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Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of analysis of business segment information

An analysis of our business segment information and reconciliation to the accompanying Condensed Consolidated Financial Statements for the three months ended March 31, 2022 and 2021 is as follows:

			THREE MONTHS ENDED MARCH 31,
			2022						2021
Global RIM Business
Total Revenues			$	1,043,582					$	967,294
Adjusted EBITDA			451,249						408,562
Global Data Center Business
Total Revenues			$	96,987					$	71,108
Adjusted EBITDA			41,977						30,432
Corporate and Other Business
Total Revenues			$	107,477					$	43,638
Adjusted EBITDA			(62,232)						(58,429)
Total Consolidated
Total Revenues			$	1,248,046					$	1,082,040
Adjusted EBITDA			430,994						380,565

Schedule of reconciliation of net income (loss) to Adjusted EBITDA

A reconciliation of Net Income (Loss) to Adjusted EBITDA on a consolidated basis for the three months ended March 31, 2022 and 2021 is as follows:

			THREE MONTHS ENDED MARCH 31,
			2022						2021
Net Income (Loss)			$	41,707					$	46,631
Add/(Deduct):
Interest expense, net			114,442						104,422
Provision (benefit) for income taxes			10,080						14,640
Depreciation and amortization			183,615						165,642
Acquisition and Integration Costs			15,661						—
Restructuring Charges			—						39,811
(Gain) loss on disposal/write-down of property, plant and equipment, net (including real estate)			(705)						(4,451)
Other expense (income), net, excluding our share of losses (gains) from our unconsolidated joint ventures			53,515						2,121
Stock-based compensation expense			11,341						10,733
Our share of Adjusted EBITDA reconciling items from our unconsolidated joint ventures			1,338						1,016
Adjusted EBITDA			$	430,994					$	380,565

Schedule of revenues by product and service lines by segment

Information as to our revenues by product and service lines by segment for the three months ended March 31, 2022 and 2021 are as follows:

						THREE MONTHS ENDED MARCH 31,
						2022						2021
Global RIM Business
Records Management(1)						$	802,553					$	752,123
Data Management(1)						117,722						118,414
Information Destruction(1)(2)						123,307						96,757
Data Center(1)						—						—
Global Data Center Business
Records Management(1)						$	—					$	—
Data Management(1)						—						—
Information Destruction(1)(2)						—						—
Data Center(1)						96,987						71,108
Corporate and Other Business
Records Management(1)						$	33,689					$	26,967
Data Management(1)						14,141						16,671
Information Destruction(1)(2)(3)						59,647						—
Data Center(1)						—						—
Total Consolidated
Records Management(1)						$	836,242					$	779,090
Data Management(1)						131,863						135,085
Information Destruction(1)(2)(3)						182,954						96,757
Data Center(1)						96,987						71,108

(1)Each of these offerings has a component of revenue that is storage rental related and a component that is service revenues, except for information destruction, which does not have a storage rental component.

(2)Includes secure shredding services.

(3)Includes product revenue from ITRenew.

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Schedule of Reconciliation Of Profit (loss) To Adjusted EBITDA

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Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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