GUARANTOR AND NON-GUARANTOR SUBSIDIARIES FINANCIAL INFORMATION (Tables)

9 Months Ended

Sep. 30, 2016

Guarantor and Non-Guarantor Subsidiaries Financial Information [Abstract]

Schedule of condensed consolidating balance sheet

Following is the condensed consolidating balance sheet at September 30, 2016 (in thousands):

	Clean Harbors, Inc.		U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries		Consolidating Adjustments			Total
Assets:
Cash and cash equivalents	$	51,334	$	170,183	$	36,340	$	—		$	257,857
Intercompany receivables	190,728		300,656		34,665		(526,049		)	—
Accounts receivable, net	—		418,170		94,206		—			512,376
Other current assets	2,537		207,488		69,673		—			279,698
Property, plant and equipment, net	—		1,217,704		430,867		—			1,648,571
Investments in subsidiaries	2,813,894		488,437		—		(3,302,331		)	—
Intercompany debt receivable	—		212,171		3,701		(215,872		)	—
Goodwill	—		417,992		52,641		—			470,633
Permits and other intangibles, net	—		439,543		67,794		—			507,337
Other long-term assets	1,197		9,552		25,392		—			36,141
Total assets	$	3,059,690	$	3,881,896	$	815,279	$	(4,044,252	)	$	3,712,613
Liabilities and Stockholders’ Equity:
Current liabilities	$	22,619	$	438,298	$	78,179	$	—		$	539,096
Intercompany payables	299,848		224,593		1,608		(526,049		)	—
Closure, post-closure and remedial liabilities, net	—		155,710		15,721		—			171,431
Long-term obligations	1,632,577		—		—		—			1,632,577
Intercompany debt payable	3,701		—		212,171		(215,872		)	—
Other long-term liabilities	—		249,401		19,163		—			268,564
Total liabilities	1,958,745		1,068,002		326,842		(741,921		)	2,611,668
Stockholders’ equity	1,100,945		2,813,894		488,437		(3,302,331		)	1,100,945
Total liabilities and stockholders’ equity	$	3,059,690	$	3,881,896	$	815,279	$	(4,044,252	)	$	3,712,613

Following is the condensed consolidating balance sheet at December 31, 2015 (in thousands):

	Clean Harbors, Inc.		U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries		Consolidating Adjustments			Total
Assets:
Cash and cash equivalents	$	11,017	$	83,479	$	90,212	$	—		$	184,708
Intercompany receivables	164,709		213,243		39,804		(417,756		)	—
Accounts receivables, net	—		404,580		91,424		—			496,004
Other current assets	—		179,969		60,515		—			240,484
Property, plant and equipment, net	—		1,082,466		450,001		—			1,532,467
Investments in subsidiaries	2,547,307		522,067		—		(3,069,374		)	—
Intercompany debt receivable	—		260,957		3,701		(264,658		)	—
Goodwill	—		367,306		85,799		—			453,105
Permits and other intangibles, net	—		435,080		71,738		—			506,818
Other long-term assets	1,068		10,274		6,500		—			17,842
Total assets	$	2,724,101	$	3,559,421	$	899,694	$	(3,751,788	)	$	3,431,428
Liabilities and Stockholders’ Equity:
Current liabilities	$	20,813	$	424,588	$	71,719	$	—		$	517,120
Intercompany payables	220,762		195,287		1,707		(417,756		)	—
Closure, post-closure and remedial liabilities, net	—		153,190		14,656		—			167,846
Long-term obligations	1,382,543		—		—		—			1,382,543
Intercompany debt payable	3,701		—		260,957		(264,658		)	—
Other long-term liabilities	—		239,049		28,588		—			267,637
Total liabilities	1,627,819		1,012,114		377,627		(682,414		)	2,335,146
Stockholders’ equity	1,096,282		2,547,307		522,067		(3,069,374		)	1,096,282
Total liabilities and stockholders’ equity	$	2,724,101	$	3,559,421	$	899,694	$	(3,751,788	)	$	3,431,428

Schedule of condensed consolidating statement of income

Following is the consolidating statement of operations for the three months ended September 30, 2016 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	461,139		$	145,780		$	(12,694	)	$	594,225
Product revenues	—			118,106			20,072			(2,883		)	135,295
Total revenues	—			579,245			165,852			(15,577		)	729,520
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	(598		)	288,764			110,070			(12,694		)	385,542
Product cost of revenues	—			94,050			15,206			(2,883		)	106,373
Total cost of revenues	(598		)	382,814			125,276			(15,577		)	491,915
Selling, general and administrative expenses	23			88,652			22,279			—			110,954
Accretion of environmental liabilities	—			2,243			233			—			2,476
Depreciation and amortization	—			51,957			21,403			—			73,360
Goodwill impairment charge	—			—			34,013			—			34,013
Income (loss) from operations	575			53,579			(37,352		)	—			16,802
Other expense	—			(188		)	(10		)	—			(198		)
Gain on sale of business	—			1,288			15,143			—			16,431
Interest (expense) income	(23,042		)	1,456			21			—			(21,565		)
Equity in earnings of subsidiaries, net of taxes	3,225			(22,341		)	—			19,116			—
Intercompany interest income (expense)	—			5,235			(5,235		)	—			—
(Loss) income before (benefit) provision for income taxes	(19,242		)	39,029			(27,433		)	19,116			11,470
(Benefit) provision for income taxes	(8,987		)	35,803			(5,091		)	—			21,725
Net (loss) income	(10,255		)	3,226			(22,342		)	19,116			(10,255		)
Other comprehensive loss	(1,311		)	(1,311		)	(3,927		)	5,238			(1,311		)
Comprehensive (loss) income	$	(11,566	)	$	1,915		$	(26,269	)	$	24,354		$	(11,566	)

