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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue:        
Equipment sales $ 224,235 $ 242,921 $ 444,414 $ 484,552
Supplies 70,522 78,587 146,887 161,457
Software 104,551 105,516 208,901 205,081
Rentals 145,497 156,162 285,886 312,854
Financing 122,948 136,369 249,696 276,958
Support services 171,254 176,807 344,772 355,421
Business services 406,811 418,112 820,918 841,220
Total revenue 1,245,818 1,314,474 2,501,474 2,637,543
Cost and expenses:        
Cost of equipment sales 106,718 104,385 203,634 219,138
Cost of supplies 20,863 25,562 44,734 51,754
Cost of software 24,404 24,898 45,497 50,110
Cost of rentals 31,850 36,109 62,075 72,016
Financing interest expense 20,642 22,192 41,781 45,485
Cost of support services 112,122 115,417 227,209 230,693
Cost of business services 313,553 325,250 632,529 658,817
Selling, general and administrative 391,606 432,715 802,791 859,326
Research and development 33,776 37,441 67,849 72,199
Restructuring charges and asset impairments 1,074 4,994 1,074 31,018
Other interest expense 30,353 28,550 59,720 57,074
Interest income (2,003) (2,215) (3,736) (3,437)
Other income, net 4,372 0 1,138 0
Total costs and expenses 1,089,330 1,155,298 2,186,295 2,344,193
Income from continuing operations before income taxes 156,488 159,176 315,179 293,350
Provision for income taxes 52,271 53,012 67,030 94,406
Income from continuing operations 104,217 106,164 248,149 198,944
Net income before attribution of noncontrolling interests 104,217 105,529 267,481 196,427
Less: Preferred stock dividends of subsidiaries attributable to noncontrolling interests 4,594 4,594 9,188 9,188
Net income - Pitney Bowes Inc. 99,623 100,935 258,293 187,239
Amounts attributable to common stockholders:        
Income from continuing operations 99,623 101,570 238,961 189,756
Income (loss) from discontinued operations 0 (635) 19,332 (2,517)
Net income - Pitney Bowes Inc. $ 99,623 $ 100,935 $ 258,293 $ 187,239
Continuing operations $ 0.50 $ 0.50 $ 1.19 $ 0.93
Discontinued operations $ 0.00 $ 0.00 $ 0.10 $ (0.01)
Net income - Pitney Bowes Inc. $ 0.50 $ 0.50 $ 1.29 $ 0.92
Diluted earnings per share attributable to common stockholders:        
Continuing operations $ 0.50 $ 0.50 $ 1.19 $ 0.93
Discontinued operations $ 0.00 $ 0.00 $ 0.10 $ (0.01)
Net income - Pitney Bowes Inc. $ 0.50 $ 0.49 $ 1.29 $ 0.92