MIRA INFORM REPORT
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Report Date : |
14.08.2012 |
IDENTIFICATION DETAILS
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Name : |
IRON MOUNTAIN INCORPORATED |
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Registered Office : |
Fortune 1000 Rank: 675, 745, Atlantic Avenue, Boston, MA 02111 |
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Country : |
United States |
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Financials (as on) : |
31.12.2011 |
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Year of Establishment : |
1951 |
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Legal Form : |
Public Parent Company |
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Line of Business : |
Subject provides information management services |
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No. of Employees : |
17,000 |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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United
States |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Iron Mountain Incorporated
Fortune 1000 Rank: 675
745, Atlantic Avenue
Boston, MA 02111
United States
Tel: 617-535-4766
Fax: 302-636-5454
Toll Free: (800) 935-6966
Web: www.ironmountain.com
Synthesis
Employees: 17,000
Company Type: Public Parent
Corporate Family: 426
Companies
Traded: New
York Stock Exchange: IRM
Incorporation Date: 1951
Auditor: Deloitte & Touche LLP
Financials in: USD (Millions)
Fiscal Year End:
31-Dec-2011
Reporting Currency: US
Dollar
Annual Sales: 3,014.7 1
Net Income: 395.5
Total Assets:
6,041.3 2
Market Value:
5,633.2 (03-Aug-2012)
Business Description
Iron Mountain Incorporated (Iron Mountain) provides information management services. The Company offers management services, data protection and recovery services and information destruction services. It has a diversified customer base consisting of commercial, legal, banking, healthcare, accounting, insurance, entertainment and Government organizations. As of December 31, 2011, Iron Mountain provided services in more than 35 countries on five continents, and operated more than 975 facilities. Its information management services are divided into three service categories: records management services, data protection and recovery services, and information destruction services. It offers both physical services and technology solutions in the records management and data protection and recovery categories. As of December 31, 2011, the Company offered physical services in the information destruction services category. For the six months ended 30 June 2012, Iron Mountain Inc'.s revenues increased 1% to $1.50B. Net income decreased 71% to $93.4M. Revenues reflect an increase in revenue from higher service revenues. Net income was offset by a increase in selling, general and administrative expenses and higher depreciation and amortization expenses. Iron Mountain Inc. provides information management& related services for media.
Industry
Industry Business Services
ANZSIC 2006: 696 - Management
and Related Consulting Services
NACE 2002: 7414 - Business
and management consultancy activities
NAICS 2002: 541611 -
Administrative Management and General Management Consulting Services
UK SIC 2003: 74143 - General
management consultancy activities
US SIC 1987: 8742 - Management
Consulting Services
Key Executives
(Emails Available)
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Name |
Title |
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Richard Reese |
Executive Chairman and Chief Executive Officer |
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Harold E. Ebbighausen |
President, North America |
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Brian P. McKeon |
Chief Financial Officer |
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Jerry Rulli |
Executive Vice President of Worldwide Sales |
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Jack Faer |
Chief Security Officer |
Significant Developments
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* number of significant developments within the last 12 months
News
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Title |
Date |
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Iron Mountain Incorporated Calls 6-5/8%
Notes and 8-3/4% Notes for Redemption |
10-Aug-2012 |
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Event Brief of Q2 2012 Iron Mountain
Incorporated Earnings Conference Call - Final |
9-Aug-2012 |
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Q2 2012 Iron Mountain Incorporated Earnings
Conference Call - Final |
9-Aug-2012 |
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Iron Mountain Incorporated Prices Debt
Offering |
7-Aug-2012 |
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Iron Mountain Incorporated Announces $950
Million Debt Offering |
7-Aug-2012 |
Financial Summary
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Stock Snapshot
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ABI Number: 465565562
1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
Location
745, Atlantic Avenue
Boston, MA, 02111
Suffolk County
United States
Tel: 617-535-4766
Fax: 302-636-5454
Toll Free Tel: (800) 935-6966
Web: www.ironmountain.com
Quote Symbol - Exchange
IRM - New York
Stock Exchange
Sales USD(mil) 3,014.7
Assets USD(mil): 6,041.3
Employees: 17,000
Fiscal Year End: 31-Dec-2011
Industry: Business
Services
Incorporation Date: 1951
Company Type: Public
Parent
Quoted Status: Quoted
Executive Chairman
and Chief Executive Officer: Richard
Reese
Company Web Links
Corporate History/Profile
Employment Opportunities
Executives
Financial Information
Home Page
Investor Relations
News Releases
Products/Services
Contents
Industry Codes
Business Description
Product Codes
Financial Data
Market Data
Key Corporate Relationships
Additional Information
Industry Codes
ANZSIC 2006 Codes:
6240 - Financial Asset Investing
696 - Management and Related Consulting Services
7000 - Computer System Design and Related Services
7212 - Labour Supply Services
NACE 2002 Codes:
72 - Computer and Related Activities
7450 - Labour recruitment and provision of personnel
7415 - Management activities of holding companies
7414 - Business and management consultancy activities
NAICS 2002 Codes:
541512 - Computer Systems Design Services
541611 - Administrative Management and General Management Consulting
Services
551112 - Offices of Other Holding Companies
561320 - Temporary Help Services
US SIC 1987:
6719 - Offices of Holding Companies, Not Elsewhere Classified
7363 - Help Supply Services
7379 - Computer Related Services, Not Elsewhere Classified
8742 - Management Consulting Services
UK SIC 2003:
72 - Computer and Related Activities
7450 - Labour recruitment and provision of personnel
7415 - Management activities of holding companies
74143 - General management consultancy activities
Business
Description
Iron Mountain
Incorporated (Iron Mountain) provides information management services. The
Company offers records management services, data protection and recovery
services and information destruction services. It has a diversified customer
base consisting of commercial, legal, banking, healthcare, accounting,
insurance, entertainment and Government organizations. As of December 31, 2011,
Iron Mountain provided services in more than 35 countries on five continents,
and operated more than 975 facilities. Its information management services are
divided into three service categories: records management services, data protection
and recovery services, and information destruction services. It offers both
physical services and technology solutions in the records management and data
protection and recovery categories. As of December 31, 2011, the Company
offered physical services in the information destruction services category. In
May 2012, the Company acquired records storage firms File House Offsite Record
Storage in Fredericksburg, Va., and Document Systems Inc. in Columbia, S.C. and
offsite data protection provider First National Safe Deposit in the
Philadelphia area.
Records Management Services
The Company’s
records management services include records management program development and
implementation based on best practices to help customers comply with specific
regulatory requirements, implementation of policy-based programs that feature
storage for all major media, including paper, retrieval access and retention
management. Within the records management services category, the Company has
developed specialized services for vital records and regulated industries, such
as healthcare, energy, Government and financial services. Its records
management services consists primarily of the archival storage of records for
long periods of time according to applicable laws, regulations and industry
best practices. Other records management services include its hybrid services,
as well as Compliant Records Management and Consulting Services, Health
Information Management Solutions, IM Entertainment Services, Energy Data
Services, Discovery Services and other ancillary services. Hard copy business
records are typically stored in cartons packed by the customer for long periods
of time with limited activity. For some customers the Company stores individual
files on an open shelf basis and these files are typically more active.
Service and
courier operations are a part of its records management program for all
physical media and include adding records to storage, temporarily removing
records from storage, refiling of removed records, permanently withdrawing
records from storage and destroying records. Courier operations consist
primarily of the pick-up and delivery of records upon customer request. As of
December 31, 2011, the Company utilized a fleet of approximately 3,700 owned or
leased vehicles. Healthcare information services principally include the
handling, storage, filing, processing and retrieval of medical records used by
hospitals, private practitioners and other medical institutions. Medical
records are stored on specialized open shelving systems that provide access to
individual files. Healthcare information services also include recurring
project work and ancillary services. Recurring project work involves the onsite
removal of aged patient files and related computerized file indexing. Ancillary
healthcare information services include release of information (medical record
copying and delivery), temporary staffing, contract coding, facilities
management and imaging.
Vital records
contain critical or irreplaceable data, such as master audio and video
recordings, film and other information, such as energy data. The Company offers
a variety of additional services, which customers may request or contract for
on an individual basis. These services include conducting records inventories,
packing records into cartons or other containers, and creating computerized
indices of files and individual documents. It also provides services for the
management of active records programs. The Company also sells a line of
specially designed corrugated cardboard storage cartons. Other lines of
business that the Company operates include fulfillment services and
professional consulting services. Fulfillment services are performed by its
wholly owned subsidiary, Iron Mountain Fulfillment Services, Inc. (IMFS). IMFS
stores marketing literature and other materials for its customers and delivers
this material to sales offices, trade shows and prospective customers'
locations based on current and prospective customer requests. In addition, IMFS
assembles custom marketing packages and orders and manages and provides
detailed reporting on customer marketing literature inventories. The Company
provides professional consulting services to customers. The Company divested
its Digital Business, including its former wholly owned subsidiaries, Mimosa
Systems, Inc. and Stratify, Inc. and New Zealand operations during the year
ended December 31, 2011.
Data Protection and Recovery Services
The Company’s
data protection and recovery services include disaster preparedness, planning,
support and secure, off-site vaulting of data backup media for data recovery in
the event of a disaster, human error or virus. It provides data protection and
recovery services for both physical and electronic records. Its
technology-based data protection and recovery services include online backup
and recovery solutions for desktop and laptop computers and remote servers.
Since the sale of the Digital Business, the Company offers these
technology-based services primarily through partnerships. Additionally, it
offers technology escrow services to protect and manage source code and other
information. Physical data protection and recovery services consist of the
storage and rotation of backup computer media as part of corporate disaster
recovery. Computer tapes, cartridges and disk packs are transported off-site by
its courier operations on a scheduled basis to secure, climate-controlled
facilities, where they are available to customers around-the- clock, 365 days a
year, to facilitate data recovery in the event of a disaster. Backup tapes are
rotated from its facilities back to the Company’s customers' data centers. It
also manages tape library relocations and support disaster recovery testing and
execution. Online backup is a Web-based service that automatically backs up
computer data from servers or directly from desktop or laptop computers over
the Internet and stores it in data centers.
Information Destruction Services
The Company’s
information destruction services consist of the shredding services. These
services include either the scheduled pick-up of loose office records, which
customers accumulate in specially designed containers the Company provides, or
the shredding of documents stored in records facilities upon the expiration of
their scheduled retention periods. Its information destruction services consist
primarily of physical secure shredding operations. Secure shredding involves
the shredding of sensitive documents for customers that, in many cases, also
use its services for management of archival records. Through a combination of
plant-based shredding operations and mobile shredding units comprised of custom
built trucks, the Company offers secure shredding services to its customers
throughout the United States, Canada, the United Kingdom, Australia and Latin
America.
More Business Descriptions
Iron Mountain
Incorporated (Iron Mountain) provides information management services. The
Company offers records management services, data protection and recovery
services and information destruction services. It has a diversified customer
base consisting of commercial, legal, banking, healthcare, accounting,
insurance, entertainment and Government organizations. As of December 31, 2011,
Iron Mountain provided services in more than 35 countries on five continents,
and operated more than 975 facilities. Its information management services are
divided into three service categories: records management services, data
protection and recovery services, and information destruction services. It
offers both physical services and technology solutions in the records management
and data protection and recovery categories. As of December 31, 2011, the
Company offered physical services in the information destruction services
category. For the six months ended 30 June 2012, Iron Mountain Inc'.s revenues
increased 1% to $1.50B. Net income decreased 71% to $93.4M. Revenues reflect an
increase in revenue from higher service revenues. Net income was offset by a
increase in selling, general and administrative expenses and higher
depreciation and amortization expenses. Iron Mountain Inc. provides information
management& related services for media.
Records
Management, Data Protection & Information Destruction Solutions &
Services
Establishments
primarily engaged in furnishing business services, not elsewhere classified,
such as bondspersons, drafting services, lecture bureaus, notaries public, sign
painting, speakers' bureaus, water softening services, and auctioneering
services, on a commission or fee basis.
Iron Mountain
Incorporated (NYSE:IRM) permet aux organisations du monde entier de reduire
leurs couts et les risques associes a la protection et au stockage
dinformations. La societe propose des solutions completes de protection des
donnees de gestion des enregistrements et de destruction des informations.
Forte de son experience et de ses competences Iron Moutain a toujours su
repondre aux problemes de gestion des informations qui peut entrainer des couts
de stockage eleves des litiges un besoin de conformite aux reglementations et
la gestion de sinistres. Fondee en 1951 Iron Mountain possede plus de 100 000
clients en Amerique du Nord en Europe en Amerique Latine et dans la zone
Pacifique.
Iron Mountain is a
US-based company that provides security and storage services for databases. The
company’s core business operations comprise records management; data
protection and recovery services; and information destruction. It provides data
protection services against natural calamities, human errors, virus attacks and
security breaches.Iron Mountain offers custom made solutions to suit the
requirements of business, industry and public sector clients. The company’s
business solutions comprise document management; records management compliance;
and retention and destruction management. The company’s industry solutions
include financial services, healthcare, global corporations and telecom sector.
The company serves public sector by providing expert recording, managing and
storing services. In addition, it provides outsourced and in-house records
management solutions including records management, document management
solutions, metadata capture/cataloguing, sentencing according to public sector
standards, document imaging, archiving and retrieval, records management
consultancy, off-site data protection and disaster recovery services.The company
conducts its business operations through three reportable segments, namely,
North American Physical Business; International Physical Business; and
Worldwide Digital Business.Iron Mountain’s North American Physical Business
segment provides storage of paper documents including non-electronic media such
as microfilm and microfiche, film, master audio and videotapes, X-rays and
blueprints. It also offers health care information services, key records
services, service and other related courier operations, and the collection,
handling and distribution of respective documents for corporate clients. It
offers storage and backup information services as a part of disaster recovery
plans. It delivers secure shredding services. This segment undertakes the
responsibility of the storage, accumulation and distribution of client’s
marketing literature to sales offices, trade shows and websites. The company
covers the US and Canada through this segment. The North American Physical
Business segment’s revenue increased 3.3% from $2,101.53m in 2009 to
$2,170.81m in 2010. The segment accounted for 69.4% of the total revenue in
2010.The company’s Latin America, Asia Pacific and Europe operating segments
together comprise a single segment called International Physical Business,
based on economic characteristics, products, customers and processes. The
International Physical Business segment’s revenue increased 6.2% from
$682.68m in 2009 to $725.32m in 2010. The segment accounted for 23.2% of the
total revenue in 2010.Iron Mountain’s Worldwide Digital Business offers
information protection and storage services such as hard copy, data protection
and shredding across Europe, South America, Mexico and Asia Pacific. Through
Worldwide Digital Business, the company provides software escrow business and
other technology services such as Digital Record Centers for Images and Medical
Images. This segment’s solutions support the requirements of legal market
with respect to data investigation. In June 2011, the company sold some of its
business lines including backup and recovery, digital archiving and eDiscovery
businesses to Autonomy Corporation plc. The Worldwide Digital Business
segment’s revenue increased 0.9% from $229.39m in 2009 to $231.42m in 2010.
The segment accounted for 7.4% of the total revenue in 2010.The company offers
a broad service portfolio including business records management, health care
information services, vital records services, physical data protection and
recovery services, service and courier operations, secure shredding, document
management solutions, electronic vaulting services, digital archiving services,
discovery services, intellectual property management services and complementary
services and products.The company manages business operations through its
principal subsidiaries in various countries including Chile, France, Australia,
Germany, Peru, India, New Zealand, Poland, Austria, Belgium, Russia, Czech
Republic, Brazil, Hong Kong, Taiwan, Italy, Sri Lanka, Mexico, and England.
Geographically, the company divides its operations into four regions, namely,
United States, United Kingdom, Canada and Other International. For the fiscal
year ended December 2010, United States contributed 68.8% of the total revenue,
followed by Other International with 14.2%, United Kingdom with 9.6% and Canada
with 7.4%.In July 2011, the company signed a Memorandum of Understanding with
GimmalSoft, a provider of Information Lifecycle Solutions to develop a
solution, which can manage both physical documents and electronic files from
within SharePoint 2010. In June 2010, the company and RegistryASP entered into
a co-referral agreement to provide applicants participating in the New Generic
Top-Level Domain (gTLD) Program piloted by the Internet Corporation for
Assigned Names and Numbers (ICANN). The company entered into a co-referral
agreement with Key-Systems, for new generic top-level domains (gTLDs), which
will expand the domain names on the Internet. The company sold its online
backup and recovery, digital archiving and eDiscovery businesses to Autonomy
Corporation plc for a cash consideration of $380m.
Iron Mountain
Incorporated (Iron Mountain) provides information protection and storage
services. It provides records management, data protection and recovery
services, and information destruction solutions. It fulfills the requirements
of over 150,000 clients at corporate level across North America, Europe, Latin
America and the Pacific Rim. It targets customers in various sectors including
commercial, legal, banking, accounting, healthcare, insurance, entertainment
and government organizations. The company conducts its business activities
under three reportable segments, namely, North American Physical Business,
International Physical Business and Worldwide Digital Business. The company has
operations in more than 35 countries on five continents. It operates more than
1,000 record management facilities .The company is headquartered in Boston,
Massachusetts, the US.The company reported revenues of (U.S. Dollars) USD
3,014.70 million during the fiscal year ended December 2011, an increase of
4.23% over 2010. The operating profit of the company was USD 570.21 million
during the fiscal year 2011, an increase of 4.48% over 2010. The net profit of
the company was USD 395.54 million during the fiscal year 2011, whereas the
company reported a net loss of USD 57.59 million during 2010.
Iron Mountain
provides comprehensive records management and data protection solutions for
more than 90,000 corporate clients throughout the world. The company's services
include records management and shredding, data protection and recovery, digital
services, software, intellectual property management, film and sound archiving
and fulfillment services. Its solutions address complex information challenges,
such as rising storage costs, litigation, regulatory compliance and disaster
recovery. Iron Mountain was founded in 1951 and has headquarters in Boston. Its
shares are traded on the New York Stock Exchange under the symbol IRM.
Provider of
records management services. The company provides storage and related services
for all major media, including paper, computer disks and tapes, microfilm and
microfiche, master audio- and videotapes, film and optical disks, x-rays, and
blueprints. The company's principal services include courier pick-up and
delivery, filling and retrieval, destruction of records, database management
,and customized reporting. Parent/holding company with a high-tech operating
unit involved in software consulting services.
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Credit Report as of 12/01/2011
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Location |
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745 Atlantic Ave |
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County: |
Suffolk |
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MSA: |
Boston, MA |
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Phone: |
617-535-4766 |
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Fax: |
617-350-7881 |
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URL: |
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ABI©: |
465565562 |
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Annual Sales: |
$3,014,703,000 (USD) |
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Employees: |
17,000 |
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Facility Size(ft2): |
40,000+ |
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Facility Own/Lease: |
Lease |
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Business Type: |
Public |
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Location Type: |
Headquarter |
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Ticker: |
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Exchange: |
NYSE |
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Primary Line of
Business: |
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SIC: |
7389-23 - Business Records & Documents-Storage |
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NAICS: |
561499 - All Other Business Support Svcs |
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Secondary Lines of
Business: |
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SICs: |
4225-01 - Storage |
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7299-84 - Bill Paying Service |
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7374-09 - Computer Data Storage |
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7389-90 - Paper-Shredded |
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8742-13 - Marketing Programs & Services |
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8999-53 - Information Management |
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9999-66 - Federal Government Contractors |
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NAICS: |
561990 - All Other Support Svcs |
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541613 - Marketing Consulting Svcs |
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493110 - General Warehousing & Storage |
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541512 - Computer Systems Design Svcs |
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518210 - Data Processing & Related Svcs |
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812990 - All Other Personal Svcs |
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Corporate Family |
Corporate
Structure News: |
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Iron Mountain Incorporated |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Boston, MA |
United States |
Business Services |
3,014.7 |
17,000 |
|
|
Branch |
Royersford, PA |
United States |
Business Services |
65.0 |
500 |
|
|
Subsidiary |
Southborough, MA |
United States |
Retail (Technology) |
137.2 |
400 |
|
|
Subsidiary |
Alcobendas, Madrid |
Spain |
Software and Programming |
19.4 |
250 |
|
|
Subsidiary |
Hamburg, Hamburg |
Germany |
Computer Services |
30.9 |
220 |
|
|
Branch |
West Chester, OH |
United States |
Business Services |
26.0 |
200 |
|
|
Subsidiary |
Roma, Roma |
Italy |
Software and Programming |
14.6 |
199 |
|
|
Subsidiary |
Saint John, NB |
Canada |
Business Services |
26.5 |
150 |
|
|
Branch |
East Brunswick, NJ |
United States |
Business Services |
19.5 |
150 |
|
|
Branch |
Boyers, PA |
United States |
Business Services |
19.5 |
150 |
|
|
Subsidiary |
Rotterdam |
Netherlands |
Computer Services |
|
150 |
|
|
Subsidiary |
Morangis |
France |
Miscellaneous Transportation |
36.1 |
149 |
|
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Branch |
Port Ewen, NY |
United States |
Business Services |
18.2 |
140 |
|
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Subsidiary |
Southborough, MA |
United States |
Software and Programming |
|
120 |
|
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Branch |
Chicago, IL |
United States |
Business Services |
13.0 |
100 |
|
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Branch |
Sharon Hill, PA |
United States |
Business Services |
13.0 |
100 |
|
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Subsidiary |
Budapest |
Hungary |
Business Services |
|
100 |
|
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Subsidiary |
Laval, QC |
Canada |
Nonclassifiable Industries |
|
100 |
|
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Branch |
Pennsauken, NJ |
United States |
Business Services |
11.1 |
85 |
|
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Branch |
Hanover Park, IL |
United States |
Business Services |
10.4 |
80 |
|
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Branch |
Cleveland, OH |
United States |
Business Services |
10.4 |
80 |
|
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Branch |
Livonia, MI |
United States |
Business Services |
9.1 |
70 |
|
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Branch |
Houston, TX |
United States |
Business Services |
6.6 |
70 |
|
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Branch |
Cerritos, CA |
United States |
Business Services |
3.2 |
65 |
|
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Branch |
New Orleans, LA |
United States |
Business Services |
7.8 |
60 |
|
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Branch |
Livermore, CA |
United States |
Business Services |
2.9 |
60 |
|
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Branch |
Cranberry Twp, PA |
United States |
Business Services |
7.7 |
59 |
|
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Branch |
San Antonio, TX |
United States |
Business Services |
7.2 |
55 |
|
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Subsidiary |
Milpitas, CA |
United States |
Advertising |
22.5 |
50 |
|
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Branch |
Cranbury, NJ |
United States |
Advertising |
9.5 |
45 |
|
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Branch |
Batavia, IL |
United States |
Advertising |
6.3 |
30 |
|
|
Branch |
Austell, GA |
United States |
Advertising |
4.6 |
22 |
|
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Branch |
Austin, TX |
United States |
Advertising |
3.2 |
15 |
|
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Branch |
Rancho Cucamonga, CA |
United States |
Advertising |
0.6 |
3 |
|
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Branch |
Norcross, GA |
United States |
Miscellaneous Financial Services |
10.5 |
50 |
|
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Branch |
Eagan, MN |
United States |
Business Services |
10.0 |
50 |
|
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Branch |
Jessup, MD |
United States |
Business Services |
6.5 |
50 |
|
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Branch |
Denver, CO |
United States |
Business Services |
6.5 |
50 |
|
|
Branch |
Milwaukee, WI |
United States |
Business Services |
6.5 |
50 |
|
|
Branch |
Austin, TX |
United States |
Business Services |
6.5 |
50 |
|
|
Branch |
St Louis, MO |
United States |
Business Services |
6.5 |
50 |
|
|
Branch |
Portland, OR |
United States |
Business Services |
6.5 |
50 |
|
|
Branch |
Ironton, MO |
United States |
Business Services |
5.5 |
42 |
|
|
Branch |
Roxbury, MA |
United States |
Business Services |
9.6 |
40 |
|
|
Branch |
Bensenville, IL |
United States |
Business Services |
5.2 |
40 |
|
|
Branch |
Union City, CA |
United States |
Business Services |
5.2 |
40 |
|
|
Branch |
Urbandale, IA |
United States |
Business Services |
5.2 |
40 |
|
|
Branch |
Wixom, MI |
United States |
Business Services |
5.2 |
40 |
|
|
Branch |
Milwaukee, WI |
United States |
Business Services |
5.2 |
40 |
|
|
Branch |
Sandston, VA |
United States |
Business Services |
5.2 |
40 |
|
|
Branch |
Lewisville, TX |
United States |
Business Services |
5.2 |
40 |
|
|
Branch |
Rochester, NY |
United States |
Business Services |
4.8 |
37 |
|
|
Subsidiary |
Grimbergen |
Belgium |
Computer Services |
10.0 |
36 |
|
|
Branch |
Kingston, NY |
United States |
Business Services |
4.6 |
35 |
|
|
Branch |
San Antonio, TX |
United States |
Business Services |
4.6 |
35 |
|
|
Branch |
San Diego, CA |
United States |
Business Services |
4.6 |
35 |
|
|
Branch |
Indianapolis, IN |
United States |
Business Services |
4.6 |
35 |
|
|
Branch |
Columbia, MD |
United States |
Business Services |
4.6 |
35 |
|
|
Subsidiary |
Tananger |
Norway |
Computer Services |
11.3 |
34 |
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
4.8 |
50 |
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Transportation |
308.1 |
1,994 |
|
|
UK Branch/Trading address |
Hemel Hempstead |
United Kingdom |
Computer Services |
308.1 |
25 |
|
|
UK Branch/Trading address |
Bristol |
United Kingdom |
Miscellaneous Transportation |
308.1 |
22 |
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
UK Branch/Trading address |
Luton |
United Kingdom |
Nonclassifiable Industries |
|
45 |
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Pruskow |
Poland |
Computer Services |
|
500 |
|
|
Subsidiary |
Belvedere |
United Kingdom |
Motion Pictures |
|
|
|
|
UK Branch/Trading address |
Heywood |
United Kingdom |
Miscellaneous Transportation |
|
12 |
|
|
Subsidiary |
Piacenza |
Italy |
Computer Services |
|
|
|
|
Subsidiary |
Bratislava |
Slovakia |
Computer Services |
|
|
|
|
Branch |
Charlotte, NC |
United States |
Business Services |
4.3 |
33 |
|
|
Branch |
Elk Grove, CA |
United States |
Business Services |
4.2 |
32 |
|
|
Branch |
Sunrise, FL |
United States |
Computer Services |
5.8 |
31 |
|
|
Subsidiary |
Coquitlam, BC |
Canada |
Miscellaneous Capital Goods |
10.4 |
30 |
|
|
Branch |
Milwaukee, WI |
United States |
Business Services |
3.9 |
30 |
|
|
Branch |
Las Vegas, NV |
United States |
Business Services |
3.9 |
30 |
|
|
Branch |
Dublin, OH |
United States |
Business Services |
3.9 |
30 |
|
|
Branch |
Phoenix, AZ |
United States |
Business Services |
3.9 |
30 |
|
|
Branch |
South Gate, CA |
United States |
Business Services |
3.9 |
30 |
|
|
Branch |
Albuquerque, NM |
United States |
Business Services |
3.9 |
30 |
|
|
Branch |
Norfolk, VA |
United States |
Business Services |
3.9 |
30 |
|
|
Branch |
Los Angeles, CA |
United States |
Business Services |
3.9 |
30 |
|
|
Branch |
Ambridge, PA |
United States |
Business Services |
2.8 |
30 |
|
|
Branch |
Compton, CA |
United States |
Business Services |
3.8 |
29 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
3.5 |
27 |
|
|
Subsidiary |
Irvine, CA |
United States |
Software and Programming |
|
27 |
|
|
Branch |
New York, NY |
United States |
Retail (Technology) |
0.3 |
1 |
|
|
Branch |
Rocky Hill, CT |
United States |
Business Services |
3.3 |
25 |
|
|
Branch |
Atlanta, GA |
United States |
Business Services |
3.3 |
25 |
|
|
Branch |
Ashland, VA |
United States |
Business Services |
3.3 |
25 |
|
|
Branch |
Louisville, KY |
United States |
Business Services |
3.3 |
25 |
|
|
Branch |
North Scituate, RI |
United States |
Business Services |
3.3 |
25 |
|
|
Branch |
Obetz, OH |
United States |
Business Services |
3.3 |
25 |
|
|
Branch |
Hazelwood, MO |
United States |
Business Services |
3.3 |
25 |
|
|
Branch |
Buffalo, NY |
United States |
Business Services |
3.3 |
25 |
|
|
Branch |
Charlotte, NC |
United States |
Business Services |
3.1 |
24 |
|
|
Branch |
Foothill Ranch, CA |
United States |
Business Services |
2.6 |
20 |
|
|
Branch |
Simi Valley, CA |
United States |
Business Services |
2.6 |
20 |
|
|
Branch |
Tampa, FL |
United States |
Business Services |
2.6 |
20 |
|
|
Branch |
Orangeburg, NY |
United States |
Business Services |
2.6 |
20 |
|
|
Subsidiary |
Antioch, TN |
United States |
Business Services |
|
20 |
|
|
Branch |
Sacramento, CA |
United States |
Motion Pictures |
0.9 |
3 |
|
|
Branch |
Felton, CA |
United States |
Business Services |
0.4 |
3 |
|
|
Subsidiary |
Neu-Isenburg, Hessen |
Germany |
Computer Services |
|
20 |
|
|
Branch |
Franklin, MA |
United States |
Business Services |
2.3 |
18 |
|
|
Branch |
Lakeland, FL |
United States |
Business Services |
2.3 |
18 |
|
|
Branch |
Lancaster, PA |
United States |
Business Services |
2.1 |
16 |
|
|
Branch |
Grand Rapids, MI |
United States |
Business Services |
1.5 |
16 |
|
|
Subsidiary |
Victoria |
Australia |
Computer Services |
6.7 |
15 |
|
|
Branch |
Chester, NY |
United States |
Business Services |
2.0 |
15 |
|
|
Branch |
Tracy, CA |
United States |
Business Services |
2.0 |
15 |
|
|
Branch |
Beaverton, OR |
United States |
Business Services |
2.0 |
15 |
|
|
Subsidiary |
Paris |
France |
Computer Services |
3.3 |
14 |
|
|
Branch |
Tangent, OR |
United States |
Business Services |
1.8 |
14 |
|
|
Branch |
Morrisville, NC |
United States |
Business Services |
1.8 |
14 |
|
|
Branch |
Oklahoma City, OK |
United States |
Business Services |
1.7 |
13 |
|
|
Branch |
El Paso, TX |
United States |
Business Services |
1.7 |
13 |
|
|
Branch |
Southaven, MS |
United States |
Furniture and Fixtures |
7.7 |
12 |
|
|
Branch |
Panorama City, CA |
United States |
Business Services |
2.9 |
12 |
|
|
Branch |
Resrch Trngle Pk, NC |
United States |
Business Services |
1.6 |
12 |
|
|
Branch |
Nashville, TN |
United States |
Business Services |
1.6 |
12 |
|
|
Branch |
Miami, FL |
United States |
Business Services |
1.6 |
12 |
|
|
Branch |
Austin, TX |
United States |
Business Services |
1.6 |
12 |
|
|
Branch |
Moonachie, NJ |
United States |
Business Services |
1.6 |
12 |
|
|
Branch |
Mohnton, PA |
United States |
Business Services |
1.6 |
12 |
|
|
Subsidiary |
Columbia, SC |
United States |
Miscellaneous Transportation |
|
12 |
|
|
Branch |
Sacramento, CA |
United States |
Software and Programming |
1.7 |
11 |
|
|
Branch |
East Peoria, IL |
United States |
Business Services |
1.4 |
11 |
|
|
Branch |
Roanoke, VA |
United States |
Miscellaneous Transportation |
1.4 |
11 |
|
|
Branch |
Grove City, OH |
United States |
Business Services |
1.3 |
10 |
|
|
Branch |
Tulsa, OK |
United States |
Business Services |
1.3 |
10 |
|
|
Branch |
Hicksville, NY |
United States |
Business Services |
1.3 |
10 |
|
|
Branch |
Wellford, SC |
United States |
Business Services |
1.3 |
10 |
|
|
Branch |
Las Vegas, NV |
United States |
Business Services |
1.3 |
10 |
|
|
Branch |
Wellford, SC |
United States |
Business Services |
1.3 |
10 |
|
|
Branch |
Burlington, MA |
United States |
Business Services |
1.3 |
10 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
1.3 |
10 |
|
|
Branch |
Gainesville, FL |
United States |
Business Services |
1.2 |
9 |
|
|
Branch |
Springfield, MI |
United States |
Business Services |
1.2 |
9 |
|
|
Branch |
Florence, SC |
United States |
Business Services |
1.2 |
9 |
|
|
Branch |
Morrisville, NC |
United States |
Biotechnology and Drugs |
|
9 |
|
|
Subsidiary |
Jenkintown, PA |
United States |
Consumer Financial Services |
2.0 |
8 |
|
|
Branch |
Kent, WA |
United States |
Business Services |
1.0 |
8 |
|
|
Branch |
Dallas, TX |
United States |
Furniture and Fixtures |
4.5 |
7 |
|
|
Branch |
Houston, TX |
United States |
Furniture and Fixtures |
4.5 |
7 |
|
|
Branch |
Waterbury, CT |
United States |
Furniture and Fixtures |
4.5 |
7 |
|
|
Branch |
Arlington, TX |
United States |
Furniture and Fixtures |
4.5 |
7 |
|
|
Branch |
Kansas City, MO |
United States |
Furniture and Fixtures |
4.5 |
7 |
|
|
Subsidiary |
Morangis |
France |
Miscellaneous Financial Services |
2.1 |
7 |
|
|
Subsidiary |
La Meziere |
France |
Miscellaneous Financial Services |
3.8 |
74 |
|
|
Branch |
Scarborough, ME |
United States |
Business Services |
0.9 |
7 |
|
|
Branch |
Chesapeake, VA |
United States |
Business Services |
0.9 |
7 |
|
|
Branch |
North Las Vegas, NV |
United States |
Business Services |
0.9 |
7 |
|
|
Branch |
Jacksonville, FL |
United States |
Business Services |
0.9 |
7 |
|
|
Branch |
Jacksonville, FL |
United States |
Business Services |
0.9 |
7 |
|
|
Branch |
Cheney, WA |
United States |
Business Services |
0.9 |
7 |
|
|
Branch |
Chicago, IL |
United States |
Business Services |
0.9 |
7 |
|
|
Branch |
Colorado Springs, CO |
United States |
Miscellaneous Transportation |
0.9 |
7 |
|
|
Branch |
Chippewa Falls, WI |
United States |
Miscellaneous Transportation |
0.9 |
7 |
|
|
Branch |
Houston, TX |
United States |
Miscellaneous Transportation |
0.9 |
7 |
|
|
Branch |
Kernersville, NC |
United States |
Miscellaneous Transportation |
0.9 |
7 |
|
|
Branch |
Orlando, FL |
United States |
Miscellaneous Capital Goods |
3.3 |
6 |
|
|
Branch |
Baltimore, MD |
United States |
Retail (Technology) |
2.1 |
6 |
|
|
Branch |
Dallas, TX |
United States |
Miscellaneous Capital Goods |
1.6 |
6 |
|
|
Branch |
Houston, TX |
United States |
Miscellaneous Capital Goods |
1.6 |
6 |
|
|
Branch |
Houston, TX |
United States |
Miscellaneous Capital Goods |
1.6 |
6 |
|
|
Branch |
Raytown, MO |
United States |
Miscellaneous Capital Goods |
1.6 |
6 |
|
|
Branch |
St Louis, MO |
United States |
Miscellaneous Capital Goods |
1.6 |
6 |
|
|
Branch |
Butler, PA |
United States |
Miscellaneous Capital Goods |
1.6 |
6 |
|
|
Branch |
Atlanta, GA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Caldwell, NJ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Laurel, MD |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Flint, MI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Norwalk, CT |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Bradenton, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Newark, NJ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Southborough, MA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
St Louis, MO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Southfield, MI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Mine Hill, NJ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Collegeville, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Vancouver, WA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Disputanta, VA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Carrollton, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Pottstown, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Oakland, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Miami, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Chicago, IL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
San Jose, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Indianapolis, IN |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Tampa, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Detroit, MI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Sterling, VA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Dallas, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Northborough, MA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Albany, NY |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
St Louis, MO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Tucson, AZ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
San Jose, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Essex Junction, VT |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Reno, NV |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Uxbridge, MA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Austin, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Des Moines, IA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Middlebury, CT |
United States |
Business Services |
0.8 |
6 |
|
|
Subsidiary |
Allentown, PA |
United States |
Business Services |
8.5 |
65 |
|
|
Subsidiary |
Boynton Beach, FL |
United States |
Business Services |
5.2 |
40 |
|
|
Branch |
Denver, CO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Denver, CO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Minneapolis, MN |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Vernon, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Sharon Hill, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Somerset, NJ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Granite Falls, WA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Jacksonville, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Maryland Heights, MO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Milton, NH |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Wilmington, DE |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Feura Bush, NY |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Newark, NJ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Savage, MD |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Grand Prairie, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Carrollton, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Seattle, WA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Fairfield, OH |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Pflugerville, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Anaheim, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Tampa, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Wilsonville, OR |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Coatesville, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
West Chester, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
San Rafael, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
San Diego, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Pomona, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Syracuse, NY |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Warren, MI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
West Salem, WI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Charleston, SC |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Austin, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Washington, DC |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
South River, NJ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
National City, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Kent, WA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Milwaukee, WI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Louisville, KY |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Iowa City, IA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Huntersville, NC |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Kent, WA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Earth City, MO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Blythewood, SC |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Atlanta, GA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Kansas City, MO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Pico Rivera, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Tampa, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Farmington Hills, MI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Atlanta, GA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Middletown, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Sterling Heights, MI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Warren, MI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Pittsburgh, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Folcroft, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
West Palm Beach, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Tukwila, WA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Cleveland, OH |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Jessup, MD |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Louisville, KY |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Richmond, VA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Shawnee Mission, KS |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Fort Lauderdale, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Kent, WA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Minneapolis, MN |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Sarasota, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Greenville, SC |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Lees Summit, MO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Desert Hot Spgs, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Denver, CO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Richmond, VA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Kansas City, MO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Jessup, MD |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Darby, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
New Haven, CT |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Ann Arbor, MI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Harrison, OH |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Irvine, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Boulder, CO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Fremont, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
El Paso, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Kingston, NY |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Cleveland, OH |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Bronx, NY |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Kalamazoo, MI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Fairfield, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Fort Worth, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Winston Salem, NC |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Denver, CO |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Kenvil, NJ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
North Billerica, MA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Tracy, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Indianapolis, IN |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Springfield, VA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Charlotte, NC |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Mine Hill, NJ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Charleston, SC |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Neenah, WI |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Provo, UT |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Santa Barbara, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Orlando, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Phoenix, AZ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Tempe, AZ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Minneapolis, MN |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Indianapolis, IN |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
San Diego, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Fort Wayne, IN |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Oakland, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Orlando, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Newport Beach, CA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Bristol, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Port Allen, LA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Cary, NC |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Omaha, NE |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Boca Raton, FL |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Pittsburgh, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Atlanta, GA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
York, PA |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Phoenix, AZ |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Syracuse, NY |
United States |
Business Services |
0.8 |
6 |
|
|
Branch |
Asheville, NC |
United States |
Miscellaneous Transportation |
0.8 |
6 |
|
|
Branch |
Schaumburg, IL |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Hollywood, FL |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
La Crosse, WI |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Memphis, TN |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Lemoyne, PA |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Birmingham, AL |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Greenville, WI |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Wilmington, DE |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Baton Rouge, LA |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Cape Girardeau, MO |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Bensalem, PA |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Norcross, GA |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Alexandria, VA |
United States |
Business Services |
0.6 |
6 |
|
|
Branch |
Melbourne, FL |
United States |
Miscellaneous Fabricated Products |
2.9 |
5 |
|
|
Branch |
Largo, FL |
United States |
Business Services |
0.7 |
5 |
|
|
Branch |
Midland, TX |
United States |
Business Services |
0.7 |
5 |
|
|
Branch |
Greenville, SC |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
San Fernando, CA |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
Covina, CA |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
Durham, NC |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
Huntington Beach, CA |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
Chula Vista, CA |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
Vallejo, CA |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
Long Beach, CA |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
Rosemead, CA |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
Pasadena, CA |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
El Cajon, CA |
United States |
Business Services |
0.2 |
5 |
|
|
Branch |
Florence, AZ |
United States |
Computer Services |
0.7 |
4 |
|
|
Branch |
Pico Rivera, CA |
United States |
Business Services |
0.7 |
4 |
|
|
Branch |
Sarasota, FL |
United States |
Business Services |
0.7 |
4 |
|
|
Branch |
National City, CA |
United States |
Healthcare Facilities |
0.6 |
4 |
|
|
Branch |
Long Island City, NY |
United States |
Business Services |
0.5 |
4 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
0.5 |
4 |
|
|
Branch |
Lawrence, MA |
United States |
Business Services |
0.5 |
4 |
|
|
Branch |
Richmond, VA |
United States |
Construction Services |
1.6 |
3 |
|
|
Branch |
Davenport, IA |
United States |
Miscellaneous Capital Goods |
0.8 |
3 |
|
|
Branch |
Richland Hills, TX |
United States |
Miscellaneous Capital Goods |
0.8 |
3 |
|
|
Branch |
Vernon, CA |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Jersey City, NJ |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Jacksonville, FL |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Charlotte, NC |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Miami, FL |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Jacksonville, FL |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Allentown, PA |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Freehold, NJ |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Goodlettsville, TN |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Elkins, WV |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Suffield, CT |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Antioch, TN |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
San Francisco, CA |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Jacksonville, FL |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Knoxville, TN |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Reston, VA |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Lumberton, NC |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Reading, PA |
United States |
Business Services |
0.4 |
3 |
|
|
Branch |
Nashville, TN |
United States |
Miscellaneous Transportation |
0.4 |
3 |
|
|
Branch |
Buffalo, NY |
United States |
Business Services |
0.3 |
3 |
|
|
Branch |
Los Angeles, CA |
United States |
Business Services |
0.3 |
3 |
|
|
Branch |
Fort Myers, FL |
United States |
Real Estate Operations |
0.4 |
2 |
|
|
Branch |
Mine Hill, NJ |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Greensboro, NC |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Atlanta, GA |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Lebanon, PA |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Liverpool, NY |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Charlotte, NC |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Denver, CO |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Dighton, MA |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Mariposa, CA |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Laurel, MD |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Baltimore, MD |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Vernon, CA |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Burien, WA |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Lombard, IL |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Poughkeepsie, NY |
United States |
Business Services |
0.3 |
2 |
|
|
Branch |
Sonoma, CA |
United States |
Business Services |
0.1 |
2 |
|
|
Branch |
Chantilly, VA |
United States |
Business Services |
0.1 |
1 |
|
|
Branch |
Dallas, TX |
United States |
Business Services |
0.1 |
1 |
|
|
Branch |
Detroit, MI |
United States |
Business Services |
0.1 |
1 |
|
|
Branch |
Houston, TX |
United States |
Business Services |
0.1 |
1 |
|
|
Branch |
Tahoe City, CA |
United States |
Business Services |
0.1 |
1 |
|
|
Branch |
Boynton Beach, FL |
United States |
Business Services |
0.1 |
1 |
|
|
Subsidiary |
Dublin |
Ireland |
S&Ls/Savings Banks |
0.1 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Software and Programming |
21.1 |
129 |
|
|
Subsidiary |
Dublin |
Ireland |
Computer Services |
2.9 |
23 |
|
|
Subsidiary |
Dublin |
Ireland |
Business Services |
0.1 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Miscellaneous Capital Goods |
3.1 |
22 |
|
|
Subsidiary |
Tokyo |
Japan |
Computer Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
|
|
|
|
|
|
Executive report
|
Board of Directors |
|
|
|
|
|||||||||||||
|
Executive Chairman and Chief Executive Officer |
Chairman |
|
|||||||||||||
|
||||||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Lead Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Director |
Director/Board Member |
|
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||||||
|
||||||||||||||||
|
Executives |
|
|
|
|
|||||||||||||
|
Executive Chairman and
Chief Executive Officer |
Chief Executive Officer |
|
|||||||||||||
|
||||||||||||||||
|
President, North America |
President |
|
|
||||||||||||
|
||||||||||||||||
|
Principal Business |
President |
|
|
||||||||||||
|
||||||||||||||||
|
President - Iron Mountain International |
Division Head Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Imaging Operations Manager |
Operations Executive |
|
|
||||||||||||
|
Director, Transportation Operations |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
Operations Manager |
Operations Executive |
|
|
||||||||||||
|
Operations Manager |
Operations Executive |
|
|
||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
Operations Manager L1 (Level 1) |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
Operations Manager L2 (Level 2) |
Operations Executive |
|
|
||||||||||||
|
Operations Manager |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Operations Manager L1 (Level 1) |
Operations Executive |
|
|
||||||||||||
|
Vice President Operations |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President of Operations Metro Dc |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director, Business Operations - Transporation |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President of Sales Operations |
Operations Executive |
|
|
||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President Operations |
Operations Executive |
|
|
||||||||||||
|
Manager Imaging Operations |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Operations Manager - Territory |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
Sale Operations Admin |
Operations Executive |
|
|
||||||||||||
|
Operations Specialist |
Operations Executive |
|
|
||||||||||||
|
Operations Manager |
Operations Executive |
|
|
||||||||||||
|
Operations Manager L1 (Level 1) |
Operations Executive |
|
|
||||||||||||
|
Operations Manager - Territory |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Operations Manager |
Operations Executive |
|
|
||||||||||||
|
Operations Supervisor |
Operations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Operations Supervisor, Operations |
Operations Executive |
|
|
||||||||||||
|
Human Resources Administrator - Corporate |
Administration Executive |
|
|
||||||||||||
|
Contracts Administrator |
Administration Executive |
|
|
||||||||||||
|
Senior Benefits Administrator |
Administration Executive |
|
|
||||||||||||
|
Senior Database Administrator |
Administration Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Manager Finance and Admin - Iron Mountain
Information Management India Pvt Ltd |
Administration Executive |
|
|
||||||||||||
|
System Administrator, Territory |
Administration Executive |
|
|
||||||||||||
|
Senior Benefits Administrator - Benefits Service Center |
Administration Executive |
|
|
||||||||||||
|
Manager of Security |
Security |
|
|
||||||||||||
|
Finance Manager |
Finance Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President Finance |
Finance Executive |
|
|
||||||||||||
|
Director Financial Systems |
Finance Executive |
|
|
||||||||||||
|
Manager, Account Services |
Accounting Executive |
|
|
||||||||||||
|
Director, Enterprise Accounts |
Accounting Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director Accounts Payable Solutions |
Accounting Executive |
|
|
||||||||||||
|
Manager Account Services |
Accounting Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager Internal Audit |
Accounting Executive |
|
|
||||||||||||
|
Manager Account Services, Manager, Account Services |
Accounting Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Service Manager |
Accounting Executive |
|
|
||||||||||||
|
Information Technology Audit Manager |
Accounting Executive |
|
|
||||||||||||
|
Manager, Healthcare Accounts Ohio Valley Region |
Accounting Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Accounts Payable Representative |
Accounting Executive |
|
|
||||||||||||
|
Director, North American Accounting |
Accounting Executive |
|
|
||||||||||||
|
Compliant Records Management, Strategic Accounts |
Accounting Executive |
|
|
||||||||||||
|
Legal Accounts Manager |
Accounting Executive |
|
|
||||||||||||
|
Manager, Account Services, Multi-City |
Accounting Executive |
|
|
||||||||||||
|
Account Service Manager |
Accounting Executive |
|
|
||||||||||||
|
Manager, Account Services |
Accounting Executive |
|
|
||||||||||||
|
Account Service Manager |
Accounting Executive |
|
|
||||||||||||
|
Director of Corporate Accounting |
Accounting Executive |
|
|
||||||||||||
|
Manager Healthcare Accounts Ct |
Accounting Executive |
|
|
||||||||||||
|
