GUARANTOR AND NON-GUARANTOR SUBSIDIARIES FINANCIAL INFORMATION (Tables)

6 Months Ended

Jun. 30, 2013

Guarantor and Non-Guarantor Subsidiaries Financial Information [Abstract]

Schedule of condensed consolidating balance sheet

Following is the condensed consolidating balance sheet at June 30, 2013 (in thousands):

	Clean Harbors, Inc.		U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries		Consolidating Adjustments			Total
Assets:
Cash and cash equivalents	$	1,006	$	214,427	$	48,045	$	—		$	263,478
Intercompany receivables	264,860		2,872		234,576		(502,308		)	—
Other current assets	12,144		573,520		256,049		—			841,713
Property, plant and equipment, net	—		903,619		651,353		—			1,554,972
Investments in subsidiaries	2,608,979		920,014		144,953		(3,673,946		)	—
Intercompany debt receivable	—		503,110		3,701		(506,811		)	—
Other long-term assets	21,685		878,799		271,466		—			1,171,950
Total assets	$	2,908,674	$	3,996,361	$	1,610,143	$	(4,683,065	)	$	3,832,113
Liabilities and Stockholders’ Equity:
Current liabilities	$	39,230	$	445,011	$	119,946	$	—		$	604,187
Intercompany payables	—		499,376		2,932		(502,308		)	—
Closure, post-closure and remedial liabilities, net	—		163,144		32,735		—			195,879
Long-term obligations	1,400,000		—		—		—			1,400,000
Capital lease obligations, net	—		153		1,987		—			2,140
Intercompany debt payable	3,701		—		503,110		(506,811		)	—
Other long-term liabilities	51,023		123,113		41,051		—			215,187
Total liabilities	1,493,954		1,230,797		701,761		(1,009,119		)	2,417,393
Stockholders’ equity	1,414,720		2,765,564		908,382		(3,673,946		)	1,414,720
Total liabilities and stockholders’ equity	$	2,908,674	$	3,996,361	$	1,610,143	$	(4,683,065	)	$	3,832,113

Following is the condensed consolidating balance sheet at December 31, 2012 (in thousands):

	Clean Harbors, Inc.		U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries		Consolidating Adjustments			Total
Assets:
Cash and cash equivalents	$	35,214	$	140,683	$	53,939	$	—		$	229,836
Intercompany receivables	296,023		17,704		116,571		(430,298		)	—
Other current assets	38,295		526,354		292,308		—			856,957
Property, plant and equipment, net	—		886,032		645,731		—			1,531,763
Investments in subsidiaries	2,528,699		850,011		144,953		(3,523,663		)	—
Intercompany debt receivable	—		508,067		3,701		(511,768		)	—
Other long-term assets	21,141		896,991		289,118		—			1,207,250
Total assets	$	2,919,372	$	3,825,842	$	1,546,321	$	(4,465,729	)	$	3,825,806
Liabilities and Stockholders’ Equity:
Current liabilities	$	32,586	$	402,990	$	133,476	$	—		$	569,052
Intercompany payables	—		412,594		17,704		(430,298		)	—
Closure, post-closure and remedial liabilities, net	—		161,175		36,172		—			197,347
Long-term obligations	1,400,000		—		—		—			1,400,000
Capital lease obligations, net	—		301		2,578		—			2,879
Intercompany debt payable	3,701		—		508,067		(511,768		)	—
Other long-term liabilities	51,013		134,393		39,050		—			224,456
Total liabilities	1,487,300		1,111,453		737,047		(942,066		)	2,393,734
Stockholders’ equity	1,432,072		2,714,389		809,274		(3,523,663		)	1,432,072
Total liabilities and stockholders’ equity	$	2,919,372	$	3,825,842	$	1,546,321	$	(4,465,729	)	$	3,825,806

Schedule of consolidating statement of income

Following is the consolidating statement of income (loss) for the three months ended June 30, 2013 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	497,731		$	171,019		$	5,122		$	673,872
Product revenues	—			89,740			95,465			1,451			186,656
Total revenues	—			587,471			266,484			6,573			860,528
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	—			341,768			108,713			5,122			455,603
Product cost of revenues	—			73,712			83,560			1,451			158,723
Total cost of revenues	—			415,480			192,273			6,573			614,326
Selling, general and administrative expenses	30			89,884			32,698			—			122,612
Accretion of environmental liabilities	—			2,437			442			—			2,879
Depreciation and amortization	—			44,220			23,248			—			67,468
Income from operations	(30		)	35,450			17,823			—			53,243
Other income (expense)	—			2,249			(594		)	—			1,655
Interest (expense) income	(19,764		)	—			179			—			(19,585		)
Equity in earnings of subsidiaries	45,106			14,563			—			(59,669		)	—
Intercompany dividend income (expense)	—			—			3,323			(3,323		)	—
Intercompany interest income (expense)	—			9,969			(9,969		)	—			—
Income before provision for income taxes	25,312			62,231			10,762			(62,992		)	35,313
Provision for income taxes	2,410			7,009			2,992			—			12,411
Net income	22,902			55,222			7,770			(62,992		)	22,902
Other comprehensive (loss) income	(35,506		)	(35,506		)	18,685			16,821			(35,506		)
Comprehensive (loss) income	$	(12,604	)	$	19,716		$	26,455		$	(46,171	)	$	(12,604	)

