| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | restructuring | completed | 2022-09-01 | 2025-12-31 | Global | Corporate and Other | USD 0 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn completed as of December 31, 2025. No restructuring costs incurred in Q1 2026. Prior year costs included severance and professional fees. | ||
| 2025-12-31 | restructuring | completed | 2022-09 | 2025-12-31 | Global | All segments (Global RIM Business; Global Data Center Business; Corporate and Other) | USD 196 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Global operating-model transformation program; investments completed during 2025. FY2025 charge of ~$195.9M comprises restructuring costs ($86.3M: site consolidation and exit costs, employee severance, professional fees) and other transformation costs ($109.6M: project management and third-party consultant fees). FY2025 restructuring by segment: Global RIM $78.6M, Global Data Center $0.4M, Corporate and Other $7.2M. Cumulative since inception through FY2025 ~$574.4M (cumulative-to-date as presented by filer); accrued restructuring/transformation liability of $40.3M at December 31, 2025. No affected-employee counts disclosed. | ||
| 2025-12-31 | restructuring | completed | 2022-09 | 2025-12-31 | Global | Enterprise-wide (global operating model transformation) | USD 196 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 charge of $195.9M comprises $86.3M restructuring and $109.6M other transformation; cumulative $574.4M since September 2022 inception. Investments completed during 2025. No employee-affected headcount disclosed. FY2025 restructuring cost by segment: Global RIM $78.6M, Global Data Center $0.4M, Corporate and Other $7.2M. Related facility-consolidation asset write-downs of $24.6M recorded in Loss (gain) on disposal/write-down of property, plant and equipment. | ||
| 2025-12-31 | restructuring | completed | 2022-09 | 2025-12-31 | Global | All segments | USD 196 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Project Matterhorn investments completed in 2025. Total costs incurred in 2025 were approximately $195.9 million, comprising restructuring costs (site consolidation, employee severance, professional fees) and other transformation costs. Employee count affected not disclosed. | ||
| 2025-12-31 | restructuring | in_progress | Restructuring [Member] / Project Matterhorn [Member] | USD 86,287,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Other Restructuring, Transformation [Member] / Project Matterhorn [Member] | USD 109,625,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Project Matterhorn [Member] | USD 195,912,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | 2022-09 | 2025-12-31 | Global RIM Business; Global Data Center Business; Corporate and Other | USD 47 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Project Matterhorn restructuring and other transformation costs of $47.3 million for the three months ended September 30, 2025; program includes site consolidation and exit costs, employee severance, and professional fees. No employee count disclosed. | |||
| 2025-09-30 | restructuring | in_progress | 2022-09 | 2025-12-31 | Global RIM Business; Global Data Center Business; Corporate and Other | USD 152 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Year-to-date restructuring and other transformation costs of $152.4 million for the nine months ended September 30, 2025; approximately $530.9 million incurred since program inception. Accrued restructuring and other transformation liability of $30.8 million at September 30, 2025. No employee count disclosed. | |||
| 2025-09-30 | restructuring | in_progress | 2022-09 | 2025-12-31 | Global | Global (all segments) | USD 152 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program comprises restructuring costs (site consolidation, employee severance, related professional fees) and other transformation costs; no employee-affected count disclosed. Charge shown is nine months ended September 30, 2025; Q3 2025 charge was $47.3 million. Cumulative costs since inception approximately $530.9 million. | ||
| 2025-09-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global RIM Business, Global Data Center Business, Corporate and Other | USD 47 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn ongoing. Q3 2025 charges include $21.5M restructuring and $25.8M other transformation costs. Cumulative charges since inception approx $530.9M. Employee count affected not disclosed. | ||
| 2025-09-30 | restructuring | in_progress | Restructuring [Member] / Project Matterhorn [Member] | USD 61,604,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Other Restructuring, Transformation [Member] / Project Matterhorn [Member] | USD 90,828,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Project Matterhorn [Member] | USD 152,432,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global RIM Business, Global Data Center Business, Corporate and Other | USD 105,086 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn program. Costs include site consolidation, employee severance, and professional fees. No specific employee count disclosed for the period. | ||
| 2025-06-30 | restructuring | in_progress | Restructuring [Member] / Project Matterhorn [Member] | USD 40,102,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Other Restructuring, Transformation [Member] / Project Matterhorn [Member] | USD 64,984,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Project Matterhorn [Member] | USD 105,086,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global RIM Business; Global Data Center Business; Corporate and Other | USD 55 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Project Matterhorn transformation program; Q1 2025 costs of $54.7 million ($21.9M restructuring, $32.9M other transformation). No employee counts disclosed. Cumulative costs of approximately $433.3 million since inception; approximately $150 million expected in 2025, when the program is expected to be completed. | |||
| 2025-03-31 | restructuring | in_progress | 2022-09 | 2025-12-31 | Global | Global RIM Business; Global Data Center Business; Corporate and Other | USD 55 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2025 charge of $54.7M ($21.9M restructuring, $32.9M other transformation); ~$433.3M incurred inception-to-date; ~$150.0M expected during FY2025 when program completes. Costs include site consolidation, employee severance and professional fees, but no employee counts are disclosed. Accrued balance $36.2M at 2025-03-31. | ||
| 2025-03-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Corporate and Other; Global RIM Business; Global Data Center Business | USD 54,746 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn costs incurred in Q1 2025 include $21.9M restructuring and $32.9M other transformation. Program expected to complete by Dec 31, 2025. | ||
| 2025-03-31 | restructuring | in_progress | Restructuring [Member] / Project Matterhorn [Member] | USD 21,856,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Other Restructuring, Transformation [Member] / Project Matterhorn [Member] | USD 32,890,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Project Matterhorn [Member] | USD 54,746,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Enterprise-wide (global operating model transformation) | USD 161 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2024 charge of $161.4M ($51.1M restructuring, $110.3M other transformation); cumulative $378.5M since Sept 2022 inception; ~$150.0M expected in FY2025 at which point program completes. No employee-affected count disclosed; costs include site consolidation, severance and professional fees. | ||
| 2024-12-31 | acquisition_addition | completed | 2024-01-03 | 2024-01-03 | United States | Corporate and Other — Asset Lifecycle Management (ALM) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of RSR Partners, LLC (Regency Technologies), an IT asset disposition provider, for ~$200.0M initial purchase price. Headcount added through the acquisition is not disclosed. | |||
| 2024-12-31 | restructuring | in_progress | 2022-09 | 2025-12-31 | Global | Global Operating Model Transformation | USD 161 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Program announced in September 2022. $161.4 million incurred in FY2024. Expected to incur ~$150.0 million in FY2025. Costs include site consolidation, employee severance, and professional fees. Employee count not explicitly disclosed for FY2024 activity. | ||
| 2024-12-31 | restructuring | in_progress | Restructuring [Member] / Project Matterhorn [Member] | USD 51,082,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Other Restructuring, Transformation [Member] / Project Matterhorn [Member] | USD 110,277,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Project Matterhorn [Member] | USD 161,359,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global RIM Business; Global Data Center Business; Corporate and Other | USD 37 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Project Matterhorn transformation program; three-month charge of $37.3 million ($11.6M restructuring, $25.7M other transformation). No employee counts disclosed. Program expected to cost approximately $150 million annually from 2023 through 2025. | |||
| 2024-09-30 | acquisition_addition | completed | 2024-09-20 | United States, Ireland, United Kingdom, Thailand | Asset Lifecycle Management (Corporate and Other) | USD 52 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired 100% of Wisetek Solutions Limited, an IT asset disposition provider, for approximately 46.6 million Euros (~$51.9 million) plus up to ~$4.7 million earnout. Headcount added not disclosed. | |||
| 2024-09-30 | acquisition_addition | completed | 2024-01-03 | United States | Asset Lifecycle Management (Corporate and Other) | USD 200 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired 100% of RSR Partners, LLC (Regency Technologies) for approximately $200 million initial purchase price plus contingent consideration up to $200 million. Headcount added not disclosed. | |||
| 2024-09-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global RIM Business | USD 39 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn restructuring costs for the nine months ended Sept 30, 2024. Includes site consolidation, exit costs, and severance. | ||
| 2024-09-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global Data Center Business | USD 3 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn restructuring costs for the nine months ended Sept 30, 2024. | ||
| 2024-09-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Corporate and Other | USD 3 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn restructuring costs for the nine months ended Sept 30, 2024. | ||
| 2024-09-30 | acquisition_addition | completed | 2024-01-03 | 2024-01-03 | United States | Corporate and Other | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Regency Technologies (RSR Partners, LLC). Headcount not explicitly disclosed. | |||
| 2024-09-30 | acquisition_addition | completed | 2024-09-20 | 2024-09-20 | Global | Corporate and Other | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Wisetek Solutions Limited. Headcount not explicitly disclosed. | |||
| 2024-09-30 | restructuring | in_progress | Restructuring [Member] / Project Matterhorn [Member] | USD 38,618,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Other Restructuring, Transformation [Member] / Project Matterhorn [Member] | USD 85,944,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Project Matterhorn [Member] | USD 124,562,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | 2022-09 | 2025-12-31 | Global | Global (all segments) | USD 87 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2024 charge of $87.3M ($46.5M in Q2); cumulative $304.4M since Sept 2022 inception; ~$150M annual cost expected 2023-2025. No employee counts disclosed. | ||
| 2024-06-30 | acquisition_addition | completed | 2024-01-03 | 2024-01-03 | United States | Corporate and Other (ALM business) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of RSR Partners LLC (Regency Technologies), IT asset disposition provider; $200M initial purchase price. Headcount added not disclosed. | |||
| 2024-06-30 | acquisition_addition | announced | 2024-07-01 | 2025-03 | India | Global Data Center Business (Web Werks JV) | USD 17 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tranche I (~8.55% interest) closed 2024-07-05 for ~$35M; ~$17M charge to Other expense (income), net in Q3 2024. Tranche II (~28.06%) due March 2025 for ~$115M. Headcount not disclosed. | ||
| 2024-06-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global RIM Business | USD 27 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn restructuring costs for six months ended June 30, 2024. Employee count not disclosed. | ||
| 2024-06-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global Data Center Business | USD 3 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn restructuring costs for six months ended June 30, 2024. Employee count not disclosed. | ||
| 2024-06-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Corporate and Other | USD 2 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn restructuring costs for six months ended June 30, 2024. Employee count not disclosed. | ||
| 2024-06-30 | acquisition_addition | completed | 2024-01-03 | 2024-01-03 | United States | Corporate and Other | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Regency Technologies (RSR Partners, LLC). Headcount added not explicitly disclosed. | |||
| 2024-06-30 | restructuring | in_progress | Restructuring [Member] / Project Matterhorn [Member] | USD 27,062,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Other Restructuring, Transformation [Member] / Project Matterhorn [Member] | USD 28,084,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Project Matterhorn [Member] | USD 87,280,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | acquisition_addition | completed | 2024-01-03 | United States | Corporate and Other (ALM business) | USD 200,000 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired 100% of RSR Partners, LLC (Regency Technologies), an IT asset disposition services provider, for approximately $200.0 million initial purchase price; no employee headcount figures disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global RIM Business; Global Data Center Business; Corporate and Other | USD 40,767 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Project Matterhorn restructuring and other transformation costs of $40.8 million in Q1 2024; program expected to cost approximately $150.0 million annually from 2023 through 2025; includes site consolidation exit costs, employee severance costs and professional fees. No employee counts disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global | USD 41 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2024 charge of $40.8M (restructuring $10.7M, other transformation $30.0M); cumulative $257.9M since inception. No employee headcount affected disclosed. Expected ~$150M annual cost 2023-2025. | ||
| 2024-03-31 | acquisition_addition | completed | 2024-01-03 | 2024-01-03 | United States | Corporate and Other (Asset Lifecycle Management) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of RSR Partners LLC (Regency Technologies), IT asset disposition provider. Initial purchase price ~$200M. Headcount added not disclosed. | |||
| 2024-03-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Corporate and Other; Global RIM Business; Global Data Center Business | USD 41 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn costs incurred in Q1 2024 include $10.7M restructuring and $30.0M other transformation. Employee count affected not disclosed. | ||
| 2024-03-31 | acquisition_addition | completed | 2024-01-03 | 2024-01-03 | United States | Corporate and Other | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 100% of Regency Technologies. Headcount added not explicitly disclosed. | |||
| 2024-03-31 | restructuring | in_progress | Restructuring [Member] / Project Matterhorn [Member] | USD 10,726,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Other Restructuring, Transformation [Member] / Project Matterhorn [Member] | USD 30,041,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Project Matterhorn [Member] | USD 40,767,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Enterprise-wide (global operating model transformation) | USD 175 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2023 charge of $175.2M ($57.3M restructuring + $117.9M other transformation); program announced Sept 2022 with ~$150M expected annually 2023-2025. No employee-affected count disclosed. Cumulative through 2023-12-31: $217.1M. | ||
| 2023-12-31 | acquisition_addition | completed | 2023-06-29 | 2023-06-29 | United States | Global RIM Business (Consumer Storage) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Clutter Intermediate, Inc. and control of the Clutter JV for $60.6M total consideration; headcount added not disclosed. | |||
| 2023-12-31 | acquisition_addition | completed | 2023-07-07 | 2023-07-07 | India | Global Data Center Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Final ~$45.3M investment raised ownership in Web Werks JV to 63.39% and triggered consolidation of its results; headcount added not disclosed. | |||
| 2023-12-31 | acquisition_addition | completed | 2024-01-03 | 2024-01-03 | United States | Corporate and Other (ALM business) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event after fiscal year-end; initial purchase price ~$200.0M ($125.0M paid at closing, remainder due 2025) plus contingent consideration payable 2027. Headcount added not disclosed. | |||
| 2023-12-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | All Segments | USD 175 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Matterhorn. Total costs incurred in FY2023 were $175.2 million. Employee headcount affected not disclosed. | ||
| 2023-12-31 | restructuring | in_progress | Restructuring [Member] / Project Matterhorn [Member] | USD 57,319,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Other Restructuring, Transformation [Member] / Project Matterhorn [Member] | USD 117,895,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Project Matterhorn [Member] | USD 175,214,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global RIM Business; Global Data Center Business; Corporate and Other | USD 38,861 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Project Matterhorn global program announced September 2022; company expects roughly $150 million of annual costs from 2023 through 2025. Q3 2023 charge of $38.9 million (restructuring $11.7 million; other transformation $27.1 million); YTD charge $121.4 million; cumulative $163.3 million since inception. No employee counts disclosed. | |||
| 2023-09-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global | USD 121 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month 2023 charge of $121.4M; Q3 charge of $38.9M. No employee headcount affected disclosed. Program includes site consolidation, severance, and professional fees. | ||
| 2023-09-30 | acquisition_addition | completed | 2023-07-07 | 2023-07-07 | India | Global Data Center Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Final investment in Web Werks JV increased interest to 63.39%, triggering consolidation. No headcount added disclosed. | |||
| 2023-09-30 | acquisition_addition | completed | 2023-06-29 | 2023-06-29 | United States | Global RIM Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Clutter Intermediate, Inc. for $60.6M total consideration. No headcount added disclosed. | |||
| 2023-09-30 | acquisition_addition | announced | 2023-10-30 | United States | Asset Lifecycle Management | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire RSR Partners LLC (Regency Technologies) for ~$200M initial purchase price. No headcount disclosed. | ||||
| 2023-09-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global RIM Business, Global Data Center Business, Corporate and Other | USD 39 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn: Global program to accelerate growth and transform operating model. Q3 2023 charges of $38.9M include restructuring costs ($11.7M) and other transformation costs ($27.1M). Employee count affected not disclosed. | ||
| 2023-09-30 | acquisition_addition | completed | 2023-07-07 | 2023-07-07 | India | Global Data Center Business | USD 45 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Web Werks Transaction: Final investment to acquire controlling interest (63.39%) in Web Werks JV. Headcount added not disclosed. | ||
| 2023-09-30 | acquisition_addition | completed | 2023-06-29 | 2023-06-29 | United States | Global RIM Business | USD 61 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Clutter Acquisition: Acquired 100% of Clutter Intermediate, Inc. Headcount added not disclosed. | ||
| 2023-09-30 | acquisition_addition | announced | 2023-10-30 | United States | Asset Lifecycle Management | USD 200 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to acquire RSR Partners, LLC (Regency Technologies). Headcount added not disclosed. | |||
| 2023-06-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global RIM Business; Global Data Center Business; Corporate and Other | USD 45,588 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Global growth acceleration program announced September 2022; expected ~$150 million annual costs 2023-2025. Q2 2023 charge of $45.6 million ($16.1 million restructuring, $29.5 million other transformation); no employee counts disclosed. Restructuring component by segment: Global RIM $15.0 million, Data Center $0, Corporate and Other $1.1 million. | ||
| 2023-06-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global RIM Business; Global Data Center Business; Corporate and Other | USD 82,501 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Year-to-date 2023 charge of $82.5 million ($28.1 million restructuring, $54.4 million other transformation); cumulative $124.4 million since inception. No employee counts disclosed. | ||
| 2023-06-30 | restructuring | in_progress | 2022-09 | 2025-12-31 | Global | Global RIM Business; Global Data Center Business; Corporate and Other | USD 83 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global transformation program announced September 2022; no employee counts disclosed. Charge shown is six months ended 2023-06-30 total ($45.6M in Q2; $124.4M since inception). Costs expected at roughly $150M annually 2023-2025, implying program completion by end of 2025. YTD charge split by segment: Global RIM $24.5M, Data Center $0.1M, Corporate and Other $3.5M restructuring, plus $54.4M other transformation costs. Accrued amounts at quarter-end: $7.4M restructuring, $22.2M other transformation. | ||
| 2023-06-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global RIM Business, Global Data Center Business, Corporate and Other | USD 46 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn: Global program to accelerate growth. Q2 2023 charges of $45.6M include restructuring ($16.1M) and other transformation ($29.5M). Employee severance costs are included in restructuring costs. No specific headcount affected disclosed. | ||
| 2023-03-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global RIM Business; Global Data Center Business; Corporate and Other | USD 37 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Project Matterhorn announced September 2022; Q1 2023 costs of $36.9 million comprise $11.957 million restructuring (site consolidation, exit costs, severance, professional fees) and $24.956 million other transformation costs. No employee counts disclosed. Company expects approximately $150 million in costs annually from 2023 through 2025; cumulative costs from inception through March 31, 2023 were approximately $78.8 million. | |||
| 2023-03-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global (all segments) | USD 37 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2023 charge of $36.9M ($11.96M restructuring, $24.96M other transformation); ~$150M expected annually 2023-2025. No employee counts disclosed. | ||
| 2023-03-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global | USD 37 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn: Global program to accelerate growth and transform operating model. Q1 2023 costs of $36.9M include restructuring ($12.0M) and other transformation ($25.0M). Employee count affected not disclosed. | ||
| 2022-12-31 | restructuring | in_progress | 2022-09-30 | 2025-12-31 | Global | Global (enterprise-wide operating model transformation) | USD 42 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2022 charge of $41.9M (restructuring $13.3M; other transformation $28.6M). Company expects approximately $150.0M in costs annually from 2023 through 2025; employee headcount impact not disclosed. Announcement month given as September 2022. | ||
| 2022-12-31 | acquisition_addition | completed | 2022-01-25 | 2022-01-25 | Primarily United States | Corporate and Other — Asset Lifecycle Management (ALM) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of approximately 80% interest in Intercept Parent, Inc. (ITRenew) for $725.0M purchase price; 100% of revenues and expenses consolidated from 2022-01-25. Headcount added not disclosed. | |||
| 2022-12-31 | divestiture_reduction | completed | 2022-03-24 | 2022-03-24 | Europe (excluding Ukraine) | Global RIM Business — Records Management | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Loss of control and deconsolidation of OSG Records Management (Europe) Limited businesses excluding Ukraine; $105.8M loss recognized. Deconsolidated businesses represented approximately $44.9M of revenue in 2021. Headcount removed not disclosed. | |||
| 2022-12-31 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Global Operating Model Transformation | USD 42 (millions) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Announced in September 2022. Costs include site consolidation, employee severance, and professional fees. Total costs for 2022 were approximately $41.9 million. Employee count affected not disclosed. | ||
| 2022-12-31 | restructuring | completed | 2019-10-01 | 2021-12-31 | Global | Global Structure Simplification | USD 206 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Completed as of December 31, 2021. Restructuring costs included in 2021 results were $206.4 million. No restructuring costs for Project Summit in 2022. Employee count affected not disclosed. | ||
| 2022-09-30 | restructuring | in_progress | 2022-09-01 | 2025-12-31 | Global | Corporate and Other Business | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Matterhorn announced in September 2022 to transform operating model. Expected to incur approx $150M annually from 2023-2025. Total costs for Q3 and YTD 2022 were not material. Employee count not disclosed. | |||
| 2022-09-30 | acquisition_addition | completed | 2022-01-25 | 2022-01-25 | United States | Corporate and Other Business | USD 718 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired approx 80% interest in ITRenew. Net purchase price $718.1M. Headcount added not explicitly disclosed. | ||
| 2022-09-30 | divestiture_reduction | completed | 2022-03-24 | 2022-03-24 | Europe (excluding Ukraine) | Corporate and Other Business | USD -106 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Deconsolidated OSG Records Management (Europe) Limited businesses due to loss of control. Recognized loss of approx $105.8M. Headcount removed not explicitly disclosed. | ||
| 2022-09-30 | restructuring | in_progress | USD 3,382,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-09-30 | restructuring | in_progress | Project Summit [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | acquisition_addition | completed | 2022-01-25 | United States | Corporate and Other Business (Asset Lifecycle Management) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired approximately 80% interest in Intercept Parent, Inc. (ITRenew) for $725.0 million purchase price; 100% of revenues and expenses consolidated from 2022-01-25. No headcount added disclosed in the filing. | ||||
| 2022-06-30 | divestiture_reduction | completed | 2022-03-24 | Europe | Global RIM Business (Records Management) | USD 106 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Loss of control over OSG Records Management (Europe) Limited businesses (excluding Ukraine) triggered deconsolidation; loss of approximately $105.8 million recognized. No employee count disclosed. | |||
| 2022-06-30 | restructuring | completed | 2019-10-01 | 2021-12-31 | Global | Corporate and Other | USD 0 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Summit completed as of Dec 31, 2021. No restructuring charges recorded in Q2 2022. | ||
| 2022-06-30 | acquisition_addition | completed | 2022-01-25 | 2022-01-25 | United States | Corporate and Other | USD 718,126 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired approx 80% interest in ITRenew. Headcount not explicitly disclosed. | ||
| 2022-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-06-30 | restructuring | in_progress | Project Summit [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | completed | 2019-10-01 | 2021-12-31 | Global | Corporate and Other | USD 39,811 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Summit completed as of Dec 31, 2021. Q1 2022 charges were $0. Q1 2021 charges included $3,808k employee severance and $36,003k professional fees/other. | ||
| 2022-03-31 | acquisition_addition | completed | 2022-01-25 | 2022-01-25 | United States | Corporate and Other | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired approx 80% interest in ITRenew. Headcount not explicitly disclosed. | |||
| 2022-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-03-31 | restructuring | in_progress | Project Summit [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | completed | 2019-10-01 | 2021-12-31 | Global | Global RIM Business; Global Data Center Business; Corporate and Other Business | USD 206 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Summit global program; all activities completed during 2021. Restructuring Charges of $206.4M recognized in FY2021 (cumulative $449.4M since inception), of which $22.8M was employee severance costs and $183.6M professional fees and other. Program delivered approximately $375.0M of annual Adjusted EBITDA benefit exiting 2021 ($160.0M realized in 2021, $165.0M in 2020, remainder to come in 2022). Accrued restructuring balance at 2021-12-31 was $19.7M. No employee headcount affected disclosed. | ||
| 2021-12-31 | divestiture_reduction | completed | 2021-06-07 | 2021-06-07 | United States | Corporate and Other Business — Intellectual Property Management (technology escrow services) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Intellectual Property Management business for gross consideration of approximately $215.4M; gain of approximately $179.0M recorded. Business represented approximately $14.2M of FY2021 revenue. No headcount transferred disclosed. | |||
| 2021-12-31 | acquisition_addition | completed | 2021-09-15 | 2021-12-31 | Middle East and North Africa; Germany; United Kingdom; Indonesia; Morocco | Global RIM Business; Global Data Center Business | USD 231 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2021 acquisitions: Information Fort LLC ($90.3M, Sep 15), Frankfurt data center assets (EUR 77.9M / ~$91.3M, Sep 23), plus two records management companies and one art storage company (~$45.1M total). Total consideration $230.6M. No acquired headcount disclosed. | ||
| 2021-12-31 | acquisition_addition | announced | 2022-01-25 | 2022-01-25 | United States | Global RIM Business — Secure IT Asset Disposition / asset lifecycle management | USD 725 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired approximately 80% interest in Intercept Parent, Inc. (ITRenew) for approximately $725.0M on 2022-01-25, after fiscal year-end and before filing date. Option to purchase remaining ~20% (16% after 2nd anniversary, 4% after 3rd) at no less than $200.0M in total. Funded in part by $750.0M 5% Notes due 2032 issued 2021-12-28. No headcount disclosed. | ||
| 2021-12-31 | restructuring | completed | 2019-10 | 2021-12-31 | Global | All segments | USD 206 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Summit restructuring charges for FY2021 were $206.4 million, primarily employee severance and professional fees. Program completed in 2021. Employee count not explicitly disclosed for FY2021 activity. | ||
| 2021-12-31 | restructuring | in_progress | USD 206,426,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2021-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 22,809,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Accrued Professional Fees [Member] | USD 183,617,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Global Records and Information Management Business [Member] | USD 59,033,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Global Data Center Business [Member] | USD 3,062,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Corporate and Other [Member] | USD 144,331,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Employee Severance [Member] / Project Summit [Member] | USD 22,809,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Accrued Professional Fees [Member] / Project Summit [Member] | USD 183,617,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Project Summit [Member] | USD 206,426,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 700 | 2019-10-01 | 2021-12-31 | Global | Managerial and administrative workforce; also reduced services and operations workforce | USD 450 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Program announced October 2019; targets ~45% reduction in VP-and-above positions and ~700 total managerial/administrative positions by end of 2021. Approximately 95% of planned workforce reductions completed as of September 30, 2021. Total estimated program cost ~$450.0 million; $372.7 million incurred inception-to-date, $50.4 million in Q3 2021 and $129.7 million in the nine months ended September 30, 2021. Also ~$26.7 million of related capital expenditures inception-to-date. | |
| 2021-09-30 | voluntary_separation | in_progress | 1 | 2021-08-06 | 2021-12-31 | United States | Executive Vice President and General Manager, Global Records and Information Management | other f5-10q / GLM-5.3-flash-fp4-HTML | Executive ceased serving as EVP & GM, Global RIM effective October 1, 2021; employment terminates December 31, 2021 with transition duties in the interim. Severance benefits under Severance Program No. 1, including continued medical/dental coverage for up to 52 weeks and outplacement services for 12 months. | ||
| 2021-09-30 | restructuring | in_progress | 700 | 2019-10 | 2021-12-31 | Global | Managerial and administrative workforce (charges split: Corporate and Other $99.2M, Global RIM $27.5M, Global Data Center $2.9M for nine months ended 2021-09-30) | USD 130 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned reduction of approximately 700 managerial and administrative positions (plus ~45% of VP-and-above roles) by end of 2021; approximately 95% of planned workforce reductions complete as of 2021-09-30. Charge shown is the nine months ended 2021-09-30 Restructuring Charge; total program cost estimated at ~$450M with ~$372.7M incurred inception-to-date and $35.3M accrued at quarter end. Program expected substantially complete by end of 2021. | |
| 2021-09-30 | other | announced | 1 | 2021-08-06 | 2021-12-31 | United States | Executive — EVP & GM, Global Records and Information Management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Executive separation agreement dated 2021-08-06; executive steps down from role effective 2021-10-01 with employment terminating 2021-12-31. Severance under Severance Program No. 1 (target bonus at 110% of base salary times average 2018-2020 payout percentage), 52 weeks of employer-paid medical/dental, tax preparation support and 12 months outplacement. No charge amount disclosed. | ||
| 2021-09-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Management, Administrative, Services, and Operations | USD 50 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program announced Oct 2019. Expected to reduce VP+ positions by ~45% and total managerial/admin workforce by ~700 positions. 95% of planned workforce reductions completed as of Sept 30, 2021. Total expected charges ~$450M. | ||
| 2021-09-30 | restructuring | in_progress | USD 50,432,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 6,797,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Accrued Professional Fees [Member] | USD 43,635,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Global Records and Information Management Business [Member] | USD 11,362,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Global Data Center Business [Member] | USD 1,285,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Corporate and Other [Member] | USD 37,785,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Employee Severance [Member] / Project Summit [Member] | USD 14,525,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Accrued Professional Fees [Member] / Project Summit [Member] | USD 115,161,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Project Summit [Member] | USD 129,686,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 700 | 2019-10-01 | 2021-12-31 | Global | Managerial and administrative workforce; also reduced services and operations workforce | USD 450 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Program announced October 2019; targets ~45% reduction in VP-and-above positions and ~700 total managerial/administrative positions by end of 2021. Approximately 95% of planned workforce reductions completed as of June 30, 2021. Restructuring charges of $322.2 million incurred from inception through June 30, 2021 ($39.4 million in Q2 2021; $79.3 million in H1 2021). Also ~$20.1 million of related capital expenditures inception-to-date. | |
| 2021-06-30 | divestiture_reduction | completed | 2021-06-07 | 2021-06-07 | Predominantly United States | Intellectual Property Management (technology escrow services) business | USD 181 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Sold IPM business on June 7, 2021 for gross consideration of approximately $217.2 million, recording a gain of approximately $181.2 million. Headcount removed through the divestiture was not disclosed. | ||
| 2021-06-30 | restructuring | in_progress | 700 | 2019-10-01 | 2021-12-31 | Global | Managerial and administrative workforce; positions at vice president and above | USD 450 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced October 2019; ~45% reduction of VP-and-above positions and ~700 managerial/administrative positions by end of 2021. Approximately 95% of planned workforce reductions completed as of 2021-06-30. Total estimated program cost ~$450M; $322.2M incurred from inception through 2021-06-30, including $39.4M in Q2 2021 and $79.3M in YTD 2021. Additional $20.1M of related capital expenditures incurred through 2021-06-30. | |
| 2021-06-30 | acquisition_addition | completed | United Kingdom, Indonesia, Morocco | Records management and art storage (Global RIM Business) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three acquisitions completed in Q2 2021 (two records management companies, one art storage company) for total cash consideration of ~$45.0M. Headcount added not disclosed. | |||||
| 2021-06-30 | divestiture_reduction | completed | 2021-06-07 | 2021-06-07 | Primarily United States | Intellectual Property Management (technology escrow services) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | IPM business sold 2021-06-07 for gross consideration ~$217.2M; gain of ~$181.2M recorded. Headcount removed not disclosed. | |||
| 2021-06-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Management, Administrative, Services, and Operations | USD 79 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program announced Oct 2019. Expected to reduce managerial/admin workforce by ~700 positions and VP+ roles by ~45%. 95% of planned workforce reductions completed as of June 30, 2021. Total expected charges ~$450M; $322.2M incurred to date. | ||
| 2021-06-30 | restructuring | in_progress | USD 39,443,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-06-30 | restructuring | in_progress | Project Summit [Member] | USD 79,254,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 3,921,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Accrued Professional Fees [Member] | USD 35,522,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Global Records and Information Management Business [Member] | USD 7,942,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Global Data Center Business [Member] | USD 1,183,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Corporate and Other [Member] | USD 30,318,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Employee Severance [Member] / Project Summit [Member] | USD 7,729,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Accrued Professional Fees [Member] / Project Summit [Member] | USD 71,525,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | 700 | 2019-10-01 | 2021-12-31 | Global | Managerial and administrative workforce; also reduced services and operations workforce | USD 450 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Program announced October 2019; targets ~45% reduction in positions at vice president level and above and ~700 total managerial/administrative positions by end of 2021. Approximately 80% of planned workforce reductions completed as of March 31, 2021. Restructuring Charges of $39.8 million in Q1 2021 and $282.8 million from inception through March 31, 2021; total program cost estimated at ~$450 million. Expected annual Adjusted EBITDA benefit of ~$375 million exiting 2021. | |
| 2021-03-31 | restructuring | in_progress | 700 | 2019-10 | 2021-12-31 | Global | Managerial and administrative workforce (also includes services and operations workforce reductions, not separately quantified) | USD 450 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program targets ~45% reduction in VP-and-above positions and ~700 managerial/administrative positions by end of 2021; ~80% of planned workforce reductions complete as of 2021-03-31. Charges: $39.8M in Q1 2021, $282.8M cumulative through 2021-03-31, ~$450M total expected. Related capex of $4.1M in Q1 2021 ($14.2M cumulative). Expected annual Adjusted EBITDA benefit of ~$375M exiting 2021. | |
| 2021-03-31 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Managerial, administrative, services, and operations | USD 40 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program announced Oct 2019. Expected to reduce managerial/admin workforce by ~700 positions by end of 2021. As of Mar 31, 2021, ~80% of planned workforce reductions completed. Q1 2021 charges: $3.8M severance, $36.0M professional fees/other. | ||
| 2021-03-31 | restructuring | in_progress | USD 39,811,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 3,808,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Accrued Professional Fees [Member] | USD 36,003,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Global Records and Information Management Business [Member] | USD 8,224,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Global Data Center Business [Member] | USD 454,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Corporate and Other [Member] | USD 31,133,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Employee Severance [Member] / Project Summit [Member] | USD 3,808,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Accrued Professional Fees [Member] / Project Summit [Member] | USD 36,003,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Project Summit [Member] | USD 39,811,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | 700 | 2019-10 | 2021-12-31 | Global | Managerial and administrative workforce; services and operations workforce | USD 194 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Summit. Count of 700 is the planned reduction in total managerial and administrative positions through end of 2021; approximately 70% of planned workforce reductions completed as of 2020-12-31. Additional services and operations workforce reductions were made but not quantified. Positions at vice president level and above expected to be reduced by approximately 45%. Charge shown is FY2020 Restructuring Charges; cumulative charges of $243.0 million from inception through 2020-12-31, against an estimated total program cost of approximately $450.0 million. | |
| 2020-12-31 | layoff | in_progress | Global | Enterprise-wide (COVID-19 response) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cost and capital actions taken during 2020 in response to the pandemic: termination of nearly all temporary and contract workers, reductions in full-time and part-time workforces, temporary furloughs and reduced hours, deferral of non-essential capital investment, and a temporary freeze on acquisitions. No employee counts disclosed. Separate COVID-19 Costs of $9.3 million excluded from Adjusted EBITDA relate to PPE and cleaning, not severance. | |||||
| 2020-12-31 | acquisition_addition | completed | 2020-01-09 | 2020-01-09 | Russia, Ukraine, Kazakhstan, Belarus, Armenia | Global RIM Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the remaining 75% of OSG Records Management (Europe) Limited for cash consideration of approximately $95.5 million; acquired headcount not disclosed. | |||
| 2020-12-31 | acquisition_addition | completed | 2020-02-17 | 2020-02-17 | United Arab Emirates | Global RIM Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Glenbeigh Records Management DWC-LLC for total cash consideration of approximately $29.1 million; acquired headcount not disclosed. | |||
| 2020-12-31 | restructuring | in_progress | 700 | 2019-10 | 2021-12-31 | Global | Managerial and Administrative | USD 450 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Program announced Oct 2019, expanded Q1 2020. Expected to reduce managerial/admin workforce by ~700 positions by end of 2021. Total estimated charges ~$450M. $194.4M charged in 2020. | |
| 2020-12-31 | reduction_in_force | completed | 2020 | 2020-12-31 | Global | Temporary and Contract | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Termination of nearly all temporary and contract workers in response to pandemic. | |||
| 2020-12-31 | reduction_in_force | completed | 2020 | 2020-12-31 | Global | Full-time and Part-time | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reductions in full-time and part-time work forces in response to pandemic. | |||
| 2020-12-31 | restructuring | in_progress | USD 194,396,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 47,349,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Accrued Professional Fees [Member] | USD 147,047,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Global Records and Information Management Business [Member] | USD 67,140,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Global Data Center Business [Member] | USD 1,632,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Corporate and Other [Member] | USD 125,624,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Employee Severance [Member] / Project Summit [Member] | USD 47,349,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Accrued Professional Fees [Member] / Project Summit [Member] | USD 147,047,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Project Summit [Member] | USD 194,396,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global RIM Business | USD 48,371 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring Charges for the three months ended September 30, 2020; primarily employee severance, internal project costs and professional fees. Nine-month charge for this segment was $37,245 thousand. | |||
| 2020-09-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global Data Center Business | USD 296 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring Charges for the three months ended September 30, 2020; nine-month charge for this segment was $986 thousand. | |||
| 2020-09-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Corporate and Other Business | USD 31,892 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring Charges for the three months ended September 30, 2020; nine-month charge for this segment was $90,484 thousand. | |||
| 2020-09-30 | acquisition_addition | completed | 2020-01-09 | 2020-01-09 | Russia, Ukraine, Kazakhstan, Belarus, Armenia | Global RIM Business | USD 95,500 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired remaining 75% equity interest in OSG; headcount added not disclosed. | ||
| 2020-09-30 | acquisition_addition | completed | 2020-02-17 | 2020-02-17 | United Arab Emirates | Global RIM Business | USD 29,100 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired Glenbeigh Records Management DWC-LLC; headcount added not disclosed. | ||
| 2020-09-30 | other | in_progress | 2020-01-01 | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | In response to the pandemic, the company terminated nearly all temporary and contract workers, reduced full-time and part-time workforces, implemented furloughs and reduced hours, deferred non-essential capital investments and froze acquisitions. No employee counts disclosed. | ||||||
| 2020-09-30 | restructuring | in_progress | 2019-10 | 2021-12-31 | Global | Global RIM, Global Data Center, Corporate and Other | USD 129 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global program announced October 2019; total estimated cost approximately $450.0 million (restructuring charges plus capital expenditures), expected substantially complete by end of 2021. Nine-month 2020 restructuring charges by segment: Global RIM $37.2M, Data Center $1.0M, Corporate and Other $90.5M. No employee count disclosed; charges comprise severance, internal program costs, professional fees and system implementation costs. Accrued restructuring balance $45.2M at September 30, 2020. | ||
| 2020-09-30 | other | in_progress | Global | Enterprise-wide | USD 9 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cost actions in response to the pandemic included ending nearly all temporary and contract workers, reducing full-time and part-time workforces, and temporary furloughs or reduced hours; no headcount figures given. Related direct COVID-19 costs of $9.3M for the nine months ended September 30, 2020 ($7.6M in cost of sales, $1.6M in SG&A) are excluded from Adjusted EBITDA. | ||||
| 2020-09-30 | acquisition_addition | completed | 2020-01-09 | 2020-01-09 | Russia, Ukraine, Kazakhstan, Belarus, Armenia | Global RIM Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 75% of OSG Records Management for approximately $95.5 million cash; results fully consolidated from closing. Headcount added not disclosed. | |||
| 2020-09-30 | acquisition_addition | completed | 2020-02-17 | 2020-02-17 | United Arab Emirates | Global RIM Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Storage and records management company acquired for total cash consideration of approximately $29.1 million. Headcount added not disclosed. | |||
| 2020-09-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | All Segments | USD 128,715 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Summit restructuring charges for the nine months ended Sept 30, 2020 were $128.7 million. Includes employee severance, internal costs, professional fees, and system implementation. No specific employee count disclosed for this period. | ||
| 2020-09-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Global RIM Business | USD 37,245 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges for Global RIM segment for the nine months ended Sept 30, 2020. | ||
| 2020-09-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Global Data Center Business | USD 986 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges for Global Data Center segment for the nine months ended Sept 30, 2020. | ||
| 2020-09-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Corporate and Other Business | USD 90,484 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges for Corporate and Other segment for the nine months ended Sept 30, 2020. | ||
| 2020-09-30 | layoff | completed | Global | All Segments | MD&A f5-10q / Qwen3.6-27B-Q8_0 | MD&A states: 'termination of nearly all of our temporary and contract workers' and 'reductions in our full-time and part-time work forces' during the nine months ended Sept 30, 2020. No specific counts provided. | |||||
| 2020-09-30 | restructuring | in_progress | USD 48,371,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-09-30 | restructuring | in_progress | Global Records and Information Management Business [Member] | USD 16,183,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Global Data Center Business [Member] | USD 296,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Corporate and Other [Member] | USD 31,892,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Project Summit [Member] | USD 128,715,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | All segments (Global RIM, Global Data Center, Corporate and Other) | USD 39,298 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Project Summit restructuring program; Q2 2020 Restructuring Charges of $39,298 thousand primarily employee severance, internal program implementation costs and professional fees. Total program cost estimated at $450.0 million; inception-to-date Restructuring Charges of $128,941 thousand. Segment split for Q2 2020: Global RIM $12,774; Global Data Center $503; Corporate and Other $26,021. | ||
| 2020-06-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | All segments (Global RIM, Global Data Center, Corporate and Other) | USD 80,344 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Year-to-date (six months ended June 30, 2020) Restructuring Charges of $80,344 thousand under Project Summit; segment split: Global RIM $21,062; Global Data Center $690; Corporate and Other $58,592. Accrued restructuring liability of $22,648 thousand at June 30, 2020. | ||
| 2020-06-30 | layoff | completed | 2020-04-01 | 2020-06-30 | Global | Service operations | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | In response to COVID-19, the company terminated nearly all temporary and contract workers and reduced its full-time and part-time workforce during the six months ended June 30, 2020. No affected-employee counts disclosed. | |||
| 2020-06-30 | layoff | completed | 33.3% | 2020-04-01 | 2020-06-30 | Global | Global workforce | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Furloughs, reduced hours or other temporary reduction measures impacted approximately one-third of the global workforce during the second quarter of 2020; percentage approximated from 'approximately one-third'. | ||
| 2020-06-30 | restructuring | in_progress | 2019-10 | 2021-12-31 | Global | Global RIM, Global Data Center, Corporate and Other | USD 80,344 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges of $80,344K for six months ended June 30, 2020 ($39,298K in Q2). Total program cost estimated at ~$450M including capex; no employee count disclosed. Accrued balance $22,648K at June 30, 2020. | ||
| 2020-06-30 | layoff | in_progress | Global | All segments | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | COVID-19 measures included termination of nearly all temporary/contract workers, reductions in full-time and part-time workforce, and furloughs or reduced hours impacting approximately one-third of global workforce in Q2 2020. No specific headcount or charge disclosed for these actions. | |||||
| 2020-06-30 | acquisition_addition | completed | 2020-01-09 | 2020-01-09 | Russia, Ukraine, Kazakhstan, Belarus, Armenia | Global RIM Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 75% equity interest in OSG Records Management for ~$95.5M cash. Headcount added not disclosed. | |||
| 2020-06-30 | acquisition_addition | completed | 2020-02-17 | 2020-02-17 | United Arab Emirates | Global RIM Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Glenbeigh Records Management DWC-LLC for 107M AED (~$29.1M). Headcount added not disclosed. | |||
| 2020-06-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Global RIM Business | USD 12,774 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of Project Summit. Charges include severance, internal costs, professional fees, and system implementation. Employee count not disclosed. | ||
| 2020-06-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Global Data Center Business | USD 503 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of Project Summit. Charges include severance, internal costs, professional fees, and system implementation. Employee count not disclosed. | ||
| 2020-06-30 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Corporate and Other Business | USD 26,021 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of Project Summit. Charges include severance, internal costs, professional fees, and system implementation. Employee count not disclosed. | ||
| 2020-06-30 | other | completed | 2020-06-30 | 2020-06-30 | Global | Global | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Termination of nearly all temporary and contract workers in response to COVID-19. | |||
| 2020-06-30 | other | completed | 2020-06-30 | 2020-06-30 | Global | Global | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reductions in full-time and part-time work forces in response to COVID-19. | |||
| 2020-06-30 | other | completed | 2020-06-30 | 2020-06-30 | Global | Global | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Furloughs, reduced hours, or other temporary reduction measures impacting approximately one-third of global workforce. | |||
| 2020-06-30 | restructuring | in_progress | USD 39,298,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-06-30 | restructuring | in_progress | Project Summit [Member] | USD 39,298,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Global Records and Information Management Business [Member] | USD 12,774,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Global Data Center Business [Member] | USD 503,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Corporate and Other [Member] | USD 26,021,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | All segments; primarily employee severance costs and professional fees | USD 41,046 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Project Summit restructuring program; Q1 2020 Restructuring Charges of $41.0 million primarily severance and professional fees. Cumulative charges from inception through March 31, 2020: $89.6 million. Total program cost estimated at $450.0 million including capital expenditures. | ||
| 2020-03-31 | layoff | in_progress | 33.3% | 2020-03-31 | Global | Company-wide | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | COVID-19 response actions initiated late March 2020, primarily in April 2020: termination of nearly all temporary and contract workers; reductions in full-time and part-time workforce; furloughs, reduced hours or other temporary reduction measures impacting approximately one-third of the global workforce. No specific headcount figures disclosed. | |||
| 2020-03-31 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Global RIM Business; Global Data Center Business; Corporate and Other Business | USD 41 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2020 restructuring charges of $41.0M primarily for employee severance and professional fees; no headcount affected disclosed. Program total cost estimated at ~$450M (opex + capex), substantially complete by end of 2021. | ||
| 2020-03-31 | layoff | announced | 33.3% | 2020-03-25 | Global | All segments | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | COVID-19 cost actions initiated late March 2020, primarily April 2020: termination of nearly all temporary/contract workers, reductions in full-time and part-time workforce, and furloughs/reduced hours impacting approximately one-third of global workforce. No absolute headcount or charge quantified. | |||
| 2020-03-31 | acquisition_addition | completed | 2020-01-09 | 2020-01-09 | Russia, Ukraine, Kazakhstan, Belarus, Armenia | Global RIM Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 75% of OSG Records Management for ~$95.5M cash; headcount added not disclosed. | |||
| 2020-03-31 | acquisition_addition | completed | 2020-02-17 | 2020-02-17 | United Arab Emirates | Global RIM Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired for 107.0M AED (~$29.1M); headcount added not disclosed. | |||
| 2020-03-31 | restructuring | in_progress | 2019-10-01 | 2021-12-31 | Global | Global RIM Business, Global Data Center Business, Corporate and Other Business | USD 41,046 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Program announced Oct 2019. Q1 2020 charges of $41.0M primarily for employee severance and professional fees. MD&A notes actions in April 2020 including termination of temp workers, reductions in full/part-time workforce, and furloughs impacting approx. one-third of global workforce, but specific headcount counts for these actions are not disclosed in this filing. | ||
| 2020-03-31 | restructuring | in_progress | USD 41,046,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-03-31 | restructuring | in_progress | Global Records and Information Management Business [Member] | USD 8,288,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Global Data Center Business [Member] | USD 187,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Corporate and Other [Member] | USD 32,571,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Project Summit [Member] | USD 41,046,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 700 | 2019-10 | 2021-12-31 | Global | Managerial and administrative workforce; corporate and regional management structure | USD 240 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program total, not current-year-only: approximately 700 managerial and administrative positions expected reduced by end of 2021, including roughly a 45% reduction in vice president and above positions. Total estimated program cost of ~$240M includes operating expenditures and capital expenditures; $48.6M of Restructuring Charges were recorded in Q4 2019 (Global RIM $21.9M, Corporate and Other $26.4M, Global Data Center $0.3M). Activities began Q4 2019, expected substantially complete by end of 2021, with ~$200M of Adjusted EBITDA benefit fully realized by end of 2022. | |
| 2019-12-31 | acquisition_addition | completed | United States, Colombia, Germany, Hong Kong, Latvia, Slovakia, Switzerland, Thailand, United Kingdom, Bulgaria | Records and information management; art storage | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ten storage and records management companies plus one art storage company acquired during 2019 for total cash consideration of approximately $51.0M (individual prices ~$0.7M to $12.5M). Headcount added through these acquisitions is not disclosed. | |||||
| 2019-12-31 | divestiture_reduction | completed | 2019-03-19 | 2019-03-19 | United States, Canada | Consumer Storage (Global RIM Business) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consumer storage customer contracts and related assets contributed to the MakeSpace JV in exchange for an approximately 34% equity interest plus ~$20.0M cash. Not reported as discontinued operations. Headcount transferred is not disclosed. | |||
| 2019-12-31 | acquisition_addition | completed | 2020-01-09 | Russia, Ukraine, Kazakhstan, Belarus, Armenia | Global RIM Business | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event after fiscal year-end: remaining 75% equity interest in OSG acquired 2020-01-09 for cash consideration of 6,026,020 Russian rubles (~$95.1M); OSG results fully consolidated from that date. Headcount added is not disclosed. | ||||
| 2019-12-31 | restructuring | in_progress | 700 | 2019-10-01 | 2021-12-31 | Global | Managerial and Administrative | USD 240 (millions) | Item 1. Business - Project Summit f5-10k / Qwen3.6-27B-Q8_0 | Program announced Oct 2019. Expected to reduce managerial/admin workforce by ~700 positions by end of 2021. Total estimated costs ~$240M. Q4 2019 incurred ~$48.6M in restructuring charges. | |
| 2019-12-31 | restructuring | in_progress | USD 48,597,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2019-12-31 | restructuring | in_progress | Parent Company [Member] / Reportable Legal Entities [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Guarantor Subsidiaries [Member] / Reportable Legal Entities [Member] | USD 32,218,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Non-Guarantor Subsidiaries [Member] / Reportable Legal Entities [Member] | USD 16,379,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Consolidation, Eliminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Global Records and Information Management Business [Member] | USD 21,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Global Data Center Business [Member] | USD 306,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Corporate and Other [Member] | USD 26,391,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | announced | 700 | 2019-10-01 | 2021-12-31 | Global | Managerial and administrative workforce; vice president level and above positions reduced by approximately 45% | USD 240 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Project Summit: global program to simplify structure; ~700 managerial/administrative positions over two years; activities begin Q4 2019, substantially complete by end of 2021, benefits fully realized by end of 2022; ~$60.0 million of charges expected in Q4 2019, substantially all employee severance and professional fees settled in cash during Q4 2019 and 2020; expected to improve Adjusted EBITDA by ~$200.0 million by end of 2022 (~$80.0 million in 2020). | |
| 2019-09-30 | restructuring | announced | 700 | 2019-10-01 | 2021-12-31 | Global | Managerial and administrative workforce | USD 240 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced October 2019. Program reduces VP-level-and-above positions by approximately 45% and total managerial/administrative workforce by approximately 700 positions over two years. Approximately $60 million of restructuring charges expected in Q4 2019. Expected to improve Adjusted EBITDA by approximately $200 million by end of 2022. | |
| 2019-09-30 | restructuring | announced | 700 | 2019-10-01 | 2021-12-31 | Global | Managerial and administrative | USD 240 (thousands) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced 'Project Summit' in October 2019. Expected to reduce total managerial and administrative workforce by approximately 700 positions over the next two years. Total restructuring charges estimated at $240,000 (thousands), including ~$60,000 in Q4 2019. | |
| 2019-03-31 | restructuring | in_progress | Global | Corporate and Other Business | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Significant Acquisition Costs of $2.7 million incurred in Q1 2019, primarily consisting of employee severance costs and facility integration costs associated with the Recall acquisition. | ||||
| 2018-12-31 | restructuring | in_progress | Enterprise-wide (integration of Recall and IODC acquisitions) | USD 51 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | FY2018 Significant Acquisition Costs of $50.7 million ($7.6 million in cost of sales, primarily employee severance and facility integration costs for the Recall integration; $43.0 million in SG&A, primarily advisory/professional fees, labor costs and severance). Severance is a component of this mixed acquisition-integration cost bucket and is not separately quantified; no affected-employee count disclosed. Accrued liabilities of $2.7 million at December 31, 2018 generally relate to employee severance and onerous leases and were expected to be paid in 2019. This record captures only the FY2018 portion of the multi-year Recall (closed May 2, 2016) and IODC (closed January 10, 2018) integration programs, with cumulative operating and capital expenditures of $388.1 million through fiscal year-end against an estimated total of approximately $405.0 million. | |||||
| 2018-12-31 | acquisition_addition | completed | 2018-01-10 | 2018-01-10 | United States (Phoenix and Scottsdale, Arizona; Edison, New Jersey; Columbus, Ohio) | Global Data Center Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | IODC Transaction closed 2018-01-10 for approximately $1,347.0 million cash plus up to $35.0 million contingent payments; headcount added not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-03-08 | 2018-03-08 | United Kingdom (London) and Singapore | Global Data Center Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two data centers acquired from Credit Suisse for approximately $111.4 million; headcount added not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-05-25 | 2018-05-25 | Netherlands (Amsterdam) | Global Data Center Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | EvoSwitch acquired for EUR 189.0 million cash (approximately $222.0 million) plus $25.0 million of future services consideration; headcount added not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-08-01 | 2018-08-01 | China (Mainland) | Other International Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Chinese-Mainland operations of GRM Document Management acquired for approximately $34.1 million; exact day not disclosed, month inferred from filing text ('In August 2018'). Headcount added not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-12-31 | 2018-12-31 | United States, Brazil, India, Ireland, Philippines, South Korea, United Kingdom, Croatia | Multiple segments | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidated record for ten storage and records management companies and three art storage companies acquired during 2018 for total consideration of approximately $64.0 million (individual prices $1.0 million to $18.0 million); headcount added not disclosed. Announcement date not specified; fiscal year-end used as placeholder. | |||
| 2018-12-31 | divestiture_reduction | completed | 2018-09-28 | 2018-09-28 | United States | Corporate and Other Business (fulfillment services) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Substantially all assets of Iron Mountain Fulfillment Services sold for approximately $3.0 million; business represented approximately $20.2 million of 2018 revenue. Headcount removed not disclosed; not reported as discontinued operations. | |||
| 2018-09-30 | restructuring | in_progress | 2018-12-31 | Global | Corporate and Other; North American Records and Information Management | USD 38,715 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to Recall and IODC integration including severance and facility upgrades. Majority of total estimated $395M expenditures expected by end of 2018. Employee count not disclosed. | |||
| 2018-06-30 | restructuring | in_progress | 2018-12-31 | Global | Corporate and Other; North American Records and Information Management | USD 29 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Ongoing integration of Recall acquisition. YTD 2018 charges of $29.4M include severance and facility integration. Majority of total estimated $395M expenditures expected by end of 2018. | |||
| 2018-06-30 | acquisition_addition | completed | 2018-01-10 | 2018-01-10 | United States | Global Data Center Business | USD 1,347 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of IO Data Centers (IODC). Headcount not explicitly disclosed. | ||
| 2018-06-30 | acquisition_addition | completed | 2018-03-08 | 2018-03-08 | Europe; Asia | Global Data Center Business | USD 111 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Credit Suisse data centers in London and Singapore. Headcount not explicitly disclosed. | ||
| 2018-06-30 | acquisition_addition | completed | 2018-05-25 | 2018-05-25 | Europe | Global Data Center Business | USD 222 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of EvoSwitch in Amsterdam. Headcount not explicitly disclosed. | ||
| 2018-03-31 | acquisition_addition | completed | 2018-01-10 | 2018-01-10 | United States | Global Data Center Business | USD 1,347,046 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of US operations of IO Data Centers completed January 10, 2018; no employee headcount added was disclosed in the filing. | ||
| 2018-03-31 | acquisition_addition | completed | 2018-03-08 | 2018-03-08 | United Kingdom; Singapore | Global Data Center Business | USD 111,400 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired two data center operations in London and Singapore from Credit Suisse; no employee headcount added was disclosed. | ||
| 2018-03-31 | restructuring | in_progress | 2016-05-02 | 2018-12-31 | Multiple segments | USD 19,008 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Recall integration costs including employee severance and onerous lease liabilities; accrued liability of $7.9 million at March 31, 2018, majority expected to be paid during 2018. No employee count disclosed. | |||
| 2018-03-31 | restructuring | in_progress | Global | Corporate and Other Business; North American Records and Information Management Business; Western European Business; Other International Business; Global Data Center Business | USD 19,008 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes employee severance costs and facility integration costs associated with the Recall Transaction and advisory/professional fees for the IODC Transaction. Accrued liability for these costs was $7.9 million as of March 31, 2018. | ||||
| 2018-03-31 | other | completed | 2017-10-05 | United States | Executive Management | other f5-10q / Qwen3.6-27B-Q8_0 | Separation agreement with Eileen Sweeney dated October 5, 2017. Includes waiver of rights to reinstatement and release of claims. | ||||
| 2017-12-31 | restructuring | completed | 2015 | North American Records and Information Management; Corporate and Other (FY2017 charges) | USD 1 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year organizational realignment program initiated in Q3 2015 to reduce overhead, primarily through employee severance and associated benefits. FY2017 charges of $0.5 million within SG&A (North American Records and Information Management $0.275 million; Corporate and Other $0.225 million); cumulative program charges through December 31, 2017 were $16.7 million. No material accruals remained at December 31, 2017, indicating the FY2017 activity was settled. Employees affected never disclosed. | ||||
| 2017-12-31 | divestiture_reduction | completed | 2017-05-30 | 2017-05-30 | Russia and Ukraine | Other International Business — records and information management operations | other f5-10k / GLM-5.3-flash-HTML | Iron Mountain EES Holdings sold its records and information management operations in Russia and Ukraine to OSG Records Management (Europe) Limited on May 30, 2017 in a stock transaction, receiving a 25% equity interest in OSG; a $38.9 million gain on sale was recorded in Q2 2017. Number of employees transferred not disclosed; divested businesses generated approximately $8.6 million of revenues in FY2017 through the sale date. Date used is the closing date, as no earlier announcement date is disclosed. | |||
| 2017-12-31 | restructuring | completed | 2015-07-01 | 2017-12-31 | Global | Corporate overhead, primarily developed markets | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program initiated Q3 2015; FY2017 charge of $0.5 million primarily for employee severance and benefits. Cumulative charges of $16.7 million through 2017; no material accruals remained at year-end. Employees affected not disclosed. | ||
| 2017-12-31 | restructuring | in_progress | 2016-05-02 | 2018-12-31 | Global | Enterprise-wide (Recall integration) | USD 85 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2017 Recall Costs of $84.9 million (advisory/professional fees, divestment costs, severance, facility and system integration). Multi-year program: total estimated acquisition and integration spend approximately $380 million, cumulative $313.8 million through 2017 including $49.9 million of capital expenditures; majority expected to be incurred by end of 2018. Employees affected not disclosed. | ||
| 2017-12-31 | acquisition_addition | completed | 2017-09-30 | 2017-09-30 | United States (Denver, Colorado) | Global Data Center Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Mag Datacenters LLC (operating Fortrust) for approximately $137.5 million total consideration; headcount added not disclosed. | |||
| 2017-12-31 | acquisition_addition | completed | 2017-09-29 | 2017-09-29 | United States, Canada, United Kingdom, France, Netherlands, Hong Kong | Corporate and Other Business (Entertainment Services) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Bonded Services for approximately GBP 62.0 million (~$83.0 million); headcount added not disclosed. | |||
| 2017-12-31 | acquisition_addition | completed | 2017-12-31 | 2017-12-31 | United States, Europe, Asia, Latin America, Africa | Records and Information Management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidated record for other FY2017 acquisitions: Santa Fe transactions (Macau, South Korea, India, Indonesia, Philippines, China), Ransa/Depositos (Peru), Fileminders (Cyprus), OEC Records Management (India), plus seven smaller acquisitions totaling approximately $22.7 million. Headcount added not disclosed for any transaction. | |||
| 2017-12-31 | divestiture_reduction | completed | 2017-05-30 | 2017-05-30 | Russia and Ukraine | Other International Business (Records and Information Management) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold records and information management operations in exchange for a 25% equity interest in OSG Records Management (Europe) Limited; gain of $38.9 million recorded. Headcount removed not disclosed. | |||
| 2017-12-31 | acquisition_addition | completed | 2017-12-11 | 2018-01-10 | United States (Phoenix and Scottsdale, AZ; Edison, NJ; Columbus, OH) | Global Data Center Business | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | IODC Transaction closed January 10, 2018 for approximately $1,340.0 million total consideration, financed with the December 2017 Equity Offering, Over-Allotment Option and 5¼% Notes; approximately $825.0 million of additional indebtedness incurred. Headcount added not disclosed. | |||
| 2017-12-31 | acquisition_addition | announced | 2017-10-01 | 2018-06-30 | London, United Kingdom and Singapore | Global Data Center Business | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreements entered October 2017 to acquire two data centers from Credit Suisse for approximately $100.0 million cash, with Credit Suisse leasing back the facilities; expected to close in first half of 2018. Headcount added not disclosed. | |||
| 2017-12-31 | restructuring | completed | 2015-07-01 | Global | Corporate and Other; North American Records and Information Management; North American Data Management; Western European | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Initiated in Q3 2015. $0.5 million charged in FY2017 primarily for employee severance. Cumulative charges through FY2017 were $16.7 million. No material accruals remained at year-end. | |||
| 2017-12-31 | restructuring | in_progress | 2016-05-02 | 2018-12-31 | Global | All Segments | USD 85 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Integration of Recall acquisition. $84.9 million charged in FY2017 for severance, facility upgrades, and system integration. Majority of total estimated $380 million expenditures expected by end of 2018. | ||
| 2017-09-30 | restructuring | in_progress | 2015-07-01 | Global | Corporate and Other Business | USD 18,047 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Ongoing integration costs for Recall acquisition including severance and facility upgrades. Accrued liability of $8.4M as of Sept 30, 2017. | |||
| 2017-09-30 | restructuring | in_progress | 2015-07-01 | Global | North American Records and Information Management Business | USD 2,540 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to segment. | |||
| 2017-09-30 | restructuring | in_progress | 2015-07-01 | Global | North American Data Management Business | USD 295 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to segment. | |||
| 2017-09-30 | restructuring | in_progress | 2015-07-01 | Global | Western European Business | USD 2,586 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to segment. | |||
| 2017-09-30 | restructuring | in_progress | 2015-07-01 | Global | Other International Business | USD 2,570 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to segment. | |||
| 2017-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Corporate and Other Business | USD 19,977 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Ongoing integration of Recall Holdings Limited. Q2 2017 charges of $19.9M include advisory fees, severance, and facility integration costs. Total estimated integration spend is $380M. | ||
| 2017-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | North American Records and Information Management Business | USD 6,326 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to this segment for Q2 2017. | ||
| 2017-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | North American Data Management Business | USD 1,003 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to this segment for Q2 2017. | ||
| 2017-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Western European Business | USD 2,131 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to this segment for Q2 2017. | ||
| 2017-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Other International Business | USD 1,937 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to this segment for Q2 2017. | ||
| 2017-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Transformation Initiative | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan to reduce overhead costs by $125M by end of 2017. No specific Q2 2017 charge disclosed separately from Recall Costs in this filing, but noted as contributing to SG&A leverage. | |||
| 2017-03-31 | restructuring | in_progress | 2018-12-31 | USD 21 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Recall Transaction integration costs of $20.6 million in Q1 2017, consisting of $7.9 million in cost of sales (employee severance and facility integration costs) and $12.7 million in SG&A (advisory and professional fees and severance). Total estimated acquisition and integration expenditures approximately $380.0 million, majority expected by end of 2018; cumulative $224.2 million incurred through March 31, 2017. Accrued Recall Cost liabilities of $4.5 million at quarter-end relate to employee severance and onerous lease liabilities. | |||||
| 2017-03-31 | other | completed | 1 | 2017-03-13 | 2017-03-31 | Luxembourg | Executive — Iron Mountain BPM International | other f5-10q / GLM-5.3-flash-fp4-HTML | Employment contract of Marc Duale terminated by mutual agreement effective March 31, 2017; employee subsequently engaged as advisor to Iron Mountain Europe PLC under an advisory agreement dated April 12, 2017. | ||
| 2017-03-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Corporate and Other Business | USD 20,571 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Ongoing integration of Recall Holdings Limited. Q1 2017 charges of $20.6M include severance, facility integration, and advisory fees. Total estimated integration costs are $380M. | ||
| 2017-03-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | North American Records and Information Management Business | USD 7,299 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to this segment. | ||
| 2017-03-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Western European Business | USD 3,216 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to this segment. | ||
| 2017-03-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Other International Business | USD 1,651 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to this segment. | ||
| 2017-03-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | North American Data Management Business | USD 873 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recall integration costs allocated to this segment. | ||
| 2017-03-31 | other | completed | 1 | 2017-03-13 | 2017-03-31 | Luxembourg | Senior Management | EUR 517,830 (units) | other f5-10q / Qwen3.6-27B-Q8_0 | Mutual termination of employment contract for Marc Duale, former President of Iron Mountain Europe. Settlement payment of EUR 517,830. | |
| 2017-03-31 | restructuring | in_progress | Recall Holdings Limited [Member] | USD 5,147,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2015 | 2017-12-31 | United States and Canada | North American Records and Information Management Business | USD 2,329 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | FY2016 segment charge under the Transformation Initiative (organizational realignment announced Q3 2015), primarily employee severance and associated benefits. Program-wide FY2016 charges totaled $6,007 thousand; cumulative charges $16.2 million through December 31, 2016; completion expected by end of 2017. Headcount affected not disclosed. | ||
| 2016-12-31 | restructuring | in_progress | 2015 | 2017-12-31 | United States and Canada | North American Data Management Business | USD 395 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | FY2016 segment charge under the Transformation Initiative (announced Q3 2015), primarily employee severance and benefits; part of the $6,007 thousand FY2016 program charge. Headcount affected not disclosed. | ||
| 2016-12-31 | restructuring | in_progress | 2015 | 2017-12-31 | Western Europe | Western European Business | USD 204 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | FY2016 segment charge under the Transformation Initiative (announced Q3 2015), primarily employee severance and benefits; part of the $6,007 thousand FY2016 program charge. Headcount affected not disclosed. | ||
| 2016-12-31 | restructuring | in_progress | 2015 | 2017-12-31 | Global — corporate and staff functions | Corporate and Other Business | USD 3,079 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | FY2016 segment charge under the Transformation Initiative (announced Q3 2015), primarily employee severance and benefits; part of the $6,007 thousand FY2016 program charge. Headcount affected not disclosed. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-05-02 | Global (United States, Canada, Australia, New Zealand, Asia, Europe, Latin America) | All reportable segments — Recall's records and information management and data management operations | USD 131,944 (thousands) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Recall Holdings Limited completed May 2, 2016 (Sydney time); date shown is the completion date, as the deal announcement date is not stated in the filing. Consideration of approximately $331.8 million cash plus 50.2 million shares (total purchase price ~$2,166.9 million). FY2016 Recall Costs of $131,944 thousand — $12.0 million in cost of sales primarily employee severance and $120.0 million in SG&A primarily advisory/professional fees plus severance. Total acquisition and integration expenditures estimated at ~$380.0 million (majority expected by end of 2018); cumulative operating and capital spend of $197.4 million through December 31, 2016. Headcount added not disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2016-05-04 | United States — 13 cities including Buffalo, Charlotte, Detroit, Kansas City, Nashville, Pittsburgh, Raleigh, Richmond, San Antonio, Tulsa and San Diego | Recall records and information management facilities (Initial United States Divestments) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold to Access CIG, LLC for total consideration of ~$80.0 million ($55.0 million cash at closing plus up to $25.0 million contingent consideration payable on the 27-month anniversary); required by the U.S. DOJ as a condition of the Recall approval. Sold within days of the Recall closing, so no operating results were presented. Headcount removed not disclosed. | ||||
| 2016-12-31 | divestiture_reduction | completed | 2016-10-31 | Australia (majority of Iron Mountain's pre-Recall Australian operations; excludes the data management business and Northern Territory records management) | Other International Business — Iron Mountain Australian records and information management operations | USD 15,417 (thousands) | other f5-10k / GLM-5.3-flash-HTML | Sold to a consortium led by Housatonic Partners for ~A$70.0 million (~US$53.2 million): A$35.0 million cash plus an A$35.0 million bridging loan note maturing December 29, 2017; required by the ACCC as a condition of the Recall approval. The charge is a loss on disposal recorded in other expense, net — not severance. Headcount removed not disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2016-12-09 | United Kingdom — Aberdeen and Dundee areas of Scotland | Recall records and information management facilities (UK Divestments) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold to the Oasis Group for approximately £1.8 million (~US$2.2 million); required by the UK Competition and Markets Authority as a condition of the Recall approval. Headcount removed not disclosed. | ||||
| 2016-12-31 | divestiture_reduction | completed | 2016-12-29 | United States (Seattle and Atlanta) and Canada (Edmonton, Montreal/Laval, portions of Calgary and Toronto; plus Iron Mountain facilities in Vancouver/Burnaby and Ottawa) | Recall and Iron Mountain records and information management facilities (Seattle/Atlanta Divestments and Canadian Divestments) | USD 1,421 (thousands) | other f5-10k / GLM-5.3-flash-HTML | Sold to ARKIVE, Inc. for ~$50.0 million (~$45.0 million cash at closing; remainder held in escrow); required by U.S. and Canadian regulators as a condition of the Recall approval. The $1,421 thousand charge is the loss on disposal of the Iron Mountain Canadian Divestments component only, recorded in other expense, net — not severance. Headcount removed not disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-05-02 | 2016-05-02 | Global (operations in 45 countries) | All reportable segments | USD 132 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Recall Holdings Limited acquired for approximately $2,166.9 million ($331.8 million cash plus 50.2 million shares). Headcount added not disclosed. FY2016 Recall Costs of $131.9 million comprise $38.9 million deal close/divestment costs and $93.0 million integration costs (severance, moving, facility upgrade, systems); total program estimated at $380.0 million through 2018. | ||
| 2016-12-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global, primarily developed markets | Corporate and enterprise overhead functions | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced during Q3 2015 (announcement date shown as quarter start). FY2016 charge of $6.0 million recorded in SG&A, primarily employee severance; cumulative charges of $16.2 million through 2016-12-31 with $0.5 million accrued at year-end. Program targets $125.0 million of cost reductions; employees affected not disclosed. | ||
| 2016-12-31 | divestiture_reduction | completed | 2016-05-04 | 2016-05-04 | United States (13 cities) | Records and Information Management | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Access Sale of Recall's Initial United States Divestments, required for DOJ approval; total consideration approximately $80.0 million ($55.0 million cash at closing plus up to $25.0 million contingent). Reported as discontinued operations; headcount not disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2016-10-31 | 2016-10-31 | Australia | Records and Information Management (Other International Business segment) | USD 15 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Australia Sale of Iron Mountain's pre-existing Australian business (Australia Divestment Business) required under the ACCC undertaking; consideration approximately A$70.0 million (~$53.2 million), including a A$35.0 million Bridging Loan Note. $15.4 million loss on disposal recorded in other expense, net. Represented approximately $44.0 million of revenue in 2016; headcount not disclosed. | ||
| 2016-12-31 | divestiture_reduction | completed | 2016-12-09 | 2016-12-09 | United Kingdom (Aberdeen and Dundee, Scotland) | Records and Information Management | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | UK Sale of Recall's UK Divestments to Oasis Group, required for CMA approval; consideration approximately £1.8 million (~$2.2 million). Reported as discontinued operations; headcount not disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2016-12-29 | 2016-12-29 | United States (Seattle, Atlanta) and Canada (Vancouver, Ottawa) | Records and Information Management | USD 1 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | ARKIVE Sale covering the Seattle/Atlanta Divestments and Recall Canadian Divestments (discontinued operations) plus Iron Mountain's own Canadian Divestments (continuing operations); total consideration approximately $50.0 million. $1.4 million loss recorded on the Iron Mountain Canadian Divestments; headcount not disclosed. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-03-01 | 2016-03-01 | South Africa | Other International Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Controlling interest in Docufile Holdings Proprietary Limited acquired for approximately $15.0 million; marked Iron Mountain's entrance into Africa. Month only disclosed; headcount not disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-03-01 | 2016-03-01 | Lithuania, Latvia, Estonia | Other International Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Stock of Archyvu Sistemos acquired for approximately $5.1 million to expand Baltic presence. Month only disclosed; headcount not disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-06-01 | 2016-06-01 | United States (Ridgefield, Connecticut) | Corporate and Other Business (fine art storage / Adjacent Businesses) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Assets of Fairfield Fine Arts acquired, including customer relationships and a 10,000 square foot facility. Month only disclosed; purchase price and headcount not disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-12-30 | 2016-12-30 | Hong Kong, Malaysia, Singapore, Spain, Taiwan | Western European Business and Other International Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Information management assets and operations of Santa Fe Group A/S acquired for approximately €15.2 million (~$16.0 million); €13.5 million (~$14.2 million) paid in 2016 with balance due 18 months after closing. Headcount not disclosed. | |||
| 2016-12-31 | acquisition_addition | announced | 2016-11-30 | 2017-06-30 | India, Indonesia, Macau, Philippines, South Korea | Other International Business | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pending Santa Fe Transaction: binding agreement entered November 2016 (month only disclosed), expected to close in the first half of 2017; aggregate purchase price approximately €11.8 million (~$12.4 million), subject to closing conditions. Headcount not disclosed. | |||
| 2016-12-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Corporate and Other Business; North American Records and Information Management; North American Data Management; Western European Business | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Transformation Initiative implemented in Q3 2015. $6.0 million charge recorded in 2016 primarily for employee severance. Expected completion by end of 2017. Employee count not disclosed. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-05-02 | 2016-05-02 | Global | All Segments | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Recall Holdings Limited completed May 2, 2016. Headcount added not explicitly disclosed. | |||
| 2016-12-31 | restructuring | in_progress | Recall Holdings Limited [Member] | USD 43,895,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Recall Holdings Limited [Member] / Integration Costs [Member] | USD 7,125,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Recall Holdings Limited [Member] / Facility Closing [Member] | USD 36,770,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2015-09-30 | 2017-12-31 | Primarily developed markets; charges recorded across North American Records and Information Management, North American Data Management, Western European and Corporate and Other segments | USD 6,007 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Organizational realignment to reduce overhead costs, primarily employee severance and associated benefits; $0.2 million charged in Q3 2016 and $6.0 million in the nine months ended September 30, 2016; cumulative charges of $16.2 million through September 30, 2016; $0.8 million accrued at quarter-end expected to be paid in remainder of 2016; program expected to be completed by end of 2017. No employee counts disclosed. | |||
| 2016-09-30 | restructuring | in_progress | 2015-09-30 | 2017-12-31 | Global | Enterprise-wide; organizational realignments, primarily overhead and developed markets | USD 6,007 (thousands) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge of $188 thousand in Q3 2016 and $6,007 thousand YTD 2016, primarily employee severance and benefits; cumulative charges of $16,174 thousand through 2016-09-30 with $751 thousand accrued. No employee count disclosed. Announced during Q3 2015; exact announcement day not stated. | ||
| 2016-09-30 | acquisition_addition | completed | 2016-05-02 | Global (North America, Western Europe, Other International) | All reportable segments | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recall Holdings Limited acquired 2016-05-02 for ~$2,166.9 million; Recall headcount added to consolidated results from that date but no employee count disclosed. Recall Costs of $102,872 thousand YTD 2016 include severance and integration costs (accrued $25,555 thousand at quarter-end, primarily severance). | ||||
| 2016-09-30 | divestiture_reduction | completed | 2016-05-04 | United States (13 cities) | North American Records and Information Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Regulatory divestiture of Recall facilities in 13 US cities sold to Access CIG for ~$80 million; no employee count disclosed. | ||||
| 2016-09-30 | divestiture_reduction | completed | 2016-10-31 | Australia | Other International Business | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Australia Divestment Business sold for ~A$70 million (~$53.2 million) on 2016-10-31 following ACCC clearance 2016-10-24; a $14,000 thousand anticipated loss on disposal was recorded in Q3 2016 (loss on disposal, not severance). No employee count disclosed. | ||||
| 2016-09-30 | divestiture_reduction | announced | 2016-10 | United States (Seattle and Atlanta) | North American Records and Information Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | October 2016 sale agreement subject to DOJ approval and customary closing conditions; assets held separate pending sale. No employee count disclosed. | ||||
| 2016-09-30 | divestiture_reduction | announced | 2016-10 | Canada (Edmonton, Montreal, Calgary, Toronto, Vancouver, Ottawa) | North American Records and Information Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same October 2016 buyer agreement as Seattle/Atlanta, subject to Competition Bureau approval; Recall Canadian facilities managed by an independent manager pending sale. No employee count disclosed. | ||||
| 2016-09-30 | divestiture_reduction | announced | United Kingdom (Aberdeen and Dundee areas of Scotland) | Western European Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Required by CMA following its June 2016 review; company in discussions with potential buyers and a monitoring trustee is appointed at company expense. No employee count disclosed; no announcement date stated. | |||||
| 2016-09-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Corporate and Other Business | USD 148 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2016 charge of $148k for Corporate and Other Business segment related to employee severance and associated benefits. Total program expected to complete by end of 2017. | ||
| 2016-09-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | North American Records and Information Management Business | USD 40 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2016 charge of $40k for North American Records and Information Management segment related to employee severance and associated benefits. | ||
| 2016-09-30 | acquisition_addition | completed | 2016-05-02 | 2016-05-02 | Global | Multiple Segments | USD 30,272 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Recall Holdings Limited completed May 2, 2016. Q3 2016 incurred $30.3M in Recall Integration Costs, primarily employee severance. Headcount added not explicitly disclosed. | ||
| 2016-09-30 | acquisition_addition | completed | 2016-03-01 | 2016-03-01 | South Africa | Other International Business | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired controlling interest in Docufile Holdings Proprietary Limited in March 2016. Headcount added not explicitly disclosed. | |||
| 2016-09-30 | acquisition_addition | completed | 2016-03-01 | 2016-03-01 | Lithuania, Latvia, Estonia | Other International Business | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired stock of Archyvu Sistemos in March 2016. Headcount added not explicitly disclosed. | |||
| 2016-06-30 | acquisition_addition | completed | 2016-05-02 | Global (Australia, North America, Europe, Latin America, Asia Pacific) | All reportable segments | USD 2,166,900 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Recall acquisition closed May 2, 2016; total purchase price approximately $2,166.9 million ($331.8 million cash plus 50,233,412 shares at $36.53). No employee headcount added was disclosed. | |||
| 2016-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Developed markets | Primarily Corporate and Other Business; also North American RIM, North American Data Management, Western European | USD 5,819 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Transformation Initiative implemented Q3 2015 to reduce overhead costs; charge of $5.8 million for six months ended June 30, 2016 (and $0.1 million for the three months), primarily employee severance and benefits. Cumulative charges through June 30, 2016 of $15,986 thousand; $1,588 thousand accrued at June 30, 2016, expected to be paid in second half of 2016. | ||
| 2016-06-30 | restructuring | in_progress | 2016-05-02 | 2018-12-31 | Global | All reportable segments | USD 68,739 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Recall Costs of $68.7 million for six months ended June 30, 2016, including Recall Integration Costs of $36.7 million (moving, severance, facility upgrade, REIT conversion, system upgrade). Approximately $14.1 million accrued at June 30, 2016, primarily employee severance, expected to be paid through first half of 2017. Total estimated Recall Costs approximately $300 million, majority expected by end of 2018. | ||
| 2016-06-30 | divestiture_reduction | completed | 2016-05-04 | United States (13 cities) | North American Records and Information Management Business | USD 80,000 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Initial United States Divestments (Recall RIM facilities in 13 US cities) sold to Access CIG, LLC on May 4, 2016 for approximately $80,000 thousand total consideration ($55,000 cash at closing plus up to $25,000 contingent). No employee headcount removed was disclosed. | |||
| 2016-06-30 | divestiture_reduction | in_progress | 2016-05-02 | United States (Seattle, Atlanta), Australia, Canada, United Kingdom (Aberdeen and Dundee, Scotland) | North American RIM, Other International, North American RIM (Canada), Western European | USD 127,111 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Seattle/Atlanta Divestments, Australia Divestment Business, Canadian Divestments and UK Divestments classified as held for sale at June 30, 2016; combined fair value of divestments less costs to sell of $127,111 thousand in Recall purchase price allocation. Estimated proceeds approximately $140.0 million. No employee headcount removed was disclosed. | |||
| 2016-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Corporate overhead / developed markets | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2016 severance charge of $5.8M; cumulative charges of $16.0M through June 30, 2016; $1.6M accrued at quarter-end; no employee count disclosed. | ||
| 2016-06-30 | acquisition_addition | completed | 2016-05-02 | 2016-05-02 | Global | All segments | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recall Holdings Limited acquisition closed May 2, 2016; no headcount added disclosed. | |||
| 2016-06-30 | divestiture_reduction | in_progress | 2016-05-02 | United States, Canada, Australia, United Kingdom | Records and information management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Regulatory-required divestments (Initial US, Seattle/Atlanta, Canada, Australia, UK); assets held for sale at June 30, 2016; no employee counts disclosed. | ||||
| 2016-06-30 | other | completed | 2016-06-15 | 2016-10-14 | United States | Executive / Finance | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | CFO separation effective upon filing of this 10-Q; employment terminates October 14, 2016; severance under Severance Program No. 1; no dollar amount disclosed. | |||
| 2016-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Corporate and Other Business | USD 76 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2015 announced initiative to reduce overhead costs. Q2 2016 charge of $76k primarily related to employee severance. Cumulative charges through June 30, 2016 were $15.9M. Accrued liability of $1.6M as of June 30, 2016. | ||
| 2016-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | North American Records and Information Management Business | USD 2,289 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2016 charge of $2.3M primarily related to employee severance. | ||
| 2016-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | North American Data Management Business | USD 395 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2016 charge of $395k primarily related to employee severance. | ||
| 2016-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Western European Business | USD 204 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2016 charge of $204k primarily related to employee severance. | ||
| 2016-06-30 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Corporate and Other Business | USD 2,931 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2016 charge of $2.9M primarily related to employee severance. | ||
| 2016-06-30 | acquisition_addition | completed | 2016-05-02 | 2016-05-02 | Global | Multiple Segments | USD 14,100 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Recall Holdings Limited completed May 2, 2016. Accrued $14.1M of Recall Integration Costs as of June 30, 2016, primarily related to employee severance costs. | ||
| 2016-03-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Primarily developed markets; charges recorded in North American Records and Information Management, North American Data Management, Western European and Corporate and Other segments | USD 5,743 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Organizational realignment plan implemented in Q3 2015 to reduce overhead costs, primarily employee severance and benefits; Q1 2016 charge of $5.7 million, cumulative charges of $15.7 million through March 31, 2016; accrued liability of $3.2 million expected to be paid in Q2-Q3 2016; no employee counts disclosed. | |||
| 2016-03-31 | acquisition_addition | announced | 2015-06-08 | 2016-05-02 | Australia (target operations global) | USD 2,163,000 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Pending acquisition of Recall Holdings Limited via Scheme of Arrangement; expected to close May 2, 2016; total purchase price approximately $2.16 billion including ~50.7 million shares and ~$336 million cash; no headcount figures disclosed. | |||
| 2016-03-31 | acquisition_addition | completed | 2016-03-01 | 2016-03-31 | South Africa | Other International Business | USD 15,000 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired controlling interest in Docufile Holdings Proprietary Limited for approximately $15.0 million; entrance into Africa; no headcount disclosed. | ||
| 2016-03-31 | acquisition_addition | completed | 2016-03-01 | 2016-03-31 | Lithuania, Latvia, Estonia | Other International Business | USD 5,100 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquired stock of Archyvu Sistemos for approximately $5.1 million to expand Baltic region presence; no headcount disclosed. | ||
| 2016-03-31 | divestiture_reduction | announced | 2016-03-31 | United States, Australia, Canada, United Kingdom | Records and Information Management | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Regulatory approvals for Recall Transaction require divestments of facilities in 13+ US cities, majority of Australian operations, and Canadian facilities; hold separate arrangements with independent managers pending sale; estimated divestment proceeds approximately $220.0 million; no headcount disclosed. | ||||
| 2016-03-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Multiple segments including Corporate and Other, North American Records and Information Management, North American Data Management, Western European | USD 5,743 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2016 charge of $5.7M primarily for employee severance and benefits; cumulative charges of $15.9M through 2016-03-31; $3.2M accrued at quarter-end expected to be paid in Q2–Q3 2016; program targets $125M cost reduction goal by end of 2017; no employee headcount disclosed | ||
| 2016-03-31 | acquisition_addition | completed | 2016-03-01 | 2016-03-31 | South Africa | Other International Business | USD 15,000 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of controlling interest in Docufile Holdings Proprietary Limited for approximately $15.0M; represents entrance into Africa; no headcount disclosed | ||
| 2016-03-31 | acquisition_addition | completed | 2016-03-01 | 2016-03-31 | Lithuania, Latvia, Estonia | Other International Business | USD 5,100 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of stock of Archyvu Sistemos to expand Baltic region presence for approximately $5.1M; no headcount disclosed | ||
| 2016-03-31 | acquisition_addition | announced | 2015-06-08 | 2016-05-02 | Global (primarily Australia, North America, Europe) | Records and Information Management | USD 2,163,000 (thousands) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Recall Holdings acquisition expected to close 2016-05-02; total purchase price approximately $2.163B; approximately 50.7M shares plus ~$336M cash to be issued; no headcount disclosed | ||
| 2016-03-31 | divestiture_reduction | announced | 2016-03-01 | United States (13 cities plus Seattle and Atlanta) | Records and Information Management | USD 80,000 (thousands) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | DOJ-required divestments of Recall facilities in 13 US cities plus Seattle/Atlanta; asset purchase agreement with Access CIG for Initial US Divestments at approximately $80M; no headcount disclosed | |||
| 2016-03-31 | divestiture_reduction | announced | 2016-03-01 | Australia | Records and Information Management (excluding data management and Northern Territory) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | ACCC Undertaking requires divestiture of majority of Australian operations via share sale to an ACCC-approved purchaser; no headcount disclosed | ||||
| 2016-03-31 | divestiture_reduction | announced | 2016-03-01 | Canada (Edmonton, Montreal, Calgary, Toronto, Vancouver, Ottawa) | Records and Information Management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | CCB Consent Agreement requires divestiture of Recall facilities in Edmonton, Montreal, Calgary, Toronto plus Iron Mountain facilities in Vancouver and Ottawa; no headcount disclosed | ||||
| 2016-03-31 | divestiture_reduction | announced | 2016-03-30 | 2016-06-29 | United Kingdom | Records and Information Management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | CMA Review ongoing with conditional consent granted 2016-03-30; potential UK divestments to be determined; Recall UK business held separate pending CMA Review conclusion by 2016-06-29; no headcount disclosed | |||
| 2016-03-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Corporate and Other Business; North American Records and Information Management; North American Data Management; Western European Business | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated in Q3 2015 to reduce overhead costs. Q1 2016 charge of $5.7M primarily for employee severance and associated benefits. Cumulative charges through Q1 2016 were $15.9M. Accrued liability of $3.2M expected to be paid in Q2/Q3 2016. | ||
| 2015-12-31 | restructuring | in_progress | 2015 | 2017-12-31 | Developed markets (North America and Western Europe) | 2015 charges allocated: North American Records and Information Management $5.403M; Corporate and Other Business $2.986M; Western European Business $1.537M; North American Data Management $0.241M | USD 10 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Plan implemented in Q3 2015 to realign organizations and reduce overhead, particularly in developed markets; FY2015 charge primarily employee severance and benefits, recorded in SG&A. Accrued liability of $2.291M at 2015-12-31; part of program targeting $125.0M cost reduction by end of 2017. Affected-employee count not disclosed. | ||
| 2015-12-31 | restructuring | announced | 2016 | North America and Western Europe | Expected charges: North American Records and Information Management $4.4M; Corporate and Other Business $1.8M; North American Data Management $0.7M; Western European Business $0.1M | USD 7 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Additional Transformation Initiative actions implemented in Q1 2016, after fiscal year-end; expected charge primarily employee severance and benefits, to be recorded in SG&A. Affected-employee count not disclosed. | |||
| 2015-12-31 | restructuring | in_progress | 2017-12-31 | Global | Enterprise overhead, particularly developed markets | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Implemented during the third quarter of 2015 (exact announcement date not disclosed); FY2015 charge of $10.2 million ($10,167 thousand) primarily for employee severance and benefits; headcount not quantified. $2.3 million accrued at year-end payable in first half of 2016. | |||
| 2015-12-31 | restructuring | announced | Global | North American Records and Information Management Business, North American Data Management Business, Western European Business, Corporate and Other Business | USD 7 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Additional Transformation Initiative actions implemented in the first quarter of 2016 (after fiscal year-end); expected charge of approximately $7.0 million for severance. Segment split disclosed: $4.4M NA Records, $0.7M NA Data, $0.1M Western Europe, $1.8M Corporate. Program targets $125.0 million of cost reductions by end of 2017. | ||||
| 2015-12-31 | acquisition_addition | completed | 2015-12-01 | 2015-12-01 | United States | Corporate and Other Business — Adjacent Businesses (Fine Arts) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Crozier Fine Arts completed December 1, 2015 for approximately $74.2 million; acquired headcount not disclosed. | |||
| 2015-12-31 | acquisition_addition | completed | 2015-12-31 | 2015-12-31 | India | Other International Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired in December 2015 for approximately $16.1 million ($8.9M funded by the company, $7.2M by the noncontrolling interest shareholder); acquired headcount not disclosed. | |||
| 2015-12-31 | acquisition_addition | completed | Australia, Austria, Canada, Chile, Hungary, India, Serbia, United Kingdom, United States | Records management, data management and personal storage businesses | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Twelve additional acquisitions completed during 2015 for aggregate consideration of approximately $27.6 million; acquired headcount not disclosed. | |||||
| 2015-12-31 | restructuring | in_progress | 2015-07-01 | 2017-12-31 | Global | Corporate and Other Business; North American Records and Information Management; North American Data Management; Western European | USD 10 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Transformation Initiative implemented in Q3 2015. Charges of $10.2 million recorded for severance and benefits. Expected to be completed by end of 2017. Employee count not explicitly disclosed for this specific action in the filing. | ||
| 2015-12-31 | restructuring | completed | 2013-07-01 | 2014-12-31 | Global | Corporate and Other Business; North American Records and Information Management; North American Data Management; Western European; Other International | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Organizational Restructuring initiated in Q3 2013 and completed in 2014. Charges of $3.5 million recorded in 2015 for remaining severance and benefits. Employee count not explicitly disclosed. | ||
| 2015-09-30 | restructuring | in_progress | 2015-09-30 | Primarily developed markets; charges across North American Records and Information Management, North American Data Management, Western European, and Corporate and Other Business segments | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Organizational realignments to reduce overhead costs, primarily employee severance and benefits; no employee count disclosed. Segment charge split: ~$5.3M North American RIM, ~$0.2M North American Data Management, ~$1.4M Western European, ~$2.2M Corporate and Other. $4,929 thousand accrued at September 30, 2015; liability expected to be paid through Q4 2015 and first half of 2016. MD&A refers to the plan as the Transformation Initiative, targeting ~$125.0 million annual cost savings by 2018. | ||||
| 2015-09-30 | restructuring | in_progress | 2015-07-01 | Global | North American Records and Information Management Business; North American Data Management Business; Western European Business; Corporate and Other Business | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Transformation Initiative: organizational realignments to reduce overhead costs. Charge of $9.1M primarily for employee severance and benefits, allocated $5.3M NA RIM, $0.2M NA Data Mgmt, $1.4M Western Europe, $2.2M Corporate. $4.929M accrued at 9/30/2015, payable through Q4 2015 and H1 2016. Target: ~$125M annual cost savings by 2018; ~$50M in 2016 from actions to date. No employee count disclosed. | |||
| 2015-09-30 | restructuring | in_progress | 2015-09-30 | 2016-06-30 | Global | Corporate and Other Business; North American Records and Information Management; North American Data Management; Western European Business | USD 9 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Transformation Initiative implemented in Q3 2015 to reduce overhead costs. Charge of $9.1 million recorded for employee severance and associated benefits. Liability of $4.9 million accrued as of Sept 30, 2015, expected to be paid through H1 2016. Employee count not disclosed. | ||
| 2015-06-30 | restructuring | announced | 2015-07-30 | Developed markets | Overhead / SG&A functions | USD 10 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Overhead Optimization Plan implemented in Q3 2015; organizational realignments to reduce overhead costs, primarily employee severance and associated benefits; targeted annual savings of approximately $50.0 million in 2016. No employee count disclosed. | |||
| 2015-06-30 | acquisition_addition | announced | 2015-06-08 | 2016-06-30 | Australia (Recall Holdings Limited) | Storage and information management | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Scheme Implementation Deed to acquire Recall Holdings Limited; expected to close in first half of 2016. No headcount figures disclosed. | |||
| 2015-06-30 | divestiture_reduction | completed | 2014-12-01 | 2014-12-31 | Australia, Ireland, United Kingdom | Secure shredding (International Shredding Operations) | USD 26 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Stock transaction for approximately $26.2 million cash at closing; assets sold primarily customer contracts and long-lived assets. No headcount disclosed. | ||
| 2015-06-30 | restructuring | announced | 2015-07-01 | Global; primarily developed markets | Corporate overhead; selling, general and administrative functions | USD 10 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan implemented in Q3 2015 to realign organizations and reduce overhead; charge primarily severance and benefits. Designed to generate annual cost savings of approximately $50.0 million in 2016. No employee count disclosed. | |||
| 2015-06-30 | restructuring | announced | 2015-07-01 | Developed markets | Selling, general and administrative | USD 10 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced in Q3 2015 (subsequent to quarter end). Plan involves organizational realignments to reduce overhead costs. Charge primarily relates to employee severance and associated benefits. No specific headcount disclosed. | |||
| 2014-12-31 | restructuring | completed | 2013 | Enterprise-wide (North American Records & Information Management, North American Data Management, International, Corporate and Other) | USD 3,475 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Organizational realignment plan initiated in Q3 2013 and completed during 2014. FY2014 restructuring costs of $3,475K ($1,228K in cost of sales; $2,247K in SG&A), primarily employee severance and associated benefits; FY2013 costs were $23,400K (prior-year, not extracted). FY2014 cost allocation by segment: North American Records & Information Management $1,560K; North American Data Management $340K; International $33K; Corporate and Other $1,542K. Number of employees affected not disclosed. | ||||
| 2014-12-31 | acquisition_addition | completed | 2014-01 | Australia | Storage and data management | USD 15,300 (thousands) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired stock of Tape Management Services Pty Ltd (purchase price; not a charge) to enhance existing Australian operations. Headcount added not disclosed. | |||
| 2014-12-31 | acquisition_addition | completed | 2014-02 | Turkey | Storage rental and records management | USD 21,200 (thousands) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired stock of RM Arşiv Yönetim Hizmetleri Ticaret Anonim Şirketi (purchase price; not a charge); $16.8M paid in Q1 2014 with remainder paid Q1 2015. Headcount added not disclosed. | |||
| 2014-12-31 | acquisition_addition | completed | 2014-04 | Poland | Storage rental and records management | USD 13,700 (thousands) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired stock of OSG Polska sp. z.o.o. (purchase price; not a charge) to enhance existing Polish operations. Headcount added not disclosed. | |||
| 2014-12-31 | acquisition_addition | completed | 2014-10 | Brazil (Sao Paulo) | Storage rental and data management | USD 46,200 (thousands) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired stock of Keepers Brasil Ltda (purchase price; not a charge), including $5.4M in escrow for indemnification obligations. Headcount added not disclosed. | |||
| 2014-12-31 | acquisition_addition | completed | 2014-12 | Canada | North American records management | USD 29,500 (thousands) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired stock of Canadian-based Securit Records Management (purchase price; not a charge), including ~$1.3M escrow for indemnification and working capital. Headcount added not disclosed. | |||
| 2014-12-31 | divestiture_reduction | completed | 2014-12 | United Kingdom, Ireland and Australia | Secure shredding operations (previously in International Business segment) | other f5-10k / GLM-5.3-flash-HTML | Sold International Shredding Operations in a stock transaction for ~$26.2M cash at closing (including $1.5M in escrow); pretax gain of ~$6.9M ($10.2M with tax benefit) recorded. Concluded not to be a discontinued operation; revenues were less than 1% of consolidated revenues. Headcount removed not disclosed. | ||||
| 2014-12-31 | restructuring | completed | 2013-07-01 | 2014-12-31 | United States | North American Records and Information Management Business | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Organizational realignment plan implemented in Q3 2013 and completed in 2014; amount shown is the FY2014 charge allocated to this segment. Number of employees affected not disclosed. Announcement date is approximate (filer states only 'third quarter of 2013'). | ||
| 2014-12-31 | restructuring | completed | 2013-07-01 | 2014-12-31 | United States | North American Data Management Business | USD 0 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 charge allocated to this segment under the same organizational realignment program; employees affected not disclosed. | ||
| 2014-12-31 | restructuring | completed | 2013-07-01 | 2014-12-31 | International | International Business | USD 0 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 charge allocated to this segment under the same organizational realignment program; employees affected not disclosed. | ||
| 2014-12-31 | restructuring | completed | 2013-07-01 | 2014-12-31 | United States | Corporate and Other | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 charge allocated to this segment under the same organizational realignment program; employees affected not disclosed. Total FY2014 restructuring cost was approximately $3.475 million, primarily severance and benefits. | ||
| 2014-12-31 | divestiture_reduction | completed | 2014-12-01 | 2014-12-31 | United Kingdom, Ireland, Australia | International Business — secure shredding (Destruction) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | International Shredding Operations divested in a stock transaction for approximately $26.2 million cash at closing; not treated as a discontinued operation. Headcount removed not disclosed. Announcement date approximate (filer states only December 2014). | |||
| 2014-12-31 | acquisition_addition | completed | 2014-01-01 | 2014-01-31 | Australia | International Business — storage and data management | USD 15 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Tape Management Services Pty Ltd for approximately $15.3 million; purchase price shown for context. Headcount added not disclosed. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-02-01 | 2014-03-31 | Turkey | International Business — storage rental and records management | USD 21 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of RM Arşiv Yönetim Hizmetleri for approximately $21.2 million, of which $16.8 million paid in Q1 2014 and remainder in Q1 2015. Headcount added not disclosed. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-04-01 | 2014-04-30 | Poland | International Business — storage rental and records management | USD 14 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of OSG Polska sp. z.o.o. for approximately $13.7 million. Headcount added not disclosed. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-09-01 | 2014-09-30 | Russia, Ukraine, Denmark | International Business — purchase of joint venture partners' noncontrolling interests | USD 25 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of JV partners' noncontrolling interests in previously consolidated businesses for approximately $24.5 million. Headcount impact not disclosed. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-10-01 | 2014-10-31 | Brazil | International Business — storage rental and data management | USD 46 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Keepers Brasil Ltda for approximately $46.2 million, including $5.4 million in escrow. Headcount added not disclosed. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-12-01 | 2014-12-31 | Canada | North American Records and Information Management Business | USD 30 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Canadian-based Securit Records Management for approximately $29.5 million. Headcount added not disclosed. | ||
| 2014-12-31 | restructuring | completed | 2013-07-01 | 2014-12-31 | Global | Various segments | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Plan implemented in Q3 2013 and completed in 2014. $3.5 million recorded in 2014 primarily for employee severance and associated benefits. Breakdown: $1.6M North American Records, $0.3M North American Data, $1.5M Corporate and Other. | ||
| 2014-09-30 | restructuring | in_progress | 2013-07-01 | 2014-12-31 | North American Records & Information Management; North American Data Management; Corporate and Other | USD 3,460 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Organizational realignment plan initiated Q3 2013; nine-month 2014 restructuring costs of $3.5 million primarily employee severance and benefits, split $1.6M / $0.4M / $1.5M across the three segments; additional ~$0.8 million of severance expected in remainder of 2014, primarily Corporate and Other. No employee counts disclosed. | |||
| 2014-09-30 | restructuring | in_progress | 2013-07-01 | United States, Canada, International | North American Records & Information Management, North American Data Management, Corporate and Other | USD 3,460 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Organizational realignment plan initiated Q3 2013; $3,460K severance costs recorded in nine months ended 2014-09-30, split $1,647K NA RIM, $360K NA Data Mgmt, $1,453K Corporate; additional $838K expected in remainder of 2014. No employee headcount disclosed. | |||
| 2014-09-30 | restructuring | in_progress | 2013-09-30 | 2014-12-31 | Global | Corporate and Other; North American Records and Information Management; North American Data Management | USD 3,460 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan implemented in Q3 2013 for organizational realignments. $3.5M recorded in first nine months of 2014, primarily employee severance. Additional $0.8M expected in remainder of 2014. Employee count not disclosed. | ||
| 2014-09-30 | acquisition_addition | completed | 2014-01-01 | Australia | International Business | USD 15,300 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Tape Management Services Pty Ltd. Headcount not disclosed. | |||
| 2014-09-30 | acquisition_addition | completed | 2014-02-01 | Turkey | International Business | USD 21,200 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired RM Arsiv Yönetim Hizmetleri Ticaret Anonim Sirketi. Headcount not disclosed. | |||
| 2014-09-30 | acquisition_addition | completed | 2014-04-01 | Poland | International Business | USD 13,700 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired OSG Polska sp. z.o.o. Headcount not disclosed. | |||
| 2014-09-30 | acquisition_addition | completed | 2014-09-01 | Russia, Ukraine, Denmark | International Business | USD 24,500 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Purchased joint venture partners' noncontrolling interests. Headcount not disclosed. | |||
| 2014-09-30 | acquisition_addition | announced | 2014-10-01 | Brazil | International Business | USD 46,200 (thousands) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquired Keepers Brasil Ltda. Headcount not disclosed. | |||
| 2014-06-30 | restructuring | in_progress | 2013-07-01 | 2014-12-31 | North American Records & Information Management; North American Data Management; Corporate and Other | USD 1,135 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Organizational realignment plan initiated in Q3 2013; Q2 2014 charge of $1,135 thousand primarily for employee severance and associated benefits. | |||
| 2014-06-30 | restructuring | in_progress | 2013-07-01 | 2014-12-31 | North American Records & Information Management; North American Data Management; Corporate and Other | USD 3,560 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six months ended June 30, 2014 restructuring costs of $3,560 thousand, primarily employee severance; $2,220, $474 and $866 thousand attributable to the three segments respectively. An additional $1,387 thousand of severance costs expected in remainder of 2014, primarily in Corporate and Other. | |||
| 2014-06-30 | restructuring | in_progress | 2013-07-01 | 2014-12-31 | Global | North American Records & Information Management, North American Data Management, Corporate and Other | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Organizational realignment plan initiated Q3 2013; $3.6M severance cost in 6M 2014 ($2.2M NA RIM, $0.5M NA Data Mgmt, $0.9M Corporate). Additional $1.4M expected in remainder of 2014. No employee count disclosed. | ||
| 2014-06-30 | acquisition_addition | completed | 2014-01-01 | 2014-01-31 | Australia | International Business | USD 15 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Tape Management Services Pty Ltd for ~$15.3M; headcount added not disclosed. | ||
| 2014-06-30 | acquisition_addition | completed | 2014-02-01 | 2014-02-28 | Turkey | International Business | USD 21 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired RM Arsiv Yönetim Hizmetleri for ~$21.2M; headcount added not disclosed. | ||
| 2014-06-30 | acquisition_addition | completed | 2014-04-01 | 2014-04-30 | Poland | International Business | USD 14 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired OSG Polska sp. z.o.o. for ~$13.7M; headcount added not disclosed. | ||
| 2014-06-30 | restructuring | in_progress | 2013-09-01 | 2014-12-31 | Global | Corporate and Other; North American Records & Information Management; North American Data Management | USD 3,560 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan implemented in Q3 2013 for organizational realignments. YTD 2014 charges of $3.6M primarily for employee severance. Expected additional $1.4M in remainder of 2014. Employee count not disclosed. | ||
| 2014-03-31 | restructuring | in_progress | 2013-07-01 | 2014-12-31 | North American Records and Information Management Business; Corporate and Other | USD 2,425 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Organizational realignment plan implemented in Q3 2013; Q1 2014 charge primarily employee severance and benefits ($2,101 in North American RIM segment, $324 in Corporate and Other). Additional ~$3,334 thousand of severance costs expected in remainder of 2014. No employee headcount affected disclosed. | |||
| 2014-03-31 | restructuring | in_progress | 2013-09-30 | 2014-12-31 | United States | North American Records and Information Management Business; Corporate and Other | USD 2,425 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Organizational realignment plan implemented in Q3 2013; $2,425 thousand of severance costs recorded in Q1 2014 ($2,101 thousand in North American Records and Information Management, $324 thousand in Corporate and Other; $1,363 thousand in SG&A, $1,062 thousand in cost of sales). An additional $3,334 thousand of severance expected in the remainder of 2014, primarily in Corporate and Other. Number of employees affected not disclosed. | ||
| 2014-03-31 | acquisition_addition | completed | 2014-01-31 | Australia | International Business | USD 15,300 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | January 2014 acquisition of Tape Management Services Pty Ltd (storage and data management) for approximately $15,300 thousand; headcount added not disclosed. Charge value reflects purchase consideration, not a workforce charge. | |||
| 2014-03-31 | acquisition_addition | completed | 2014-02-28 | Turkey | International Business | USD 20,900 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | February 2014 acquisition of RM Arsiv Yönetim Hizmetleri (storage rental and records management) for approximately $20,900 thousand, of which $16,750 thousand paid in Q1 2014; headcount added not disclosed. Charge value reflects purchase consideration, not a workforce charge. | |||
| 2014-03-31 | acquisition_addition | announced | 2014-04-30 | Poland | International Business | USD 16,500 (thousands) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | April 2014 acquisition of OSG Records Management (Europe) Limited for approximately $16,500 thousand; announcement date approximated to quarter-end as only month/year is given. Headcount added not disclosed. Charge value reflects purchase consideration, not a workforce charge. | |||
| 2014-03-31 | restructuring | in_progress | 2013-09-01 | 2014-12-31 | Global | North American Records and Information Management Business; Corporate and Other | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan implemented in Q3 2013. Q1 2014 charges of $2.4M primarily for employee severance. Expected additional $3.3M in remainder of 2014. Employee count not disclosed. | ||
| 2014-03-31 | acquisition_addition | completed | 2014-01-01 | Australia | International Business | USD 15 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Tape Management Services Pty Ltd. Headcount not disclosed. | |||
| 2014-03-31 | acquisition_addition | completed | 2014-02-01 | Turkey | International Business | USD 21 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired RM Arsiv Yönetim Hizmetleri Ticaret Anonim Sirketi. Headcount not disclosed. | |||
| 2014-03-31 | acquisition_addition | announced | 2014-04-01 | Poland | International Business | USD 17 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquired OSG Records Management (Europe) Limited. Headcount not disclosed. | |||
| 2013-12-31 | restructuring | in_progress | 2013-09 | 2014 | North American Business | USD 15 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Organizational realignment plan implemented in the third quarter of 2013 to advance growth strategy and reduce operating costs; charges primarily employee severance and benefits. Number of employees affected not disclosed. Additional $6.9 million of severance and benefit costs expected in 2014, primarily in this segment. Part of consolidated 2013 restructuring costs of ~$23.4 million ($20.0M in SG&A, $3.4M in cost of sales); ongoing restructuring late 2013/early 2014 may change reportable segments in 2014. | |||
| 2013-12-31 | restructuring | in_progress | 2013-09 | 2014 | International Business | USD 4 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Portion of the Q3 2013 organizational realignment plan reflected in this segment's 2013 results; charges primarily employee severance and benefits. Number of employees affected not disclosed. | |||
| 2013-12-31 | restructuring | in_progress | 2013-09 | 2014 | Corporate | USD 5 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Portion of the Q3 2013 organizational realignment plan reflected in the Corporate segment's 2013 results; charges primarily employee severance and benefits. Number of employees affected not disclosed. | |||
| 2013-12-31 | restructuring | in_progress | United States and international | North American Business, International Business and Corporate | USD 23 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Organizational realignment plan implemented in Q3 2013; specific announcement date not disclosed. Charge primarily employee severance and benefits, split $14.8M North American Business, $3.7M International Business, $4.9M Corporate ($20.0M in SG&A, $3.4M in cost of sales). Employees affected not disclosed. Additional $6.9M of severance expected in 2014, primarily North American Business. Filer also evaluating changes to reportable segments during 2014. | ||||
| 2013-12-31 | acquisition_addition | completed | United States, Brazil, Colombia, Peru, China | North American Business and International Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Six FY2013 acquisitions: Texas storage/records business (May 2013, ~$25.0M), Archivum/AMG in Sao Paulo (June 2013, ~$29.0M), G4S Colombia (Sept 2013, ~$54.0M), File Service Peru (Sept 2013, ~$16.0M), Cornerstone Records Management (Oct 2013, ~$191.0M), Databox Records Management China (Dec 2013, ~$8.6M). Total FY2013 consideration $321.1M. Headcount added through these acquisitions not disclosed. | |||||
| 2013-12-31 | acquisition_addition | announced | 2014-03-31 | Australia and Turkey | International Business | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | First quarter 2014 acquisitions of Tape Management Services Pty Ltd (Australia) and RM Arsiv Yönetim Hizmetleri (Turkey) for aggregate ~$39.6M; completed after fiscal year-end but before filing date. Headcount added not disclosed. | ||||
| 2013-12-31 | restructuring | in_progress | 2013-09-30 | 2014-12-31 | Global | North American Business, International Business, Corporate | USD 23 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Organizational realignment to advance growth strategy and reduce operating costs. Costs primarily related to employee severance and associated benefits. Expected to incur additional $6.9 million in 2014. | ||
| 2013-09-30 | restructuring | in_progress | 2013-09-30 | USD 5 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Organizational realignment plan to advance growth strategy and reduce operating costs; targets annual cost savings of approximately $30.0-$40.0 million beginning in 2014; charges primarily relate to employee severance and associated benefits. | |||||
| 2013-09-30 | restructuring | announced | 2013-09-30 | 2013-12-31 | USD 25 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Additional restructuring charges of approximately $25.0 million expected in the fourth quarter of 2013 under the same realignment plan; primarily employee severance and associated benefits. | ||||
| 2013-09-30 | restructuring | in_progress | Not specified | Organizational realignment across company | USD 5 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring plan for organizational realignments; $5M charge recorded in Q3 2013, with ~$25M additional expected in Q4 2013. Charges primarily for employee severance and benefits. No employee count disclosed. Aimed at annual cost savings of $30M-$40M beginning 2014. | ||||
| 2013-09-30 | acquisition_addition | completed | United States (Texas, Michigan, Florida) | Storage rental and records management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired storage rental and records management business in May 2013 for ~$25M. No headcount disclosed. | |||||
| 2013-09-30 | acquisition_addition | completed | Brazil (São Paulo) | Storage rental and records management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Archivum Comercial Ltda. and AMG Comercial Ltda. in June 2013 for ~$29M. No headcount disclosed. | |||||
| 2013-09-30 | acquisition_addition | completed | Colombia and Peru | Storage rental and records management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired G4S entities in Colombia (~$54M) and File Service S.A. in Peru (~$16M) in September 2013. No headcount disclosed. | |||||
| 2013-09-30 | acquisition_addition | announced | 2013-10-01 | United States | Records and information management | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Cornerstone Records Management, LLC in October 2013 for ~$191M. No headcount disclosed. | ||||
| 2013-09-30 | restructuring | in_progress | 2013-09-30 | 2013-12-31 | Global | Corporate / General | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plan for organizational realignments to advance growth strategy and reduce operating costs. Charges primarily relate to employee severance and associated benefits. Additional charges of approx $25M expected in Q4 2013. | ||
| 2013-09-30 | restructuring | in_progress | Employee Severance | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | completed | 2012-10-01 | 2012-12-31 | United States | North American Business — Sales, Marketing & Account Management | USD 4 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring costs incurred within the North American Business segment during the fourth quarter of 2012; employees affected not disclosed. | ||
| 2012-12-31 | restructuring | completed | 2012-10-01 | 2012-12-31 | North America and International | North American Business and International Business | USD 17 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth-quarter 2012 costs and asset write-downs for facility consolidations and other asset impairments; amount covers both facilities and severance-type costs, employees affected not disclosed. | ||
| 2012-12-31 | plant_closure | completed | 2012-01-01 | 2012-12-31 | United Kingdom | International Business | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Costs associated with closing a facility in the United Kingdom offset International segment margin improvement in 2012; charge amount and headcount impact not separately disclosed. | |||
| 2012-12-31 | acquisition_addition | completed | 2012-04-01 | 2012-04-30 | Brazil | International Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Grupo Store (storage rental, records management and data protection) for approximately $79.0 million; acquired headcount not disclosed. | |||
| 2012-12-31 | acquisition_addition | completed | 2012-05-01 | 2012-05-31 | Switzerland | International Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of a controlling interest in joint venture Sispace AG for approximately $21.6 million; acquired headcount not disclosed. | |||
| 2012-12-31 | divestiture_reduction | completed | 2012-04-27 | 2012-04-27 | Italy | International Business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Italian records management operations; results reported as discontinued operations. Employees removed through the sale not disclosed. | |||
| 2012-12-31 | restructuring | completed | 2012-10-01 | 2012-12-31 | North America | Sales, Marketing & Account Management | USD 4 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring costs incurred within North American Business segment during Q4 2012. | ||
| 2012-12-31 | divestiture_reduction | completed | 2012-04-27 | 2012-04-27 | Italy | International Business | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Italian operations. | |||
| 2012-09-30 | divestiture_reduction | completed | 2012-04-27 | 2012-04-27 | Italy | International Business — records management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the Italian records management business completed 2012-04-27; no employee count disclosed. A $1,885 thousand loss on sale was recorded in discontinued operations. | |||
| 2012-09-30 | acquisition_addition | completed | 2012-04-30 | 2012-04-30 | Brazil | International Business — records management and data protection | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Grupo Store completed in April 2012 for approximately $79.0 million; filing states month only, day approximated. No headcount added disclosed. | |||
| 2012-09-30 | acquisition_addition | completed | 2012-05-31 | 2012-05-31 | Switzerland | International Business — storage rental and records management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of controlling interest in Swiss joint venture Sispace AG in May 2012 for approximately $21.6 million; filing states month only, day approximated. No headcount added disclosed. | |||
| 2012-03-31 | acquisition_addition | completed | 2012-04-01 | 2012-04-30 | Brazil | International Business | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | April 2012 acquisition of Grupo Store (records management and data protection) for ~$80.0M; no headcount disclosed. | |||
| 2012-03-31 | divestiture_reduction | completed | 2011-12-01 | 2012-04-27 | Italy | International Business — records management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Italian Business sold 2012-04-27 (subsequent event); classified as held for sale in Q4 2011; no headcount disclosed. | |||
| 2011-12-31 | acquisition_addition | completed | 2011-01-31 | 2011-01-31 | Poland | International Business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 80% of Polish joint venture in January 2011 for an estimated $80.0 million; headcount added not disclosed. | |||
| 2011-12-31 | divestiture_reduction | completed | 2011-05-15 | 2011-06-02 | Global | Digital Business (online backup, digital archiving, eDiscovery) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Digital Business to Autonomy for approximately $395.4 million in cash; headcount removed not disclosed. | |||
| 2011-12-31 | divestiture_reduction | completed | 2011-05-31 | 2011-10-03 | New Zealand | International Business — records management | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Committed to sale plan in May 2011; completed October 3, 2011 for approximately $10.0 million. Announcement month only; day not disclosed. Headcount removed not disclosed. | |||
| 2011-12-31 | divestiture_reduction | announced | 2011-12-31 | Italy | International Business — records management | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Committed in December 2011 to a plan to sell the Italian Business; classified as held for sale. Day of announcement not disclosed. Headcount removed not disclosed. | ||||
| 2011-06-30 | divestiture_reduction | completed | 2011-05-15 | 2011-06-02 | Global | Digital Business (online backup and recovery, digital archiving, eDiscovery) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Digital Business to Autonomy completed 2011-06-02; no employee count disclosed. Transaction costs of $7.4M and $11.1M inducements noted; intellectual property escrow services retained. | |||
| 2011-06-30 | divestiture_reduction | announced | 2011-05-31 | 2012-05-31 | New Zealand | International Physical Business — records management | USD 5 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Held-for-sale classification at 2011-06-30; $4.9M long-lived asset impairment recorded in Q2 2011. Announcement month stated as May 2011 (day not specified). No employee count disclosed. | ||
| 2011-06-30 | acquisition_addition | completed | 2011-01-31 | 2011-01-31 | Poland | International Physical Business — storage and records management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of remaining 80% of Iron Mountain Poland Holdings for ~$80.0M total estimated consideration; no headcount added disclosed. Announcement month stated as January 2011 (day not specified). | |||
| 2011-03-31 | other | completed | 2011-04-20 | 2011-05-31 | United States | Executive Management | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Separation of CEO Robert T. Brennan effective May 31, 2011. Agreement signed April 20, 2011. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-02 | United States (Santa Clara, California) | Worldwide Digital Business | USD 112 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired Mimosa Systems, Inc., a provider of enterprise-class digital content archiving solutions, for approximately $112 million in cash plus roughly $2 million fair value of options issued. Headcount added was not disclosed. Value shown is acquisition consideration, not a workforce-related charge. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-05 | Greece | International Physical Business | USD 5 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired the remaining 87% interest in the Safe doc S.A. joint venture, moving Greek records-management operations from equity-method accounting to full consolidation; headcount not disclosed. Value shown is the cash purchase price. | |||
| 2010-12-31 | divestiture_reduction | completed | 2010-08 | United States | Worldwide Digital Business — domain name management product line | USD 11 (millions) | other f5-10k / GLM-5.3-flash-HTML | Divested the domain name management product line for approximately $11.4 million in cash at closing, generating a pretax gain of about $6.9 million; approximately $4.8 million of goodwill was allocated to the product line. Headcount removed was not disclosed. Value shown is sale proceeds, not a workforce-related charge. | |||
| 2010-12-31 | acquisition_addition | completed | 2011-01 | Poland | International Physical Business | USD 70 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | In January 2011 (after fiscal year-end) acquired the remaining 80% interest in Iron Mountain Poland Holdings Limited, previously unconsolidated under the equity method, for an estimated $69.5 million including $35.0 million initial cash; a second payment of roughly $32 million was expected in Q2 2011. Headcount not disclosed. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-02-01 | United States | Worldwide Digital Business | USD 114 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Mimosa Systems, Inc. for approximately $112.0 million cash plus approximately $2.0 million fair value of options issued; headcount added not disclosed. Purchase price includes escrowed consideration. | |||
| 2010-12-31 | acquisition_addition | completed | 2010-05-01 | Greece | International Physical Business | USD 5 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 87% interest in Greek joint venture Safe doc S.A. for approximately $4.7 million cash, taking ownership to 100%; headcount added not disclosed. | |||
| 2010-12-31 | divestiture_reduction | completed | 2010-08-01 | United States | Worldwide Digital Business | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divested domain name management product line for approximately $11.4 million cash; assets sold primarily customer contracts. Headcount removed not disclosed; product line revenue approximately $6.3 million in 2009. | ||||
| 2010-12-31 | acquisition_addition | announced | 2011-01-01 | Poland | International Physical Business | USD 70 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | January 2011 acquisition of remaining 80% of Iron Mountain Poland Holdings Limited for estimated $69.5 million (initial cash $35.0 million, estimated second payment ~$32.0 million, up to $2.5 million contingent consideration). Headcount added not disclosed. A board member and family receive approximately 24% of purchase price. | |||
| 2010-09-30 | acquisition_addition | completed | 2010-02 | United States (Santa Clara, California) | Worldwide Digital Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Mimosa Systems acquired for ~$112 million cash plus ~$2 million in options; no headcount disclosed. | ||||
| 2010-09-30 | divestiture_reduction | completed | 2010-08 | Worldwide Digital Business (domain name management product line) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Product line sold for ~$11.4 million cash; assets primarily customer contracts; no headcount disclosed. | |||||
| 2010-09-30 | acquisition_addition | completed | 2010-02-01 | United States | Worldwide Digital Business | USD 112 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired 100% of Mimosa Systems, Inc. for approx. $112,000 in cash and $2,000 in options. Headcount not disclosed. | |||
| 2010-09-30 | acquisition_addition | completed | 2010-05-01 | Greece | International Physical Business | USD 5 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired remaining 87% interest in Safe doc S.A. for approx. $4,700. Headcount not disclosed. | |||
| 2010-09-30 | divestiture_reduction | completed | 2010-08-01 | Global | Worldwide Digital Business | other f5-10q / Qwen3.6-27B-Q8_0 | Divested domain name management product line for approx. $11,400 in cash. Assets sold primarily consisted of customer contracts. Headcount not disclosed. | ||||
| 2010-06-30 | acquisition_addition | completed | 2010-02-01 | United States (Santa Clara, California) | Worldwide Digital Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 100% of Mimosa acquired for approximately $112 million cash plus ~$2 million in options; headcount added not disclosed. | ||||
| 2010-06-30 | acquisition_addition | completed | 2010-05-01 | Greece | International Physical Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining 87% interest in Greek joint venture acquired for ~$4.7 million cash, bringing ownership to 100%; headcount added not disclosed. | ||||
| 2010-03-31 | acquisition_addition | completed | 2010-02-01 | United States (Santa Clara, California) | Worldwide Digital Business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Mimosa Systems, Inc. for approximately $112 million cash plus ~$2.7 million in options; no employee headcount for the acquired workforce is disclosed in the filing. | ||||
| 2010-03-31 | restructuring | in_progress | Global | Acquired Businesses | USD 287 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expenditures of $287,000 related to restructuring reserves for acquisitions prior to Dec 31, 2008. Employee count not disclosed. | ||||
| 2009-12-31 | restructuring | in_progress | 2010-12-31 | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Restructuring of businesses acquired prior to December 31, 2008; activities included staffing reductions, duplicate facility elimination and exit costs. No discrete FY2009 charge established; FY2009 cash expenditures were $6,356 thousand, leaving a year-end reserve of $1,080 thousand (severance portion $61 thousand) expected to be substantially used before year-end 2010. Employee count not disclosed. | ||||||
| 2009-12-31 | acquisition_addition | completed | 2010-02 | 2010-02 | United States | Worldwide Digital Business (enterprise digital content archiving) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Acquisition of Mimosa Systems, Inc. completed February 2010 for approximately $112 million in cash; closes after FY2009 period-end. Headcount added not disclosed. | |||
| 2009-12-31 | restructuring | in_progress | 2010-12-31 | Multiple | Acquired businesses | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring of previously acquired businesses (staffing reductions, duplicate facility eliminations). FY2009 activity: no new reserves established; $6,356 thousand of expenditures; ending reserve $1,080 thousand. Accruals expected to be substantially used before December 31, 2010. Employee counts not disclosed. | ||||
| 2009-12-31 | acquisition_addition | announced | 2010-02-01 | 2010-02-28 | United States | Worldwide Digital Business | USD 112 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | February 2010 acquisition of Mimosa Systems, Inc. for approximately $112 million in cash; purchase price disclosed, headcount added not disclosed. Announcement month known, day not stated. | ||
| 2009-12-31 | restructuring | completed | Global | Various | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Expenditures of $6.356 million related to restructuring reserves for acquisitions. Reserves included lease losses on abandoned facilities, severance costs, and other exit costs. No specific employee count disclosed for 2009 expenditures. | ||||
| 2009-09-30 | restructuring | in_progress | 2010-09-30 | Global | Various (Acquisition-related) | USD 6,222 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to prior acquisition restructurings include lease losses ($5,878k), severance costs ($69k), and other exit costs ($275k). Expected to be used prior to Sept 30, 2010, except for long-term contract items. | |||
| 2009-06-30 | restructuring | in_progress | 2010-06-30 | United States and international | Acquired businesses (pre-2009 acquisitions) | USD 77 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring of businesses acquired before Dec 31, 2008; includes staffing reductions, facility eliminations. Severance accrual $77K of $7,160K total reserve at Jun 30, 2009; no employee count disclosed. | |||
| 2009-06-30 | restructuring | in_progress | 2010-06-30 | Global | Various (Acquisition-related) | USD 7,160 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to prior acquisition restructurings. Includes lease losses ($6,767k), severance ($77k), and other exit costs ($316k). Most expected to be used prior to June 30, 2010. | |||
| 2009-03-31 | restructuring | in_progress | 2010-03-31 | Global | Various (Acquisition-related) | USD 7,855 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to prior acquisition restructurings include lease losses, severance, and exit costs. Expected to be used prior to March 31, 2010, except for long-term contract items. | |||
| 2008-12-31 | restructuring | in_progress | 2009-12-31 | Acquired businesses (acquisition integration) | USD 9 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Reserves of $8,694 thousand established during 2008 for acquisition-related restructurings (staffing reductions, elimination of duplicate facilities, exit costs); recorded as goodwill under EITF 95-3 rather than a separate restructuring expense line. Year-end reserve of $8,555 thousand comprised lease losses on abandoned facilities ($7,315 thousand), severance ($94 thousand) and other exit costs ($1,146 thousand). Most accruals expected to be used before December 31, 2009, except $6,134 thousand of lease losses and small severance/exit amounts tied to contracts extending beyond one year. No employee counts disclosed. | ||||
| 2008-12-31 | restructuring | in_progress | 2009-12-31 | North America, Europe, Latin America, Asia Pacific | Acquired businesses (integration restructuring) | USD 8,694 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2008 activity only: reserves established $8,694K, expenditures $2,698K, ending balance $8,555K (lease losses on abandoned facilities $7,315K, severance $94K, other exit costs $1,146K). Employees affected not disclosed. Most accruals expected to be used before 2009 year-end except $6,134K lease losses, $61K severance contracts and $82K other exit costs on contracts extending beyond one year. | |||
| 2008-12-31 | acquisition_addition | completed | 2008-05-31 | United States (Denver and Colorado Springs, Colorado) | North American Physical Business — records storage, secure shredding, data backup | USD 31,378 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price of $31,378K; headcount added not disclosed. Filer states acquisition completed in May 2008. | |||
| 2008-12-31 | acquisition_addition | completed | 2008-12-31 | North America and international | Multiple — five small acquisitions plus purchase of remaining Brazil partner interest | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer reports five small acquisitions in 2008 plus purchase of the remaining interest of its Brazil partner; total 2008 consideration was $54,541K (including $2,319K contingent payments on prior-year deals). Headcount added not disclosed; consideration for this group is not separately stated from DocuVault. | ||||
| 2008-12-31 | plant_closure | in_progress | United States | North American Physical Business — owned storage facilities | USD 6,019 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decisions during 2008 to exit several owned North American storage facilities (including one vacated and classified available for sale), producing facility writedowns of approximately $6,019K within the $7,483K total loss on disposal/writedown. Employees affected not disclosed. | ||||
| 2008-12-31 | plant_closure | in_progress | United Kingdom | International Physical Business | USD 3 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision in 2008 to exit a leased U.K. facility, resulting in an incremental rental charge of $3.3M in 2008. Employees affected not disclosed. | ||||
| 2008-12-31 | other | in_progress | 30 | 2007-12-31 | Not specified | Unionized workforce | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | One labor contract covering approximately 30 employees expired after December 31, 2007; the company has operated under the expired contract while negotiating a replacement. Not a headcount reduction — captured as a labor-relations event. | |||
| 2008-12-31 | restructuring | in_progress | 2009-12-31 | Global | Various | USD 9 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructurings (lease losses, severance, other exit costs). Expected to be used prior to Dec 31, 2009 except for long-term contracts. | |||
| 2008-09-30 | restructuring | in_progress | 2009-09-30 | Multiple (acquired businesses) | Acquired businesses | USD 102 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance reserve balance at 2008-09-30 within acquisition-related restructuring reserves (total $8,812 thousand, also including $7,603 lease losses and $1,107 other exit costs); no employee counts disclosed. Reserves established in the nine months ended 2008-09-30 totaled $8,079 thousand. Most accruals expected to be used before 2009-09-30, except $6,606 lease losses, $69 severance and $99 other exit costs under contracts extending beyond one year. | |||
| 2008-09-30 | restructuring | in_progress | 2009-09-30 | Global | Various (Acquisition-related) | USD 8,812 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructurings (lease losses, severance, exit costs). Most expected to be used prior to Sept 30, 2009. | |||
| 2008-06-30 | restructuring | in_progress | 2009-06-30 | Acquisition-related restructurings | USD 9,709 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Reserves of $9,709 thousand at June 30, 2008 consist of lease losses on abandoned facilities ($7,992), severance costs ($110) and other exit costs ($1,607); accruals expected to be used prior to June 30, 2009 except portions tied to contracts extending beyond one year. No employee counts disclosed. | ||||
| 2008-06-30 | restructuring | in_progress | 2009-06-30 | Global | Various (Acquisition-related) | USD 9,709 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructurings (lease losses, severance, exit costs). Expected to be used prior to June 30, 2009, except for long-term contracts. | |||
| 2008-06-30 | acquisition_addition | completed | North America | Hard Copy, Shredding, Data Protection | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquired business in North America providing Hard Copy, Shredding and Data Protection services in Q2 2008. | |||||
| 2008-06-30 | acquisition_addition | completed | Brazil | International Physical Business | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquired remaining 29% minority interest in Brazilian business in Q2 2008. | |||||
| 2008-06-30 | acquisition_addition | completed | Switzerland | International Physical Business | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Established operations in Switzerland through a minority-owned joint venture in Q2 2008. | |||||
| 2008-03-31 | restructuring | in_progress | 2009-03-31 | Various | Acquired businesses | USD 1,376 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Reserves established during Q1 2008; ending balance $4,423K at 2008-03-31 covering lease losses ($2,751K), severance ($128K), and other exit costs ($1,544K). Most accruals expected used before 2009-03-31; some contracts extend beyond one year. No employee count disclosed. | |||
| 2008-03-31 | acquisition_addition | announced | North America; Brazil; Switzerland | Hard Copy, Shredding, Data Protection | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter acquisitions for total cash consideration of approximately $43,000K: a North American business, remaining 28% minority interest in Brazilian business, and a minority-owned Swiss JV. No headcount added disclosed. | |||||
| 2008-03-31 | restructuring | in_progress | 2009-03-31 | Global | Various (Acquisition-related) | USD 4,423 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructurings (lease losses, severance, exit costs). Expected to be used prior to March 31, 2009, except for long-term contract items. | |||
| 2007-12-31 | restructuring | in_progress | 2007 | 2008-12-31 | Acquisition integration — elimination of duplicate facilities, reductions in staffing levels and exit of certain acquired-business activities | USD 2,246 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | $2,246 thousand of restructuring reserves established during 2007 in connection with integration of 2007 acquisitions; no employee counts disclosed. Year-end reserve of $3,602 thousand comprised of lease losses on abandoned facilities ($2,018), severance ($407) and other exit costs ($1,177); most accruals expected to be used prior to December 31, 2008, with portions of each category tied to contracts extending beyond one year. | |||
| 2007-12-31 | acquisition_addition | completed | 2007-05 | United States | North American Physical Business — records and information management | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired May 2007 for a purchase price of $200.3 million (net of cash acquired); brought 31 facilities across 17 metropolitan markets in 10 states and the District of Columbia. Employee headcount added through the acquisition was not disclosed. | ||||
| 2007-12-31 | acquisition_addition | completed | 2007-09 | United States | North American Physical Business — healthcare file-room services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired September 2007 for $45.4 million in cash; provider of outsourced hospital file-room and film-library management services. Employee headcount added through the acquisition was not disclosed. | ||||
| 2007-12-31 | acquisition_addition | completed | 2007-12 | United States | Worldwide Digital Business — eDiscovery services | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired December 2007 for $130.1 million cash (net of cash acquired) plus $22.8 million fair value of options issued; Mountain View, California-based eDiscovery provider. Employee headcount added through the acquisition was not disclosed. | ||||
| 2007-12-31 | acquisition_addition | completed | 2007-05-31 | United States | North American Physical Business | USD 200 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | ArchivesOne, Inc. acquired May 2007 for $200,295 thousand net of cash acquired; 31 facilities in 17 metro markets. Headcount added not disclosed; purchase price shown as acquisition consideration, not a workforce charge | |||
| 2007-12-31 | acquisition_addition | completed | 2007-09-30 | United States | North American Physical Business — Healthcare Information Services | USD 45 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | RMS Services—USA, Inc. acquired September 2007 for $45.4 million cash; outsourced file-room services for hospitals. Headcount added not disclosed | |||
| 2007-12-31 | acquisition_addition | completed | 2007-12-31 | United States | Worldwide Digital Business — eDiscovery | USD 130 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Stratify, Inc. acquired December 2007 for $130,051 thousand cash net of cash acquired plus $22,828 thousand fair value of options issued. Headcount added not disclosed | |||
| 2007-12-31 | restructuring | in_progress | Multiple (North America, International) | Acquired businesses — facility consolidations and severance | USD 2,246 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2007 activity only: reserves established $2,246K, expenditures $3,991K, ending balance $3,602K (severance $407K, lease losses $2,018K, other exit costs $1,177K). Employees affected not disclosed; program relates to restructuring of acquired businesses | ||||
| 2007-12-31 | restructuring | in_progress | Global | Various | USD 2 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reserves established for restructuring activities related to acquisitions during the year. Includes lease losses, severance costs, and other exit costs. Employee count not explicitly disclosed for 2007 additions. | ||||
| 2007-09-30 | acquisition_addition | completed | United States | North American Physical Business (records and information management) | USD 202 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | ArchivesOne, Inc. acquired in Q2 2007; purchase price approximately $202 million. No employee headcount added through the acquisition was disclosed. | ||||
| 2007-09-30 | acquisition_addition | completed | United States | North American Physical Business (outsourced file-room services for hospitals) | USD 45 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | RMS Services–USA, Inc. acquired in Q3 2007 for approximately $45 million in cash. No employee headcount added through the acquisition was disclosed. | ||||
| 2007-09-30 | acquisition_addition | announced | 2007-12-31 | United States | Worldwide Digital Business (electronic discovery services) | USD 158 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement signed after quarter-end to acquire Stratify, Inc. for approximately $158 million in cash; subject to regulatory review and customary closing conditions. No headcount figures disclosed. | |||
| 2007-09-30 | restructuring | in_progress | 2008-09-30 | Acquired businesses (2007 acquisitions) | USD 4,210 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring reserves of $4,210 thousand at September 30, 2007 related to acquired businesses: lease losses on abandoned facilities ($2,168), severance costs ($419), other exit costs ($1,623). No employee counts disclosed; accruals expected to be used prior to September 30, 2008 except portions based on contracts extending beyond one year. | ||||
| 2007-09-30 | acquisition_addition | completed | United States | North American Physical Business — records and information management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price approximately $202,000 thousand; 31 facilities in 17 metropolitan markets. No employee count disclosed. | |||||
| 2007-09-30 | acquisition_addition | completed | United States | Healthcare file-room and film-library management services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired in Q3 2007 for approximately $45,000 thousand in cash. No employee count disclosed. | |||||
| 2007-09-30 | restructuring | in_progress | 2008-09-30 | Multiple (North America and international) | Acquired businesses — staffing reductions, duplicate facility exits | USD 419 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition-related restructuring reserves at 2007-09-30: severance $419K, lease losses $2,168K, other exit costs $1,623K (total $4,210K). No employee counts disclosed; most accruals expected used by 2008-09-30. | |||
| 2007-09-30 | acquisition_addition | announced | 2007-12-31 | United States (Mountain View, California) | Worldwide Digital Business — electronic discovery services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed after Q3 2007 for approximately $158,000 thousand in cash; expected to close by end of 2007, subject to regulatory review. No employee count disclosed. | ||||
| 2007-09-30 | restructuring | in_progress | 2008-09-30 | Global | Various (Acquisition Integration) | USD 4,210 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructuring activities (lease losses, severance, exit costs). Expected to be used prior to Sept 30, 2008, except for long-term contracts. | |||
| 2007-09-30 | acquisition_addition | completed | United States | Records and Information Management | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired ArchivesOne, Inc. in Q2 2007 for approx $202M. Headcount not disclosed. | |||||
| 2007-09-30 | acquisition_addition | completed | United States | File-room and Film-library Management | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired RMS Services-USA, Inc. in Q3 2007 for approx $45M. Headcount not disclosed. | |||||
| 2007-09-30 | acquisition_addition | announced | 2007-10-01 | 2007-12-31 | United States | Electronic Discovery Services | USD 158,000 (thousands) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Signed definitive agreement to acquire Stratify, Inc. for approx $158M. Expected to close by end of 2007. Headcount not disclosed. | ||
| 2007-06-30 | restructuring | in_progress | 2008-06-30 | Global | Various (Acquisition-related) | USD 4,851 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructurings include lease losses ($2,547k), severance costs ($468k), and other exit costs ($1,836k). Expected to be used prior to June 30, 2008, except for long-term contracts. | |||
| 2007-03-31 | restructuring | in_progress | 2008-03-31 | Global | Various (Acquisition-related) | USD 5,092 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructurings include lease losses ($2,855k), severance costs ($255k), and other exit costs ($1,982k). Expected to be used prior to March 31, 2008, except for long-term contract items. | |||
| 2007-03-31 | acquisition_addition | completed | United States | Records and Information Management | USD 202,000 (thousands) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of ArchivesOne, Inc. completed subsequent to quarter end. Purchase price approx $202 million. Headcount not disclosed. | ||||
| 2006-12-31 | restructuring | in_progress | 2007-12-31 | Acquired businesses (integration restructurings) | USD 3,642 (thousands) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Ongoing acquisition-integration restructurings that include elimination of duplicate facilities, staffing reductions and exit costs; reserves established in 2006 of $3,642 thousand (recorded within goodwill per EITF 95-3). Year-end reserve of $5,553 thousand comprised of lease losses $3,010, severance $259 and other exit costs $2,284 (thousands). Accruals expected to be used prior to December 31, 2007 except portions under contracts extending beyond one year. No employee counts disclosed. | ||||
| 2006-12-31 | acquisition_addition | completed | United States; Europe; Asia Pacific | North American Physical Business; International Physical Business | USD 60,428 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total consideration for 2006 acquisitions was $60,428 thousand (cash paid gross of cash acquired), including U.K. shredding businesses, minority buyouts in France and Mexico, and an India joint venture. Headcount added through these acquisitions was not disclosed. | ||||
| 2006-12-31 | restructuring | in_progress | 2007-12-31 | United States; Europe; Asia Pacific | Multiple (acquired businesses) | USD 3,642 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition-related restructuring reserves: $12,698 thousand opening, $3,642 thousand established, $5,181 thousand spent during 2006, $5,553 thousand remaining at year-end (includes lease losses $3,010, severance $259, other exit costs $2,284). Employee counts affected not disclosed; amounts relate to current fiscal year activity within an ongoing multi-year program. | |||
| 2006-12-31 | restructuring | in_progress | United States | North American Physical Business (field management) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | North American reorganization added a new level of field management during 2006; headcount added or eliminated and associated costs not quantified. | |||||
| 2006-12-31 | plant_closure | completed | 2006-07 | London, England | International Physical Business | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | July 2006 fire destroyed a leased records management facility (concluded by authorities to be arson). Facility revenues were less than 1% of consolidated revenues; $9,600 thousand insurance receivable recorded at year-end. Employees displaced not disclosed. | ||||
| 2006-09-30 | restructuring | in_progress | 2007-09-30 | Multiple (acquired businesses) | Acquired businesses — various | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring reserves of $6,933 thousand at 2006-09-30 covering lease losses ($3,321), severance ($317), and move/exit costs ($3,295) from acquisition-related restructurings; includes staffing reductions but no employee counts disclosed. Most accruals expected used by 2007-09-30; portions tied to contracts extending beyond one year. | ||||
| 2006-09-30 | acquisition_addition | completed | Multiple (U.K., France, Mexico, U.S., Europe, India, Australia/New Zealand) | Various — shredding, records management, digital | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multiple 2006 acquisitions (cash paid $54,708 thousand gross, including $21,382 contingent payments from prior-year deals); no headcount added through acquisitions disclosed. | |||||
| 2006-09-30 | restructuring | in_progress | 2007-09-30 | Global | Various (Acquisition-related) | USD 6,933 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructurings (lease losses, severance, move/exit costs). Expected to be used prior to Sept 30, 2007 except for long-term contracts. | |||
| 2006-09-30 | acquisition_addition | completed | United Kingdom | Shredding | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of two shredding businesses in the U.K. funded by operating cash flows and borrowings. | |||||
| 2006-09-30 | acquisition_addition | completed | France | Various | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Buyout of minority partners in France. | |||||
| 2006-09-30 | acquisition_addition | completed | Mexico | Various | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Buyout of minority partners in Mexico. | |||||
| 2006-09-30 | acquisition_addition | completed | United States | Shredding | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Contingent payments associated with a shredding acquisition in the U.S. | |||||
| 2006-09-30 | acquisition_addition | completed | Europe | Various | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Contingent payments associated with another acquisition in Europe. | |||||
| 2006-06-30 | restructuring | in_progress | 2007-06-30 | Multiple (acquired businesses) | Acquired businesses — restructuring | USD 418 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance component of acquisition restructuring reserves at 2006-06-30; total reserve $11,666K also includes lease losses $8,656K and move/exit costs $2,592K. No employee counts disclosed; most accruals expected used before 2007-06-30 except $144K severance contracts extending beyond one year. | |||
| 2006-06-30 | acquisition_addition | completed | Multiple (U.K., France, Mexico, U.S., Europe) | Shredding and physical records businesses | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2006 acquisitions (two U.K. shredding businesses, minority buyouts in France and Mexico, contingent payments) added operations during the six months; no headcount added disclosed. | |||||
| 2006-06-30 | restructuring | in_progress | 2007-06-30 | Global | Various (Acquisition-related) | USD 11,666 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructurings (lease losses, severance, move/exit costs). Expected to be used prior to June 30, 2007 except for certain long-term lease and severance contracts. | |||
| 2006-03-31 | restructuring | in_progress | 22 | 2007-03-31 | USD 507 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for 22 people as of 2006-03-31, part of acquisition-related restructuring reserves totaling $11,219 thousand (including $8,592 lease losses and $2,120 move/exit costs). Most accruals expected to be used before 2007-03-31; $6,712 lease losses and $152 severance contracts extend beyond one year. | ||||
| 2006-03-31 | restructuring | in_progress | 22 | 2007-03-31 | Global | Various (Acquisition-related) | USD 507 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for 22 people related to acquisition restructurings. Accruals expected to be used prior to March 31, 2007, except for $152k based on contracts extending beyond one year. | ||
| 2005-12-31 | restructuring | in_progress | 22 | 2006-12-31 | Post-acquisition integration of acquired businesses | USD 569 (thousands) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Severance reserve of $569 thousand covering approximately 22 people at December 31, 2005 arising from restructurings of acquired businesses (staffing reductions and elimination of duplicate facilities). This is the year-end reserve balance, not a full-year affected-headcount figure; the number of employees affected during 2005 is not disclosed. Accruals expected to be used prior to December 31, 2006, except severance contracts of $160 thousand and lease losses of $6,997 thousand tied to contracts extending beyond one year. FY2005 restructuring reserve roll-forward (thousands): beginning $21,414; established $1,142; expenditures $(7,360); goodwill/currency adjustments $(2,498); ending $12,698. Year-end 2005 restructuring reserve also includes lease losses on abandoned facilities of $9,760 and move/other exit costs of $2,369. | |||
| 2005-12-31 | restructuring | in_progress | 22 | Multiple (acquired businesses) | Acquired businesses — restructuring | USD 569 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance reserve at 2005 year-end for approximately 22 people under acquisition-related restructuring plans; reserve rollforward shows $1,142 thousand established and $7,360 thousand spent during 2005. Count reflects remaining reserve, not total separations during the year. Prior-year balance (56 people at 2004 year-end) excluded. | |||
| 2005-12-31 | acquisition_addition | completed | 2005-12-31 | Australia and New Zealand | Business Records Management | USD 86,276 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Australian and New Zealand operations of Pickfords Records Management completed December 2005; purchase consideration shown, headcount added not disclosed | |||
| 2005-12-31 | acquisition_addition | completed | 2005-12-31 | United States | Data Protection / Electronic Vaulting | USD 35,798 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of full ownership of LiveVault Corporation completed December 2005; headcount added not disclosed | |||
| 2005-12-31 | acquisition_addition | completed | 2005-12-31 | United Kingdom | Secure Shredding | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Secure Destruction Limited, described as the largest shredding business in the U.K.; consideration and headcount not separately disclosed | ||||
| 2005-12-31 | restructuring | in_progress | 22 | Global | Various | USD 569 (thousands) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance costs for approximately 22 people related to acquisition restructurings. Total restructuring reserves of $12.7 million include lease losses and move costs. | |||
| 2005-09-30 | restructuring | in_progress | 23 | 2006-09-30 | USD 284 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for approximately 23 people within acquisition-related restructuring reserves; part of a broader reserve of $14,466 thousand at 2005-09-30 covering lease losses, severance, and other exit costs. | ||||
| 2005-09-30 | acquisition_addition | completed | USD 46 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2005 acquisitions with cash consideration of $45,660 thousand; no headcount added through acquisitions is disclosed. | ||||||
| 2005-09-30 | other | announced | 2005-10-01 | 2005-12-31 | Australia and New Zealand | USD 87 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed in October 2005 to acquire Pickfords Records Management operations for approximately A$115 million (US$87 million); no headcount disclosed. | |||
| 2005-09-30 | restructuring | in_progress | 23 | 2006-09-30 | Global | Various (Acquisition-related) | USD 284 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 23 people related to acquisition restructuring reserves. Expected to be used prior to Sept 30, 2006. | ||
| 2005-09-30 | acquisition_addition | announced | 2005-10-01 | 2005-12-31 | Australia and New Zealand | Records Management | USD 87 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Definitive agreement to acquire Pickfords Records Management operations for approx. AUD 115,000 (USD 87,000). Employee count not disclosed. | ||
| 2005-06-30 | restructuring | in_progress | 49 | 2006-06-30 | Acquisition-related restructurings | USD 1,632 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance accrual at June 30, 2005 for approximately 49 people; accruals expected to be used prior to June 30, 2006 except severance contracts of $134 thousand extending beyond one year. Total restructuring reserves of $18,166 thousand also include lease losses of $12,240 thousand and other exit costs of $4,294 thousand. | |||
| 2005-06-30 | restructuring | in_progress | 49 | 2006-06-30 | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for approximately 49 people as part of acquisition-related restructuring; total restructuring reserve at 2005-06-30 was $18.166M including $12.240M lease losses and $4.294M other exit costs. Most accruals expected used before 2006-06-30, except $8.347M lease losses and $0.134M severance contracts extending beyond one year. | ||||
| 2005-06-30 | restructuring | in_progress | 49 | 2006-06-30 | Global | Various (Acquisition-related) | USD 1,632 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 49 people included in acquisition restructuring reserves. Expected to be used prior to June 30, 2006. | ||
| 2005-03-31 | restructuring | in_progress | 54 | 2006-03-31 | USD 2,141 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual at 2005-03-31 covering roughly 54 employees as part of post-acquisition restructuring; total restructuring reserve was $19,921 thousand (lease losses $12,521, severance $2,141, other exit costs $5,259). Most accruals expected to be used before 2006-03-31, except $163 of severance contracts extending beyond one year. Announcement date not disclosed; program relates to acquisitions completed in 2004 and 2005. | ||||
| 2005-03-31 | restructuring | in_progress | 54 | 2006-03-31 | USD 2,141 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 54 people related to acquisition restructurings. Accruals expected to be used prior to March 31, 2006. | ||||
| 2004-12-31 | restructuring | in_progress | 56 | 2005-12-31 | United States, Canada, Europe, Latin America | Acquired businesses — multiple | USD 15 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition-related restructuring: $15.282M reserves established during FY2004 (FY2004 expenditures $10.2M; ending reserve $21.414M). The 56 affected employees is the severance headcount in the year-end reserve (approx. $2.463M), not a full-year total; year-end reserve also includes $12.348M lease losses on abandoned facilities and $6.603M move/exit costs. Most accruals expected used before Dec 31, 2005, except $10.56M lease losses and $0.193M severance contracts extending beyond one year. | ||
| 2004-12-31 | acquisition_addition | completed | 2004-11-01 | 2004-11-30 | United States, United Kingdom, Germany, France | Data Protection / Digital | USD 109 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Connected Corporation for $109.326M cash consideration (net of cash acquired); headcount added not disclosed. | ||
| 2004-12-31 | acquisition_addition | completed | 2004-02-01 | 2004-02-28 | Europe | International | USD 154 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of Mentmore's 49.9% equity interest in Iron Mountain Europe Limited for GBP 82.5M (~$154M), giving 100% ownership. No incremental headcount added since IME was already fully consolidated. | ||
| 2004-12-31 | restructuring | in_progress | 56 | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance costs for approximately 56 people included in restructuring reserves at Dec 31, 2004. Reserves relate to acquisitions completed in 2004 and prior years. | |||||
| 2004-12-31 | acquisition_addition | completed | 2004-11-01 | United States | Data Protection | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Connected Corporation in November 2004. Headcount not explicitly disclosed. | ||||
| 2004-12-31 | acquisition_addition | completed | 2004-02-01 | Europe | International | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of remaining 49.9% equity interest in IME in February 2004. Headcount not explicitly disclosed. | ||||
| 2004-09-30 | restructuring | in_progress | 62 | 2005-09-30 | Multiple (acquired businesses) | Acquired businesses — severance and facility exits | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance for approximately 62 people within acquisition-related restructuring reserves of $21.2M total (including $12.8M lease losses and $6.5M other exit costs) as of 2004-09-30. Expected to be used prior to 2005-09-30 except for certain lease losses and severance contracts extending beyond one year. | ||
| 2004-09-30 | acquisition_addition | completed | 2004-02-01 | 2004-02-28 | United Kingdom | International (Iron Mountain Europe Limited) | USD 154 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Mentmore plc's 49.9% equity interest in IME for GBP 82.5M ($154M) cash. No headcount added since IME was already fully consolidated; no employee count disclosed. | ||
| 2004-09-30 | acquisition_addition | completed | 2003-07-01 | 2003-07-31 | United Kingdom | International (Hays IMS) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hays IMS acquisition (European information management services business of Hays plc) contributed $31.3M revenue in Q3 2004 and $113.1M YTD. No employee headcount added disclosed. | |||
| 2004-09-30 | acquisition_addition | announced | 2004-10-01 | 2004-12-31 | Multiple | Multiple | USD 136 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four acquisitions completed after 2004-09-30 for total consideration of approximately $136M, to be reflected in Q4 2004. No headcount figures disclosed. | ||
| 2004-09-30 | restructuring | in_progress | 62 | 2005-09-30 | Global | Various (Acquisition-related) | USD 1,956 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 62 people related to acquisition restructurings. Accruals expected to be used prior to Sept 30, 2005, except for specific contracts extending beyond one year. | ||
| 2004-09-30 | other | in_progress | 45 | United Kingdom | Accounting | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Hired approximately 45 new employees to process financial transactions for the UK as part of Hays integration and transition to new accounting operations center. | ||||
| 2004-06-30 | restructuring | in_progress | 75 | 2005-06-30 | Acquisition-related restructurings | USD 2,270 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance accrual at June 30, 2004 covers approximately 75 people; accruals expected to be used prior to June 30, 2005 except for severance contracts of $252 thousand extending beyond one year. Restructuring reserves also include lease losses on abandoned facilities of $13,066 thousand and other exit costs of $6,754 thousand. | |||
| 2004-06-30 | restructuring | in_progress | 75 | 2005-06-30 | Multiple (acquired businesses) | Acquired businesses — various | USD 2,270 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance reserve balance at 2004-06-30 for approximately 75 people; part of broader acquisition-related restructuring reserves totaling $22,090K (including $13,066K lease losses and $6,754K other exit costs). Most accruals expected used before 2005-06-30, except $11,744K lease losses and $252K severance contracts extending beyond one year. | ||
| 2004-06-30 | restructuring | in_progress | 75 | 2005-06-30 | USD 2,270 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 75 people related to acquisition restructurings. Accruals expected to be used prior to June 30, 2005, except for severance contracts of $252 thousand which extend beyond one year. | ||||
| 2004-03-31 | restructuring | in_progress | 123 | 2005-03-31 | Multiple (across acquired businesses) | Acquired businesses — restructuring | USD 2,836 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for approximately 123 people at March 31, 2004, part of acquisition-related restructuring. Total restructuring reserve was $19,856K including $10,321K lease losses and $6,699K other exit costs. Most accruals expected used by March 31, 2005; $285K severance contracts extend beyond one year. | ||
| 2004-03-31 | acquisition_addition | completed | United Kingdom / Europe | International | USD 154,000 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Mentmore plc's 49.9% equity interest in Iron Mountain Europe Limited for GBP 82,500K ($154,000K) in cash, giving 100% ownership. No headcount added disclosed. Company already fully consolidated IME results. | ||||
| 2004-03-31 | acquisition_addition | completed | Multiple | Multiple segments | USD 132,368 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four businesses acquired during Q1 2004 with cash paid net of cash acquired of $132,368K. Recorded goodwill of $32,232K. No headcount added disclosed for these acquisitions. | ||||
| 2004-03-31 | restructuring | in_progress | 123 | 2005-03-31 | Global | Various (Acquisition-related) | USD 2,836 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 123 people related to acquisition restructurings. Accruals expected to be used prior to March 31, 2005 except for specific contracts extending beyond one year. | ||
| 2004-03-31 | acquisition_addition | completed | 2004-02-01 | United Kingdom | International | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Mentmore plc's 49.9% equity interest in IME completed in February 2004. Headcount not explicitly disclosed. | ||||
| 2004-03-31 | acquisition_addition | completed | 2004-03-31 | Global | Various | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Purchased substantially all assets of four businesses during Q1 2004. Headcount not explicitly disclosed. | ||||
| 2003-12-31 | acquisition_addition | completed | 2003-07-16 | 2003-07-16 | United States, Europe | Business Records Management, International | USD 333 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Hays IMS acquisition from Hays plc; aggregate cash consideration approximately $333 million. No headcount disclosed for the acquired workforce. | ||
| 2003-12-31 | restructuring | in_progress | 158 | 2004-12-31 | Multiple | Acquired businesses | USD 3,593 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance reserve balance at Dec 31, 2003 for approximately 158 people across acquisition-related restructurings; accruals expected to be used prior to Dec 31, 2004 except for $314K of severance contracts extending beyond one year. Total restructuring reserves at year-end were $16,322K including lease losses and move/exit costs. | ||
| 2003-12-31 | acquisition_addition | completed | 2004-02-10 | 2004-02-10 | Europe | International | USD 154 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Mentmore plc's 49.9% equity interest in Iron Mountain Europe Limited for 82.5 million GBP ($154 million). Gives Iron Mountain 100% ownership of IME. No headcount disclosed; IME was already fully consolidated. | ||
| 2003-12-31 | restructuring | completed | 158 | Global | Various | USD 4 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance costs for approximately 158 people included in restructuring reserves at year-end. | |||
| 2003-09-30 | restructuring | in_progress | 2 | 2004-09-30 | USD 521 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for two people related to acquisition restructuring reserves. Expected to be used prior to Sept 30, 2004. | ||||
| 2003-09-30 | acquisition_addition | completed | 2003-07-01 | United States | Business Records Management | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of U.S. operations of Hays IMS. Headcount not explicitly quantified. | ||||
| 2003-09-30 | acquisition_addition | completed | 2003-07-01 | Europe | International | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of European operations of Hays IMS. Headcount not explicitly quantified. | ||||
| 2003-09-30 | acquisition_addition | completed | United States | Sales & Marketing | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Added 75 sales and marketing employees since Sept 30, 2002, representing a 20% increase in headcount excluding European operations. | |||||
| 2003-06-30 | restructuring | in_progress | 6 | 2004-06-30 | USD 492 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Unresolved restructuring matters at June 30, 2003 include severance costs for six people of $492 thousand; severance contracts of $370 thousand extend beyond one year. Accruals expected to be used prior to June 30, 2004 except for contract-based amounts. | ||||
| 2003-06-30 | restructuring | in_progress | 6 | 2004-06-30 | USD 492 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for six people as part of acquisition-related restructuring reserves at June 30, 2003; total restructuring reserve balance was $7,255 thousand including lease losses and other exit costs. Accruals expected to be used prior to June 30, 2004 except certain lease losses and severance contracts extending beyond one year. | ||||
| 2003-06-30 | acquisition_addition | announced | 2003-07 | United States; Europe | Information management services | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | July 2003 acquisition of Hays plc information management services business in two simultaneous transactions (US operations for GBP 14.5 million / $24.0 million; European operations via joint venture IME for GBP 185.5 million / $304.0 million). No headcount added disclosed. | ||||
| 2003-06-30 | restructuring | in_progress | 6 | 2004-06-30 | USD 492 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for six people related to acquisition restructurings; contracts extend beyond one year. | ||||
| 2003-03-31 | restructuring | in_progress | 6 | 2004-03-31 | Acquisition-related restructurings | USD 522 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance accrual at March 31, 2003 covers approximately six people; $399 of severance contracts extend beyond one year. Restructuring reserve also includes lease losses on abandoned facilities of $4,670 and other exit costs of $3,148. | |||
| 2003-03-31 | restructuring | in_progress | 6 | 2004-03-31 | Not specified | Acquired businesses | USD 522 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for approximately six people as part of acquisition-related restructuring; accrual expected to be used prior to March 31, 2004 except for certain contracts extending beyond one year. Broader restructuring program includes staffing reductions, facility eliminations, and other exit costs totaling $8,340 thousand in reserves at March 31, 2003. | ||
| 2003-03-31 | acquisition_addition | completed | Not specified | Not specified | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three businesses acquired during Q1 2003; purchase price exceeded fair value of net assets by $10,940 thousand assigned to goodwill. No headcount added through acquisitions is disclosed. | |||||
| 2003-03-31 | restructuring | in_progress | 6 | 2004-03-31 | USD 522 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately six people related to acquisition restructurings. Reserves expected to be used prior to March 31, 2004. | ||||
| 2003-03-31 | restructuring | in_progress | USD 4,670 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Lease losses on abandoned facilities related to acquisition restructurings. | ||||||
| 2003-03-31 | other | completed | 40 | Sales & Marketing | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Added more than 40 new sales and marketing employees since March 31, 2002, representing a 10% increase in headcount. | |||||
| 2002-12-31 | acquisition_addition | completed | Records management businesses (domestic and international) | USD 41 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Ten records management businesses acquired during 2002 for total consideration of $41.4 million; headcount added not disclosed. Includes a $7.2 million contingent payment made in Q3 2002 related to a 2000 acquisition. Acquisitions occurred throughout the year; specific dates not disclosed. | |||||
| 2002-12-31 | restructuring | in_progress | 2003-12-31 | USD 5 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Ongoing acquisition-related restructuring comprising staffing reductions and elimination of duplicate facilities, with reserves recorded to goodwill under EITF 95-3. Reserves established during 2002 of $5.0 million; total restructuring reserve of $9.9 million at year-end 2002, including severance for approximately 2 people ($0.6 million). Accruals expected to be used prior to December 31, 2003, except certain lease losses and severance contracts extending beyond one year. Pierce Leahy integration (merger closed February 2000) was completed in 2002; property consolidation reduced occupied leased facilities by 23 during the year. Employees affected during fiscal 2002 not quantified. | |||||
| 2002-12-31 | acquisition_addition | completed | 2002-12-31 | United States and international | Records management businesses | USD 41 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ten records management businesses acquired during 2002 for total cash consideration of $41.4 million; no headcount added disclosed. Charge shown is total consideration, not a severance charge. | |||
| 2002-12-31 | restructuring | in_progress | 2003-12-31 | United States and international | Acquired businesses | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 restructuring reserves established of $5.0M against acquired businesses; year-end reserve included severance for approximately 2 people ($578K), lease losses on abandoned facilities ($5.1M) and move/exit costs ($4.2M). Employees affected during FY2002 not separately disclosed. | |||
| 2002-12-31 | restructuring | completed | 2 | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance costs for approximately 2 people included in restructuring reserves related to acquisitions. All merger-related activities associated with the Pierce Leahy merger were completed in 2002. | |||||
| 2002-12-31 | restructuring | in_progress | 2003-12-31 | United States; International | Acquired records management businesses | USD 4,963 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reserves established during 2002 for restructuring of acquired businesses (facility abandonments, severance, exit costs); $6,745 thousand spent and $4,537 thousand adjusted to goodwill during 2002, leaving a $9,906 thousand balance at year-end. Year-end accrual covered severance for approximately 2 people ($578 thousand) plus lease losses and move costs; total employees affected during 2002 not disclosed. | |||
| 2002-12-31 | restructuring | completed | 2002-12-31 | United States | Corporate / Pierce Leahy integration | USD 796 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger-related expenses for 2002 (severance, relocation, pay-to-stay, facility exits, system conversion); all Pierce Leahy merger-related activities completed during 2002. Employees affected not disclosed. | |||
| 2002-12-31 | acquisition_addition | completed | 2002-12-31 | United States; International | Records management businesses | USD 41,356 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ten records management businesses acquired during 2002 for $41,356 thousand cash consideration; headcount added through these acquisitions not disclosed. | |||
| 2002-12-31 | acquisition_addition | completed | Not specified | Records management businesses | USD 17 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three acquisitions completed after December 31, 2002 and before the filing date for approximately $16.8 million including related real estate; to be reflected in the first quarter of 2003 cash flow statement. Headcount not disclosed. | ||||
| 2002-09-30 | restructuring | in_progress | 2 | 2003-09-30 | USD 656 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition-related restructuring reserves at 2002-09-30 included severance for about two people; total restructuring reserve balance was $8,789 thousand (lease losses, severance, other exit costs). Severance accruals expected to be used before 2003-09-30 except $458 thousand of contracts extending beyond one year. | ||||
| 2002-09-30 | acquisition_addition | completed | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchased substantially all assets of five businesses during the nine months ended 2002-09-30; headcount added not disclosed. | |||||||
| 2002-09-30 | acquisition_addition | announced | USD 25 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four acquisitions completed after quarter-end for total consideration including related real estate of about $25 million; headcount added not disclosed. | ||||||
| 2002-09-30 | restructuring | in_progress | 2 | 2003-09-30 | USD 656 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisitions include severance costs for approximately two people. Accruals expected to be used prior to Sept 30, 2003. | ||||
| 2002-06-30 | restructuring | in_progress | 5 | 2003-06-30 | USD 683 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring reserves from 2001 and 2002 acquisitions include severance for approximately 5 people ($683K) and lease losses on abandoned facilities ($7,645K); total reserve balance $11,674K at June 30, 2002. Expected to be used prior to June 30, 2003 except for certain lease losses and severance contracts extending beyond one year. | ||||
| 2002-06-30 | restructuring | in_progress | 5 | 2003-06-30 | USD 683 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserves related to acquisition restructurings include severance costs for approximately 5 people. Expected to be used prior to June 30, 2003. | ||||
| 2002-03-31 | restructuring | in_progress | 29 | 2003-03-31 | Acquired businesses (2002 and 2001 acquisitions) | USD 937 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance accrual for approximately 29 people within the $15,081 thousand restructuring reserve; severance contracts of $517 thousand extend beyond one year. Reserve also includes lease losses on abandoned facilities ($9,705) and other exit costs ($4,439). | |||
| 2002-03-31 | restructuring | in_progress | 29 | 2003-03-31 | International; United States | Acquired records management businesses | USD 937 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance reserve balance at 2002-03-31 for approximately 29 people, part of restructuring of 2002 and 2001 acquired businesses; total restructuring reserve was $15,081 thousand including lease losses and other exit costs. Most accruals expected to be used before 2003-03-31, except severance contracts of $517 thousand extending beyond one year. | ||
| 2002-03-31 | acquisition_addition | completed | Business records management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company purchased substantially all assets of two businesses during the quarter; no headcount added disclosed in the filing. | ||||||
| 2002-03-31 | restructuring | in_progress | 29 | 2003-03-31 | USD 937 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 29 people related to acquisition restructurings. Accruals expected to be used prior to March 31, 2003. | ||||
| 2001-12-31 | restructuring | in_progress | 31 | United States | Acquired businesses | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2001 restructuring expenditures of $7.8M for acquired businesses; severance for approximately 31 people at year-end. Includes lease losses on abandoned facilities ($10.1M) and move/exit costs ($5.1M) in remaining $16.2M reserve. | |||
| 2001-12-31 | restructuring | in_progress | 2002-12-31 | United States | Corporate / Pierce Leahy integration | USD 4 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger-related expenses of $3.7M in FY2001 (severance, relocation, system conversion). Total integration cost estimated at $15M; integration expected to proceed through 2002. Headcount impact not separately quantified. | |||
| 2001-12-31 | acquisition_addition | completed | United States and international | Records and information management | USD 83 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 16 RIMS businesses acquired in FY2001 for aggregate consideration of $83M; headcount added not disclosed. Two additional confidential destruction businesses acquired Jan 1–Mar 1, 2002 for ~$8M (subsequent event). | ||||
| 2001-12-31 | restructuring | completed | 31 | 2001-01-01 | 2001-12-31 | Global | Various | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance costs for approx. 31 people related to acquisition restructurings completed in 2001. | |
| 2001-09-30 | restructuring | in_progress | 14 | Acquired businesses | USD 1,054 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance accrual at 2001-09-30 covers approximately 14 employees from 2001 and 2000 acquisition restructurings; about $586 thousand relates to contracts extending beyond one year. Restructuring reserve also includes lease losses on abandoned facilities of $14,446 thousand and other exit costs of $6,664 thousand; total reserve $22,164 thousand. | ||||
| 2001-09-30 | restructuring | in_progress | 14 | USD 1,054 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for approximately 14 people as of 2001-09-30, part of acquisition-related restructuring reserves totaling $22,164 thousand (also covering lease losses of $14,446 and other exit costs of $6,664). Plans finalized no later than one year from each acquisition date; severance contracts of approximately $586 extend beyond one year. | |||||
| 2001-09-30 | acquisition_addition | completed | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchased substantially all assets and assumed certain liabilities of 13 businesses during the nine months ended 2001-09-30; headcount added through these acquisitions was not disclosed. | |||||||
| 2001-09-30 | restructuring | in_progress | 14 | USD 1,054 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 14 people related to acquisition restructurings. Part of broader restructuring reserves. | |||||
| 2001-06-30 | restructuring | in_progress | 11 | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing restructuring of acquired businesses from 2000 and 2001 acquisitions; severance accrual for ~11 people at 2001-06-30. Includes staffing reductions, duplicate facility eliminations, and exit costs. Plans finalized no later than one year from each acquisition date. | |||||
| 2001-06-30 | restructuring | in_progress | 11 | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 11 people related to acquisition restructurings. | |||||
| 2001-03-31 | restructuring | in_progress | 16 | USD 1,376 (thousands) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs accrued for approximately 16 people as part of acquisition-related restructuring reserves; total restructuring reserve of $24,724 thousand at March 31, 2001 also includes lease losses on abandoned facilities ($15,783) and other exit costs ($7,565). Approximately $674 of severance contracts extend beyond one year. | |||||
| 2001-03-31 | restructuring | in_progress | 16 | USD 1,376 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance reserve for approximately 16 people as of 2001-03-31; part of broader acquisition-related restructuring program with total ending reserve of $24,724K covering lease losses, severance, and exit costs. Program relates to 2000 and 2001 acquisitions. | |||||
| 2001-03-31 | restructuring | in_progress | 16 | USD 1 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 16 people related to acquisition restructurings. Part of broader restructuring reserves. | |||||
| 2000-12-31 | restructuring | in_progress | Acquired businesses (12 RIMS businesses acquired during 2000) | USD 31 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Restructurings of acquired businesses included staffing reductions and elimination of duplicate facilities. Reserves of $31.4M established in 2000 as purchase accounting; $7.5M expended during 2000; $28.5M accrued at year-end, comprising lease losses on abandoned facilities ($18.4M), severance for approximately 17 people ($3.2M) and move/other exit costs ($6.9M). Plans finalized within one year of each acquisition; at year-end, facility abandonments and severances for 2000 acquisitions remained to be completed. | |||||
| 2000-12-31 | restructuring | in_progress | 2000-02-01 | Company-wide (Iron Mountain and Pierce Leahy operations) | Pierce Leahy/Iron Mountain integration | USD 9 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Merger-related expenses of $9.1M recorded in 2000 against an estimated total integration cost of ~$15M (majority in 2000-2001); costs include severance, relocation and pay-to-stay payments, facility exits, system conversion and transaction costs. A related $15.1M non-cash stock-option compensation expense arose from accelerated vesting under separation agreements with certain executives tied to the merger, including the President's resignation effective 2000-06-30 with ~$1.29M severance. Full integration targeted within three years of the 2000-02-01 merger, with ~$15M of annual cost savings expected. | |||
| 2000-12-31 | restructuring | in_progress | Multiple | Acquired businesses | USD 31 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reserves established during 2000 for restructuring of businesses acquired 1998–2000. Year-end reserves of $28.5M comprise lease losses on abandoned facilities ($18.4M), severance for approximately 17 people ($3.2M), and move/exit costs ($6.9M). Expenditures during 2000 were $7.5M. Number of employees affected during 2000 not separately disclosed. | ||||
| 2000-12-31 | restructuring | in_progress | 2000-02-01 | United States | Corporate and operations | USD 9 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger-related expenses recorded during 2000 for Pierce Leahy integration. Total estimated at approximately $15 million, majority in 2000 and 2001. Includes severance, relocation, pay-to-stay payments, facility exits, and system conversion costs. Expected full integration within three years of merger; estimated $15M in annual operating cost savings within three years. | |||
| 2000-12-31 | other | completed | United States | Executive management | USD 15 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Non-cash stock option compensation expense from separation agreements with certain executives relating to the Pierce Leahy merger, including acceleration of vesting and extension of exercise periods. Number of executives not disclosed. Includes J. Peter Pierce severance of $1,289,583 per Item 11. | ||||
| 2000-12-31 | acquisition_addition | completed | 1999-10-20 | 2000-02-01 | United States | Records and information management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock reverse merger with Pierce Leahy Corp. valued at $1.0 billion including assumed debt. Headcount added not disclosed. | |||
| 2000-12-31 | acquisition_addition | completed | Multiple | Records and information management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Eleven additional RIMS businesses acquired during 2000 (12 total including Pierce Leahy). Headcount added not disclosed. | |||||
| 2000-12-31 | acquisition_addition | completed | Europe and Latin America | Records and information management | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Six additional businesses acquired from January 1, 2001 through March 1, 2001 for aggregate consideration of approximately $41 million. Subsequent event disclosed in MD&A. Headcount added not disclosed. | |||||
| 2000-12-31 | restructuring | in_progress | 2000-01-01 | 2001-12-31 | Global | Corporate and Operations | USD 31 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reserves established for acquisitions completed in 2000. Includes severance and facility exit costs. Employee count not explicitly disclosed for 2000 acquisitions, though prior year notes mention specific headcounts for older reserves. | ||
| 2000-12-31 | restructuring | in_progress | 2000-02-01 | 2003-02-01 | Global | Corporate and Operations | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Merger-related expenses for integration of Pierce Leahy. Includes severance, relocation, and pay-to-stay payments. Total estimated cost $15 million over three years. Employee count not explicitly disclosed. | ||
| 2000-09-30 | restructuring | in_progress | 19 | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | At September 30, 2000, restructuring reserves included severance costs for approximately 19 people ($2.4 million); total reserves of $19.3 million also covered lease losses on abandoned facilities ($11.6 million) and other exit costs ($5.3 million). Severance accruals relate to restructurings of acquired businesses under EITF 95-3. | |||||
| 2000-09-30 | restructuring | in_progress | 19 | Not specified | Acquired businesses | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance reserve balance for approximately 19 people as of 2000-09-30; part of broader acquisition-related restructuring reserves totaling $19.3M. Reserve balance, not a quarterly flow count. Plans finalized within one year of acquisition. | |||
| 2000-09-30 | voluntary_separation | completed | Not specified | Executive management | USD 15 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Separation agreements with certain executives entered into during Q2 and Q3 2000, including acceleration and extension of previously granted stock options; non-cash charge of $15.1M for nine months ended 2000-09-30. Number of executives not disclosed. | ||||
| 2000-09-30 | restructuring | in_progress | 19 | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 19 people related to acquisition restructurings. | |||||
| 2000-06-30 | restructuring | in_progress | 33 | Acquired businesses (1999 and 2000 Acquisitions) | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs for approximately 33 people; some long-term severance contracts of about $2.8 million extend through 2013. Restructuring reserve balance at June 30, 2000 was $13.9 million, including lease losses on abandoned facilities of $6.7 million and other exit costs of $4.4 million. | ||||
| 2000-06-30 | restructuring | in_progress | Acquired businesses (1999 and 2000 Acquisitions) | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Lease losses on abandoned facilities included in the June 30, 2000 restructuring reserve; $4.8 million of lease losses based on contracts extending through expected lease term dates. | |||||
| 2000-06-30 | restructuring | in_progress | Acquired businesses (1999 and 2000 Acquisitions) | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Other exit costs included in the June 30, 2000 restructuring reserve. | |||||
| 2000-06-30 | acquisition_addition | completed | Records and information management services | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock merger with Pierce Leahy Corp. plus asset purchases of six additional businesses completed during the six months ended June 30, 2000; no headcount added disclosed. | ||||||
| 2000-06-30 | restructuring | in_progress | 33 | Acquired businesses (1999 and 2000 acquisitions) | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance reserve at June 30, 2000 covers approximately 33 people; total restructuring reserve was $13.9M (incl. $6.7M lease losses, $4.4M other exit costs), with $8.3M reserves established during the six months. Long-term severance contracts run through 2013; plans finalized no later than one year from each acquisition date. | ||||
| 2000-06-30 | other | completed | United States | Executive management | USD 15 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Separation agreements with certain executives in Q2 2000 accelerated and extended previously granted stock options, producing a non-cash $14.9M charge; number of executives not disclosed. Company expected an additional charge of at least $5M in Q3 2000. | ||||
| 2000-06-30 | restructuring | in_progress | 33 | 2013-12-31 | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 33 people related to acquisition restructurings; long-term contracts extend through 2013. | ||||
| 2000-06-30 | other | completed | 2000-06-30 | Executive | USD 15 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | Separation agreements with certain executives resulted in acceleration of stock options, recorded as non-cash compensation expense. | ||||
| 2000-03-31 | restructuring | in_progress | 59 | Acquired businesses | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs for approximately 59 people within $15.4 million restructuring reserve at March 31, 2000; long-term severance contracts of approximately $3.6 million extend through 2013. | ||||
| 2000-03-31 | acquisition_addition | completed | 2000-02-01 | 2000-02-01 | Records and information management | USD 1,064 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Stock-for-stock merger valued at approximately $1.1 billion; no headcount figures disclosed. Restructuring of acquired businesses includes staffing reductions recorded as acquisition costs. | |||
| 2000-03-31 | acquisition_addition | completed | 2000-05-01 | 2000-05-01 | Southeastern United States | Records and information management | USD 54 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Acquired assets of Data Storage Centers, Inc. of Jacksonville, Florida for $54 million cash; operates in 14 markets. No headcount figures disclosed. | ||
| 2000-03-31 | restructuring | in_progress | 59 | Not specified | Not specified | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs for approximately 59 people as part of restructuring reserves related to 1999 and 2000 acquisitions; total restructuring reserve balance was $15.4M at 2000-03-31. Long-term severance contracts of approximately $3.6M extend through 2013. | |||
| 2000-03-31 | acquisition_addition | completed | 2000-02-01 | 2000-02-01 | United States | Records and information management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock merger valued at approximately $1.1 billion completed 2000-02-01; no employee headcount added disclosed. | |||
| 2000-03-31 | acquisition_addition | completed | Not specified | Records and information management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two additional records and information management businesses acquired during Q1 2000 for total consideration of $5.3M; no headcount disclosed. | |||||
| 2000-03-31 | acquisition_addition | announced | 2000-05-01 | 2000-05-01 | United States (primarily southeastern) | Records and information management / data storage | USD 54 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired all assets of Data Storage Centers, Inc. of Jacksonville, FL for $54M cash effective 2000-05-01; operates in 14 markets. No headcount disclosed. | ||
| 2000-03-31 | acquisition_addition | announced | Not specified | Not specified | USD 6 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two additional businesses acquired in April through May 12, 2000 for aggregate purchase price of $5.8M; no headcount disclosed. | ||||
| 2000-03-31 | restructuring | in_progress | 59 | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for approximately 59 people related to acquisition restructurings. Part of $15.4M total restructuring reserves. | |||||
| 2000-03-31 | acquisition_addition | completed | 2000-02-01 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Pierce Leahy Corp. completed Feb 1, 2000. Headcount not explicitly disclosed. | ||||||
| 2000-03-31 | acquisition_addition | completed | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Purchase of two other records and information management businesses in Q1 2000. Headcount not explicitly disclosed. | |||||||
| 2000-03-31 | acquisition_addition | announced | 2000-05-01 | United States | USD 54 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Data Storage Centers, Inc. effective May 1, 2000 for $54 million cash. Headcount not disclosed. | ||||
| 2000-03-31 | acquisition_addition | announced | USD 6 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of two additional businesses in April/May 2000 for aggregate $5.8 million. Headcount not disclosed. | ||||||
| 1999-12-31 | divestiture_reduction | completed | 1999-06 | 1999-11-01 | United States | IT Staffing | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Arcus Staffing Resources, Inc. completed November 1, 1999; $13.4 million loss on sale primarily from write-off of nondeductible goodwill; no employee count disclosed | |||
| 1999-12-31 | restructuring | in_progress | 12 | United States | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Year-end balance composition: severance for approximately 12 people ($1.5M) within $9.3M total restructuring reserve; cumulative through fiscal year-end across all completed acquisitions | ||||
| 1999-12-31 | restructuring | in_progress | United States | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Year-end balance: severance costs of $535 thousand within $2.4M total restructuring reserve; cumulative through fiscal year-end; no employee count disclosed | |||||
| 1999-12-31 | acquisition_addition | completed | 1999-10-20 | 2000-02-01 | United States | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reverse merger of Old Iron Mountain and Pierce Leahy valued at approximately $1.1 billion including assumed debt; no employee count disclosed | ||||
| 1999-12-31 | restructuring | announced | 2000-02-01 | United States | USD 5 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Expected restructuring charge of not more than $5 million during FY2000 related to merger integration; total integration expenditures estimated at approximately $15 million over next two years including severance, relocation, and transition costs | ||||
| 1999-12-31 | acquisition_addition | announced | 2000-02-18 | 2000-06-30 | United States | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pending acquisition of Data Storage Centers, Inc. for approximately $54 million in cash; expected to close in Q2 2000; no employee count disclosed | ||||
| 1999-12-31 | restructuring | completed | 1999 | Various | Various | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Old Iron Mountain expended $4.8 million for restructuring costs in 1999 related to acquisitions. Costs consisted primarily of severance and exiting facilities. Employee count not explicitly disclosed for this aggregate amount. | |||
| 1999-12-31 | restructuring | completed | 1999 | Various | Various | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Pierce Leahy expended $0.9 million for restructuring costs in 1999 related to acquisitions. Costs consisted primarily of severance and exiting facilities. Employee count not explicitly disclosed. | |||
| 1999-03-31 | acquisition_addition | completed | 1999-03-31 | United Kingdom | Records Management | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Datavault, Limited and two other records management businesses. Headcount not disclosed. | ||||
| 1998-12-31 | acquisition_addition | completed | United States, Canada | Records management | USD 204 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 16 acquisitions completed during 1998 for aggregate purchase price of $204.1 million; headcount added not disclosed. | ||||
| 1998-12-31 | acquisition_addition | completed | United States, Canada, United Kingdom | Records management | USD 42 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three acquisitions completed after fiscal year-end (Jan–Feb 1999) for approximately $42.1 million, including DataVault Limited in the U.K.; headcount added not disclosed. | ||||
| 1998-03-31 | acquisition_addition | completed | Records management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Five records management businesses acquired in Q1 1998 for approximately $40,044 thousand cash; headcount added not disclosed. Goodwill of $36,971 thousand assigned. | ||||||
| 1998-03-31 | acquisition_addition | completed | 1998-04-07 | 1998-04-07 | Canada | Records management | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Archivex Inc. acquired for approximately $63,000 thousand cash, financed partly by a $135,000 thousand 8 1/8% senior subordinated notes offering; headcount added not disclosed. | |||
| 1998-03-31 | acquisition_addition | completed | United States | Records management | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three post-quarter acquisitions (Amodio Archives, CT; All Safe Archives, MA; The Records Centre, MI) totaling approximately $25,500 thousand; headcount added not disclosed. | |||||
| 1997-12-31 | acquisition_addition | completed | United States | Records management | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Filer completed and integrated 17 acquisitions during fiscal 1997 (January through December 1997, all U.S. locations per the Item 1 acquisition table) at an aggregate purchase price of $109.1 million; the filing does not disclose the number of employees added through these transactions. | |||||
| 1997-12-31 | acquisition_addition | completed | 1997-12-31 | 1997-12-31 | United States and Canada | Records Management | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 17 acquisitions completed and integrated during 1997 totaling approximately 10.3 million cubic feet of records; no employee headcount impact disclosed | |||
| 1997-12-31 | acquisition_addition | completed | 1998-03-23 | 1998-03-23 | United States and Canada | Records Management | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Five acquisitions completed since January 1, 1998 (post-fiscal-year-end, pre-filing) totaling approximately 3.9 million cubic feet; no employee headcount impact disclosed | |||
| 1997-12-31 | acquisition_addition | announced | 1998-02-28 | 1998-04-30 | Canada | Records Management | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed to purchase Archivex Inc. for Cdn $90.0 million; expected to close April 1998; no employee headcount impact disclosed | |||
| 1997-09-30 | acquisition_addition | completed | Records management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Eleven records management businesses acquired during the nine months ended September 30, 1997 (ten purchase method, one pooling of interests); no employee counts disclosed. | ||||||
| 1997-09-30 | acquisition_addition | completed | United States (New Orleans, LA; Kansas City, MO; Denver, CO) | Records management | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three acquisitions completed after September 30, 1997 for approximately $10,050 thousand total consideration; no employee counts disclosed. | |||||
| 1997-03-31 | acquisition_addition | completed | Records management | USD 15,949 (thousands) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four records management businesses acquired during the quarter; purchase price exceeded fair value of net assets by $15,949 thousand assigned to goodwill. No employee headcount added disclosed. | |||||
| 1997-03-31 | acquisition_addition | announced | Records management | USD 63,073 (thousands) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter acquisition of Records Management Systems, Inc. and one other records management business for an aggregate $63,073 thousand, financed with cash and Credit Facility borrowings. No employee headcount added disclosed. | |||||
| 1996-12-31 | acquisition_addition | completed | United States and Canada | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Twelve acquisitions completed and integrated during 1996 (March through December), adding approximately 6.9 million cubic feet of records under management, for an aggregate cash purchase price of $62.165 million per Note 13. Employee headcount added through these transactions is not disclosed; acquired staff are included in the 1,553 year-end total. | ||||||
| 1996-12-31 | acquisition_addition | completed | 1997-01 | United States | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Four acquisitions completed since January 1, 1997 (Wilmington DE, Tampa FL, Trenton NJ, West Palm Beach FL per the Item 1 acquisition table), totaling approximately 1.5 million cubic feet of records, for an aggregate cash purchase price of $18.5 million per MD&A. Headcount impact not disclosed; disclosed as a subsequent event in this fiscal 1996 10-K. | |||||
| 1996-12-31 | acquisition_addition | announced | 1997-02-27 | 1997-03-31 | United States | subsequent_events f5-10k / GLM-5.3-flash-HTML | Definitive agreement to acquire Records Management Services, Inc. (RMS), a Chicago, Illinois-based regional records management company, for approximately $62.0 million, to be financed through borrowings under the credit facility; subject to due diligence, Hart-Scott-Rodino clearance and other customary conditions. Purchase agreement contemplates closing on or before March 31, 1997, extendable pending HSR satisfaction (outer date April 30, 1997 absent HSR extension). Headcount impact not disclosed. | ||||
| 1996-12-31 | acquisition_addition | completed | United States and Canada | Records management operations | USD 62 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Twelve acquisitions completed during 1996 for aggregate cash purchase price of $62.165 million; headcount added not disclosed. Cubic feet acquired totaled approximately 6.9 million. | ||||
| 1996-12-31 | acquisition_addition | completed | United States | Records management operations | USD 19 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Four acquisitions completed since January 1, 1997 (subsequent to fiscal year-end) for aggregate cash purchase price of $18.5 million; approximately 1.5 million cubic feet acquired. Headcount added not disclosed. | ||||
| 1996-12-31 | acquisition_addition | announced | 1997-02-27 | 1997-03-31 | United States | Records management operations | USD 62 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed February 27, 1997 to acquire Records Management Services, Inc. for approximately $62.0 million, subject to due diligence and customary conditions. Headcount of target not disclosed. | ||
| 1996-09-30 | acquisition_addition | completed | Records management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Seven records management businesses purchased in the nine months ended 1996-09-30; no employee counts disclosed. Goodwill of $16,649 thousand assigned from 1996 purchase prices. | ||||||
| 1996-09-30 | acquisition_addition | announced | Records management | USD 31,511 (thousands) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Four records management businesses acquired after 1996-09-30 for $31,511 thousand; no employee counts disclosed. MD&A adds that $5.1 million was borrowed under the credit facility to help fund these acquisitions. |