XML 53 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Financial Data (unaudited)
 12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Quarterly Financial Data (unaudited)
Quarterly Financial Data (unaudited)
 
First
Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Total
2014
 
 
 
 
 
 
 
 
 
Revenue
$
937,497

 
$
958,450

 
$
941,644

 
$
983,913

 
$
3,821,504

Cost of revenues
409,866

 
423,159

 
421,544

 
426,222

 
1,680,791

Operating expenses
473,129

 
396,814

 
378,563

 
461,011

 
1,709,517

Income from continuing operations before income taxes
54,502

 
138,477

 
141,537

 
96,680

 
431,196

Provision for income taxes
8,036

 
46,335

 
25,310

 
33,134

 
112,815

Income from continuing operations
46,466

 
92,142

 
116,227

 
63,546

 
318,381

Income from discontinued operations
2,801

 
6,717

 
20,655

 
3,576

 
33,749

Net income before attribution of noncontrolling interests
49,267

 
98,859

 
136,882

 
67,122

 
352,130

Less: Preferred stock dividends of subsidiaries attributable to noncontrolling interests
4,594

 
4,594

 
4,593

 
4,594

 
18,375

Net income - Pitney Bowes Inc.
$
44,673

 
$
94,265

 
$
132,289

 
$
62,528

 
$
333,755

 
 
 
 
 
 
 
 
 
 
Amounts attributable to common stockholders:
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
41,872

 
$
87,548

 
$
111,634

 
$
58,952

 
$
300,006

Income from discontinued operations
2,801

 
6,717

 
20,655

 
3,576

 
33,749

Net income - Pitney Bowes Inc.
$
44,673

 
$
94,265

 
$
132,289

 
$
62,528

 
$
333,755

Basic earnings per share attributable to common stockholders (1):
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.21

 
$
0.43

 
$
0.55

 
$
0.29

 
$
1.49

Discontinued operations
0.01

 
0.03

 
0.10

 
0.02

 
0.17

Net income - Pitney Bowes Inc.
$
0.22

 
$
0.47

 
$
0.65

 
$
0.31

 
$
1.65

Diluted earnings per share attributable to common stockholders (1):
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.21

 
$
0.43

 
$
0.55

 
$
0.29

 
$
1.47

Discontinued operations
0.01

 
0.03

 
0.10

 
0.02

 
0.17

Net income - Pitney Bowes Inc.
$
0.22

 
$
0.46

 
$
0.65

 
$
0.31

 
$
1.64

(1)
The sum of the earnings per share amounts may not equal the totals due to rounding.

 
First
Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Total
2013
 
 
 
 
 
 
 
 
 
Revenue
$
909,363

 
$
950,662

 
$
920,489

 
$
1,010,821

 
$
3,791,335

Cost of revenues
392,481

 
411,499

 
394,861

 
451,781

 
1,650,622

Operating expenses
435,017

 
430,330

 
438,028

 
453,384

 
1,756,759

Income from continuing operations before income taxes
81,865

 
108,833

 
87,600

 
105,656

 
383,954

Provision for income taxes
17,795

 
24,218

 
10,032

 
25,922

 
77,967

Income from continuing operations
64,070

 
84,615

 
77,568

 
79,734

 
305,987

Income (loss) from discontinued operations
8,030

 
(89,254
)
 
(78,501
)
 
14,948

 
(144,777
)
Net income (loss) before attribution of noncontrolling interests
72,100

 
(4,639
)
 
(933
)
 
94,682

 
161,210

Less: Preferred stock dividends of subsidiaries attributable to noncontrolling interests
4,594

 
4,594

 
4,594

 
4,593

 
18,375

Net income (loss) - Pitney Bowes Inc.
$
67,506

 
$
(9,233
)
 
$
(5,527
)
 
$
90,089

 
$
142,835

 
 
 
 
 
 
 
 
 
 
Amounts attributable to common stockholders:
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
59,476

 
$
80,021

 
$
72,974

 
$
75,141

 
$
287,612

Income (loss) from discontinued operations
8,030

 
(89,254
)
 
(78,501
)
 
14,948

 
(144,777
)
Net income (loss) - Pitney Bowes Inc.
$
67,506

 
$
(9,233
)
 
$
(5,527
)
 
$
90,089

 
$
142,835

Basic earnings per share attributable to common stockholders (1):
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.30

 
$
0.40

 
$
0.36

 
$
0.37

 
$
1.43

Discontinued operations
0.04

 
(0.44
)
 
(0.39
)
 
0.07

 
(0.72
)
Net income (loss) - Pitney Bowes Inc.
$
0.34

 
$
(0.05
)
 
$
(0.03
)
 
$
0.45

 
$
0.71

Diluted earnings per share attributable to common stockholders (1):
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.29

 
$
0.39

 
$
0.36

 
$
0.37

 
$
1.42

Discontinued operations
0.04

 
(0.44
)
 
(0.39
)
 
0.07

 
(0.71
)
Net income (loss) - Pitney Bowes Inc.
$
0.33

 
$
(0.05
)
 
$
(0.03
)
 
$
0.44

 
$
0.70


(1)
The sum of the earnings per share amounts may not equal the totals due to rounding.