Pitney Bowes 2014 Annual Report Download - page 59

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share amounts)
49
EBIT
Years Ended December 31,
2014 2013 2012
North America Mailing $ 642,521 $ 640,830 $ 646,979
International Mailing 88,710 71,516 75,844
Small & Medium Business Solutions 731,231 712,346 722,823
Production Mail 47,543 55,000 48,981
Presort Services 98,230 83,259 106,170
Enterprise Business Solutions 145,773 138,259 155,151
Digital Commerce Solutions 83,725 54,777 53,242
Total EBIT 960,729 905,382 931,216
Reconciling items:
Interest, net (169,450)(186,987) (184,675)
Unallocated corporate expenses (229,785)(217,458) (216,457)
Restructuring charges and asset impairments, net (84,560)(84,344) (17,176)
Other expense, net (45,738)(32,639) (1,138)
Income from continuing operations before income taxes $ 431,196 $ 383,954 $ 511,770
Depreciation and amortization
Years Ended December 31,
2014 2013 2012
North America Mailing $ 68,291 $ 81,238 $ 104,957
International Mailing 30,629 29,515 26,804
Small & Medium Business Solutions 98,920 110,753 131,761
Production Mail 7,740 15,740 12,227
Presort Services 28,462 29,999 26,753
Enterprise Business Solutions 36,202 45,739 38,980
Digital Commerce Solutions 33,654 24,361 30,167
Total for reportable segments 168,776 180,853 200,908
Reconciliation to consolidated amount:
Unallocated amount 29,312 14,052 16,785
Discontinued operations — 16,338 37,863
Consolidated depreciation and amortization $ 198,088 $ 211,243 $ 255,556