Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions |
3 Months Ended |
6 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
| Income Statement [Abstract] |
|
|
|
|
|
| Revenues |
|
$ 1,216.2
|
$ 1,133.9
|
$ 2,401.6
|
$ 2,207.9
|
| Costs and expenses: |
|
|
|
|
|
| Cost of revenues |
|
943.8
|
867.5
|
1,864.1
|
1,707.2
|
| Selling, general and administrative expenses |
|
170.6
|
167.5
|
347.6
|
339.1
|
| Total costs and expenses |
|
1,114.4
|
1,035.0
|
2,211.7
|
2,046.3
|
| Other operating income (expense) |
|
3.8
|
(2.4)
|
(4.5)
|
(2.7)
|
| Operating profit |
|
105.6
|
96.5
|
185.4
|
158.9
|
| Interest expense |
|
(51.1)
|
(32.4)
|
(97.7)
|
(60.3)
|
| Interest and other nonoperating income (expense) |
|
4.1
|
3.4
|
8.8
|
2.1
|
| Income from continuing operations before tax |
|
58.6
|
67.5
|
96.5
|
100.7
|
| Provision (benefit) for income taxes |
|
23.4
|
29.3
|
43.7
|
(11.8)
|
| Income from continuing operations |
|
35.2
|
38.2
|
52.8
|
112.5
|
| Income (loss) from discontinued operations, net of tax |
|
(0.1)
|
(0.1)
|
0.6
|
(0.2)
|
| Net income |
|
35.1
|
38.1
|
53.4
|
112.3
|
| Less net income attributable to noncontrolling interests |
|
3.0
|
3.0
|
6.3
|
5.9
|
| Net income attributable to Brink’s |
|
32.1
|
35.1
|
47.1
|
106.4
|
| Amounts attributable to Brink’s |
|
|
|
|
|
| Continuing operations |
|
32.2
|
35.2
|
46.5
|
106.6
|
| Discontinued operations |
|
(0.1)
|
(0.1)
|
0.6
|
(0.2)
|
| Net income attributable to Brink’s |
|
$ 32.1
|
$ 35.1
|
$ 47.1
|
$ 106.4
|
| Basic: |
|
|
|
|
|
| Continuing operations (dollars per share) |
[1] |
$ 0.69
|
$ 0.74
|
$ 0.99
|
$ 2.24
|
| Discontinued operations (dollar per share) |
[1] |
0
|
0
|
0.01
|
0
|
| Net income (dollars per share) |
[1] |
0.69
|
0.74
|
1.01
|
2.23
|
| Diluted: |
|
|
|
|
|
| Continuing operations (dollars per share) |
[1] |
0.68
|
0.73
|
0.98
|
2.22
|
| Discontinued operations (dollar per share) |
[1] |
0
|
0
|
0.01
|
0
|
| Net income (dollars per share) |
[1] |
$ 0.68
|
$ 0.73
|
$ 0.99
|
$ 2.21
|
| Weighted-average shares |
|
|
|
|
|
| Basic (shares) |
|
46.7
|
47.4
|
46.7
|
47.6
|
| Diluted (shares) |
|
47.3
|
47.8
|
47.4
|
48.0
|
| Cash dividends paid per common share (dollars per share) |
|
$ 0.22
|
$ 0.20
|
$ 0.42
|
$ 0.40
|
|
|