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Segment Information (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated Statements
Revenue and EBIT by business segment is presented below:
 
Revenue
 
Three Months Ended March 31,
 
2018
 
2017
Global Ecommerce
$
246,590

 
$
88,152

Presort Services
134,458

 
132,677

Commerce Services
381,048

 
220,829

North America Mailing
325,430

 
355,578

International Mailing
97,897

 
93,058

Small & Medium Business Solutions
423,327

 
448,636

Software Solutions
81,616

 
78,220

Production Mail
97,191

 
88,955

Total revenue
$
983,182

 
$
836,640


 
EBIT
 
Three Months Ended March 31,
 
2018
 
2017
Global Ecommerce
$
(7,711
)
 
$
(4,270
)
Presort Services
27,026

 
30,717

Commerce Services
19,315

 
26,447

North America Mailing
119,471

 
141,008

International Mailing
15,892

 
13,269

Small & Medium Business Solutions
135,363

 
154,277

Software Solutions
4,849

 
2,749

Production Mail
9,619

 
8,964

Total segment EBIT
169,146

 
192,437

Reconciling items:
 
 
 
Interest, net
(43,078
)
 
(38,650
)
Unallocated corporate expenses
(49,361
)
 
(55,156
)
Restructuring charges, net
(1,021
)
 
(2,082
)
Transaction costs
(2,594
)
 

Income before income taxes
73,092

 
96,549

Provision for income taxes
19,579

 
31,416

Net income
$
53,513

 
$
65,133


Reconciliation of EBIT from Segments to Consolidated
 
EBIT
 
Three Months Ended March 31,
 
2018
 
2017
Global Ecommerce
$
(7,711
)
 
$
(4,270
)
Presort Services
27,026

 
30,717

Commerce Services
19,315

 
26,447

North America Mailing
119,471

 
141,008

International Mailing
15,892

 
13,269

Small & Medium Business Solutions
135,363

 
154,277

Software Solutions
4,849

 
2,749

Production Mail
9,619

 
8,964

Total segment EBIT
169,146

 
192,437

Reconciling items:
 
 
 
Interest, net
(43,078
)
 
(38,650
)
Unallocated corporate expenses
(49,361
)
 
(55,156
)
Restructuring charges, net
(1,021
)
 
(2,082
)
Transaction costs
(2,594
)
 

Income before income taxes
73,092

 
96,549

Provision for income taxes
19,579

 
31,416

Net income
$
53,513

 
$
65,133