Earnings per Share

12 Months Ended

Dec. 31, 2011

Notes To Condensed Consolidated Financial Statements [Abstract]

Earnings per Share

20. Earnings per Share

The calculation of basic and diluted earnings per share for the years ended December 31, 2011, 2010 and 2009 is presented below. Note that the sum of earnings per share amounts may not equal the total due to rounding.

	2011		2010		2009
Numerator:
Amounts attributable to common stockholders:
Income from continuing operations	$	351,321	$	310,483	$	431,554
Gain (loss) from discontinued operations		266,159		(18,104)		(8,109)
Net income - Pitney Bowes Inc. (numerator for diluted EPS)		617,480		292,379		423,445
Less: Preference stock dividend		58		65		72
Income attributable to common stockholders (numerator for basic EPS)	$	617,422	$	292,314	$	423,373
Denominator (in thousands):
Weighted-average shares used in basic EPS		201,976		205,968		206,734
Effect of dilutive shares:
Preferred stock		2		2		3
Preference stock		445		501		568
Stock plans		343		282		17
Weighted-average shares used in diluted EPS		202,766		206,753		207,322
Basic earnings per share:
Continuing operations	$	1.74	$	1.51	$	2.09
Discontinued operations		1.32		(0.09)		(0.04)
Net income - Pitney Bowes Inc.	$	3.06	$	1.42	$	2.05
Diluted earnings per share:
Continuing operations	$	1.73	$	1.50	$	2.08
Discontinued operations		1.31		(0.09)		(0.04)
Net income - Pitney Bowes Inc.	$	3.05	$	1.41	$	2.04
Anti-dilutive shares (in thousands):
Anti-dilutive shares not used in calculating diluted weighted-average shares		14,016		15,168		18,319