Selected Quarterly Financial Data (unaudited)



	2017 Quarters							2016 Quarters
(In millions, except for per share amounts)	1^st		2^nd		3^rd	4^th		1^st			2^nd	3^rd	4^th

Revenues	$	788.4	805.9		849.5	903.2		$	721.8		739.5	755.8	803.5
Operating profit	70.9		48.3		66.4	88.3		23.5			32.2	59.7	69.1
Amounts attributable to Brink’s:
Income (loss) from:
Continuing operations	$	34.7	14.3		19.9	(52.0	)	$	(3.1	)	0.3	24.5	14.5
Discontinued operations	—		(0.1	)	—	(0.1	)	—			—	—	(1.7	)
Net income (loss) attributable to Brink’s	$	34.7	14.2		19.9	(52.1	)	$	(3.1	)	0.3	24.5	12.8

Depreciation and amortization	$	33.9	34.6		37.9	40.2		$	32.2		32.9	32.4	34.1
Capital expenditures	27.8		43.3		46.3	57.1		20.8			24.2	27.4	39.8

Earnings (loss) per share attributable to Brink’s common shareholders:
Basic
Continuing operations	$	0.69	0.28		0.39	(1.02	)	$	(0.06	)	0.01	0.49	0.29
Discontinued operations	—		—		—	—		—			—	—	(0.03	)
Net income (loss)	$	0.69	0.28		0.39	(1.03	)	$	(0.06	)	0.01	0.49	0.25

Diluted
Continuing operations	$	0.67	0.28		0.38	(1.02	)	$	(0.06	)	0.01	0.48	0.28
Discontinued operations	—		—		—	—		—			—	—	(0.03	)
Net income (loss)	$	0.67	0.28		0.38	(1.03	)	$	(0.06	)	0.01	0.48	0.25

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 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).

First quarter of 2016 We decided to exit operations in the Republic of Ireland and, as a result, we recognized $4.2 million in severance costs and another $1.7 million in operating and other exit costs. In addition, we recognized $3.2 million in charges related to the Executive Leadership and Board of Directors restructuring. We also recognized a $2.8 million net currency remeasurement loss when the Venezuelan government announced that they would replace the SIMADI exchange mechanism with the DICOM exchange mechanism.

Second quarter of 2016 We decided to exit operations in Northern Ireland and recognized another $4.5 million in exit-related charges related to our Ireland businesses. We also recognized a $2.0 million loss related to the sale of corporate assets.

Fourth quarter of 2016 Management implemented restructuring actions across our global operations and our corporate functions. As a result of these actions, we recognized asset-related adjustments of $16.3 million, severance costs of $7.2 million, lease restructuring charges of $0.7 million, partially offset by a $6.1 million benefit related to the termination of a benefit program.

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. In the fourth quarter of 2016, we recognized a $14.7 million valuation allowance on U.S. deferred tax assets.