IRON MOUNTAIN INC IRM Cash Flow

Iron mountain inc (IRM)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash Flows from Operating Activities:
Net income (loss)
302,755	268,315	389,768	347,228	340,431	355,131	204,345	162,925	158,369	171,724	213,478	196,954	102,699	107,233	63,648	79,365	146,505	125,203	132,666	110,007	328,376	328,746	362,998	366,899	121,567	99,992	77,737	126,729	138,602	174,048	182,649	166,823	380,953	399,592	396,139	207,397	-3,898	-52,678	-21,480	172,514	218,274	219,379	0	0	0
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
128	104	104	-11,501	-11,989	-12,427	-15,297	-4,750	-6,416	-6,291	-3,696	-597	3,016	3,353	0	0	0	-	-	-	-	-209	-1,622	-2,193	-1,965	831	441	1,044	503	-6,774	-19,440	-38,852	-45,975	-47,439	-60,247	-219,174	-218,588	-219,417	0	0	0	-	-	-	-
Adjustments to reconcile net income (loss) to cash flows from operating activities:
Depreciation
455,412	456,323	451,302	456,140	453,919	452,740	441,726	429,309	420,123	406,283	400,726	398,513	389,728	365,526	342,002	319,124	301,818	301,219	303,178	304,455	304,635	304,557	300,054	294,059	287,474	282,856	281,028	280,757	280,544	280,598	285,913	285,235	287,449	290,638	284,295	285,409	282,802	278,760	252,490	253,964	254,805	253,061	0	0	0
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)
220,035	218,618	214,416	209,693	203,730	202,449	188,521	171,726	152,732	131,055	121,837	119,767	114,410	99,951	82,413	65,607	54,805	53,494	54,306	55,482	56,221	56,595	55,273	51,408	48,049	46,439	44,752	46,476	45,109	42,694	41,032	37,656	36,529	35,179	33,389	32,281	31,414	30,802	21,960	24,622	26,913	29,242	0	0	0
Intangible impairments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue reduction associated with amortization of customer inducements and above- and below-market leases
12,740	13,703	14,268	15,534	16,262	16,281	15,056	13,272	11,759	11,253	11,797	12,023	12,432	12,217	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
33,662	35,654	35,955	36,114	32,302	31,167	30,518	31,000	30,854	30,019	29,959	28,155	28,640	28,976	28,519	28,721	27,614	27,585	27,431	29,943	29,339	29,624	30,467	31,219	31,785	30,354	32,577	27,836	26,270	30,360	25,607	25,328	22,611	17,250	16,586	16,196	17,799	17,274	14,353	15,191	14,865	15,210	0	0	0
(Benefit) provision for deferred income taxes
-2,154	-624	1,103	-745	-2,429	-4,239	-13,835	-30,560	-32,356	-39,355	-56,391	-50,002	-51,742	-50,368	-19,352	-8,287	-10,212	-7,473	-22,696	-37,765	-251,746	-270,790	-419,170	-362,138	-118,746	-99,432	27,380	-17,909	-70,390	-77,201	-53,960	-37,686	1,478	3,389	9,055	37,357	37,226	37,666	30,485	17,595	6,814	30,335	0	0	0
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-993	0	0	0	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Assets and Asset Impairment Charges
65,481	63,824	89,157	80,261	72,402	74,134	298	204	1,437	766	1,940	2,059	906	898	-803	-16	-1,157	-1,941	1,581	185	807	9,447	7,260	7,629	9,185	1,417	-3,540	-2,086	-3,142	-4,400	1,456	1,490	1,103	2,286	2,797	10,515	10,434	10,987	10,310	226	-655	-168	0	0	0
Foreign currency transactions and other, net
26,718	-29,838	40,407	24,397	28,218	16,395	-13,611	-27,492	-74,819	-50,503	-37,286	-34,754	-27,315	-16,624	-20,174	-52,362	-25,503	-44,221	-40,010	-44,110	-44,844	-38,296	-57,177	-15,206	-53,156	-63,648	-46,364	-44,380	-23,969	-11,764	-22,167	-37,708	-31,712	-24,298	-9,163	10,820	7,849	-18,043	-19,680	-20,823	18,896	12,690	0	0	0
(Increase) decrease in assets
7,052	-5,404	35,928	34,363	-5,692	36,054	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Decrease) increase in liabilities
28,932	3,352	17,935	36,025	767	-2,829	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Operating Activities - Continuing Operations
975,003	966,655	959,151	972,469	962,043	936,544	827,507	796,025	693,653	724,259	644,554	657,651	582,272	541,216	0	0	0	-	-	-	-	-	-	-	-	506,593	465,628	439,745	470,328	443,652	524,017	639,156	632,155	663,514	623,668	574,105	587,240	603,229	0	0	0	-	-	-	-
Cash Flows from Operating Activities - Discontinued Operations
0	0	0	-518	-995	-995	-865	-1,405	-2,954	-3,291	-4,382	-829	2,342	2,679	0	0	0	-	-	-	-	-	-	-	-	953	953	-5,298	-5,871	-10,916	-18,800	-54,585	-61,170	-48,076	-32,606	25,994	26,070	21,911	0	0	0	-	-	-	-
Cash Flows from Operating Activities
975,003	966,655	959,151	971,951	961,048	935,549	826,642	794,620	690,699	720,968	640,172	656,822	584,614	543,895	644,257	568,772	617,366	541,760	491,191	457,085	422,819	472,948	474,816	489,246	456,582	507,546	466,581	434,447	464,457	432,736	505,217	584,571	570,985	615,438	591,062	600,099	613,310	625,140	628,057	636,718	620,586	616,911	0	0	0
Cash Flows from Investing Activities:
Payments to Acquire Property, Plant, and Equipment
605,362	692,983	663,723	609,592	549,222	460,062	429,338	395,525	365,534	343,131	326,320	330,145	320,953	328,603	333,697	314,558	296,325	290,249	287,119	312,535	328,844	361,924	359,809	317,800	299,733	287,295	280,093	291,562	280,185	240,683	226,518	217,332	212,863	209,155	217,006	226,966	232,626	258,849	261,846	285,108	294,427	287,917	0	0	0
Payments to Acquire Businesses, Net of Cash Acquired
136,883	58,237	104,045	136,339	369,006	1,758,557	1,736,588	1,848,351	1,636,492	219,705	209,722	53,635	284,812	291,965	361,954	368,397	126,467	113,558	109,702	103,441	103,743	128,093	240,785	310,674	347,955	317,100	141,594	70,636	116,242	125,134	106,295	107,364	49,359	75,246	75,791	77,249	41,464	13,841	12,777	11,834	7,168	1,518	0	0	0
Increase (Decrease) in Restricted Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-33,860	-33,860	-13,860	0	247	247	247	248	-2,999	-2,999	-1,499	-1,498	1,503	1,504	5	5	4	3	2	35,102	0	0	0	-	-	-	-
Acquisition of customer relationships
23,905	46,105	67,738	73,569	74,909	63,577	50,399	57,472	50,596	55,126	50,361	42,274	42,561	31,561	37,159	27,420	33,881	32,611	9,435	13,379	11,778	15,074	20,317	19,992	14,565	11,043	32,068	28,989	30,500	28,872	18,211	18,770	21,818	21,703	20,029	18,810	13,673	13,202	13,631	11,771	10,816	10,741	0	0	0
Customer inducements
-5,523	9,371	10,119	10,702	28,124	8,902	-7,119	-3,432	-4,271	0	16,437	20,256	22,350	19,205	23,644	20,230	19,245	22,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	335	0	0	0	-	-	-	-	-	-	-	-
Contract fulfillment costs and third-party commissions
-46,152	-76,171	-70,778	-67,745	-62,055	-26,208	-18,520	-9,809	-5,314	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from divestments (see Note 13)
-	-	-	-	-	-	-	-	-	29,236	-20,873	-20,873	33,077	30,654	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of property and equipment and other, net
167,284	166,143	167,594	132,784	105,651	86,159	1,113	997	-10,116	9,337	14,717	16,153	7,874	7,977	2,437	1,838	2,031	2,272	28,211	27,683	27,004	44,486	17,989	16,793	20,493	2,084	2,128	2,494	-913	1,457	1,818	6,064	5,918	4,231	8,691	11,604	18,470	22,536	21,102	13,714	7,278	4,591	0	0	0
Cash Flows from Investing Activities - Continuing Operations
