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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Storage rental $ 753,126 $ 718,272 $ 1,504,196 $ 1,426,328
Service 536,408 401,484 1,033,384 775,468
Total Revenues 1,289,534 1,119,756 2,537,580 2,201,796
Operating Expenses:        
Cost of sales (excluding depreciation and amortization) 556,476 474,579 1,103,098 926,488
Selling, general and administrative 295,394 259,779 576,117 518,502
Depreciation and amortization 178,254 166,685 361,869 332,327
Acquisition and Integration Costs 16,878 2,277 32,539 2,277
Restructuring Charges 0 39,443 0 79,254
(Gain) Loss on disposal/write-down of property, plant and equipment, net (51,249) (128,935) (51,954) (133,386)
Total Operating Expenses 995,753 813,828 2,021,669 1,725,462
Operating Income (Loss) 293,781 305,928 515,911 476,334
Interest Expense, Net (includes Interest Income) 115,057 105,220 229,499 209,642
Other (Income) Expense, Net (41,217) (186,230) 14,684 (181,517)
Net Income (Loss) Before Provision (Benefit) for Income Taxes 219,941 386,938 271,728 448,209
Provision (Benefit) for Income Taxes 18,083 110,416 28,163 125,056
Net Income (Loss) 201,858 276,522 243,565 323,153
Less: Net Income (Loss) Attributable to Noncontrolling Interests 1,777 1,237 1,185 2,265
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 200,081 $ 275,285 $ 242,380 $ 320,888
Net Income (Loss) Per Share Attributable to Iron Mountain Incorporated:        
Basic (in dollars per share) $ 0.69 $ 0.95 $ 0.83 $ 1.11
Diluted (in dollars per share) $ 0.68 $ 0.95 $ 0.83 $ 1.11
Weighted average common shares outstanding-basic (in shares) 290,756,000 289,247,000 290,542,000 289,001,000
Weighted average common shares outstanding-diluted (in shares) 292,487,234 291,079,245 292,166,419 290,303,267