Company: BCO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000078890-25-000253
Chunk: 26

Company: BRINKS CO
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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0.5                 0.3       0.5  
  Diluted                                                                        42.4      45.1                43.0      45.2  
  Antidilutive stock awards and options excluded from denominator                   —         —                   —         —  

(a) We have deferred compensation plans for directors and certain of our employees. Some amounts owed to participants are denominated in common stock units. Each unit represents one share of common stock. The number of shares used to calculate basic earnings per share includes the weighted-average common stock units credited to employees and directors under the deferred compensation plans. Additionally, nonvested units containing only a service requirement are also included in the computation of basic weighted-average shares when the requisite service period has been completed. Accordingly, basic shares include weighted-average units of 0.2 0.2 0.2 0.2

Note 12 - Supplemental cash flow information

                         Six Months                            
                         Ended June 30,                        
  (In millions)          2025                            2024  
 ───────────────────────────────────────────────────────────────
  Cash paid for:                                               
  Interest               $                   132.8      124.7  
  Income taxes, net      56.5                            68.5  

Argentina Marketable Securities

In the first six months of 2025, we have used available Argentine pesos to purchase equity and available-for-sale debt securities. Cash outflows for the purchase of these financial instruments totaled $ 67.9 38.5

Non-cash Investing and Financing Activities We acquired $ 32.5 25.6

Loans Held for Investment

In France, as part of an ATM managed services contract for a large customer, we purchase the ATMs at the beginning of the contract. However, since these ATMs are specifically for the benefit of the customer and transfer back to the customer at the end of the contract, this is recorded as a financing transaction. As a result, the loan to the customer, net of payments received, is treated as investing cash flows.

Restricted Cash (Cash Supply Chain Services)

In France, we offer services to certain of our customers where we manage some or all of their cash supply chains. Providing this service requires our French subsidiary to take temporary title to the cash received from the management of our customers' cash supply chains until the cash is returned to the customers. The cash for which we have temporary title is restricted and cannot be used for any other purpose other