Dispositions (Tables)

9 Months Ended

Sep. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

Balance sheet positions and financial information included in net income from discontinued operations and statements of cash flows

The former Harsco Rail Segment's balance sheet positions as of September 30, 2023 and December 31, 2022 are presented as Assets held-for-sale and Liabilities of assets held-for-sale in the Condensed Consolidated Balance Sheets and are summarized as follows:

(in thousands)	September 30 2023		December 31 2022
Trade accounts receivable, net	$	56,229	$	41,049
Other receivables	7,750		4,037
Inventories	110,293		105,256
Current portion of contract assets	59,145		84,848
Other current assets	35,382		30,950
Property, plant and equipment, net	44,576		41,004
Right-of-use assets, net	6,579		5,635
Goodwill	13,026		13,026
Intangible assets, net	2,541		2,746
Deferred income tax assets	732		6,887
Noncurrent portion of contract assets	21,657		—
Other assets	874		807
Total Rail assets included in Assets held-for-sale	$	358,784	$	336,245
Accounts payable	$	46,559	$	49,083
Accrued compensation	5,633		1,211
Current portion of operating lease liabilities	3,126		2,635
Current portion of advances on contracts	25,406		45,037
Other current liabilities	58,493		61,039
Operating lease liabilities	3,393		3,121
Deferred tax liabilities	505		5,480
Other liabilities	504		861
Total Rail liabilities included in Liabilities of assets held-for-sale	$	143,619	$	168,467

The results of the former Harsco Rail Segment are presented as discontinued operations and, as such, have been excluded from both continuing operations and segment results for the nine months ended September 30, 2023 and 2022. Certain key selected financial information included in Income (loss) from discontinued operations, net of tax, for the former Harsco Rail Segment is as follows:

	Three Months Ended				Nine Months Ended
	September 30				September 30
(In thousands)	2023		2022		2023		2022
Amounts directly attributable to the former Harsco Rail Segment:
Service revenues	$	17,806	$	8,629	$	36,291	$	22,827
Product revenues (a)	54,574		60,414		189,989		169,891
Cost of services sold	11,425		6,205		24,341		14,729
Cost of products sold (a)	50,760		49,049		157,265		174,143
Income (loss) from discontinued businesses	(720)		3,964		11,346		(26,768)
Additional amounts allocated to the former Harsco Rail Segment:
Selling, general and administrative expenses (b)	$	1,057	$	376	$	2,128	$	3,887

(a) Changes in product revenues and cost of products sold for 2023 compared with 2022 reflect, in part, estimated forward loss provisions and adjustments on certain long-term contracts, as discussed below.

(b) The Company includes costs to sell the Rail business in the caption Income (loss) from discontinued businesses on the Condensed Consolidated Statements of Operations.

The following is selected financial information included on the Condensed Consolidated Statements of Cash Flows attributable to the former Harsco Rail Segment:

	Nine Months Ended September 30
(In thousands)	2023		2022
Cash flows from investing activities
Purchases of property, plant and equipment	$	1,515	$	1,494