Following is the consolidating statement of operations for the three months ended September 30, 2015 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	612,814		$	162,680		$	(14,827	)	$	760,667
Product revenues	—			117,653			17,591			(2,545		)	132,699
Total revenues	—			730,467			180,271			(17,372		)	893,366
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	—			413,878			124,625			(14,827		)	523,676
Product cost of revenues	—			101,778			11,737			(2,545		)	110,970
Total cost of revenues	—			515,656			136,362			(17,372		)	634,646
Selling, general and administrative expenses	25			72,811			20,277			—			93,113
Accretion of environmental liabilities	—			2,277			300			—			2,577
Depreciation and amortization	—			46,951			22,109			—			69,060
(Loss) income from operations	(25		)	92,772			1,223			—			93,970
Other income (expense)	—			204			(343		)	—			(139		)
Interest (expense) income	(19,671		)	613			41			—			(19,017		)
Equity in earnings of subsidiaries, net of taxes	52,046			(2,341		)	—			(49,705		)	—
Intercompany interest income (expense)	—			5,666			(5,666		)	—			—
Income (loss) before (benefit) provision for income taxes	32,350			96,914			(4,745		)	(49,705		)	74,814
(Benefit) provision for income taxes	(7,878		)	44,868			(2,404		)	—			34,586
Net income (loss)	40,228			52,046			(2,341		)	(49,705		)	40,228
Other comprehensive loss	(53,541		)	(53,541		)	(34,150		)	87,691			(53,541		)
Comprehensive loss	$	(13,313	)	$	(1,495	)	$	(36,491	)	$	37,986		$	(13,313	)

Following is the consolidating statement of operations for the nine months ended September 30, 2016 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	1,345,629		$	399,216		$	(35,827	)	$	1,709,018
Product revenues	—			303,342			58,176			(7,423		)	354,095
Total revenues	—			1,648,971			457,392			(43,250		)	2,063,113
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	(1,185		)	864,071			321,153			(35,827		)	1,148,212
Product cost of revenues	—			252,512			42,895			(7,423		)	287,984
Total cost of revenues	(1,185		)	1,116,583			364,048			(43,250		)	1,436,196
Selling, general and administrative expenses	84			253,189			69,228			—			322,501
Accretion of environmental liabilities	—			6,846			683			—			7,529
Depreciation and amortization	—			151,348			64,307			—			215,655
Goodwill impairment charge	—			—			34,013			—			34,013
Income (loss) from operations	1,101			121,005			(74,887		)	—			47,219
Other income (expense)	—			124			(861		)	—			(737		)
Gain on sale of business	—			1,288			15,143			—			16,431
Interest (expense) income	(66,147		)	3,851			104			—			(62,192		)
Equity in earnings of subsidiaries, net of taxes	11,867			(58,031		)	—			46,164			—
Intercompany interest income (expense)	—			15,891			(15,891		)	—			—
(Loss) income before (benefit) provision for income taxes	(53,179		)	84,128			(76,392		)	46,164			721
(Benefit) provision for income taxes	(26,019		)	72,260			(18,360		)	—			27,881
Net (loss) income	(27,160		)	11,868			(58,032		)	46,164			(27,160		)
Other comprehensive gain	43,348			43,348			24,403			(67,751		)	43,348
Comprehensive gain (loss)	$	16,188		$	55,216		$	(33,629	)	$	(21,587	)	$	16,188