-655,900	-735,946	-768,031	-783,366	-979,333	-2,230,128	-2,218,840	-2,299,974	-2,057,157	-599,448	-608,996	-451,030	-629,725	-632,703	0	0	0	-	-	-	-	-	-	-	-	-632,750	-448,628	-388,024	-428,671	-394,064	-353,039	-338,783	-278,412	-302,213	-304,474	-311,882	-269,345	-298,458	0	0	0	-	-	-	-
Cash Flows from Investing Activities - Discontinued Operations
5,061	5,061	13,311	13,311	8,250	8,250	0	0	0	0	96,724	96,622	96,712	96,712	0	0	0	-	-	-	-	-	-	-	-	-4,937	-4,937	-18	-5,005	-6,136	3,482	-1,767	388,879	380,721	359,128	360,267	-28,772	-134,212	0	0	0	-	-	-	-
Cash Flows from Investing Activities
-650,839	-730,885	-754,720	-770,055	-971,083	-2,221,878	-2,218,840	-2,299,974	-2,057,157	-599,448	-512,272	-354,408	-533,013	-535,991	-733,939	-708,587	-487,747	-456,646	-378,513	-395,877	-427,255	-479,978	-622,317	-655,987	-666,082	-637,687	-453,565	-388,042	-433,676	-400,200	-349,557	-340,550	110,467	78,508	54,654	48,385	-298,117	-432,670	-452,972	-476,709	-483,455	-324,066	0	0	0
Cash Flows from Financing Activities:
Repayment of revolving credit facility, term loan facilities and other debt
15,765,644	14,535,115	15,656,659	8,918,265	11,132,725	14,192,139	15,993,706	16,555,075	16,158,003	14,429,695	12,953,215	13,215,742	15,149,573	14,851,440	13,817,681	13,268,942	10,898,827	10,796,873	9,138,725	8,431,910	8,652,281	8,824,711	10,304,693	9,847,352	7,625,996	5,526,672	3,488,759	2,063,165	2,564,521	2,844,693	2,879,909	2,192,163	2,224,165	2,017,174	1,952,650	1,629,840	511,511	101,884	195,760	249,163	240,350	283,318	0	0	0
Proceeds from revolving credit facility, term loan facilities and other debt
15,186,807	14,059,818	15,170,873	9,405,305	11,578,585	15,351,614	16,487,312	17,367,346	16,698,763	13,917,055	12,983,759	12,851,708	14,749,326	14,544,388	14,210,655	13,037,479	10,985,151	10,925,709	9,365,883	8,655,653	8,859,543	9,285,187	10,278,110	10,266,380	8,151,291	5,661,750	3,539,038	1,942,860	2,416,586	2,731,185	2,750,678	2,383,174	2,264,666	2,170,979	2,068,798	1,690,379	654,135	53,567	57,923	57,627	38,585	33,944	0	0	0
Early retirement of senior subordinated and senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	566,352	0	0	0	-	-	-	-	-	-	-	-	231,255	0	0	0	-	-	-	-	-	-	-	-
Debt financing and equity contribution from noncontrolling interests
-	-	-	-	-	-	-	-	-	13,230	13,230	13,230	13,230	1,299	8,889	8,889	8,889	7,590	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt repayment and equity distribution to noncontrolling interests
2,620	1,924	1,952	2,443	2,460	2,523	2,585	2,151	2,150	4,151	4,061	4,001	3,913	1,765	2,061	2,029	2,042	2,016	32,545	19,483	19,275	16,570	-34,017	-21,193	-20,747	-18,236	1,130	969	483	480	583	603	758	698	648	714	396	169	322	469	623	1,064	0	0	0
Stock repurchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,052	474,550	762,035	1,012,035	984,953	566,325	321,969	112,897	111,563	0	0	0	-	-	-	-
Parent cash dividends
707,805	704,526	697,140	689,940	682,652	673,635	652,422	629,658	606,945	439,999	438,389	420,668	403,000	505,871	463,258	435,875	408,900	406,508	688,992	640,666	592,102	542,298	208,789	208,350	207,871	206,798	341,565	336,183	327,327	318,845	179,184	183,543	178,282	172,616	0	0	0	-	-	-	-	-	-	-	-
Net proceeds associated with the Over-Allotment Option
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds (payments) associated with employee stock-based awards
