2024 Q3 Form 10-Q Financial Statement

#000102056924000210 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $1.557B $1.534B
YoY Change 12.19% 13.0%
Cost Of Revenue $510.1M $503.2M
YoY Change 21.39% 16.65%
Gross Profit $1.047B $1.031B
YoY Change 8.19% 11.29%
Gross Profit Margin 67.25% 67.2%
Selling, General & Admin $341.9M $344.8M
YoY Change 8.54% 10.59%
% of Gross Profit 32.65% 33.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $232.2M $224.5M
YoY Change 16.85% 14.91%
% of Gross Profit 22.18% 21.77%
Operating Expenses $341.9M $344.8M
YoY Change 8.54% 10.59%
Operating Profit $251.2M $230.3M
YoY Change 5.61% 8.36%
Interest Expense -$186.1M -$177.5M
YoY Change 50.66% 11.49%
% of Operating Profit -74.08% -77.09%
Other Income/Expense, Net -$86.36M -$5.833M
YoY Change -630.77% -90.73%
Pretax Income -$21.27M $47.94M
YoY Change -120.99% 788.11%
Income Tax $12.40M $13.32M
% Of Pretax Income 27.78%
Net Earnings -$33.67M $34.62M
YoY Change -136.84% 2928.96%
Net Earnings / Revenue -2.16% 2.26%
Basic Earnings Per Share -$0.11 $0.12
Diluted Earnings Per Share -$0.11 $0.12
COMMON SHARES
Basic Shares Outstanding 293.3M shares 293.1M shares
Diluted Shares Outstanding 293.6M shares 295.8M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $168.5M $144.3M
YoY Change -1.45% -3.5%
Cash & Equivalents $168.5M $144.3M
Short-Term Investments
Other Short-Term Assets $306.9M $295.6M
YoY Change 9.99% 5.75%
Inventory
Prepaid Expenses
Receivables $1.243B $1.274B
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.719B $1.714B
YoY Change 6.3% 6.37%
LONG-TERM ASSETS
Property, Plant & Equipment $9.786B $9.386B
YoY Change 14.97% 13.43%
Goodwill $5.198B $5.100B
YoY Change 5.27% 3.48%
Intangibles $1.277B $1.284B
YoY Change -5.63% -4.77%
Long-Term Investments
YoY Change
Other Assets $489.5M $482.6M
YoY Change 7.19% -6.43%
Total Long-Term Assets $16.75B $16.25B
YoY Change 9.77% 7.87%
TOTAL ASSETS
Total Short-Term Assets $1.719B $1.714B
Total Long-Term Assets $16.75B $16.25B
Total Assets $18.47B $17.97B
YoY Change 9.44% 7.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $586.8M $528.0M
YoY Change 30.89% 9.48%
Accrued Expenses $1.288B $1.175B
YoY Change 16.11% 2.92%
Deferred Revenue $294.5M $329.7M
YoY Change -9.51% -1.89%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $136.5M $125.4M
YoY Change 26.45% 22.25%
Total Short-Term Liabilities $2.306B $2.158B
YoY Change 15.81% 4.63%
LONG-TERM LIABILITIES
Long-Term Debt $13.25B $12.81B
YoY Change 14.7% 14.98%
Other Long-Term Liabilities $277.6M $257.5M
YoY Change 75.19% 56.78%
Total Long-Term Liabilities $13.52B $13.07B
YoY Change 15.52% 15.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.306B $2.158B
Total Long-Term Liabilities $13.52B $13.07B
Total Liabilities $15.83B $15.23B
YoY Change 15.56% 13.9%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $4.605B $4.559B
YoY Change 2.08% 1.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$259.0M -$132.9M
YoY Change
Total Liabilities & Shareholders Equity $18.47B $17.97B
YoY Change 9.44% 7.72%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$33.67M $34.62M
YoY Change -136.84% 2928.96%
Depreciation, Depletion And Amortization $232.2M $224.5M
YoY Change 16.85% 14.91%
Cash From Operating Activities $252.9M $382.2M
YoY Change 14.8% 20.45%
INVESTING ACTIVITIES
Capital Expenditures $398.4M $397.9M
YoY Change 9.25% 18.39%
Acquisitions
YoY Change
Other Investing Activities -$83.65M -$36.21M
YoY Change 233.27% -1.1%
Cash From Investing Activities -$482.1M -$434.1M
YoY Change 23.67% 16.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 269.9M 7.192M
YoY Change 39.06% -88.0%
NET CHANGE
Cash From Operating Activities 252.9M 382.2M
Cash From Investing Activities -482.1M -434.1M
Cash From Financing Activities 269.9M 7.192M
Net Change In Cash 40.74M -44.77M
YoY Change 65.62% -1100.89%
FREE CASH FLOW
Cash From Operating Activities $252.9M $382.2M
Capital Expenditures $398.4M $397.9M
Free Cash Flow -$145.5M -$15.75M
YoY Change 0.77% -16.4%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2024Q2 us-gaap Derivative Liability Noncurrent Statement Of Financial Position Extensible Enumeration
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EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2943000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-78533000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7696000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
222789000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
141797000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
144256000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
149493000 usd
us-gaap Interest Paid Net
InterestPaidNet
382823000 usd
us-gaap Interest Paid Net
InterestPaidNet
270146000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
43099000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
46502000 usd
irm Noncash Investing And Financing Activities Financing Leases And Other
NoncashInvestingAndFinancingActivitiesFinancingLeasesAndOther
67996000 usd
irm Noncash Investing And Financing Activities Financing Leases And Other
NoncashInvestingAndFinancingActivitiesFinancingLeasesAndOther
61085000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
213636000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
192197000 usd
irm Business Combination Consideration Transferred Contingent Consideration
BusinessCombinationConsiderationTransferredContingentConsideration
133813000 usd
irm Business Combination Consideration Transferred Contingent Consideration
BusinessCombinationConsiderationTransferredContingentConsideration
9290000 usd
CY2024Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
200318000 usd
CY2023Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
192597000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2593461000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2696024000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
340842000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
304600000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
302234000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
291795000 usd
CY2024Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
42260000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
39089000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2453935000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2562394000 usd
CY2024Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
336653000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
310776000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
