v3.22.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues $ 1,817,154 $ 1,657,919 $ 3,551,601 $ 3,253,983
Costs and operating expenses:        
Cost of revenues 930,257 865,120 1,846,132 1,676,337
Sales and marketing 193,727 185,610 386,238 368,437
General and administrative 370,348 322,005 723,035 623,461
Transaction costs 5,063 6,985 9,303 8,167
(Gain) loss on asset sales (94) (455) 1,724 1,265
Total costs and operating expenses 1,499,301 1,379,265 2,966,432 2,677,667
Income from operations 317,853 278,654 585,169 576,316
Interest income 4,508 374 6,614 1,103
Interest expense (90,826) (87,231) (170,791) (176,912)
Other expense (6,238) (39,377) (15,787) (46,327)
Gain (loss) on debt extinguishment (420) (102,460) 109 (115,518)
Income before income taxes 224,877 49,960 405,314 238,662
Income tax (expense) benefit (8,635) 18,527 (41,379) (14,101)
Net income 216,242 68,487 363,935 224,561
Net (income) loss attributable to non-controlling interests 80 (148) (160) 140
Net income attributable to Equinix $ 216,322 $ 68,339 $ 363,775 $ 224,701
Earnings per share ("EPS") attributable to Equinix:        
Basic EPS (in dollars per share) $ 2.38 $ 0.76 $ 4.00 $ 2.51
Weighted-average shares for basic EPS (in shares) 91,036 89,648 90,904 89,490
Diluted EPS (in dollars per share) $ 2.37 $ 0.76 $ 3.99 $ 2.50
Weighted-average shares for diluted EPS (in shares) 91,262 90,104 91,213 90,024

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