Pitney Bowes Announces Second Quarter 2018 Financial Results

         
Pitney Bowes Inc.
Consolidated Balance Sheets
(Unaudited; in thousands, except share amounts)
 

Assets

June 30,

2018

December 31,

2017

Current assets:
Cash and cash equivalents $ 689,870 $ 1,009,021
Short-term investments 55,699 48,988
Accounts receivable, net 408,703 427,022
Short-term finance receivables, net 812,055 828,003
Inventories 49,051 40,769
Current income taxes 39,100 58,439
Other current assets and prepayments 102,104 74,589
Assets of discontinued operations   313,356     334,848  
Total current assets 2,469,938 2,821,679
 
Property, plant and equipment, net 398,909 373,503
Rental property and equipment, net 180,585 183,956
Long-term finance receivables, net 597,302 652,087
Goodwill 1,767,848 1,774,645
Intangible assets, net 249,125 272,186
Noncurrent income taxes 54,099 59,909
Other assets   528,945     540,750  
Total assets $ 6,246,751   $ 6,678,715  
 

Liabilities and stockholders' equity

Current liabilities:
Accounts payable and accrued liabilities $ 1,349,344 $ 1,450,149
Current income taxes 5,686 8,823
Current portion of long-term debt 334,999 271,057
Advance billings 237,709 257,766
Liabilities of discontinued operations   84,219     72,808  
Total current liabilities 2,011,957 2,060,603
 
Deferred taxes on income 234,190 234,643
Tax uncertainties and other income tax liabilities 105,803 116,551
Long-term debt 3,237,810 3,559,278
Other noncurrent liabilities   461,074     519,079  
Total liabilities   6,050,834     6,490,154  
 
Stockholders' equity:
Cumulative preferred stock, $50 par value, 4% convertible 1 1
Cumulative preference stock, no par value, $2.12 convertible 415 441
Common stock, $1 par value 323,338 323,338
Additional paid-in-capital 122,732 138,367
Retained earnings 5,248,991 5,229,584
Accumulated other comprehensive loss (810,251 ) (792,173 )
Treasury stock, at cost   (4,689,309 )   (4,710,997 )
Total stockholders' equity   195,917     188,561  
Total liabilities and stockholders' equity $ 6,246,751   $ 6,678,715  
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »



Review Article Be the first to review this article

Featured Video
Editorial
Latest Blog Posts
Sanjay GangalMCADCafe Lens
by Sanjay Gangal
NVIDIA GTC October 2020 Keynote
Jobs
Detailing/ PM Manager for Commercial Metals Company at Dallas, Texas
Design Engineer - Tilt Up and Bracing for Commercial Metals Company at Dallas, Texas
Advanced Autonomous Vehicle Designer - AV/XD for Ford Motor Company at Palo Alto, California
Director, Industrial Machinery Solutions- SISW PLM for Siemens AG at Livonia, Michigan
Coop Engineer I for Graco manufactures at Dexter, Michigan
Service Software Expert-CATIA & CAA for Dassault Systemes at Shanghai, China
Upcoming Events
Simulation World at United States - Apr 20 - 21, 2021
PLM Road Map & PDT Spring 2021 at 3909 Research Park Drive Ann Arbor MI - May 19 - 20, 2021
RAPID + TCT at McCormick Place Chicago IL - Sep 13 - 15, 2021
WESTEC Online at Online CA - Sep 21 - 23, 2021
Kenesto: 30 day trial



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise