BRINKS CO BCO Cash Flow

Brinks co (BCO)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net income
2,800	-2,000	6,700	14,000	14,500	35,800	18,800	-107,600	25,500	-51,500	21,100	13,500	40,500	16,000	25,900	3,400	-500	500	7,200	-26,400	-9,500	-46,700	19,600	0	-87,700	50,000	32,000	12,000	-12,900	35,600	18,200	32,100	23,800	24,900	35,700	12,600	25,300	26,200	27,200	24,400	-5,000
Adjustments to reconcile net income to net cash provided by operating activities:
(Income) loss from discontinued operations, net of tax
-	-	-	-	-	0	-100	-100	200	-100	0	-100	0	-	-	-	-	-400	-100	100	-2,400	-21,700	-8,600	700	500	20,800	-6,000	-4,500	-19,500	4,200	-9,000	-4,700	-3,900	-28,800	-700	2,600	1,100	-24,100	2,200	800	-3,400
Depreciation and amortization
45,000	45,500	42,900	48,800	47,800	42,800	41,600	39,100	38,800	40,200	37,900	34,600	33,900	34,100	32,400	32,900	32,200	33,600	33,100	36,500	36,700	39,400	39,700	40,900	41,900	39,200	42,300	42,200	42,100	27,000	40,200	40,200	41,000	27,600	40,500	41,200	38,800	26,600	34,800	32,900	32,300
Share-based compensation expense
7,200	6,800	9,800	16,700	9,400	9,400	6,300	5,700	6,800	5,200	4,000	4,000	4,500	2,800	1,800	2,100	2,800	3,100	2,500	3,300	5,200	1,100	2,700	7,600	5,900	2,400	2,000	4,700	800	900	2,000	3,700	1,400	900	3,900	800	600	1,100	3,200	900	1,000
Deferred income taxes
9,700	-29,700	-2,600	-2,100	1,100	-2,300	-8,700	-5,400	-4,100	112,200	-10,300	-5,600	-2,100	-200	-200	-2,500	0	13,800	-2,600	500	-4,600	-17,000	11,700	-7,700	-15,400	-7,800	1,400	-15,400	-12,800	200	-11,000	-6,300	-26,400	-1,300	-18,200	-3,700	-7,500	-10,300	-5,000	-1,300	15,100
Marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	200	0	100	100	100	0	200	300	500	0	2,100	0	0	0	4,400	3,800	0	0	0
Sales of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
(Gains) losses on sale of property, equipment and marketable securities
-2,700	900	900	900	200	3,000	2,200	1,500	500	8,700	1,000	800	200	-	-	-1,700	0	-5,800	100	300	200	-600	45,000	200	300	1,700	400	0	300	-100	7,300	200	200	6,700	700	900	-400	0	500	-100	800
Gains on business dispositions
4,700	0	0	0	0	-	-	-	-	0	0	-200	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on derivative instruments
-7,700	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	700	0	-100	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	8,800	-8,800	0	-400	13,700	0	0	0
Impairment losses
2,000	4,400	1,700	400	1,200	2,200	1,600	900	1,800	800	1,600	600	400	14,900	300	4,900	500	400	200	200	1,100	2,100	1,200	0	0	-	-	-	-	-	-	-	0	1,600	800	0	0	-	-	-	-
Pension
2,700	21,500	700	1,600	300	-200	1,700	2,300	2,800	3,100	3,000	4,600	5,200	3,400	3,700	3,300	3,200	4,500	3,400	3,600	-700	-104,100	58,900	22,100	-500	26,600	-600	-6,200	-8,500	-8,400	10,500	-4,000	3,800	2,000	-2,100	-900	-3,600	200	600	1,800	1,600
Other than pension
2,600	4,500	4,400	2,600	4,500	5,900	5,100	3,300	5,200	4,800	4,100	5,700	3,300	4,200	2,200	4,100	3,200	2,000	2,100	2,700	2,400	3,500	100	-300	-1,800	26,500	-4,300	-4,000	-3,200	-5,300	-5,100	-6,600	-5,300	-3,200	-2,700	-3,200	-2,500	-4,700	-4,000	-3,600	-4,300
Remeasurement losses due to Argentina currency devaluations
