accrued interest ​ ​ 21,818 ​ 22,191 Other ​ ​ 86,451 ​ 93,168 Total ​ $ 278,072 ​ 268,150 ​ ​ ​ ​ ​ ​
Schedule of income tax effects allocated to and cumulative balance of each component of accumulated other comprehensive income (loss)	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Foreign Currency Translation Adjustments ​ Gain on Available-For-Sale Securities Change in Postretirement Healthcare Plans ​ Total Accumulated Other Comprehensive Loss, Net of Tax Balance as of December 31, 2018 ​ $ (63,186) ​ ​ 5,052 ​ ​ (2,089) ​ $ (60,223) Reclassification from adoption of ASU No. 2016-01 (Note 1) ​ ​ - ​ ​ (5,052) ​ ​ - ​ ​ (5,052) Balance after reclassification (a) ​ ​ (63,186) ​ ​ - ​ ​ (2,089) ​ ​ (65,275) Pretax amount ​ ​ 420 ​ ​ - ​ ​ 966 ​ ​ 1,386 Tax effect ​ ​ 4 ​ ​ - ​ ​ 307 ​ ​ 311 Net-of-tax amount (b) ​ ​ 416 ​ ​ - ​ ​ 659 ​ ​ 1,075 Balance as of June 30, 2019 (a)+(b) ​ $ (62,770) ​ ​ - ​ ​ (1,430) ​ $ (64,200) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Revenues (Tables)

Revenues (Tables)	6 Months Ended
	Jun. 30, 2019
Schedule of disaggregation of revenue	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2019 (in thousands) Issuer Solutions ​ Merchant Solutions Consumer Solutions ​ Total Volume-based revenues ​ $ 231,265 ​ ​ 342,651 ​ ​ 195,659 ​ $ 769,575 Non-volume related revenues ​ ​ 241,441 ​ ​ 23,985 ​ ​ 484 ​ ​ 265,910 Total revenues ​ $ 472,706 ​ ​ 366,636 ​ ​ 196,143 ​ $ 1,035,485 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2019 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total Volume-based revenues ​ $ 461,476 ​ ​ 665,464 ​ ​ 414,354 ​ $ 1,541,294 Non-volume related revenues ​ ​ 481,389 ​ ​ 46,353 ​ ​ 980 ​ ​ 528,722 Total revenues ​ $ 942,865 ​ ​ 711,817 ​ ​ 415,334 ​ $ 2,070,016 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2018 (in thousands) Issuer Solutions ​ Merchant Solutions Consumer Solutions ​ Total Volume-based revenues ​ $ 223,677 ​ ​ 329,295 ​ ​ 199,490 ​ $ 752,462 Non-volume related revenues ​ ​ 234,924 ​ ​ 19,419 ​ ​ 775 ​ ​ 255,118 Total revenues ​ $ 458,601 ​ ​ 348,714 ​ ​ 200,265 ​ $ 1,007,580 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2018 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total Volume-based revenues ​ $ 442,949 ​ ​ 628,242 ​ ​ 409,211 ​ $ 1,480,402 Non-volume related revenues ​ ​ 473,011 ​ ​ 39,895 ​ ​ 1,442 ​ ​ 514,348 Total revenues ​ $ 915,960 ​ ​ 668,137 ​ ​ 410,653 ​ $ 1,994,750 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of disaggregation of revenue by currency	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2019 (in thousands) Issuer Solutions ​ Merchant Solutions Consumer Solutions ​ Total U.S. dollar ​ $ 372,674 ​ ​ 366,313 ​ ​ 196,143 ​ $ 935,130 British Pound Sterling ​ ​ 67,142 ​ ​ - ​ ​ - ​ ​ 67,142 Euro ​ ​ 25,750 ​ ​ - ​ ​ - ​ ​ 25,750 Other ​ ​ 7,140 ​ ​ 323 ​ ​ - ​ ​ 7,463 Total revenues ​ $ 472,706 ​ ​ 366,636 ​ ​ 196,143 ​ $ 1,035,485 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2019 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total U.S. dollar ​ $ 744,674 ​ ​ 711,184 ​ ​ 415,334 ​ $ 1,871,192 British Pound Sterling ​ ​ 132,294 ​ ​ - ​ ​ - ​ ​ 132,294 Euro ​ ​ 51,361 ​ ​ - ​ ​ - ​ ​ 51,361 Other ​ ​ 14,536 ​ ​ 633 ​ ​ - ​ ​ 15,169 Total revenues ​ $ 942,865 ​ ​ 711,817 ​ ​ 415,334 ​ $ 2,070,016 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2018 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total U.S. dollar ​ $ 367,489 ​ ​ 348,524 ​ ​ 200,265 ​ $ 916,278 British Pound Sterling ​ ​ 59,098 ​ ​ - ​ ​ - ​ ​ 59,098 Euro ​ ​ 25,419 ​ ​ - ​ ​ - ​ ​ 25,419 Other ​ ​ 6,595 ​ ​ 190 ​ ​ - ​ ​ 6,785 Total revenues ​ $ 458,601 ​ ​ 348,714 ​ ​ 200,265 ​ $ 1,007,580 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2018 (in thousands) Issuer ​ Merchant Solutions Consumer Solutions ​ Total U.S. dollar ​ $ 727,359 ​ ​ 667,743 ​ ​ 410,653 ​ $ 1,805,755 British Pound Sterling ​ ​ 122,219 ​ ​ - ​ ​ - ​ ​ 122,219 Euro ​ ​ 52,016 ​ ​ - ​ ​ - ​ ​ 52,016 Other ​ ​ 14,366 ​ ​ 394 ​ ​ - ​ ​ 14,760 Total revenues ​ $ 915,960 ​ ​ 668,137 ​ ​ 410,653 ​ $ 1,994,750 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of performance obligations	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Remainder of 2019 2020 2021 2022 2023 - 2029 Total Unsatisfied or partially unsatisfied performance obligations ​ $ 382,746 ​ 630,966 ​ 528,869 ​ 392,712 ​ 470,584 ​ $ 2,405,877 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of changes in contract balances	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2019 (in thousands) ​ Contract Assets Increase/(Decrease) ​ Contract Liabilities (Increase)/Decrease Signing incentive additions $ 32,585 ​ $ - Signing incentive amortization ​ ​ (13,336) ​ ​ (2,631) Revenue recognized in advance of billings ​ ​ 8,308 ​ ​ 867 Billed amounts transferred to receivables ​ ​ (4,387) ​ ​ (316) Cash received from customers ​ ​ (1,460) ​ ​ (80,485) Deferred revenue that was recognized as revenue ​ ​ 3,499 ​ ​ 68,548 ​ ​ ​ ​ ​ ​ ​
ASU 2014-09
Schedule of the impact of adoption of ASC 606 on the Company's consolidated balance sheets, statements of income, and statements of cash flows	​

