Basic earnings per share ("EPS") was computed by dividing net income attributable to Global Payments by the weighted-average number of shares outstanding during the period. Earnings available to common shareholders is the same as reported net income attributable to Global Payments for all periods presented.

Diluted EPS is computed by dividing net income attributable to Global Payments by the weighted-average number of shares outstanding during the period, including the effect of share-based awards, convertible notes or other potential securities that would have a dilutive effect on EPS. All stock options with an exercise price lower than the average market share price of our common stock for the period are assumed to have a dilutive effect on EPS. The dilutive share base for the three and six months ended June 30, 2025 excluded approximately 0.9 million shares related to stock options that would have an antidilutive effect on the computation of diluted EPS. The dilutive share base for the three and six months ended June 30, 2024 excluded approximately 0.7 million shares related to stock options that would have an antidilutive effect on the computation of diluted EPS.

The effect of the potential shares needed to settle the conversion spread on our convertible notes is included in diluted EPS if the effect is dilutive. The effect depends on the market share price of our common stock at the time of conversion and would be dilutive if the average market share price of our common stock for the period exceeds the conversion price. For the three and six months ended June 30, 2025, the convertible notes were not included in the computation of diluted EPS as the effect would have been anti-dilutive. Further, the effect of the related capped call transactions is not included in the computation of diluted EPS as it is always anti-dilutive.


	Three Months Ended				Six Months Ended
	June 30, 2025		June 30, 2024		June 30, 2025		June 30, 2024

	(in thousands, except per share data)

Income from continuing operations attributable to Global Payments	$	208,785	$	301,321	$	445,866	$	542,147
Income from discontinued operations attributable to Global Payments	32,855		73,439		101,508		145,920
Net income attributable to Global Payments	$	241,640	$	374,760	$	547,374	$	688,067

Basic weighted-average number of shares outstanding	243,443		254,748		245,087		255,837
Plus: Dilutive effect of stock options and other share-based awards	134		418		272		540
Diluted weighted-average number of shares outstanding	243,577		255,166		245,359		256,377

Basic earnings per share attributable to Global Payments:
Continuing operations	$	0.86	$	1.18	$	1.82	$	2.12
Discontinued operations	0.13		0.29		0.41		0.57
Total basic earnings per share attributable to Global Payments	$	0.99	$	1.47	$	2.23	$	2.69

Diluted earnings per share attributable to Global Payments:
Continuing operations	$	0.86	$	1.18	$	1.82	$	2.11
Discontinued operations	0.13		0.29		0.41		0.57
Total diluted earnings per share attributable to Global Payments	$	0.99	$	1.47	$	2.23	$	2.68