XML 17 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Revenues $ 1,060,991 $ 965,661 $ 3,164,272 $ 2,854,343
Operating Expenses:        
Cost of sales (excluding depreciation and amortization) 448,018 418,327 1,348,203 1,259,318
Selling, general and administrative 258,470 242,357 778,526 719,968
Depreciation and amortization 157,797 128,513 474,595 381,319
(Gain) Loss on disposal/write-down of property, plant and equipment (excluding real estate), net 960 (292) (716) (967)
Total Operating Expenses 865,245 788,905 2,600,608 2,359,638
Operating Income (Loss) 195,746 176,756 563,664 494,705
Interest Expense (Income), Net 103,841 88,989 303,574 265,010
Other Expense (Income), Net 325 59,479 1,420 33,749
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes and Gain on Sale of Real Estate 91,580 28,288 258,670 195,946
Provision (Benefit) for Income Taxes 14,300 2,268 41,873 29,497
Gain on Sale of Real Estate, Net of Tax (1,348) 638 (1,348) (925)
Income (Loss) from Continuing Operations 78,628 25,382 218,145 167,374
Income (loss) from discontinued operations, net of tax (11,605) (1,058) (12,427) (3,421)
Net income (loss) 67,023 24,324 205,718 163,953
Less: Net (Loss) Income Attributable to Noncontrolling Interests (125) (21) 485 2,853
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 67,148 $ 24,345 $ 205,233 $ 161,100
Earnings (Losses) per Share—Basic:        
Income (Loss) from Continuing Operations $ 0.28 $ 0.10 $ 0.76 $ 0.62
Total (Loss) Income from Discontinued Operations, Net of Tax, per Basic Share (0.04) 0.00 (0.04) (0.01)
Net Income (Loss) Attributable to Iron Mountain Incorporated 0.23 0.09 0.72 0.61
Earnings (Losses) per Share-Diluted:        
Income (Loss) from Continuing Operations 0.27 0.10 0.76 0.62
Total (Loss) Income from Discontinued Operations, Net of Tax (0.04) 0.00 (0.04) (0.01)
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 0.23 $ 0.09 $ 0.72 $ 0.61
Weighted Average Common Shares Outstanding-Basic (in shares) 286,159,000 265,198,000 285,801,000 264,423,000
Weighted Average Common Shares Outstanding-Diluted (in shares) 286,982,342 266,138,983 286,515,157 265,292,690
Dividends Declared per Common Share (in dollars per share) $ 0.5876 $ 0.5534 $ 1.7641 $ 1.6543
Storage rental        
Revenues:        
Revenues $ 656,973 $ 601,091 $ 1,963,561 $ 1,763,609
Service        
Revenues:        
Revenues $ 404,018 $ 364,570 $ 1,200,711 $ 1,090,734