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Earnings per Share
12 Months Ended
Dec. 31, 2012
Notes To Condensed Consolidated Financial Statements [Abstract]  
Earnings per Share
Earnings per Share
The calculations of basic and diluted earnings per share are presented below. The sum of earnings per share amounts may not equal the totals due to rounding.
 
Years Ended December 31,
 
2012
 
2011
 
2010
Numerator:
 

 
 

 
 

Amounts attributable to common stockholders:
 

 
 

 
 

Income from continuing operations
$
435,932

 
$
400,556

 
$
324,267

Income (loss) from discontinued operations
9,231

 
216,924

 
(31,888
)
Net income (numerator for diluted EPS)
445,163

 
617,480

 
292,379

Less: Preference stock dividend
(51
)
 
(58
)
 
(65
)
Income attributable to common stockholders (numerator for basic EPS)
$
445,112

 
$
617,422

 
$
292,314

Denominator (in thousands):
 

 
 

 
 

Weighted-average shares used in basic EPS
200,389

 
201,976

 
205,968

Effect of dilutive shares:
 

 
 

 
 

Preferred stock
2

 
2

 
2

Preference stock
398

 
445

 
501

Stock plans
577

 
343

 
282

Weighted-average shares used in diluted EPS
201,366

 
202,766

 
206,753

Basic earnings per share:
 

 
 

 
 

Continuing operations
$
2.18

 
$
1.98

 
$
1.57

Discontinued operations
0.05

 
1.07

 
(0.15
)
Net income - Pitney Bowes Inc.
$
2.22

 
$
3.06

 
$
1.42

Diluted earnings per share:
 

 
 

 
 

Continuing operations
$
2.16

 
$
1.98

 
$
1.57

Discontinued operations
0.05

 
1.07

 
(0.15
)
Net income - Pitney Bowes Inc.
$
2.21

 
$
3.05

 
$
1.41

 
 
 
 
 
 
Anti-dilutive options excluded from diluted earnings per share (in thousands):
13,801

 
14,016

 
15,168