XML 38 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in carrying amounts of goodwill by segment
The following table reflects the changes in carrying amounts of goodwill by segment for the nine months ended September 30, 2017:
(In thousands)
 
Harsco Metals  & Minerals Segment
 
Harsco Industrial Segment
 
Harsco Rail
Segment
 
Consolidated
Totals
Balance at December 31, 2016
 
$
362,386

 
$
6,839

 
$
13,026

 
$
382,251

Foreign currency translation
 
17,665

 

 

 
17,665

Balance at September 30, 2017
 
$
380,051

 
$
6,839

 
$
13,026

 
$
399,916


Schedule of intangible assets by class
Intangible assets included in the caption, Intangible assets, net, on the Condensed Consolidated Balance Sheets consist of the following:
 
 
September 30, 2017
 
December 31, 2016
(In thousands)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Customer related
 
$
152,423

 
$
119,870

 
$
146,840

 
$
112,610

Patents
 
5,832

 
5,697

 
5,729

 
5,534

Technology related
 
26,151

 
26,151

 
25,687

 
25,634

Trade names
 
8,316

 
4,767

 
8,306

 
4,529

Other
 
8,805

 
5,702

 
8,512

 
5,200

Total
 
$
201,527

 
$
162,187

 
$
195,074

 
$
153,507

Schedule of amortization expense
Amortization expense for intangible assets was as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30
 
September 30
(In thousands)
 
2017
 
2016
 
2017
 
2016
Amortization expense for intangible assets
 
$
1,269

 
$
2,053

 
$
3,868

 
$
6,208

Schedule of estimated amortization expense
The estimated amortization expense for the next five fiscal years based on current intangible assets is as follows:
(In thousands)
 
2017
 
2018
 
2019
 
2020
 
2021
Estimated amortization expense (a)
 
$
5,000

 
$
4,750

 
$
4,500

 
$
4,250

 
$
4,000


(a) These estimated amortization expense amounts do not reflect the potential effect of future foreign currency exchange fluctuations.