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Supplemental balance sheet information related to leases	​ ​ ​ ​ ​ ​ ​ (in thousands) ​ June 30, 2019 ​ December 31, 2018 Lease assets: ​ ​ ​ ​ ​ Operating lease right-of-use assets, net: ​ ​ ​ ​ ​ Computer equipment ​ $ 68,179 ​ na Facilities ​ ​ 130,162 ​ na Other ​ ​ 198 ​ na Total operating lease right-of-use assets, net ​ ​ 198,539 ​ na Finance lease right-of-use assets: ​ ​ ​ ​ ​ Computer and other equipment ​ ​ 62,896 ​ 91,526 Furniture and other equipment ​ ​ 3,894 ​ 6,104 Total finance lease assets ​ ​ 66,790 ​ 97,630 Less accumulated depreciation: ​ ​ ​ ​ ​ Computer and other equipment ​ ​ (24,605) ​ (47,903) Furniture and other equipment ​ ​ (3,000) ​ (4,859) Total accumulated depreciation ​ ​ (27,605) ​ (52,762) Total finance lease right-of-use assets, net ​ ​ 39,185 ​ 44,868 Total lease assets ​ $ 237,724 ​ 44,868 Lease liabilities: ​ ​ ​ ​ ​ Current portion of operating lease liabilities ​ $ 43,346 ​ na Operating lease liabilities, excluding current portion ​ ​ 167,102 ​ na Current portion of obligations under finance leases ​ ​ 5,986 ​ 5,934 Obligations under finance leases, excluding current portion ​ ​ 28,247 ​ 31,243 Total lease liabilities ​ $ 244,681 ​ 37,177 na = not applicable since TSYS adopted ASC 842 as of January 1, 2019 ​ ​ ​ ​ ​
Components of lease expense	​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ Six months ended (in thousands) ​ June 30, 2019 ​ June 30, 2019 Operating lease expense: ​ ​ ​ ​ ​ Fixed lease expense ​ $ 15,050 ​ 30,025 Variable lease expense ​ ​ 1,726 ​ 3,695 Short-term lease expense ​ ​ 1,715 ​ 3,084 Total operating lease expense ​ ​ 18,491 ​ 36,804 Finance lease expense: ​ ​ ​ ​ ​ Amortization of ROU assets ​ ​ 2,836 ​ 5,727 Interest on finance lease liabilities ​ ​ 375 ​ 763 Total finance lease expense ​ ​ 3,211 ​ 6,490 Total lease expense ​ $ 21,702 ​ 43,294 ​ ​ ​ ​ ​ ​
Supplemental cash flow information	​ ​ ​ ​ ​ Six months ended (in thousands) June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: ​ ​ Operating cash flows from operating leases $ 41,703 Operating cash flows from finance leases ​ 765 Financing cash flows from finance leases ​ 2,927 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, (in thousands) ​ 2019 ​ 2018 Right-of-use assets obtained in exchange for lease obligations: ​ ​ ​ ​ ​ Operating leases ​ $ 44,125 ​ na Finance leases ​ ​ - ​ 7,382 na = not applicable since TSYS adopted ASC 842 as of January 1, 2019 ​ ​ ​ ​ ​
Schedule of weighted average remaining lease term and weighted average discount rate	​ ​ ​ ​ ​ Six months ended ​ June 30, 2019 Weighted-average remaining lease term (years): ​ ​ Operating leases 5.29 ​ Finance leases 5.56 ​ Weighted-average discount rate: ​ ​ Operating leases 4.21 % Finance leases 8.49 % ​ ​ ​
Schedule of future minimum lease payments	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2019 ​ December 31, 2018 (in thousands) Operating Leases ​ Finance Leases ​ Operating Leases ​ Finance Leases 2019 1 ​ $ 23,552 ​ 3,714 ​ 54,818 ​ 7,393 2020 ​ ​ 55,056 ​ 7,381 ​ 54,738 ​ 7,319 2021 ​ ​ 52,898 ​ 7,145 ​ 50,794 ​ 7,085 2022 ​ ​ 44,350 ​ 7,111 ​ 42,048 ​ 7,051 2023 ​ ​ 20,990 ​ 6,719 ​ 19,089 ​ 6,658 Thereafter ​ ​ 41,107 ​ 6,930 ​ 32,894 ​ 6,868 Total lease payments ​ ​ 237,953 ​ 39,000 ​ 254,381 ​ 42,374 Less imputed interest ​ ​ (24,582) ​ (4,488) ​ na ​ (5,197) Total ​ $ 213,371 ​ 34,512 ​ 254,381 ​ 37,177 na = not applicable since TSYS adopted ASC 842 as of January 1, 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 For the six months ended June 30, 2019, this row represents the remaining payments from July to December 2019.

