| Pitney Bowes Inc. | ||||||||||||
| Revenue and EBIT | ||||||||||||
| Business Segments | ||||||||||||
|
(Unaudited; in thousands) |
||||||||||||
| Three Months Ended September 30, | ||||||||||||
| % | ||||||||||||
| 2015 | 2014 | Change | ||||||||||
|
Revenue |
||||||||||||
| North America Mailing | $ | 353,159 | $ | 363,285 | (3 | %) | ||||||
| International Mailing | 104,615 | 132,291 | (21 | %) | ||||||||
| Small & Medium Business Solutions | 457,774 | 495,576 | (8 | %) | ||||||||
| Production Mail | 101,646 | 113,497 | (10 | %) | ||||||||
| Presort Services | 115,912 | 111,434 | 4 | % | ||||||||
| Enterprise Business Solutions | 217,558 | 224,931 | (3 | %) | ||||||||
| Software Solutions | 97,638 | 112,006 | (13 | %) | ||||||||
| Global Ecommerce | 96,571 | 71,870 | 34 | % | ||||||||
| Digital Commerce Solutions | 194,209 | 183,876 | 6 | % | ||||||||
| Other | - | 37,261 | (100 | %) | ||||||||
| Total revenue | $ | 869,541 | $ | 941,644 | (8 | %) | ||||||
|
EBIT (1) |
||||||||||||
| North America Mailing | $ | 159,319 | $ | 159,638 | (0 | %) | ||||||
| International Mailing | 10,739 | 16,079 | (33 | %) | ||||||||
| Small & Medium Business Solutions | 170,058 | 175,717 | (3 | %) | ||||||||
| Production Mail | 12,401 | 9,570 | 30 | % | ||||||||
| Presort Services | 25,908 | 21,927 | 18 | % | ||||||||
| Enterprise Business Solutions | 38,309 | 31,497 | 22 | % | ||||||||
| Software Solutions | 14,613 | 18,921 | (23 | %) | ||||||||
| Global Ecommerce | (1,240 | ) | (676 | ) | (83 | %) | ||||||
| Digital Commerce Solutions | 13,373 | 18,245 | (27 | %) | ||||||||
| Other | - | 7,980 | (100 | %) | ||||||||
| Total EBIT | 221,740 | 233,439 | (5 | %) | ||||||||
| Unallocated amounts: | ||||||||||||
| Interest, net (2) | (37,698 | ) | (41,825 | ) | ||||||||
| Corporate and other expenses | (49,235 | ) | (61,470 | ) | ||||||||
| Restructuring charges and asset impairments, net | (36 | ) | (4,526 | ) | ||||||||
| Other income, net | 1,781 | 15,919 | ||||||||||
| Income from continuing operations before income taxes | $ | 136,552 | $ | 141,537 | ||||||||
| (1) | Segment EBIT excludes interest, taxes, general corporate expenses, restructuring charges and other items, which are not allocated to a particular business segment. | |
| (2) | Includes financing interest expense and interest expense, net. | |
