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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total Revenues $ 5,480,289 $ 5,103,574 $ 4,491,531
Operating Expenses:      
Cost of sales (excluding depreciation and amortization) 2,357,800 2,189,120 1,887,229
Selling, general and administrative 1,236,287 1,140,577 1,022,559
Depreciation and amortization 776,159 727,595 680,422
Acquisition and Integration Costs 25,875 47,746 12,764
Restructuring and other transformation 175,215 41,933 206,426
(Gain) loss on disposal/write-down of property, plant and equipment, net (12,825) (93,268) (172,041)
Total Operating Expenses 4,558,511 4,053,703 3,637,359
Operating Income (Loss) 921,778 1,049,871 854,172
Interest Expense, Net (includes Interest Income of $12,471, $8,276 and $7,341 in 2023, 2022 and 2021, respectively) 585,932 488,014 417,961
Other Expense (Income), Net 108,640 (69,781) (192,804)
Net Income (Loss) Before Provision (Benefit) for Income Taxes 227,206 631,638 629,015
Provision (Benefit) for Income Taxes 39,943 69,489 176,290
Net Income (Loss) 187,263 562,149 452,725
Less: Net income (loss) attributable to noncontrolling interests 3,029 5,168 2,506
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 184,234 $ 556,981 $ 450,219
Earnings (Losses) Per Share Attributable to Iron Mountain Incorporated:      
Basic (in dollars per share) $ 0.63 $ 1.92 $ 1.56
Diluted (in dollars per share) $ 0.63 $ 1.90 $ 1.55
Weighted average common shares outstanding-basic (in shares) 291,936,000 290,812,000 289,457,000
Weighted average common shares outstanding-diluted (in shares) 293,965,000 292,444,177 290,975,090
Storage rental      
Revenues:      
Total Revenues $ 3,370,645 $ 3,034,023 $ 2,870,119
Service      
Revenues:      
Total Revenues $ 2,109,644 $ 2,069,551 $ 1,621,412