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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Storage rental $ 760,370 $ 718,614 $ 2,264,566 $ 2,144,942
Service 526,575 411,534 1,559,959 1,187,002
Total Revenues 1,286,945 1,130,148 3,824,525 3,331,944
Operating Expenses:        
Cost of sales (excluding depreciation and amortization) 546,041 481,663 1,649,139 1,408,151
Selling, general and administrative 285,299 241,596 861,416 760,098
Depreciation and amortization 175,077 174,818 536,946 507,145
Acquisition and Integration Costs 5,554 1,138 38,093 3,415
Restructuring charges 3,382 50,432 3,382 129,686
(Gain) Loss on disposal/write-down of property, plant and equipment, net (14,170) (935) (66,124) (134,321)
Total Operating Expenses 1,001,183 948,712 3,022,852 2,674,174
Operating Income (Loss) 285,762 181,436 801,673 657,770
Interest Expense, Net (includes Interest Income) 121,767 103,809 351,266 313,451
Other (Income) Expense, Net (52,870) (18,501) (38,186) (200,018)
Net Income (Loss) Before Provision (Benefit) for Income Taxes 216,865 96,128 488,593 544,337
Provision (Benefit) for Income Taxes 23,934 28,017 52,097 153,073
Net Income (Loss) 192,931 68,111 436,496 391,264
Less: Net Income (Loss) Attributable to Noncontrolling Interests 767 428 1,952 2,693
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 192,164 $ 67,683 $ 434,544 $ 388,571
Net Income (Loss) Per Share Attributable to Iron Mountain Incorporated:        
Basic (in dollars per share) $ 0.66 $ 0.23 $ 1.49 $ 1.34
Diluted (in dollars per share) $ 0.66 $ 0.23 $ 1.49 $ 1.34
Weighted average common shares outstanding-basic (in shares) 290,937,000 289,762,000 290,673,000 289,255,000
Weighted average common shares outstanding-diluted (in shares) 292,551,871 291,482,255 292,294,236 290,696,596