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Segment Information (Tables)
9 Months Ended
Sep. 30, 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 and nine months ended September 30, 2022 and 2021 is as follows:
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,
2022202120222021
Global RIM Business
Total Revenues$1,091,102 $997,843 $3,210,469 $2,971,085 
      Adjusted EBITDA483,862 435,904 1,402,025 1,263,277 
Global Data Center Business
Total Revenues$100,309 $88,587 $297,384 $236,672 
Adjusted EBITDA42,660 35,097 126,944 98,961 
Corporate and Other Business
Total Revenues$95,534 $43,718 $316,672 $124,187 
     Adjusted EBITDA(57,088)(53,232)(173,835)(158,273)
Total Consolidated
Total Revenues$1,286,945 $1,130,148 $3,824,525 $3,331,944 
Adjusted EBITDA469,434 417,769 1,355,134 1,203,965 
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 and nine months ended September 30, 2022 and 2021 is as follows:
 THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,
2022202120222021
Net Income (Loss)$192,931 $68,111 $436,496 $391,264 
Add/(Deduct):
Interest expense, net121,767 103,809 351,266 313,451 
Provision (benefit) for income taxes23,934 28,017 52,097 153,073 
Depreciation and amortization175,077 174,818 536,946 507,145 
Acquisition and Integration Costs5,554 1,138 38,093 3,415 
Restructuring charges3,382 50,432 3,382 129,686 
(Gain) loss on disposal/write-down of property, plant and equipment, net (including real estate)(14,170)(935)(66,124)(134,321)
Other (income) expense, net, excluding our share of losses (gains) from our unconsolidated joint ventures(56,226)(21,517)(48,814)(209,001)
Stock-based compensation expense14,326 12,644 45,923 45,913 
Our share of Adjusted EBITDA reconciling items from our unconsolidated joint ventures2,859 1,252 5,869 3,340 
Adjusted EBITDA$469,434 $417,769 $1,355,134 $1,203,965 
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 and nine months ended September 30, 2022 and 2021 are as follows:
THREE MONTHS ENDED SEPTEMBER 30,NINE MONTHS ENDED SEPTEMBER 30,
2022202120222021
Global RIM Business
Records Management(1)
$829,357 $767,059 $2,450,903 $2,285,000 
Data Management(1)
127,226 130,679 385,276 399,420 
Information Destruction(1)(2)
134,519 100,105 374,290 286,665 
Data Center(1)
— — — — 
Global Data Center Business
Records Management(1)
$— $— $— $— 
Data Management(1)
— — — — 
Information Destruction(1)
— — — — 
Data Center(1)
100,309 88,587 297,384 236,672 
Corporate and Other Business
Records Management(1)
$35,787 $30,453 $103,826 $91,850 
Data Management(1)
— — — — 
Information Destruction(1)(3)
59,747 13,265 212,846 32,337 
Data Center(1)
— — — — 
Total Consolidated
Records Management(1)
$865,144 $797,512 $2,554,729 $2,376,850 
Data Management(1)
127,226 130,679 385,276 399,420 
Information Destruction(1)(2)(3)
194,266 113,370 587,136 319,002 
Data Center(1)
100,309 88,587 297,384 236,672 
(1)Each of these offerings has a component of revenue that is storage rental related and a component that is service revenue, except for information destruction, which does not have a storage rental component.
(2)Includes secure shredding services.
(3)Includes product revenue from ITRenew.