Pitney Bowes 2014 Annual Report Download - page 97

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share amounts)
87
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter Total
2013
Revenue $ 909,363 $ 950,662 $ 920,489 $ 1,010,821 $ 3,791,335
Cost of revenues 392,481 411,499 394,861 451,781 1,650,622
Operating expenses 435,017 430,330 438,028 453,384 1,756,759
Income from continuing operations before income taxes 81,865 108,833 87,600 105,656 383,954
Provision for income taxes 17,795 24,218 10,032 25,922 77,967
Income from continuing operations 64,070 84,615 77,568 79,734 305,987
Income (loss) from discontinued operations 8,030 (89,254) (78,501) 14,948 (144,777)
Net income (loss) before attribution of noncontrolling interests 72,100 (4,639) (933) 94,682 161,210
Less: Preferred stock dividends of subsidiaries attributable to
noncontrolling interests 4,594 4,594 4,594 4,593 18,375
Net income (loss) - Pitney Bowes Inc. $ 67,506 $ (9,233) $ (5,527) $ 90,089 $ 142,835
Amounts attributable to common stockholders:
Income from continuing operations $ 59,476 $ 80,021 $ 72,974 $ 75,141 $ 287,612
Income (loss) from discontinued operations 8,030 (89,254) (78,501) 14,948 (144,777)
Net income (loss) - Pitney Bowes Inc. $ 67,506 $ (9,233) $ (5,527) $ 90,089 $ 142,835
Basic earnings per share attributable to common stockholders (1):
Continuing operations $ 0.30 $ 0.40 $ 0.36 $ 0.37 $ 1.43
Discontinued operations 0.04 (0.44) (0.39) 0.07 (0.72)
Net income (loss) - Pitney Bowes Inc. $ 0.34 $ (0.05) $ (0.03) $ 0.45 $ 0.71
Diluted earnings per share attributable to common stockholders (1):
Continuing operations $ 0.29 $ 0.39 $ 0.36 $ 0.37 $ 1.42
Discontinued operations 0.04 (0.44) (0.39) 0.07 (0.71)
Net income (loss) - Pitney Bowes Inc. $ 0.33 $ (0.05) $ (0.03) $ 0.44 $ 0.70
(1) The sum of the earnings per share amounts may not equal the totals due to rounding.