Components of Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of accumulated other comprehensive loss

The components of AOCI, net of the effect of income taxes, and activity for the six months ended June 30, 2022 and 2023 were 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, 2021	$	(134,889)		$	(3,024)		$	(422,248)		$	22	$	(560,139)
OCI before reclassifications	(61,493)		(a)	1,692		(b)	33,697		(a)	(13)		(26,117)
Amounts reclassified from AOCI, net of tax	—			168			8,831			—		8,999
Total OCI	(61,493)			1,860			42,528			(13)		(17,118)
Less: OCI attributable to noncontrolling interests	3,385			—			—			—		3,385
OCI attributable to Enviri Corporation	(58,108)			1,860			42,528			(13)		(13,733)
Balance at June 30, 2022	$	(192,997)		$	(1,164)		$	(379,720)		$	9	$	(573,872)

	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, 2022	$	(213,104)		$	157		$	(354,699)		$	10	$	(567,636)
OCI before reclassifications	23,035		(a)	1,554		(b)	(12,405)		(a)	6		12,190
Amounts reclassified from AOCI, net of tax	—			320			9,043			—		9,363
Total OCI	23,035			1,874			(3,362)			6		21,553
Less: OCI attributable to noncontrolling interests	1,477			—			—			—		1,477
OCI attributable to Enviri Corporation	24,512			1,874			(3,362)			6		23,030
Balance at June 30, 2023	$	(188,592)		$	2,031		$	(358,061)		$	16	$	(544,606)

(a)    Principally foreign currency fluctuation.

(b)     Net change from periodic revaluations.

Reclassification out of accumulated other comprehensive income

Amounts reclassified from AOCI were as follows:

(In thousands)	Three Months Ended				Six Months Ended				Location on the Condensed Consolidated Statements of Operations
	June 30				June 30
	2023		2022		2023		2022
Amortization of cash flow hedging instruments:
Foreign currency exchange forward contracts	$	866	$	(998)	$	1,277	$	(1,586)	Income (loss) from discontinued businesses
Interest rate swaps	(617)		1,061		(865)		2,111		Interest expense
Total before taxes	249		63		412		525
Income taxes	(53)		(233)		(92)		(357)
Total reclassification of cash flow hedging instruments, net of tax	$	196	$	(170)	$	320	$	168
Amortization of defined benefit pension items (c):
Actuarial losses	$	4,729	$	4,496	$	9,399	$	9,223	Defined benefit pension income (expense)
Prior service costs	115		113		229		233		Defined benefit pension income (expense)
Total before taxes	4,844		4,609		9,628		9,456
Income taxes	(293)		(312)		(585)		(625)
Total reclassification of defined benefit pension items, net of tax	$	4,551	$	4,297	$	9,043	$	8,831

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