XML 55 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share
The calculations of basic and diluted earnings per share for the years ended December 31, 2017, 2016 and 2015 are presented below. The sum of earnings per share amounts may not equal the totals due to rounding.
 
Years Ended December 31,
 
2017
 
2016
 
2015
Numerator:
 

 
 

 
 

Net income from continuing operations
$
261,340

 
$
95,506

 
$
402,672

(Loss) income from discontinued operations
—

 
(2,701
)
 
5,271

Net income (numerator for diluted EPS)
261,340

 
92,805

 
407,943

Less: Preference stock dividend
36

 
38

 
41

Income attributable to common stockholders (numerator for basic EPS)
$
261,304

 
$
92,767

 
$
407,902

Denominator (in thousands):
 

 
 

 
 

Weighted-average shares used in basic EPS
186,332

 
187,945

 
199,835

Effect of dilutive shares
1,103

 
1,030

 
1,110

Weighted-average shares used in diluted EPS
187,435

 
188,975

 
200,945

Basic earnings per share:
 

 
 

 
 

Continuing operations
$
1.40

 
$
0.51

 
$
2.01

Discontinued operations
—

 
(0.01
)
 
0.03

Net income attributable to Pitney Bowes Inc.
$
1.40

 
$
0.49

 
$
2.04

Diluted earnings per share:
 

 
 

 
 

Continuing operations
$
1.39

 
$
0.51

 
$
2.00

Discontinued operations
—

 
(0.01
)
 
0.03

Net income attributable to Pitney Bowes Inc.
$
1.39

 
$
0.49

 
$
2.03

 
 
 
 
 
 
Anti-dilutive options excluded from diluted earnings per share (in thousands):
10,267

 
8,126

 
8,079