XML 40 R35.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Significant Accounting Policies (Details 6) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
fund
bank
Jun. 30, 2011
Jun. 30, 2012
fund
bank
Jun. 30, 2011
Dec. 31, 2011
fund
bank
Income (Loss) Per Share-Basic and Diluted          
Income (Loss) from Continuing Operations $ 41,441 $ 67,460 $ 102,514 $ 148,636  
Total income (Loss) from discontinued operations (see Note 10) (2,524) 185,587 (7,617) 179,030  
Net Income (Loss) Attributable to Iron Mountain Incorporated 38,055 252,684 93,405 326,144  
Weighted-average shares-basic 171,296,000 201,653,000 171,308,000 200,941,000  
Effect of dilutive potential stock options (in shares) 753,385 1,538,373 737,087 1,266,761  
Effect of dilutive potential restricted stock, RSUs and PUs (in shares) 181,292 119,319 181,580 73,489  
Weighted-average shares-diluted 172,231,000 203,311,000 172,227,000 202,281,000  
Earnings (Losses) per share-basic:          
Income (Loss) from continuing operations (in dollars per share) $ 0.24 $ 0.33 $ 0.60 $ 0.74  
Total income (Loss) from Discontinued Operations (see Note 10) (in dollars per share) $ (0.01) $ 0.92 $ (0.04) $ 0.89  
Net Income (Loss) Attributable to Iron Mountain Incorporated (in dollars per share) $ 0.22 $ 1.25 $ 0.55 $ 1.62  
Earnings (Losses) per share-diluted:          
Income (Loss) from continuing operations (in dollars per share) $ 0.24 $ 0.33 $ 0.60 $ 0.73  
Total income (Loss) from Discontinued Operations (see Note 10) (in dollars per share) $ (0.01) $ 0.91 $ (0.04) $ 0.89  
Net Income (Loss) Attributable to Iron Mountain Incorporated (in dollars per share) $ 0.22 $ 1.24 $ 0.54 $ 1.61  
Antidilutive stock options, RSUs and PUs, excluded from the calculation (in shares) 1,885,060 2,126,488 1,965,338 5,413,769  
Income Taxes:          
Effective tax rates (as a percent) 54.20% 31.00% 42.00% 24.00%  
Statutory income tax rate (as a percent) 35.00% 35.00% 35.00% 35.00%  
Reduction in effective income tax rate as a result of foreign currency loss (as a percent)   2.20%   7.00%  
Increase in effective income tax rate as a result of foreign currency gain (as a percent) 10.20%   0.90%    
Gross interest and penalties recorded 247 (647) (2) (1,256)  
Accrued interest and penalties recorded 2,817   2,817   2,819
Undistributed earning of foreign subsidiaries 36,000   36,000    
Reclasification of long-term deferred income tax liabilities 44,000   44,000    
Concentrations of Credit Risk          
Number of global banks with cash, cash equivalent and restricted cash held on deposit 5   5   5
Number of "Triple A" rated money market funds with cash, cash equivalent and restricted cash held on deposit 2   2   1
Maximum investment limit in any one mutual fund or financial institution     75,000    
Cash, cash equivalent and restricted cash 206,842   206,842   214,955
Money market funds and time deposits $ 170,409   $ 170,409   $ 181,823