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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Storage rental $ 718,272 $ 676,956 $ 1,426,328 $ 1,360,503
Service 401,484 305,283 775,468 690,467
Total Revenues 1,119,756 982,239 2,201,796 2,050,970
Operating Expenses:        
Cost of sales (excluding depreciation and amortization) 474,579 406,693 926,488 873,614
Selling, general and administrative 259,779 241,947 518,502 480,680
Depreciation and amortization 166,685 163,850 332,327 326,434
Acquisition and Integration Costs 2,277 0 2,277 0
Restructuring Charges 39,443 39,298 79,254 80,344
(Gain) Loss on disposal/write-down of property, plant and equipment, net (128,935) (1,275) (133,386) (2,330)
Total Operating Expenses 813,828 850,513 1,725,462 1,781,742
Operating Income (Loss) 305,928 131,726 476,334 269,228
Interest Expense, Net (includes Interest Income) 105,220 103,456 209,642 209,105
Other (Income) Expense, Net (186,230) 25,700 (181,517) (17,026)
Net Income (Loss) Before Provision (Benefit) for Income Taxes 386,938 2,570 448,209 77,149
Provision (Benefit) for Income Taxes 110,416 9,683 125,056 19,370
Net Income (Loss) 276,522 (7,113) 323,153 57,779
Less: Net Income (Loss) Attributable to Noncontrolling Interests 1,237 (27) 2,265 890
Net Income (Loss) Attributable to Iron Mountain Incorporated $ 275,285 $ (7,086) $ 320,888 $ 56,889
Net Income (Loss) Per Share Attributable to Iron Mountain Incorporated:        
Income (Loss) from Continuing Operations, Basic (in dollars per share) $ 0.95 $ (0.02) $ 1.11 $ 0.20
Income (Loss) from Continuing Operations, Diluted (in dollars per share) $ 0.95 $ (0.02) $ 1.11 $ 0.20
Weighted Average Common Shares Outstanding-Basic (in shares) 289,247,000 288,071,000 289,001,000 287,955,000
Weighted Average Common Shares Outstanding-Diluted (in shares) 291,079,245 288,071,000 290,303,267 288,300,617