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2019
Share-based Compensation
Summary of share-based compensation expense	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ Six months ended ​ ​ June 30, ​ June 30, (in thousands) 2019 2018 2019 2018 Share-based compensation ​ $ 11,500 ​ 14,230 ​ 22,214 ​ 20,524 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Summary of weighted average assumptions, and weighted average fair value of options	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended ​ ​ ​ ​ June 30, ​ ​ 2019 ​ 2018 ​ Number of options granted ​ ​ 233,667 ​ ​ 360,118 ​ Weighted average exercise price ​ $ 92.37 ​ ​ 86.90 ​ Risk-free interest rate ​ ​ 2.47 % ​ 2.55 % Expected volatility ​ ​ 22.79 % ​ 21.80 % Expected term (years) ​ ​ 4.8 ​ ​ 4.8 ​ Dividend yield ​ ​ 0.56 % ​ 0.60 % Weighted average fair value ​ $ 21.98 ​ ​ 19.23 ​ ​ ​ ​ ​ ​ ​ ​ ​
Nonvested Share Awards
Share-based Compensation
Summary of shares granted	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended ​ ​ June 30, ​ 2019 2018 Number of shares granted ​ ​ 316,755 ​ 320,853 Market value in millions ​ $ 29.2 ​ 28.6 ​ ​ ​ ​ ​ ​
Performance and Market Based Awards
Share-based Compensation
Performance Based Award Non-Financial Metrics	​ ​ ​ Performance Measure Definition of Measure Adjusted diluted EPS Adjusted earnings divided by weighted average diluted shares outstanding used for diluted EPS calculations. Adjusted earnings is net income excluding the after-tax impact of share-based compensation expense, amortization of acquisition intangibles, merger and acquisition expenses for completed acquisitions and litigation claims, judgments or settlement expenses and related legal expenses. Net revenue Net revenue is total revenues less reimbursable items that are recorded by TSYS as expense. Adjusted EBITDA Adjusted EBITDA is net income excluding equity in income of equity investments, nonoperating income/(expense), income taxes, depreciation, amortization, share-based compensation expenses and other items.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share
Schedule of basic and diluted EPS	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ Six months ended ​ ​ June 30, ​ June 30, ​ ​ 2019 ​ 2018 ​ 2019 ​ 2018 (in thousands, except per share data) Common Common Common Common Basic EPS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income attributable to TSYS common shareholders ​ $ 162,760 ​ ​ 142,435 ​ ​ 324,367 ​ ​ 284,276 Less income allocated to nonvested awards ​ ​ (3) ​ ​ (59) ​ ​ (41) ​ ​ (233) Net income allocated to common stock for EPS calculation (a) ​ $ 162,757 ​ ​ 142,376 ​ ​ 324,326 ​ ​ 284,043 Weighted average shares outstanding ​ ​ 176,962 ​ ​ 182,355 ​ ​ 177,697 ​ ​ 181,992 Less participating securities ​ ​ (3) ​ ​ (76) ​ ​ (22) ​ ​ (150) Average common shares outstanding (b) ​ ​ 176,959 ​ ​ 182,279 ​ ​ 177,675 ​ ​ 181,842 Basic EPS (a)/(b) ​ $ 0.92 ​ ​ 0.78 ​ ​ 1.83 ​ ​ 1.56 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted EPS: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income attributable to TSYS common shareholders ​ $ 162,760 ​ ​ 142,435 ​ ​ 324,367 ​ ​ 284,276 Less income allocated to nonvested awards ​ ​ (3) ​ ​ (59) ​ ​ (41) ​ ​ (233) Add income reallocated to nonvested awards 1 ​ ​ 3 ​ ​ 59 ​ ​ 41 ​ ​ 233 Net income allocated to common stock for EPS calculation (c) ​ $ 162,760 ​ ​ 142,435 ​ ​ 324,367 ​ ​ 284,276 Weighted average shares outstanding ​ ​ 176,962 ​ ​ 182,355 ​ ​ 177,697 ​ ​ 181,992 Less participating securities ​ ​ (3) ​ ​ (76) ​ ​ (22) ​ ​ (150) Average common shares outstanding ​ ​ 176,959 ​ ​ 182,279 ​ ​ 177,675 ​ ​ 181,842 Increase due to assumed issuance of shares related to common equivalent shares outstanding ​ ​ 986 ​ ​ 881 ​ ​ 926 ​ ​ 1,064 Average nonvested awards 1 ​ ​ 569 ​ ​ 415 ​ ​ 597 ​ ​ 551 Average common and common equivalent shares outstanding (d) ​ ​ 178,514 ​ ​ 183,575 ​ ​ 179,198 ​ ​ 183,457 Diluted EPS (c)/(d) ​ $ 0.91 ​ ​ 0.78 ​ ​ 1.81 ​ ​ 1.55 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 In accordance with the diluted EPS guidance under the two-class method, the Company uses the approach- either the treasury stock method or the two-class method assuming a participating security is not exercised- that is more dilutive. ​

