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Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Reconciliation of Revenue From Segments to Consolidated Statements The following tables provide information about our reportable segments and reconciliation of segment EBIT to net income.
 
Revenues
 
Years Ended December 31,
 
2019
 
2018
 
2017
Global Ecommerce
$
1,151,510

 
$
1,022,862

 
$
552,242

Presort Services
529,588

 
515,795

 
497,901

Commerce Services
1,681,098

 
1,538,657

 
1,050,143

SendTech Solutions
1,524,027

 
1,672,865

 
1,733,864

Total revenue
$
3,205,125

 
$
3,211,522

 
$
2,784,007

 
 
 
 
 
 
Geographic data:
 
 
 
 
 
United States
$
2,745,928

 
$
2,679,300

 
$
2,262,249

Outside United States
459,197

 
532,222

 
521,758

Total revenue
$
3,205,125

 
$
3,211,522

 
$
2,784,007



Reconciliation of EBIT From Segments to Consolidated Statements
 
EBIT
 
Years Ended December 31,
 
2019
 
2018
 
2017
Global Ecommerce
$
(70,146
)
 
$
(32,379
)
 
$
(17,899
)
Presort Services
70,693

 
73,768

 
97,506

Commerce Services
547

 
41,389

 
79,607

SendTech Solutions
490,322

 
558,959

 
553,266

Total segment EBIT
490,869

 
600,348

 
632,873

Reconciling items:
 

 
 
 
 

Interest, net
(155,558
)
 
(159,757
)
 
(164,162
)
Unallocated corporate expenses
(211,529
)
 
(185,919
)
 
(219,924
)
Restructuring charges and asset impairments, net
(69,606
)
 
(25,899
)
 
(44,849
)
Pension settlement

 
(31,329
)
 

Loss on Market Exits
(17,683
)
 

 

Transaction costs
(2,728
)
 
(1,359
)
 
(6,384
)
Loss on extinguishment of debt
(6,623
)
 
(7,964
)
 
(3,856
)
Benefit (provision) for income taxes
13,007

 
(6,416
)
 
(13,659
)
Income from continuing operations
40,149

 
181,705

 
180,039

Income from discontinued operations, net of tax
154,460

 
60,106

 
63,489

Net income
$
194,609

 
$
241,811

 
$
243,528


Reconciliation of Depreciation and Amortization from Segments to Consolidated
 
Depreciation and amortization
 
Years Ended December 31,
 
2019
 
2018
 
2017
Global Ecommerce
$
68,385

 
$
61,046

 
$
36,786

Presort Services
29,440

 
26,838

 
26,541

Commerce Services
97,825

 
87,884

 
63,327

SendTech Solutions
39,758

 
39,104

 
39,359

Total for reportable segments
137,583

 
126,988

 
102,686

Corporate
21,559

 
21,476

 
24,104

Total depreciation and amortization
$
159,142

 
$
148,464

 
$
126,790


Reconciliation of Other Significant Reconciling Items from Segments to Consolidated
 
Capital expenditures
 
Years Ended December 31,
 
2019
 
2018
 
2017
Global Ecommerce
$
53,374

 
$
46,073

 
$
26,810

Presort Services
27,394

 
42,531

 
20,860

Commerce Services
80,768

 
88,604

 
47,670

SendTech Solutions
32,276

 
24,648

 
40,445

Total for reportable segments
113,044

 
113,252

 
88,115

Corporate
24,209

 
24,558

 
30,132

Total capital expenditures
$
137,253

 
$
137,810

 
$
118,247


Reconciliation of Assets from Segment to Consolidated
 
Assets
 
December 31,
 
2019
 
2018
 
2017
Global Ecommerce
$
1,102,313

 
$
1,023,732

 
$
1,016,045

Presort Services
524,817

 
431,512

 
387,701

Commerce Services
1,627,130

 
1,455,244

 
1,403,746

SendTech Solutions
2,152,734

 
2,325,797

 
2,454,094

Total for reportable segments
3,779,864

 
3,781,041

 
3,857,840

Cash and cash equivalents
924,442

 
867,262

 
1,009,021

Short-term investments
115,879

 
59,391

 
48,988

Assets of discontinued operations
17,229

 
602,823

 
923,012

Other corporate assets
629,486

 
627,902

 
795,745

Consolidated assets
$
5,466,900

 
$
5,938,419

 
$
6,634,606


Long-Lived Assets in Individual Foreign Countries by Country
Identifiable long-lived assets:
 
 
 
 
 
United States
$
399,234

 
$
424,706

 
$
389,944

Outside United States
18,168

 
20,023

 
26,696

Total
$
417,402

 
$
444,729

 
$
416,640