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Segment Information
9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Segment information

Note 2 – Segment information

 

We identify our operating segments based on how resources are allocated and operating decisions are made. Management evaluates performance and allocates resources based on operating profit or loss, excluding non-segment expenses. Under the criteria set forth in FASB ASC 280, Segment Reporting, we have four geographic operating segments, which are aggregated into two reportable segments: International and North America. We currently serve customers in more than 100 countries, including approximately 50 countries where we operate subsidiaries.

 

The primary services of the reportable segments include:

  • armored vehicle transportation, which we refer to as cash-in-transit (“CIT”)
  • automated teller machine replenishment, and servicing, and network infrastructure services (“ATM Services”)
  • secure international transportation of valuables (“Global Services”)
  • supply chain management of cash (“Cash Management Services”) including cash logistics services, deploying and servicing safes and safe control devices (e.g., our patented CompuSafe® service), coin sorting and wrapping, integrated check and cash processing services (“Virtual Vault Services”)
  • bill payment acceptance and processing services to utility companies and other billers (“Payment Services”)
  • security and guarding services (including airport security)

             
     Three Months Nine Months  
     Ended September 30, Ended September 30, 
 (In millions) 2013 2012 2013 2012 
             
 Revenues:         
  International$ 768.5  710.3  2,251.6  2,102.8 
  North America  234.5  234.6  708.8  708.6 
   Revenues$ 1,003.0  944.9  2,960.4  2,811.4 
             
             
     Three Months Nine Months  
     Ended September 30, Ended September 30, 
 (In millions) 2013 2012 2013 2012 
             
 Operating profit:         
  International$ 81.0  59.4  166.5  168.0 
  North America  0.7  8.3  5.1  25.5 
   Segment operating profit  81.7  67.7  171.6  193.5 
  Non-segment  (20.7)  (22.0)  (59.3)  (67.6) 
   Operating profit$ 61.0  45.7  112.3  125.9