Segment Reporting and Major C_2

Segment Reporting and Major Customers (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting and Major Customers
Schedule of operating income and revenue by segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) ​ Three months ended ​ ​ Six months ended ​ June 30, ​ June 30, Operating Segments ​ 2019 2018 ​ ​ 2019 2018 Adjusted segment EBITDA 1 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Solutions (a) ​ $ 209,845 ​ 195,275 ​ ​ ​ 414,779 ​ 391,040 Merchant Solutions (b) ​ ​ 138,366 ​ 133,418 ​ ​ ​ 267,201 ​ 252,358 Consumer Solutions (c) ​ ​ 53,595 ​ 54,545 ​ ​ ​ 117,288 ​ 108,212 Corporate administration and other ​ ​ (32,867) ​ (38,217) ​ ​ ​ (73,042) ​ (75,667) Total ​ ​ 368,939 ​ 345,021 ​ ​ ​ 726,226 ​ 675,943 Less: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Share-based compensation ​ ​ 11,500 ​ 14,230 ​ ​ ​ 22,214 ​ 20,524 Merger & acquisition (M&A) and integration expenses 2 ​ ​ 17,150 ​ 2,581 ​ ​ ​ 20,860 ​ 16,949 Depreciation and amortization ​ ​ 104,773 ​ 104,290 ​ ​ ​ 208,483 ​ 208,679 Contract asset amortization ​ ​ 8,250 ​ 6,711 ​ ​ ​ 16,288 ​ 13,584 Contract cost asset amortization ​ ​ 8,179 ​ 8,511 ​ ​ ​ 16,024 ​ 19,238 Operating income ​ ​ 219,087 ​ 208,698 ​ ​ ​ 442,357 ​ 396,969 Nonoperating expenses, net ​ ​ (37,416) ​ (41,170) ​ ​ ​ (80,407) ​ (78,812) Income before income taxes and equity in income of equity investments ​ $ 181,671 ​ 167,528 ​ ​ ​ 361,950 ​ 318,157 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net revenue by segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Solutions (e) ​ $ 432,445 ​ 421,015 ​ ​ ​ 865,919 ​ 844,589 Merchant Solutions (f) ​ ​ 364,210 ​ 346,389 ​ ​ ​ 707,166 ​ 663,792 Consumer Solutions (g) ​ ​ 196,143 ​ 200,293 ​ ​ ​ 415,321 ​ 410,781 Segment net revenue ​ ​ 992,798 ​ 967,697 ​ ​ ​ 1,988,406 ​ 1,919,162 Less: intersegment revenues ​ ​ 12,878 ​ 11,149 ​ ​ ​ 28,217 ​ 27,117 Net revenue 3 ​ ​ 979,920 ​ 956,548 ​ ​ ​ 1,960,189 ​ 1,892,045 Add: reimbursable items ​ ​ 55,565 ​ 51,032 ​ ​ ​ 109,827 ​ 102,705 Total revenues ​ $ 1,035,485 ​ 1,007,580 ​ ​ ​ 2,070,016 ​ 1,994,750 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Adjusted segment EBITDA margin on net revenue: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Solutions (a)/(e) ​ ​ 48.5% ​ 46.4% ​ ​ ​ 47.9% ​ 46.3% Merchant Solutions (b)/(f) ​ ​ 38.0% ​ 38.5% ​ ​ ​ 37.8% ​ 38.0% Consumer Solutions (c)/(g) ​ ​ 27.3% ​ 27.2% ​ ​ ​ 28.2% ​ 26.3% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 Adjusted segment EBITDA is net income excluding equity in income investments, interest expense (net of interest income), income taxes, depreciation, amortization, contract asset amortization, contract cost asset amortization, gains or losses on foreign currency translation, other nonoperating income or expenses, share-based compensation, litigation, claims, judgments or settlements and M&A and integration expenses. 2 Excludes share-based compensation 3 Net revenue is defined as total revenues less reimbursable items (such as postage) that are recorded by TSYS as expense . ​
Schedule of depreciation expense by segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended ​ Six months ended ​ ​ June 30, ​ June 30, (in thousands) 2019 ​ 2018 ​ 2019 ​ 2018 Depreciation and amortization by segment: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuer Solutions ​ $ 36,129 ​ 29,640 ​ ​ 71,296 ​ 57,971 Merchant Solutions ​ ​ 8,257 ​ 7,523 ​ ​ 15,940 ​ 15,348 Consumer Solutions ​ ​ 5,202 ​ 4,313 ​ ​ 9,618 ​ 8,573 Segment depreciation and amortization ​ ​ 49,588 ​ 41,476 ​ ​ 96,854 ​ 81,892 Acquisition intangible amortization ​ ​ 53,706 ​ 61,865 ​ ​ 108,663 ​ 124,888 Corporate administration and other ​ ​ 1,479 ​ 949 ​ ​ 2,966 ​ 1,899 Total depreciation and amortization ​ $ 104,773 ​ 104,290 ​ ​ 208,483 ​ 208,679 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
Schedule of total assets by segment	​ ​ ​ ​ ​ ​ ​ ​ ​ As of (in thousands) June 30, 2019 December 31, 2018 Issuer Solutions ​ $ 7,049,467 ​ 6,843,451 Merchant Solutions ​ ​ 4,204,758 ​ 4,248,183 Consumer Solutions ​ ​ 1,383,015 ​ 1,374,667 Intersegment assets ​ ​ (4,930,434) ​ (4,997,592) Total assets ​ $ 7,706,806 ​ 7,468,709 ​ ​ ​ ​ ​ ​
Schedule of property and equipment, net by geographic area	​ ​ ​ ​ ​ ​ ​ ​ ​ As of (in thousands) June 30, 2019 December 31, 2018 United States ​ $ 312,707 ​ 321,119 Europe ​ ​ 46,466 ​ 45,872 Other ​ ​ 14,695 ​ 16,083 Total ​ $ 373,868 ​ 383,074 ​ ​ ​ ​ ​ ​
Schedule of reconciliation of geographic revenues to external revenues by operating segment	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2019 (in thousands) Issuer Solutions Merchant Solutions Consumer Solutions Total United States ​ $ 243,000 ​ 365,703 ​ 196,143 ​ $ 804,846 Europe 1 ​ ​ 99,038 ​ 128 ​ - ​ ​ 99,166 Canada 1 ​ ​ 107,368 ​ 422 ​ - ​ ​ 107,790 Other 1 ​ ​ 23,300 ​ 383 ​ - ​ ​ 23,683 Total ​ $ 472,706 ​ 366,636 ​ 196,143 ​ $ 1,035,485 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 1 Certain of these revenues are impacted by movements in foreign currency exchange rates. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2019 (in thousands) Issuer Solutions Merchant Solutions Consumer Solutions Total United States ​ $ 514,130 ​ 710,001 ​ 415,334 ​ $ 1,639,465 Europe 1 ​ ​ 193,425 ​ 288 ​ - ​ ​ 193,713 Canada 1 ​ ​ 187,001 ​ 810 ​ - ​ ​ 187,811 Other 1 ​ ​ 48,309 ​ 718 ​ - ​ ​ 49,027 Total ​ $ 942,865 ​ 711,817 ​ 415,334 ​ $ 2,070,016 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended June 30, 2018 (in thousands) Issuer Solutions Merchant Solutions Consumer Solutions Total United States ​ $ 266,274 ​ 348,012 ​ 200,265 ​ $ 814,551 Europe 1 ​ ​ 89,339 ​ 127 ​ - ​ ​ 89,466 Canada 1 ​ ​ 81,076 ​ 279 ​ - ​ ​ 81,355 Other 1 ​ ​ 21,912 ​ 296 ​ - ​ ​ 22,208 Total ​ $ 458,601 ​ 348,714 ​ 200,265 ​ $ 1,007,580 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, 2018 (in thousands) Issuer Solutions Merchant Solutions Consumer Solutions Total United States ​ $ 530,306 ​ 666,762 ​ 410,653 ​ $ 1,607,721 Europe 1 ​ ​ 184,483 ​ 252 ​ - ​ ​ 184,735 Canada 1 ​ ​ 158,657 ​ 558 ​ - ​ ​ 159,215 Other 1 ​ ​ 42,514 ​ 565 ​ - ​ ​ 43,079 Total ​ $ 915,960 ​ 668,137 ​ 410,653 ​ $ 1,994,750 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2 Certain of these revenues are impacted by movements in foreign currency exchange rates.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Operating Segments (Details) $ in Millions	Jan. 01, 2019USD ($)	Jun. 30, 2019segment
Segments
Operating segments | segment		3
Common Stock
Out-of-period adjustment
Unrealized gain related to an investment in common stock | $	$ 5.1

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Pending Merger with Global Inc. (Details) - USD ($)	May 27, 2019	Jun. 30, 2019	Dec. 31, 2018
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Common stock, par value (in dollars per share)		$ 0.10	$ 0.10
Global Payments, Inc.
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Equity value of shares	$ 48
Interest acquired (as a percent)	52.00%
Global Payments, Inc. | Total Systems Services, Inc.
Business Acquisition, Equity Interests Issued or Issuable [Line Items]
Number of shares received	0.8101

