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Earnings per Share
12 Months Ended
Dec. 31, 2013
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 amounts below have been revised from the amounts previously filed to reflect the results of PBMS, the Nordic furniture business and IMS as discontinued operations (see Note 19). The sum of earnings per share amounts may not equal the totals due to rounding.
 
Years Ended December 31,
 
2013
 
2012
 
2011
Numerator:
 

 
 

 
 

Amounts attributable to common stockholders:
 

 
 

 
 

Income from continuing operations
$
301,733

 
$
395,684

 
$
437,593

(Loss) income from discontinued operations
(158,898
)
 
49,479

 
179,887

Net income (numerator for diluted EPS)
142,835

 
445,163

 
617,480

Less: Preference stock dividend
(46
)
 
(51
)
 
(58
)
Income attributable to common stockholders (numerator for basic EPS)
$
142,789

 
$
445,112

 
$
617,422

Denominator (in thousands):
 

 
 

 
 

Weighted-average shares used in basic EPS
201,614

 
200,389

 
201,976

Effect of dilutive shares:
 

 
 

 
 

Preferred stock
2

 
2

 
2

Preference stock
381

 
398

 
445

Stock plans
960

 
577

 
343

Weighted-average shares used in diluted EPS
202,957

 
201,366

 
202,766

Basic earnings per share:
 

 
 

 
 

Continuing operations
$
1.50

 
$
1.97

 
$
2.17

Discontinued operations
(0.79
)
 
0.25

 
0.89

Net income - Pitney Bowes Inc.
$
0.71

 
$
2.22

 
$
3.06

Diluted earnings per share:
 

 
 

 
 

Continuing operations
$
1.49

 
$
1.96

 
$
2.16

Discontinued operations
(0.78
)
 
0.25

 
0.89

Net income - Pitney Bowes Inc.
$
0.70

 
$
2.21

 
$
3.05

 
 
 
 
 
 
Anti-dilutive options excluded from diluted earnings per share (in thousands):
12,448

 
13,801

 
14,016