Director of Strategic Account |
Accounting Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director, Accounting |
Accounting Executive |
|
|
||||||||||||
|
Director, Enterprise Accounts - Iron Mountain Records
Management |
Accounting Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director, International Tax |
Corporate Tax Executive |
|
|
||||||||||||
|
Manager, Tax |
Corporate Tax Executive |
|
|
||||||||||||
|
Equity Compensation Analyst |
Benefits & Compensation Executive |
|
|
||||||||||||
|
Senior Compensation Analyst |
Benefits & Compensation Executive |
|
|
||||||||||||
|
Senior Benefits Specialist |
Benefits & Compensation Executive |
|
|
||||||||||||
|
Director Human Resources, Northern Area |
Human Resources Executive |
|
|
||||||||||||
|
Executive Vice President-Human Resources |
Human Resources Executive |
|
|
||||||||||||
|
Senior Facilitator Human Resources |
Human Resources Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Human Resources Manager |
Human Resources Executive |
|
|
||||||||||||
|
Recruiter |
Human Resources Executive |
|
|
||||||||||||
|
Human Resources Manager, Great Plains Territory |
Human Resources Executive |
|
|
||||||||||||
|
Implementation Manager, Customer, North America |
Human Resources Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Human Resources |
Human Resources Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Southern Area Recruiter |
Human Resources Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Human Resources |
Human Resources Executive |
|
|
||||||||||||
|
Manager, Training Delivery |
Training Executive |
|
|
||||||||||||
|
Training Consultant |
Training Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director Customer Service |
Customer Service Executive |
|
|
||||||||||||
|
Customer Service Associate |
Customer Service Executive |
|
|
||||||||||||
|
Customer Service Manager |
Customer Service Executive |
|
|
||||||||||||
|
Manager, Client Services, Information Technology |
Customer Service Executive |
|
|
||||||||||||
|
Director Client Services |
Customer Service Executive |
|
|
||||||||||||
|
Director Customer Service |
Customer Service Executive |
|
|
||||||||||||
|
Customer Service Associate, North America |
Customer Service Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director Customer Service |
Customer Service Executive |
|
|
||||||||||||
|
Director Customer Service |
Customer Service Executive |
|
|
||||||||||||
|
Director Customer Service |
Customer Service Executive |
|
|
||||||||||||
|
Customer Service Associate, North America |
Customer Service Executive |
|
|
||||||||||||
|
Customer Service Supervisor |
Customer Service Executive |
|
|
||||||||||||
|
Director - Client Services |
Customer Service Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Customer Service Associate, North America |
Customer Service Executive |
|
|
||||||||||||
|
Director Customer Service |
Customer Service Executive |
|
|
||||||||||||
|
Vice President Customer Service |
Customer Service Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Healthcare Account Executive |
Sales Executive |
|
|
||||||||||||
|
Sales Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Solutions Sales Representative, Ipm |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Inside Solutions Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Vice President, Sales |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director, Salesforce.Com Technology |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Dp and Digital |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Manager |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Solutions Sales Representative, Rm |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Inside Solutions Sales Representative |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Regional Sales Manager |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Manager |
Sales Executive |
|
|
||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Solutions Sales Representative, Hybrid |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Manager, Account Development |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Inside Solutions Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Manager of Sales Systems Engineering |
Sales Executive |
|
|
||||||||||||
|
Sales Learning and Performance Manager |
Sales Executive |
|
|
||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Hybrid |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Dp and Digital |
Sales Executive |
|
|
||||||||||||
|
Senior Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Rm |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Enterprise Account Manager |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Healthcare Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Sales Engineer |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Sales Enablement Manager |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Hybrid |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Healthcare Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Solutions Sales Representative, Rm |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Solutions Sales Representative, Rm |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Development Representative |
Sales Executive |
|
|
||||||||||||
|
Account Manager, Multi-City |
Sales Executive |
|
|
||||||||||||
|
Sales Manager |
Sales Executive |
|
|
||||||||||||
|
Inside Solutions Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Ipm |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Region Sales Manager |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Hybrid |
Sales Executive |
|
|
||||||||||||
|
Healthcare Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Inside Solutions Sales Representative |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Dp and Digital |
Sales Executive |
|
|
||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Solutions Sales Representative, Dp and Digital |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Sales Representative, Sw Region |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Dp and Digital |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Solution Sales |
Sales Executive |
|
|
||||||||||||
|
Techinical Account Manager |
Sales Executive |
|
|
||||||||||||
|
Director, Inside Sales |
Sales Executive |
|
|
||||||||||||
|
Sales Analyst |
Sales Executive |
|
|
||||||||||||
|
Sales Engineer |
Sales Executive |
|
|
||||||||||||
|
Account Manager, Multi-City |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Sales Engineer |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Regional Sales Manager |
Sales Executive |
|
|
||||||||||||
|
Director, Sales |
Sales Executive |
|
|
||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Dp and Digital |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Rm |
Sales Executive |
|
|
||||||||||||
|
Regional Sales Manager |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
Inside Sales Solutions Representative |
Sales Executive |
|
|
||||||||||||
|
Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Sales Engineer |
Sales Executive |
|
|
||||||||||||
|
Manager, Channel Sales |
Sales Executive |
|
|
||||||||||||
|
Associate Sales Representative |
Sales Executive |
|
|
||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Solutions Sales Representative, Dp and Digital |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Account Manager |
Sales Executive |
|
|
||||||||||||
|
Sales Executive |
Sales Executive |
|
|
||||||||||||
|
Enterprise Account Executive |
Sales Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director Global Brand Management |
International Executive |
|
|
||||||||||||
|
Senior Vice President - Worldwide Service Delivery |
International Executive |
|
|
||||||||||||
|
Marketing Communication Specialist |
Marketing Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Marketing Services Specialist |
Marketing Executive |
|
|
||||||||||||
|
Senior Marketing Manager |
Marketing Executive |
|
|
||||||||||||
|
Director of Marketing |
Marketing Executive |
|
|
||||||||||||
|
Marketing Manager, Professional |
Marketing Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager, Internet Marketing Content |
Marketing Executive |
|
|
||||||||||||
|
Vice President Marketing Digital |
Marketing Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager Field Marketing |
Marketing Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director, Vertical Marketing |
Marketing Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Marketing Specialist (Temp) |
Marketing Executive |
|
|
||||||||||||
|
Marketing |
Marketing Executive |
|
|
||||||||||||
|
Senior Internet Marketing Manager |
Marketing Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Unified Communications Engineer |
Corporate Communications Executive |
|
|
||||||||||||
|
Vice President-Corporate Communications |
Corporate Communications Executive |
|
|
||||||||||||
|
Manager, Internal Communications |
Corporate Communications Executive |
|
|
||||||||||||
|
Public Relations |
Public Relations Executive |
|
|
||||||||||||
|
Senior Manager, IT Analyst Relations |
Public Relations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Public Relations Manager |
Public Relations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior PR Manager - Iron Mountain Digital |
Public Relations Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager Information Technology Feild Service Delivery |
Information Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Systems Consultant |
Information Executive |
|
|
||||||||||||
|
Systems Development Engineer |
Information Executive |
|
|
||||||||||||
|
Information Systems Coordinator |
Information Executive |
|
|
||||||||||||
|
Director Information Systems |
Information Executive |
|
|
||||||||||||
|
Director Consulting |
Information Executive |
|
|
||||||||||||
|
Director, Data Center |
Information Executive |
|
|
||||||||||||
|
Demand Generation Manager, Data Protection - Iron Mountain
Digital |
Information Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Information Technology |
Information Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Lead Data Architect |
Information Executive |
|
|
||||||||||||
|
Information Technology |
Information Executive |
|
|
||||||||||||
|
Information Technology |
Information Executive |
|
|
||||||||||||
|
Information Technology Manager |
Information Executive |
|
|
||||||||||||
|
Director, Real Estate Leasing - Iron Mountain Information
Management, Inc |
Information Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Business Systems Manager |
Information Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager, Data Warehouse & Business Intelligence |
Information Executive |
|
|
||||||||||||
|
Senior Project Manager Information Technology |
Information Executive |
|
|
||||||||||||
|
Vice President of Market Strategy and Intelligence |
Information Executive |
|
|
||||||||||||
|
Executive Vice President & Chief Information Officer |
Information Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Systems Administrator |
Information Executive |
|
|
||||||||||||
|
Systems Engineer, Digital |
Information Executive |
|
|
||||||||||||
|
Manager, Network |
Network Management Executive |
|
|
||||||||||||
|
Senior Systems Engineer |
Network Management Executive |
|
|
||||||||||||
|
Senior Systems Engineer |
Network Management Executive |
|
|
||||||||||||
|
Network Planner |
Network Management Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Systems Engineer |
Network Management Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Systems Engineer |
Network Management Executive |
|
|
||||||||||||
|
Systems Engineer |
Network Management Executive |
|
|
||||||||||||
|
Network Engineer, Network Services |
Network Management Executive |
|
|
||||||||||||
|
System Administrator |
Network Management Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Systems Engineer |
Network Management Executive |
|
|
||||||||||||
|
Senior Network Engineer Telecommunicat... |
Network Management Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Web Master |
Network Management Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Systems Architect |
Network Management Executive |
|
|
||||||||||||
|
Systems Engineer |
Network Management Executive |
|
|
||||||||||||
|
Software Development Manager |
Engineering/Technical Executive |
|
|
||||||||||||
|
Software Engineer |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Principal Engineer |
Engineering/Technical Executive |
|
|
||||||||||||
|
Director, Software Engineering |
Engineering/Technical Executive |
|
|
||||||||||||
|
Sourcing Manager, Technology |
Engineering/Technical Executive |
|
|
||||||||||||
|
Director, Technical Solutions |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager, Software Engineering |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager, Facility Design and Engineeri |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director Field Implementation |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director, Industrial Engineering |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Software Engineer |
Engineering/Technical Executive |
|
|
||||||||||||
|
Principal Engineer |
Engineering/Technical Executive |
|
|
||||||||||||
|
Senior Manager, Engineering |
Engineering/Technical Executive |
|
|
||||||||||||
|
Software Engineer |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Network Engineer |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager Technical Documentation Iron Mountain Inc |
Engineering/Technical Executive |
|
|
||||||||||||
|
Principal Engineer |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Software Engineer |
Engineering/Technical Executive |
|
|
||||||||||||
|
Senior Technical Product Marketing Manager |
Engineering/Technical Executive |
|
|
||||||||||||
|
Sr.Oracle Dba |
Engineering/Technical Executive |
|
|
||||||||||||
|
Telecommunications Engineer |
Engineering/Technical Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Telecommunications Manager |
Telecommunications Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Vice President & Chief Innovation Officer |
Research & Development Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Product Marketing Manager |
Product Management Executive |
|
|
||||||||||||
|
Senior Product Manager |
Product Management Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Project Manager For Server Protection Products |
Product Management Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Product Marketing Manager Records Management |
Product Management Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President Of Product Marketing |
Product Management Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President Products - Iron Mountain Digital |
Product Management Executive |
|
|
||||||||||||
|
Executive Vice President-Corporate Development |
Business Development Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager, Business
Development, Consumer Isv & Ih |
Business Development Executive |
|
|
||||||||||||
|
Business Development Manager |
Business Development Executive |
|
|
||||||||||||
|
Senior Business Analyst |
Business Development Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Business Analyst |
Business Development Executive |
|
|
||||||||||||
|
Senior Vice President-Corporate Strategy |
Business Development Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Business Development Manager |
Business Development Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director Client Development & Strategy |
Planning Executive |
|
|
||||||||||||
|
Corporate Counsel |
Legal Executive |
|
|
||||||||||||
|
Director Privacy and Compliance |
Legal Executive |
|
|
||||||||||||
|
Corporate Counsel |
Legal Executive |
|
|
||||||||||||
|
Privacy and Compliance Coordinator |
Legal Executive |
|
|
||||||||||||
|
Corporate Counsel |
Legal Executive |
|
|
||||||||||||
|
Vice President & General Counsel |
Legal Executive |
|
|
||||||||||||
|
Internal Auditor |
Internal Audit Executive |
|
|
||||||||||||
|
Transportation Supervisor |
Logistics Executive |
|
|
||||||||||||
|
Transportation Coordinator |
Logistics Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Transportation Supervisor |
Logistics Executive |
|
|
||||||||||||
|
Transportation Manager |
Logistics Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Transportation Manager |
Logistics Executive |
|
|
||||||||||||
|
Transportation Manager |
Logistics Executive |
|
|
||||||||||||
|
Transportation Supervisor |
Logistics Executive |
|
|
||||||||||||
|
Transportation Supervisor |
Logistics Executive |
|
|
||||||||||||
|
Transportation Manager |
Logistics Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Transportation Manager |
Logistics Executive |
|
|
||||||||||||
|
Transportation Supervisor |
Logistics Executive |
|
|
||||||||||||
|
Transportation Supervisor |
Logistics Executive |
|
|
||||||||||||
|
Transportation Service Coordinator |
Logistics Executive |
|
|
||||||||||||
|
Manager of Property |
Facilities Executive |
|
|
||||||||||||
|
Facilities Manager |
Facilities Executive |
|
|
||||||||||||
|
Vice President-Real Estate |
Facilities Executive |
|
|
||||||||||||
|
Contracts Coordinator |
Purchasing Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Cellular Procurement Manager |
Purchasing Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Director of Purchasing |
Purchasing Executive |
|
|
||||||||||||
|
Contracts Specialist |
Purchasing Executive |
|
|
||||||||||||
|
Quality Assurance Supervisor |
Quality Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Manager, Service Quality and Standards |
Quality Executive |
|
|
||||||||||||
|
Quality Assurance Manager |
Quality Executive |
|
|
||||||||||||
|
Manager, Major Events |
Meeting/Travel Planner |
|
|
||||||||||||
|
Manager, Revenue |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Manager, Program Management |
Other |
|
|
||||||||||||
|
Consultant Document Management Solutions |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President of Corporate Applications |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President of Implementations |
Other |
|
|
||||||||||||
|
Record Center Specialist |
Other |
|
|
||||||||||||
|
Vice President |
Other |
|
|
||||||||||||
|
Vice President, Strategic Services |
Other |
|
|
||||||||||||
|
Senior Project Manager |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Vice President |
Other |
|
|
||||||||||||
|
Supervisor, Csa North America |
Other |
|
|
||||||||||||
|
Manager Leadership and Organization Development |
Other |
|
|
||||||||||||
|
Vice President, Digital Services |
Other |
|
|
||||||||||||
|
Operations Coordinator Osdp |
Other |
|
|
||||||||||||
|
Branch Manager |
Other |
|
|
||||||||||||
|
Vice President |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Director, Program Management |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Senior Vice President & Chief Security Officer |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Director - Level |
Other |
|
|
||||||||||||
|
Director - Level |
Other |
|
|
||||||||||||
|
Director - Level |
Other |
|
|
||||||||||||
|
Senior Vice President, Southern Area |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Program Development Manager, Dms |
Other |
|
|
||||||||||||
|
Business Support Specialist |
Other |
|
|
||||||||||||
|
Manager Service Delivery |
Other |
|
|
||||||||||||
|
Coordinator, Customer Programs |
Other |
|
|
||||||||||||
|
Manager - Level |
Other |
|
|
||||||||||||
|
Program Manager |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Director, Project Management Office |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Business Specialist |
Other |
|
|
||||||||||||
|
Manager, Continuous Improvement |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Director |
Other |
|
|
||||||||||||
|
Senior Project Manager |
Other |
|
|
||||||||||||
|
Associate Director, Consulting - Iron Mountain Digital |
Other |
|
|
||||||||||||
|
Director Support Services |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Manager - Level |
Other |
|
|
||||||||||||
|
Manager - Level |
Other |
|
|
||||||||||||
|
Director, Customer Relations |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Manager |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President |
Other |
|
|
||||||||||||
|
Vice President, Dms Field |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Vice President |
Other |
|
|
||||||||||||
|
Vice President, Computing Services |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Mailroom Supervisor |
Other |
|
|
||||||||||||
|
Country Manager, Japan (Contractor) |
Other |
|
|
||||||||||||
|
Manager, Development Connected Backup |
Other |
|
|
||||||||||||
|
Manager, Process and Policy Publication |
Other |
|
|
||||||||||||
|
Business Support Billing, Etc |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Support Manager |
Other |
|
|
||||||||||||
|
Manager of Enterprise Storage |
Other |
|
|
||||||||||||
|
Director, Continuous Improvement |
Other |
|
|
||||||||||||
|
Implementation Manager |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Program Development Manager |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Business Support Analyst |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Director, Program Management |
Other |
|
|
||||||||||||
Competitors Report
|
Company Name |
Location |
Employees |
Ownership |
|
Accenture Plc |
Dublin, Ireland |
244,000 |
Public |
|
Acxiom Corporation |
Little Rock, Arkansas, United States |
6,175 |
Public |
|
Anacomp, Inc. |
Chantilly, Virginia, United States |
1,109 |
Public |
|
Booz Allen Hamilton Holding Corporation |
Mclean, Virginia, United States |
24,100 |
Public |
|
Cintas Corporation |
Cincinnati, Ohio, United States |
30,000 |
Public |
|
Convergys Corporation |
Cincinnati, Ohio, United States |
77,000 |
Public |
|
Equifax Inc. |
Atlanta, Georgia, United States |
6,500 |
Public |
|
Fair Isaac Corporation |
Minneapolis, Minnesota, United States |
2,171 |
Public |
|
Insperity Inc |
Kingwood, Texas, United States |
2,100 |
Public |
|
International Business Machines Corp. |
Armonk, New York, United States |
433,362 |
Public |
|
SourceHOV LLC |
Dallas, Texas, United States |
14,200 |
Private |
Significant Developments
Iron Mountain Incorporated Prices Debt Offering Aug
07, 2012
Iron Mountain
Incorporated announced that it has priced a public offering of $1.0 billion in
aggregate principal amount of its 5-3/4% Senior Subordinated Notes due 2024.
The notes will be sold at par. The Company intends to use the net proceeds from
the offering for the redemption of all of its outstanding 6-5/8% Senior
Subordinated Notes due 2016 and 8-3/4% Senior Subordinated Notes due 2018, to
repay existing indebtedness under its revolving credit facility and for general
corporate purposes, including funding a portion of the costs it expects to
incur in connection with its proposed conversion to a real estate investment
trust. The closing of the offering is expected to occur on August 10, 2012 and
is subject to customary closing conditions. Morgan Stanley & Co. LLC, J.P.
Morgan Securities LLC, BofA Merrill Lynch, HSBC Securities (USA) Inc., RBS
Securities Inc., Scotia Capital (USA) Inc. and Barclays Capital Inc. are joint
book-running managers for the offering.
Crossroads Systems
Inc. Signs $5 Million Deal With Iron Mountain Aug 02, 2012
Crossroads Systems
Inc. announced it signed agreements with Iron Mountain Incorporated that
include up to $2.2 million non-recurring engineering (NRE) agreement and a $3
million investment (a purchase of 582,524 shares of Crossroads common stock) by
Iron Mountain. In addition, the two companies have agreed to explore the
development of specific solutions using StrongBox(R) technology from
Crossroads. StrongBox is the first enterprise-level archive solution to
leverage Linear Tape File System (LTFS) technology, featuring the scalability
and economy of tape with the speed and accessibility of disk. It serves as a
file-based and fully portable storage solution for long-term data retention.
Iron Mountain
Incorporated Lowers High End Of Prior FY 2012 Revenue Guidance; Reaffirms FY
2012 Earnings Guidance-Conference Call Jul 26, 2012
Iron Mountain
Incorporated announced that it remains on track to achieve fiscal 2012
financial goals and reiterated underlying revenue and adjusted OIBDA guidance
for fiscal 2012. The Company is maintaining a consistent guidance for constant
dollar revenue growth while lowering projections for reported results by $15
million at midpoint to reflect current FX rates. Adjusted OIBDA and adjusted
EPS ranges are unchanged from previous outlook. The Company is projecting
fiscal 2012 reported revenues to be in the range of $2.990-$3.040 billion at
current FX rates reflecting consistent 2% to 4% constant dollar growth
excluding the impact of lower paper prices, adjusted OIBDA to be in the range
of $890-$930 million on an operating basis and adjusted EPS to be in the range
of $1.20 to $1.36, unchanged for the prior outlook. According to I/B/E/S
Estimates, analysts were expecting the Company to report EPS of $1.30; revenue
of $3.033 billion and EBITDA of $915 million for fiscal 2012.
Iron Mountain Incorporated Declares Quarterly Dividend Jun 05, 2012
Iron Mountain Incorporated announced that its Board of Directors has declared a quarterly cash dividend of $0.27 per share, or $1.08 per share on an annualized basis. This is an increase of 8% over the quarterly dividend previously paid. The dividend is payable on July 13, 2012 to stockholders of record on June 22, 2012.
Iron Mountain Incorporated Acquires Information Storage Companies In Fredericksburg May 08, 2012
Iron Mountain Incorporated announced that it has expanded its customer base and increased the Company's coverage area by acquiring records storage firms File House Offsite Record Storage in Fredericksburg, Va., and Document Systems Inc. in Columbia, S.C. and offsite data protection provider First National Safe Deposit in the Philadelphia area. Terms of the deals were not disclosed. File House Offsite Record Storage has provided document storage to customers in the Fredericksburg, Va. area since 2005. First National Safe Deposit provides secure storage of magnetic back-up tapes, helping customers in the Greater Philadelphia area since the early 1980s to ensure they can recover from data loss.
Iron Mountain Incorporated Reaffirms FY 2012 EPS Guidance; Raises FY 2012 Revenue Guidance Apr 26, 2012
Iron Mountain Incorporated announced that it is reiterating fiscal 2012 EPS guidance and expects adjusted EPS for fiscal 2012 to be in the range of $1.20-$1.36, revenue between $2,990-$3,070 million and adjusted OIBDA between $890-$930 million for fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.32; revenue of $3,021 million for fiscal 2012.
Iron Mountain Incorporated Declares Quarterly Dividend Mar 08, 2012
Iron Mountain Incorporated announced that the Board of Directors declared a cash dividend of $0.25 per share on the common stock of the Company, payable on April 13, 2012 to shareholders of record at the close of business on March 23, 2012.
Iron Mountain Incorporated Issues FY 2012 Guidance In Line With Analysts' Estimates-Conference Call Feb 23, 2012
Iron Mountain Incorporated announced that for fiscal 2012, it expects revenue to be in the range $2.965-$3.045 billion and earnings per share (EPS) in the range of $1.20-$1.36. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $3.035 billion and EPS of $1.33 for fiscal 2012.
Texas Regional Medical Center Selects Iron Mountain Incorporated For Medical Image Archiving Feb 20, 2012
Iron Mountain
Incorporated announced that the Texas Regional Medical Center (TRMC) has chosen
Iron Mountain`s vendor neutral archive (VNA) and cloud storage solution to
manage its CT scans, MRIs, X-rays and other diagnostic image volume. The
Dallas-based for-profit hospital will implement Iron Mountain`s VNA to lower
overall medical data storage costs, provide caregivers better access to images,
and improve disaster recovery by moving data securely offsite. Iron Mountain
also announced the addition of new retention management functionality to its
VNA to help hospitals identify and properly archive or destroy obsolete medical
data.
Iron Mountain
Incorporated Declares Quarterly Dividend Dec 01, 2011
Iron Mountain
Incorporated announced that it has declared a cash dividend of $0.25 per share
on the common stock of the Company, payable on January 13, 2012 to shareholders
of record at the close of business on December 23, 2011.
Iron Mountain Incorporated Lowers FY 2011 Revenue Guidance Oct 27, 2011
Iron Mountain
Incorporated announced that for fiscal 2011, it expects revenue to be in the
range of $3.020-$3.045 billion, representing 2%-3% of constant currency growth
compared to 2010, adjusted OIBDA guidance in the range of $905-$925 million,
representing (4)%-(2)% of constant currency growth compared to 2010 and
adjusted earrings per share (EPS) in the range of $1.18-$1.24. The Company
reaffirmed internal revenue growth outlook to be in the range of 1% to 3%.
According to I/B/E/S Estimates, analysts were expecting the Company to report
revenue of $3.073 billion and EPS of $1.25 for fiscal 2011.
Freightways
Limited Acquires Iron Mountain Incorporated's Iron Mountain New Zealand Limited
Oct 02, 2011
Freightways
Limited (FRE) announced that it has agreed to purchase Iron Mountain New
Zealand Limited (IMNZ), a subsidiary of Iron Mountain Incorporated, effective
from October 1, 2011. The purchase price paid for IMNZ is NZD 12.7 million (USD
10 million). IMNZ, which operates in New Zealand's information management
market, will be merged operationally with FRE subsidiary, Online Security
Services Limited (OSS).
Iron Mountain
Incorporated Prices Debt Offering
Sep 20, 2011
Iron Mountain
Incorporated announced that it has priced a public offering of $400 million in
aggregate principal amount of its 7.75% Senior Subordinated Notes due 2019. The
notes will be sold at par. The Company intends to use the net proceeds from the
offering for general corporate purposes, including funding a portion of its
shareholder payout commitments and possible future acquisitions and
investments. The closing of the offering is expected to occur on September 23,
2011 and is subject to customary closing conditions. J.P. Morgan Securities
LLC, Morgan Stanley & Co. LLC, Barclays Capital Inc., Merrill Lynch,
Pierce, Fenner & Smith Incorporated, HSBC Securities (USA) Inc., RBS
Securities Inc. and Scotia Capital (USA) Inc. are joint book-running managers
for the offering.
Iron Mountain
Incorporated Announces $300 Million Debt Offering Sep 20, 2011
Iron Mountain
Incorporated announced a proposed public offering of $300 million in aggregate
principal amount of Senior Subordinated Notes due 2019. The Company intends to
use the net proceeds from the offering for general corporate purposes,
including funding a portion of its shareholder payout commitments and possible
future acquisitions and investments. The exact terms and timing of the offering
will depend upon market conditions and other factors. J.P. Morgan Securities LLC,
Morgan Stanley & Co. LLC, Barclays Capital Inc., Merrill Lynch, Pierce,
Fenner & Smith Incorporated, HSBC Securities (USA) Inc., RBS Securities
Inc. and Scotia Capital (USA) Inc. are joint book-running managers for the
offering.
Iron Mountain
Incorporated Declares Quarterly Dividend Sep 09, 2011
Iron Mountain
Incorporated announced that the Board of Directors on September 8, 2011,
declared a cash dividend of $0.25 per share on the common stock of the Company,
payable on October 14, 2011 to shareholders of record at the close of business
on September 23, 2011.
