| Pitney Bowes Inc. | |||||||||||||
| Reconciliation of Reported Consolidated Results to Adjusted Results | |||||||||||||
| (Unaudited) | |||||||||||||
| (Dollars in thousands, except per share data) | |||||||||||||
| Three Months Ended December 31, | Twelve Months Ended December 31, | ||||||||||||
| 2014 | 2013 | 2014 | 2013 | ||||||||||
| GAAP income from continuing operations | |||||||||||||
| after income taxes, as reported | $ | 58,952 | $ | 75,141 | $ | 300,006 | $ | 287,612 | |||||
| Restructuring charges & asset impairments | 44,188 | 23,363 | 59,349 | 59,024 | |||||||||
| Extinguishment of debt | - | 4,586 | 37,833 | 19,911 | |||||||||
| Investment divestiture | - | - | (9,774 | ) | - | ||||||||
| Income from continuing operations | |||||||||||||
| after income taxes, as adjusted | 103,140 | 103,090 | 387,414 | 366,547 | |||||||||
| Provision for income taxes, as adjusted | 50,840 | 35,895 | 155,705 | 116,015 | |||||||||
| Preferred stock dividends of subsidiaries | |||||||||||||
| attributable to noncontrolling interests | 4,594 | 4,593 | 18,375 | 18,375 | |||||||||
| Income from continuing operations before income taxes, as adjusted | 158,574 | 143,578 | 561,494 | 500,937 | |||||||||
| Interest, net | 42,013 | 44,462 | 169,450 | 186,987 | |||||||||
| Adjusted EBIT | 200,587 | 188,040 | 730,944 | 687,924 | |||||||||
| Depreciation and amortization | 54,728 | 41,027 | 197,234 | 194,905 | |||||||||
| Adjusted EBITDA | $ | 255,315 | $ | 229,067 | $ | 928,178 | $ | 882,829 | |||||
Pitney Bowes Announces Full Year 2014 and Fourth Quarter Financial Results
 |  | More GIS News
|
|
RELATED NEWS
