XML 47 R36.htm IDEA: XBRL DOCUMENT v3.19.2
Review of Operations by Segment (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of operations by segment
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30
 
June 30
(In thousands)
 
2019
 
2018
 
2019
 
2018
Revenues From Continuing Operations (a)
 
 

 
 

 
 
 
 
Harsco Environmental
 
$
269,338

 
$
272,320

 
$
530,650

 
$
537,043

Harsco Clean Earth
 

 

 

 

Harsco Rail
 
81,560

 
67,552

 
150,150

 
127,230

Corporate
 


35

 

 
74

Total Revenues From Continuing Operations
 
$
350,898

 
$
339,907

 
$
680,800

 
$
664,347

Operating Income (Loss) From Continuing Operations (a)
Harsco Environmental
 
$
27,577

 
$
35,661

 
$
52,074

 
$
63,396

Harsco Clean Earth
 

 

 

 

Harsco Rail
 
9,443

 
8,618

 
14,832

 
10,570

Corporate
 
(19,221
)
 
(6,215
)
 
(29,283
)
 
(13,174
)
Total Operating Income From Continuing Operations
 
$
17,799

 
$
38,064

 
$
37,623

 
$
60,792

Depreciation and Amortization (a)
 
 
 
 
 
 
 
 
Harsco Environmental
 
$
28,497

 
$
28,632

 
$
57,202

 
$
57,717

Harsco Clean Earth
 

 

 

 

Harsco Rail
 
1,209

 
1,039

 
2,376

 
2,103

Corporate
 
1,417

 
1,665

 
2,769

 
3,014

Total Depreciation and Amortization
 
$
31,123

 
$
31,336

 
$
62,347

 
$
62,834

Capital Expenditures (a)
 
 
 
 
 
 
 
 
Harsco Environmental
 
$
45,095

 
$
24,423

 
$
74,258

 
$
49,599

Harsco Clean Earth
 

 

 

 

Harsco Rail
 
6,365

 
2,088

 
10,281

 
2,518

Corporate
 
287

 
172

 
1,440

 
376

Total Capital Expenditures
 
$
51,747

 
$
26,683

 
$
85,979

 
$
52,493


(a)
The Company's acquisition of Clean Earth closed on June 28, 2019. Revenues and operating income for the three and six months ended June 30, 2019 for the Harsco Clean Earth Segment are immaterial. The operating results of the former Harsco Industrial Segment has been reflected as discontinued operations in the Company's Condensed Consolidated Statement of Operations for all periods presented. See Note 3, Acquisitions and Dispositions, for additional details.
Reconciliation of segment operating income to income from continuing operations before income taxes and equity income
Reconciliation of Segment Operating Income to Income From Continuing Operations Before Income Taxes and Equity Income
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30
 
June 30
(In thousands)
 
2019
 
2018
 
2019
 
2018
Segment operating income
 
$
37,020

 
$
44,279

 
$
66,906

 
$
73,966

General Corporate expense
 
(19,221
)
 
(6,215
)
 
(29,283
)

(13,174
)
Operating income from continuing operations
 
17,799

 
38,064

 
37,623

 
60,792

Interest income
 
591

 
577

 
1,124

 
1,070

Interest expense
 
(6,103
)
 
(5,681
)
 
(11,610
)
 
(11,271
)
Unused debt commitment and amendment fees
 
(7,435
)
 

 
(7,435
)
 

Loss on early extinguishment of debt
 

 
(1,034
)
 

 
(1,034
)
Defined benefit pension income (expense)
 
(1,472
)
 
904

 
(2,810
)
 
1,743

Income from continuing operations before income taxes and equity income
 
$
3,380

 
$
32,830

 
$
16,892

 
$
51,300