PITNEY BOWES INC
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $5.57B | $6.26B | $6.13B |
| Cost of Revenue | — | — | — |
| Gross Profit | $2.83B | — | — |
| Gross Margin | 50.8% | — | — |
| Operating Expenses | |||
| Research & Development | $182.2M | $205.6M | $185.7M |
| SG&A Expense | $1.80B | $1.97B | $1.93B |
| Operating Income | $804.4M | $832.4M | $784.6M |
| Operating Margin | 14.4% | 13.3% | 12.8% |
| Interest Expense | $111.3M | $119.2M | $123.9M |
| Pretax Income | $693.2M | $713.2M | $660.7M |
| Income Tax Expense | $240.2M | $244.9M | $280.2M |
| Net Income | $423.4M | $419.8M | $386.0M |
| Net Margin | 7.6% | 6.7% | 6.3% |
| EPS (Basic) | $2.05 | $2.02 | $1.68 |
| EPS (Diluted) | $2.04 | $2.00 | $1.66 |
| Shares Outstanding (Basic) | 206.7M | 208.4M | 214.5M |
| Shares Outstanding (Diluted) | 207.3M | 209.7M | 214.5M |
| Dividends Per Share | $1.44 | $1.40 | — |