-1,600	21,700	-7,000	500	-3,900	9,900	-8,100	-600	2,800	18,200	-700	-8,100	-300	100	100	1,800	2,800	0	-100	200	18,000	0	-600	300	121,900	0	0	0	13,400	0	0	0	0	-	-	-	-	-	-	-	-
Other operating
-14,200	-6,300	-16,500	7,900	-3,200	-1,600	-1,800	-1,700	-3,100	-1,500	-700	-600	-2,500	-2,400	600	-2,500	600	700	100	-2,500	-900	-3,800	-600	-4,900	1,700	-5,000	2,300	1,500	-1,100	800	3,400	4,300	3,200	1,300	3,500	3,600	1,700	-800	-300	300	7,700
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable and income taxes receivable
82,300	-52,300	-19,800	19,500	36,800	-30,300	13,300	34,000	32,700	66,300	15,600	45,200	37,800	-6,000	27,900	7,100	24,200	-14,100	23,500	18,600	16,800	6,400	4,200	38,300	41,800	-31,200	15,600	49,200	36,100	-20,700	24,300	35,000	32,000	27,300	-29,700	33,700	21,700	1,400	9,400	3,800	16,000
Accounts payable, income taxes payable and accrued liabilities
-42,900	50,400	14,400	18,100	-47,900	15,800	11,200	55,600	-13,600	42,400	16,700	54,400	-12,600	37,600	10,200	-6,400	-27,500	19,100	16,400	32,300	-47,700	32,500	39,400	24,900	8,700	-14,600	14,700	39,300	-15,800	-44,700	48,100	6,600	5,700	19,900	10,500	55,000	-27,300	-1,000	41,900	5,400	-9,200
Restricted cash held for customers
-81,200	-65,500	12,300	-7,300	36,800	-45,100	5,100	39,600	-44,000	-23,500	2,600	-10,900	-12,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer obligations
-6,200	-	-	-	11,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer obligations
-	-	-	-	-	3,200	-10,600	6,200	-500	-3,700	2,700	2,900	4,200	1,700	-200	3,800	-18,500	7,400	-1,600	5,200	1,500	-1,700	7,700	2,000	7,400	-4,800	-19,100	-2,600	16,800	13,700	20,600	-1,600	-18,800	-	-	-	-	-	-	-	-
Prepaid and other current assets
20,700	10,500	-15,500	6,100	10,200	-20,900	4,800	100	15,700	-69,100	62,900	3,200	14,400	5,300	-1,500	-7,100	13,300	-4,900	-11,000	4,500	14,800	5,800	5,100	-16,500	15,500	1,600	8,900	400	8,500	-14,700	-3,200	700	13,300	-9,900	4,100	-1,300	21,300	-20,800	4,200	2,300	28,100
Other
9,200	-7,000	4,500	6,400	3,300	-11,000	12,300	-8,600	1,100	15,100	-5,700	100	0	9,000	5,100	-100	-2,200	3,200	400	5,500	-4,700	9,600	-2,400	7,000	500	-3,900	200	8,900	5,800	-4,600	-7,900	7,500	-2,500	-6,000	-2,200	2,700	-3,900	-6,000	-3,000	2,800	-2,100
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-2,000	-1,500	5,400	-1,000	2,600	20,600	2,900	1,000	-7,500	38,600	-7,800	-3,300	-6,600	-4,800	200	0	1,200	-8,000	1,600	-11,500	0
Net cash provided (used) by operating activities
13,400	216,800	127,900	61,900	-38,000	215,500	39,500	52,300	56,800	159,400	12,300	85,300	39,400	133,300	43,600	51,200	-37,800	105,100	48,200	66,000	-23,400	68,800	24,900	17,000	30,600	97,100	63,300	37,800	3,300	121,200	99,000	46,700	-16,400	77,000	100,700	75,000	-5,700	92,800	94,000	43,300	5,200
Cash flows from investing activities:
Capital expenditures
30,200	48,800	42,900	37,900	35,200	51,100	30,700	36,600	36,700	57,100	46,300	43,300	27,800	39,800	27,400	24,200	20,800	39,900	26,000	20,900	14,300	53,700	26,300	32,300	23,800	50,700	44,000	44,800	33,400	53,600	46,400	37,400	33,500	65,000	47,100	42,200	29,400	35,300	41,300	34,300	26,900
Acquisitions, net of cash acquired
73,300	0	16,900	37,100	129,900	-100	521,000	0	0	77,400	82,700	50,800	14,200	700	0	0	0	-	-	-	-	-	-	-	0	0	100	-1,000	19,000	400	400	0	16,400	0	1,600	200	1,200	86,800	300	7,100	6,500
