XML 50 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:                    
Storage rental             $ 433,436 $ 419,146 $ 858,777 $ 834,851
Service             318,729 339,405 639,886 669,709
Total Revenues             752,165 758,551 1,498,663 1,504,560
Operating Expenses:                    
Cost of sales (excluding depreciation and amortization)             313,060 307,577 628,358 623,532
Selling, general and administrative             203,515 223,389 414,175 436,144
Depreciation and amortization             77,510 78,868 155,518 159,031
(Gain) Loss on disposal/write-down of property, plant and equipment, net             (607) (220) 112 (684)
Total Operating Expenses             593,478 609,614 1,198,163 1,218,023
Operating Income (Loss)             158,687 148,937 300,500 286,537
Interest Expense, Net (includes Interest Income of $493 and $810 for the three months ended and $1,044 and $1,355 for the six months ended June 30, 2011 and 2012, respectively)             58,216 48,604 117,000 97,222
Other Expense (Income), Net             10,066 2,621 6,762 (6,337)
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes             90,405 97,712 176,738 195,652
Provision (Benefit) for Income Taxes             48,964 30,252 74,224 47,016
Income (Loss) from Continuing Operations             41,441 67,460 102,514 148,636
Income (Loss) from Discontinued Operations, Net of Tax             (639) (7,762) (5,732) (14,319)
Gain (Loss) on Sale of Discontinued Operations, Net of Tax             (1,885) 193,349 (1,885) 193,349
Net Income (Loss)             38,917 253,047 94,897 327,666
Less: Net Income (Loss) Attributable to Noncontrolling Interests             862 363 1,492 1,522
Net Income (Loss) Attributable to Iron Mountain Incorporated             $ 38,055 $ 252,684 $ 93,405 $ 326,144
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 (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 (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
Weighted Average Common Shares Outstanding-Basic (in shares)             171,296 201,653 171,308 200,941
Weighted Average Common Shares Outstanding-Diluted (in shares)             172,231 203,311 172,227 202,281
Dividends Declared per Common Share (in dollars per share) $ 0.2700 $ 0.2500 $ 0.2500 $ 0.2500 $ 0.2500 $ 0.1875 $ 0.2700 $ 0.2500 $ 0.5200 $ 0.4375