GUARANTOR AND NON-GUARANTOR SUBSIDIARIES FINANCIAL INFORMATION (Tables)

9 Months Ended

Sep. 30, 2011

Guarantor and Non-Guarantor Subsidiaries Financial Information [Abstract]

Schedule of condensed consolidating balance sheet

Following is the condensed consolidating balance sheet at September 30, 2011 (in thousands):

	Clean Harbors, Inc.		U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries		Consolidating Adjustments			Total
Assets:
Cash and cash equivalents	$	91,557	$	145,150	$	20,452	$	—		$	257,159
Intercompany receivables	346,750		—		148,818		(495,568		)	—
Other current assets	15,139		329,710		224,262		—			569,111
Property, plant and equipment, net	—		389,481		491,238		—			880,719
Investments in subsidiaries	1,002,994		377,275		94,626		(1,474,895		)	—
Intercompany debt receivable	—		443,819		3,701		(447,520		)	—
Other long-term assets	16,327		115,352		171,717		—			303,396
Total assets	$	1,472,767	$	1,800,787	$	1,154,814	$	(2,417,983	)	$	2,010,385
Liabilities and Stockholders’ Equity:
Current liabilities	$	39,568	$	208,021	$	145,979	$	—		$	393,568
Intercompany payables	—		495,568		—		(495,568		)	—
Closure, post-closure and remedial liabilities, net	—		131,490		20,113		—			151,603
Long-term obligations	524,590		—		—		—			524,590
Capital lease obligations, net	—		573		6,958		—			7,531
Intercompany debt payable	3,701		—		443,819		(447,520		)	—
Other long-term liabilities	64,702		8,326		19,859		—			92,887
Total liabilities	632,561		843,978		636,728		(943,088		)	1,170,179
Stockholders’ equity	840,206		956,809		518,086		(1,474,895		)	840,206
Total liabilities and stockholders’ equity	$	1,472,767	$	1,800,787	$	1,154,814	$	(2,417,983	)	$	2,010,385

Following is the condensed consolidating balance sheet at December 31, 2010 (in thousands):

	Clean Harbors, Inc.		U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries		Consolidating Adjustments			Total
Assets:
Cash and cash equivalents	$	100,476	$	124,582	$	77,152	$	—		$	302,210
Intercompany receivables	371,559		—		—		(371,559		)	—
Other current assets	15,521		279,895		154,911		—			450,327
Property, plant and equipment, net	—		302,028		353,366		—			655,394
Investments in subsidiaries	628,723		259,294		91,654		(979,671		)	—
Intercompany debt receivable	—		368,804		3,701		(372,505		)	—
Other long-term assets	7,768		87,888		98,888		—			194,544
Total assets	$	1,124,047	$	1,422,491	$	779,672	$	(1,723,735	)	$	1,602,475
Liabilities and Stockholders’ Equity:
Current liabilities	$	13,935	$	201,384	$	90,965	$	—		$	306,284
Intercompany payables	—		222,750		148,809		(371,559		)	—
Closure, post-closure and remedial liabilities, net	—		141,280		20,494		—			161,774
Long-term obligations	264,007		—		—		—			264,007
Capital lease obligations, net	—		249		6,590		—			6,839
Intercompany debt payable	3,701		—		368,804		(372,505		)	—
Other long-term liabilities	61,577		2,531		18,636		—			82,744
Total liabilities	343,220		568,194		654,298		(744,064		)	821,648
Stockholders’ equity	780,827		854,297		125,374		(979,671		)	780,827
Total liabilities and stockholders’ equity	$	1,124,047	$	1,422,491	$	779,672	$	(1,723,735	)	$	1,602,475

Schedule of consolidating statement of income

Following is the consolidating statement of income for the three months ended September 30, 2011 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues	$	—		$	327,093		$	237,589		$	(8,629	)	$	556,053
Cost of revenues (exclusive of items shown separately below)	—			229,272			165,875			(8,629		)	386,518
Selling, general and administrative expenses	27			39,889			25,788			—			65,704
Accretion of environmental liabilities	—			2,120			315			—			2,435
Depreciation and amortization	—			16,069			18,535			—			34,604
Income from operations	(27		)	39,743			27,076			—			66,792
Other income	—			51			113			—			164
Interest (expense) income	(10,739		)	(10		)	(178		)	—			(10,927		)
Equity in earnings of subsidiaries	52,408			18,548			—			(70,956		)	—
Intercompany dividend income (expense)	—			—			3,491			(3,491		)	—
Intercompany interest income (expense)	—			6,759			(6,759		)	—			—
Income from operations before provision for income taxes	41,642			65,091			23,743			(74,447		)	56,029
Provision for income taxes	4,509			8,335			6,052			—			18,896
Net income (loss)	$	37,133		$	56,756		$	17,691		$	(74,447	)	$	37,133

