Earnings per Share

12 Months Ended

Dec. 31, 2018

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, 2018, 2017 and 2016 are presented below. The sum of earnings per share amounts may not equal the totals due to rounding.

	Years Ended December 31,
	2018		2017		2016
Numerator:
Net income from continuing operations	$	199,978	$	221,362	$	75,769
Income from discontinued operations	23,687		39,978		17,036
Net income (numerator for diluted EPS)	223,665		261,340		92,805
Less: Preference stock dividend	32		36		38
Income attributable to common stockholders (numerator for basic EPS)	$	223,633	$	261,304	$	92,767
Denominator:
Weighted-average shares used in basic EPS	187,277		186,332		187,945
Dilutive effect of common stock equivalents	1,105		1,103		1,030
Weighted-average shares used in diluted EPS	188,382		187,435		188,975
Basic earnings per share:
Continuing operations	$	1.07	$	1.19	$	0.40
Discontinued operations	0.13		0.21		0.09
Net income attributable to Pitney Bowes Inc.	$	1.19	$	1.40	$	0.49
Diluted earnings per share:
Continuing operations	$	1.06	$	1.18	$	0.40
Discontinued operations	0.13		0.21		0.09
Net income attributable to Pitney Bowes Inc.	$	1.19	$	1.39	$	0.49
Anti-dilutive options excluded from diluted earnings per share:	12,089		10,267		8,126