Pitney Bowes 2013 Annual Report Download - page 85

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share amounts)
74
EBIT
Years Ended December 31,
2013 2012 2011
North America Mailing $ 675,389 $ 688,665 $ 727,999
International Mailing 71,502 76,139 93,243
Small & Medium Business Solutions 746,891 764,804 821,242
Production Mail 55,000 48,981 52,817
Presort Services 83,259 106,170 100,718
Enterprise Business Solutions 138,259 155,151 153,535
Digital Commerce Solutions 42,837 37,513 46,419
Total EBIT 927,987 957,468 1,021,196
Reconciling items:
Interest, net (1) (190,364)(188,386) (197,266)
Corporate and other expenses (217,463)(216,456) (233,732)
Restructuring charges and asset impairments (84,344)(17,176) (118,630)
Other (expense) income (32,639)(1,138) 19,918
Income from continuing operations before income taxes $ 403,177 $ 534,312 $ 491,486
(1) Includes financing interest expense, other interest expense and interest income.
Years Ended December 31,
2013 2012 2011
Depreciation and amortization:
North America Mailing $ 81,238 $ 104,957 $ 123,252
International Mailing 29,515 26,804 29,961
Small & Medium Business Solutions 110,753 131,761 153,213
Production Mail 15,740 12,227 10,682
Presort Services 29,999 26,753 25,389
Enterprise Business Solutions 45,739 38,980 36,071
Digital Commerce Solutions 24,361 30,167 39,540
Total for reportable segments 180,853 200,908 228,824
Reconciliation to consolidated amount:
Discontinued operations 16,338 37,863 28,662
Unallocated amount 14,052 16,785 14,656
Consolidated depreciation and amortization $ 211,243 $ 255,556 $ 272,142