XML 54 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Share
 3 Months Ended
Mar. 31, 2013
Notes To Condensed Consolidated Financial Statements [Abstract]  
Earnings per Share
Earnings per Share
The calculations of basic and diluted earnings per share for the three months ended March 31, 2013 and 2012 are presented below.
 
Three Months Ended March 31,
 
2013
 
2012
Numerator:
 

 
 

Amounts attributable to common stockholders:
 

 
 

Net income from continuing operations
$
69,568

 
$
140,942

(Loss) income from discontinued operations
(2,062
)
 
17,728

Net income - Pitney Bowes Inc. (numerator for diluted EPS)
67,506

 
158,670

Less: Preference stock dividend
(13
)
 
(13
)
Income attributable to common stockholders (numerator for basic EPS)
$
67,493

 
$
158,657

Denominator (in thousands):
 

 
 

Weighted-average shares used in basic EPS
201,148

 
199,960

Effect of dilutive shares:
 

 
 

Preferred stock
2

 
2

Preference stock
396

 
398

Stock plans
664

 
312

Weighted-average shares used in diluted EPS
202,210

 
200,672

Basic earnings per share:
 

 
 

Continuing operations
$
0.35

 
$
0.70

Discontinued operations
(0.01
)
 
0.09

Net income
$
0.34

 
$
0.79

Diluted earnings per share:
 

 
 

Continuing operations
$
0.34

 
$
0.70

Discontinued operations
(0.01
)
 
0.09

Net income
$
0.33

 
$
0.79

 
 
 
 
Anti-dilutive shares not used in calculating diluted weighted-average shares (in thousands):
13,868

 
13,811