Attached files
file | filename |
---|---|
EXCEL - IDEA: XBRL DOCUMENT - TOTAL SYSTEM SERVICES INC | Financial_Report.xls |
EX-32 - EX-32 - TOTAL SYSTEM SERVICES INC | d507963dex32.htm |
EX-10.4 - EX-10.4 - TOTAL SYSTEM SERVICES INC | d507963dex104.htm |
EX-31.1 - EX-31.1 - TOTAL SYSTEM SERVICES INC | d507963dex311.htm |
EX-10.3 - EX-10.3 - TOTAL SYSTEM SERVICES INC | d507963dex103.htm |
EX-31.2 - EX-31.2 - TOTAL SYSTEM SERVICES INC | d507963dex312.htm |
10-Q - FORM 10-Q - TOTAL SYSTEM SERVICES INC | d507963d10q.htm |
EXHIBIT 12
TOTAL SYSTEM SERVICES, INC.
Ratio of Earnings to Fixed Charges
Three months ended March 31, |
Years ended December 31, | |||||||||||||||||||||||
(in thousands) | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
Fixed Charges: |
||||||||||||||||||||||||
Interest expense |
$ | 3,636 | 3,250 | 3,235 | 2,888 | 4,147 | 11,345 | |||||||||||||||||
Interest factor in rental expense |
1,230 | 4,917 | 5,563 | 6,208 | 7,684 | 7,548 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total Fixed Charges |
$ | 4,866 | 8,167 | 8,798 | 9,096 | 11,831 | 18,893 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Earnings |
||||||||||||||||||||||||
Income before income taxes |
$ | 73,178 | 354,854 | 316,551 | 307,812 | 340,585 | 376,895 | |||||||||||||||||
Add: Total Fixed Charges |
4,866 | 8,167 | 8,798 | 9,096 | 11,831 | 18,893 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total Earnings |
$ | 78,044 | 363,021 | 325,349 | 316,908 | 352,416 | 395,788 | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Ratio of earnings to fixed charges |
16.0x | 44.4x | 37.0x | 34.8x | 29.8x | 20.9x | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|