Following is the consolidating statement of income for the three months ended September 30, 2010 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues	$	—		$	346,045	$	142,426		$	(820	)	$	487,651
Cost of revenues (exclusive of items shown separately below)	—			235,915		100,178			(820		)	335,273
Selling, general and administrative expenses	25			40,903		12,691			—			53,619
Accretion of environmental liabilities	—			2,218		277			—			2,495
Depreciation and amortization	—			12,367		10,525			—			22,892
Income from operations	(25		)	54,642		18,755			—			73,372
Other income (loss)	—			74		(743		)	—			(669		)
Loss on early extinguishment of debt	(2,294		)	—		—			—			(2,294		)
Interest (expense) income	(7,196		)	78		(80		)	—			(7,198		)
Equity in earnings of subsidiaries	56,001			8,641		—			(64,642		)	—
Intercompany dividend income (expense)	—			—		3,292			(3,292		)	—
Intercompany interest income (expense)	—			8,243		(8,243		)	—			—
Income from continuing operations before provision for income taxes	46,486			71,678		12,981			(67,934		)	63,211
Provision for income taxes	7,659			12,596		4,129			—			24,384
Income from continuing operations	38,827			59,082		8,852			(67,934		)	38,827
Income from discontinued operations, net of tax	—			—		—			—			—
Net income	$	38,827		$	59,082	$	8,852		$	(67,934	)	$	38,827

Following is the consolidating statement of income for the nine months ended September 30, 2011 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues	$	—		$	838,654	$	619,615		$	(20,019	)	$	1,438,250
Cost of revenues (exclusive of items shown separately below)	—			582,767		444,101			(20,019		)	1,006,849
Selling, general and administrative expenses	77			114,621		64,054			—			178,752
Accretion of environmental liabilities	—			6,297		934			—			7,231
Depreciation and amortization	—			41,760		45,240			—			87,000
Income from operations	(77		)	93,209		65,286			—			158,418
Other income	—			3,781		2,150			—			5,931
Interest (expense) income	(28,045		)	163		(165		)	—			(28,047		)
Equity in earnings of subsidiaries	129,273			50,260		—			(179,533		)	—
Intercompany dividend income (expense)	—			—		10,484			(10,484		)	—
Intercompany interest income (expense)	—			24,459		(24,459		)	—			—
Income from operations before provision for income taxes	101,151			171,872		53,296			(190,017		)	136,302
Provision for income taxes	12,132			21,511		13,640			—			47,283
Net income	$	89,019		$	150,361	$	39,656		$	(190,017	)	$	89,019

Following is the consolidating statement of income for the nine months ended September 30, 2010 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues	$	—		$	869,468	$	449,354		$	(4,636	)	$	1,314,186
Cost of revenues (exclusive of items shown separately below)	—			597,323		327,283			(4,636		)	919,970
Selling, general and administrative expenses	75			109,947		39,810			—			149,832
Accretion of environmental liabilities	—			6,958		841			—			7,799
Depreciation and amortization	—			35,894		31,777			—			67,671
Income from operations	(75		)	119,346		49,643			—			168,914
Other income (loss)	—			388		2,097			—			2,485
Loss on early extinguishment of debt	(2,294		)	—		—			—			(2,294		)
Interest (expense) income	(21,668		)	127		(231		)	—			(21,772		)
Equity in earnings of subsidiaries	149,216			35,457		—			(184,673		)	—
Intercompany dividend income (expense)	—			—		9,904			(9,904		)	—
Intercompany interest income (expense)	—			24,450		(24,450		)	—			—
Income from continuing operations before provision for income taxes	125,179			179,768		36,963			(194,577		)	147,333
Provision for income taxes	17,993			26,960		(2,012		)	—			42,941
Income from continuing operations	107,186			152,808		38,975			(194,577		)	104,392
Income from discontinued operations, net of tax	—			—		2,794			—			2,794
Net income	$	107,186		$	152,808	$	41,769		$	(194,577	)	$	107,186