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Fair Value Measurement (Details) - USD ($)	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Summary of Significant Accounting Policies
Asset transfers out of Level 1 into Level 2	$ 0
Asset transfers out of Level 2 into Level 1	0
Asset transfers into (out of) Level 3	0
Goodwill	$ 4,114,851,000	$ 4,114,838,000

Supplementary Balance Sheet I_3

Supplementary Balance Sheet Information (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017
Total cash and cash equivalents	$ 458,220	$ 471,156
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	460,662	474,279	$ 461,040	$ 451,370
Domestic
Total cash and cash equivalents	405,000	405,535
Foreign
Total cash and cash equivalents	53,220	65,621
Other long-term assets
Restricted cash included in other long-term assets	$ 2,442	$ 3,123

Supplementary Balance Sheet I_4

Supplementary Balance Sheet Information - Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Supplementary Balance Sheet Information
Prepaid expenses	$ 60,647	$ 48,058
Income taxes receivable	48,509	19,362
R and D state tax credit	21,657	26,541
Supplies inventory	19,710	18,089
Other	73,525	76,305
Total	$ 224,048	$ 188,355

Supplementary Balance Sheet I_5

Supplementary Balance Sheet Information - Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Supplementary Balance Sheet Information
Accrued card brand fees	$ 63,887	$ 55,991
Accrued third-party commissions	53,705	46,977
Accrued expenses	28,431	25,178
Dividends payable	23,780	24,645
Accrued interest	21,818	22,191
Other	86,451	93,168
Total	$ 278,072	$ 268,150

Supplementary Balance Sheet I_6

Supplementary Balance Sheet Information - Accumulated Other Comprehensive Loss (AOCL) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Accumulated Other Comprehensive Loss (AOCL)
Beginning Balance	$ 2,585,906
Ending Balance	2,494,594	$ 2,585,906
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Loss (AOCL)
Beginning Balance	(65,275)
Reclassification from adoption of ASU 2016-01 (Note 1)		(5,052)
Pretax Amount	1,386
Tax Effect	311
Net-of-tax Amount	1,075
Ending Balance	(64,200)	(65,275)
Accumulated Other Comprehensive Income (Loss) | Previously reported
Accumulated Other Comprehensive Loss (AOCL)
Beginning Balance	(60,223)
Ending Balance		(60,223)
Foreign currency translation adjustments and transfers from noncontrolling interests
Accumulated Other Comprehensive Loss (AOCL)
Beginning Balance	(63,186)
Pretax Amount	420
Tax Effect	4
Net-of-tax Amount	416
Ending Balance	(62,770)	(63,186)
Foreign currency translation adjustments and transfers from noncontrolling interests | Previously reported
Accumulated Other Comprehensive Loss (AOCL)
Beginning Balance	(63,186)
Ending Balance		(63,186)
Gain on available-for-sale securities
Accumulated Other Comprehensive Loss (AOCL)
Reclassification from adoption of ASU 2016-01 (Note 1)		(5,052)
Gain on available-for-sale securities | Previously reported
Accumulated Other Comprehensive Loss (AOCL)
Beginning Balance	5,052
Ending Balance		5,052
Change in postretirement healthcare plans
Accumulated Other Comprehensive Loss (AOCL)
Beginning Balance	(2,089)
Pretax Amount	966
Tax Effect	307
Net-of-tax Amount	659
Ending Balance	(1,430)	(2,089)
Change in postretirement healthcare plans | Previously reported
Accumulated Other Comprehensive Loss (AOCL)
Beginning Balance	$ (2,089)
Ending Balance		$ (2,089)

Revenues - (Details)

Revenues - (Details)	6 Months Ended
	Jun. 30, 2019
Minimum
Disaggregation of revenue
Individual Merchants, Contract Term	30 days
Long Term Processing Contracts, Term	3 years
Maximum
Disaggregation of revenue
Individual Merchants, Contract Term	5 years
Long Term Processing Contracts, Term	8 years

Revenues - Disaggregated Revenu

Revenues - Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation of revenue
Revenue	$ 1,035,485	$ 1,007,580	$ 2,070,016	$ 1,994,750
U.S. dollar
Disaggregation of revenue
Revenue	935,130	916,278	1,871,192	1,805,755
British Pound Sterling
Disaggregation of revenue
Revenue	67,142	59,098	132,294	122,219
Euro
Disaggregation of revenue
Revenue	25,750	25,419	51,361	52,016
Other
Disaggregation of revenue
Revenue	7,463	6,785	15,169	14,760
Volume-based revenues
Disaggregation of revenue
Revenue	769,575	752,462	1,541,294	1,480,402
Non-volume related revenues
Disaggregation of revenue
Revenue	265,910	255,118	528,722	514,348
Issuer Solutions
Disaggregation of revenue
Revenue	472,706	458,601	942,865	915,960
Issuer Solutions | U.S. dollar
Disaggregation of revenue
Revenue	372,674	367,489	744,674	727,359
Issuer Solutions | British Pound Sterling
Disaggregation of revenue
Revenue	67,142	59,098	132,294	122,219
Issuer Solutions | Euro
Disaggregation of revenue
Revenue	25,750	25,419	51,361	52,016
Issuer Solutions | Other
Disaggregation of revenue
Revenue	7,140	6,595	14,536	14,366
Issuer Solutions | Volume-based revenues
Disaggregation of revenue
Revenue	231,265	223,677	461,476	442,949
Issuer Solutions | Non-volume related revenues
Disaggregation of revenue
Revenue	241,441	234,924	481,389	473,011
Merchant Solutions
Disaggregation of revenue
Revenue	366,636	348,714	711,817	668,137
Merchant Solutions | U.S. dollar
Disaggregation of revenue
Revenue	366,313	348,524	711,184	667,743
Merchant Solutions | Other
Disaggregation of revenue
Revenue	323	190	633	394
Merchant Solutions | Volume-based revenues
Disaggregation of revenue
Revenue	342,651	329,295	665,464	628,242
Merchant Solutions | Non-volume related revenues
Disaggregation of revenue
Revenue	23,985	19,419	46,353	39,895
Consumer Solutions
Disaggregation of revenue
Revenue	196,143	200,265	415,334	410,653
Consumer Solutions | U.S. dollar
Disaggregation of revenue
Revenue	196,143	200,265	415,334	410,653
Consumer Solutions | Volume-based revenues
Disaggregation of revenue
Revenue	195,659	199,490	414,354	409,211
Consumer Solutions | Non-volume related revenues
Disaggregation of revenue
Revenue	$ 484	$ 775	$ 980	$ 1,442

