Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2023

Business Combinations [Abstract]

Disposal Groups, Including Discontinued Operations

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

(in thousands)	December 31 2023		December 31 2022
Trade accounts receivable, net	$	57,415	$	41,049
Other receivables	6,708		4,037
Inventories	103,077		105,256
Current portion of contract assets	56,341		84,848
Other current assets	31,692		30,950
Property, plant and equipment, net	44,749		41,004
Right-of-use assets, net	7,050		5,635
Goodwill	13,026		13,026
Intangible assets, net	2,486		2,746
Deferred income tax assets	827		6,887
Noncurrent portion of contract assets	22,048		—
Other assets	744		807
Total Rail assets included in Assets held-for-sale	$	346,163	$	336,245
Accounts payable	$	44,703	$	49,083
Accrued compensation	6,056		1,211
Current portion of operating lease liabilities	3,656		2,635
Current portion of advances on contracts	32,912		45,037
Reserve for contracts	52,725		32,246
Other current liabilities	31,984		28,793
Operating lease liabilities	3,331		3,121
Deferred tax liabilities	204		5,480
Other liabilities	494		861
Total Rail liabilities included in Liabilities of assets held-for-sale	$	176,065	$	168,467

Certain key selected financial information included in Income (loss) from discontinued operations, net of tax, for Rail is as follows:

	Years Ended December 31
(In thousands)	2023		2022		2021
Amounts directly attributable to the former Harsco Rail Segment:
Service revenues	$	52,430	$	29,331	$	32,425
Product revenues (a)	244,365		215,585		266,221
Cost of services sold	34,552		19,550		17,272
Cost of products sold	247,917		223,034		251,897
Income (loss) from discontinued businesses	(30,546)		(40,898)		(19,967)
Additional amounts allocated to the former Harsco Rail Segment:
Selling, general and administrative expenses (b)	$	3,573	$	4,039	$	178

(a) The decrease in product revenues for 2022, as compared to 2021, is due in part to liquidated damages and penalties 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 in the Consolidated Statements of Operations.

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

	Years Ended December 31
(In thousands)	2023		2022		2021
Cash flows from operating activities (non-cash)
Depreciation and amortization	$	—	$	—	$	4,329
Cash flows from investing activities
Purchases of property, plant and equipment	2,453		1,618		1,406