GURUFOCUS.COM » STOCK LIST » Technology » Software » Total System Services Inc (NYSE:TSS) » Definitions » Net Income

Total System Services (Total System Services) Net Income : $617 Mil (TTM As of Jun. 2019)


View and export this data going back to 1989. Start your Free Trial

What is Total System Services Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Total System Services's Net Income for the three months ended in Jun. 2019 was $163 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2019 was $617 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Total System Services's Earnings per Share (Diluted) for the three months ended in Jun. 2019 was $0.91.


Total System Services Net Income Historical Data

The historical data trend for Total System Services's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Total System Services Net Income Chart

Total System Services Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 322.87 364.04 319.64 586.19 576.66

Total System Services Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.44 155.96 136.42 161.61 162.76

Total System Services Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Total System Services's Net Income for the fiscal year that ended in Dec. 2018 is calculated as

Net Income(A: Dec. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=659.764+-127.003+0+43.895
=577

Total System Services's Net Income for the quarter that ended in Jun. 2019 is calculated as

Net Income(Q: Jun. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=181.671+-31.128+0+12.217
=163

Net Income for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $617 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Total System Services  (NYSE:TSS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Total System Services's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2019 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Total System Services Net Income Related Terms

Thank you for viewing the detailed overview of Total System Services's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Total System Services (Total System Services) Business Description

Traded in Other Exchanges
N/A
Address
One TSYS Way, Columbus, GA, USA, 31901-4222
Total System Services Inc based in Columbus, Georgia, provides payment-processing services in the U.S. and abroad. In 2013 TSYS provided processing services for 28% of domestic consumer credit card accounts and 59% of domestic commercial credit card accounts. The company has operating segments in North America Services, International Services, and Merchant Services, plus the newer NetSpend segment, which deals in prepaid debit and payroll cards and arrived via a 2013 acquisition.
Executives
Kriss Iii Cloninger director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Driver Walter W Jr director ONE TSYS WAY, COLUMBUS GA 31901
Joia M Johnson director C/O HANESBRANDS INC., 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
F. Thaddeus Arroyo director 208 S. AKARD, DALLAS TX 75202
Sidney E Harris director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
John Thompson Turner director ONE TSYS WAY, COLUMBUS GA 31901
M Troy Woods director, officer: Chairman and CEO ONE TSYS WAY, COLUMBUS GA 31901
Paul M Todd officer: Sr. EVP and CFO ONE TSYS WAY, B-4, COLUMBUS GA 31901
Patricia A Watson officer: Senior EVP and CIO TOTAL SYSTEM SERVICES, INC., ONE TSYS WAY, COLUMBUS GA 31901
Richard A Smith director 175 PARK AVENUE, MADISON NJ 07940
Griffith G Sanders Iii officer: Sr. EVP, Gen. Counsel, Sec. ONE TSYS WAY, COLUMBUS GA 31901
Mason H Lampton director ONE TSYS WAY, C-1, COLUMBUS GA 31901
Philip W Tomlinson director ONE TSYS WAY, COLUMBUS GA 31901
William M Isaac director C/O ASSOCIATES FIRST CAPITAL CORP, 250 E CARPENTER FREEWAY, IRVING TX 75062