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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Equipment sales $ 152,641 $ 165,507 $ 312,002 $ 331,471
Supplies 65,274 70,636 137,325 144,004
Software 90,615 99,184 168,673 185,541
Rentals 102,869 111,312 206,959 225,309
Financing 91,609 101,437 189,032 207,067
Support services 131,418 139,237 259,678 278,795
Business services 201,460 193,578 406,806 399,385
Total revenue 835,886 880,891 1,680,475 1,771,572
Costs and expenses:        
Cost of equipment sales 78,055 79,043 149,594 154,056
Cost of supplies 19,624 21,624 40,314 44,283
Cost of software 26,983 28,501 53,798 58,365
Cost of rentals 18,415 21,003 38,910 41,704
Financing interest expense 13,495 17,868 28,410 36,638
Cost of support services 74,742 81,507 149,991 165,106
Cost of business services 140,830 135,636 276,368 275,555
Selling, general and administrative 288,580 315,578 615,462 630,107
Research and development 34,513 28,492 61,081 54,540
Restructuring charges and asset impairments, net 26,076 14,350 33,009 14,269
Interest expense, net 20,799 20,971 40,100 45,035
Other expense (income), net 536 (93,135) 536 (93,135)
Total costs and expenses 742,648 671,438 1,487,573 1,426,523
Income from continuing operations before income taxes 93,238 209,453 192,902 345,049
Provision for income taxes 33,394 52,351 70,418 102,898
Income from continuing operations 59,844 157,102 122,484 242,151
Net income 58,184 156,363 120,824 241,569
Less: Preferred stock dividends attributable to noncontrolling interests 4,594 4,593 9,188 9,187
Net income attributable to Pitney Bowes Inc. 53,590 151,770 111,636 232,382
Amounts attributable to common stockholders:        
Net income from continuing operations 55,250 152,509 113,296 232,964
Loss from discontinued operations, net of tax (1,660) (739) (1,660) (582)
Net income attributable to Pitney Bowes Inc. $ 53,590 $ 151,770 $ 111,636 $ 232,382
Basic earnings per share attributable to common stockholders:        
Continuing operations (in dollars per share) $ 0.29 $ 0.76 $ 0.60 $ 1.16
Discontinued operations (in dollars per share) (0.01) 0.00 (0.01) 0.00
Net income attributable to Pitney Bowes Inc. (in dollars per share) 0.29 0.75 0.59 1.15
Diluted earnings per share attributable to common stockholders:        
Continuing operations (in dollars per share) 0.29 0.75 0.59 1.15
Discontinued operations (in dollars per share) (0.01) 0.00 (0.01) 0.00
Net income attributable to Pitney Bowes Inc. (in dollars per share) 0.28 0.75 0.59 1.15
Dividends declared per share of common stock (in dollars per share) $ 0.1875 $ 0.1875 $ 0.375 $ 0.375000