Revenue (Tables)

9 Months Ended

Sep. 30, 2020

The following tables disaggregate our revenue by source and timing of recognition:


	Three Months Ended September 30, 2020
	Global Ecommerce		Presort Services		SendTech Solutions		Revenue from products and services		Revenue from leasing transactions and financing		Total consolidated revenue
Major products/service lines
Business services	$	409,981	$	127,705	$	13,268	$	550,954	$	—	$	550,954
Support services	—		—		117,519		117,519		—		117,519
Financing	—		—		—		—		86,218		86,218
Equipment sales	—		—		17,935		17,935		61,637		79,572
Supplies	—		—		39,635		39,635		—		39,635
Rentals	—		—		—		—		18,000		18,000
Subtotal	409,981		127,705		188,357		726,043		$	165,855	$	891,898

Revenue from leasing transactions and financing
Financing	—		—		86,218		86,218
Equipment sales	—		—		61,637		61,637
Rentals	—		—		18,000		18,000
Total revenue	$	409,981	$	127,705	$	354,212	$	891,898

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	73,602	$	73,602
Products/services transferred over time	409,981		127,705		114,755		652,441
Total	$	409,981	$	127,705	$	188,357	$	726,043


	Three Months Ended September 30, 2019
	Global Ecommerce		Presort Services		SendTech Solutions		Revenue from products and services		Revenue from leasing transactions and financing		Total consolidated revenue
Major products/service lines
Business services	$	278,995	$	131,483	$	8,623	$	419,101	$	—	$	419,101
Support services	—		—		126,274		126,274		—		126,274
Financing	—		—		—		—		90,577		90,577
Equipment sales	—		—		19,062		19,062		70,556		89,618
Supplies	—		—		44,818		44,818		—		44,818
Rentals	—		—		—		—		19,737		19,737
Subtotal	278,995		131,483		198,777		609,255		$	180,870	$	790,125

Revenue from leasing transactions and financing
Financing	—		—		90,577		90,577
Equipment sales	—		—		70,556		70,556
Rentals	—		—		19,737		19,737
Total revenue	$	278,995	$	131,483	$	379,647	$	790,125

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	81,547	$	81,547
Products/services transferred over time	278,995		131,483		117,230		527,708
Total	$	278,995	$	131,483	$	198,777	$	609,255


	Nine Months Ended September 30, 2020
	Global Ecommerce		Presort Services		SendTech Solutions		Revenue from products and services		Revenue from leasing transactions and financing		Total consolidated revenue
Major products/service lines
Business services	$	1,100,757	$	386,552	$	37,014	$	1,524,323	$	—	$	1,524,323
Support services	—		—		353,320		353,320		—		353,320
Financing	—		—		—		—		260,758		260,758
Equipment sales	—		—		49,556		49,556		164,126		213,682
Supplies	—		—		118,117		118,117		—		118,117
Rentals	—		—		—		—		55,458		55,458
Subtotal	1,100,757		386,552		558,007		2,045,316		$	480,342	$	2,525,658

Revenue from leasing transactions and financing
Financing	—		—		260,758		260,758
Equipment sales	—		—		164,126		164,126
Rentals	—		—		55,458		55,458
Total revenue	$	1,100,757	$	386,552	$	1,038,349	$	2,525,658

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	210,726	$	210,726
Products/services transferred over time	1,100,757		386,552		347,281		1,834,590
Total	$	1,100,757	$	386,552	$	558,007	$	2,045,316


	Nine Months Ended September 30, 2019
	Global Ecommerce		Presort Services		SendTech Solutions		Revenue from products and services		Revenue from leasing transactions and financing		Total consolidated revenue
Major products/service lines
Business services	$	827,568	$	394,468	$	21,573	$	1,243,609	$	—	$	1,243,609
Support services	—		—		382,578		382,578		—		382,578
Financing	—		—		—		—		280,039		280,039
Equipment sales	—		—		59,739		59,739		205,217		264,956
Supplies	—		—		142,261		142,261		—		142,261
Rentals	—		—		—		—		60,339		60,339
Subtotal	827,568		394,468		606,151		1,828,187		$	545,595	$	2,373,782

Revenue from leasing transactions and financing
Financing	—		—		280,039		280,039
Equipment sales	—		—		205,217		205,217
Rentals	—		—		60,339		60,339
Total revenue	$	827,568	$	394,468	$	1,151,746	$	2,373,782

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	251,214	$	251,214
Products/services transferred over time	827,568		394,468		354,937		1,576,973
Total	$	827,568	$	394,468	$	606,151	$	1,828,187

Advance Billings from Contracts with Customers


	Balance sheet location	September 30, 2020		December 31, 2019		Increase/ (decrease)
Advance billings, current	Advance billings	$	94,454	$	92,464	$	1,990
Advance billings, noncurrent	Other noncurrent liabilities	$	1,117	$	1,245	$	(128)

The transaction prices allocated to future performance obligations will be recognized as follows: