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Earnings per Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
The calculations of basic and diluted earnings per share are presented below.
 
Three Months Ended March 31,
 
2017
 
2016
Numerator:
 

 
 

Amounts attributable to common stockholders:
 

 
 

Net income attributable to Pitney Bowes Inc. (numerator for diluted EPS)
$
65,133

 
$
58,046

Less: Preference stock dividend
9

 
10

Income attributable to common stockholders (numerator for basic EPS)
$
65,124

 
$
58,036

Denominator:
 

 
 

Weighted-average shares used in basic EPS
185,982

 
192,241

Effect of dilutive shares:
 

 
 

Conversion of Preferred stock and Preference stock
293

 
304

Employee stock plans
600

 
636

Weighted-average shares used in diluted EPS
186,875

 
193,181

 
 
 
 
Basic earnings per share
$
0.35

 
$
0.30

 
 
 
 
Diluted earnings per share
$
0.35

 
$
0.30

 
 
 
 
Anti-dilutive shares not used in calculating diluted weighted-average shares
11,176

 
8,870