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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Storage rental $ 2,754,091 $ 2,681,087 $ 2,622,455
Service 1,393,179 1,581,497 1,603,306
Total Revenues 4,147,270 4,262,584 4,225,761
Operating Expenses:      
Cost of sales (excluding depreciation and amortization) 1,757,342 1,833,315 1,793,954
Selling, general and administrative 949,215 991,664 1,006,983
Depreciation and amortization 652,069 658,201 639,514
Significant Acquisition Costs 0 13,293 50,665
Restructuring Charges 194,396 48,597 0
Intangible impairments 23,000 0 0
(Gain) loss on disposal/write-down of property, plant and equipment, net (363,537) (63,824) (73,622)
Total Operating Expenses 3,212,485 3,481,246 3,417,494
Operating (Loss) Income 934,785 781,338 808,267
Interest Expense, Net (includes Interest Income of $8,312, $6,559 and $6,553 in 2020, 2019 and 2018, respectively) 418,535 419,298 409,648
Other expense (income), net, excluding our share of losses (gains) from our unconsolidated joint ventures(1) 143,545 33,898 (11,692)
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes 372,705 328,142 410,311
Provision (Benefit) for Income Taxes 29,609 59,931 42,753
Income (Loss) from Continuing Operations 343,096 268,211 367,558
Income (Loss) from Discontinued Operations, Net of Tax 0 104 (12,427)
Net Income (Loss) 343,096 268,315 355,131
Less: Net Income (Loss) Attributable to Noncontrolling Interests 403 938 1,198
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 342,693 $ 267,377 $ 353,933
Earnings (Losses) per Share—Basic:      
Income (loss) from continuing operations (in dollars per share) $ 1.19 $ 0.93 $ 1.28
Total (loss) income from discontinued operations, net of tax (in dollars per share) 0 0 (0.04)
Net income (loss) attributable to iron mountain incorporated (in dollars per share) 1.19 0.93 1.24
Earnings (Losses) per Share—Diluted:      
Income (loss) from continuing operations (in dollars per share) 1.19 0.93 1.28
Total (loss) income from discontinued operations, net of tax (in dollars per share) 0 0 (0.04)
Net Income (Loss) Attributable to Iron Mountain Incorporated (in dollars per share) $ 1.19 $ 0.93 $ 1.23
Weighted average common shares outstanding-basic (in shares) 288,183,000 286,971,000 285,913,000
Weighted average common shares outstanding-diluted (in shares) 288,643,190 287,686,944 286,652,588