TSYS reported results for the 2015 fourth quarter and full year.

“We were especially pleased with our operational performance and 12.9% revenue growth in the fourth quarter. Our full year financial results for 2015 were outstanding and they marked the third year in a row of double digit growth in revenues, adjusted operating income and adjusted earnings per share,” said M. Troy Woods, chairman, president and chief executive officer of TSYS.

“We repurchased 3.0 million shares of our stock in the fourth quarter for $158.6 million, bringing the total for the year to 5.2 million shares for $242.1 million. Including our dividends of $73.7 million, we returned $315.8 million to our shareholders, which was in excess of 92% of available free cash flow for the year and an increase of 31.5% over 2014,” said Woods

Highlights for the full year of 2015 include:

-Adjusted EPS from continuing operations were $2.46, an increase of 25.5%. On a GAAP basis, basic EPS from continuing operations were $1.97, an increase of 33.3%.

-Excluding the impact from discrete tax items of approximately $0.13 per share full year, adjusted EPS was $2.33, an increase of 19.0%.

-Income from continuing operations attributable to TSYS’ shareholders was $362.6 million, an increase of 31.8%.

-Adjusted EBITDA was $833.9 million, an increase of 17.1%.

-Total revenues were $2.8 billion, an increase of 13.6%. Revenues before reimbursable items were $2.5 billion, an increase of 14.0%.

-Adjusted operating margin was 26.7%. GAAP operating margin was 19.2%.

Highlights for the fourth quarter of 2015 include:

-Adjusted EPS from continuing operations were $0.57, a decrease of 1.6%. On a GAAP basis, basic EPS from continuing operations were $0.44, a decrease of 1.2%.

-Income from continuing operations attributable to TSYS’ shareholders was $81.4 million, a decrease of 2.1%.

-Adjusted EBITDA was $195.0 million, an increase of 0.7%.

-Total revenues for the quarter were $716.8 million, an increase of 12.9%. Revenues before reimbursable items were $645.1 million, an increase of 13.3%.

-Adjusted operating margin was 23.4%. GAAP operating margin was 16.4%.

“Our guidance for 2016 includes revenue growth in all four of our segments as we continue to expect broad based performance gains in our business,” said Woods.