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Restated Normal |
Restated Normal |
Restated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Sales |
3,014.7 |
2,892.3 |
2,774.4 |
2,825.4 |
2,566.5 |
|
Revenue |
3,014.7 |
2,892.3 |
2,774.4 |
2,825.4 |
2,566.5 |
|
Total Revenue |
3,014.7 |
2,892.3 |
2,774.4 |
2,825.4 |
2,566.5 |
|
|
|
|
|
|
|
|
Cost of Revenue |
1,245.2 |
1,192.9 |
1,201.9 |
1,311.9 |
1,212.5 |
|
Cost of Revenue, Total |
1,245.2 |
1,192.9 |
1,201.9 |
1,311.9 |
1,212.5 |
|
Gross Profit |
1,769.5 |
1,699.5 |
1,572.5 |
1,513.5 |
1,354.0 |
|
|
|
|
|
|
|
|
Selling/General/Administrative
Expense |
834.6 |
772.8 |
749.9 |
759.3 |
677.8 |
|
Total Selling/General/Administrative Expenses |
834.6 |
772.8 |
749.9 |
759.3 |
677.8 |
|
Depreciation |
319.5 |
304.2 |
277.2 |
254.5 |
220.2 |
|
Depreciation/Amortization |
319.5 |
304.2 |
277.2 |
254.5 |
220.2 |
|
Impairment-Assets Held for Use |
46.5 |
85.9 |
0.0 |
- |
- |
|
Loss (Gain) on Sale of Assets -
Operating |
-2.3 |
-11.0 |
0.2 |
7.5 |
-5.5 |
|
Other Unusual Expense (Income) |
1.0 |
1.8 |
3.0 |
- |
- |
|
Unusual Expense (Income) |
45.2 |
76.7 |
3.2 |
7.5 |
-5.5 |
|
Total Operating Expense |
2,444.5 |
2,346.6 |
2,232.2 |
2,333.2 |
2,105.1 |
|
|
|
|
|
|
|
|
Operating Income |
570.2 |
545.8 |
542.2 |
492.3 |
461.4 |
|
|
|
|
|
|
|
|
Interest
Expense - Non-Operating |
-207.6 |
-206.3 |
-215.1 |
- |
- |
|
Interest Expense, Net
Non-Operating |
-207.6 |
-206.3 |
-215.1 |
- |
- |
|
Interest
Income - Non-Operating |
2.3 |
1.8 |
2.6 |
- |
- |
|
Investment
Income - Non-Operating |
-17.4 |
-5.7 |
12.8 |
- |
- |
|
Interest/Investment Income -
Non-Operating |
-15.0 |
-3.9 |
15.4 |
- |
- |
|
Interest Income (Expense) - Net
Non-Operating |
- |
- |
- |
-220.0 |
-214.1 |
|
Interest Income (Expense) - Net Non-Operating Total |
-222.6 |
-210.2 |
-199.7 |
-220.0 |
-214.1 |
|
Other Non-Operating Income
(Expense) |
5.3 |
-1.3 |
2.8 |
-31.5 |
-4.1 |
|
Other, Net |
5.3 |
-1.3 |
2.8 |
-31.5 |
-4.1 |
|
Income Before Tax |
352.9 |
334.2 |
345.3 |
240.8 |
243.2 |
|
|
|
|
|
|
|
|
Total Income Tax |
106.5 |
167.5 |
113.8 |
146.1 |
72.6 |
|
Income After Tax |
246.4 |
166.7 |
231.5 |
94.6 |
170.5 |
|
|
|
|
|
|
|
|
Minority Interest |
-4.1 |
-4.9 |
-1.4 |
0.1 |
-0.9 |
|
Net Income Before Extraord Items |
242.4 |
161.8 |
230.1 |
94.7 |
169.6 |
|
Discontinued Operations |
153.2 |
-219.4 |
-12.1 |
-14.9 |
-17.9 |
|
Total Extraord Items |
153.2 |
-219.4 |
-12.1 |
-14.9 |
-17.9 |
|
Net Income |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
242.4 |
161.8 |
230.1 |
94.7 |
169.6 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
194.8 |
202.0 |
202.8 |
201.3 |
199.9 |
|
Basic EPS Excl Extraord Items |
1.24 |
0.80 |
1.13 |
0.47 |
0.85 |
|
Basic/Primary EPS Incl Extraord Items |
2.03 |
-0.29 |
1.07 |
0.40 |
0.76 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
- |
- |
|
Diluted Net Income |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
Diluted Weighted Average Shares |
195.9 |
202.0 |
204.3 |
203.3 |
202.1 |
|
Diluted EPS Excl Extraord Items |
1.24 |
0.80 |
1.13 |
0.47 |
0.84 |
|
Diluted EPS Incl Extraord Items |
2.02 |
-0.29 |
1.07 |
0.39 |
0.75 |
|
Dividends per Share - Common Stock Primary Issue |
0.94 |
0.38 |
0.00 |
0.00 |
0.00 |
|
Gross Dividends - Common Stock |
178.4 |
75.4 |
0.0 |
0.0 |
0.0 |
|
Interest Expense, Supplemental |
207.6 |
206.3 |
215.1 |
- |
- |
|
Depreciation, Supplemental |
290.6 |
278.8 |
253.1 |
254.5 |
220.2 |
|
Total Special Items |
45.2 |
76.7 |
3.2 |
7.5 |
-5.5 |
|
Normalized Income Before Tax |
398.1 |
410.9 |
348.5 |
248.3 |
237.7 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
13.6 |
38.4 |
1.1 |
2.6 |
-1.6 |
|
Inc Tax Ex Impact of Sp Items |
120.1 |
205.9 |
114.8 |
148.8 |
71.0 |
|
Normalized Income After Tax |
278.0 |
205.0 |
233.7 |
99.5 |
166.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
273.9 |
200.1 |
232.2 |
99.6 |
165.8 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
1.41 |
0.99 |
1.15 |
0.50 |
0.83 |
|
Diluted Normalized EPS |
1.40 |
0.99 |
1.14 |
0.49 |
0.82 |
|
Amort of Intangibles, Supplemental |
28.9 |
25.4 |
24.1 |
- |
- |
|
Rental Expenses |
243.0 |
238.5 |
240.9 |
- |
- |
|
Reported Operating Profit |
571.2 |
547.5 |
545.2 |
- |
- |
|
Normalized EBIT |
615.4 |
622.5 |
545.4 |
499.8 |
455.9 |
|
Normalized EBITDA |
934.9 |
926.7 |
822.6 |
754.3 |
676.2 |
|
Current Tax - Domestic |
47.5 |
77.0 |
53.5 |
- |
- |
|
Current Tax - Foreign |
31.7 |
20.4 |
12.0 |
- |
- |
|
Current Tax - Local |
23.8 |
32.5 |
18.0 |
- |
- |
|
Current Tax - Total |
103.1 |
129.8 |
83.4 |
- |
- |
|
Deferred Tax - Domestic |
25.7 |
41.8 |
23.1 |
- |
- |
|
Deferred Tax - Foreign |
-21.2 |
-3.3 |
0.8 |
- |
- |
|
Deferred Tax - Local |
-1.1 |
-0.9 |
6.5 |
- |
- |
|
Deferred Tax - Total |
3.4 |
37.7 |
30.3 |
- |
- |
|
Income Tax - Total |
106.5 |
167.5 |
113.8 |
- |
- |
|
Defined Contribution Expense - Domestic |
18.1 |
14.3 |
11.5 |
- |
- |
|
Total Pension Expense |
18.1 |
14.3 |
11.5 |
- |
- |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash & Equivalents |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Cash and Short Term Investments |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Accounts
Receivable - Trade, Gross |
566.7 |
545.1 |
610.9 |
572.4 |
583.3 |
|
Provision
for Doubtful Accounts |
-23.3 |
-20.7 |
-25.5 |
-19.6 |
-19.2 |
|
Trade Accounts Receivable - Net |
543.5 |
524.3 |
585.4 |
552.8 |
564.0 |
|
Total Receivables, Net |
543.5 |
524.3 |
585.4 |
552.8 |
564.0 |
|
Prepaid Expenses |
105.5 |
136.9 |
141.5 |
103.9 |
91.3 |
|
Restricted Cash - Current |
35.1 |
35.1 |
0.0 |
- |
- |
|
Deferred Income Tax - Current
Asset |
43.2 |
44.2 |
37.9 |
41.3 |
41.5 |
|
Discontinued Operations - Current
Asset |
7.3 |
213.2 |
- |
- |
- |
|
Other Current Assets, Total |
85.6 |
292.5 |
37.9 |
41.3 |
41.5 |
|
Total Current Assets |
914.5 |
1,212.5 |
1,211.4 |
976.4 |
822.4 |
|
|
|
|
|
|
|
|
Buildings |
475.0 |
469.3 |
429.3 |
346.8 |
314.9 |
|
Land/Improvements |
1,281.6 |
1,235.1 |
1,202.4 |
1,091.3 |
1,073.5 |
|
Machinery/Equipment |
2,382.9 |
2,356.3 |
2,404.1 |
2,167.5 |
1,972.1 |
|
Construction
in Progress |
93.1 |
100.7 |
148.8 |
144.9 |
162.0 |
|
Property/Plant/Equipment - Gross |
4,232.6 |
4,161.4 |
4,184.6 |
3,750.5 |
3,522.5 |
|
Accumulated Depreciation |
-1,825.5 |
-1,693.2 |
-1,616.4 |
-1,363.8 |
-1,186.6 |
|
Property/Plant/Equipment - Net |
2,407.1 |
2,468.2 |
2,568.2 |
2,386.8 |
2,336.0 |
|
Goodwill, Net |
2,254.3 |
2,279.6 |
2,534.7 |
2,452.3 |
2,574.3 |
|
Intangibles - Gross |
600.7 |
540.2 |
631.0 |
597.0 |
557.2 |
|
Accumulated Intangible
Amortization |
-188.7 |
-157.8 |
-164.6 |
-118.4 |
-76.8 |
|
Intangibles, Net |
412.0 |
382.5 |
466.3 |
478.6 |
480.4 |
|
Deferred Charges |
35.8 |
29.1 |
35.2 |
33.2 |
34.0 |
|
Discontinued Operations - Long
Term Asset |
0.0 |
19.5 |
- |
- |
- |
|
Other Long Term Assets |
17.6 |
25.0 |
30.9 |
29.6 |
60.8 |
|
Other Long Term Assets, Total |
53.4 |
73.7 |
66.2 |
62.8 |
94.9 |
|
Total Assets |
6,041.3 |
6,416.4 |
6,846.8 |
6,356.9 |
6,307.9 |
|
|
|
|
|
|
|
|
Accounts Payable |
156.4 |
143.8 |
175.2 |
154.6 |
208.7 |
|
Accrued Expenses |
418.8 |
382.7 |
390.9 |
356.5 |
327.2 |
|
Notes Payable/Short Term Debt |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Current Portion - Long Term Debt/Capital Leases |
73.3 |
96.1 |
40.6 |
35.8 |
33.4 |
|
Customer Advances |
197.2 |
190.7 |
208.1 |
182.8 |
194.3 |
|
Income Taxes Payable |
- |
- |
- |
0.0 |
2.0 |
|
Discontinued Operations - Current
Liability |
3.3 |
61.5 |
- |
- |
- |
|
Other Current liabilities, Total |
200.5 |
252.2 |
208.1 |
182.8 |
196.4 |
|
Total Current Liabilities |
849.0 |
874.7 |
814.7 |
729.6 |
765.7 |
|
|
|
|
|
|
|
|
Long Term Debt |
3,280.3 |
2,912.1 |
3,211.2 |
3,207.5 |
3,232.8 |
|
Total Long Term Debt |
3,280.3 |
2,912.1 |
3,211.2 |
3,207.5 |
3,232.8 |
|
Total Debt |
3,353.6 |
3,008.2 |
3,251.8 |
3,243.2 |
3,266.3 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
507.4 |
492.5 |
467.1 |
427.3 |
351.2 |
|
Deferred Income Tax |
507.4 |
492.5 |
467.1 |
427.3 |
351.2 |
|
Minority Interest |
8.6 |
7.4 |
4.1 |
3.5 |
9.1 |
|
Other Long Term Liabilities |
150.3 |
182.5 |
196.4 |
186.1 |
153.6 |
|
Discontinued Operations -
Liabilities |
0.0 |
1.8 |
- |
- |
- |
|
Other Liabilities, Total |
150.3 |
184.2 |
196.4 |
186.1 |
153.6 |
|
Total Liabilities |
4,795.6 |
4,470.9 |
4,693.5 |
4,554.1 |
4,512.5 |
|
|
|
|
|
|
|
|
Preferred Stock - Non Redeemable |
0.0 |
0.0 |
0.0 |
- |
0.0 |
|
Preferred Stock - Non Redeemable, Net |
0.0 |
0.0 |
0.0 |
- |
0.0 |
|
Common Stock |
1.7 |
2.0 |
2.0 |
2.0 |
2.0 |
|
Common Stock |
1.7 |
2.0 |
2.0 |
2.0 |
2.0 |
|
Additional Paid-In Capital |
343.6 |
1,228.7 |
1,298.7 |
1,250.1 |
1,209.5 |
|
Retained Earnings (Accumulated Deficit) |
902.6 |
685.3 |
825.0 |
591.9 |
509.9 |
|
Other Comprehensive Income |
-2.2 |
29.5 |
27.7 |
-41.2 |
74.1 |
|
Other Equity, Total |
-2.2 |
29.5 |
27.7 |
-41.2 |
74.1 |
|
Total Equity |
1,245.7 |
1,945.4 |
2,153.4 |
1,802.8 |
1,795.5 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
6,041.3 |
6,416.4 |
6,846.8 |
6,356.9 |
6,307.9 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock
Primary Issue |
172.1 |
200.1 |
203.5 |
201.9 |
200.7 |
|
Total Common Shares Outstanding |
172.1 |
200.1 |
203.5 |
201.9 |
200.7 |
|
Treasury Shares - Common Stock Primary Issue |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Shares Outstanding - Preferred
Stock Primary Issue |
0.0 |
0.0 |
0.0 |
- |
- |
|
Total Preferred Stock Outstanding |
0.0 |
0.0 |
0.0 |
- |
- |
|
Employees |
17,000 |
19,400 |
10,500 |
11,400 |
20,100 |
|
Number of Common Shareholders |
50,500 |
- |
48,500 |
66,000 |
79,000 |
|
Accumulated Intangible Amort, Suppl. |
188.7 |
157.8 |
164.6 |
118.4 |
76.8 |
|
Deferred Revenue - Current |
197.2 |
190.7 |
208.1 |
182.8 |
194.3 |
|
Total Long Term Debt, Supplemental |
3,359.2 |
- |
3,254.7 |
3,244.0 |
3,267.0 |
|
Long Term Debt Maturing within 1 Year |
73.3 |
- |
40.6 |
35.8 |
33.4 |
|
Long Term Debt Maturing in Year 2 |
79.2 |
- |
41.9 |
27.0 |
10.5 |
|
Long Term Debt Maturing in Year 3 |
321.2 |
- |
62.0 |
19.2 |
8.5 |
|
Long Term Debt Maturing in Year 4 |
154.0 |
- |
24.6 |
245.7 |
80.1 |
|
Long Term Debt Maturing in Year 5 |
652.3 |
- |
636.0 |
458.0 |
411.7 |
|
Long Term Debt Maturing in 2-3 Years |
400.4 |
- |
103.9 |
46.1 |
19.0 |
|
Long Term Debt Maturing in 4-5 Years |
806.3 |
- |
660.5 |
703.7 |
491.8 |
|
Long Term Debt Matur. in Year 6 & Beyond |
2,079.2 |
- |
2,449.7 |
2,458.4 |
2,722.7 |
|
Interest Costs |
-103.6 |
- |
-117.2 |
-73.5 |
- |
|
Total Capital Leases, Supplemental |
207.3 |
- |
193.7 |
131.7 |
- |
|
Capital Lease Payments Due in Year 1 |
51.5 |
- |
44.5 |
28.6 |
- |
|
Capital Lease Payments Due in Year 2 |
48.8 |
- |
45.8 |
27.1 |
- |
|
Capital Lease Payments Due in Year 3 |
31.8 |
- |
42.4 |
19.1 |
- |
|
Capital Lease Payments Due in Year 4 |
22.7 |
- |
26.8 |
25.5 |
- |
|
Capital Lease Payments Due in Year 5 |
17.5 |
- |
19.3 |
9.4 |
- |
|
Capital Lease Payments Due in 2-3 Years |
80.6 |
- |
88.2 |
46.3 |
- |
|
Capital Lease Payments Due in 4-5 Years |
40.1 |
- |
46.1 |
34.9 |
- |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
138.7 |
- |
132.2 |
95.4 |
- |
|
Total Operating Leases, Supplemental |
2,709.1 |
- |
3,021.7 |
3,095.0 |
3,058.5 |
|
Operating Lease Payments Due in Year 1 |
220.0 |
- |
231.2 |
225.3 |
209.1 |
|
Operating Lease Payments Due in Year 2 |
209.4 |
- |
217.7 |
201.3 |
197.1 |
|
Operating Lease Payments Due in Year 3 |
197.3 |
- |
207.0 |
191.6 |
192.7 |
|
Operating Lease Payments Due in Year 4 |
187.5 |
- |
198.1 |
186.6 |
186.8 |
|
Operating Lease Payments Due in Year 5 |
180.8 |
- |
186.9 |
181.1 |
180.1 |
|
Operating Lease Pymts. Due in 2-3 Years |
406.7 |
- |
424.7 |
392.9 |
389.9 |
|
Operating Lease Pymts. Due in 4-5 Years |
368.3 |
- |
385.0 |
367.7 |
366.9 |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
1,714.3 |
- |
1,980.8 |
2,109.1 |
2,092.6 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified Normal |
Reclassified
Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
399.6 |
-52.7 |
219.4 |
81.9 |
154.0 |
|
Depreciation |
290.6 |
278.8 |
253.1 |
254.6 |
222.7 |
|
Depreciation/Depletion |
290.6 |
278.8 |
253.1 |
254.6 |
222.7 |
|
Amortization of Intangibles |
- |
- |
- |
36.1 |
26.6 |
|
Amortization |
- |
- |
- |
36.1 |
26.6 |
|
Deferred Taxes |
3.4 |
37.7 |
30.3 |
109.1 |
43.8 |
|
Discontinued Operations |
-201.3 |
241.3 |
42.5 |
- |
- |
|
Unusual Items |
45.2 |
76.7 |
3.2 |
7.9 |
0.2 |
|
Other Non-Cash Items |
76.7 |
66.1 |
31.8 |
74.3 |
36.3 |
|
Non-Cash Items |
-79.3 |
384.2 |
77.4 |
82.2 |
36.6 |
|
Accounts Receivable |
-20.8 |
11.8 |
-14.9 |
-25.9 |
-33.7 |
|
Prepaid Expenses |
5.3 |
-8.8 |
-22.1 |
-5.9 |
-12.0 |
|
Accounts Payable |
7.1 |
-0.5 |
10.2 |
-21.7 |
14.2 |
|
Accrued Expenses |
15.6 |
-38.1 |
45.2 |
12.8 |
25.9 |
|
Other Assets & Liabilities,
Net |
-6.1 |
12.9 |
18.3 |
13.7 |
6.4 |
|
Changes in Working Capital |
1.1 |
-22.8 |
36.7 |
-26.9 |
1.0 |
|
Cash from Operating Activities |
615.4 |
625.1 |
616.9 |
537.0 |
484.6 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-209.2 |
-258.8 |
-287.9 |
-386.7 |
-386.4 |
|
Purchase/Acquisition of
Intangibles |
-21.7 |
-13.2 |
-10.7 |
-14.2 |
-16.4 |
|
Capital Expenditures |
-230.9 |
-272.1 |
-298.7 |
-400.9 |
-402.8 |
|
Acquisition of Business |
-75.2 |
-13.8 |
-1.5 |
-56.6 |
-481.5 |
|
Sale of Fixed Assets |
4.2 |
22.5 |
4.6 |
-0.4 |
17.7 |
|
Investment, Net |
-0.3 |
0.0 |
-3.1 |
-1.7 |
0.0 |
|
Other Investing Cash Flow |
380.7 |
-169.3 |
-25.4 |
0.0 |
- |
|
Other Investing Cash Flow Items, Total |
309.4 |
-160.6 |
-25.4 |
-58.7 |
-463.8 |
|
Cash from Investing Activities |
78.5 |
-432.7 |
-324.1 |
-459.6 |
-866.6 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
0.5 |
0.9 |
5.2 |
6.1 |
8.7 |
|
Financing Cash Flow Items |
0.5 |
0.9 |
5.2 |
6.1 |
8.7 |
|
Cash Dividends Paid - Common |
-172.6 |
-37.9 |
0.0 |
0.0 |
- |
|
Total Cash Dividends Paid |
-172.6 |
-37.9 |
0.0 |
0.0 |
- |
|
Repurchase/Retirement
of Common |
-985.0 |
-111.6 |
0.0 |
0.0 |
- |
|
Common Stock, Net |
-985.0 |
-111.6 |
0.0 |
0.0 |
- |
|
Options Exercised |
85.7 |
18.2 |
24.2 |
16.1 |
21.8 |
|
Issuance (Retirement) of Stock, Net |
-899.2 |
-93.3 |
24.2 |
16.1 |
21.8 |
|
Long Term
Debt Issued |
2,565.0 |
53.6 |
573.6 |
1,095.5 |
2,745.9 |
|
Long Term
Debt Reduction |
-2,257.4 |
-304.5 |
-732.7 |
-1,030.4 |
-2,319.4 |
|
Long Term Debt, Net |
307.5 |
-250.9 |
-159.1 |
65.2 |
426.4 |
|
Issuance (Retirement) of Debt, Net |
307.5 |
-250.9 |
-159.1 |
65.2 |
426.4 |
|
Cash from Financing Activities |
-763.8 |
-381.2 |
-129.7 |
87.4 |
457.0 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-9.0 |
0.8 |
5.1 |
-12.0 |
5.2 |
|
Net Change in Cash |
-78.8 |
-188.0 |
168.3 |
152.8 |
80.2 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
258.7 |
446.7 |
278.4 |
125.6 |
45.4 |
|
Net Cash - Ending Balance |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Cash Interest Paid |
203.0 |
226.5 |
216.7 |
242.1 |
215.5 |
|
Cash Taxes Paid |
148.0 |
139.1 |
87.1 |
44.1 |
34.0 |
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Restated Normal |
Restated Normal |
Restated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Storage |
1,683.0 |
1,598.7 |
1,533.8 |
1,496.2 |
1,362.2 |
|
Service |
1,331.7 |
1,293.6 |
1,240.6 |
1,329.2 |
1,204.4 |
|
Total Revenue |
3,014.7 |
2,892.3 |
2,774.4 |
2,825.4 |
2,566.5 |
|
|
|
|
|
|
|
|
Cost of Sales |
1,245.2 |
1,192.9 |
1,201.9 |
1,311.9 |
1,212.5 |
|
Sell./Gen./Admin. |
834.6 |
772.8 |
749.9 |
759.3 |
677.8 |
|
Gain/Loss on Disposal of Property,
Plant |
-2.3 |
-11.0 |
0.2 |
7.5 |
-5.5 |
|
Intangible Impairments |
46.5 |
85.9 |
0.0 |
- |
- |
|
Deprec./Amort. |
319.5 |
304.2 |
277.2 |
254.5 |
220.2 |
|
Debt Extinguishment |
1.0 |
1.8 |
3.0 |
- |
- |
|
Total Operating Expense |
2,444.5 |
2,346.6 |
2,232.2 |
2,333.2 |
2,105.1 |
|
|
|
|
|
|
|
|
Interest Expense |
-207.6 |
-206.3 |
-215.1 |
- |
- |
|
Interest Expense, Net |
- |
- |
- |
-220.0 |
-214.1 |
|
Interest income |
2.3 |
1.8 |
2.6 |
- |
- |
|
Exchange Effects |
-17.4 |
-5.7 |
12.8 |
- |
- |
|
Other, Net |
5.3 |
-1.3 |
2.8 |
-31.5 |
-4.1 |
|
Net Income Before Taxes |
352.9 |
334.2 |
345.3 |
240.8 |
243.2 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
106.5 |
167.5 |
113.8 |
146.1 |
72.6 |
|
Net Income After Taxes |
246.4 |
166.7 |
231.5 |
94.6 |
170.5 |
|
|
|
|
|
|
|
|
Minority Interest |
-4.1 |
-4.9 |
-1.4 |
0.1 |
-0.9 |
|
Net Income Before Extra. Items |
242.4 |
161.8 |
230.1 |
94.7 |
169.6 |
|
Loss from Discontinued Operations |
-47.4 |
-219.4 |
-12.1 |
-14.9 |
-17.9 |
|
Gain on Sale of Discontinued
Operations |
200.6 |
0.0 |
0.0 |
- |
- |
|
Net Income |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
242.4 |
161.8 |
230.1 |
94.7 |
169.6 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
194.8 |
202.0 |
202.8 |
201.3 |
199.9 |
|
Basic EPS Excluding ExtraOrdinary Items |
1.24 |
0.80 |
1.13 |
0.47 |
0.85 |
|
Basic EPS Including ExtraOrdinary Item |
2.03 |
-0.29 |
1.07 |
0.40 |
0.76 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
- |
- |
|
Diluted Net Income |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
Diluted Weighted Average Shares |
195.9 |
202.0 |
204.3 |
203.3 |
202.1 |
|
Diluted EPS Excluding ExtraOrd Items |
1.24 |
0.80 |
1.13 |
0.47 |
0.84 |
|
Diluted EPS Including ExtraOrd Items |
2.02 |
-0.29 |
1.07 |
0.39 |
0.75 |
|
DPS-Common Stock |
0.94 |
0.38 |
0.00 |
0.00 |
0.00 |
|
Gross Dividends - Common Stock |
178.4 |
75.4 |
0.0 |
0.0 |
0.0 |
|
Normalized Income Before Taxes |
398.1 |
410.9 |
348.5 |
248.3 |
237.7 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
120.1 |
205.9 |
114.8 |
148.8 |
71.0 |
|
Normalized Income After Taxes |
278.0 |
205.0 |
233.7 |
99.5 |
166.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
273.9 |
200.1 |
232.2 |
99.6 |
165.8 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
1.41 |
0.99 |
1.15 |
0.49 |
0.83 |
|
Diluted Normalized EPS |
1.40 |
0.99 |
1.14 |
0.49 |
0.82 |
|
Interest Expense |
207.6 |
206.3 |
215.1 |
- |
- |
|
Depreciation |
290.6 |
278.8 |
253.1 |
254.5 |
220.2 |
|
Amort of Intangibles |
28.9 |
25.4 |
24.1 |
- |
- |
|
Rental Expense |
243.0 |
238.5 |
240.9 |
- |
- |
|
Current Federal |
47.5 |
77.0 |
53.5 |
- |
- |
|
Current State |
23.8 |
32.5 |
18.0 |
- |
- |
|
Current Foreign |
31.7 |
20.4 |
12.0 |
- |
- |
|
Current Tax - Total |
103.1 |
129.8 |
83.4 |
- |
- |
|
Deferred Federal |
25.7 |
41.8 |
23.1 |
- |
- |
|
Deferred State |
-1.1 |
-0.9 |
6.5 |
- |
- |
|
Deferred Foreign |
-21.2 |
-3.3 |
0.8 |
- |
- |
|
Deferred Tax - Total |
3.4 |
37.7 |
30.3 |
- |
- |
|
Income Tax - Total |
106.5 |
167.5 |
113.8 |
- |
- |
|
Operating Income |
571.2 |
547.5 |
545.2 |
- |
- |
|
401(k) Savings Plan |
18.1 |
14.3 |
11.5 |
- |
- |
|
Total Pension Expense |
18.1 |
14.3 |
11.5 |
- |
- |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Equiv. |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Restricted cash |
35.1 |
35.1 |
0.0 |
- |
- |
|
Gross Rcvbls. |
566.7 |
545.1 |
610.9 |
572.4 |
583.3 |
|
Doubtful Accnts. |
-23.3 |
-20.7 |
-25.5 |
-19.6 |
-19.2 |
|
Deferred income taxes |
43.2 |
44.2 |
37.9 |
41.3 |
41.5 |
|
Prepaid expenses and other |
105.5 |
136.9 |
141.5 |
103.9 |
91.3 |
|
Assets of Discontinued Operations |
7.3 |
213.2 |
- |
- |
- |
|
Total Current Assets |
914.5 |
1,212.5 |
1,211.4 |
976.4 |
822.4 |
|
|
|
|
|
|
|
|
Land |
172.5 |
170.6 |
- |
- |
- |
|
Buildings and building
improvements |
1,109.2 |
1,064.5 |
- |
- |
- |
|
Real Property |
- |
- |
1,202.4 |
1,091.3 |
1,073.5 |
|
Leasehold Improvement |
475.0 |
469.3 |
429.3 |
346.8 |
314.9 |
|
Racking |
1,420.2 |
1,368.2 |
1,318.5 |
1,198.0 |
1,158.0 |
|
Warehouse Equip. |
356.0 |
362.7 |
343.6 |
275.9 |
202.5 |
|
Furniture/Fix. |
79.2 |
77.0 |
78.3 |
72.7 |
68.1 |
|
Hardware/Soft. |
527.6 |
548.5 |
663.7 |
620.9 |
543.5 |
|
Constr. in Prog. |
93.1 |
100.7 |
148.8 |
144.9 |
162.0 |
|
Less: Accumulated Depreciation |
-1,825.5 |
-1,693.2 |
-1,616.4 |
-1,363.8 |
-1,186.6 |
|
Goodwill, net |
2,254.3 |
2,279.6 |
2,534.7 |
2,452.3 |
2,574.3 |
|
Customer relationships and
acquisition |
593.9 |
533.2 |
574.2 |
541.3 |
557.2 |
|
Other intangible assets |
6.8 |
7.0 |
56.7 |
55.7 |
- |
|
Accumulated amortisation |
-188.7 |
-157.8 |
-164.6 |
-118.4 |
-76.8 |
|
Other Non-current Assets, net |
17.6 |
25.0 |
30.9 |
29.6 |
60.8 |
|
Deferred financing costs |
35.8 |
29.1 |
35.2 |
33.2 |
34.0 |
|
Assets of Discontinued Operations |
0.0 |
19.5 |
- |
- |
- |
|
Total Assets |
6,041.3 |
6,416.4 |
6,846.8 |
6,356.9 |
6,307.9 |
|
|
|
|
|
|
|
|
Cur.Port.LT Debt |
73.3 |
96.1 |
40.6 |
35.8 |
33.4 |
|
Accounts Payable |
156.4 |
143.8 |
175.2 |
154.6 |
208.7 |
|
Accrued Expenses |
418.8 |
382.7 |
390.9 |
356.5 |
327.2 |
|
Income Taxes |
- |
- |
- |
0.0 |
2.0 |
|
Deferred revenue |
197.2 |
190.7 |
208.1 |
182.8 |
194.3 |
|
Liabilities of Discontinued
Operations |
3.3 |
61.5 |
- |
- |
- |
|
Total Current Liabilities |
849.0 |
874.7 |
814.7 |
729.6 |
765.7 |
|
|
|
|
|
|
|
|
Long Term Debt |
3,280.3 |
2,912.1 |
3,211.2 |
3,207.5 |
3,232.8 |
|
Total Long Term Debt |
3,280.3 |
2,912.1 |
3,211.2 |
3,207.5 |
3,232.8 |
|
|
|
|
|
|
|
|
Deferred Income Taxes |
507.4 |
492.5 |
467.1 |
427.3 |
351.2 |
|
Liabilities of Discontinued
Operations |
0.0 |
1.8 |
- |
- |
- |
|
Other Long-term Liabilities |
53.2 |
86.6 |
105.9 |
113.1 |
90.0 |
|
Deferred Rent |
97.2 |
95.9 |
90.5 |
73.0 |
63.6 |
|
Minority Int. |
8.6 |
7.4 |
4.1 |
3.5 |
9.1 |
|
Total Liabilities |
4,795.6 |
4,470.9 |
4,693.5 |
4,554.1 |
4,512.5 |
|
|
|
|
|
|
|
|
Preferred stock |
0.0 |
0.0 |
0.0 |
- |
0.0 |
|
Common stock (par value $0.01;
authorize |
1.7 |
2.0 |
2.0 |
2.0 |
2.0 |
|
Additional paid-in capital |
343.6 |
1,228.7 |
1,298.7 |
1,250.1 |
1,209.5 |
|
Retained earnings |
902.6 |
685.3 |
825.0 |
591.9 |
509.9 |
|
Accumulated other comprehensive
items, n |
-2.2 |
29.5 |
27.7 |
-41.2 |
74.1 |
|
Total Equity |
1,245.7 |
1,945.4 |
2,153.4 |
1,802.8 |
1,795.5 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
6,041.3 |
6,416.4 |
6,846.8 |
6,356.9 |
6,307.9 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
172.1 |
200.1 |
203.5 |
201.9 |
200.7 |
|
Total Common Shares Outstanding |
172.1 |
200.1 |
203.5 |
201.9 |
200.7 |
|
T/S-Common Stock |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
S/O-Preferred Stock |
0.0 |
0.0 |
0.0 |
- |
- |
|
Total Preferred Shares Outstanding |
0.0 |
0.0 |
0.0 |
- |
- |
|
Deferred Revenue - Current |
197.2 |
190.7 |
208.1 |
182.8 |
194.3 |
|
Accumulated Amortization of Intangibles |
188.7 |
157.8 |
164.6 |
118.4 |
76.8 |
|
Full-Time Employees |
17,000 |
19,400 |
10,500 |
11,400 |
20,100 |
|
Number of Common Shareholders |
50,500 |
- |
48,500 |
66,000 |
79,000 |
|
Long Term Debt Payable within 1 Year |
73.3 |
- |
40.6 |
35.8 |
33.4 |
|
Long Term Debt Payable within 2 Years |
79.2 |
- |
41.9 |
27.0 |
10.5 |
|
Long Term Debt Payable within 3 Years |
321.2 |
- |
62.0 |
19.2 |
8.5 |
|
Long Term Debt Payable within 4 Years |
154.0 |
- |
24.6 |
245.7 |
80.1 |
|
Long Term Debt Payable within 5 Years |
652.3 |
- |
636.0 |
458.0 |
411.7 |
|
Long Term Debt Payable Thereafter |
2,079.2 |
- |
2,449.7 |
2,458.4 |
2,722.7 |
|
Total Long Term Debt, Supplemental |
3,359.2 |
- |
3,254.7 |
3,244.0 |
3,267.0 |
|
Capital Leases Maturing within 1 Year |
51.5 |
- |
44.5 |
28.6 |
- |
|
Capital Leases Maturing within 2 Year |
48.8 |
- |
45.8 |
27.1 |
- |
|
Capital Leases Maturing within 3 Years |
31.8 |
- |
42.4 |
19.1 |
- |
|
Capital Leases Maturing within 6 Years |
22.7 |
- |
26.8 |
25.5 |
- |
|
Capital Leases Maturing within 5 Years |
17.5 |
- |
19.3 |
9.4 |
- |
|
Capital Leases Maturing Thereafter |
138.7 |
- |
132.2 |
95.4 |
- |
|
Interest cost |
-103.6 |
- |
-117.2 |
-73.5 |
- |
|
Total Capital Leases |
207.3 |
- |
193.7 |
131.7 |
- |
|
Operating Lease Payable within 1 year |
220.0 |
- |
231.2 |
225.3 |
209.1 |
|
Operating Lease Payable within 2 Years |
209.4 |
- |
217.7 |
201.3 |
197.1 |
|
Operating Lease Payable within 3 Years |
197.3 |
- |
207.0 |
191.6 |
192.7 |
|
Operating Lease Payable within 4 Years |
187.5 |
- |
198.1 |
186.6 |
186.8 |
|
Operating Lease Payable within 5 Years |
180.8 |
- |
186.9 |
181.1 |
180.1 |
|
Operating Lease Payable Thereafter |
1,714.3 |
- |
1,980.8 |
2,109.1 |
2,092.6 |
|
Total Operating Leases |
2,709.1 |
- |
3,021.7 |
3,095.0 |
3,058.5 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Income |
399.6 |
-52.7 |
219.4 |
81.9 |
154.0 |
|
Depreciation |
290.6 |
278.8 |
253.1 |
254.6 |
222.7 |
|
Intangible impairments |
46.5 |
85.9 |
0.0 |
- |
- |
|
Goodwill impairment |
- |
- |
- |
0.0 |
- |
|
Amort. of Fin. Costs |
35.2 |
30.8 |
29.2 |
5.0 |
5.4 |
|
Loss from discontinued operation |
47.4 |
219.4 |
12.1 |
- |
- |
|
Amortization |
- |
- |
- |
36.1 |
26.6 |
|
Gain on sale of discontinued oper |
-200.6 |
0.0 |
0.0 |
- |
- |
|
Gain on Disposal of property
,plant and |
-2.3 |
-11.0 |
0.2 |
- |
- |
|
Loss on early extinguishment of
debt |
1.0 |
1.8 |
3.0 |
0.4 |
5.7 |
|
Prov. Dfrd. Taxes |
3.4 |
37.7 |
30.3 |
109.1 |
43.8 |
|
Stock Compensation |
17.3 |
17.3 |
15.2 |
19.0 |
13.9 |
|
Sale of Fixed Assets |
- |
- |
- |
7.5 |
-5.5 |
|
Foreign Currency |
24.3 |
18.0 |
-12.7 |
50.3 |
17.1 |
|
Accounts Receivable |
-20.8 |
11.8 |
-14.9 |
-25.9 |
-33.7 |
|
Prepaid Expenses |
5.3 |
-8.8 |
-22.1 |
-5.9 |
-12.0 |
|
Accounts Payable |
7.1 |
-0.5 |
10.2 |
-21.7 |
14.2 |
|
Accrued Expenses |
15.6 |
-38.1 |
45.2 |
12.8 |
25.9 |
|
Other Assets/Liabs. |
-6.1 |
12.9 |
18.3 |
13.7 |
6.4 |
|
Disc. Opereations |
-48.1 |
21.9 |
30.3 |
- |
- |
|
Cash from Operating Activities |
615.4 |
625.1 |
616.9 |
537.0 |
484.6 |
|
|
|
|
|
|
|
|
Cash Paid For Acq. |
-75.2 |
-13.8 |
-1.5 |
-56.6 |
-481.5 |
|
Capital Expenditures |
-209.2 |
-258.8 |
-287.9 |
-386.7 |
-386.4 |
|
Investment in restricted cash |
0.0 |
-35.1 |
0.0 |
0.0 |
- |
|
Investment in joint ventures |
-0.3 |
0.0 |
-3.1 |
-1.7 |
0.0 |
|
Additions to customer relationship
cost |
-21.7 |
-13.2 |
-10.7 |
-14.2 |
-16.4 |
|
Proceeds from sales of property
& Equip. |
4.2 |
22.5 |
4.6 |
-0.4 |
17.7 |
|
Discontinued Ops |
380.7 |
-134.2 |
-25.4 |
- |
- |
|
Cash from Investing Activities |
78.5 |
-432.7 |
-324.1 |
-459.6 |
-866.6 |
|
|
|
|
|
|
|
|
Repayment of Debt |
-2,017.2 |
-101.9 |
-283.3 |
-957.5 |
-2,311.3 |
|
Early retirement of notes |
-231.3 |
-202.6 |
-447.9 |
-71.9 |
0.0 |
|
Borrowings |
2,171.0 |
53.6 |
33.9 |
800.0 |
2,310.0 |
|
Net proceeds from sales of senior
subord |
394.0 |
0.0 |
539.7 |
295.5 |
435.8 |
|
Excess tax benefits from stock
based com |
0.9 |
2.3 |
5.5 |
5.1 |
6.8 |
|
Stock Options |
85.7 |
18.2 |
24.2 |
16.1 |
21.8 |
|
Parent cash dividends |
-172.6 |
-37.9 |
0.0 |
0.0 |
- |
|
Stock repurchases |
-985.0 |
-111.6 |
0.0 |
0.0 |
- |
|
Debt Fin. Shrhldr |
0.7 |
0.2 |
1.1 |
1.0 |
2.0 |
|
Payment of Debt |
-9.0 |
0.0 |
-1.6 |
-1.0 |
-8.1 |
|
Disc. Opereations |
-1.1 |
-1.5 |
-1.4 |
- |
- |
|
Cash from Financing Activities |
-763.8 |
-381.2 |
-129.7 |
87.4 |
457.0 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-9.0 |
0.8 |
5.1 |
-12.0 |
5.2 |
|
Net Change in Cash |
-78.8 |
-188.0 |
168.3 |
152.8 |
80.2 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
258.7 |
446.7 |
278.4 |
125.6 |
45.4 |
|
Net Cash - Ending Balance |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Cash Interest Paid |
203.0 |
226.5 |
216.7 |
242.1 |
215.5 |
|
Cash Taxes Paid |
148.0 |
139.1 |
87.1 |
44.1 |
34.0 |
Financial Health
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
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Ratio Comparisons
|
Traded: New
York Stock Exchange: IRM |
Financials in: USD
(actual units) |
|
Industry: Business
Services |
As of 03-Aug-2012 |
|
Sector: Services |
|
|
|
Company |
Industry |
Sector |
S&P 500 |
|
Valuation Ratios |
||||
|
P/E Excluding Extraordinary (TTM) |
31.24 |
30.36 |
26.53 |
19.68 |
|
P/E High Excluding Extraordinary - Last 5 Yrs |
53.07 |
43.13 |
28.03 |
32.79 |
|
P/E Low Excluding Extraordinary - Last 5 Yrs |
20.21 |
10.02 |
11.18 |
10.71 |
|
Beta |
0.88 |
0.11 |
0.91 |
1.00 |
|
Price/Revenue (TTM) |
1.87 |
3.31 |
2.87 |
2.57 |
|
Price/Book (MRQ) |
4.54 |
7.72 |
4.17 |
3.67 |
|
Price to Tangible Book (MRQ) |
- |
9.81 |
6.61 |
5.21 |
|
Price to Cash Flow Per Share (TTM) |
10.79 |
23.50 |
14.95 |
14.22 |
|
Price to Free Cash Flow Per Share (TTM) |
34.16 |
24.14 |
25.61 |
26.26 |
|
|
|
|
|
|
|
Dividends |
||||
|
Dividend Yield |
3.29% |
2.18% |
2.91% |
2.26% |
|
Dividend Per Share - 5 Yr Avg |
0.26 |
0.31 |
1.96 |
1.99 |
|
Dividend 5 Yr Growth |
- |
12.38% |
-1.39% |
0.08% |
|
Payout Ratio (TTM) |
91.29% |
2.98% |
11.60% |
25.98% |
|
|
|
|
|
|
|
Growth Rates (%) |
||||
|
Revenue (MRQ) vs Qtr 1 Yr Ago |
-0.84% |
-43.57% |
-0.77% |
15.58% |
|
Revenue (TTM) vs TTM 1 Yr Ago |
2.11% |
-40.70% |
-4.27% |
17.69% |
|
Revenue 5 Yr Growth |
5.10% |
91.29% |
23.25% |
8.97% |
|
EPS (MRQ) vs Qtr 1 Yr Ago |
-28.61% |
2.03% |
12.66% |
19.49% |
|
EPS (TTM) vs TTM 1 Yr Ago |
-6.82% |
12.83% |
17.36% |
32.55% |
|
EPS 5 Yr Growth |
13.99% |
15.85% |
8.65% |
9.86% |
|
Capital Spending 5 Yr Growth |
-10.24% |
-13.28% |
-14.30% |
-2.04% |
|
|
|
|
|
|
|
Financial Strength |
||||
|
Quick Ratio (MRQ) |
- |
0.45 |
0.63 |
1.24 |
|
Current Ratio (MRQ) |
1.14 |
0.56 |
0.97 |
1.79 |
|
LT Debt/Equity (MRQ) |
2.77 |
0.93 |
1.48 |
0.64 |
|
Total Debt/Equity (MRQ) |
2.82 |
1.01 |
1.73 |
0.73 |
|
Interest Coverage (TTM) |
2.62 |
-8.37 |
4.20 |
13.80 |
|
|
|
|
|
|
|
Profitability Ratios (%) |
||||
|
Gross Margin (TTM) |
58.45% |
45.85% |
37.46% |
45.21% |
|
Gross Margin - 5 Yr Avg |
56.20% |
13.66% |
39.96% |
44.91% |
|
EBITD Margin (TTM) |
30.17% |
-66.61% |
8.34% |
24.43% |
|
EBITD Margin - 5 Yr Avg |
28.33% |
-22.23% |
13.48% |
22.84% |
|
Operating Margin (TTM) |
19.48% |
16.66% |
10.36% |
20.63% |
|
Operating Margin - 5 Yr Avg |
18.56% |
-36.04% |
2.67% |
18.28% |
|
Pretax Margin (TTM) |
11.10% |
12.37% |
6.99% |
17.95% |
|
Pretax Margin - 5 Yr Avg |
10.77% |
-10.37% |
5.24% |
17.10% |
|
Net Profit Margin (TTM) |
6.66% |
10.30% |
4.44% |
13.65% |
|
Net Profit Margin - 5 Yr Avg |
6.47% |
-12.26% |
2.82% |
12.10% |
|
Effective Tax Rate (TTM) |
40.03% |
34.52% |
29.02% |
28.45% |
|
Effective Tax rate - 5 Yr Avg |
40.00% |
20.32% |
28.67% |
29.92% |
|
|
|
|
|
|
|
Management Effectiveness (%) |
||||
|
Return on Assets (TTM) |
3.21% |
-18.68% |
0.41% |
8.54% |
|
Return on Assets - 5 Yr Avg |
2.88% |
-9.25% |
3.69% |
8.40% |
|
Return on Investment (TTM) |
3.68% |
9.77% |
3.14% |
7.90% |
|
Return on Investment - 5 Yr Avg |
3.30% |
-17.63% |
4.63% |
8.27% |
|
Return on Equity (TTM) |
11.92% |
14.57% |
-2.30% |
19.72% |
|
Return on Equity - 5 Yr Avg |
9.88% |
21.32% |
14.07% |
20.06% |
|
|
|
|
|
|
|
Efficiency |
||||
|
Revenue/Employee (TTM) |
176,988.60 |
198,000.93 |
764,536.05 |
927,613.77 |
|
Net Income/Employee (TTM) |
11,781.76 |
58,192.89 |
144,529.55 |
116,121.92 |
|
Receivables Turnover (TTM) |
5.23 |
4.52 |
16.95 |
13.25 |
|
Inventory Turnover (TTM) |
- |
0.92 |
17.44 |
14.53 |
|
Asset Turnover (TTM) |
0.48 |
1.26 |
1.00 |
0.93 |
|
Annual Ratios
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
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|
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Stock report
|
Traded: New
York Stock Exchange: IRM |
||||||||||||||||||||||||||||||
|
As of 3-Aug-2012 US Dollars |
||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||
|
Stock
History
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
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|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Annual Income Statement
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Restated Normal |
Restated Normal |
Restated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Sales |
3,014.7 |
2,892.3 |
2,774.4 |
2,825.4 |
2,566.5 |
|
Revenue |
3,014.7 |
2,892.3 |
2,774.4 |
2,825.4 |
2,566.5 |
|
Total Revenue |
3,014.7 |
2,892.3 |
2,774.4 |
2,825.4 |
2,566.5 |
|
|
|
|
|
|
|
|
Cost of Revenue |
1,245.2 |
1,192.9 |
1,201.9 |
1,311.9 |
1,212.5 |
|
Cost of Revenue, Total |
1,245.2 |
1,192.9 |
1,201.9 |
1,311.9 |
1,212.5 |
|
Gross Profit |
1,769.5 |
1,699.5 |
1,572.5 |
1,513.5 |
1,354.0 |
|
|
|
|
|
|
|
|
Selling/General/Administrative
Expense |
834.6 |
772.8 |
749.9 |
759.3 |
677.8 |
|
Total Selling/General/Administrative Expenses |
834.6 |
772.8 |
749.9 |
759.3 |
677.8 |
|
Depreciation |
319.5 |
304.2 |
277.2 |
254.5 |
220.2 |
|
Depreciation/Amortization |
319.5 |
304.2 |
277.2 |
254.5 |
220.2 |
|
Impairment-Assets Held for Use |
46.5 |
85.9 |
0.0 |
- |
- |
|
Loss (Gain) on Sale of Assets -
Operating |
-2.3 |
-11.0 |
0.2 |
7.5 |
-5.5 |
|
Other Unusual Expense (Income) |
1.0 |
1.8 |
3.0 |
- |
- |
|
Unusual Expense (Income) |
45.2 |
76.7 |
3.2 |
7.5 |
-5.5 |
|
Total Operating Expense |
2,444.5 |
2,346.6 |
2,232.2 |
2,333.2 |
2,105.1 |
|
|
|
|
|
|
|
|
Operating Income |
570.2 |
545.8 |
542.2 |
492.3 |
461.4 |
|
|
|
|
|
|
|
|
Interest
Expense - Non-Operating |
-207.6 |
-206.3 |
-215.1 |
- |
- |
|
Interest Expense, Net
Non-Operating |
-207.6 |
-206.3 |
-215.1 |
- |
- |
|
Interest
Income - Non-Operating |
2.3 |
1.8 |
2.6 |
- |
- |
|
Investment
Income - Non-Operating |
-17.4 |
-5.7 |
12.8 |
- |
- |
|
Interest/Investment Income -
Non-Operating |
-15.0 |
-3.9 |
15.4 |
- |
- |
|
Interest Income (Expense) - Net
Non-Operating |
- |
- |
- |
-220.0 |
-214.1 |
|
Interest Income (Expense) - Net Non-Operating Total |
-222.6 |
-210.2 |
-199.7 |
-220.0 |
-214.1 |
|
Other Non-Operating Income
(Expense) |
5.3 |
-1.3 |
2.8 |
-31.5 |
-4.1 |
|
Other, Net |
5.3 |
-1.3 |
2.8 |
-31.5 |
-4.1 |
|
Income Before Tax |
352.9 |
334.2 |
345.3 |
240.8 |
243.2 |
|
|
|
|
|
|
|
|
Total Income Tax |
106.5 |
167.5 |
113.8 |
146.1 |
72.6 |
|
Income After Tax |
246.4 |
166.7 |
231.5 |
94.6 |
170.5 |
|
|
|
|
|
|
|
|
Minority Interest |
-4.1 |
-4.9 |
-1.4 |
0.1 |
-0.9 |
|
Net Income Before Extraord Items |
242.4 |
161.8 |
230.1 |
94.7 |
169.6 |
|
Discontinued Operations |
153.2 |
-219.4 |
-12.1 |
-14.9 |
-17.9 |
|
Total Extraord Items |
153.2 |
-219.4 |
-12.1 |
-14.9 |
-17.9 |
|
Net Income |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
242.4 |
161.8 |
230.1 |
94.7 |
169.6 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
194.8 |
202.0 |
202.8 |
201.3 |
199.9 |
|
Basic EPS Excl Extraord Items |
1.24 |
0.80 |
1.13 |
0.47 |
0.85 |
|
Basic/Primary EPS Incl Extraord Items |
2.03 |
-0.29 |
1.07 |
0.40 |
0.76 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
- |
- |
|
Diluted Net Income |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
Diluted Weighted Average Shares |
195.9 |
202.0 |
204.3 |
203.3 |
202.1 |
|
Diluted EPS Excl Extraord Items |
1.24 |
0.80 |
1.13 |
0.47 |
0.84 |
|
Diluted EPS Incl Extraord Items |
2.02 |
-0.29 |
1.07 |
0.39 |
0.75 |
|
Dividends per Share - Common Stock Primary Issue |
0.94 |
0.38 |
0.00 |
0.00 |
0.00 |
|
Gross Dividends - Common Stock |
178.4 |
75.4 |
0.0 |
0.0 |
0.0 |
|
Interest Expense, Supplemental |
207.6 |
206.3 |
215.1 |
- |
- |
|
Depreciation, Supplemental |
290.6 |
278.8 |
253.1 |
254.5 |
220.2 |
|
Total Special Items |
45.2 |
76.7 |
3.2 |
7.5 |
-5.5 |
|
Normalized Income Before Tax |
398.1 |
410.9 |
348.5 |
248.3 |
237.7 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
13.6 |
38.4 |
1.1 |
2.6 |
-1.6 |
|
Inc Tax Ex Impact of Sp Items |
120.1 |
205.9 |
114.8 |
148.8 |
71.0 |
|
Normalized Income After Tax |
278.0 |
205.0 |
233.7 |
99.5 |
166.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
273.9 |
200.1 |
232.2 |
99.6 |
165.8 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
1.41 |
0.99 |
1.15 |
0.50 |
0.83 |
|
Diluted Normalized EPS |
1.40 |
0.99 |
1.14 |
0.49 |
0.82 |
|
Amort of Intangibles, Supplemental |
28.9 |
25.4 |
24.1 |
- |
- |
|
Rental Expenses |
243.0 |
238.5 |
240.9 |
- |
- |
|
Reported Operating Profit |
571.2 |
547.5 |
545.2 |
- |
- |
|
Normalized EBIT |
615.4 |
622.5 |
545.4 |
499.8 |
455.9 |
|
Normalized EBITDA |
934.9 |
926.7 |
822.6 |
754.3 |
676.2 |
|
Current Tax - Domestic |
47.5 |
77.0 |
53.5 |
- |
- |
|
Current Tax - Foreign |
31.7 |
20.4 |
12.0 |
- |
- |
|
Current Tax - Local |
23.8 |
32.5 |
18.0 |
- |
- |
|
Current Tax - Total |
103.1 |
129.8 |
83.4 |
- |
- |
|
Deferred Tax - Domestic |
25.7 |
41.8 |
23.1 |
- |
- |
|
Deferred Tax - Foreign |
-21.2 |
-3.3 |
0.8 |
- |
- |
|
Deferred Tax - Local |
-1.1 |
-0.9 |
6.5 |
- |
- |
|
Deferred Tax - Total |
3.4 |
37.7 |
30.3 |
- |
- |
|
Income Tax - Total |
106.5 |
167.5 |
113.8 |
- |
- |
|
Defined Contribution Expense - Domestic |
18.1 |
14.3 |
11.5 |
- |
- |
|
Total Pension Expense |
18.1 |
14.3 |
11.5 |
- |
- |
Interim Income Statement
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
Period Length |
3 Months |
3 Months |
3 Months |
3 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Restated
Calculated |
Restated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
|
|
|
|
|
|
|
Net Sales |
752.2 |
746.5 |
741.8 |
768.3 |
758.6 |
|
Revenue |
752.2 |
746.5 |
741.8 |
768.3 |
758.6 |
|
Total Revenue |
752.2 |
746.5 |
741.8 |
768.3 |
758.6 |
|
|
|
|
|
|
|
|
Cost of Revenue |
313.1 |
315.3 |
315.3 |
306.4 |
307.6 |
|
Cost of Revenue, Total |
313.1 |
315.3 |
315.3 |
306.4 |
307.6 |
|
Gross Profit |
439.1 |
431.2 |
426.5 |
461.9 |
451.0 |
|
|
|
|
|
|
|
|
Selling/General/Administrative
Expense |
203.5 |
210.7 |
189.4 |
209.0 |
223.4 |
|
Total Selling/General/Administrative Expenses |
203.5 |
210.7 |
189.4 |
209.0 |
223.4 |
|
Depreciation |
77.5 |
78.0 |
83.6 |
76.9 |
78.9 |
|
Depreciation/Amortization |
77.5 |
78.0 |
83.6 |
76.9 |
78.9 |
|
Impairment-Assets Held for Use |
- |
0.0 |
4.0 |
42.5 |
- |
|
Loss (Gain) on Sale of Assets -
Operating |
-0.6 |
0.7 |
0.1 |
-1.7 |
-0.2 |
|
Other Unusual Expense (Income) |
- |
0.0 |
- |
-1.0 |
1.8 |
|
Unusual Expense (Income) |
-0.6 |
0.7 |
4.1 |
39.8 |
1.6 |
|
Total Operating Expense |
593.5 |
604.7 |
592.4 |
632.1 |
611.5 |
|
|
|
|
|
|
|
|
Operating Income |
158.7 |
141.8 |
149.5 |
136.2 |
147.1 |
|
|
|
|
|
|
|
|
Interest
Expense - Non-Operating |
-59.0 |
- |
- |
- |
-49.1 |
|
Interest Expense, Net
Non-Operating |
-59.0 |
- |
- |
- |
-49.1 |
|
Interest
Income - Non-Operating |
0.8 |
- |
- |
- |
0.5 |
|
Investment
Income - Non-Operating |
- |
2.6 |
- |
-1.2 |
-1.9 |
|
Interest/Investment Income -
Non-Operating |
0.8 |
2.6 |
- |
-1.2 |
-1.4 |
|
Interest Income (Expense) - Net
Non-Operating |
- |
-58.8 |
-58.0 |
-50.0 |
- |
|
Interest Income (Expense) - Net Non-Operating Total |
-58.2 |
-56.2 |
-58.0 |
-51.3 |
-50.5 |
|
Other Non-Operating Income
(Expense) |
-10.1 |
0.7 |
-2.7 |
-16.4 |
1.1 |
|
Other, Net |
-10.1 |
0.7 |
-2.7 |
-16.4 |
1.1 |
|
Income Before Tax |
90.4 |
86.3 |
88.7 |
68.5 |
97.7 |
|
|
|
|
|
|
|
|
Total Income Tax |
49.0 |
25.3 |
41.3 |
18.1 |
30.3 |
|
Income After Tax |
41.4 |
61.1 |
47.4 |
50.4 |
67.5 |
|
|
|
|
|
|
|
|
Minority Interest |
-0.9 |
-0.6 |
-1.9 |
-0.6 |
-0.4 |
|
Net Income Before Extraord Items |
40.6 |
60.4 |
45.4 |
49.8 |
67.1 |
|
Discontinued Operations |
-2.5 |
-5.1 |
-13.4 |
-12.5 |
185.6 |
|
Total Extraord Items |
-2.5 |
-5.1 |
-13.4 |
-12.5 |
185.6 |
|
Net Income |
38.1 |
55.4 |
32.1 |
37.3 |
252.7 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
40.6 |
60.4 |
45.4 |
49.8 |
67.1 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
38.1 |
55.4 |
32.1 |
37.3 |
252.7 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
171.3 |
171.3 |
181.6 |
229.6 |
201.7 |
|
Basic EPS Excl Extraord Items |
0.24 |
0.35 |
0.25 |
0.22 |
0.33 |
|
Basic/Primary EPS Incl Extraord Items |
0.22 |
0.32 |
0.18 |
0.16 |
1.25 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Diluted Net Income |
38.1 |
55.4 |
32.1 |
37.3 |
252.7 |
|
Diluted Weighted Average Shares |
172.2 |
172.2 |
182.5 |
231.8 |
203.3 |
|
Diluted EPS Excl Extraord Items |
0.24 |
0.35 |
0.25 |
0.21 |
0.33 |
|
Diluted EPS Incl Extraord Items |
0.22 |
0.32 |
0.18 |
0.16 |
1.24 |
|
Dividends per Share - Common Stock Primary Issue |
0.27 |
0.25 |
0.25 |
0.25 |
0.25 |
|
Gross Dividends - Common Stock |
46.3 |
42.8 |
43.2 |
46.9 |
50.7 |
|
Interest Expense, Supplemental |
59.0 |
- |
- |
- |
49.1 |
|
Depreciation, Supplemental |
67.9 |
80.2 |
73.3 |
68.9 |
70.4 |
|
Total Special Items |
-0.6 |
0.7 |
4.1 |
39.8 |
1.6 |
|
Normalized Income Before Tax |
89.8 |
87.1 |
92.8 |
108.4 |
99.3 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
-0.3 |
0.2 |
1.9 |
10.5 |
0.5 |
|
Inc Tax Ex Impact of Sp Items |
48.6 |
25.5 |
43.2 |
28.7 |
30.8 |
|
Normalized Income After Tax |
41.2 |
61.6 |
49.5 |
79.7 |
68.6 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
40.3 |
61.0 |
47.6 |
79.1 |
68.2 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.24 |
0.36 |
0.26 |
0.34 |
0.34 |
|
Diluted Normalized EPS |
0.23 |
0.35 |
0.26 |
0.34 |
0.34 |
|
Amort of Intangibles, Supplemental |
9.6 |
9.6 |
10.3 |
1.9 |
8.5 |
|
Reported Operating Profit |
158.7 |
141.8 |
- |
- |
148.9 |
|
Normalized EBIT |
158.1 |
142.5 |
153.5 |
176.0 |
148.7 |
|
Normalized EBITDA |
235.6 |
232.3 |
237.1 |
246.8 |
227.6 |
Annual Balance Sheet
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash & Equivalents |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Cash and Short Term Investments |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Accounts
Receivable - Trade, Gross |
566.7 |
545.1 |
610.9 |
572.4 |
583.3 |
|
Provision
for Doubtful Accounts |
-23.3 |
-20.7 |
-25.5 |
-19.6 |
-19.2 |
|
Trade Accounts Receivable - Net |
543.5 |
524.3 |
585.4 |
552.8 |
564.0 |
|
Total Receivables, Net |
543.5 |
524.3 |
585.4 |
552.8 |
564.0 |
|
Prepaid Expenses |
105.5 |
136.9 |
141.5 |
103.9 |
91.3 |
|
Restricted Cash - Current |
35.1 |
35.1 |
0.0 |
- |
- |
|
Deferred Income Tax - Current
Asset |
43.2 |
44.2 |
37.9 |
41.3 |
41.5 |
|
Discontinued Operations - Current
Asset |
7.3 |
213.2 |
- |
- |
- |
|
Other Current Assets, Total |
85.6 |
292.5 |
37.9 |
41.3 |
41.5 |
|
Total Current Assets |
914.5 |
1,212.5 |
1,211.4 |
976.4 |
822.4 |
|
|
|
|
|
|
|
|
Buildings |
475.0 |
469.3 |
429.3 |
346.8 |
314.9 |
|
Land/Improvements |
1,281.6 |
1,235.1 |
1,202.4 |
1,091.3 |
1,073.5 |
|
Machinery/Equipment |
2,382.9 |
2,356.3 |
2,404.1 |
2,167.5 |
1,972.1 |
|
Construction
in Progress |
93.1 |
100.7 |
148.8 |
144.9 |
162.0 |
|
Property/Plant/Equipment - Gross |
4,232.6 |
4,161.4 |
4,184.6 |
3,750.5 |
3,522.5 |
|
Accumulated Depreciation |
-1,825.5 |
-1,693.2 |
-1,616.4 |
-1,363.8 |
-1,186.6 |
|
Property/Plant/Equipment - Net |
2,407.1 |
2,468.2 |
2,568.2 |
2,386.8 |
2,336.0 |
|
Goodwill, Net |
2,254.3 |
2,279.6 |
2,534.7 |
2,452.3 |
2,574.3 |
|
Intangibles - Gross |
600.7 |
540.2 |
631.0 |
597.0 |
557.2 |
|
Accumulated Intangible
Amortization |
-188.7 |
-157.8 |
-164.6 |
-118.4 |
-76.8 |
|
Intangibles, Net |
412.0 |
382.5 |
466.3 |
478.6 |
480.4 |
|
Deferred Charges |
35.8 |
29.1 |
35.2 |
33.2 |
34.0 |
|
Discontinued Operations - Long
Term Asset |
0.0 |
19.5 |
- |
- |
- |
|
Other Long Term Assets |
17.6 |
25.0 |
30.9 |
29.6 |
60.8 |
|
Other Long Term Assets, Total |
53.4 |
73.7 |
66.2 |
62.8 |
94.9 |
|
Total Assets |
6,041.3 |
6,416.4 |
6,846.8 |
6,356.9 |
6,307.9 |
|
|
|
|
|
|
|
|
Accounts Payable |
156.4 |
143.8 |
175.2 |
154.6 |
208.7 |
|
Accrued Expenses |
418.8 |
382.7 |
390.9 |
356.5 |
327.2 |
|
Notes Payable/Short Term Debt |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Current Portion - Long Term Debt/Capital Leases |
73.3 |
96.1 |
40.6 |
35.8 |
33.4 |
|
Customer Advances |
197.2 |
190.7 |
208.1 |
182.8 |
194.3 |
|
Income Taxes Payable |
- |
- |
- |
0.0 |
2.0 |
|
Discontinued Operations - Current
Liability |
3.3 |
61.5 |
- |
- |
- |
|
Other Current liabilities, Total |
200.5 |
252.2 |
208.1 |
182.8 |
196.4 |
|
Total Current Liabilities |
849.0 |
874.7 |
814.7 |
729.6 |
765.7 |
|
|
|
|
|
|
|
|
Long Term Debt |
3,280.3 |
2,912.1 |
3,211.2 |
3,207.5 |
3,232.8 |
|
Total Long Term Debt |
3,280.3 |
2,912.1 |
3,211.2 |
3,207.5 |
3,232.8 |
|
Total Debt |
3,353.6 |
3,008.2 |
3,251.8 |
3,243.2 |
3,266.3 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
507.4 |
492.5 |
467.1 |
427.3 |
351.2 |
|
Deferred Income Tax |
507.4 |
492.5 |
467.1 |
427.3 |
351.2 |
|
Minority Interest |
8.6 |
7.4 |
4.1 |
3.5 |
9.1 |
|
Other Long Term Liabilities |
150.3 |
182.5 |
196.4 |
186.1 |
153.6 |
|
Discontinued Operations -
Liabilities |
0.0 |
1.8 |
- |
- |
- |
|
Other Liabilities, Total |
150.3 |
184.2 |
196.4 |
186.1 |
153.6 |
|
Total Liabilities |
4,795.6 |
4,470.9 |
4,693.5 |
4,554.1 |
4,512.5 |
|
|
|
|
|
|
|
|
Preferred Stock - Non Redeemable |
0.0 |
0.0 |
0.0 |
- |
0.0 |
|
Preferred Stock - Non Redeemable, Net |
0.0 |
0.0 |
0.0 |
- |
0.0 |
|
Common Stock |
1.7 |
2.0 |
2.0 |
2.0 |
2.0 |
|
Common Stock |
1.7 |
2.0 |
2.0 |
2.0 |
2.0 |
|
Additional Paid-In Capital |
343.6 |
1,228.7 |
1,298.7 |
1,250.1 |
1,209.5 |
|
Retained Earnings (Accumulated Deficit) |
902.6 |
685.3 |
825.0 |
591.9 |
509.9 |
|
Other Comprehensive Income |
-2.2 |
29.5 |
27.7 |
-41.2 |
74.1 |
|
Other Equity, Total |
-2.2 |
29.5 |
27.7 |
-41.2 |
74.1 |
|
Total Equity |
1,245.7 |
1,945.4 |
2,153.4 |
1,802.8 |
1,795.5 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
6,041.3 |
6,416.4 |
6,846.8 |
6,356.9 |
6,307.9 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock
Primary Issue |
172.1 |
200.1 |
203.5 |
201.9 |
200.7 |
|
Total Common Shares Outstanding |
172.1 |
200.1 |
203.5 |
201.9 |
200.7 |
|
Treasury Shares - Common Stock Primary Issue |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Shares Outstanding - Preferred
Stock Primary Issue |
0.0 |
0.0 |
0.0 |
- |
- |
|
Total Preferred Stock Outstanding |
0.0 |
0.0 |
0.0 |
- |
- |
|
Employees |
17,000 |
19,400 |
10,500 |
11,400 |
20,100 |
|
Number of Common Shareholders |
50,500 |
- |
48,500 |
66,000 |
79,000 |
|
Accumulated Intangible Amort, Suppl. |
188.7 |
157.8 |
164.6 |
118.4 |
76.8 |
|
Deferred Revenue - Current |
197.2 |
190.7 |
208.1 |
182.8 |
194.3 |
|
Total Long Term Debt, Supplemental |
3,359.2 |
- |
3,254.7 |
3,244.0 |
3,267.0 |
|
Long Term Debt Maturing within 1 Year |
73.3 |
- |
40.6 |
35.8 |
33.4 |
|
Long Term Debt Maturing in Year 2 |
79.2 |
- |
41.9 |
27.0 |
10.5 |
|
Long Term Debt Maturing in Year 3 |
321.2 |
- |
62.0 |
19.2 |
8.5 |
|
Long Term Debt Maturing in Year 4 |
154.0 |
- |
24.6 |
245.7 |
80.1 |
|
Long Term Debt Maturing in Year 5 |
652.3 |
- |
636.0 |
458.0 |
411.7 |
|
Long Term Debt Maturing in 2-3 Years |
400.4 |
- |
103.9 |
46.1 |
19.0 |
|
Long Term Debt Maturing in 4-5 Years |
806.3 |
- |
660.5 |
703.7 |
491.8 |
|
Long Term Debt Matur. in Year 6 & Beyond |
2,079.2 |
- |
2,449.7 |
2,458.4 |
2,722.7 |
|
Interest Costs |
-103.6 |
- |
-117.2 |
-73.5 |
- |
|
Total Capital Leases, Supplemental |
207.3 |
- |
193.7 |
131.7 |
- |
|
Capital Lease Payments Due in Year 1 |
51.5 |
- |
44.5 |
28.6 |
- |
|
Capital Lease Payments Due in Year 2 |
48.8 |
- |
45.8 |
27.1 |
- |
|
Capital Lease Payments Due in Year 3 |
31.8 |
- |
42.4 |
19.1 |
- |
|
Capital Lease Payments Due in Year 4 |
22.7 |
- |
26.8 |
25.5 |
- |
|
Capital Lease Payments Due in Year 5 |
17.5 |
- |
19.3 |
9.4 |
- |
|
Capital Lease Payments Due in 2-3 Years |
80.6 |
- |
88.2 |
46.3 |
- |
|
Capital Lease Payments Due in 4-5 Years |
40.1 |
- |
46.1 |
34.9 |
- |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
138.7 |
- |
132.2 |
95.4 |
- |
|
Total Operating Leases, Supplemental |
2,709.1 |
- |
3,021.7 |
3,095.0 |
3,058.5 |
|
Operating Lease Payments Due in Year 1 |
220.0 |
- |
231.2 |
225.3 |
209.1 |
|
Operating Lease Payments Due in Year 2 |
209.4 |
- |
217.7 |
201.3 |
197.1 |
|
Operating Lease Payments Due in Year 3 |
197.3 |
- |
207.0 |
191.6 |
192.7 |
|
Operating Lease Payments Due in Year 4 |
187.5 |
- |
198.1 |
186.6 |
186.8 |
|
Operating Lease Payments Due in Year 5 |
180.8 |
- |
186.9 |
181.1 |
180.1 |
|
Operating Lease Pymts. Due in 2-3 Years |
406.7 |
- |
424.7 |
392.9 |
389.9 |
|
Operating Lease Pymts. Due in 4-5 Years |
368.3 |
- |
385.0 |
367.7 |
366.9 |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
1,714.3 |
- |
1,980.8 |
2,109.1 |
2,092.6 |
Interim Balance Sheet
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
1 |
1 |
|
|
|
|
|
|
|
|
Cash & Equivalents |
170.2 |
178.3 |
179.8 |
480.9 |
271.4 |
|
Cash and Short Term Investments |
170.2 |
178.3 |
179.8 |
480.9 |
271.4 |
|
Accounts
Receivable - Trade, Gross |
596.7 |
581.6 |
566.7 |
571.4 |
600.9 |
|
Provision
for Doubtful Accounts |
-24.3 |
-23.2 |
-23.3 |
-23.0 |
-23.3 |
|
Trade Accounts Receivable - Net |
572.4 |
558.4 |
543.5 |
548.4 |
577.6 |
|
Total Receivables, Net |
572.4 |
558.4 |
543.5 |
548.4 |
577.6 |
|
Prepaid Expenses |
97.5 |
110.7 |
105.5 |
132.3 |
120.7 |
|
Restricted Cash - Current |
36.6 |
35.1 |
35.1 |
35.1 |
35.1 |
|
Deferred Income Tax - Current
Asset |
14.4 |
42.3 |
43.2 |
51.0 |
51.7 |
|
Discontinued Operations - Current
Asset |
0.0 |
7.3 |
7.3 |
12.3 |
13.1 |
|
Other Current Assets, Total |
51.1 |
84.7 |
85.6 |
98.3 |
99.9 |
|
Total Current Assets |
891.2 |
932.0 |
914.5 |
1,259.9 |
1,069.6 |
|
|
|
|
|
|
|
|
Property/Plant/Equipment - Gross |
4,255.6 |
4,244.2 |
4,232.6 |
4,208.0 |
4,298.3 |
|
Accumulated Depreciation |
-1,879.2 |
-1,841.5 |
-1,825.5 |
-1,812.1 |
-1,820.1 |
|
Property/Plant/Equipment - Net |
2,376.3 |
2,402.7 |
2,407.1 |
2,396.0 |
2,478.2 |
|
Goodwill, Net |
2,321.8 |
2,282.6 |
2,254.3 |
2,259.1 |
2,358.1 |
|
Intangibles - Gross |
711.6 |
674.4 |
600.7 |
599.7 |
633.4 |
|
Accumulated Intangible
Amortization |
-230.0 |
-222.0 |
-188.7 |
-179.6 |
-196.9 |
|
Intangibles, Net |
481.6 |
452.4 |
412.0 |
420.0 |
436.4 |
|
Deferred Charges |
- |
- |
35.8 |
37.2 |
48.2 |
|
Discontinued Operations - Long
Term Asset |
- |
- |
0.0 |
- |
- |
|
Other Long Term Assets |
16.3 |
16.9 |
17.6 |
19.2 |
20.1 |
|
Other Long Term Assets, Total |
16.3 |
16.9 |
53.4 |
56.4 |
68.3 |
|
Total Assets |
6,087.2 |
6,086.6 |
6,041.3 |
6,391.4 |
6,410.7 |
|
|
|
|
|
|
|
|
Accounts Payable |
136.7 |
139.2 |
156.4 |
130.5 |
133.6 |
|
Accrued Expenses |
378.4 |
363.7 |
418.8 |
392.4 |
422.4 |
|
Notes Payable/Short Term Debt |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Current Portion - Long Term Debt/Capital Leases |
62.8 |
63.2 |
73.3 |
63.2 |
66.2 |
|
Customer Advances |
202.9 |
204.1 |
197.2 |
166.1 |
172.8 |
|
Discontinued Operations - Current
Liability |
0.0 |
7.9 |
3.3 |
2.5 |
3.3 |
|
Other Current liabilities, Total |
202.9 |
212.0 |
200.5 |
168.6 |
176.2 |
|
Total Current Liabilities |
780.7 |
778.1 |
849.0 |
754.7 |
798.4 |
|
|
|
|
|
|
|
|
Long Term Debt |
3,430.2 |
3,390.4 |
3,280.3 |
3,257.2 |
2,866.9 |
|
Total Long Term Debt |
3,430.2 |
3,390.4 |
3,280.3 |
3,257.2 |
2,866.9 |
|
Total Debt |
3,493.0 |
3,453.7 |
3,353.6 |
3,320.4 |
2,933.1 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
468.1 |
494.0 |
507.4 |
517.6 |
501.8 |
|
Deferred Income Tax |
468.1 |
494.0 |
507.4 |
517.6 |
501.8 |
|
Minority Interest |
10.7 |
9.2 |
8.6 |
7.4 |
8.5 |
|
Other Long Term Liabilities |
157.9 |
155.3 |
150.3 |
148.3 |
181.4 |
|
Discontinued Operations -
Liabilities |
- |
- |
0.0 |
- |
- |
|
Other Liabilities, Total |
157.9 |
155.3 |
150.3 |
148.3 |
181.4 |
|
Total Liabilities |
4,847.6 |
4,827.0 |
4,795.6 |
4,685.1 |
4,357.1 |
|
|
|
|
|
|
|
|
Common Stock |
1.7 |
1.7 |
1.7 |
1.9 |
2.0 |
|
Common Stock |
1.7 |
1.7 |
1.7 |
1.9 |
2.0 |
|
Additional Paid-In Capital |
332.4 |
317.5 |
343.6 |
774.8 |
1,047.2 |
|
Retained Earnings (Accumulated Deficit) |
906.8 |
915.1 |
902.6 |
924.1 |
933.6 |
|
Other Comprehensive Income |
-1.3 |
25.3 |
-2.2 |
5.6 |
70.8 |
|
Other Equity, Total |
-1.3 |
25.3 |
-2.2 |
5.6 |
70.8 |
|
Total Equity |
1,239.6 |
1,259.6 |
1,245.7 |
1,706.3 |
2,053.6 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
6,087.2 |
6,086.6 |
6,041.3 |
6,391.4 |
6,410.7 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock
Primary Issue |
171.6 |
171.2 |
172.1 |
186.6 |
202.9 |
|
Total Common Shares Outstanding |
171.6 |
171.2 |
172.1 |
186.6 |
202.9 |
|
Treasury Shares - Common Stock Primary Issue |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Shares Outstanding - Preferred
Stock Primary Issue |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Preferred Stock Outstanding |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Treasury Shares - Preferred Primary Issue |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Accumulated Intangible Amort, Suppl. |
230.0 |
222.0 |
188.7 |
179.6 |
196.9 |
|
Deferred Revenue - Current |
202.9 |
204.1 |
197.2 |
166.1 |
172.8 |
|
Total Long Term Debt, Supplemental |
- |
- |
- |
63.2 |
66.2 |
|
Long Term Debt Maturing within 1 Year |
- |
- |
- |
63.2 |
66.2 |
|
Long Term Debt Matur. in Year 6 & Beyond |
- |
- |
- |
0.0 |
0.0 |
Annual Cash Flows
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
399.6 |
-52.7 |
219.4 |
81.9 |
154.0 |
|
Depreciation |
290.6 |
278.8 |
253.1 |
254.6 |
222.7 |
|
Depreciation/Depletion |
290.6 |
278.8 |
253.1 |
254.6 |
222.7 |
|
Amortization of Intangibles |
- |
- |
- |
36.1 |
26.6 |
|
Amortization |
- |
- |
- |
36.1 |
26.6 |
|
Deferred Taxes |
3.4 |
37.7 |
30.3 |
109.1 |
43.8 |
|
Discontinued Operations |
-201.3 |
241.3 |
42.5 |
- |
- |
|
Unusual Items |
45.2 |
76.7 |
3.2 |
7.9 |
0.2 |
|
Other Non-Cash Items |
76.7 |
66.1 |
31.8 |
74.3 |
36.3 |
|
Non-Cash Items |
-79.3 |
384.2 |
77.4 |
82.2 |
36.6 |
|
Accounts Receivable |
-20.8 |
11.8 |
-14.9 |
-25.9 |
-33.7 |
|
Prepaid Expenses |
5.3 |
-8.8 |
-22.1 |
-5.9 |
-12.0 |
|
Accounts Payable |
7.1 |
-0.5 |
10.2 |
-21.7 |
14.2 |
|
Accrued Expenses |
15.6 |
-38.1 |
45.2 |
12.8 |
25.9 |
|
Other Assets & Liabilities,
Net |
-6.1 |
12.9 |
18.3 |
13.7 |
6.4 |
|
Changes in Working Capital |
1.1 |
-22.8 |
36.7 |
-26.9 |
1.0 |
|
Cash from Operating Activities |
615.4 |
625.1 |
616.9 |
537.0 |
484.6 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-209.2 |
-258.8 |
-287.9 |
-386.7 |
-386.4 |
|
Purchase/Acquisition of
Intangibles |
-21.7 |
-13.2 |
-10.7 |
-14.2 |
-16.4 |
|
Capital Expenditures |
-230.9 |
-272.1 |
-298.7 |
-400.9 |
-402.8 |
|
Acquisition of Business |
-75.2 |
-13.8 |
-1.5 |
-56.6 |
-481.5 |
|
Sale of Fixed Assets |
4.2 |
22.5 |
4.6 |
-0.4 |
17.7 |
|
Investment, Net |
-0.3 |
0.0 |
-3.1 |
-1.7 |
0.0 |
|
Other Investing Cash Flow |
380.7 |
-169.3 |
-25.4 |
0.0 |
- |
|
Other Investing Cash Flow Items, Total |
309.4 |
-160.6 |
-25.4 |
-58.7 |
-463.8 |
|
Cash from Investing Activities |
78.5 |
-432.7 |
-324.1 |
-459.6 |
-866.6 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
0.5 |
0.9 |
5.2 |
6.1 |
8.7 |
|
Financing Cash Flow Items |
0.5 |
0.9 |
5.2 |
6.1 |
8.7 |
|
Cash Dividends Paid - Common |
-172.6 |
-37.9 |
0.0 |
0.0 |
- |
|
Total Cash Dividends Paid |
-172.6 |
-37.9 |
0.0 |
0.0 |
- |
|
Repurchase/Retirement
of Common |
-985.0 |
-111.6 |
0.0 |
0.0 |
- |
|
Common Stock, Net |
-985.0 |
-111.6 |
0.0 |
0.0 |
- |
|
Options Exercised |
85.7 |
18.2 |
24.2 |
16.1 |
21.8 |
|
Issuance (Retirement) of Stock, Net |
-899.2 |
-93.3 |
24.2 |
16.1 |
21.8 |
|
Long Term
Debt Issued |
2,565.0 |
53.6 |
573.6 |
1,095.5 |
2,745.9 |
|
Long Term
Debt Reduction |
-2,257.4 |
-304.5 |
-732.7 |
-1,030.4 |
-2,319.4 |
|
Long Term Debt, Net |
307.5 |
-250.9 |
-159.1 |
65.2 |
426.4 |
|
Issuance (Retirement) of Debt, Net |
307.5 |
-250.9 |
-159.1 |
65.2 |
426.4 |
|
Cash from Financing Activities |
-763.8 |
-381.2 |
-129.7 |
87.4 |
457.0 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-9.0 |
0.8 |
5.1 |
-12.0 |
5.2 |
|
Net Change in Cash |
-78.8 |
-188.0 |
168.3 |
152.8 |
80.2 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
258.7 |
446.7 |
278.4 |
125.6 |
45.4 |
|
Net Cash - Ending Balance |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Cash Interest Paid |
203.0 |
226.5 |
216.7 |
242.1 |
215.5 |
|
Cash Taxes Paid |
148.0 |
139.1 |
87.1 |
44.1 |
34.0 |
Interim Cash Flows
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
Period Length |
6 Months |
3 Months |
12 Months |
9 Months |
6 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
94.9 |
56.0 |
399.6 |
365.6 |
327.7 |
|
Depreciation |
139.8 |
70.1 |
290.6 |
217.3 |
145.2 |
|
Depreciation/Depletion |
139.8 |
70.1 |
290.6 |
217.3 |
145.2 |
|
Amortization of Intangibles |
19.2 |
9.6 |
35.2 |
25.9 |
16.7 |
|
Amortization |
19.2 |
9.6 |
35.2 |
25.9 |
16.7 |
|
Deferred Taxes |
-38.7 |
-9.8 |
3.4 |
14.1 |
2.4 |
|
Discontinued Operations |
3.0 |
0.9 |
-201.3 |
-228.7 |
-177.2 |
|
Unusual Items |
0.1 |
0.7 |
45.2 |
59.1 |
0.3 |
|
Other Non-Cash Items |
23.4 |
8.8 |
41.5 |
24.5 |
1.9 |
|
Non-Cash Items |
26.4 |
10.4 |
-114.5 |
-145.0 |
-175.0 |
|
Accounts Receivable |
-24.5 |
-8.8 |
-20.8 |
-17.2 |
-36.0 |
|
Prepaid Expenses |
23.9 |
-13.6 |
5.3 |
-4.1 |
-10.5 |
|
Accounts Payable |
-4.0 |
-2.4 |
7.1 |
0.9 |
3.0 |
|
Accrued Expenses |
-24.9 |
-36.6 |
15.6 |
-41.5 |
-27.4 |
|
Other Assets & Liabilities,
Net |
0.1 |
0.1 |
-6.1 |
-5.0 |
-3.0 |
|
Changes in Working Capital |
-29.4 |
-61.4 |
1.1 |
-66.9 |
-73.9 |
|
Cash from Operating Activities |
212.2 |
74.9 |
615.4 |
411.0 |
243.1 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-107.4 |
-55.9 |
-209.2 |
-148.3 |
-99.2 |
|
Purchase/Acquisition of
Intangibles |
-8.1 |
-3.0 |
-21.7 |
-16.9 |
-11.1 |
|
Capital Expenditures |
-115.5 |
-58.9 |
-230.9 |
-165.2 |
-110.3 |
|
Acquisition of Business |
-107.3 |
-8.8 |
-75.2 |
-75.2 |
-75.2 |
|
Sale of Fixed Assets |
1.9 |
1.9 |
4.2 |
3.8 |
0.0 |
|
Investment, Net |
0.0 |
0.0 |
-0.3 |
- |
-0.5 |
|
Purchase of Investments |
-1.5 |
0.0 |
- |
- |
0.0 |
|
Other Investing Cash Flow |
-6.1 |
-1.1 |
380.7 |
371.3 |
376.4 |
|
Other Investing Cash Flow Items, Total |
-113.1 |
-8.1 |
309.4 |
300.0 |
300.7 |
|
Cash from Investing Activities |
-228.6 |
-67.0 |
78.5 |
134.8 |
190.5 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
0.6 |
0.3 |
0.5 |
0.7 |
0.1 |
|
Financing Cash Flow Items |
0.6 |
0.3 |
0.5 |
0.7 |
0.1 |
|
Cash Dividends Paid - Common |
-86.0 |
-43.2 |
-172.6 |
-125.7 |
-75.0 |
|
Total Cash Dividends Paid |
-86.0 |
-43.2 |
-172.6 |
-125.7 |
-75.0 |
|
Repurchase/Retirement
of Common |
-38.1 |
-38.1 |
-985.0 |
-548.5 |
-261.0 |
|
Common Stock, Net |
-38.1 |
-38.1 |
-985.0 |
-548.5 |
-261.0 |
|
Options Exercised |
11.0 |
1.3 |
85.7 |
81.9 |
69.5 |
|
Issuance (Retirement) of Stock, Net |
-27.0 |
-36.7 |
-899.2 |
-466.6 |
-191.5 |
|
Long Term
Debt Issued |
1,888.3 |
701.1 |
2,565.0 |
2,451.8 |
1,676.1 |
|
Long Term
Debt Reduction |
-1,768.8 |
-635.6 |
-2,257.4 |
-2,180.9 |
-1,833.2 |
|
Long Term Debt, Net |
119.5 |
65.5 |
307.5 |
271.0 |
-157.1 |
|
Issuance (Retirement) of Debt, Net |
119.5 |
65.5 |
307.5 |
271.0 |
-157.1 |
|
Cash from Financing Activities |
7.1 |
-14.1 |
-763.8 |
-320.6 |
-423.5 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-0.3 |
4.7 |
-9.0 |
-2.9 |
2.7 |
|
Net Change in Cash |
-9.6 |
-1.6 |
-78.8 |
222.2 |
12.7 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
179.8 |
179.8 |
258.7 |
258.7 |
258.7 |
|
Net Cash - Ending Balance |
170.2 |
178.3 |
179.8 |
480.9 |
271.4 |
|
Cash Interest Paid |
114.5 |
56.1 |
203.0 |
162.4 |
107.5 |
|
Cash Taxes Paid |
83.8 |
38.1 |
148.0 |
124.7 |
68.6 |
Annual Income Statement
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Restated Normal |
Restated Normal |
Restated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Storage |
1,683.0 |
1,598.7 |
1,533.8 |
1,496.2 |
1,362.2 |
|
Service |
1,331.7 |
1,293.6 |
1,240.6 |
1,329.2 |
1,204.4 |
|
Total Revenue |
3,014.7 |
2,892.3 |
2,774.4 |
2,825.4 |
2,566.5 |
|
|
|
|
|
|
|
|
Cost of Sales |
1,245.2 |
1,192.9 |
1,201.9 |
1,311.9 |
1,212.5 |
|
Sell./Gen./Admin. |
834.6 |
772.8 |
749.9 |
759.3 |
677.8 |
|
Gain/Loss on Disposal of Property,
Plant |
-2.3 |
-11.0 |
0.2 |
7.5 |
-5.5 |
|
Intangible Impairments |
46.5 |
85.9 |
0.0 |
- |
- |
|
Deprec./Amort. |
319.5 |
304.2 |
277.2 |
254.5 |
220.2 |
|
Debt Extinguishment |
1.0 |
1.8 |
3.0 |
- |
- |
|
Total Operating Expense |
2,444.5 |
2,346.6 |
2,232.2 |
2,333.2 |
2,105.1 |
|
|
|
|
|
|
|
|
Interest Expense |
-207.6 |
-206.3 |
-215.1 |
- |
- |
|
Interest Expense, Net |
- |
- |
- |
-220.0 |
-214.1 |
|
Interest income |
2.3 |
1.8 |
2.6 |
- |
- |
|
Exchange Effects |
-17.4 |
-5.7 |
12.8 |
- |
- |
|
Other, Net |
5.3 |
-1.3 |
2.8 |
-31.5 |
-4.1 |
|
Net Income Before Taxes |
352.9 |
334.2 |
345.3 |
240.8 |
243.2 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
106.5 |
167.5 |
113.8 |
146.1 |
72.6 |
|
Net Income After Taxes |
246.4 |
166.7 |
231.5 |
94.6 |
170.5 |
|
|
|
|
|
|
|
|
Minority Interest |
-4.1 |
-4.9 |
-1.4 |
0.1 |
-0.9 |
|
Net Income Before Extra. Items |
242.4 |
161.8 |
230.1 |
94.7 |
169.6 |
|
Loss from Discontinued Operations |
-47.4 |
-219.4 |
-12.1 |
-14.9 |
-17.9 |
|
Gain on Sale of Discontinued
Operations |
200.6 |
0.0 |
0.0 |
- |
- |
|
Net Income |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
242.4 |
161.8 |
230.1 |
94.7 |
169.6 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
194.8 |
202.0 |
202.8 |
201.3 |
199.9 |
|
Basic EPS Excluding ExtraOrdinary Items |
1.24 |
0.80 |
1.13 |
0.47 |
0.85 |
|
Basic EPS Including ExtraOrdinary Item |
2.03 |
-0.29 |
1.07 |
0.40 |
0.76 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
- |
- |
|
Diluted Net Income |
395.5 |
-57.6 |
218.0 |
79.8 |
151.8 |
|
Diluted Weighted Average Shares |
195.9 |
202.0 |
204.3 |
203.3 |
202.1 |
|
Diluted EPS Excluding ExtraOrd Items |
1.24 |
0.80 |
1.13 |
0.47 |
0.84 |
|
Diluted EPS Including ExtraOrd Items |
2.02 |
-0.29 |
1.07 |
0.39 |
0.75 |
|
DPS-Common Stock |
0.94 |
0.38 |
0.00 |
0.00 |
0.00 |
|
Gross Dividends - Common Stock |
178.4 |
75.4 |
0.0 |
0.0 |
0.0 |
|
Normalized Income Before Taxes |
398.1 |
410.9 |
348.5 |
248.3 |
237.7 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
120.1 |
205.9 |
114.8 |
148.8 |
71.0 |
|
Normalized Income After Taxes |
278.0 |
205.0 |
233.7 |
99.5 |
166.7 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
273.9 |
200.1 |
232.2 |
99.6 |
165.8 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
1.41 |
0.99 |
1.15 |
0.49 |
0.83 |
|
Diluted Normalized EPS |
1.40 |
0.99 |
1.14 |
0.49 |
0.82 |
|
Interest Expense |
207.6 |
206.3 |
215.1 |
- |
- |
|
Depreciation |
290.6 |
278.8 |
253.1 |
254.5 |
220.2 |
|
Amort of Intangibles |
28.9 |
25.4 |
24.1 |
- |
- |
|
Rental Expense |
243.0 |
238.5 |
240.9 |
- |
- |
|
Current Federal |
47.5 |
77.0 |
53.5 |
- |
- |
|
Current State |
23.8 |
32.5 |
18.0 |
- |
- |
|
Current Foreign |
31.7 |
20.4 |
12.0 |
- |
- |
|
Current Tax - Total |
103.1 |
129.8 |
83.4 |
- |
- |
|
Deferred Federal |
25.7 |
41.8 |
23.1 |
- |
- |
|
Deferred State |
-1.1 |
-0.9 |
6.5 |
- |
- |
|
Deferred Foreign |
-21.2 |
-3.3 |
0.8 |
- |
- |
|
Deferred Tax - Total |
3.4 |
37.7 |
30.3 |
- |
- |
|
Income Tax - Total |
106.5 |
167.5 |
113.8 |
- |
- |
|
Operating Income |
571.2 |
547.5 |
545.2 |
- |
- |
|
401(k) Savings Plan |
18.1 |
14.3 |
11.5 |
- |
- |
|
Total Pension Expense |
18.1 |
14.3 |
11.5 |
- |
- |
Interim Income Statement
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
Period Length |
3 Months |
3 Months |
3 Months |
3 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Restated
Calculated |
Restated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
|
|
|
|
|
|
|
Storage Rental |
433.4 |
425.3 |
420.8 |
427.3 |
419.1 |
|
Service |
318.7 |
321.2 |
321.0 |
341.0 |
339.4 |
|
Total Revenue |
752.2 |
746.5 |
741.8 |
768.3 |
758.6 |
|
|
|
|
|
|
|
|
Cost of Sales |
313.1 |
315.3 |
315.3 |
306.4 |
307.6 |
|
Selling, general and
administrative |
203.5 |
210.7 |
189.4 |
209.0 |
223.4 |
|
Depreciation and Amortization |
77.5 |
78.0 |
83.6 |
76.9 |
78.9 |
|
Intangible Impairments |
- |
0.0 |
4.0 |
42.5 |
- |
|
(Gain) Loss on Disposal /
Write-down of |
-0.6 |
0.7 |
0.1 |
-1.7 |
-0.2 |
|
Debt Extinguishment |
- |
0.0 |
- |
-1.0 |
1.8 |
|
Total Operating Expense |
593.5 |
604.7 |
592.4 |
632.1 |
611.5 |
|
|
|
|
|
|
|
|
Interest Expense, Net |
- |
-58.8 |
-58.0 |
-50.0 |
- |
|
Interest Expense |
-59.0 |
- |
- |
- |
-49.1 |
|
Interest income |
0.8 |
- |
- |
- |
0.5 |
|
Currency Gain |
- |
2.6 |
- |
-1.2 |
-1.9 |
|
OTHER EXPENSE (INCOME), NET |
-10.1 |
0.7 |
-2.7 |
-16.4 |
1.1 |
|
Net Income Before Taxes |
90.4 |
86.3 |
88.7 |
68.5 |
97.7 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
49.0 |
25.3 |
41.3 |
18.1 |
30.3 |
|
Net Income After Taxes |
41.4 |
61.1 |
47.4 |
50.4 |
67.5 |
|
|
|
|
|
|
|
|
Less: Net Income (Loss)
Attributable to |
-0.9 |
-0.6 |
-1.9 |
-0.6 |
-0.4 |
|
Net Income Before Extra. Items |
40.6 |
60.4 |
45.4 |
49.8 |
67.1 |
|
Gain on Sale of Discontinued
Operations |
-0.6 |
- |
-13.7 |
222.1 |
-7.8 |
|
Loss from Discontinued Operations |
-1.9 |
-5.1 |
0.4 |
-234.6 |
193.3 |
|
Net Income |
38.1 |
55.4 |
32.1 |
37.3 |
252.7 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
40.6 |
60.4 |
45.4 |
49.8 |
67.1 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
38.1 |
55.4 |
32.1 |
37.3 |
252.7 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
171.3 |
171.3 |
181.6 |
229.6 |
201.7 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.24 |
0.35 |
0.25 |
0.22 |
0.33 |
|
Basic EPS Including ExtraOrdinary Item |
0.22 |
0.32 |
0.18 |
0.16 |
1.25 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Diluted Net Income |
38.1 |
55.4 |
32.1 |
37.3 |
252.7 |
|
Diluted Weighted Average Shares |
172.2 |
172.2 |
182.5 |
231.8 |
203.3 |
|
Diluted EPS Excluding ExtraOrd Items |
0.24 |
0.35 |
0.25 |
0.21 |
0.33 |
|
Diluted EPS Including ExtraOrd Items |
0.22 |
0.32 |
0.18 |
0.16 |
1.24 |
|
DPS-Common Stock |
0.27 |
0.25 |
0.25 |
0.25 |
0.25 |
|
Gross Dividends - Common Stock |
46.3 |
42.8 |
43.2 |
46.9 |
50.7 |
|
Normalized Income Before Taxes |
89.8 |
87.1 |
92.8 |
108.4 |
99.3 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
48.6 |
25.5 |
43.2 |
28.7 |
30.8 |
|
Normalized Income After Taxes |
41.2 |
61.6 |
49.5 |
79.7 |
68.6 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
40.3 |
61.0 |
47.6 |
79.1 |
68.2 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.24 |
0.36 |
0.26 |
0.34 |
0.34 |
|
Diluted Normalized EPS |
0.23 |
0.35 |
0.26 |
0.34 |
0.34 |
|
Interest Expense |
59.0 |
- |
- |
- |
49.1 |
|
Depreciation |
67.9 |
80.2 |
73.3 |
68.9 |
70.4 |
|
Amort of Intangibles |
9.6 |
9.6 |
10.3 |
1.9 |
8.5 |
|
Operating Income |
158.7 |
141.8 |
- |
- |
148.9 |
Annual Balance Sheet
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Equiv. |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Restricted cash |
35.1 |
35.1 |
0.0 |
- |
- |
|
Gross Rcvbls. |
566.7 |
545.1 |
610.9 |
572.4 |
583.3 |
|
Doubtful Accnts. |
-23.3 |
-20.7 |
-25.5 |
-19.6 |
-19.2 |
|
Deferred income taxes |
43.2 |
44.2 |
37.9 |
41.3 |
41.5 |
|
Prepaid expenses and other |
105.5 |
136.9 |
141.5 |
103.9 |
91.3 |
|
Assets of Discontinued Operations |
7.3 |
213.2 |
- |
- |
- |
|
Total Current Assets |
914.5 |
1,212.5 |
1,211.4 |
976.4 |
822.4 |
|
|
|
|
|
|
|
|
Land |
172.5 |
170.6 |
- |
- |
- |
|
Buildings and building
improvements |
1,109.2 |
1,064.5 |
- |
- |
- |
|
Real Property |
- |
- |
1,202.4 |
1,091.3 |
1,073.5 |
|
Leasehold Improvement |
475.0 |
469.3 |
429.3 |
346.8 |
314.9 |
|
Racking |
1,420.2 |
1,368.2 |
1,318.5 |
1,198.0 |
1,158.0 |
|
Warehouse Equip. |
356.0 |
362.7 |
343.6 |
275.9 |
202.5 |
|
Furniture/Fix. |
79.2 |
77.0 |
78.3 |
72.7 |
68.1 |
|
Hardware/Soft. |
527.6 |
548.5 |
663.7 |
620.9 |
543.5 |
|
Constr. in Prog. |
93.1 |
100.7 |
148.8 |
144.9 |
162.0 |
|
Less: Accumulated Depreciation |
-1,825.5 |
-1,693.2 |
-1,616.4 |
-1,363.8 |
-1,186.6 |
|
Goodwill, net |
2,254.3 |
2,279.6 |
2,534.7 |
2,452.3 |
2,574.3 |
|
Customer relationships and acquisition |
593.9 |
533.2 |
574.2 |
541.3 |
557.2 |
|
Other intangible assets |
6.8 |
7.0 |
56.7 |
55.7 |
- |
|
Accumulated amortisation |
-188.7 |
-157.8 |
-164.6 |
-118.4 |
-76.8 |
|
Other Non-current Assets, net |
17.6 |
25.0 |
30.9 |
29.6 |
60.8 |
|
Deferred financing costs |
35.8 |
29.1 |
35.2 |
33.2 |
34.0 |
|
Assets of Discontinued Operations |
0.0 |
19.5 |
- |
- |
- |
|
Total Assets |
6,041.3 |
6,416.4 |
6,846.8 |
6,356.9 |
6,307.9 |
|
|
|
|
|
|
|
|
Cur.Port.LT Debt |
73.3 |
96.1 |
40.6 |
35.8 |
33.4 |
|
Accounts Payable |
156.4 |
143.8 |
175.2 |
154.6 |
208.7 |
|
Accrued Expenses |
418.8 |
382.7 |
390.9 |
356.5 |
327.2 |
|
Income Taxes |
- |
- |
- |
0.0 |
2.0 |
|
Deferred revenue |
197.2 |
190.7 |
208.1 |
182.8 |
194.3 |
|
Liabilities of Discontinued
Operations |
3.3 |
61.5 |
- |
- |
- |
|
Total Current Liabilities |
849.0 |
874.7 |
814.7 |
729.6 |
765.7 |
|
|
|
|
|
|
|
|
Long Term Debt |
3,280.3 |
2,912.1 |
3,211.2 |
3,207.5 |
3,232.8 |
|
Total Long Term Debt |
3,280.3 |
2,912.1 |
3,211.2 |
3,207.5 |
3,232.8 |
|
|
|
|
|
|
|
|
Deferred Income Taxes |
507.4 |
492.5 |
467.1 |
427.3 |
351.2 |
|
Liabilities of Discontinued
Operations |
0.0 |
1.8 |
- |
- |
- |
|
Other Long-term Liabilities |
53.2 |
86.6 |
105.9 |
113.1 |
90.0 |
|
Deferred Rent |
97.2 |
95.9 |
90.5 |
73.0 |
63.6 |
|
Minority Int. |
8.6 |
7.4 |
4.1 |
3.5 |
9.1 |
|
Total Liabilities |
4,795.6 |
4,470.9 |
4,693.5 |
4,554.1 |
4,512.5 |
|
|
|
|
|
|
|
|
Preferred stock |
0.0 |
0.0 |
0.0 |
- |
0.0 |
|
Common stock (par value $0.01;
authorize |
1.7 |
2.0 |
2.0 |
2.0 |
2.0 |
|
Additional paid-in capital |
343.6 |
1,228.7 |
1,298.7 |
1,250.1 |
1,209.5 |
|
Retained earnings |
902.6 |
685.3 |
825.0 |
591.9 |
509.9 |
|
Accumulated other comprehensive
items, n |
-2.2 |
29.5 |
27.7 |
-41.2 |
74.1 |
|
Total Equity |
1,245.7 |
1,945.4 |
2,153.4 |
1,802.8 |
1,795.5 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
6,041.3 |
6,416.4 |
6,846.8 |
6,356.9 |
6,307.9 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
172.1 |
200.1 |
203.5 |
201.9 |
200.7 |
|
Total Common Shares Outstanding |
172.1 |
200.1 |
203.5 |
201.9 |
200.7 |
|
T/S-Common Stock |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
S/O-Preferred Stock |
0.0 |
0.0 |
0.0 |
- |
- |
|
Total Preferred Shares Outstanding |
0.0 |
0.0 |
0.0 |
- |
- |
|
Deferred Revenue - Current |
197.2 |
190.7 |
208.1 |
182.8 |
194.3 |
|
Accumulated Amortization of Intangibles |
188.7 |
157.8 |
164.6 |
118.4 |
76.8 |
|
Full-Time Employees |
17,000 |
19,400 |
10,500 |
11,400 |
20,100 |
|
Number of Common Shareholders |
50,500 |
- |
48,500 |
66,000 |
79,000 |
|
Long Term Debt Payable within 1 Year |
73.3 |
- |
40.6 |
35.8 |
33.4 |
|
Long Term Debt Payable within 2 Years |
79.2 |
- |
41.9 |
27.0 |
10.5 |
|
Long Term Debt Payable within 3 Years |
321.2 |
- |
62.0 |
19.2 |
8.5 |
|
Long Term Debt Payable within 4 Years |
154.0 |
- |
24.6 |
245.7 |
80.1 |
|
Long Term Debt Payable within 5 Years |
652.3 |
- |
636.0 |
458.0 |
411.7 |
|
Long Term Debt Payable Thereafter |
2,079.2 |
- |
2,449.7 |
2,458.4 |
2,722.7 |
|
Total Long Term Debt, Supplemental |
3,359.2 |
- |
3,254.7 |
3,244.0 |
3,267.0 |
|
Capital Leases Maturing within 1 Year |
51.5 |
- |
44.5 |
28.6 |
- |
|
Capital Leases Maturing within 2 Year |
48.8 |
- |
45.8 |
27.1 |
- |
|
Capital Leases Maturing within 3 Years |
31.8 |
- |
42.4 |
19.1 |
- |
|
Capital Leases Maturing within 6 Years |
22.7 |
- |
26.8 |
25.5 |
- |
|
Capital Leases Maturing within 5 Years |
17.5 |
- |
19.3 |
9.4 |
- |
|
Capital Leases Maturing Thereafter |
138.7 |
- |
132.2 |
95.4 |
- |
|
Interest cost |
-103.6 |
- |
-117.2 |
-73.5 |
- |
|
Total Capital Leases |
207.3 |
- |
193.7 |
131.7 |
- |
|
Operating Lease Payable within 1 year |
220.0 |
- |
231.2 |
225.3 |
209.1 |
|
Operating Lease Payable within 2 Years |
209.4 |
- |
217.7 |
201.3 |
197.1 |
|
Operating Lease Payable within 3 Years |
197.3 |
- |
207.0 |
191.6 |
192.7 |
|
Operating Lease Payable within 4 Years |
187.5 |
- |
198.1 |
186.6 |
186.8 |
|
Operating Lease Payable within 5 Years |
180.8 |
- |
186.9 |
181.1 |
180.1 |
|
Operating Lease Payable Thereafter |
1,714.3 |
- |
1,980.8 |
2,109.1 |
2,092.6 |
|
Total Operating Leases |
2,709.1 |
- |
3,021.7 |
3,095.0 |
3,058.5 |
Interim Balance Sheet
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate |
1 |
1 |
1 |
1 |
1 |
|
|
|
|
|
|
|
|
Cash & Equivalents |
170.2 |
178.3 |
179.8 |
480.9 |
271.4 |
|
Restricted Cash |
36.6 |
35.1 |
35.1 |
35.1 |
35.1 |
|
Gross Receivables |
596.7 |
581.6 |
566.7 |
571.4 |
600.9 |
|
Doubtful Accounts |
-24.3 |
-23.2 |
-23.3 |
-23.0 |
-23.3 |
|
Deferred income taxes |
14.4 |
42.3 |
43.2 |
51.0 |
51.7 |
|
Prepaid expenses and other |
97.5 |
110.7 |
105.5 |
132.3 |
120.7 |
|
Assets of Discontinued Operations |
0.0 |
7.3 |
7.3 |
12.3 |
13.1 |
|
Total Current Assets |
891.2 |
932.0 |
914.5 |
1,259.9 |
1,069.6 |
|
|
|
|
|
|
|
|
Property, Plant and Equipment at
Cost |
4,255.6 |
4,244.2 |
4,232.6 |
4,208.0 |
4,298.3 |
|
Accumulated Depreciation |
-1,879.2 |
-1,841.5 |
-1,825.5 |
-1,812.1 |
-1,820.1 |
|
Goodwill, net |
2,321.8 |
2,282.6 |
2,254.3 |
2,259.1 |
2,358.1 |
|
Deferred financing costs |
- |
- |
35.8 |
37.2 |
48.2 |
|
Customer relationships and
acquisition |
649.9 |
612.6 |
593.9 |
592.8 |
626.4 |
|
Accumulated Amortization |
-202.7 |
-196.2 |
-183.8 |
-175.0 |
-176.3 |
|
Deferred Financing Costs |
54.9 |
55.0 |
- |
- |
- |
|
Amortization |
-22.0 |
-20.6 |
- |
- |
- |
|
Non-Compete Agreements |
- |
- |
- |
3.1 |
3.0 |
|
Core Technology |
3.7 |
3.8 |
6.8 |
3.8 |
3.9 |
|
Accumulated Amortization |
-2.7 |
-2.6 |
-4.9 |
-4.6 |
-20.7 |
|
Trademarks and Non-Compete
Agreements |
3.1 |
3.1 |
- |
- |
- |
|
Trademarks and Non-Compete
Agreements |
-2.6 |
-2.6 |
- |
- |
- |
|
Other Non-current Assets, net |
16.3 |
16.9 |
17.6 |
19.2 |
20.1 |
|
Assets of Discontinued Operations |
- |
- |
0.0 |
- |
- |
|
Total Assets |
6,087.2 |
6,086.6 |
6,041.3 |
6,391.4 |
6,410.7 |
|
|
|
|
|
|
|
|
Cur.Port.LT Debt |
62.8 |
63.2 |
73.3 |
63.2 |
66.2 |
|
Accounts Payable |
136.7 |
139.2 |
156.4 |
130.5 |
133.6 |
|
Accrued Expenses |
378.4 |
363.7 |
418.8 |
392.4 |
422.4 |
|
Deferred revenue |
202.9 |
204.1 |
197.2 |
166.1 |
172.8 |
|
Liabilities of Discontinued
Operations |
0.0 |
7.9 |
3.3 |
2.5 |
3.3 |
|
Total Current Liabilities |
780.7 |
778.1 |
849.0 |
754.7 |
798.4 |
|
|
|
|
|
|
|
|
Long Term Debt |
3,430.2 |
3,390.4 |
3,280.3 |
3,257.2 |
2,866.9 |
|
Total Long Term Debt |
3,430.2 |
3,390.4 |
3,280.3 |
3,257.2 |
2,866.9 |
|
|
|
|
|
|
|
|
Liabilities of Discontinued
Operations |
- |
- |
0.0 |
- |
- |
|
Other Long-term Liabilities |
61.5 |
57.7 |
53.2 |
52.7 |
85.7 |
|
Deferred Rent |
96.4 |
97.6 |
97.2 |
95.6 |
95.7 |
|
Deferred Income Taxes |
468.1 |
494.0 |
507.4 |
517.6 |
501.8 |
|
NONCONTROLLING INTERESTS |
10.7 |
9.2 |
8.6 |
7.4 |
8.5 |
|
Total Liabilities |
4,847.6 |
4,827.0 |
4,795.6 |
4,685.1 |
4,357.1 |
|
|
|
|
|
|
|
|
Common stock (par value $0.01;
authorize |
1.7 |
1.7 |
1.7 |
1.9 |
2.0 |
|
Additional paid in capital |
332.4 |
317.5 |
343.6 |
774.8 |
1,047.2 |
|
Retained earnings |
906.8 |
915.1 |
902.6 |
924.1 |
933.6 |
|
Accumulated other comprehensive
items, n |
-1.3 |
25.3 |
-2.2 |
5.6 |
70.8 |
|
Total Equity |
1,239.6 |
1,259.6 |
1,245.7 |
1,706.3 |
2,053.6 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
6,087.2 |
6,086.6 |
6,041.3 |
6,391.4 |
6,410.7 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
171.6 |
171.2 |
172.1 |
186.6 |
202.9 |
|
Total Common Shares Outstanding |
171.6 |
171.2 |
172.1 |
186.6 |
202.9 |
|
T/S-Common Stock |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
S/O-Preferred Stock |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Preferred Shares Outstanding |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
T/S-Preferred Stock |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Deferred Revenue - Current |
202.9 |
204.1 |
197.2 |
166.1 |
172.8 |
|
Accumulated Amortization |
230.0 |
222.0 |
188.7 |
179.6 |
196.9 |
|
Current maturities |
- |
- |
- |
63.2 |
66.2 |
|
Total Long Term Debt, Supplemental |
- |
- |
- |
63.2 |
66.2 |
Annual Cash Flows
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
Auditor |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
Deloitte & Touche
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified |
|
|
|
|
|
|
|
|
Net Income |
399.6 |
-52.7 |
219.4 |
81.9 |
154.0 |
|
Depreciation |
290.6 |
278.8 |
253.1 |
254.6 |
222.7 |
|
Intangible impairments |
46.5 |
85.9 |
0.0 |
- |
- |
|
Goodwill impairment |
- |
- |
- |
0.0 |
- |
|
Amort. of Fin. Costs |
35.2 |
30.8 |
29.2 |
5.0 |
5.4 |
|
Loss from discontinued operation |
47.4 |
219.4 |
12.1 |
- |
- |
|
Amortization |
- |
- |
- |
36.1 |
26.6 |
|
Gain on sale of discontinued oper |
-200.6 |
0.0 |
0.0 |
- |
- |
|
Gain on Disposal of property
,plant and |
-2.3 |
-11.0 |
0.2 |
- |
- |
|
Loss on early extinguishment of
debt |
1.0 |
1.8 |
3.0 |
0.4 |
5.7 |
|
Prov. Dfrd. Taxes |
3.4 |
37.7 |
30.3 |
109.1 |
43.8 |
|
Stock Compensation |
17.3 |
17.3 |
15.2 |
19.0 |
13.9 |
|
Sale of Fixed Assets |
- |
- |
- |
7.5 |
-5.5 |
|
Foreign Currency |
24.3 |
18.0 |
-12.7 |
50.3 |
17.1 |
|
Accounts Receivable |
-20.8 |
11.8 |
-14.9 |
-25.9 |
-33.7 |
|
Prepaid Expenses |
5.3 |
-8.8 |
-22.1 |
-5.9 |
-12.0 |
|
Accounts Payable |
7.1 |
-0.5 |
10.2 |
-21.7 |
14.2 |
|
Accrued Expenses |
15.6 |
-38.1 |
45.2 |
12.8 |
25.9 |
|
Other Assets/Liabs. |
-6.1 |
12.9 |
18.3 |
13.7 |
6.4 |
|
Disc. Opereations |
-48.1 |
21.9 |
30.3 |
- |
- |
|
Cash from Operating Activities |
615.4 |
625.1 |
616.9 |
537.0 |
484.6 |
|
|
|
|
|
|
|
|
Cash Paid For Acq. |
-75.2 |
-13.8 |
-1.5 |
-56.6 |
-481.5 |
|
Capital Expenditures |
-209.2 |
-258.8 |
-287.9 |
-386.7 |
-386.4 |
|
Investment in restricted cash |
0.0 |
-35.1 |
0.0 |
0.0 |
- |
|
Investment in joint ventures |
-0.3 |
0.0 |
-3.1 |
-1.7 |
0.0 |
|
Additions to customer relationship
cost |
-21.7 |
-13.2 |
-10.7 |
-14.2 |
-16.4 |
|
Proceeds from sales of property
& Equip. |
4.2 |
22.5 |
4.6 |
-0.4 |
17.7 |
|
Discontinued Ops |
380.7 |
-134.2 |
-25.4 |
- |
- |
|
Cash from Investing Activities |
78.5 |
-432.7 |
-324.1 |
-459.6 |
-866.6 |
|
|
|
|
|
|
|
|
Repayment of Debt |
-2,017.2 |
-101.9 |
-283.3 |
-957.5 |
-2,311.3 |
|
Early retirement of notes |
-231.3 |
-202.6 |
-447.9 |
-71.9 |
0.0 |
|
Borrowings |
2,171.0 |
53.6 |
33.9 |
800.0 |
2,310.0 |
|
Net proceeds from sales of senior
subord |
394.0 |
0.0 |
539.7 |
295.5 |
435.8 |
|
Excess tax benefits from stock
based com |
0.9 |
2.3 |
5.5 |
5.1 |
6.8 |
|
Stock Options |
85.7 |
18.2 |
24.2 |
16.1 |
21.8 |
|
Parent cash dividends |
-172.6 |
-37.9 |
0.0 |
0.0 |
- |
|
Stock repurchases |
-985.0 |
-111.6 |
0.0 |
0.0 |
- |
|
Debt Fin. Shrhldr |
0.7 |
0.2 |
1.1 |
1.0 |
2.0 |
|
Payment of Debt |
-9.0 |
0.0 |
-1.6 |
-1.0 |
-8.1 |
|
Disc. Opereations |
-1.1 |
-1.5 |
-1.4 |
- |
- |
|
Cash from Financing Activities |
-763.8 |
-381.2 |
-129.7 |
87.4 |
457.0 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-9.0 |
0.8 |
5.1 |
-12.0 |
5.2 |
|
Net Change in Cash |
-78.8 |
-188.0 |
168.3 |
152.8 |
80.2 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
258.7 |
446.7 |
278.4 |
125.6 |
45.4 |
|
Net Cash - Ending Balance |
179.8 |
258.7 |
446.7 |
278.4 |
125.6 |
|
Cash Interest Paid |
203.0 |
226.5 |
216.7 |
242.1 |
215.5 |
|
Cash Taxes Paid |
148.0 |
139.1 |
87.1 |
44.1 |
34.0 |
Interim Cash Flows
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
Period Length |
6 Months |
3 Months |
12 Months |
9 Months |
6 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
USD |
USD |
USD |
USD |
USD |
|
Exchange Rate (Period
Average) |
1 |
1 |
1 |
1 |
1 |
|
|
|
|
|
|
|
|
Net Income |
94.9 |
56.0 |
399.6 |
365.6 |
327.7 |
|
Depreciation |
139.8 |
70.1 |
290.6 |
217.3 |
145.2 |
|
Intangible impairments |
- |
- |
46.5 |
53.0 |
- |
|
(Gain) Loss on sale of
discontinued oper |
1.9 |
- |
-200.6 |
-200.3 |
-193.3 |
|
Amortization (includes deferred
financin |
19.2 |
9.6 |
35.2 |
25.9 |
16.7 |
|
Loss (Income) from discontinued
operatio |
5.7 |
5.1 |
47.4 |
10.8 |
14.3 |
|
Stock Base Compensation |
16.1 |
9.8 |
17.3 |
12.4 |
8.0 |
|
Loss on early extinguishment of
debt, ne |
0.0 |
- |
- |
1.0 |
1.0 |
|
(Benefit) Provision for deferred
income |
-38.7 |
-9.8 |
3.4 |
14.1 |
2.4 |
|
Impair. LT Assets |
- |
- |
- |
5.1 |
- |
|
Foreign Currency |
7.2 |
-1.0 |
24.3 |
12.1 |
-6.2 |
|
Gain on early extinguishment of
debt |
- |
0.0 |
1.0 |
- |
- |
|
(Gain) Loss on disposal/write-down
of pr |
0.1 |
0.7 |
-2.3 |
- |
-0.7 |
|
Accounts Receivable |
-24.5 |
-8.8 |
-20.8 |
-17.2 |
-36.0 |
|
Prepaid expenses and other |
23.9 |
-13.6 |
5.3 |
-4.1 |
-10.5 |
|
Accounts Payable |
-4.0 |
-2.4 |
7.1 |
0.9 |
3.0 |
|
Cash Flows from Operating
Activities-Dis |
- |
-4.2 |
- |
- |
- |
|
Other Assets & LT Liabilities |
0.1 |
0.1 |
-6.1 |
-5.0 |
-3.0 |
|
Accrued expenses and deferred
revenue |
-24.9 |
-36.6 |
15.6 |
-41.5 |
-27.4 |
|
Cash Flows from Operating
ActivitiesR |
-4.7 |
- |
-48.1 |
-39.3 |
1.8 |
|
Cash from Operating Activities |
212.2 |
74.9 |
615.4 |
411.0 |
243.1 |
|
|
|
|
|
|
|
|
Capital Expenditures |
-107.4 |
-55.9 |
-209.2 |
-148.3 |
-99.2 |
|
Cash Paid For Acq. |
-107.3 |
-8.8 |
-75.2 |
-75.2 |
-75.2 |
|
Investment in restricted cash |
-1.5 |
0.0 |
- |
- |
0.0 |
|
Additions to customer relationship
costs |
-8.1 |
-3.0 |
-21.7 |
-16.9 |
-11.1 |
|
Cash Flows from Investing
Activities-Dis |
- |
-1.1 |
- |
- |
- |
|
Investment in joint ventures |
0.0 |
0.0 |
-0.3 |
- |
-0.5 |
|
Investment in restricted cash |
- |
- |
0.0 |
0.0 |
- |
|
Cash Flows from Investing
ActivitiesR |
-6.1 |
- |
380.7 |
371.3 |
376.4 |
|
Proceeds from sales of property
and equi |
1.9 |
1.9 |
4.2 |
3.8 |
0.0 |
|
Cash from Investing Activities |
-228.6 |
-67.0 |
78.5 |
134.8 |
190.5 |
|
|
|
|
|
|
|
|
Repayment of Debt |
-1,768.7 |
-635.5 |
-2,017.2 |
-1,940.7 |
-1,593.7 |
|
Borrowings Issued |
1,888.3 |
701.1 |
2,171.0 |
2,057.8 |
1,676.1 |
|
Net proceeds from sales of senior
notes |
- |
- |
394.0 |
394.0 |
- |
|
Financing-Minority |
0.4 |
0.2 |
0.7 |
0.5 |
0.5 |
|
Proceeds from exercise of stock
options |
11.0 |
1.3 |
85.7 |
81.9 |
69.5 |
|
Cash Flows from Financing
ActivitiesR |
0.0 |
- |
-1.1 |
-0.4 |
-0.4 |
|
Cash Flows from Financing
Activities-Dis |
- |
0.0 |
- |
- |
- |
|
Excess tax benefits from SBC |
0.3 |
0.2 |
0.9 |
0.6 |
0.1 |
|
Payment of debt financing costs |
-0.1 |
-0.1 |
-9.0 |
-8.9 |
-8.2 |
|
Repay Term Loans |
0.0 |
0.0 |
-231.3 |
-231.3 |
-231.3 |
|
Parent cash dividends |
-86.0 |
-43.2 |
-172.6 |
-125.7 |
-75.0 |
|
Stock repurchases |
-38.1 |
-38.1 |
-985.0 |
-548.5 |
-261.0 |
|
Cash from Financing Activities |
7.1 |
-14.1 |
-763.8 |
-320.6 |
-423.5 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-0.3 |
4.7 |
-9.0 |
-2.9 |
2.7 |
|
Net Change in Cash |
-9.6 |
-1.6 |
-78.8 |
222.2 |
12.7 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
179.8 |
179.8 |
258.7 |
258.7 |
258.7 |
|
Net Cash - Ending Balance |
170.2 |
178.3 |
179.8 |
480.9 |
271.4 |
|
Cash Interest Paid |
114.5 |
56.1 |
203.0 |
162.4 |
107.5 |
|
Cash Taxes Paid |
83.8 |
38.1 |
148.0 |
124.7 |
68.6 |
Geographic Segments
Financials in: As Reported (mil)
|
Annual |
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Business Segments
Financials in: As
Reported (mil)
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Annual |
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Business Segments
Financials in: As
Reported (mil)
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Interim |
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Standard & Poor’s
|
United
States of America Long-Term Rating Lowered To 'AA+' Due To Political Risks,
Rising Debt Burden; Outlook Negative |
|
Publication
date: 05-Aug-2011 20:13:14 EST |
·
We have lowered our long-term sovereign
credit rating on the United States of America to 'AA+' from 'AAA' and affirmed
the 'A-1+' short-term rating.
·
We have also removed both the
short- and long-term ratings from CreditWatch negative.
·
The downgrade reflects our opinion that the fiscal consolidation plan
that Congress and the Administration recently agreed to falls short of what, in
our view, would be necessary to stabilize the government's medium-term debt
dynamics.
·
More broadly, the downgrade reflects our view that the effectiveness,
stability, and predictability of American policymaking and political
institutions have weakened at a time of ongoing fiscal and economic challenges
to a degree more than we envisioned when we assigned a negative outlook to the
rating on April 18, 2011.
·
Since then, we have changed our view of the difficulties in bridging
the gulf between the political parties over fiscal policy, which makes us
pessimistic about the capacity of Congress and the Administration to be able to
leverage their agreement this week into a broader fiscal consolidation plan
that stabilizes the government's debt dynamics any time soon.
·
The outlook on the long-term rating is negative. We could lower the
long-term rating to 'AA' within the next two years if we see that less
reduction in spending than agreed to, higher interest rates, or new fiscal
pressures during the period result in a higher general government debt
trajectory than we currently assume in our base case.
TORONTO (Standard &
Poor's) Aug. 5, 2011--Standard & Poor's Ratings Services said today that it
lowered its long-term sovereign credit rating on the United States of America
to 'AA+' from 'AAA'. Standard & Poor's also said that the outlook on the
long-term rating is negative. At the same time, Standard & Poor's affirmed
its 'A-1+' short-term rating on the U.S. In addition, Standard & Poor's
removed both ratings from CreditWatch, where they were placed on July 14, 2011,
with negative implications.
The transfer and convertibility
(T&C) assessment of the U.S.--our assessment of the likelihood of official
interference in the ability of U.S.-based public- and private-sector issuers to
secure foreign exchange for
debt service--remains
'AAA'.
We lowered our long-term
rating on the U.S. because we believe that the prolonged controversy over
raising the statutory debt ceiling and the related fiscal policy debate
indicate that further near-term progress containing the growth in public
spending, especially on entitlements, or on reaching an agreement on raising
revenues is less likely than we previously assumed and will remain a
contentious and fitful process. We also believe that the fiscal consolidation
plan that Congress and the Administration agreed to this week falls short of
the amount that we believe is necessary to stabilize the general government
debt burden by the middle of the decade.
Our lowering of the
rating was prompted by our view on the rising public debt burden and our
perception of greater policymaking uncertainty, consistent with our criteria
(see "Sovereign
Government Rating Methodology and Assumptions ," June 30, 2011,
especially Paragraphs 36-41). Nevertheless, we view the U.S. federal government's
other economic, external, and monetary credit attributes, which form the basis
for the sovereign rating, as broadly unchanged.
We have taken the ratings
off CreditWatch because the Aug. 2 passage of the Budget Control Act Amendment
of 2011 has removed any perceived immediate threat of payment default posed by
delays to raising the government's debt ceiling. In addition, we believe that
the act provides sufficient clarity to allow us to evaluate the likely course
of U.S. fiscal policy for the next few years.
The political brinksmanship of
recent months highlights what we see as America's governance and policymaking
becoming less stable, less effective, and less predictable than what we
previously believed. The statutory debt ceiling and the threat of default have
become political bargaining chips in the debate over fiscal policy. Despite
this year's wide-ranging debate, in our view, the differences between political
parties have proven to be extraordinarily difficult to bridge, and, as we see
it, the resulting agreement fell well short of the comprehensive fiscal
consolidation program that some proponents had envisaged until quite recently.
Republicans and Democrats have only been able to agree to relatively modest
savings on discretionary spending while delegating to the Select Committee
decisions on more comprehensive measures. It appears that for now, new revenues
have dropped down on the menu of policy options. In addition, the plan
envisions only minor policy changes on Medicare and little change in other
entitlements,
the containment of which
we and most other independent observers regard as key to long-term fiscal
sustainability.
Our opinion is that
elected officials remain wary of tackling the structural issues required to
effectively address the rising U.S. public debt burden in a manner consistent
with a 'AAA' rating and with 'AAA' rated sovereign peers (see Sovereign
Government Rating Methodology and Assumptions," June 30, 2011,
especially Paragraphs 36-41). In our view, the difficulty in framing a
consensus on fiscal policy weakens the government's ability to manage public
finances and diverts attention from the debate over how to achieve more
balanced and dynamic economic growth in an era of fiscal stringency and
private-sector deleveraging (ibid). A new political consensus might (or might
not) emerge after the 2012 elections, but we believe that by then, the
government debt burden will likely be higher, the needed medium-term fiscal
adjustment potentially greater, and the inflection point on the U.S.
population's demographics and other age-related spending drivers closer at hand
(see "Global
Aging 2011: In The U.S., Going Gray Will Likely Cost Even More Green, Now,"
June 21, 2011).
Standard & Poor's
takes no position on the mix of spending and revenue measures that Congress and
the Administration might conclude is appropriate for putting the U.S.'s
finances on a sustainable footing.
The act calls for as much
as $2.4 trillion of reductions in expenditure growth over the 10 years through
2021. These cuts will be implemented in two steps: the $917 billion agreed to
initially, followed by an additional $1.5 trillion that the newly formed
Congressional Joint Select Committee on Deficit Reduction is supposed to
recommend by November 2011. The act contains no measures to raise taxes or
otherwise enhance revenues, though the committee could recommend them.
The act further provides
that if Congress does not enact the committee's recommendations, cuts of $1.2
trillion will be implemented over the same time period. The reductions would
mainly affect outlays for civilian discretionary spending, defense, and
Medicare. We understand that this fall-back mechanism is designed to encourage
Congress to embrace a more balanced mix of expenditure savings, as the
committee might recommend.
We note that in a letter
to Congress on Aug. 1, 2011, the Congressional Budget Office (CBO) estimated
total budgetary savings under the act to be at least $2.1 trillion over the
next 10 years relative to its baseline assumptions. In updating our own fiscal
projections, with certain modifications outlined below, we have relied on the
CBO's latest "Alternate Fiscal Scenario" of June 2011, updated to
include the CBO assumptions contained in its Aug. 1 letter to Congress. In
general, the CBO's "Alternate Fiscal Scenario" assumes a continuation
of recent Congressional action overriding existing law.
We view the act's
measures as a step toward fiscal consolidation. However, this is within the
framework of a legislative mechanism that leaves open the details of what is finally
agreed to until the end of 2011, and Congress and the Administration could
modify any agreement in the future. Even assuming that at least $2.1 trillion
of the spending reductions the act envisages are implemented, we maintain our
view that the U.S. net general government debt burden (all levels of government
combined, excluding liquid financial assets) will likely continue to grow.
Under our revised base case fiscal scenario--which we consider to be consistent
with a 'AA+' long-term rating and a negative outlook--we now project that net
general government debt would rise from an estimated 74% of GDP by the end of
2011 to 79% in 2015 and 85% by 2021. Even the projected 2015 ratio of sovereign
indebtedness is high in relation to those of peer credits and, as noted, would
continue to rise under the act's revised policy settings.
Compared with previous
projections, our revised base case scenario now assumes that the 2001 and 2003
tax cuts, due to expire by the end of 2012, remain in place. We have changed
our assumption on this because the majority of Republicans in Congress continue
to resist any measure that would raise revenues, a position we believe Congress
reinforced by passing the act. Key macroeconomic assumptions in the base case
scenario include trend real GDP growth of 3% and consumer price inflation near
2% annually over the decade.
Our revised upside
scenario--which, other things being equal, we view as consistent with the
outlook on the 'AA+' long-term rating being revised to stable--retains these
same macroeconomic assumptions. In addition, it incorporates $950 billion of
new revenues on the assumption that the 2001 and 2003 tax cuts for high earners
lapse from 2013 onwards, as the Administration is advocating. In this scenario,
we project that the net general government debt would rise from an estimated
74% of GDP by the end of 2011 to 77% in 2015 and to 78% by 2021.
Our revised downside
scenario--which, other things being equal, we view as being consistent with a
possible further downgrade to a 'AA' long-term rating--features less-favorable
macroeconomic assumptions, as outlined below and also assumes that the second
round of spending cuts (at least $1.2 trillion) that the act calls for does not
occur. This scenario also assumes somewhat higher nominal interest rates for
U.S. Treasuries. We still believe that the role of the U.S. dollar as the key
reserve currency confers a government funding advantage, one that could change
only slowly over time, and that Fed policy might lean toward continued loose
monetary policy at a time of fiscal tightening. Nonetheless, it is possible
that interest rates could rise if investors re-price relative risks. As a
result, our alternate scenario factors in a 50 basis point (bp)-75 bp rise in
10-year bond yields relative to the base and upside cases from 2013 onwards. In
this scenario, we project the net public debt burden would rise from 74% of GDP
in 2011 to 90% in 2015 and to 101% by 2021.
Our revised scenarios
also take into account the significant negative revisions to historical GDP
data that the Bureau of Economic Analysis announced on July 29. From our
perspective, the effect of these revisions underscores two related points when
evaluating the likely debt trajectory of the U.S. government. First, the revisions
show that the recent recession was deeper than previously assumed, so the GDP
this year is lower than previously thought in both nominal and real terms.
Consequently, the debt burden is slightly higher. Second, the revised data
highlight the sub-par path of the current economic recovery when compared with
rebounds following previous post-war recessions. We believe the sluggish pace
of the current economic recovery could be consistent with the experiences of
countries that have had financial crises in which the slow process of debt
deleveraging in the private sector leads to a persistent drag on demand. As a
result, our downside case scenario assumes relatively modest real trend GDP
growth of 2.5% and inflation of near 1.5% annually going forward.
When comparing the U.S.
to sovereigns with 'AAA' long-term ratings that we view as relevant
peers--Canada, France, Germany, and the U.K.--we also observe, based on our
base case scenarios for each, that the trajectory of the U.S.'s net public debt
is diverging from the others. Including the U.S., we estimate that these five
sovereigns will have net general government debt to GDP ratios this year
ranging from 34% (Canada) to 80% (the U.K.), with the U.S. debt burden at 74%.
By 2015, we project that their net public debt to GDP ratios will range between
30% (lowest, Canada) and 83% (highest, France), with the U.S. debt burden at
79%. However, in contrast with the U.S., we project that the net public debt
burdens of these other sovereigns will begin to decline, either before or by
2015.
Standard & Poor's
transfer T&C assessment of the U.S. remains 'AAA'. Our T&C assessment
reflects our view of the likelihood of the sovereign restricting other public
and private issuers' access to foreign exchange needed to meet debt service.
Although in our view the credit standing of the U.S. government has
deteriorated modestly, we see little indication that official interference of
this kind is entering onto the policy agenda of either Congress or the
Administration. Consequently, we continue to view this risk as being highly
remote.
The outlook on the
long-term rating is negative. As our downside alternate fiscal scenario
illustrates, a higher public debt trajectory than we currently assume could
lead us to lower the long-term rating again. On the other hand, as our upside
scenario highlights, if the recommendations of the Congressional Joint Select
Committee on Deficit Reduction--independently or coupled with other
initiatives, such as the lapsing of the 2001 and 2003 tax cuts for high
earners--lead to fiscal consolidation measures beyond the minimum mandated, and
we believe they are likely to slow the deterioration of the government's debt
dynamics, the long-term rating could stabilize at 'AA+'.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.42 |
|
UK Pound |
1 |
Rs.86.78 |
|
Euro |
1 |
Rs.68.03 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.