Following is the consolidating statement of income (loss) for the three months ended June 30, 2012 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	294,377		$	196,409		$	(5,058	)	$	485,728
Product revenues	—			19,365			18,412			(387		)	37,390
Total revenues	—			313,742			214,821			(5,445		)	523,118
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	—			196,868			146,481			(5,058		)	338,291
Product cost of revenues	—			13,887			15,832			(387		)	29,332
Total cost of revenues	—			210,755			162,313			(5,445		)	367,623
Selling, general and administrative expenses	(62		)	41,445			25,411			—			66,794
Accretion of environmental liabilities	—			2,184			321			—			2,505
Depreciation and amortization	—			19,154			19,509			—			38,663
Income from operations	62			40,204			7,267			—			47,533
Other (expense) income	—			125			(200		)	—			(75		)
Interest expense	(10,726		)	21			(263		)	—			(10,968		)
Equity in earnings of subsidiaries	38,461			7,371			—			(45,832		)	—
Intercompany dividend income (expense)	—			—			3,389			(3,389		)	—
Intercompany interest income (expense)	—			10,259			(10,259		)	—			—
Income before provision for income taxes	27,797			57,980			(66		)	(49,221		)	36,490
Provision for income taxes	4,371			9,920			(1,227		)	—			13,064
Net income	23,426			48,060			1,161			(49,221		)	23,426
Other comprehensive income (loss)	(17,457		)	(17,457		)	(7,956		)	25,413			(17,457		)
Comprehensive income (loss)	$	5,969		$	30,603		$	(6,795	)	$	(23,808	)	$	5,969

Following is the consolidating statement of income (loss) for the six months ended June 30, 2013 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	896,966		$	452,438		$	(2,910	)	$	1,346,494
Product revenues	—			250,603			126,407			(813		)	376,197
Total revenues	—			1,147,569			578,845			(3,723		)	1,722,691
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	—			615,940			310,945			(2,910		)	923,975
Product cost of revenues	—			217,353			109,835			(813		)	326,375
Total cost of revenues	—			833,293			420,780			(3,723		)	1,250,350
Selling, general and administrative expenses	55			185,445			65,582			—			251,082
Accretion of environmental liabilities	—			4,837			877			—			5,714
Depreciation and amortization	—			81,509			45,965			—			127,474
Income from operations	(55		)	42,485			45,641			—			88,071
Other income (expense)	—			2,969			(789		)	—			2,180
Interest (expense) income	(39,564		)	—			106			—			(39,458		)
Equity in earnings of subsidiaries	75,327			35,976			—			(111,303		)	—
Intercompany dividend income (expense)	—			—			6,968			(6,968		)	—
Intercompany interest income (expense)	—			20,307			(20,307		)	—			—
Income before provision for income taxes	35,708			101,737			31,619			(118,271		)	50,793
Provision for income taxes	2,304			6,535			8,550			—			17,389
Net income	33,404			95,202			23,069			(118,271		)	33,404
Other comprehensive (loss) income	(59,367		)	(59,367		)	30,457			28,910			(59,367		)
Comprehensive (loss) income	$	(25,963	)	$	35,835		$	53,526		$	(89,361	)	$	(25,963	)

