| Schedule of Accumulated Other Comprehensive Income (Loss) |
The components of Accumulated other comprehensive loss, net of the effect of income taxes, and activity for the six months ended June 30, 2015 and 2016 was as follows: | | | | | | | | | | | | | | | | | | | | | | | | Components of Accumulated Other Comprehensive Income (Loss) - Net of Tax | (In thousands) | | Cumulative Foreign Exchange Translation Adjustments | | Effective Portion of Derivatives Designated as Hedging Instruments | | Cumulative Unrecognized Actuarial Losses on Pension Obligations | | Unrealized Loss on Marketable Securities | | Total | Balance at December 31, 2014 | | $ | (39,938 | ) | | $ | (9,025 | ) | | $ | (483,278 | ) | | $ | (15 | ) | | $ | (532,256 | ) | Other comprehensive income (loss) before reclassifications | | (23,957 | ) | (a) | 6,681 |
| (b) | (2,493 | ) | (a) | (4 | ) | | (19,773 | ) | Realized (gains) losses reclassified from accumulated other comprehensive loss, net of tax | | — |
| | (2 | ) | | 10,114 |
| | — |
| | 10,112 |
| Other comprehensive income (loss) from equity method investee | | (13,860 | ) | | (798 | ) | | 595 |
| | — |
| | (14,063 | ) | Total other comprehensive income (loss) | | (37,817 | ) | | 5,881 |
| | 8,216 |
| | (4 | ) | | (23,724 | ) | Less: Other comprehensive loss attributable to noncontrolling interests | | 1,091 |
| | 14 |
| | — |
| | — |
| | 1,105 |
| Other comprehensive income (loss) attributable to Harsco Corporation | | (36,726 | ) | | 5,895 |
| | 8,216 |
| | (4 | ) | | (22,619 | ) | Balance at June 30, 2015 | | $ | (76,664 | ) | | $ | (3,130 | ) | | $ | (475,062 | ) | | $ | (19 | ) | | $ | (554,875 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | Components of Accumulated Other Comprehensive Income (Loss) - Net of Tax | (In thousands) | | Cumulative Foreign Exchange Translation Adjustments | | Effective Portion of Derivatives Designated as Hedging Instruments | | Cumulative Unrecognized Actuarial Losses on Pension Obligations | | Unrealized Loss on Marketable Securities | | Total | Balance at December 31, 2015 | | $ | (125,561 | ) | | $ | (400 | ) | | $ | (389,696 | ) | | $ | (31 | ) | | $ | (515,688 | ) | Other comprehensive income (loss) before reclassifications | | (9,502 | ) | (a) | (2,133 | ) | (b) | 23,873 |
| (a) | (3 | ) | | 12,235 |
| Realized (gains) losses reclassified from accumulated other comprehensive loss, net of tax | | — |
| | (258 | ) | | 8,190 |
| | — |
| | 7,932 |
| Realized (gains) losses reclassified from accumulated other comprehensive loss in connection with loss on dilution of equity method investment (See Note 4, Equity Method Investments) | | 3,079 |
| | 106 |
| | (148 | ) | | — |
| | 3,037 |
| Other comprehensive income (loss) from equity method investee | | 3,650 |
| | (266 | ) | | 380 |
| | — |
| | 3,764 |
| Total other comprehensive income (loss) | | (2,773 | ) | | (2,551 | ) | | 32,295 |
| | (3 | ) | | 26,968 |
| Less: Other comprehensive (income) loss attributable to noncontrolling interests | | 425 |
| | (7 | ) | | — |
| | — |
| | 418 |
| Other comprehensive income (loss) attributable to Harsco Corporation | | (2,348 | ) | | (2,558 | ) | | 32,295 |
| | (3 | ) | | 27,386 |
| Balance at June 30, 2016 | | $ | (127,909 | ) | | $ | (2,958 | ) | | $ | (357,401 | ) | | $ | (34 | ) | | $ | (488,302 | ) |
| | (a) | Principally foreign currency fluctuation. |
| | (b) | Net change from periodic revaluations. |
|
| Reclassification out of Accumulated Other Comprehensive Income |
Realized (gains) losses reclassified from accumulated other comprehensive loss are as follows: | | | | | | | | | | | | | | | | | | | | (In thousands) | | Three Months Ended | | Six Months Ended | | Affected Caption in the Condensed Consolidated Statements of Operations | | June 30
2016 | | June 30
2015 | | June 30
2016 | | June 30
2015 | Amortization of cash flow hedging instruments: | Foreign currency exchange forward contracts | | $ | — |
| | $ | — |
| | $ | (408 | ) | | $ | — |
| | Product revenues | Foreign currency exchange forward contracts | | (1 | ) | | (1 | ) | | (1 | ) | | (2 | ) | | Cost of services and products sold | Tax expense | | — |
| | — |
| | 151 |
| | — |
| | | Total reclassification of cash flow hedging instruments, net of tax | | $ | (1 | ) | | $ | (1 | ) | | $ | (258 | ) | | $ | (2 | ) | | | | | | | | | | | | | | Amortization of defined benefit pension items: | Actuarial losses (c) | | $ | 2,285 |
| | $ | 3,995 |
| | $ | 4,661 |
| | $ | 7,942 |
| | Selling, general and administrative expenses | Actuarial losses (c) | | 2,229 |
| | 1,456 |
| | 4,443 |
| | 2,974 |
| | Cost of services and products sold | Prior-service costs (benefits) (c) | | (3 | ) | | 31 |
| | (4 | ) | | 62 |
| | Selling, general and administrative expenses | Prior-service costs (c) | | 63 |
| | 37 |
| | 124 |
| | 75 |
| | Cost of services and products sold | Total before tax | | 4,574 |
| | 5,519 |
| | 9,224 |
| | 11,053 |
| | | Tax benefit | | (517 | ) | | (469 | ) | | (1,034 | ) | | (939 | ) | | | Total reclassification of defined benefit pension items, net of tax | | $ | 4,057 |
| | $ | 5,050 |
| | $ | 8,190 |
| | $ | 10,114 |
| | |
(c) These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See Note 7, Employee Benefit Plans, for additional details. |