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Segment Information
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segment information

Note 2 – Segment information

 

We identify our operating segments based on how our chief operating decision maker (“CODM”) allocates resources, assesses performance and makes decisions. Our CODM is our President, and Chief Executive Officer. Our CODM evaluates performance and allocates resources based on operating profit or loss for the geographic components of Brink's, excluding non-segment expenses.

 

We have four geographic operating segments: Latin America; Europe, Middle East and Africa (“EMEA”); North America and Asia Pacific. These four operating segments are also our reportable segments.

 

We currently serve customers in more than 100 countries, including 43 countries where we operate subsidiaries.

 

The primary services of the reportable segments include:

  • Cash-in-Transit (“CIT”) Services – armored vehicle transportation of valuables
  • ATM Services – replenishing and maintaining customers' automated teller machines; providing network infrastructure services
  • Global Services – secure international transportation of valuables
  • Cash Management Services

  • Currency and coin counting and sorting; deposit preparation and reconciliations; other cash management services
  • Safe and safe control device installation and servicing (including our patented CompuSafe® service)
  • Check and cash processing services for banking customers (“Virtual Vault Services”)
  • Check imaging services for banking customers

  • Payment Services – bill payment and processing services on behalf of utility companies and other billers at any of our Brink's or Brink's operated payment locations in Latin America; Brink's Money™ prepaid payroll cards; Brink's Checkout e-commerce online payment services
  • Security and Guarding Services – protection of airports, offices, and certain other locations in Europe with or without electronic surveillance, access control, fire prevention and highly trained patrolling personnel

 

         
   Three Months  
     Ended March 31,  
 (In millions) 2014 2013 
         
 Revenues:     
  Latin America$ 438.4  412.9 
  EMEA  298.0  277.8 
  North America  220.1  223.2 
  Asia Pacific   35.1  36.6 
   Revenues$ 991.6  950.5 
         
         
     Three Months  
     Ended March 31,  
 (In millions) 2014 2013 
         
 Operating profit (loss):     
  Latin America$ (74.8)  23.4 
  EMEA  14.8  8.6 
  North America  1.1  (2.0) 
  Asia Pacific   4.4  4.3 
   Segment operating profit (loss)  (54.5)  34.3 
  Non-segment  (18.0)  (17.0) 
   Operating profit (loss)$ (72.5)  17.3