|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| Current Assets: |
|
|
| Cash and cash equivalents |
$ 119,605 |
$ 125,933 |
| Restricted cash |
20,000 |
33,860 |
| Accounts receivable (less allowances of $32,141 and $36,538 as of December 31, 2014 and March 31, 2015, respectively) |
590,026 |
604,265 |
| Deferred income taxes |
21,052 |
14,192 |
| Prepaid expenses and other |
136,790 |
139,469 |
| Total Current Assets |
887,473 |
917,719 |
| Property, Plant and Equipment: |
|
|
| Property, plant and equipment |
4,597,207 |
4,668,705 |
| Less—Accumulated depreciation |
(2,120,405) |
(2,117,978) |
| Property, Plant and Equipment, net |
2,476,802 |
2,550,727 |
| Other Assets, net: |
|
|
| Goodwill |
2,358,561 |
2,423,783 |
| Customer relationships and acquisition costs |
580,441 |
607,837 |
| Deferred financing costs |
45,061 |
47,077 |
| Other |
23,116 |
23,199 |
| Total Other Assets, net |
3,007,179 |
3,101,896 |
| Total Assets |
6,371,454 |
6,570,342 |
| Current Liabilities: |
|
|
| Current portion of long-term debt |
54,483 |
52,095 |
| Accounts payable |
184,406 |
203,014 |
| Accrued expenses |
296,247 |
404,485 |
| Deferred revenue |
185,195 |
197,142 |
| Total Current Liabilities |
720,331 |
856,736 |
| Long-term Debt, net of current portion |
4,667,359 |
4,611,436 |
| Other Long-term Liabilities |
72,363 |
73,506 |
| Deferred Rent |
99,021 |
104,051 |
| Deferred Income Taxes |
55,878 |
54,658 |
| Commitments and Contingencies (see Note 7) |
|
|
| Iron Mountain Incorporated Stockholders' Equity: |
|
|
| Preferred stock (par value $0.01; authorized 10,000,000 shares; none issued and outstanding) |
0 |
0 |
| Common stock (par value $0.01; authorized 400,000,000 shares; issued and outstanding 209,818,812 shares and 210,527,237 shares as of December 31, 2014 and March 31, 2015, respectively) |
2,105 |
2,098 |
| Additional paid-in capital |
1,590,828 |
1,588,841 |
| Earnings in excess of distributions (Distributions in excess of earnings) |
(718,996) |
(659,553) |
| Accumulated other comprehensive items, net |
(131,082) |
(75,031) |
| Total Iron Mountain Incorporated Stockholders' Equity |
742,855 |
856,355 |
| Noncontrolling Interests |
13,647 |
13,600 |
| Total Equity |
756,502 |
869,955 |
| Total Liabilities and Equity |
$ 6,371,454 |
$ 6,570,342 |