Dispositions, net of cash disposed
-3,000	11,200	0	0	0	-	-	-	-	1,400	-1,100	0	1,100	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketable securities:
Purchases
100	9,200	400	1,100	1,100	6,500	5,800	36,600	13,500	3,000	15,700	10,000	9,300	300	200	2,900	5,800	8,300	19,000	-100	100	-	-	-	0	-	-	-	-	-	-	-	-	0	500	-800	800	-	-	-	0
Sales
400	200	300	400	400	6,900	41,800	5,000	500	17,100	15,800	5,000	400	300	200	6,300	2,300	20,600	12,900	-3,100	3,500	200	-600	1,300	0	8,700	-7,700	-400	9,300	400	3,200	300	11,500	300	400	400	11,800	300	300	400	300
Cash proceeds from sale of property and equipment
1,000	7,300	1,100	300	1,600	1,200	1,000	700	1,100	500	0	800	600	300	1,500	2,700	200	1,100	200	400	200	100	61,000	1,200	400	-4,900	10,300	200	300	400	11,600	100	400	1,100	11,600	500	700	2,300	1,400	1,100	0
Acquisition of customer contracts
5,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Cash settlements of foreign currency derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,100	-900	1,900	-1,400	-1,400	4,900	100	0	0	200	100	200	-100	-6,000	1,400	-200	-600	0	0	0	3,700	1,600	3,200	600
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,900	-7,200	-600	-300	-5,200	55,500	-1,800	1,300	-2,300	-14,600	-1,500	-1,300	-800	-	-	-	-	-	-	-	-
Net cash used by investing activities
-110,400	-31,500	-58,800	-78,500	-164,200	-49,400	-515,900	-58,800	-48,600	-118,500	-128,900	-98,300	-49,200	-40,000	-26,000	-18,800	-24,100	-39,900	-31,000	-25,400	-7,400	-63,800	28,600	-30,200	-28,600	8,600	-43,500	-42,800	-45,300	-67,700	-21,300	-39,700	-38,600	-75,100	-35,600	-42,200	-18,900	-124,300	-54,300	-43,100	-33,700
Cash flows from financing activities:
Short-term borrowings
600	-1,700	-13,200	5,600	-5,500	6,500	-15,700	-5,600	16,100	-99,600	-31,100	16,800	-11,300	75,100	800	18,600	20,500	-21,500	11,200	-5,800	-6,600	-7,300	-4,400	17,800	-13,900	5,200	-14,200	26,500	43,000	-2,900	-5,800	15,700	-3,700	7,600	-21,300	3,700	2,800	18,000	5,500	2,000	2,100
Cash supply chain customer debt
-	-	-	-	-	-600	-3,300	-12,600	900	1,800	-2,100	300	1,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings
361,200	178,400	188,400	215,700	310,200	632,400	350,400	0	0	142,600	401,100	166,600	231,500	87,100	112,000	107,300	187,600	162,300	111,500	117,800	177,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments
149,800	281,300	180,000	153,600	502,900	598,600	44,200	0	0	588,700	120,500	149,200	141,500	224,300	103,800	141,300	136,800	197,400	120,800	128,000	187,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term revolving credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,800	34,200	70,000	-	12,200	3,000	82,000	-28,700	23,100	-42,000	43,100	-5,500	14,800	-16,100	-100,200	65,600	11,500	16,300	28,300
Issuance of private placement notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	100,000	-	-	-	-
Borrowings
0	100	0	1,700	333,200	1,000	-600	200	1,600	1,103,100	0	6,800	0	3,600	-100	-300	1,600	3,700	300	100	82,000	800	600	4,900	1,200	-700	4,500	0	0	-	-	-	-	-	-	-	-	-300	-7,000	9,600	1,000
Repayments
18,500	20,100	18,300	17,400	8,000	15,800	13,200	14,400	13,300	80,000	85,400	7,400	14,600	7,200	6,700	9,100	16,000	8,700	7,500	7,900	17,900	7,800	50,500	10,800	11,900	6,500	6,200	7,200	7,400	7,500	7,900	7,400	6,900	8,000	6,700	8,800	5,800	4,300	6,200	1,400	7,300
