Segment Information

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

Our business is organized around three distinct sets of solutions -- Small and Medium Business (SMB) Solutions, Enterprise Business Solutions and Digital Commerce Solutions (DCS). The principal products and services of each of our reportable segments are as follows:

Small & Medium Business Solutions:

North America Mailing: Includes the revenue and related expenses from the sale, rental, financing and servicing of mailing equipment and supplies for small and medium businesses to efficiently create mail and evidence postage in the U.S. and Canada.

International Mailing: Includes the revenue and related expenses from the sale, rental, financing and servicing of mailing equipment and supplies for small and medium businesses to efficiently create mail and evidence postage in areas outside the U.S. and Canada.

Enterprise Business Solutions:

Production Mail: Includes the worldwide revenue and related expenses from the sale of production mail inserting and sortation equipment, high-speed production print systems, supplies and related support services to large enterprise clients to process inbound and outbound mail.

Presort Services: Includes revenue and related expenses from presort mail services for our large enterprise clients to qualify large mail volumes for postal worksharing discounts.

Digital Commerce Solutions:

Digital Commerce Solutions: Includes the worldwide revenue and related expenses from (i) the sale of non-equipment-based mailing, customer information engagement, location intelligence and customer engagement solutions and related support services; (ii) shipping and global ecommerce solutions; and (iii) direct marketing services for targeted clients.

We determine segment earnings before interest and taxes (EBIT) by deducting the related costs and expenses attributable to the segment from segment revenue. Segment EBIT excludes interest, taxes, general corporate expenses, restructuring charges and other items, which are not allocated to a particular business segment. Management uses segment EBIT to measure profitability and performance at the segment level. Management believes segment EBIT provides a useful measure of our operating performance and underlying trends of the businesses. Segment EBIT may not be indicative of our overall consolidated performance and therefore, should be read in conjunction with our consolidated results of operations.

Revenue and EBIT by business segment is presented below:

	Revenue
	Three Months Ended March 31,
	2015		2014
North America Mailing	$	361,874	$	381,027
International Mailing	116,173		153,268
Small & Medium Business Solutions	478,047		534,295
Production Mail	99,503		105,216
Presort Services	121,531		116,491
Enterprise Business Solutions	221,034		221,707
Digital Commerce Solutions	191,600		181,495
Total revenue	$	890,681	$	937,497

	EBIT
	Three Months Ended March 31,
	2015			2014
North America Mailing	$	163,665		$	160,338
International Mailing	11,724			24,819
Small & Medium Business Solutions	175,389			185,157
Production Mail	9,032			7,737
Presort Services	27,494			23,896
Enterprise Business Solutions	36,526			31,633
Digital Commerce Solutions	15,895			9,531
Total EBIT	227,810			226,321
Reconciling items:
Interest, net	(42,834		)	(43,717		)
Unallocated corporate expenses	(49,461		)	(56,604		)
Restructuring charges, net	81			(9,841		)
Other expense	—			(61,657		)
Income from continuing operations before income taxes	$	135,596		$	54,502