XML 25 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share
The calculations of basic and diluted earnings per share are presented below:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 

 
 

 
 

 
 

Amounts attributable to common stockholders:
 

 
 

 
 

 
 

Net income from continuing operations
$
87,548

 
$
80,021

 
$
129,420

 
$
139,497

Income (loss) from discontinued operations
6,717

 
(89,254
)
 
9,518

 
(81,224
)
Net income (loss) - Pitney Bowes Inc. (numerator for diluted EPS)
94,265

 
(9,233
)
 
138,938

 
58,273

Less: Preference stock dividend
(11
)
 
(13
)
 
(22
)
 
(23
)
Income (loss) attributable to common stockholders (numerator for basic EPS)
$
94,254

 
$
(9,246
)
 
$
138,916

 
$
58,250

Denominator (in thousands):
 

 
 

 
 

 
 

Weighted-average shares used in basic EPS
202,662

 
201,567

 
202,480

 
201,342

Effect of dilutive shares:
 

 
 

 
 

 
 

Preferred stock
1

 
2

 
1

 
2

Preference stock
344

 
387

 
348

 
390

Stock plans
1,463

 
847

 
1,272

 
646

Weighted-average shares used in diluted EPS
204,470

 
202,803

 
204,101

 
202,380

Basic earnings per share:
 

 
 

 
 

 
 

Continuing operations
$
0.43

 
$
0.40

 
$
0.64

 
$
0.69

Discontinued operations
0.03

 
(0.44
)
 
0.05

 
(0.40
)
Net income (loss)
$
0.47

 
$
(0.05
)
 
$
0.69

 
$
0.29

Diluted earnings per share:
 

 
 

 
 

 
 

Continuing operations
$
0.43

 
$
0.39

 
$
0.63

 
$
0.69

Discontinued operations
0.03

 
(0.44
)
 
0.05

 
(0.40
)
Net income (loss)
$
0.46

 
$
(0.05
)
 
$
0.68

 
$
0.29

 
 
 
 
 
 
 
 
Anti-dilutive shares not used in calculating diluted weighted-average shares (in thousands):
6,062

 
12,673

 
7,943

 
12,881