172735000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
161241000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
344481000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
317114000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
12078000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
10202000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
23022000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
20210000 usd
CY2024Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5217000 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4416000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
10438000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8757000 usd
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
39594000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
77688000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
34418000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
65998000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
235030000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
220764000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
10438000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
8757000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
21536000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
22010000 usd
irm Operating Lease Modifications And Reassessments
OperatingLeaseModificationsAndReassessments
573000 usd
irm Operating Lease Modifications And Reassessments
OperatingLeaseModificationsAndReassessments
44779000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
80474000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
163326000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
5017912000 usd
irm Goodwill Expected Tax Deductible Amount
GoodwillExpectedTaxDeductibleAmount
131790000 usd
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
591000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-50521000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
5099772000 usd
CY2024Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
158420000 usd
CY2024Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-31806000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
18155000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-488000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
7896000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
2527000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-32294000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
23524000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-98307000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
57832000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
10900000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
4454000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
2528000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
2527000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-89935000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
59759000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
329718000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
325665000 usd
CY2024Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
95605000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
100770000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29889000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22373000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
43928000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
34882000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
83100 shares
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
111128000 usd
CY2024Q2 us-gaap Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
9502000 usd
CY2023Q2 us-gaap Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
1511000 usd
us-gaap Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
17311000 usd
us-gaap Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
3106000 usd
CY2024Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-2790000 usd
CY2023Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
1505000 usd
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-3179000 usd
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
14566000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1534409000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1357936000 usd
CY2024Q2 irm Adjusted Earnings Before Interest Expense Net Provision Benefit For Income Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestExpenseNetProvisionBenefitForIncomeTaxesDepreciationAndAmortization
544361000 usd
CY2024Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1013000 usd
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-15063000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
15366000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-29487000 usd
CY2024Q2 irm Other Nonoperating Income Expense Other Net
OtherNonoperatingIncomeExpenseOtherNet
-4820000 usd
CY2023Q2 irm Other Nonoperating Income Expense Other Net
OtherNonoperatingIncomeExpenseOtherNet
-47887000 usd
irm Other Nonoperating Income Expense Other Net
OtherNonoperatingIncomeExpenseOtherNet
-8669000 usd
irm Other Nonoperating Income Expense Other Net
OtherNonoperatingIncomeExpenseOtherNet
-54663000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5833000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-62950000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6697000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-84150000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.278
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.788
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.211
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024Q2 us-gaap Profit Loss
ProfitLoss
34621000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
1143000 usd
us-gaap Profit Loss
ProfitLoss
111646000 usd
us-gaap Profit Loss
ProfitLoss
66678000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
34621000 usd
us-gaap Profit Loss
ProfitLoss
111646000 usd
CY2024Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-176521000 usd
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-144178000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13319000 usd
CY2024Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
224501000 usd
CY2024Q2 us-gaap Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
9502000 usd
CY2024Q2 irm Restructuring And Other Costs
RestructuringAndOtherCosts
46513000 usd
