XML 93 R41.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Financial Instruments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The fair value of outstanding derivative contracts recorded as assets and liabilities on the Consolidated Balance Sheets at December 31, 2012 and 2011 was as follows:
|  | Asset Derivatives |  | Liability Derivatives
(in thousands) |  | Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value
December 31, 2012 |  |  |  |  |  |  |  |
Derivatives designated as hedging instruments:
Cross currency interest rate swaps |  | Other assets |  | $ | 39,058 |  |  | Other liabilities |  | $ | 14,346 |
Derivatives not designated as hedging instruments:
Foreign currency forward exchange contracts |  | Other current assets |  | $ | 853 |  |  | Other current liabilities |  | $ | 1,775 |
|  | Asset Derivatives |  | Liability Derivatives
(in thousands) |  | Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value
December 31, 2011 |  |  |  |  |  |  |  |
Derivatives designated as hedging instruments:
Foreign currency forward exchange contracts |  | Other current assets |  | $ | 274 |  |  | Other current liabilities |  | $ | — |
Cross currency interest rate swaps |  | Other assets |  | 44,636 |  |  | Other liabilities |  | 1,792 |
Total derivatives designated as hedging instruments |  |  |  | $ | 44,910 |  |  |  |  | $ | 1,792 |
Derivatives not designated as hedging instruments:
Foreign currency forward exchange contracts |  | Other current assets |  | $ | 2,912 |  |  | Other current liabilities |  | $ | 1,207 |
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance | The effect of derivative instruments in the Consolidated Statements of Operations and the Consolidated Statements of Comprehensive Income during 2012, 2011 and 2010 was as follows: Derivatives Designated as Hedging Instruments
(In thousands) |  | Amount of Gain (Loss) Recognized in Other Comprehensive Income ("OCI") on Derivative—Effective Portion |  | Location of Gain (Loss) Reclassified from Accumulated OCI into Income—Effective Portion | Amount of Gain (Loss) Reclassified from Accumulated OCI into Income—Effective Portion |  | Location of Gain (Loss) Recognized in Income on Derivative—Ineffective Portion and Amount Excluded from Effectiveness Testing | Amount of Gain (Loss) Recognized in Income on Derivative—Ineffective Portion and Amount Excluded from Effectiveness Testing |
Twelve Months Ended December 31, 2012:
Foreign currency forward exchange contracts |  | $ | (152 | ) |  | Cost of services and products sold | $ | 270 |  |  |  | $ | — |  |
Cross currency interest rate swaps |  | (4,748 | ) |  |  | — |  |  | Cost of services and products sold | (13,384 | ) | (a)
|  | $ | (4,900 | ) |  |  | $ | 270 |  |  |  | $ | (13,384 | ) |
Twelve Months Ended December 31, 2011:
Foreign currency forward exchange contracts |  | $ | 887 |  |  |  | $ | 83 |  |  |  | $ | — |  |
Cross currency interest rate swaps |  | 7,230 |  |  |  | — |  |  | Cost of services and products sold | 7,642 |  | (a)
|  | $ | 8,117 |  |  |  | $ | 83 |  |  |  | $ | 7,642 |  |
Twelve Months Ended December 31, 2010:
Foreign currency forward exchange contracts |  | $ | 32 |  |  |  | $ | — |  |  |  | $ | — |  |
Commodity contracts |  | 20 |  |  | Cost of services and products sold | 20 |  |  | Cost of services and products sold | 10 |  |
Cross currency interest rate swaps |  | (1,119 | ) |  |  | — |  |  | Cost of services and products sold | 21,734 |  | (a)
|  | $ | (1,067 | ) |  |  | $ | 20 |  |  |  | $ | 21,744 |  |
(a) | These gains (losses) offset foreign currency fluctuation effects on the debt principal.
Derivatives Not Designated as Hedging Instruments
|  | Location of Gain (Loss) Recognized in Income on Derivative |  | Amount of Gain (Loss) Recognized in Income on Derivative for the Twelve Months Ended December 31(a)
(In thousands) |  |  | 2012 |  | 2011 |  | 2010
Foreign currency forward exchange contracts |  | Cost of services and products sold |  | $ | (3,529 | ) |  | $ | 7,238 |  |  | $ | 1,483 |
(a) | These gains (losses) offset amounts recognized in cost of service and products sold principally as a result of intercompany or third-party foreign currency exposures.