Revenues - Performance Obligati

Revenues - Performance Obligation (Details) $ in Thousands	Jun. 30, 2019USD ($)
Revenue from Contract with Customer [Abstract]
Unsatisfied or partially unsatisfied performance obligations	$ 2,405,877
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue from Contract with Customer [Abstract]
Unsatisfied or partially unsatisfied performance obligations	$ 382,746
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	84 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue from Contract with Customer [Abstract]
Unsatisfied or partially unsatisfied performance obligations	$ 630,966
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue from Contract with Customer [Abstract]
Unsatisfied or partially unsatisfied performance obligations	$ 528,869
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue from Contract with Customer [Abstract]
Unsatisfied or partially unsatisfied performance obligations	$ 392,712
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue from Contract with Customer [Abstract]
Unsatisfied or partially unsatisfied performance obligations	$ 470,584
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	84 months

Revenues - Changes in contract

Revenues - Changes in contract assets and liabilities (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Contract Assets
Increase in net contract assets related to signing incentives additions	$ 32,585
Decrease in net contract assets related to signing incentive amortization	(13,336)
Increase in net contract assets related to revenue recognized in advance of billing	8,308
Change in net contract assets due to amounts transferred to receivables	(4,387)
Changes in net contract assets primarily relating to cash received from customers	(1,460)
Deferred revenue that was released from the net contract asset balance	3,499
Contract Liabilities
Increase in net contract liabilities related to signing incentive amortization	(2,631)
Decrease in net contract liabilities related to revenue recognized in advance of billing	867
Change in net contract liabilities due to amounts transferred to receivables	(316)
Increase in net contract liabilities primarily relating to cash received from customers	(80,485)
Deferred revenue that was released from net contract liabilities	$ 68,548

Lease (Details)

Lease (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
Leases
Operating leases, right to use assets	$ 198,539
Operating leases, liabilities	$ 213,371		$ 254,381
Practical expedients, package	false
Practical expedient, hindsight	false
Intangible assets
Leases
Operating leases, right to use assets		$ 2,100
ASU 2016-02
Leases
Operating leases, right to use assets		195,200
Operating leases, liabilities		$ 190,700

Lease - Supplemental Informatio

Lease - Supplemental Information (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Leases
Operating leases, right to use assets	$ 198,539	$ 198,539
Finance lease right-of-use assets	66,790	66,790	$ 97,630
Finance Lease, Right-of-Use Asset, Amortization	(2,836)	(5,727)
Total lease assets	237,724	237,724	44,868
Current portion of operating lease liabilities (Note 4)	43,346	43,346
Operating lease liabilities, excluding current portion (Note 4)	167,102	167,102
Current portion of obligations under finance leases and license agreements (Note 4)	5,986	5,986	5,934
Obligations under finance leases and license agreements, excluding current portion (Note 4)	28,247	28,247	31,243
Total lease liabilities	244,681	244,681	37,177
Decrease in finance lease asset		30,800
Decrease in finance lease accumulated depreciation		25,200
Finance Leased Asset
Leases
Finance Lease, Right-of-Use Asset, Amortization		(27,605)	(52,762)
Total finance lease right-of-use assets, net	39,185	39,185	44,868
Computer and other equipment
Leases
Finance lease right-of-use assets	62,896	62,896	91,526
Finance Lease, Right-of-Use Asset, Amortization		(24,605)	(47,903)
Furniture and other equipment
Leases
Finance lease right-of-use assets	3,894	3,894	6,104
Finance Lease, Right-of-Use Asset, Amortization		(3,000)	$ (4,859)
Computer equipment
Leases
Operating leases, right to use assets	68,179	68,179
Facilities
Leases
Operating leases, right to use assets	130,162	130,162
Other
Leases
Operating leases, right to use assets	$ 198	$ 198

Lease - Lease expense (Details)

Lease - Lease expense (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Lease expense
Fixed lease expense	$ 15,050	$ 30,025
Variable lease expense	1,726	3,695
Short-term lease expense	1,715	3,084
Total operating lease expense	18,491	36,804
Finance lease expense:
Amortization of ROU assets	2,836	5,727
Interest on finance lease liabilities	375	763
Total finance lease expense	3,211	6,490
Total lease expense	$ 21,702	$ 43,294
Rental expense under all operating leases			$ 128,600

Lease - Other lease information

Lease - Other lease information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Leases
Operating cash flows from operating leases	$ 41,703
Operating cash flows from finance leases	765
Financing cash flows from finance leases	2,927
Right-of-use assets obtained in exchange for lease obligations, operating leases	$ 44,125
Right-of-use assets obtained in exchange for lease obligations, finance leases		$ 7,382
Weighted-average remaining lease term (years), operating leases	5 years 3 months 14 days
Weighted-average remaining lease term (years), finance leases	5 years 6 months 21 days
Weighted-average discount rate, operating leases	4.21%
Weighted-average discount rate, finance leases	8.49%
Minimum
Leases
Lease terms	1 year
Maximum
Leases
Lease terms	5 years

Lease - Maturity of lease liabi

Lease - Maturity of lease liabilities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Operating Leases
2019	$ 23,552	$ 54,818
2020	55,056	54,738
2021	52,898	50,794
2022	44,350	42,048
2023	20,990	19,089
Thereafter	41,107	32,894
Total lease payments	237,953	254,381
Less imputed interest	(24,582)
Total	213,371	254,381
Finance Leases
2019	3,714	7,393
2020	7,381	7,319
2021	7,145	7,085
2022	7,111	7,051
2023	6,719	6,658
Thereafter	6,930	6,868
Total lease payments	39,000	42,374
Less imputed interest	(4,488)	(5,197)
Total	34,512	$ 37,177
Operating And Finance Leases	$ 3,500

Commitments and Contingencies -

Commitments and Contingencies - Legal Proceedings (Details)	Jan. 29, 2019defendant
Propay
Commitments and Contingencies
Number of defendants	50

Share-Based Compensation - Expe

Share-Based Compensation - Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-Based Compensation
Share-based compensation	$ 11,500	$ 14,230	$ 22,214	$ 20,524
Selling, general and administrative expenses
Share-Based Compensation
Share-based compensation	$ 11,500	$ 14,230	$ 22,214	$ 20,524

