Segment Information (Tables)

9 Months Ended

Sep. 30, 2018

Schedule of analysis of business segment information and reconciliation

An analysis of our business segment information and reconciliation to the accompanying Condensed Consolidated Financial Statements is as follows:



	North American Records and Information Management Business		North American Data Management Business		Western European Business		Other International Business		Global Data Center Business		Corporate and Other Business			Total Consolidated
For the Three Months Ended September 30, 2017
Total Revenues	$	513,567	$	101,230	$	128,082	$	199,698	$	8,249	$	14,835		$	965,661
Storage Rental	308,822		70,075		78,012		125,903		7,761		10,518			601,091
Service	204,745		31,155		50,070		73,795		488		4,317			364,570
Depreciation and Amortization	57,982		8,296		17,385		29,397		2,302		13,151			128,513
Depreciation	49,201		6,089		12,080		19,384		2,265		11,554			100,573
Amortization	8,781		2,207		5,305		10,013		37		1,597			27,940
Adjusted EBITDA	224,882		56,433		43,464		59,082		1,077		(61,914		)	323,024
Expenditures for Segment Assets	61,016		7,386		5,088		46,097		60,037		83,197			262,821
Capital Expenditures (see Liquidity and Capital Resources section of Management's Discussion & Analysis of Financial Condition and Results of Operations)	33,860		7,386		4,573		19,607		5,509		7,604			78,539
Cash Paid (Received) for Acquisitions, Net of Cash Acquired	—		—		—		25,784		54,528		75,593			155,905
Acquisitions of Customer Relationships and Customer Inducements	27,156		—		515		706		—		—			28,377
For the Three Months Ended September 30, 2018
Total Revenues	539,603		97,477		128,728		198,265		63,380		33,538			1,060,991
Storage Rental	306,633		67,779		79,492		124,920		60,039		18,110			656,973
Service	232,970		29,698		49,236		73,345		3,341		15,428			404,018
Depreciation and Amortization	59,869		9,472		14,515		31,288		27,965		14,688			157,797
Depreciation	46,756		7,277		10,134		19,134		16,431		13,258			112,990
Amortization	13,113		2,195		4,381		12,154		11,534		1,430			44,807
Adjusted EBITDA	248,600		53,484		40,770		60,153		27,299		(66,517		)	363,789
Expenditures for Segment Assets	53,665		5,033		3,595		48,509		42,585		29,435			182,822
Capital Expenditures (see Liquidity and Capital Resources section of Management's Discussion & Analysis of Financial Condition and Results of Operations)	31,373		5,033		1,372		21,108		41,896		11,570			112,352
Cash Paid (Received) for Acquisitions, Net of Cash Acquired	—		—		—		26,277		—		17,865			44,142
Acquisitions of Customer Relationships, Customer Inducements and Contract Fulfillment Costs	22,292		—		2,223		1,124		689		—			26,328



	North American Records and Information Management Business		North American Data Management Business		Western European Business		Other International Business		Global Data Center Business		Corporate and Other Business			Total Consolidated
As of and for the Nine Months Ended September 30, 2017
Total Revenues	$	1,530,761	$	301,741	$	370,020	$	581,344	$	24,832	$	45,645		$	2,854,343
Storage Rental	912,173		207,634		224,114		364,835		23,550		31,303			1,763,609
Service	618,588		94,107		145,906		216,509		1,282		14,342			1,090,734
Depreciation and Amortization	177,145		24,819		47,806		87,276		5,321		38,952			381,319
Depreciation	151,272		18,243		35,334		59,207		5,156		33,268			302,480
Amortization	25,873		6,576		12,472		28,069		165		5,684			78,839
Adjusted EBITDA	655,180		167,151		114,134		170,595		8,574		(181,982		)	933,652
Total Assets (1)	5,034,140		839,425		994,453		2,320,002		365,659		706,327			10,260,006
Expenditures for Segment Assets	165,544		22,466		12,192		107,801		77,729		109,029			494,761
Capital Expenditures (see Liquidity and Capital Resources section of Management's Discussion & Analysis of Financial Condition and Results of Operations)	106,673		22,466		11,194		48,776		23,201		31,436			243,746
Cash (Received) Paid for Acquisitions, Net of Cash Acquired	4,379		—		—		57,628		54,528		77,593			194,128
Acquisitions of Customer Relationships and Customer Inducements	54,492		—		998		1,397		—		—			56,887
As of and for the Nine Months Ended September 30, 2018
Total Revenues	1,605,526		297,472		401,815		610,987		164,878		83,594			3,164,272
Storage Rental	917,347		205,833		245,883		386,278		157,479		50,741			1,963,561
Service	688,179		91,639		155,932		224,709		7,399		32,853			1,200,711
Depreciation and Amortization	183,591		29,114		49,985		93,111		72,736		46,058			474,595
Depreciation	144,146		22,517		34,997		56,113		40,931		39,219			337,923
Amortization	39,445		6,597		14,988		36,998		31,805		6,839			136,672
Adjusted EBITDA	719,199		162,616		131,265		181,417		72,990		(191,229		)	1,076,258
Total Assets (1)	4,961,149		823,868		1,120,215		2,312,580		2,159,955		428,202			11,805,969
Expenditures for Segment Assets	138,210		15,529		38,978		110,612		1,745,770		55,426			2,104,525
Capital Expenditures (see Liquidity and Capital Resources section of Management's Discussion & Analysis of Financial Condition and Results of Operations)	86,365		15,529		32,859		59,827		98,169		37,204			329,953
Cash Paid (Received) for Acquisitions, Net of Cash Acquired	1,551		—		—		45,673		1,645,922		17,865			1,711,011
Acquisitions of Customer Relationships, Customer Inducements and Contract Fulfillment Costs	50,294		—		6,119		5,112		1,679		357			63,561

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(1)	Excludes all intercompany receivables or payables and investment in subsidiary balances.

Schedule of reconciliation of Adjusted EBITDA to income from continuing operations

A reconciliation of Adjusted EBITDA to income (loss) from continuing operations on a consolidated basis is as follows:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2018			2017			2018
Adjusted EBITDA	$	323,024		$	363,789		$	933,652		$	1,076,258
(Add)/Deduct:
Gain on Sale of Real Estate, Net of Tax	638			(1,348		)	(925		)	(1,348		)
Provision (Benefit) for Income Taxes	2,268			14,300			29,497			41,873
Other Expense (Income), Net	59,479			325			33,749			1,420
Interest Expense, Net	88,989			103,841			265,010			303,574
(Gain) loss on disposal/write-down of property, plant and equipment (excluding real estate), net	(292		)	960			(967		)	(716		)
Depreciation and Amortization	128,513			157,797			381,319			474,595
Significant Acquisition Costs(1)	18,047			9,286			58,595			38,715
Income (Loss) from Continuing Operations	$	25,382		$	78,628		$	167,374		$	218,145

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(1)

Represents operating expenditures associated with (1) the Recall Transaction (as defined in Note 1 to Notes to Consolidated Financial Statements included in our Annual Report), including: (i) advisory and professional fees to complete the Recall Transaction; (ii) costs associated with the Divestments (as defined in Note 14 to Notes to Consolidated Financial Statements included in our Annual Report) required in connection with receipt of regulatory approvals (including transitional services); and (iii) costs to integrate Recall Holdings Limited ("Recall") with our existing operations, including moving, severance, facility upgrade, REIT conversion and system upgrade costs, as well as certain costs associated with our shared service center initiative for our finance, human resources and information technology functions; and (2) the advisory and professional fees to complete the IODC Transaction (collectively, "Significant Acquisition Costs").