Schedule of condensed consolidating statement of cash flows

Following is the condensed consolidating statement of cash flows for the nine months ended September 30, 2011 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Total
Net cash from operating activities	$	(16,908	)	$	77,653		$	90,591		$	151,336
Cash flows from investing activities:
Additions to property, plant and equipment	—			(75,274		)	(38,370		)	(113,644		)
Acquisitions, net of cash acquired	—			(50,166		)	(286,794		)	(336,960		)
Costs to obtain or renew permits	—			(486		)	(1,870		)	(2,356		)
Proceeds from sales of fixed assets	—			545			5,380			5,925
Proceeds from sale of marketable securities	—			—			425			425
Proceeds from sale of long term investments	—			1,000			—			1,000
Investment in subsidiaries	(258,597		)	178,884			79,713			—
Net cash from investing activities	(258,597		)	54,503			(241,516		)	(445,610		)
Cash flows from financing activities:
Change in uncashed checks	—			(1,363		)	(1,217		)	(2,580		)
Proceeds from exercise of stock options	1,089			—			—			1,089
Proceeds from employee stock purchase plan	2,451			—			—			2,451
Remittance of shares, net	(1,897		)	—			—			(1,897		)
Excess tax benefit of stock-based compensation	1,949			—			—			1,949
Deferred financing costs paid	(8,442		)	—			—			(8,442		)
Payments on capital leases	—			(532		)	(5,243		)	(5,775		)
Distribution of cash earned on employee participation plan	—			—			(189		)	(189		)
Issuance of senior secured notes, including premium	261,250			—			—			261,250
Dividends (paid) / received	10,186			(24,306		)	14,120			—
Interest (payments) / received	—			35,088			(35,088		)	—
Intercompany debt	—			(120,475		)	120,475			—
Net cash from financing activities	266,586			(111,588		)	92,858			247,856
Effect of exchange rate change on cash	—			—			1,367			1,367
(Decrease) increase in cash and cash equivalents	(8,919		)	20,568			(56,700		)	(45,051		)
Cash and cash equivalents, beginning of period	100,476			124,582			77,152			302,210
Cash and cash equivalents, end of period	$	91,557		$	145,150		$	20,452		$	257,159

Following is the condensed consolidating statement of cash flows for the nine months ended September 30, 2010 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Total
Net cash from operating activities	$	(3,688	)	$	100,673		$	56,945		$	153,930
Cash flows from investing activities:
Additions to property, plant and equipment	—			(42,501		)	(32,240		)	(74,741		)
Acquisitions, net of cash acquired	—			(13,846		)	—			(13,846		)
Additions to intangible assets, including costs to obtain or renew permits	—			(1,203		)	(2,059		)	(3,262		)
Purchase of available for sale securities	—			—			(1,486		)	(1,486		)
Proceeds from sale of fixed assets and assets held for sale	—			997			14,966			15,963
Proceeds from sale of marketable securities	—			—			2,627			2,627
Proceeds from sale of long-term investments	—			1,300			—			1,300
Proceeds from insurance settlement	—			—			1,336			1,336
Investment in subsidiaries	(236,700		)	236,700			—			—
Net cash from investing activities	(236,700		)	181,447			(16,856		)	(72,109		)
Cash flows from financing activities:
Change in uncashed checks	—			(1,347		)	(3,335		)	(4,682		)
Proceeds from exercise of stock options	550			—			—			550
Proceeds from employee stock purchase plan	1,769			—			—			1,769
Remittance of shares, net	(198		)	—			—			(198		)
Excess tax benefit of stock-based compensation	1,221			—			—			1,221
Deferred financing costs paid	(53		)	—			—			(53		)
Payments of capital leases	—			(284		)	(3,077		)	(3,361		)
Principle payment on debt	(30,000		)	—			—			(30,000		)
Distribution of cash earned on employee participation plan	—			—			(148		)	(148		)
Interest (payments) / received	—			19,363			(19,363		)	—
Intercompany debt	236,700			(236,700		)	—			—
Net cash from financing activities	209,989			(218,968		)	(25,923		)	(34,902		)
Effect of exchange rate change on cash	—			—			451			451
(Decrease) increase in cash and cash equivalents	(30,399		)	63,152			14,617			47,370
Cash and cash equivalents, beginning of period	141,338			50,408			41,800			233,546
Cash and cash equivalents, end of period	$	110,939		$	113,560		$	56,417		$	280,916