Following is the consolidating statement of operations for the nine months ended September 30, 2015 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	1,659,739		$	546,790		$	(48,185	)	$	2,158,344
Product revenues	—			349,524			63,239			(9,014		)	403,749
Total revenues	—			2,009,263			610,029			(57,199		)	2,562,093
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	—			1,106,591			426,530			(48,185		)	1,484,936
Product cost of revenues	—			315,322			42,597			(9,014		)	348,905
Total cost of revenues	—			1,421,913			469,127			(57,199		)	1,833,841
Selling, general and administrative expenses	75			247,472			73,699			—			321,246
Accretion of environmental liabilities	—			6,870			925			—			7,795
Depreciation and amortization	—			137,354			67,835			—			205,189
Goodwill impairment charge	—			4,164			27,828			—			31,992
(Loss) income from operations	(75		)	191,490			(29,385		)	—			162,030
Other income (expense)	—			483			(873		)	—			(390		)
Interest (expense) income	(58,962		)	1,115			143			—			(57,704		)
Equity in earnings of subsidiaries, net of taxes	78,956			(38,920		)	—			(40,036		)	—
Intercompany interest income (expense)	—			17,679			(17,679		)	—			—
Income (loss) before (benefit) provision for income taxes	19,919			171,847			(47,794		)	(40,036		)	103,936
(Benefit) provision for income taxes	(23,615		)	92,891			(8,874		)	—			60,402
Net income (loss)	43,534			78,956			(38,920		)	(40,036		)	43,534
Other comprehensive loss	(118,713		)	(118,713		)	(76,752		)	195,465			(118,713		)
Comprehensive loss	$	(75,179	)	$	(39,757	)	$	(115,672	)	$	155,429		$	(75,179	)

Schedule of condensed consolidating statement of cash flows

Following is the condensed consolidating statement of cash flows for the nine months ended September 30, 2016 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Net cash from (used in) operating activities	$	43,033		$	128,182		$	7,612		$	—		$	178,827
Cash flows used in investing activities:
Additions to property, plant and equipment	—			(152,836		)	(22,512		)	—			(175,348		)
Proceeds from sales of fixed assets	—			950			3,032			—			3,982
Acquisitions, net of cash acquired	—			(197,089		)	(10,000		)	—			(207,089		)
Proceeds on sale of business	—			18,885			28,249			—			47,134
Costs to obtain or renew permits	—			(949		)	(971		)	—			(1,920		)
Purchase of available-for-sale securities	(102		)	—			(496		)	—			(598		)
Investment in subsidiaries	(250,625		)	—			—			250,625			—
Intercompany	—			(18,118		)	—			18,118			—
Net cash used in investing activities	(250,727		)	(349,157		)	(2,698		)	268,743			(333,839		)
Cash flows from (used in) financing activities:
Change in uncashed checks	—			(6,064		)	(1,020		)	—			(7,084		)
Exercise of stock options	230			—			—			—			230
Issuance of restricted shares, net of shares remitted	(2,500		)	—			—			—			(2,500		)
Repurchases of common stock	(15,869		)	—			—			—			(15,869		)
Excess tax benefit of stock-based compensation	21			—			—			—			21
Deferred financing costs paid	(2,614		)	—			—			—			(2,614		)
Issuance of senior secured notes, including premium	250,625			250,625			—			(250,625		)	250,625
Intercompany	18,118			—			—			(18,118		)	—
Intercompany debt	—			63,118			(63,118		)	—			—
Net cash from (used in) financing activities	248,011			307,679			(64,138		)	(268,743		)	222,809
Effect of exchange rate change on cash	—			—			5,352			—			5,352
Increase (decrease) in cash and cash equivalents	40,317			86,704			(53,872		)	—			73,149
Cash and cash equivalents, beginning of period	11,017			83,479			90,212			—			184,708
Cash and cash equivalents, end of period	$	51,334		$	170,183		$	36,340		$	—		$	257,857

Following is the condensed consolidating statement of cash flows for the nine months ended September 30, 2015 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Net cash from operating activities	$	9,503		$	240,713		$	59,377		$	—		$	309,593
Cash flows used in investing activities:
Additions to property, plant and equipment	—			(162,329		)	(27,670		)	—			(189,999		)
Proceeds from sale of fixed assets	—			1,177			2,563			—			3,740
Acquisitions, net of cash acquired	—			(79,610		)	—			—			(79,610		)
Costs to obtain or renew permits	—			(4		)	(4,629		)	—			(4,633		)
Intercompany	—			(71,182		)	—			71,182			—
Net cash used in investing activities	—			(311,948		)	(29,736		)	71,182			(270,502		)
Cash flows used in financing activities:
Change in uncashed checks	—			(16,635		)	(5,247		)	—			(21,882		)
Proceeds from exercise of stock options	397			—			—			—			397
Issuance of restricted shares, net of shares remitted	(2,027		)	—			—			—			(2,027		)
Repurchases of common stock	(69,155		)	—			—			—			(69,155		)
Excess tax benefit of stock-based compensation	102			—			—			—			102
Payments of capital leases	—			(203		)	(297		)	—			(500		)
Intercompany	71,182			—			—			(71,182		)	—
Net cash from (used in) financing activities	499			(16,838		)	(5,544		)	(71,182		)	(93,065		)
Effect of exchange rate change on cash	—			—			(13,714		)	—			(13,714		)
Increase (decrease) in cash and cash equivalents	10,002			(88,073		)	10,383			—			(67,688		)
Cash and cash equivalents, beginning of period	1,006			154,147			91,726			—			246,879
Cash and cash equivalents, end of period	$	11,008		$	66,074		$	102,109		$	—		$	179,191