XML 45 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues $ 1,675,176 $ 1,519,767 $ 4,929,159 $ 4,434,430
Costs and operating expenses:        
Cost of revenues 885,650 767,979 2,561,987 2,243,605
Sales and marketing 182,997 172,727 551,434 531,301
General and administrative 334,625 279,350 958,086 797,837
Transaction costs 5,197 5,840 13,364 30,987
Impairment charges 0 7,306 0 7,306
Gain on asset sales (15,414) (1,785) (14,149) (928)
Total costs and operating expenses 1,393,055 1,231,417 4,070,722 3,610,108
Income from operations 282,121 288,350 858,437 824,322
Interest income 411 1,452 1,514 7,410
Interest expense (78,943) (99,736) (255,855) (315,554)
Other income (expense) 1,482 162 (44,845) 9,610
Gain (loss) on debt extinguishment 179 (93,494) (115,339) (101,803)
Income before income taxes 205,250 96,734 443,912 423,985
Income tax expense (53,224) (29,903) (67,325) (104,847)
Net income 152,026 66,831 376,587 319,138
Net (income) loss attributable to non-controlling interests 190 (144) 330 (355)
Net income attributable to Equinix $ 152,216 $ 66,687 $ 376,917 $ 318,783
Earnings per share ("EPS") attributable to Equinix:        
Basic EPS (in dollars per share) $ 1.69 $ 0.75 $ 4.21 $ 3.65
Weighted-average shares for basic EPS (in shares) 89,858 88,806 89,614 87,226
Diluted EPS (in dollars per share) $ 1.68 $ 0.74 $ 4.18 $ 3.63
Weighted-average shares for diluted EPS (in shares) 90,467 89,519 90,202 87,925