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Selected Quarterly Financial Data (unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Selected Quarterly Financial Data (unaudited)
Selected Quarterly Financial Data (unaudited)

 
2018 Quarters
 
2017 Quarters
(In millions, except for per share amounts)
1st

 
2nd

 
3rd

 
4th

 
1st

 
2nd

 
3rd

 
4th

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenues
$
879.1

 
849.7

 
852.4

 
907.7

 
$
788.4

 
805.9

 
849.5

 
903.2

Operating profit
64.8

 
61.7

 
67.0

 
81.2

 
70.9

 
48.3

 
66.4

 
88.3

Amounts attributable to Brink’s:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Income (loss) from:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Continuing operations
$
22.1

 
(107.8
)
 
17.5

 
34.9

 
$
34.7

 
14.3

 
19.9

 
(52.0
)
Discontinued operations
0.2

 
(0.1
)
 
(0.1
)
 
—

 
—

 
(0.1
)
 
—

 
(0.1
)
Net income (loss) attributable to Brink’s
$
22.3

 
(107.9
)
 
17.4

 
34.9

 
$
34.7

 
14.2

 
19.9

 
(52.1
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
$
38.8

 
39.1

 
41.6

 
42.8

 
$
33.9

 
34.6

 
37.9

 
40.2

Capital expenditures
36.7

 
36.6

 
30.7

 
51.1

 
27.8

 
43.3

 
46.3

 
57.1

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings (loss) per share attributable to Brink’s common shareholders:
Basic
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Continuing operations
$
0.43

 
(2.11
)
 
0.34

 
0.69

 
$
0.69

 
0.28

 
0.39

 
(1.02
)
Discontinued operations
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Net income (loss)
$
0.44

 
(2.11
)
 
0.34

 
0.69

 
$
0.69

 
0.28

 
0.39

 
(1.03
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing operations
$
0.42

 
(2.11
)
 
0.34

 
0.68

 
$
0.67

 
0.28

 
0.38

 
(1.02
)
Discontinued operations
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Net income (loss)
$
0.43

 
(2.11
)
 
0.34

 
0.68

 
$
0.67

 
0.28

 
0.38

 
(1.03
)


Earnings per share.  Earnings per share amounts for each quarter are required to be computed independently.  As a result, their sum may not equal the annual earnings per share.

Significant pretax items in a quarter. 
Second quarter of 2018 Effective June 30, 2018, we deconsolidated our investment in Venezuela subsidiaries and recognized a pretax charge of $126.7 million. We also recognized currency transaction losses of $12.6 million related to Brink's Argentina's U.S. dollar-denominated payables to the sellers of Maco Transporatadora and Maco Litoral. In the second quarter, we sold our French airport security services subsidiary. We recognized a pretax gain on the sale of $11.2 million.

Third quarter of 2018 Effective July 1, 2018, we designated Argentina as highly inflationary and recognized an $8.1 million pretax remeasurement loss due to the significant Argentina currency devaluation that occurred in that quarter.

Second quarter of 2017 We recognized an $8.1 million remeasurement loss due to the significant Venezuela currency devaluation that occurred in that quarter.

Third quarter of 2017 The Private Placement notes were paid off early in September 2017 resulting in a $6.5 million prepayment penalty.

Fourth quarter of 2017 We incurred an $11.1 million loss related to the theft of an international gold shipment in December 2017. We also recognized a net gain on the sale of real estate in Mexico ($7.8 million, net of statutory employee benefit).

Significant aftertax items in a quarter. In the fourth quarter of 2017, we recognized $92 million in tax expense as a result of the U.S. Tax Cuts and Jobs Act, which was enacted into law in December 2017.