Revenue (Tables)

6 Months Ended

Jun. 30, 2019

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



	Three Months Ended June 30, 2019
	Global Ecommerce		Presort Services			North America Mailing		International Mailing		Software Solutions		Revenue from products and services		Revenue from leasing transactions and financing		Total consolidated revenue
Major products/service lines
Equipment sales	$	—	$	—		$	7,882	$	11,502	$	—	$	19,384	$	66,167	$	85,551
Supplies	—		—			32,461		14,029		—		46,490		—		46,490
Software	—		—			—		—		72,206		72,206		—		72,206
Rentals	—		—			—		—		—		—		18,445		18,445
Financing	—		—			—		—		—		—		92,419		92,419
Support services	—		(22		)	108,851		18,854		—		127,683		—		127,683
Business services	282,319		128,160			6,517		989		—		417,985		—		417,985
Subtotal	282,319		128,138			155,711		45,374		72,206		683,748		$	177,031	$	860,779

Revenue from leasing transactions and financing
Equipment sales	—		—			54,191		11,976		—		66,167
Rentals	—		—			13,540		4,905		—		18,445
Financing	—		—			79,975		12,444		—		92,419
Total revenue	$	282,319	$	128,138		$	303,417	$	74,699	$	72,206	$	860,779

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—		$	40,343	$	25,531	$	20,470	$	86,344
Products/services transferred over time	282,319		128,138			115,368		19,843		51,736		597,404
Total	$	282,319	$	128,138		$	155,711	$	45,374	$	72,206	$	683,748



	Three Months Ended June 30, 2018
	Global Ecommerce		Presort Services		North America Mailing		International Mailing		Software Solutions		Revenue from products and services		Revenue from leasing transactions and financing		Total consolidated revenue
Major products/service lines
Equipment sales	$	—	$	—	$	10,566	$	11,278	$	—	$	21,844	$	71,967	$	93,811
Supplies	—		—		36,271		19,186		—		55,457		—		55,457
Software	—		—		—		—		91,703		91,703		—		91,703
Rentals	—		—		—		—		—		—		19,454		19,454
Financing	—		—		—		—		—		—		97,129		97,129
Support services	—		—		113,977		24,621		—		138,598		—		138,598
Business services	239,100		122,730		5,664		1,594		—		369,088		—		369,088
Subtotal	239,100		122,730		166,478		56,679		91,703		676,690		$	188,550	$	865,240

Revenue from leasing transactions and financing
Equipment sales	—		—		55,957		16,010		—		71,967
Rentals	—		—		14,339		5,115		—		19,454
Financing	—		—		82,127		15,002		—		97,129
Total revenue	$	239,100	$	122,730	$	318,901	$	92,806	$	91,703	$	865,240

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	46,837	$	30,464	$	40,020	$	117,321
Products/services transferred over time	239,100		122,730		119,641		26,215		51,683		559,369
Total	$	239,100	$	122,730	$	166,478	$	56,679	$	91,703	$	676,690



	Six Months Ended June 30, 2019
	Global Ecommerce		Presort Services		North America Mailing		International Mailing		Software Solutions		Revenue from products and services		Revenue from leasing transactions and financing		Total consolidated revenue
Major products/service lines
Equipment sales	$	—	$	—	$	17,097	$	23,580	$	—	$	40,677	$	134,661	$	175,338
Supplies	—		—		67,563		29,880		—		97,443		—		97,443
Software	—		—		—		—		145,524		145,524		—		145,524
Rentals	—		—		—		—		—		—		40,602		40,602
Financing	—		—		—		—		—		—		189,462		189,462
Support services	—		—		216,562		39,742		—		256,304		—		256,304
Business services	548,573		262,985		11,035		1,915		—		824,508		—		824,508
Subtotal	548,573		262,985		312,257		95,117		145,524		1,364,456		$	364,725	$	1,729,181

Revenue from leasing transactions and financing
Equipment sales	—		—		112,086		22,575		—		134,661
Rentals	—		—		30,819		9,783		—		40,602
Financing	—		—		163,729		25,733		—		189,462
Total revenue	$	548,573	$	262,985	$	618,891	$	153,208	$	145,524	$	1,729,181

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	84,660	$	53,460	$	41,442	$	179,562
Products/services transferred over time	548,573		262,985		227,597		41,657		104,082		1,184,894
Total	$	548,573	$	262,985	$	312,257	$	95,117	$	145,524	$	1,364,456



	Six Months Ended June 30, 2018
	Global Ecommerce		Presort Services		North America Mailing		International Mailing		Software Solutions		Revenue from products and services		Revenue from leasing transactions and financing		Total consolidated revenue
Major products/service lines
Equipment sales	$	—	$	—	$	20,981	$	23,074	$	—	$	44,055	$	156,464	$	200,519
Supplies	—		—		75,223		40,227		—		115,450		—		115,450
Software	—		—		—		—		167,997		167,997		—		167,997
Rentals	—		—		—		—		—		—		44,419		44,419
Financing	—		—		—		—		—		—		197,478		197,478
Support services	—		—		227,690		51,558		—		279,248		—		279,248
Business services	485,690		257,188		10,553		3,281		—		756,712		—		756,712
Subtotal	485,690		257,188		334,447		118,140		167,997		1,363,462		$	398,361	$	1,761,823

Revenue from leasing transactions and financing
Equipment sales	—		—		124,429		32,035		—		156,464
Rentals	—		—		33,851		10,568		—		44,419
Financing	—		—		166,985		30,493		—		197,478
Total revenue	$	485,690	$	257,188	$	659,712	$	191,236	$	167,997	$	1,761,823

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	96,204	$	63,301	$	65,021	$	224,526
Products/services transferred over time	485,690		257,188		238,243		54,839		102,976		1,138,936
Total	$	485,690	$	257,188	$	334,447	$	118,140	$	167,997	$	1,363,462

Contract Assets and Advance Billings from Contracts with Customers



	Balance sheet location	June 30, 2019		December 31, 2018		Increase (Decrease)
Contracts assets, current	Other current assets and prepayments	$	17,050	$	16,115	$	935
Contracts assets, noncurrent	Other assets	$	10,050	$	13,092	$	(3,042	)
Advance billings, current	Advance billings	$	200,224	$	215,790	$	(15,566	)
Advance billings, noncurrent	Other noncurrent liabilities	$	12,832	$	12,778	$	54

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

⁽¹⁾Revenue streams bundled with our leasing contracts, primarily maintenance, meter services and other subscription services.

⁽²⁾Multiple-year software maintenance contracts, certain software and data licenses and data updates.