EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2020

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 was 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 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, 2020 excluded approximately

124,888 shares, related to stock options that would have an antidilutive effect on the computation of diluted earnings per share. There were no such shares for the three and six months ended June 30, 2019.

The following table sets forth the computation of diluted weighted-average number of shares outstanding for the three and six months ended June 30, 2020 and 2019:



	Three Months Ended		Six Months Ended
	June 30, 2020	June 30, 2019	June 30, 2020	June 30, 2019

	(in thousands)

Basic weighted-average number of shares outstanding	299,140	156,768	299,264	157,141
Plus: Dilutive effect of stock options and other share-based awards	1,106	494	1,277	497
Diluted weighted-average number of shares outstanding	300,246	157,262	300,541	157,638