XML 13 R3.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 83,537$ 62,321
Adjustments to reconcile net income to net cash provided (used) by operating activities:  
Depreciation207,330209,428
Amortization25,95027,033
Equity in income of unconsolidated entities, net(530)(309)
Dividends or distributions from unconsolidated entities160176
Other, net(3,674)(17,271)
Changes in assets and liabilities, net of acquisitions and dispositions of businesses:  
Accounts receivable(76,972)(57,299)
Inventories(6,667)8,606
Accounts payable3,15014,524
Accrued interest payable6,65121,252
Accrued compensation13,64016,429
Harsco Infrastructure Segment Restructuring Program accrual(16,697) 
Other assets and liabilities(45,771)(48,910)
Net cash provided by operating activities190,107235,980
Cash flows from investing activities:  
Purchases of property, plant and equipment(240,820)(129,942)
Proceeds from sales of assets37,18018,421
Purchases of businesses, net of cash acquired(1,938)(27,643)
Other investing activities10,115(3,093)
Net cash used by investing activities(195,463)(142,257)
Cash flows from financing activities:  
Short-term borrowings, net28,941(50,919)
Current maturities and long-term debt:  
Additions215,422499,267
Reductions(210,761)(251,646)
Cash dividends paid on common stock(49,599)(49,460)
Dividends paid to noncontrolling interests(3,322)(5,020)
Purchase of noncontrolling interest (1,159)
Contributions from noncontrolling interests9,074442
Common stock issued-options1,668820
Other financing activities(1)(369)
Net cash provided (used) by financing activities(8,578)141,956
Effect of exchange rate changes on cash(4,016)474
Net increase (decrease) in cash and cash equivalents(17,950)236,153
Cash and cash equivalents at beginning of period124,23894,184
Cash and cash equivalents at end of period$ 106,288$ 330,337