Information by Segment and Geographic Area

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Information by Segment and Geographic Area

Information by Segment and Geographic Area

The Company reports information about operating segments using the "management approach," which is based on the way management organizes and reports the segments within the enterprise for making operating decisions and assessing performance. The Company's reportable segments are identified based upon differences in products, services and markets served. In 2023, the Company had two reportable segments. These segments and the types of products and services offered include the following:

Harsco Environmental

HE provides environmental services and material processing to the global steel and metals industries. HE partners with its global customer base to deliver production-critical on-site operational support and resource recovery services, through management of its customers’ primary waste or byproduct streams. HE's services support the metal manufacturing process, generating significant operational and financial efficiencies for its customers and allowing them to focus on their core steelmaking businesses. In addition, HE creates value-added downstream products from industrial waste streams.

Clean Earth

CE is one of the largest specialty waste processing companies in the U.S., providing processing and beneficial reuse solutions for hazardous wastes, and soil and dredged materials.

Other Information

The measurement basis of segment profit or loss is operating income. There are no significant inter-segment sales. Corporate assets, at December 31, 2023 and 2022, include principally cash, prepaid taxes, fair value of derivative instruments and U.S. deferred income taxes. Countries with revenues from unaffiliated customers or net PP&E of ten percent or more of the consolidated totals (in at least one period presented) are as follows:

Information by Geographic Area (a)

	Revenues from Unaffiliated Customers
	Years ended December 31
(In thousands)	2023		2022		2021
U.S.	$	1,191,369	$	1,075,355	$	1,008,689
All Other	877,856		813,710		839,710
Totals including Corporate	$	2,069,225	$	1,889,065	$	1,848,399

(a)    Revenues are attributed to individual countries based on the location of the facility generating the revenue.

	Property, Plant and Equipment, Net
	December 31
(In thousands)	2023		2022
U.S.	$	303,839	$	283,864
China	69,691		96,095
All Other	289,754		276,916
Totals including Corporate	$	663,284	$	656,875

No customer provided in excess of 10% of the Company's consolidated revenues in 2023, 2022 and 2021.

In 2023, 2022 and 2021, HE had one customer that provided in excess of 10% of its revenues under multiple long-term contracts at several mill sites. Should additional consolidations occur involving some of the steel industry's larger companies which are customers of the Company, it would result in an increase in concentration of credit risk for the Company. The loss of any one of the contracts would not have a material adverse effect upon the Company's financial position or cash flows; however, it could have a significant effect on quarterly or annual results of operations.

In 2023, 2022, and 2021, CE had one customer that provided in excess of 10% of its revenue. The loss of this customer would not have a material adverse impact on the Company's financial positions or cash flows; however, it could have a material effect on quarterly or annual results of operations.

Operating Information by Segment:

	Years ended December 31
(In thousands)	2023		2022		2021
Revenues
Harsco Environmental	$	1,140,904	$	1,061,239	$	1,068,083
Clean Earth	928,321		827,826		780,316
Total Revenues	$	2,069,225	$	1,889,065	$	1,848,399
Operating Income (Loss)
Harsco Environmental	$	77,635	$	59,559	$	103,402
Clean Earth	76,974		(81,785)		25,639
Corporate	(43,595)		(35,117)		(40,665)
Total Operating Income (Loss)	$	111,014	$	(57,343)	$	88,376
Total Assets
Harsco Environmental	$	1,417,278	$	1,416,717	$	1,386,087
Clean Earth	981,723		980,774		1,278,472
Corporate	109,388		57,118		56,086
Discontinued Operations	346,163		336,245		333,263
Total Assets	$	2,854,552	$	2,790,854	$	3,053,908
Depreciation
Harsco Environmental	$	113,571	$	108,880	$	105,830
Clean Earth	23,252		18,836		19,672
Corporate	2,133		1,996		1,900
Total Depreciation	$	138,956	$	129,712	$	127,402
Amortization
Harsco Environmental	$	4,030	$	6,809	$	8,052
Clean Earth	24,583		24,299		24,180
Corporate (b)	3,795		3,029		2,710
Total Amortization	$	32,408	$	34,137	$	34,942
Capital Expenditures
Harsco Environmental	$	104,045	$	109,508	$	137,228
Clean Earth	32,100		21,996		18,403
Corporate	427		4,038		1,289
Total Capital Expenditures	$	136,572	$	135,542	$	156,920

(b) Amortization expense on Corporate relates to the amortization of deferred financing costs.

Reconciliation of Segment Operating Income to Consolidated Income (Loss) From Continuing Operations Before Income Taxes and Equity Income:

	Years ended December 31
(In thousands)	2023		2022		2021
Segment operating income (loss)	$	154,609	$	(22,226)	$	129,041
General Corporate expense	(43,595)		(35,117)		(40,665)
Operating income (loss) from continuing operations	111,014		(57,343)		88,376
Interest income	6,670		3,559		2,231
Interest expense	(103,872)		(75,156)		(63,235)
Defined benefit pension income (expense)	(21,600)		8,938		15,640
Facility fees and debt-related income (expense)	(10,762)		(2,956)		(5,506)
Income (loss) from continuing operations before income taxes and equity income	$	(18,550)	$	(122,958)	$	37,506