XML 24 R31.htm IDEA: XBRL DOCUMENT v3.19.3
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2019
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, 2019:
(In thousands)
 
Harsco Environmental Segment
 
Harsco
Clean Earth Segment
 
Harsco Rail
Segment
 
Consolidated
Totals
Balance at December 31, 2018
 
$
391,687

 
$

 
$
13,026

 
$
404,713

Changes to goodwill (a)
 

 
328,215

 

 
328,215

Foreign currency translation
 
(7,822
)
 

 

 
(7,822
)
Balance at September 30, 2019
 
$
383,865

 
$
328,215

 
$
13,026

 
$
725,106

(a)
The changes to goodwill related to the acquisition of Clean Earth. See Note 3, Acquisitions and Dispositions, for additional information.

Schedule of intangible assets by class
Intangible assets, net on the Company's Condensed Consolidated Balance Sheets consist of the following:
 
 
September 30, 2019
 
December 31, 2018
(In thousands)
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Customer related
 
$
140,441

 
$
95,360

 
$
122,379

 
$
93,580

Permits
 
170,258

 
2,347

 

 

Technology related
 
33,919

 
4,411

 
35,831

 
2,681

Trade names
 
31,428

 
1,499

 
5,565

 
681

Air rights
 
26,139

 
140

 

 


Patents
 
240

 
160

 
2,598

 
2,503

Other
 
3,680

 
1,088

 
4,215

 
1,936

Total
 
$
406,105

 
$
105,005

 
$
170,588

 
$
101,381


Schedule of amortization expense
Amortization expense for intangible assets was as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30
 
September 30
(In thousands)
 
2019
 
2018
 
2019
 
2018
Amortization expense for intangible assets
 
$
5,668

 
$
1,943

 
$
9,508

 
$
3,969


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)
 
2019
 
2020
 
2021
 
2022
 
2023
Estimated amortization expense (b)
 
$
15,750

 
$
23,500

 
$
22,250

 
$
22,000

 
$
22,000


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