Schedule of operations by segment |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | September 30 | | September 30 | (In thousands) | | 2024 | | 2023 | | 2024 | | 2023 | Revenues | | | | | | | | | Harsco Environmental | | $ | 279,148 | | | $ | 285,877 | | | $ | 871,196 | | | $ | 848,659 | | Clean Earth | | 236,791 | | | 238,711 | | | 698,926 | | | 691,750 | | Harsco Rail | | 57,688 | | | 72,380 | | | 213,815 | | | 226,280 | | | | | | | | | | | Total Revenues | | $ | 573,627 | | | $ | 596,968 | | | $ | 1,783,937 | | | $ | 1,766,689 | | | | | | | | | | | Operating Income (Loss) from Continuing Operations | | | | | | | | | Harsco Environmental | | $ | 33,181 | | | $ | 17,867 | | | $ | 73,055 | | | $ | 52,885 | | Clean Earth | | 26,833 | | | 21,497 | | | 71,308 | | | 61,002 | | Harsco Rail | | (14,101) | | | (999) | | | (26,251) | | | 10,270 | | Corporate | | (8,541) | | | (9,605) | | | (23,672) | | | (29,795) | | Total Operating Income (Loss) from Continuing Operations | | $ | 37,372 | | | $ | 28,760 | | | $ | 94,440 | | | $ | 94,362 | | | | | | | | | | | Depreciation | | | | | | | | | Harsco Environmental | | $ | 27,554 | | | $ | 28,793 | | | $ | 83,793 | | | $ | 84,707 | | Clean Earth | | 8,685 | | | 6,054 | | | 24,347 | | | 16,528 | | Harsco Rail | | 1,040 | | | — | | | 2,424 | | | — | | Corporate | | 300 | | | 550 | | | 961 | | | 1,658 | | Total Depreciation | | $ | 37,579 | | | $ | 35,397 | | | $ | 111,525 | | | $ | 102,893 | | | | | | | | | | | Amortization | | | | | | | | | Harsco Environmental | | $ | 532 | | | $ | 1,013 | | | $ | 2,525 | | | $ | 3,020 | | Clean Earth | | 5,991 | | | 6,330 | | | 18,147 | | | 18,472 | | Harsco Rail | | 68 | | | — | | | 157 | | | — | | Corporate (a) | | 1,318 | | | 952 | | | 3,260 | | | 2,835 | | Total Amortization | | $ | 7,909 | | | $ | 8,295 | | | $ | 24,089 | | | $ | 24,327 | | Capital Expenditures | | | | | | | | | Harsco Environmental | | $ | 24,905 | | | $ | 20,735 | | | $ | 69,674 | | | $ | 75,826 | | Clean Earth | | 13,020 | | | 6,186 | | | 27,084 | | | 15,990 | | Harsco Rail | | 3,567 | | | 279 | | | 5,154 | | | 1,515 | | Corporate | | 82 | | | 89 | | | 182 | | | 299 | | Total Capital Expenditures | | $ | 41,574 | | | $ | 27,289 | | | $ | 102,094 | | | $ | 93,630 | |
(a) Amortization expense on Corporate relates to the amortization of deferred financing costs.
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Reconciliation of segment operating income to income from continuing operations before income taxes and equity income |
Reconciliation of Segment Operating Income to Income (Loss) From Continuing Operations before Income Taxes and Equity Income | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | September 30 | | September 30 | (In thousands) | | 2024 | | 2023 | | 2024 | | 2023 | Segment operating income (loss) | | $ | 45,913 | | | $ | 38,365 | | | $ | 118,112 | | | $ | 124,157 | | General Corporate expense | | (8,541) | | | (9,605) | | | (23,672) | | | (29,795) | | Operating income (loss) from continuing operations | | 37,372 | | | 28,760 | | | 94,440 | | | 94,362 | | Interest income | | 981 | | | 1,722 | | | 6,113 | | | 4,796 | | Interest expense | | (28,813) | | | (27,552) | | | (84,869) | | | (78,956) | | Facility fees and debt-related income (expense) | | (2,978) | | | (2,806) | | | (8,687) | | | (7,899) | | | | | | | | | | | Defined benefit pension income (expense) | | (4,257) | | | (5,430) | | | (12,599) | | | (16,159) | | Income (loss) from continuing operations before income taxes and equity income | | $ | 2,305 | | | $ | (5,306) | | | $ | (5,602) | | | $ | (3,856) | |
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