Earnings per Share

12 Months Ended

Dec. 31, 2016

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, 2016, 2015 and 2014 are presented below. The sum of earnings per share amounts may not equal the totals due to rounding.

	Years Ended December 31,
	2016			2015		2014
Numerator:
Net income from continuing operations	$	95,506		$	402,672	$	300,006
(Loss) income from discontinued operations	(2,701		)	5,271		33,749
Net income (numerator for diluted EPS)	92,805			407,943		333,755
Less: Preference stock dividend	38			41		44
Income attributable to common stockholders (numerator for basic EPS)	$	92,767		$	407,902	$	333,711
Denominator (in thousands):
Weighted-average shares used in basic EPS	187,945			199,835		201,992
Effect of dilutive shares:
Preferred stock	—			1		1
Preference stock	300			321		344
Stock plans	730			788		1,624
Weighted-average shares used in diluted EPS	188,975			200,945		203,961
Basic earnings per share:
Continuing operations	$	0.51		$	2.01	$	1.49
Discontinued operations	(0.01		)	0.03		0.17
Net income attributable to Pitney Bowes Inc.	$	0.49		$	2.04	$	1.65
Diluted earnings per share:
Continuing operations	$	0.51		$	2.00	$	1.47
Discontinued operations	(0.01		)	0.03		0.17
Net income attributable to Pitney Bowes Inc.	$	0.49		$	2.03	$	1.64
Anti-dilutive options excluded from diluted earnings per share (in thousands):	8,126			8,079		7,322