Share-Based Compensation - Nonv

Share-Based Compensation - Nonvested Awards - Vesting and Grants Cost (Details) - Nonvested Share Awards - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Shares granted
Number of shares granted	316,755	320,853
Market value	$ 29.2	$ 28.6
Unrecognized compensation cost (in dollars)	$ 35.2
Maximum
Share-based Compensation
Award vesting period	4 years

Share-Based Compensation - Perf

Share-Based Compensation - Performance and Market- Based Awards Granted (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Performance Based Awards
Share-based Compensation
Performance period	3 years
Unrecognized compensation cost (in dollars)	$ 22.3
Number of shares granted	86,779
Performance Based Awards | Minimum
Share-based Compensation
Performance period	1 year
Performance Based Awards | Maximum
Share-based Compensation
Performance period		2 years
Vesting percentage		200.00%
Performance Based Awards | Performance Period Ending December 2021
Share-based Compensation
Number of shares granted	79,132
Performance Based Awards | Performance Period Ending December 2020
Share-based Compensation
Number of shares granted		79,218
Performance Based Awards | Performance Period Ending December 2018
Share-based Compensation
Number of shares granted		95,904
Market Based Share Awards
Share-based Compensation
Unrecognized compensation cost (in dollars)	$ 3.4
Number of shares granted	30,856	33,940
Market Based Share Awards | Maximum
Share-based Compensation
Vesting percentage	200.00%
Nonvested Share Awards
Share-based Compensation
Unrecognized compensation cost (in dollars)	$ 35.2
Number of shares granted	316,755	320,853

Share-Based Compensation - Stoc

Share-Based Compensation - Stock Option Award Vesting and Weighted Average Assumptions (Details) - Stock Options - $ / shares	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Weighted average assumptions and weighted average fair value of options
Number of options granted (in shares)	233,667	360,118
Weighted average exercise price (in dollars per share)	$ 92.37	$ 86.90
Risk-free interest rate (as a percent)	2.47%	2.55%
Expected volatility (as a percent)	22.79%	21.80%
Expected term (years)	4 years 9 months 18 days	4 years 9 months 18 days
Dividend yield (as a percent)	0.56%	0.60%
Weighted average fair value (in dollars per share)	$ 21.98	$ 19.23
Maximum
Share-based Compensation
Award vesting period	3 years

Share-Based Compensation - St_2

Share-Based Compensation - Stock Option Award Unrecognized Compensation Cost (Details) - Stock Options $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)
Unrecognized compensation cost
Unrecognized compensation cost	$ 5.1
Weighted average period of recognition of unrecognized compensation cost	1 year 8 months 12 days

Income Taxes - Effective Tax Ra

Income Taxes - Effective Tax Rate and Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Uncertain tax positions
Effective tax rate (as a percent)	17.10%	22.30%	16.90%	17.50%
Amount of unrecognized tax benefits	$ 18.8		$ 18.8		$ 22.3
Net, current activity			(3.5)
Gross accrued interest and penalties on unrecognized tax benefits	1.7		1.7		2.5
Unrecognized income tax benefits that, if recognized, would affect the effective tax rates	19.3		19.3		23.5
Unrecognized income tax benefits that, if recognized, would affect the effective tax rates , interest and penalties	1		1		$ 1.7
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	$ 0		$ 0

Earnings Per Share - Basic EPS

Earnings Per Share - Basic EPS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Basic EPS:
Net income attributable to TSYS common shareholders	$ 162,760	$ 142,435	$ 324,367	$ 284,276
Basic EPS	$ 0.92	$ 0.78	$ 1.83	$ 1.56
Common Stock
Basic EPS:
Net income attributable to TSYS common shareholders	$ 162,760	$ 142,435	$ 324,367	$ 284,276
Less income allocated to nonvested awards	(3)	(59)	(41)	(233)
Net income allocated to common stock for EPS calculation	$ 162,757	$ 142,376	$ 324,326	$ 284,043
Weighted average shares outstanding	176,962	182,355	177,697	181,992
Less participating securities	(3)	(76)	(22)	(150)
Average common shares outstanding	176,959	182,279	177,675	181,842
Basic EPS	$ 0.92	$ 0.78	$ 1.83	$ 1.56

Earnings Per Share - Diluted EP

Earnings Per Share - Diluted EPS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Diluted EPS:
Net income attributable to TSYS common shareholders	$ 162,760	$ 142,435	$ 324,367	$ 284,276
Diluted EPS	$ 0.91	$ 0.78	$ 1.81	$ 1.55
Common Stock
Diluted EPS:
Net income attributable to TSYS common shareholders	$ 162,760	$ 142,435	$ 324,367	$ 284,276
Less income allocated to nonvested awards	(3)	(59)	(41)	(233)
Add income allocated to nonvested awards	3	59	41	233
Net income allocated to common stock for EPS calculation	$ 162,760	$ 142,435	$ 324,367	$ 284,276
Weighted average shares outstanding	176,962	182,355	177,697	181,992
Less participating securities	(3)	(76)	(22)	(150)
Average common shares outstanding	176,959	182,279	177,675	181,842
Increase due to assumed issuance of shares related to common equivalent shares outstanding	986	881	926	1,064
Average nonvested awards	569	415	597	551
Average common and common equivalent shares outstanding	178,514	183,575	179,198	183,457
Diluted EPS	$ 0.91	$ 0.78	$ 1.81	$ 1.55

Earnings Per Share - Anti-dilut

Earnings Per Share - Anti-dilutive Securities (Details) - shares shares in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share
Anti-dilutive stock options and nonvested awards excluded from diluted EPS calculation	0.1	0.2	0.4

Supplementary Cash Flow Infor_2

Supplementary Cash Flow Information (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Supplementary Cash Flow Information
Software acquired under license agreements	$ 6.9	$ 3.4
Software acquired through vendor financing arrangement	$ 39.6

Segment Reporting and Major C_3

Segment Reporting and Major Customers - Total Assets by Segment (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Segment Reporting
Total assets	$ 7,706,806	$ 7,468,709
Issuer Solutions
Segment Reporting
Total assets	7,049,467	6,843,451
Merchant Solutions
Segment Reporting
Total assets	4,204,758	4,248,183
Consumer Solutions
Segment Reporting
Total assets	1,383,015	1,374,667
Intersegment
Segment Reporting
Total assets	$ (4,930,434)	$ (4,997,592)