0	-	-	-	0	-	-	-	11,453	13,095	12,163	14,091	29,589	31,922	19,535	16,336	810	7,149	20,922	35,926	46,237	44,290	40,294	20,585	15,076	17,664	32,642	44,112	43,928	40,244	26,183	27,270	77,899	85,742	87,672	78,552	23,539	18,225	16,575	22,424	25,403	24,233	0	0	0
Payment of debt financing and stock issuance costs and other
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds associated with the At the Market (ATM) Program
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess Tax Benefit from Share-based Compensation, Financing Activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	95	96	-252	327	223	266	356	-60	-70	-71	499	2,389	3,235	3,185	2,560	1,045	650	1,116	92	919	917	1,025	2,656	2,252	2,163	4,333	5,600	5,532	0	0	0
Payment of debt financing and stock issuance costs
-	-	-	-	-	16,405	18,065	27,634	24,694	14,793	14,181	7,115	18,676	18,603	19,603	25,079	13,214	14,161	13,355	4,531	4,371	3,846	2,775	8,424	8,659	8,706	8,169	2,879	2,637	2,261	0	0	0	-	-	-	-	-	-	-	0	-	-	-	-
Cash Flows from Financing Activities - Continuing Operations
-312,951	-198,973	-198,996	-208,973	-246,838	550,678	1,268,504	1,400,762	1,489,015	540,425	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	18,564	-165,275	48,065	28,238	28,269	-298,712	-332,464	-686,170	-762,670	-345,326	-723,412	-452,925	-379,711	0	0	0	-	-	-	-
Cash Flows from Financing Activities - Discontinued Operations
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-39	-762	-766	-1,223	-1,138	-1,498	-2,130	-1,665	-1,523	0	0	0	-	-	-	-
Cash Flows from Financing Activities
-312,951	-198,973	-198,996	-208,973	-246,838	550,678	1,268,504	1,400,762	1,489,015	540,425	-274,484	-249,150	142,774	125,373	47,286	239,897	-158,113	-108,511	210,564	-75,439	-32,119	19,857	163,202	51,473	153,491	18,564	-165,275	48,065	28,238	28,230	-299,474	-333,230	-687,393	-763,808	-346,824	-725,542	-454,590	-381,234	-442,509	-138,448	-90,737	-129,692	0	0	0
Effect of Exchange Rates on Cash and Cash Equivalents
-20,004	-8,727	-16,333	-19,119	-24,143	-24,563	-16,516	1,765	24,306	27,270	26,342	766	-16,692	-25,174	-26,235	-14,051	-7,026	-8,015	-14,331	-14,014	-13,746	-7,420	-3,744	1,745	-4,084	-11,312	-10,293	-5,834	-7,313	2,804	-2,482	-11,985	-5,583	-8,986	-2,186	8,003	3,792	801	2,334	2,862	7,197	5,133	0	0	0
(Decrease) increase in Cash and Cash Equivalents
-8,791	28,070	-10,898	-26,196	-281,016	-760,214	-140,210	-102,827	146,863	689,215	-120,242	54,030	177,683	108,103	-68,631	86,031	-35,520	-31,412	308,911	-28,245	-50,301	5,407	11,957	-113,523	-60,093	-122,889	-162,552	88,636	51,706	63,570	-146,296	-101,194	-11,524	-78,848	296,706	-69,055	-135,605	-187,963	-265,090	24,423	53,591	168,286	0	0	0
Supplemental Information:
Cash Paid for Interest
415,858	394,984	407,593	404,238	403,080	388,440	382,097	376,969	391,473	368,468	379,709	338,074	312,202	297,122	267,722	266,648	253,418	259,815	265,692	260,188	261,706	257,599	257,339	246,746	263,995	243,380	253,269	241,024	241,470	231,936	216,087	209,968	194,110	203,035	202,533	220,807	217,759	226,463	227,355	219,112	238,774	216,673	0	0	0
Cash Paid for Income Taxes, Net
60,554	61,691	69,878	68,937	57,342	64,493	85,843	82,434	96,368	104,498	87,806	97,655	103,499	69,866	58,805	47,422	28,669	42,440	76,608	112,705	168,050	167,448	161,721	144,632	126,569	125,624	164,855	203,663	199,560	228,607	175,224	163,227	165,483	147,998	159,401	141,004	150,437	139,072	138,546	118,157	82,677	87,062	0	0	0
Non-Cash Investing and Financing Activities:
Financing Leases (see Note 2.e.)
