Pitney Bowes Announces Second Quarter 2013 Results

                   
Pitney Bowes Inc.
Reconciliation of Reported Consolidated Results to Adjusted Results
(Unaudited)
 
(Dollars in thousands, except per share data)
 
Three Months Ended June 30, Six Months Ended June 30,
  2013     2012     2013     2012  
 
GAAP income from continuing operations
after income taxes, as reported $ 10,834 $ 103,435 $ 82,029 $ 243,447
Restructuring charges and asset impairments 13,493 (912 ) 13,493 (912 )
Goodwill impairment 81,638 - 81,638 -
Sale of leveraged lease assets - - - (12,886 )
Extinguishment of debt   -     -     15,325     -  
Income from continuing operations
after income taxes, as adjusted $ 105,965   $ 102,523   $ 192,485   $ 229,649  
 
 
GAAP diluted earnings per share from
continuing operations, as reported $ 0.05 $ 0.51 $ 0.41 $ 1.21
Restructuring charges and asset impairments 0.07 (0.00 ) 0.07 (0.00 )
Goodwill impairment 0.40 - 0.40 -
Sale of leveraged lease - - - (0.06 )
Extinguishment of debt   -     -     0.08     -  
Diluted earnings per share from continuing
operations, as adjusted $ 0.52   $ 0.51   $ 0.95   $ 1.14  
 
 
GAAP net cash provided by operating activities,
as reported $ 146,875 $ 268,452 $ 279,035 $ 339,832
Capital expenditures (34,602 ) (38,722 ) (73,441 ) (88,751 )
Restructuring payments 10,980 21,630 27,255 47,875
Pension contribution - - - 95,000
Tax payments on sale of leveraged lease assets - 15,671 - 84,904
Reserve account deposits 1,138 28,008 (26,189 ) 2,334
Extinguishment of debt   -     -     25,121     -  
 
Free cash flow, as adjusted $ 124,391   $ 295,039   $ 231,781   $ 481,194  

 

Note: The sum of the earnings per share amounts may not equal the totals above due to rounding.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16  Next Page »



Review Article Be the first to review this article

Harris

Featured Video
Jobs
GIS Software Developer for UDC at Englewood, CO
GIS Analyst for G2 Partners LLC at San Ramon, CA
Vice President, Transportation Services for Associated General Contractors of New York State at Albany, NY
Senior Mechanical Engineer for Albert Kahn and Associates at Detroit, MI
Structural Engineer for Albert Kahn and Associates at Detroit, MI
Upcoming Events
GIS-PRO 2017 at Jacksonville FL - Oct 23 - 26, 2017
GEO WEEK 2017 at Washington DC - Oct 23 - 27, 2017
Commercial UAV EXPO Americas at The Westgate Resort Las Vegas NV - Oct 24 - 26, 2017
6th International Colloquium on Scientific and Fundamental Aspects of GNSS / Galileo at Technical University of Valencia Valencia Spain - Oct 25 - 27, 2017
Teledyne Optech
Teledyne:
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise