IRON MOUNTAIN INC IRM Cash Flow

Iron mountain inc (IRM)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash Flows from Operating Activities:
Net income (loss)
268,315	355,131	171,724	107,233	125,203	328,746	99,992	174,048	399,592	-52,678	219,379	81,943
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
104	-12,427	-6,291	3,353	0	-209	831	-6,774	-47,439	-219,417	-12,138	-10,938
Loss (Gain) on sale of discontinued operations
-	-	-	-	-	-	-	-1,885	200,619	-	-	-
Adjustments to reconcile net income (loss) to cash flows from operating activities:
Depreciation
456,323	452,740	406,283	365,526	301,219	304,557	282,856	280,598	290,638	278,760	253,061	231,766
Amortization (includes amortization of deferred financing costs and discounts of $4,513 and $4,108 for the three months ended March 31, 2020 and 2019, respectively)
218,618	202,449	131,055	99,951	53,494	56,595	46,439	42,694	35,179	30,802	29,242	30,471
Revenue reduction associated with amortization of customer inducements and above- and below-market leases
13,703	16,281	11,253	12,217	11,670	11,715	-	-	-	-	-	-
Intangible impairments
0	0	3,011	0	0	-	-	-	46,500	85,909	-	-
Stock-based compensation expense
35,654	31,167	30,019	28,976	27,585	29,624	30,354	30,360	17,250	17,274	15,210	16,075
(Benefit) provision for deferred income taxes
-624	-4,239	-39,355	-50,368	-7,473	-270,790	-99,432	-77,201	3,389	37,666	30,335	107,149
Loss on early extinguishment of debt
0	0	-78,368	-9,283	-27,305	-16,495	-43,318	-10,628	-993	-1,792	-3,031	-418
Gain (Loss) on Sale of Assets and Asset Impairment Charges
63,824	74,134	766	898	-1,941	9,447	1,417	-4,400	2,286	10,987	-168	-7,522
Gain (Loss) on Disposition of Business
-	-	-	-16,838	0	0	-	-	-	-	-	-
Gain on Russia and Ukraine Divestment (see Note 13)
0	0	38,869	0	0	-	-	-	-	-	-	-
Foreign currency transactions and other, net
-29,838	16,395	-50,503	-16,624	-44,221	-38,296	-63,648	-11,764	-24,298	-18,043	12,690	-50,312
(Increase) decrease in assets
-5,404	36,054	93,805	67,395	-	-	-	-	-	-	-	-
(Decrease) increase in liabilities
3,352	-2,829	8,547	6,582	-	-	-	-	-	-	-	-
Cash Flows from Operating Activities - Continuing Operations
966,655	936,544	724,259	541,216	541,760	472,948	506,593	443,652	663,514	603,229	586,570	512,933
Cash Flows from Operating Activities - Discontinued Operations
0	-995	-3,291	2,679	0	0	953	-10,916	-48,076	21,911	30,341	24,096
Cash Flows from Operating Activities
966,655	935,549	720,968	543,895	541,760	472,948	507,546	432,736	615,438	625,140	616,911	537,029
Cash Flows from Investing Activities:
Payments to Acquire Property, Plant, and Equipment
692,983	460,062	343,131	328,603	290,249	361,924	287,295	240,683	209,155	258,849	287,917	353,822
Payments to Acquire Businesses, Net of Cash Acquired
58,237	1,758,557	219,705	291,965	113,558	128,093	317,100	125,134	75,246	13,841	1,518	56,632
Increase (Decrease) in Restricted Cash
-	-	-	-	-	0	248	-1,498	5	35,102	-	-
Acquisition of customer relationships
46,105	63,577	55,126	31,561	32,611	15,074	11,043	28,872	21,703	13,202	10,741	14,141
Customer inducements
19,222	0	0	19,205	22,500	19,373	19,148	2,330	335	-	3,114	1,709
Contract fulfillment costs and third-party commissions
-76,171	-26,208	0	0	-	-	-	-	-	-	-	-
Net proceeds from divestments (see Note 13)
0	1,019	29,236	30,654	0	0	-	-	-	-	-	-
Proceeds from sales of property and equipment and other, net
166,143	86,159	9,337	7,977	2,272	44,486	2,084	1,457	4,231	22,536	4,591	-350
Cash Flows from Investing Activities - Continuing Operations
-735,946	-2,230,128	-599,448	-632,703	-456,646	-479,978	-632,750	-394,064	-302,213	-298,458	-298,699	-426,654
Cash Flows from Investing Activities - Discontinued Operations
5,061	8,250	0	96,712	0	0	-4,937	-6,136	380,721	-134,212	-25,367	-32,940
Cash Flows from Investing Activities
-730,885	-2,221,878	-599,448	-535,991	-456,646	-479,978	-637,687	-400,200	78,508	-432,670	-324,066	-459,594
Cash Flows from Financing Activities:
Repayment of revolving credit facility, term loan facilities and other debt
14,535,115	14,192,139	14,429,695	14,851,440	10,796,873	8,824,711	5,526,672	2,844,693	2,017,174	101,884	283,318	957,331
Proceeds from revolving credit facility, term loan facilities and other debt
14,059,818	15,351,614	13,917,055	14,544,388	10,925,709	9,285,187	5,661,750	2,731,185	2,170,979	53,567	33,944	798,289
Early retirement of senior subordinated and senior notes
0	0	1,746,856	0	814,728	566,352	685,134	525,834	231,255	202,584	447,874	71,881
Net proceeds from sales of senior notes
987,500	0	2,656,948	925,443	985,000	642,417	782,307	985,000	394,000	-	539,688	295,500
Debt financing and equity contribution from noncontrolling interests
0	0	13,230	1,299	7,590	1,800	-	-	-	-	-	-
Debt repayment and equity distribution to noncontrolling interests
1,924	2,523	4,151	1,765	2,016	16,570	-18,236	480	698	169	1,064	960
Stock repurchases
-	-	-	-	-	-	-	38,052	984,953	111,563	-	-
Parent cash dividends
704,526	673,635	439,999	505,871	406,508	542,298	206,798	318,845	172,616	37,893	-	-
Net proceeds associated with the Equity Offering, including Over-Allotment Option
0	76,192	516,462	0	0	-	-	-	-	-	-	-
Proceeds from Issuance of Common Stock
0	8,716	59,129	0	-	-	-	-	-	-	-	-
Net proceeds (payments) associated with employee stock-based awards
1,027	1,142	13,095	31,922	7,149	44,290	17,664	40,244	85,742	18,225	24,233	16,145
Net proceeds associated with the At the Market (ATM) Program
-	-	-	-	0	-	-	-	-	-	-	-
Excess Tax Benefit from Share-based Compensation, Financing Activities
-	-	-	-	327	-60	2,389	1,045	919	2,252	5,532	5,112
Payment of debt financing and stock issuance costs
5,753	16,405	14,793	18,603	14,161	3,846	8,706	2,261	9,010	-	1,555	985
Cash Flows from Financing Activities - Continuing Operations
-198,973	550,678	540,425	125,373	-108,511	19,857	18,564	28,269	-762,670	-379,711	-128,286	85,809
Cash Flows from Financing Activities - Discontinued Operations
0	0	0	0	0	0	0	-39	-1,138	-1,523	-1,406	1,559
Cash Flows from Financing Activities
-198,973	550,678	540,425	125,373	-108,511	19,857	18,564	28,230	-763,808	-381,234	-129,692	87,368
Effect of Exchange Rates on Cash and Cash Equivalents
-8,727	-24,563	27,270	-25,174	-8,015	-7,420	-11,312	2,804	-8,986	801	5,133	-12,040
(Decrease) increase in Cash and Cash Equivalents
28,070	-760,214	689,215	108,103	-31,412	5,407	-122,889	63,570	-78,848	-187,963	168,286	152,763
Supplemental Information:
Cash Paid for Interest
394,984	388,440	368,468	297,122	259,815	257,599	243,380	231,936	203,035	226,463	216,673	242,145
Cash Paid for Income Taxes, Net
61,691	64,493	104,498	69,866	42,440	167,448	125,624	228,607	147,998	139,072	87,062	44,109
Non-Cash Investing and Financing Activities:
Financing Leases (see Note 2.e.)
32,742	83,948	166,843	74,881	50,083	24,106	48,488	54,518	30,090	30,367	72,120	93,147
Accrued Capital Expenditures
82,345	84,143	71,098	62,691	51,846	47,529	79,153	51,114	43,696	41,222	53,701	46,009
Business Combination, Consideration Transferred, Accrued Purchase Price and Other Holdbacks
4,135	35,218	20,093	0	0	-	-	-	-	-	-	-
Fair Value of Stock Issued for Fortrust Transaction (see Note 6)
0	0	83,014	-	0	0	-	-	-	-	-	-
Changes in Assets and Liabilities (exclusive of acquisitions):
Accounts receivable
-	-	-	-	-17,984	-113	33,181	17,964	20,799	-11,793	14,897	25,249
Increase (Decrease) in Prepaid Expense and Other Assets
-	-	-	-	-5,171	-48,941	-48,302	58,400	-5,299	8,811	22,052	6,551
Increase (Decrease) in Accounts Payable
-	-	-	-	18,017	16,870	24,168	-706	7,069	-547	10,180	-23,030
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities
-	-	-	-	-77,469	-101,427	-5,120	36,295	15,629	-38,072	45,200	17,404
Increase (Decrease) in Other Operating Assets and Liabilities, Net
-	-	-	-	7,108	-2,451	-7,497	1,523	6,057	-12,868	-18,265	-13,765
Unsettled Purchases of Parent Common Stock
-	-	-	-	-	-	-	-	3,364	-	-	-
Recall Holdings Limited
Accrued Purchase Price and Other Holdbacks (see Note 6)
-	-	-	0	-	-	-	-	-	-	-	-
Fair Value of Stock Issued for Transaction
-	-	-	1,835,026	-	-	-	-	-	-	-	-
FORTRUST
Fair Value of Stock Issued for Transaction
-	-	-	0	0	-	-	-	-	-	-	-