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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Storage (see Note 2.q.) $ 420,568 $ 398,131 $ 837,651 $ 796,378
Service (see Note 2.q.) 342,321 326,652 675,530 653,985
Total Revenues 762,889 724,783 1,513,181 1,450,363
Operating Expenses:        
Cost of sales (excluding depreciation and amortization) 311,382 294,681 630,865 605,770
Selling, general and administrative 224,569 196,775 439,696 396,560
Depreciation and amortization 79,778 75,499 160,857 151,113
(Gain) Loss on disposal/writedown of property, plant and equipment, net (211) (139) 512 (1,156)
Total Operating Expenses 615,518 566,816 1,231,930 1,152,287
Operating Income (Loss) 147,371 157,967 281,251 298,076
Interest Expense, Net (includes Interest Income of $493 and $368, for three months and $1044 and $790 for six months respectively) 49,011 52,617 97,998 105,533
Other Expense (Income), Net 2,657 4,148 (6,296) 12,908
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes 95,703 101,202 189,549 179,635
Provision (Benefit) for Income Taxes 30,173 52,274 46,858 97,482
Income (Loss) from Continuing Operations 65,530 48,928 142,691 82,153
Income (Loss) from Discontinued Operations (see Note 10), Net of Tax (5,832) (7,176) (8,374) (14,562)
Gain (Loss) on Sale of Discontinued Operations (see Note 10), Net of Tax 193,349   193,349  
Net Income (Loss) 253,047 41,752 327,666 67,591
Less: Net Income (Loss) Attributable to Noncontrolling Interests 363 460 1,522 733
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 252,684 $ 41,292 $ 326,144 $ 66,858
Earnings per Share-Basic:        
Income (Loss) from Continuing Operations (in dollars per share) $ 0.32 $ 0.24 $ 0.71 $ 0.40
Total Income (Loss) from Discontinued Operations (in dollars per share) $ 0.93 $ (0.04) $ 0.92 $ (0.07)
Net Income (Loss) Attributable to Iron Mountain Incorporated (in dollars per share) $ 1.25 $ 0.20 $ 1.62 $ 0.33
Earnings per Share-Diluted:        
Income (Loss) from Continuing Operations (in dollars per share) $ 0.32 $ 0.24 $ 0.71 $ 0.40
Total Income (Loss) from Discontinued Operations (in dollars per share) $ 0.92 $ (0.04) $ 0.91 $ (0.07)
Net Income (Loss) Attributable to Iron Mountain Incorporated (in dollars per share) $ 1.24 $ 0.20 $ 1.61 $ 0.33
Weighted Average Common Shares Outstanding-Basic (in shares) 201,653 203,006 200,941 203,294
Weighted Average Common Shares Outstanding-Diluted (in shares) 203,311 204,210 202,281 204,458
Dividends Declared per Common Share (in dollars per share) $ 0.2500 $ 0.0625 $ 0.4375 $ 0.1250