Earnings per Share

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The calculations of basic and diluted earnings per share for the years ended December 31, 2014, 2013 and 2012 are presented below. The sum of earnings per share amounts may not equal the totals due to rounding.

	Years Ended December 31,
	2014		2013			2012
Numerator:
Amounts attributable to common stockholders:
Net income from continuing operations	$	300,006	$	287,612		$	379,107
Income (loss) from discontinued operations	33,749		(144,777		)	66,056
Net income (numerator for diluted EPS)	333,755		142,835			445,163
Less: Preference stock dividend	44		46			51
Income attributable to common stockholders (numerator for basic EPS)	$	333,711	$	142,789		$	445,112
Denominator (in thousands):
Weighted-average shares used in basic EPS	201,992		201,614			200,389
Effect of dilutive shares:
Preferred stock	1		2			2
Preference stock	344		381			398
Stock plans	1,624		960			577
Weighted-average shares used in diluted EPS	203,961		202,957			201,366
Basic earnings per share:
Continuing operations	$	1.49	$	1.43		$	1.89
Discontinued operations	0.17		(0.72		)	0.33
Net income attributable to Pitney Bowes Inc.	$	1.65	$	0.71		$	2.22
Diluted earnings per share:
Continuing operations	$	1.47	$	1.42		$	1.88
Discontinued operations	0.17		(0.71		)	0.33
Net income attributable to Pitney Bowes Inc.	$	1.64	$	0.70		$	2.21
Anti-dilutive options excluded from diluted earnings per share (in thousands):	7,322		12,448			13,801