TOTAL SYSTEM SERVICES, INC.
Statement re Computation of Per Share Earnings
The following computations set forth the calculations of primary and fully
diluted earnings per share for the three months and six months ended June 30,
1995:
Three Months Ended Six Months Ended
June 30, 1995 June 30, 1995
Fully Fully
Primary Diluted Primary Diluted
Earnings Earnings Earnings Earnings
Per Share Per Share Per Share Per Share
Net income $ 6,013,579 $ 6,013,579 $ 10,797,098 $ 10,797,098
========== ========== ========== ==========
Weighted average
number of common
shares outstanding 64,631,294 64,631,294 64,631,294 64,631,294
Increase due to
contingently issuable
shares associated with
an acquisition 21,739 21,739 21,739 21,739
Increase due to assumed
issuance of shares
related to stock options
outstanding 58,472 58,472 60,530 60,530
---------- ---------- ---------- ---------
Adjusted weighted
average number of common
and common equivalent
shares outstanding 64,711,505 64,711,505 64,713,563 64,713,563
========== ========== ========== ==========
Net income per common
and common equivalent
share $ .093 $ .093 $ .167 $ .167
========== ========= ========= =========
Three Months Ended Six Months Ended
June 30, 1994 June 30, 1994
Fully Fully
Primary Diluted Primary Diluted
Earnings Earnings Earnings Earnings
Per Share Per Share Per Share Per Share
Net income $ 5,224,960 $ 5,224,960 $ 9,573,480 $ 9,573,480
Weighted average
number of common
shares outstanding 64,631,294 64,631,294 64,627,802 64,627,802
Increase due to
contingently issuable
shares associated with
an acquisition 25,576 51,150 25,576 51,150
Increase due to assumed
issuance of shares
related to stock options
outstanding 1,590 1,590 852 852
---------- --------- --------- --------
Adjusted weighted
average number of common
and common equivalent
shares outstanding 64,658,460 64,684,034 64,654,230 64,679,804
========== ========== ========== ==========
Net income per common
and common equivalent
share $ .081 $ .081 $ .148 $ .148
========== ========= ========= =========