CY2024Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-2790000 usd
CY2024Q2 irm Other Nonoperating Income Expense Net
OtherNonoperatingIncomeExpenseNet
-4532000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29889000 usd
CY2024Q2 irm Reconciling Related To Unconsolidated Ventures
ReconcilingRelatedToUnconsolidatedVentures
2173000 usd
CY2024Q2 irm Adjusted Earnings Before Interest Expense Net Provision Benefit For Income Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestExpenseNetProvisionBenefitForIncomeTaxesDepreciationAndAmortization
544361000 usd
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1162000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1029000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1802000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1969000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35783000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
114000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
109844000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
64709000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
293340000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
291825000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
293043000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
291633000 shares
CY2024Q2 irm Incremental Common Shares Attributable To Share Based Payments Arrangements Stock Option
IncrementalCommonSharesAttributableToShareBasedPaymentsArrangementsStockOption
2068000 shares
CY2023Q2 irm Incremental Common Shares Attributable To Share Based Payments Arrangements Stock Option
IncrementalCommonSharesAttributableToShareBasedPaymentsArrangementsStockOption
1322000 shares
irm Incremental Common Shares Attributable To Share Based Payments Arrangements Stock Option
IncrementalCommonSharesAttributableToShareBasedPaymentsArrangementsStockOption
1977000 shares
irm Incremental Common Shares Attributable To Share Based Payments Arrangements Stock Option
IncrementalCommonSharesAttributableToShareBasedPaymentsArrangementsStockOption
1269000 shares
CY2024Q2 irm Incremental Common Shares Attributable To Share Based Payments Restricted Stock And Rs Us And P Us
IncrementalCommonSharesAttributableToShareBasedPaymentsRestrictedStockAndRSUsAndPUs
430000 shares
CY2023Q2 irm Incremental Common Shares Attributable To Share Based Payments Restricted Stock And Rs Us And P Us
IncrementalCommonSharesAttributableToShareBasedPaymentsRestrictedStockAndRSUsAndPUs
380000 shares
irm Incremental Common Shares Attributable To Share Based Payments Restricted Stock And Rs Us And P Us
IncrementalCommonSharesAttributableToShareBasedPaymentsRestrictedStockAndRSUsAndPUs
509000 shares
irm Incremental Common Shares Attributable To Share Based Payments Restricted Stock And Rs Us And P Us
IncrementalCommonSharesAttributableToShareBasedPaymentsRestrictedStockAndRSUsAndPUs
386000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
295838000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
293527000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
295529000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
293288000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
506149 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
157132 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
435957 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
151431 shares
CY2024Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
2074000 usd
CY2024Q2 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
23533000 usd
CY2024Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
2670000 usd
CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
6359000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
2496000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
3273000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
13036654000 usd
CY2024Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
97079000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
12939575000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
12034622000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
101452000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
11933170000 usd
CY2024Q2 irm Longterm Debt Gross Current Maturities
LongtermDebtGrossCurrentMaturities
125409000 usd
CY2024Q2 irm Unamortizeddebtissuanceexpensenetofcurrentportion
Unamortizeddebtissuanceexpensenetofcurrentportion
0 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
125409000 usd
CY2023Q4 irm Longterm Debt Gross Current Maturities
LongtermDebtGrossCurrentMaturities
120670000 usd
CY2023Q4 irm Unamortizeddebtissuanceexpensenetofcurrentportion
Unamortizeddebtissuanceexpensenetofcurrentportion
0 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
120670000 usd
CY2024Q2 irm Long Term Debt Gross Netof Current Portion
LongTermDebtGrossNetofCurrentPortion
12911245000 usd
CY2024Q2 irm Unamortized Debt Issuance Expense Net
UnamortizedDebtIssuanceExpenseNet
97079000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12814166000 usd
CY2023Q4 irm Long Term Debt Gross Netof Current Portion
LongTermDebtGrossNetofCurrentPortion
11913952000 usd
CY2023Q4 irm Unamortized Debt Issuance Expense Net
UnamortizedDebtIssuanceExpenseNet
101452000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11812500000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6185
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
180339000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6185
CY2023Q3 us-gaap Dividends Common Stock
DividendsCommonStock
180493000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6500
CY2023Q4 us-gaap Dividends Common Stock
DividendsCommonStock
189730000 usd
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6500
CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
189886000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6500
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
190506000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.6500
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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0001020569-24-000210.txt Edgar Link pending
0001020569-24-000210-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
irm-20240630.htm Edgar Link pending
irm-20240630.xsd Edgar Link pending
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irm-20240630_pre.xml Edgar Link unprocessable
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report.css Edgar Link pending
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irm-20240630_lab.xml Edgar Link unprocessable