Pitney Bowes Announces First Quarter 2019 Financial Results

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

Assets

March 31,

2019

December 31,

2018

Current assets:

Cash and cash equivalents

 

$ 838,905 $ 867,262

Short-term investments

 

65,405 59,391

Accounts receivable, net

 

412,661 456,138

Short-term finance receivables, net

 

684,436 758,511

Inventories

 

68,876 62,279

Current income taxes

 

21,897 5,947

Other current assets and prepayments

 

134,929 100,625

Assets of discontinued operations

 

  -     4,854  
Total current assets 2,227,109 2,315,007
 
Property, plant and equipment, net 412,727 410,114
Rental property and equipment, net 41,862 46,228
Long-term finance receivables, net 545,360 536,369
Goodwill 1,754,259 1,766,511
Intangible assets, net 223,005 227,137
Operating lease assets 152,139 156,788
Noncurrent income taxes 61,700 66,326
Other assets   388,104     419,677  
Total assets $ 5,806,265   $ 5,944,157  
 

Liabilities and stockholders' equity

Current liabilities:

Accounts payable and accrued liabilities

 

$ 1,313,440 $ 1,390,362

Current operating lease liabilities

 

35,219 37,208

Current income taxes

 

5,697 15,284

Current portion of long-term debt

 

207,231 199,535

Advance billings

 

213,171 235,116

Liabilities of discontinued operations

 

  -     3,276  
Total current liabilities 1,774,758 1,880,781
 
Deferred taxes on income 257,639 254,353
Tax uncertainties and other income tax liabilities 51,950 39,548
Noncurrent operating lease liabilities 124,873 127,237
Long-term debt 3,047,661 3,066,073
Other noncurrent liabilities   463,028     474,323  
Total liabilities   5,719,909     5,842,315  
 
Stockholders' equity:

Cumulative preferred stock, $50 par value, 4% convertible

 

1 1

Cumulative preference stock, no par value, $2.12 convertible

 

388 396

Common stock, $1 par value

 

323,338 323,338

Additional paid-in-capital

 

109,166 121,475

Retained earnings

 

5,267,615 5,279,682

Accumulated other comprehensive loss

 

(918,072 ) (948,961 )

Treasury stock, at cost

 

  (4,696,080 )   (4,674,089 )
Total stockholders' equity   86,356     101,842  
Total liabilities and stockholders' equity $ 5,806,265   $ 5,944,157  
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »
Featured Video
Jobs
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Upcoming Events
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
Greenbuild 2024 at Pennsylvania Convention Center Philadelphia PA - Nov 12 - 15, 2024
Digital Construction North (DCN) 2024 at Manchester Central. Manchester United Kingdom - Nov 13, 2024
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise