Noncontrolling interests equity contributions

  
[Table of Contents](#i1d117440a79147f69db4408bc4f22334_10)Part IV

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IRON MOUNTAIN INCORPORATEDCONSOLIDATED STATEMENTS OF EQUITY(IN THOUSANDS, EXCEPT SHARE DATA)

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|   |  |  | IRON MOUNTAIN INCORPORATED STOCKHOLDERS’ EQUITY |  |  |  |  |  |
|   |  |  | COMMON STOCK |  | ADDITIONALPAID-INCAPITAL |  | EARNINGS INEXCESS OFDISTRIBUTIONS(DISTRIBUTIONS INEXCESS OFEARNINGS) |  | ACCUMULATEDOTHERCOMPREHENSIVEITEMS, NET |  | NONCONTROLLINGINTERESTS |  |  | REDEEMABLE NONCONTROLLING INTERESTS |
|   | TOTAL |  | SHARES |  | AMOUNTS |  |  |  |  |  |  |
| Balance, December 31, 2018 | $ | 1,862,463  |  |  | 286,321,009  |  |  | $ | 2,863  |  |  | $ | 4,263,348  |  |  | $ | (2,139,493) |  |  | $ | (265,664) |  |  | $ | 1,409  |  |  |  | $ | 70,532  |  |
| Cumulative-effect adjustment for adoption of ASC 842 | 5,781  |  |  | —  |  |  | —  |  |  | —  |  |  | 5,781  |  |  | —  |  |  | —  |  |  |  | —  |  |
| Issuance of shares under employee stock purchase plan and option plans and stock-based compensation | 36,682  |  |  | 978,636  |  |  | 10  |  |  | 36,672  |  |  | —  |  |  | —  |  |  | —  |  |  |  | —  |  |
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| Changes in equity related redeemable noncontrolling interests | (1,454) |  |  | —  |  |  | —  |  |  | (1,454) |  |  | —  |  |  | —  |  |  | —  |  |  |  | (3,136) |  |
| Parent cash dividends declared | (708,561) |  |  | —  |  |  | —  |  |  | —  |  |  | (708,561) |  |  | —  |  |  | —  |  |  |  | —  |  |
| Foreign currency translation adjustment | 11,866  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 11,866  |  |  | —  |  |  |  | 128  |  |
| Change in fair value of derivative instruments | (8,783) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | (8,783) |  |  | —  |  |  |  | —  |  |
| Net income (loss) | 266,233  |  |  | —  |  |  | —  |  |  | —  |  |  | 267,377  |  |  | —  |  |  | (1,144) |  |  |  | 2,082  |  |
| Noncontrolling interests dividends | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  |  | (1,924) |  |
| Balance, December 31, 2019 | 1,464,227  |  |  | 287,299,645  |  |  | 2,873  |  |  | 4,298,566  |  |  | (2,574,896) |  |  | (262,581) |  |  | 265  |  |  |  | 67,682  |  |
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| Issuance of shares under employee stock purchase plan and option plans and stock-based compensation | 37,995  |  |  | 973,404  |  |  | 10  |  |  | 37,985  |  |  | —  |  |  | —  |  |  | —  |  |  |  | —  |  |
| Changes in equity related redeemable noncontrolling interests  | 3,527  |  |  | —  |  |  | —  |  |  | 3,527  |  |  | —  |  |  | —  |  |  | —  |  |  |  | (4,924) |  |
| Parent cash dividends declared | (718,136) |  |  | —  |  |  | —  |  |  | —  |  |  | (718,136) |  |  | —  |  |  | —  |  |  |  | —  |  |
| Foreign currency translation adjustment | 46,748  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 46,635  |  |  | 113  |  |  |  | (969) |  |
| Change in fair value of derivative instruments | (39,947) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | (39,947) |  |  | —  |  |  |  | —  |  |
| Net income (loss) | 342,315  |  |  | —  |  |  | —  |  |  | —  |  |  | 342,693  |  |  | —  |  |  | (378) |  |  |  | 781  |  |
| Noncontrolling interests dividends | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  |  | (2,765) |  |
| Balance, December 31, 2020 | 1,136,729  |  |  | 288,273,049  |  |  | 2,883  |  |  | 4,340,078  |  |  | (2,950,339) |  |  | (255,893) |  |  | —  |  |  |  | 59,805  |  |
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| Issuance of shares under employee stock purchase plan and option plans and stock-based compensation | 84,004  |  |  | 1,484,012  |  |  | 15  |  |  | 83,989  |  |  | —  |  |  | —  |  |  | —  |  |  |  | —  |  |
| Changes in equity related redeemable noncontrolling interests | (11,514) |  |  | —  |  |  | —  |  |  | (11,514) |  |  | —  |  |  | —  |  |  | —  |  |  |  | 11,682  |  |
| Parent cash dividends declared | (721,032) |  |  | —  |  |  | —  |  |  | —  |  |  | (721,032) |  |  | —  |  |  | —  |  |  |  | —  |  |
| Foreign currency translation adjustment | (135,165) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | (134,834) |  |  | (331) |  |  |  | (1,245) |  |
| Change in fair value of derivative instruments | 52,380  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 52,380  |  |  | —  |  |  |  | —  |  |
| Net income (loss) | 450,355  |  |  | —  |  |  | —  |  |  | —  |  |  | 450,219  |  |  | —  |  |  | 136  |  |  |  | 2,370  |  |
| Noncontrolling interests equity contributions | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  |  | 2,200  |  |
| Noncontrolling interests dividends | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  |  | (2,450) |  |
| Purchase of noncontrolling interests | 1,311  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 1,311  |  |  |  | 2,567  |  |
| Redemption of noncontrolling interests | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  |  | (2,518) |  |
| Balance, December 31, 2021 | $ | 857,068  |  |  | 289,757,061  |  |  | $ | 2,898  |  |  | $ | 4,412,553  |  |  | $ | (3,221,152) |  |  | $ | (338,347) |  |  | $ | 1,116  |  |  |  | $ | 72,411  |  |

The accompanying notes are an integral part of these consolidated financial statements.

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|  | IRON MOUNTAIN 2021 FORM 10-K | 72 |