Segment Reporting and Major C_4

Segment Reporting and Major Customers - Property and Equipment, net (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Property and equipment, net, by geographic areas
Property and equipment, net of accumulated depreciation and amortization	$ 373,868	$ 383,074
United States
Property and equipment, net, by geographic areas
Property and equipment, net of accumulated depreciation and amortization	312,707	321,119
Europe
Property and equipment, net, by geographic areas
Property and equipment, net of accumulated depreciation and amortization	46,466	45,872
Other
Property and equipment, net, by geographic areas
Property and equipment, net of accumulated depreciation and amortization	$ 14,695	$ 16,083

Segment Reporting and Major C_5

Segment Reporting and Major Customers - Depreciation and Amortization (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting
Total depreciation and amortization	$ 104,773	$ 104,290	$ 208,483	$ 208,679
Operating Segments
Segment Reporting
Depreciation and amortization	49,588	41,476	96,854	81,892
Operating Segments | Issuer Solutions
Segment Reporting
Depreciation and amortization	36,129	29,640	71,296	57,971
Operating Segments | Merchant Solutions
Segment Reporting
Depreciation and amortization	8,257	7,523	15,940	15,348
Operating Segments | Consumer Solutions
Segment Reporting
Depreciation and amortization	5,202	4,313	9,618	8,573
Segment Reconciling Items
Segment Reporting
Acquisition intangible amortization	53,706	61,865	108,663	124,888
Corporate Administration and Other
Segment Reporting
Depreciation and amortization	$ 1,479	$ 949	$ 2,966	$ 1,899

Segment Reporting and Major C_6

Segment Reporting and Major Customers - Geographic Revenues to External Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Geographic revenues to external revenues by operating segment
Total revenues	$ 1,035,485	$ 1,007,580	$ 2,070,016	$ 1,994,750
United States
Geographic revenues to external revenues by operating segment
Total revenues	804,846	814,551	1,639,465	1,607,721
Europe
Geographic revenues to external revenues by operating segment
Total revenues	99,166	89,466	193,713	184,735
Canada
Geographic revenues to external revenues by operating segment
Total revenues	107,790	81,355	187,811	159,215
Other
Geographic revenues to external revenues by operating segment
Total revenues	23,683	22,208	49,027	43,079
Issuer Solutions
Geographic revenues to external revenues by operating segment
Total revenues	472,706	458,601	942,865	915,960
Issuer Solutions | United States
Geographic revenues to external revenues by operating segment
Total revenues	243,000	266,274	514,130	530,306
Issuer Solutions | Europe
Geographic revenues to external revenues by operating segment
Total revenues	99,038	89,339	193,425	184,483
Issuer Solutions | Canada
Geographic revenues to external revenues by operating segment
Total revenues	107,368	81,076	187,001	158,657
Issuer Solutions | Other
Geographic revenues to external revenues by operating segment
Total revenues	23,300	21,912	48,309	42,514
Merchant Solutions
Geographic revenues to external revenues by operating segment
Total revenues	366,636	348,714	711,817	668,137
Merchant Solutions | United States
Geographic revenues to external revenues by operating segment
Total revenues	365,703	348,012	710,001	666,762
Merchant Solutions | Europe
Geographic revenues to external revenues by operating segment
Total revenues	128	127	288	252
Merchant Solutions | Canada
Geographic revenues to external revenues by operating segment
Total revenues	422	279	810	558
Merchant Solutions | Other
Geographic revenues to external revenues by operating segment
Total revenues	383	296	718	565
Consumer Solutions
Geographic revenues to external revenues by operating segment
Total revenues	196,143	200,265	415,334	410,653
Consumer Solutions | United States
Geographic revenues to external revenues by operating segment
Total revenues	$ 196,143	$ 200,265	$ 415,334	$ 410,653

Segment Reporting and Major C_7

Segment Reporting and Major Customers - Operating Results (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting
Adjusted operating income	$ 368,939	$ 345,021	$ 726,226	$ 675,943
Share-based compensation	11,500	14,230	22,214	20,524
Depreciation and amortization	104,773	104,290	208,483	208,679
Contract asset amortization	8,250	6,711	16,288	13,584
Contract cost asset amortization	8,179	8,511	16,024	19,238
Operating income	219,087	208,698	442,357	396,969
Nonoperating expenses, net	(37,416)	(41,170)	(80,407)	(78,812)
Income before income taxes and equity in income of equity investments	181,671	167,528	361,950	318,157
Net revenue	979,920	956,548	1,960,189	1,892,045
Add: reimbursable items	55,565	51,032	109,827	102,705
Total revenues	1,035,485	1,007,580	2,070,016	1,994,750
Selling, general and administrative expenses
Segment Reporting
Share-based compensation	11,500	14,230	22,214	20,524
Issuer Solutions
Segment Reporting
Total revenues	472,706	458,601	942,865	915,960
Merchant Solutions
Segment Reporting
Total revenues	366,636	348,714	711,817	668,137
Consumer Solutions
Segment Reporting
Total revenues	196,143	200,265	415,334	410,653
Operating Segments
Segment Reporting
Net revenue	992,798	967,697	1,988,406	1,919,162
Operating Segments | Issuer Solutions
Segment Reporting
Adjusted operating income	209,845	195,275	414,779	391,040
Net revenue	$ 432,445	$ 421,015	$ 865,919	$ 844,589
Operating margin on net revenue	48.50%	46.40%	47.90%	46.30%
Operating Segments | Merchant Solutions
Segment Reporting
Adjusted operating income	$ 138,366	$ 133,418	$ 267,201	$ 252,358
Net revenue	$ 364,210	$ 346,389	$ 707,166	$ 663,792
Operating margin on net revenue	38.00%	38.50%	37.80%	38.00%
Operating Segments | Consumer Solutions
Segment Reporting
Adjusted operating income	$ 53,595	$ 54,545	$ 117,288	$ 108,212
Net revenue	$ 196,143	$ 200,293	$ 415,321	$ 410,781
Operating margin on net revenue	27.30%	27.20%	28.20%	26.30%
Corporate Administration and Other | Corporate administration and other.
Segment Reporting
Adjusted operating income	$ (32,867)	$ (38,217)	$ (73,042)	$ (75,667)
Intersegment
Segment Reporting
Net revenue	12,878	11,149	28,217	27,117
Segment Reconciling Items
Segment Reporting
Merger & acquisition (M&A) and integration expenses2	$ 17,150	$ 2,581	$ 20,860	$ 16,949