Components of Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2023

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, 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	(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 Enviri Corporation	(110,299)			3,003			70,691			(20)		(36,625)
Balance at September 30, 2022	$	(245,188)		$	(21)		$	(351,557)		$	2	$	(596,764)

	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	1,902		(a)	3,671		(b)	(3,430)		(a)	2		2,145
Amounts reclassified from AOCI, net of tax	—			(547)			13,648			—		13,101
Total OCI	1,902			3,124			10,218			2		15,246
Less: OCI attributable to noncontrolling interests	2,056			—			—			—		2,056
OCI attributable to Enviri Corporation	3,958			3,124			10,218			2		17,302
Balance at September 30, 2023	$	(209,146)		$	3,281		$	(344,481)		$	12	$	(550,334)

(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
	2023		2022		2023		2022
Amortization of cash flow hedging instruments:
Foreign currency exchange forward contracts	$	(270)	$	(1,101)	$	1,007	$	(2,687)	Income (loss) from discontinued businesses
Interest rate swaps	(825)		1,073		(1,690)		3,184		Interest expense
Total before taxes	(1,095)		(28)		(683)		497
Income taxes	229		(108)		136		(465)
Total reclassification of cash flow hedging instruments, net of tax	$	(866)	$	(136)	$	(547)	$	32
Amortization of defined benefit pension items (c):
Actuarial losses	$	4,782	$	4,298	$	14,181	$	13,521	Defined benefit pension income (expense)
Prior service costs	115		107		344		340		Defined benefit pension income (expense)
Total before taxes	4,897		4,405		14,525		13,861
Income taxes	(292)		(313)		(877)		(938)
Total reclassification of defined benefit pension items, net of tax	$	4,605	$	4,092	$	13,648	$	12,923

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