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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2024
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 six months ended June 30, 2024 and 2023 is as follows:
THREE MONTHS ENDED JUNE 30,SIX MONTHS ENDED JUNE 30,
2024202320242023
Global RIM Business
Total Revenues$1,250,577 $1,159,867 $2,460,734 $2,286,393 
Adjusted EBITDA548,742 499,062 1,075,010 976,846 
Global Data Center Business
Total Revenues$152,702 $118,033 $296,639 $230,338 
Adjusted EBITDA66,017 53,809 127,585 104,444 
Corporate and Other
Total Revenues$131,130 $80,036 $253,899 $155,554 
Adjusted EBITDA(70,398)(77,213)(139,379)(144,824)
Total Consolidated
Total Revenues$1,534,409 $1,357,936 $3,011,272 $2,672,285 
Adjusted EBITDA544,361 475,658 1,063,216 936,466 
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 six months ended June 30, 2024 and 2023 is as follows:
 THREE MONTHS ENDED JUNE 30,SIX MONTHS ENDED JUNE 30,
2024202320242023
Net Income (Loss)$34,621 $1,143 $111,646 $66,678 
Add/(Deduct):
Interest expense, net176,521 144,178 341,040 281,347 
Provision (benefit) for income taxes13,319 4,255 29,928 21,013 
Depreciation and amortization224,501 195,367 434,056 377,461 
Acquisition and Integration Costs9,502 1,511 17,311 3,106 
Restructuring and other transformation46,513 45,588 87,280 82,501 
Loss (gain) on disposal/write-down of property, plant and equipment, net (including real estate)2,790 (1,505)3,179 (14,566)
Other expense (income), net, excluding our share of losses (gains) from our unconsolidated joint ventures
4,532 58,694 (8,578)76,185 
Stock-based compensation expense29,889 22,373 43,928 34,882 
Our share of Adjusted EBITDA reconciling items from our unconsolidated joint ventures2,173 4,054 3,426 7,859 
Adjusted EBITDA$544,361 $475,658 $1,063,216 $936,466 
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 six months ended June 30, 2024 and 2023 is as follows:
THREE MONTHS ENDED JUNE 30,SIX MONTHS ENDED JUNE 30,
2024202320242023
Global RIM Business
Records Management(1)
$974,480 $898,634 $1,911,132 $1,766,622 
Data Management(1)
131,073 130,251 263,123 259,845 
Information Destruction(1)(2)
145,024 130,982 286,479 259,926 
Data Center(1)
— — — — 
Global Data Center Business
Records Management(1)
$— $— $— $— 
Data Management(1)
— — — — 
Information Destruction(1)
— — — — 
Data Center(1)
152,702 118,033 296,639 230,338 
Corporate and Other
Records Management(1)
$40,996 $37,409 $80,068 $71,757 
Data Management(1)
— — — — 
Information Destruction(1)(3)
90,134 42,627 173,831 83,797 
Data Center(1)
— — — — 
Total Consolidated
Records Management(1)
$1,015,476 $936,043 $1,991,200 $1,838,379 
Data Management(1)
131,073 130,251 263,123 259,845 
Information Destruction(1)(2)(3)
235,158 173,609 460,310 343,723 
Data Center(1)
152,702 118,033 296,639 230,338 
(1)Each of these offerings has a component of revenue that is storage rental related and a component that is service related, except for information destruction, which does not have a storage rental component.
(2)Information destruction revenue for our Global RIM Business includes secure shredding services.
(3)Information destruction revenue for Corporate and Other includes product revenue from our ALM business.