Components of Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Components of Accumulated Other Comprehensive Loss

Components of Accumulated Other Comprehensive Loss

AOCI is included on the Condensed Consolidated Statements of Stockholders' Equity. The components of AOCI, net of the effect of income taxes, and activity for the nine months ended September 30, 2021 and 2022 was as follows:

	Components of AOCI, 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, 2020	$	(125,392)		$	(5,840)		$	(514,500)		$	(9)	$	(645,741)
OCI before reclassifications	(15,437)		(a)	257		(b)	6,628		(a)	25		(8,527)
Amounts reclassified from AOCI, net of tax	—			1,488			17,184			—		18,672
Total OCI	(15,437)			1,745			23,812			25		10,145
Less: OCI attributable to noncontrolling interests	(837)			—			—			—		(837)
OCI attributable to Harsco Corporation	(14,600)			1,745			23,812			25		10,982
Balance at September 30, 2021	$	(139,992)		$	(4,095)		$	(490,688)		$	16	$	(634,759)

	Components of AOCI, 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, 2021	$	(134,889)		$	(3,024)		$	(422,248)		$	22	$	(560,139)
OCI before reclassifications	(116,407)		(a)	2,971		(b)	57,768		(a)	(20)		(55,688)
Amounts reclassified from AOCI, net of tax	—			32			12,923			—		12,955
Total OCI	(116,407)			3,003			70,691			(20)		(42,733)
Less: OCI attributable to noncontrolling interests	(6,108)			—			—			—		(6,108)
OCI attributable to Harsco Corporation	(110,299)			3,003			70,691			(20)		(36,625)
Balance at September 30, 2022	$	(245,188)		$	(21)		$	(351,557)		$	2	$	(596,764)

(a)    Principally foreign currency fluctuation.

(b)     Net change from periodic revaluations.

Amounts reclassified from AOCI were as follows:

(In thousands)	Three Months Ended				Nine Months Ended				Location on the Condensed Consolidated Statements of Operations
	September 30				September 30
	2022		2021		2022		2021
Amortization of cash flow hedging instruments:
Foreign currency exchange forward contracts	$	(1,101)	$	(418)	$	(2,687)	$	(465)	Income (loss) from discontinued businesses
Interest rate swaps	1,073		872		3,184		2,599		Interest expense
Total before taxes	(28)		454		497		2,134
Income taxes	(108)		(148)		(465)		(646)
Total reclassification of cash flow hedging instruments, net of tax	$	(136)	$	306	$	32	$	1,488
Amortization of defined benefit pension items (c):
Actuarial losses	$	4,298	$	5,922	$	13,521	$	17,877	Defined benefit pension income
Prior service costs	107		125		340		381		Defined benefit pension income
Total before taxes	4,405		6,047		13,861		18,258
Income taxes	(313)		(358)		(938)		(1,074)
Total reclassification of defined benefit pension items, net of tax	$	4,092	$	5,689	$	12,923	$	17,184

(c)    These AOCI components are included in the computation of net periodic pension costs. See Note 10, Employee Benefit Plans, for additional details.