Cash proceeds from sale-leaseback transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,900	14,700	0	0	0	0	0	1,200
Acquisitions of noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	18,500	3,500	5,900	0	0	-	-	-	-	-	-	-	-
Payment of acquisition-related obligation
6,800	16,200	2,600	0	1,500	17,300	300	-100	100	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	0	-4,700	0	-8,100	0	0	0	0	-	-	-	-	-	-	-	-
Debt financing costs
700	0	0	100	3,900	0	0	0	0	-	-	-	-	-	-	-	-	0	0	100	1,900	-	0	0	0	-	-	-	-	-1,500	0	0	1,500	-100	100	300	300	100	2,400	0	0
Repurchase shares of Brink's common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Dividends [Abstract]
Shareholders of Brink’s
7,500	7,500	7,500	7,500	7,400	7,500	7,700	7,600	7,600	7,600	7,500	7,600	5,000	5,000	5,000	4,900	4,900	4,900	4,900	4,800	4,900	4,900	4,800	4,900	4,800	4,800	4,800	4,800	4,800	4,800	4,800	4,700	4,700	4,700	4,700	4,600	4,700	4,600	4,700	4,800	4,800
Noncontrolling interests in subsidiaries
700	900	1,200	200	0	1,400	1,900	1,200	700	1,100	900	2,400	200	1,200	1,300	1,900	200	200	1,000	3,900	200	-100	2,500	6,100	100	1,800	2,600	1,400	200	7,100	200	1,100	4,600	700	4,000	10,400	1,000	6,500	2,500	8,800	600
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	0	100	1,900	700	1,300	7,400	3,400	100	100	100	3,500	100	0	200	200	0	3,700	2,600	200	200	1,100	200	100	0	800	600	1,900	2,600	200	100	800	200
Excess tax benefits associated with share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200	100	800	100	100	400	0
Tax withholdings associated with share-based compensation
9,200	500	1,200	-100	7,300	200	0	100	11,200	200	1,100	100	8,800	-11,800	400	600	4,200	-3,700	900	500	300	0	-500	-600	-100	-200	-1,500	-200	-1,600	0	-5,100	-200	-300	-200	-900	-200	-1,400	0	-500	-1,300	0
Other
-500	-	-1,200	-1,400	-300	-	400	-300	500	-	0	500	500	500	500	500	800	300	300	300	100	-700	-400	-300	-200	-400	-300	-300	0	-	-	-	-	-	-	-	-	-	-	-	-200
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-200	-3,200	0	900	-2,400	400	1,000	800	-	-	-	-	-	-	-	-
Net cash provided by financing activities
168,100	-150,700	-36,800	42,900	106,600	-90,900	238,800	-40,700	-13,800	362,200	146,100	26,200	52,800	-51,600	3,900	-25,800	48,500	-52,100	-11,700	-29,300	40,600	-30,800	-40,500	34,400	40,200	-89,100	-18,200	15,800	85,500	-55,300	-3,400	-31,500	22,200	-17,900	-7,400	-34,700	-7,200	66,900	-39,800	13,000	19,900
Effect of exchange rate changes on cash
-28,000	8,200	-16,800	4,100	-3,600	-2,600	-5,600	-24,300	300	-3,700	3,200	-7,300	6,900	-10,600	400	-7,400	1,900	-7,300	-10,500	1,000	-17,200	-21,000	-14,700	2,000	-96,200	-3,400	900	-5,800	-10,400	800	1,500	-4,100	5,400	-1,600	-13,100	2,500	4,100	-900	5,300	-1,800	-2,500
Cash, cash equivalents and restricted cash:
Increase (decrease)
43,100	-	-	-	-99,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease)
-	-	-	-	-	72,600	-243,200	-71,500	-5,300	399,400	32,700	5,900	49,900	31,100	21,900	-800	-11,500	5,800	-5,000	12,300	-7,400	-46,800	-1,700	23,200	-54,000	13,200	2,500	5,000	33,100	-1,000	75,800	-28,600	-27,400	-17,600	44,600	600	-27,700	34,500	5,200	11,400	-11,100