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November 30, 2011. The Company’s contributions to
these plans charged to expense for the years ended
December 31 are as follows:
(in thousands) 2013 2012 2011
TSYS Stock Purchase
Plan .................. $1,236 1,140 1,177
POSTRETIREMENT MEDICAL BENEFITS
PLAN: TSYS provides certain medical benefits to
qualified retirees through a postretirement medical
benefits plan, which is immaterial to the Company’s
consolidated financial statements. The measurement
of the benefit expense and accrual of benefit costs
associated with the plan do not reflect the effects of
the 2003 Medicare Act. Additionally, the benefit
expense and accrued benefit cost associated with the
plan, as well as any potential impact of the effects of
the 2003 Medicare Act, are not significant to the
Company’s consolidated financial statements.
NOTE 17 Equity
DIVIDENDS: Dividends on common stock of $56.5 million were paid in 2013, compared to $94.0 million and
$53.9 million in 2012 and 2011, respectively. The decrease in dividends paid in 2013 compared to 2012 is due to
the acceleration of payment of the fourth quarter 2012 dividend. The fourth quarter 2012 dividend payment was
paid in December, rather than January, to allow shareholders to benefit from the lower dividend tax rate that was
set to expire on December 31, 2012.
EQUITY COMPENSATION PLANS: The following table summarizes TSYS’ equity compensation plans by
category as of December 31, 2013:
(in thousands, except per share data)
Plan Category
(a)
Number of securities to
be issued upon exercise of
outstanding options,
warrants and rights
(b)
Weighted-average
exercise price of
outstanding
options, warrants
and rights
(c)
Number of securities remaining
available for future issuance
under equity compensation plans
(excluding securities reflected in
column (a))
Equity compensation plans
approved by security
holders .................... 5,752 $20.96 11,5441
Equity compensation plans not
approved by security
holders .................... —— —
Total ........................ 5,752 $20.96 11,544
1 Includes 11,543,910 shares available for future grants under the Total System Services, Inc. 2007 Omnibus Plan and 2012
Omnibus Plan, which could be in the form of options, nonvested awards and performance shares.
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