XML 33 R20.htm IDEA: XBRL DOCUMENT v3.5.0.2
Review of Operations by Segment
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Review of Operations by Segment
Review of Operations by Segment 
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30
 
June 30
(In thousands)
 
2016
 
2015
 
2016
 
2015
Revenues From Continuing Operations
 
 

 
 

 
 
 
 
Harsco Metals & Minerals
 
$
253,560

 
$
294,336

 
$
483,232

 
$
585,534

Harsco Industrial
 
66,270

 
91,881

 
128,139

 
190,684

Harsco Rail
 
50,103

 
69,530

 
111,843

 
131,108

Total revenues from continuing operations
 
$
369,933

 
$
455,747

 
$
723,214

 
$
907,326

 
 
 
 
 
 
 
 
 
Operating Income (Loss) From Continuing Operations
Harsco Metals & Minerals
 
$
30,927

 
$
18,599

 
$
37,868

 
$
29,182

Harsco Industrial
 
7,300

 
14,419

 
13,771

 
31,446

Harsco Rail
 
(31,948
)
 
11,400

 
(27,042
)
 
33,033

Corporate
 
(4,965
)
 
(8,689
)
 
(13,852
)
 
(19,051
)
Total operating income from continuing operations
 
$
1,314

 
$
35,729

 
$
10,745

 
$
74,610

 
 
 
 
 
 
 
 
 
Depreciation and Amortization
 
 
 
 
 
 
 
 
Harsco Metals & Minerals
 
$
30,662

 
$
34,841

 
$
61,687

 
$
69,732

Harsco Industrial
 
1,850

 
1,365

 
3,568

 
2,652

Harsco Rail
 
1,361

 
1,638

 
2,795

 
3,194

Corporate
 
1,744

 
1,845

 
3,612

 
4,002

Total Depreciation and Amortization
 
$
35,617

 
$
39,689

 
$
71,662

 
$
79,580

 
 
 
 
 
 
 
 
 
Capital Expenditures
 
 
 
 
 
 
 
 
Harsco Metals & Minerals
 
$
13,305

 
$
27,715

 
$
28,725

 
$
49,543

Harsco Industrial
 
1,162

 
1,584

 
2,296

 
8,805

Harsco Rail
 
767

 
688

 
1,139

 
1,225

Corporate
 
(9
)
 
1,629

 
16

 
3,673

Total Capital Expenditures
 
$
15,225

 
$
31,616

 
$
32,176

 
$
63,246


Reconciliation of Segment Operating Income to Income (Loss) From Continuing Operations Before Income Taxes and Equity Income (Loss)
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30
 
June 30
(In thousands)
 
2016
 
2015
 
2016
 
2015
Segment operating income
 
$
6,279

 
$
44,418

 
$
24,597

 
$
93,661

General Corporate expense
 
(4,965
)
 
(8,689
)
 
(13,852
)

(19,051
)
Operating income from continuing operations
 
1,314

 
35,729

 
10,745

 
74,610

Interest income
 
552

 
431

 
1,087

 
687

Interest expense
 
(13,805
)
 
(11,818
)
 
(26,168
)
 
(23,702
)
Change in fair value to the unit adjustment liability and loss on dilution of equity method investment
 
(1,489
)
 
(2,164
)
 
(13,706
)
 
(4,409
)
Income (loss) from continuing operations before income taxes and equity income (loss)
 
$
(13,428
)
 
$
22,178

 
$
(28,042
)
 
$
47,186