Following is the consolidating statement of income (loss) for the six months ended June 30, 2012 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	563,772		$	466,223		$	(9,956	)	$	1,020,039
Product revenues	—			41,507			34,327			(733		)	75,101
Total revenues	—			605,279			500,550			(10,689		)	1,095,140
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	—			379,598			337,774			(9,956		)	707,416
Product cost of revenues	—			32,357			28,898			(733		)	60,522
Total cost of revenues	—			411,955			366,672			(10,689		)	767,938
Selling, general and administrative expenses	18			86,357			51,178			—			137,553
Accretion of environmental liabilities	—			4,280			641			—			4,921
Depreciation and amortization	—			35,790			39,704			—			75,494
Income from operations	(18		)	66,897			42,355			—			109,234
Other (expense) income	—			(325		)	(49		)	—			(374		)
Interest expense	(21,432		)	(180		)	(628		)	—			(22,240		)
Equity in earnings of subsidiaries	74,926			33,367			—			(108,293		)	—
Intercompany dividend income (expense)	10,010			—			6,915			(16,925		)	—
Intercompany interest income (expense)	—			20,604			(20,604		)	—			—
Income before provision for income taxes	63,486			120,363			27,989			(125,218		)	86,620
Provision for income taxes	8,045			15,642			7,492			—			31,179
Net income	55,441			104,721			20,497			(125,218		)	55,441
Other comprehensive income (loss)	(2,277		)	(2,277		)	(1,672		)	3,949			(2,277		)
Comprehensive income (loss)	$	53,164		$	102,444		$	18,825		$	(121,269	)	$	53,164

Schedule of condensed consolidating statement of cash flows

Following is the condensed consolidating statement of cash flows for the six months ended June 30, 2013 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Total
Net cash from operating activities	$	(36,459	)	$	84,226		$	89,845		$	137,612
Cash flows from investing activities:
Additions to property, plant and equipment	—			(62,818		)	(78,648		)	(141,466		)
Proceeds from sales of fixed assets	—			803			1,391			2,194
Acquisitions, net of cash acquired	—			—			—			—
Costs to obtain or renew permits	—			(212		)	(1,957		)	(2,169		)
Net cash from investing activities	—			(62,227		)	(79,214		)	(141,441		)
Cash flows from financing activities:
Change in uncashed checks	—			37,118			3,238			40,356
Proceeds from exercise of stock options	399			—			—			399
Proceeds from employee stock purchase plan	3,391			—			—			3,391
Remittance of shares, net	(169		)	—			—			(169		)
Excess tax benefit of stock-based compensation	1,326			—			—			1,326
Deferred financing costs paid	(2,446		)	—			—			(2,446		)
Payments on capital leases	—			(164		)	(2,424		)	(2,588		)
Issuance costs related to 2012 issuance of common stock	(250		)							(250		)
Dividends (paid) / received	—			(6,989		)	6,989			—
Interest (payments) / received	—			21,780			(21,780		)	—
Net cash from financing activities	2,251			51,745			(13,977		)	40,019
Effect of exchange rate change on cash	—			—			(2,548		)	(2,548		)
(Decrease) increase in cash and cash equivalents	(34,208		)	73,744			(5,894		)	33,642
Cash and cash equivalents, beginning of period	35,214			140,683			53,939			229,836
Cash and cash equivalents, end of period	$	1,006		$	214,427		$	48,045		$	263,478

Following is the condensed consolidating statement of cash flows for the six months ended June 30, 2012 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Total
Net cash from operating activities	$	(9,706	)	$	48,387		$	137,093		$	175,774
Cash flows from investing activities:
Additions to property, plant and equipment	—			(47,808		)	(35,163		)	(82,971		)
Proceeds from sale of fixed assets	—			3,344			542			3,886
Acquisitions, net of cash acquired	—			(2,276		)	(40,763		)	(43,039		)
Costs to obtain or renew permits	—			(262		)	(691		)	(953		)
Purchase of available for sale securities	—			—			(10,517		)	(10,517		)
Other				603			4,517			5,120
Net cash from investing activities	—			(46,399		)	(82,075		)	(128,474		)
Cash flows from financing activities:
Change in uncashed checks	—			(4,167		)	(5,329		)	(9,496		)
Proceeds from exercise of stock options	98			—			—			98
Proceeds from employee stock purchase plan	3,130			—			—			3,130
Remittance of shares, net	(1,216		)	—			—			(1,216		)
Excess tax benefit of stock-based compensation	1,122			—			—			1,122
Deferred financing costs paid	(21		)	—			—			(21		)
Payments of capital leases	—			(573		)	(3,260		)	(3,833		)
Distribution of cash earned on employee participation plan	(38		)	—			—			(38		)
Dividends (paid) / received	10,010			(23,622		)	13,612			—
Interest (payments) / received	—			36,785			(36,785		)	—
Net cash from financing activities	13,085			8,423			(31,762		)	(10,254		)
Effect of exchange rate change on cash	—			—			(1,011		)	(1,011		)
Increase in cash and cash equivalents	3,379			10,411			22,245			36,035
Cash and cash equivalents, beginning of period	91,581			128,071			41,071			260,723
Cash and cash equivalents, end of period	$	94,960		$	138,482		$	63,316		$	296,758