XML 38 R27.htm IDEA: XBRL DOCUMENT v3.19.1
Segment Information (Tables)
 3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated Statements
Revenue and EBIT by business segment is presented below:
 
Revenue
 
Three Months Ended March 31,
 
2019
 
2018
Global Ecommerce
$
266,254

 
$
246,590

Presort Services
134,847

 
134,458

Commerce Services
401,101

 
381,048

North America Mailing
315,474

 
340,811

International Mailing
78,509

 
98,430

SMB Solutions
393,983

 
439,241

Software Solutions
73,318

 
76,294

Total revenue
$
868,402

 
$
896,583


 
EBIT
 
Three Months Ended March 31,
 
2019
 
2018
Global Ecommerce
$
(14,600
)
 
$
(7,711
)
Presort Services
15,066

 
27,026

Commerce Services
466

 
19,315

North America Mailing
110,613

 
128,568

International Mailing
11,790

 
16,022

SMB Solutions
122,403

 
144,590

Software Solutions
1,692

 
2,492

Total segment EBIT
124,561

 
166,397

Reconciling items:
 

 
 

Interest, net
(38,966
)
 
(43,078
)
Unallocated corporate expenses
(55,689
)
 
(51,082
)
Restructuring charges
(3,598
)
 
(904
)
Other expense
(17,710
)
 
—

Transaction costs
(1,726
)
 
(1,055
)
Income from continuing operations before income taxes
6,872

 
70,278

Provision for income taxes
8,301

 
18,795

(Loss) income from discontinued operations, net of tax
(1,230
)
 
8,487

Net (loss) income
$
(2,659
)
 
$
59,970
Reconciliation of EBIT from Segments to Consolidated
 
EBIT
 
Three Months Ended March 31,
 
2019
 
2018
Global Ecommerce
$
(14,600
)
 
$
(7,711
)
Presort Services
15,066

 
27,026

Commerce Services
466

 
19,315

North America Mailing
110,613

 
128,568

International Mailing
11,790

 
16,022

SMB Solutions
122,403

 
144,590

Software Solutions
1,692

 
2,492

Total segment EBIT
124,561

 
166,397

Reconciling items:
 

 
 

Interest, net
(38,966
)
 
(43,078
)
Unallocated corporate expenses
(55,689
)
 
(51,082
)
Restructuring charges
(3,598
)
 
(904
)
Other expense
(17,710
)
 
—

Transaction costs
(1,726
)
 
(1,055
)
Income from continuing operations before income taxes
6,872

 
70,278

Provision for income taxes
8,301

 
18,795

(Loss) income from discontinued operations, net of tax
(1,230
)
 
8,487

Net (loss) income
$
(2,659
)
 
$
59,970