Components of Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Schedule of accumulated other comprehensive loss

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.

Reclassification out of accumulated other comprehensive income

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.