The cumulative effect of the changes made to the Condensed Consolidated Balance Sheet at January 1, 2018 was as follows:



(In thousands)	Balance at December 31, 2017			Impact of Adoption			Balance at January 1, 2018
ASSETS
Current assets:
Trade accounts receivable, net	$	288,034		$	532		$	288,566
Inventories	178,293			(59,793		)	118,500
Current portion of contract assets	—			18,248			18,248
Other current assets	39,332			179			39,511
Total current assets	592,092			(40,834		)	551,258
Contract assets	—			3,566			3,566
Other assets	15,263			1,337			16,600
Total assets	1,578,685			(35,931		)	1,542,754
LIABILITIES
Current liabilities:
Current portion of advances on contracts	117,958			(78,507		)	39,451
Other current liabilities	133,368			13,995			147,363
Total current liabilities	474,128			(64,512		)	409,616
Advances on contracts	—			24,564			24,564
Other liabilities	40,846			1,580			42,426
Total liabilities	1,363,520			(38,368		)	1,325,152
HARSCO CORPORATION STOCKHOLDERS' EQUITY
Accumulated other comprehensive loss	(546,582		)	(1,520		)	(548,102		)
Retained earnings	1,157,801			3,957			1,161,758
Total Harsco Corporation stockholders' equity	170,451			2,437			172,888
Total equity	215,165			2,437			217,602
Total liabilities and equity	1,578,685			(35,931		)	1,542,754

The impact of modifying the Company's Condensed Consolidated Balance Sheet at June 30, 2018 is as follows:



	June 30, 2018
(In thousands)	As Reported		Impact of Adoption			As Reported - Less Impact of Adoption
ASSETS
Current assets:
Trade accounts receivable, net	$	295,390	$	271		$	295,661
Inventories	130,871		78,533			209,404
Current portion of contract assets	18,798		(18,798		)	—
Other current assets	44,562		(174		)	44,388
Total current assets	584,057		59,832			643,889
Contract assets	3,566		(3,566		)	—
Deferred income tax assets	42,387		959			43,346
Other assets	19,394		(1,231		)	18,163
Total assets	1,611,412		55,994			1,667,406



	June 30, 2018
(In thousands)	As Reported		Impact of Adoption		As Reported - Less Impact of Adoption
LIABILITIES
Current liabilities:
Current portion of advances on contracts	39,559		79,991		119,550
Other current liabilities	130,577		(8,727	)	121,850
Total current liabilities	381,306		71,264		452,570
Advances on contracts	13,493		(13,493	)	—
Other liabilities	48,821		(301	)	48,520
Total liabilities	1,345,259		57,470		1,402,729
HARSCO CORPORATION STOCKHOLDERS' EQUITY
Accumulated other comprehensive loss	(557,889	)	1,623		(556,266	)
Retained earnings	1,219,992		(3,079	)	1,216,913
Total Harsco Corporation stockholders' equity	223,732		(1,456	)	222,276
Noncontrolling interests	42,421		(20	)	42,401
Total equity	266,153		(1,476	)	264,677
Total liabilities and equity	1,611,412		55,994		1,667,406

The impact of modifying the Company's Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2018 are as follows:



	Three Months Ended
	June 30, 2018
(In thousands, except per share amounts)	As Reported			Impact of Adoption			As Reported - Less Impact of Adoption
Revenues from continuing operations:
Services revenues	$	257,963		$	2,321		$	260,284
Product revenues	174,009			(8,406		)	165,603
Total revenues	431,972			(6,085		)	425,887
Costs and expenses from continuing operations:
Costs of services sold	195,906			1,349			197,255
Costs of products sold	122,976			(8,182		)	114,794
Selling, general and administrative costs	58,927			21			58,948
Total costs and expenses	378,347			(6,812		)	371,535
Operating income from continuing operations	53,625			727			54,352
Interest expense	(9,993		)	451			(9,542		)
Income from continuing operations before income taxes	44,079			1,178			45,257
Income tax expense	(1,944		)	12			(1,932		)
Income from continuing operations	42,135			1,190			43,325
Net income	42,711			1,190			43,901
Less: Net income attributable to noncontrolling interests	(2,222		)	2			(2,220		)
Net income attributable to Harsco Corporation	40,489			1,192			41,681
Amounts attributable to Harsco Corporation common stockholders:
Income from continuing operations, net of tax	39,913			1,192			41,105
Net income attributable to Harsco Corporation common stockholders	40,489			1,192			41,681
Basic earnings per share attributable to Harsco Corporation common stockholders:
Continuing operations	0.49			0.01			0.50
Basic earnings per share attributable to Harsco Corporation common stockholders	0.50			0.01			0.51
Diluted earnings per share attributable to Harsco Corporation common stockholders:
Continuing operations	0.48			0.01			0.49
Diluted earnings per share attributable to Harsco Corporation common stockholders	0.48			0.01			0.49



	Six Months Ended
	June 30, 2018
(In thousands, except per share amounts)	As Reported			Impact of Adoption			As Reported - Less Impact of Adoption
Revenues from continuing operations:
Services revenues	$	512,925		$	3,671		$	516,596
Product revenues	327,085			(18,858		)	308,227
Total revenues	840,010			(15,187		)	824,823
Costs and expenses from continuing operations:
Costs of services sold	395,279			2,707			397,986
Costs of products sold	234,956			(18,112		)	216,844
Selling, general and administrative costs	116,010			37			116,047
Total costs and expenses	749,844			(15,368		)	734,476
Operating income from continuing operations	90,166			181			90,347
Interest expense	(19,576		)	903			(18,673		)
Income from continuing operations before income taxes	72,374			1,084			73,458
Income tax expense	(10,210		)	4			(10,206		)
Income from continuing operations	62,164			1,088			63,252
Net income	62,288			1,088			63,376
Less: Net income attributable to noncontrolling interests	(3,991		)	2			(3,989		)
Net income attributable to Harsco Corporation	58,297			1,090			59,387
Amounts attributable to Harsco Corporation common stockholders:
Income from continuing operations, net of tax	58,173			1,090			59,263
Net income attributable to Harsco Corporation common stockholders	58,297			1,090			59,387
Basic earnings per share attributable to Harsco Corporation common stockholders:
Continuing operations	0.72			0.01			0.73
Basic earnings per share attributable to Harsco Corporation common stockholders	0.72			0.01			0.73
Diluted earnings per share attributable to Harsco Corporation common stockholders:
Continuing operations	0.70			0.01			0.71
Diluted earnings per share attributable to Harsco Corporation common stockholders	0.70			0.01			0.71

The impact of modifying the Company's Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2018 is as follows:



	Six Months Ended June 30, 2018
(In thousands)	As Reported			Impact of Adoption			As Reported - Less Impact of Adoption
Cash flows from operating activities:
Net income	$	62,288		$	1,088		$	63,376
Adjustments to reconcile net income to net cash used by operating activities:
Deferred income tax expense (benefit)	340			(4		)	336
Changes in assets and liabilities:
Accounts receivable	(21,445		)	(797		)	(22,242		)
Inventories	(11,175		)	(22,661		)	(33,836		)
Contract assets	(1,393		)	1,393			—
Advances on contracts	(13,116		)	15,966			2,850
Other assets and liabilities	(11,334		)	5,015			(6,319		)
Net cash used by operating activities	46,699			—			46,699