Schedule of Notional Amounts and Recognized Gain (Loss) for Foreign Currency Forward Exchange Contracts | ontracted Amounts of Foreign Currency Exchange Forward Contracts Outstanding at December 31, 2012:
(In thousands) |  | Type |  | U.S. Dollar Equivalent |  | Maturity |  | Recognized Gain (Loss)
British pounds sterling |  | Sell |  | $ | — |  |  |  |  | $ | — |
British pounds sterling |  | Buy |  | 6,141 |  |  | January 2013 through February 2013 |  | 58 |
Euros |  | Sell |  | 264,234 |  |  | January 2013 through March 2013 |  | (1,082 | )
Euros |  | Buy |  | 116,618 |  |  | January 2013 through February 2013 |  | 187 |
Other currencies |  | Sell |  | 2,811 |  |  | January 2013 through March 2013 |  | (15 | )
Other currencies |  | Buy |  | 44,291 |  |  | January 2013 |  | (71 | )
Total |  |  |  | $ | 434,095 |  |  |  |  | $ | (923 | )
Contracted Amounts of Foreign Currency Exchange Forward Contracts Outstanding at December 31, 2011:
(In thousands) |  | Type |  | U.S. Dollar Equivalent |  | Maturity |  | Recognized Gain (Loss)
British pounds sterling |  | Sell |  | $ | 18,350 |  |  | January 2012 |  | $ | (20 | )
British pounds sterling |  | Buy |  | 4,364 |  |  | January 2012 |  | (12 | )
Euros |  | Sell |  | 178,889 |  |  | January 2012 through October 2012 |  | 2,345 |
Euros |  | Buy |  | 105,247 |  |  | January 2012 through April 2012 |  | (878 | )
Other currencies |  | Sell |  | 2,957 |  |  | January 2012 through March 2012 |  | 62 |
Other currencies |  | Buy |  | 14,656 |  |  | January 2012 |  | 235 |
Total |  |  |  | $ | 324,463 |  |  |  |  | $ | 1,732 |
Schedule of Derivative Instruments | The following table indicates the contractual amounts of the Company's cross currency interest rate swaps:
|  | Contractual Amounts |  | Interest Rates
(In millions) |  |  | Receive |  | Pay
Maturing 2018 |  | $ | 250.0 |  |  | Fixed U.S. dollar rate |  | Fixed euro rate
Maturing 2020 |  | 220.0 |  |  | Fixed U.S. dollar rate |  | Fixed British pound sterling rate
Maturing 2013 through 2017 |  | 4.8 |  |  | Floating U.S. dollar rate |  | Fixed rupee rate
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis | The following table indicates the fair value hierarchy of the financial instruments of the Company at December 31, 2012 and 2011:
Level 2 Fair Value Measurements (In thousands) |  | December 31 2012 |  | December 31 2011
Assets |  |  |  |
Foreign currency forward exchange contracts |  | $ | 853 |  |  | $ | 3,186 |
Cross currency interest rate swaps |  | 39,058 |  |  | 44,636 |
Liabilities |  |  |  |
Foreign currency forward exchange contracts |  | 1,775 |  |  | 1,207 |
Cross currency interest rate swaps |  | 14,346 |  |  | 1,792 |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation | The following table reconciles the beginning and ending balances for liabilities measured on a recurring basis using unobservable inputs (Level 3) for 2012 and 2011:
Level 3 Liabilities—Contingent Consideration for the Twelve Months Ended December 31 (In thousands) |  | 2012 |  | 2011
Balance at beginning of year |  | $ | — |  |  | $ | 3,872 |
Fair value adjustments included in earnings |  | — |  |  | (3,966 | )
Effect of exchange rate changes |  | — |  |  | 94 |
Balance at end of year |  | $ | — |  |  | $ | — |

X
- Definition Tabular disclosure of the details of foreign currency forward exchange contracts, including outstanding notional amounts and gain or loss recognized in the income statement. + References No definition available. + Details
Name: | hsc_ScheduleOfNotionalAmountsAndRecognizedGainLossForForeignCurrencyForwardExchangeContractsTableTextBlock
Namespace Prefix: | hsc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19279-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41638-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41678-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5580258-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41620-113959 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41641-113959 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579240-113959 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19190-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration