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Condensed Consolidated Statements of Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue:        
Equipment sales $ 191,518 $ 225,224 $ 380,574 $ 421,991
Supplies 76,284 71,275 155,801 144,493
Software 109,065 100,482 200,620 187,494
Rentals 122,443 129,404 246,022 258,518
Financing 107,644 112,820 217,694 226,707
Support services 158,190 160,303 316,442 322,892
Business services 193,306 151,154 378,794 297,930
Total revenue 958,450 950,662 1,895,947 1,860,025
Costs and expenses:        
Cost of equipment sales 88,818 112,079 171,352 206,622
Cost of supplies 23,505 22,246 47,659 45,092
Cost of software 33,484 25,604 63,648 50,395
Cost of rentals 25,193 25,114 50,637 51,512
Financing interest expense 20,413 18,951 40,066 37,970
Cost of support services 96,722 99,337 195,703 201,866
Cost of business services 135,024 108,168 263,960 210,523
Selling, general and administrative 338,384 353,923 689,759 705,577
Research and development 28,649 27,331 54,841 56,582
Restructuring charges 8,299 19,031 18,140 19,031
Interest expense, net 21,482 30,045 45,546 59,036
Other expense 0 0 61,657 25,121
Total costs and expenses 819,973 841,829 1,702,968 1,669,327
Income from continuing operations before income taxes 138,477 108,833 192,979 190,698
Provision for income taxes 46,335 24,218 54,371 42,013
Income from continuing operations 92,142 84,615 138,608 148,685
Net income (loss) 98,859 (4,639) 148,126 67,461
Less: Preferred stock dividends attributable to noncontrolling interests 4,594 4,594 9,188 9,188
Net income (loss) attributable to Pitney Bowes Inc. 94,265 (9,233) 138,938 58,273
Amounts attributable to common stockholders:        
Net income from continuing operations 87,548 80,021 129,420 139,497
Income (loss) from discontinued operations, net of tax 6,717 (89,254) 9,518 (81,224)
Net income (loss) attributable to Pitney Bowes Inc. $ 94,265 $ (9,233) $ 138,938 $ 58,273
Basic earnings per share attributable to common stockholders:        
Continuing operations $ 0.43 $ 0.40 $ 0.64 $ 0.69
Discontinued operations $ 0.03 $ (0.44) $ 0.05 $ (0.40)
Net income (loss) attributable to Pitney Bowes Inc. $ 0.47 $ (0.05) $ 0.69 $ 0.29
Diluted earnings per share attributable to common stockholders:        
Continuing operations $ 0.43 $ 0.39 $ 0.63 $ 0.69
Discontinued operations $ 0.03 $ (0.44) $ 0.05 $ (0.40)
Net income (loss) attributable to Pitney Bowes Inc. $ 0.46 $ (0.05) $ 0.68 $ 0.29
Dividends declared per share of common stock $ 0.1875 $ 0.1875 $ 0.375 $ 0.5625