Pitney Bowes 2012 Annual Report Download - page 86

Download and view the complete annual report

Please find page 86 of the 2012 Pitney Bowes annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 116

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116

PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share amounts)
68
Financial information for our reportable segments for the years ended December 31, 2012, 2011 and 2010 was as follows:
Years Ended December 31,
2012 2011 2010
Revenue:
North America Mailing $ 1,818,952 $ 1,961,198 $ 2,100,677
International Mailing 675,637 707,416 674,759
Small & Medium Business Solutions 2,494,589 2,668,614 2,775,436
Production Mail 512,109 544,483 561,447
Software 393,380 407,402 374,750
Management Services 920,958 948,891 999,288
Mail Services 445,093 411,634 407,897
Marketing Services 137,886 141,572 141,538
Enterprise Business Solutions 2,409,426 2,453,982 2,484,920
Total revenue $ 4,904,015 $ 5,122,596 $ 5,260,356
Years Ended December 31,
2012 2011 2010
EBIT:
North America Mailing $ 688,665 $ 727,999 $ 755,153
International Mailing 78,979 98,601 78,950
Small & Medium Business Solutions 767,644 826,600 834,103
Production Mail 25,644 32,562 60,896
Software 37,958 38,182 40,046
Management Services 55,198 76,321 92,671
Mail Services 101,005 103,026 84,714
Marketing Services 28,061 26,184 26,133
Enterprise Business Solutions 247,866 276,275 304,460
Total EBIT 1,015,510 1,102,875 1,138,563
Reconciling items:
Interest, net (1) (188,386)(197,266) (201,324)
Corporate and other expenses (199,394)(198,020) (199,089)
Restructuring charges and asset impairments (23,117)(136,548) (181,961)
Goodwill impairment (84,500)—
Income from continuing operations before income taxes $ 604,613 $ 486,541 $ 556,189
(1) Includes financing interest expense, other interest expense and interest income.