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Components of Accumulated Other Comprehensive Loss
 3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss Components of Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss is included on the Company's Condensed Consolidated Statements of Equity. The components of Accumulated other comprehensive loss, net of the effect of income taxes, and activity for the three months ended March 31, 2019 and 2020 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 Gain (Loss) on Marketable Securities
 
Total
Balance at December 31, 2018
 
$
(159,810
)
 
$
1,389

 
$
(408,655
)
 
$
(31
)
 
$
(567,107
)
Adoption of new accounting standard
 
—

 
—

 
(21,429
)
(a)
—

 
(21,429
)
Other comprehensive income (loss) before reclassifications
 
11,725

(b)
(3,084
)
(c)
(6,573
)
(b)
15

 
2,083

Amounts reclassified from accumulated other comprehensive loss, net of tax
 
(2,271
)
 
(63
)
 
4,782

 
—

 
2,448

Total other comprehensive income (loss)
 
9,454

 
(3,147
)
 
(1,791
)
 
15

 
4,531

Other comprehensive income attributable to noncontrolling interests
 
(420
)
 
—

 
—

 
—

 
(420
)
Other comprehensive income (loss) attributable to Harsco Corporation
 
9,034

 
(3,147
)
 
(1,791
)
 
15

 
4,111

Balance at March 31, 2019
 
$
(150,776
)
 
$
(1,758
)
 
$
(431,875
)
 
$
(16
)
 
$
(584,425
)
 
 
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 Gain (Loss) on Marketable Securities
 
Total
Balance at December 31, 2019
 
$
(143,340
)
 
$
(3,717
)
 
$
(440,562
)
 
$
(3
)
 
$
(587,622
)
Other comprehensive income (loss) before reclassifications
 
(71,472
)
(b)
(1,042
)
(c)
21,429

(b)
(18
)
 
(51,103
)
Amounts reclassified from accumulated other comprehensive loss, net of tax
 
12,906

 
(645
)
 
8,840

 
—

 
21,101

Total other comprehensive income (loss)
 
(58,566
)
 
(1,687
)
 
30,269

 
(18
)
 
(30,002
)
Other comprehensive income attributable to noncontrolling interests
 
1,148

 
—

 
—

 
—

 
1,148

Other comprehensive income (loss) attributable to Harsco Corporation
 
(57,418
)
 
(1,687
)
 
30,269

 
(18
)
 
(28,854
)
Balance at March 31, 2020
 
$
(200,758
)
 
$
(5,404
)
 
$
(410,293
)
 
$
(21
)
 
$
(616,476
)
(a)
Represents the adoption of the new accounting standard on January 1, 2019 related to stranded tax effects from the Tax Cuts and Jobs Act.
(b)
Principally foreign currency fluctuation.
(c)
Net change from periodic revaluations.


















Amounts reclassified from Accumulated other comprehensive loss are as follows:
(In thousands)
 
Three Months Ended
 
Affected Caption on the Company's Condensed Consolidated Statements of Operations
 
March 31
2020
 
March 31
2019
Recognition of cumulative foreign currency translation adjustments:
Gain on substantial liquidation of subsidiaries (d)
 
$
—

 
$
(2,271
)
 
Other expenses, net
Loss on substantial liquidation of subsidiaries (d)
 
12,906

 
—

 
Gain on sale of discontinued business
Amortization of cash flow hedging instruments:
Foreign currency exchange forward contracts
 
$
(1,404
)
 
$
(32
)
 
Product revenues
Cross-currency interest rate swaps
 
305

 
314

 
Interest expense
Interest rate swaps
 
378

 
(301
)
 
Interest expense
Total before tax
 
(721
)
 
(19
)
 
 
Tax expense
 
76

 
(44
)
 
 
Total reclassification of cash flow hedging instruments, net of tax
 
$
(645
)
 
$
(63
)
 
 
Amortization of defined benefit pension items (e):
Recognized losses
 
$
5,080

 
$
5,058

 
Defined benefit pension income (expense)
Recognized prior-service costs
 
107

 
66

 
Defined benefit pension income (expense)
Pension liability transfer - discontinued business
 
5,363

 
—

 
Gain on sale of discontinued business
Total before tax
 
10,550

 
5,124

 
 
Tax benefit
 
(1,710
)
 
(342
)
 
 
Total reclassification of defined benefit pension items, net of tax
 
$
8,840

 
$
4,782

 
 

(d)
No tax impact.
(e)
These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See Note 10, Employee Benefit Plans, for additional details.