38,280	32,742	48,154	63,350	77,594	83,948	100,220	143,720	156,325	166,843	152,000	97,881	81,271	74,881	67,482	62,985	63,499	50,083	33,801	36,449	30,878	24,106	18,482	27,529	26,159	48,488	71,712	71,485	72,165	54,518	36,743	27,016	26,550	30,090	30,480	25,295	23,011	30,367	54,479	63,800	71,850	72,120	0	0	0
Accrued Capital Expenditures
67,282	82,345	102,410	100,977	123,207	84,143	81,075	40,643	44,203	71,098	64,876	101,665	84,141	62,691	70,120	61,531	49,716	51,846	46,671	42,003	55,754	47,529	79,218	94,904	88,821	79,153	63,452	49,314	56,390	51,114	41,636	49,329	43,767	43,696	35,462	35,376	33,115	41,222	51,491	48,725	57,303	53,701	0	0	0
Fair Value of Investments Applied to Acquisitions (see Note 4)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Consideration Transferred, Accrued Purchase Price and Other Holdbacks
3,093	4,135	11,434	11,523	36,111	35,218	48,012	46,182	20,242	20,093	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in Assets and Liabilities (exclusive of acquisitions):
Accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	24,026	-	108	-14,787	-6,396	-17,984	-20,570	-17,642	-12,759	-113	4,675	24,522	34,780	33,181	33,452	14,748	16,743	17,964	24,842	9,250	6,772	20,799	7,010	28,893	10,827	-11,793	-20,080	-33,816	-11,952	14,897	0	0	0
Increase (Decrease) in Prepaid Expense and Other Assets
-	-	-	-	-	-	-	-	-	-	-	-	89,397	-	-1,842	39,841	-33,504	-5,171	-26,319	-42,032	-19,464	-48,941	-134,212	-73,937	-48,031	-48,302	100,528	97,077	13,058	58,400	9,390	-39,717	21,488	-5,299	3,989	27,436	-10,036	8,811	27,493	11,341	19,381	22,052	0	0	0
Increase (Decrease) in Accounts Payable
-	-	-	-	-	-	-	-	-	-	-	-	-13,909	-	2,921	1,459	5,078	18,017	20,200	10,676	5,943	16,870	-22,311	705	-11,132	24,168	31,084	10,175	29,959	-706	-7,259	1	10,055	7,069	4,110	19,892	8,253	-547	12,846	9,968	8,447	10,180	0	0	0
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities
-	-	-	-	-	-	-	-	-	-	-	-	70,999	-	67,622	12,130	-11,501	-77,469	-129,863	-138,074	-145,673	-101,427	-27,308	-11,226	-23,835	-5,120	10,702	22,860	14,423	36,295	28,577	18,149	3,744	15,629	-23,451	-57,039	-75,352	-38,072	-33,341	16,916	34,814	45,200	0	0	0
Increase (Decrease) in Other Operating Assets and Liabilities, Net
-	-	-	-	-	-	-	-	-	-	-	-	7,076	-	15,388	10,587	5,219	7,108	8,986	8,719	8,343	-2,451	-13,737	-15,817	-18,832	-7,497	-1,567	1,404	3,509	1,523	615	3,002	6,712	6,057	4,711	4,243	-2,631	-12,868	-20,822	-25,043	-23,668	-18,265	0	0	0
Unsettled Purchases of Parent Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-