XML 53 R42.htm IDEA: XBRL DOCUMENT
v3.21.2

Components of Accumulated Other Comprehensive Loss (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Equity [Abstract] |
Schedule of accumulated other comprehensive loss | The components of AOCI, net of the effect of income taxes, and activity for the six months ended June 30, 2020 and 2021 was as follows:
|  | Components of AOCI, Net of Tax
(In thousands) |  | Cumulative Foreign Exchange Translation Adjustments |  | Effective Portion of Derivatives Designated as Hedging Instruments |  | Cumulative Unrecognized Actuarial Losses on Pension Obligations |  | Unrealized Gain (Loss) on Marketable Securities |  | Total
Balance at December 31, 2019 |  | $ | (143,340) |  |  | $ | (3,717) |  |  | $ | (440,562) |  |  | $ | (3) |  |  | $ | (587,622) |
OCI before reclassifications |  | (65,677) |  | (a) | (1,146) |  | (b) | 23,810 |  | (a) | (31) |  |  | (43,044) |
Amounts reclassified from AOCI, net of tax |  | 12,906 |  |  | (213) |  |  | 13,380 |  |  | — |  |  | 26,073 |
Total OCI |  | (52,771) |  |  | (1,359) |  |  | 37,190 |  |  | (31) |  |  | (16,971) |
Less: OCI attributable to noncontrolling interests |  | (975) |  |  | — |  |  | — |  |  | — |  |  | (975) |
OCI attributable to Harsco Corporation |  | (51,796) |  |  | (1,359) |  |  | 37,190 |  |  | (31) |  |  | (15,996) |
Balance at June 30, 2020 |  | $ | (195,136) |  |  | $ | (5,076) |  |  | $ | (403,372) |  |  | $ | (34) |  |  | $ | (603,618) |
|  | Components of AOCI, Net of Tax
(In thousands) |  | Cumulative Foreign Exchange Translation Adjustments |  | Effective Portion of Derivatives Designated as Hedging Instruments |  | Cumulative Unrecognized Actuarial Losses on Pension Obligations |  | Unrealized Gain (Loss) on Marketable Securities |  | Total
Balance at December 31, 2020 |  | $ | (125,392) |  |  | $ | (5,840) |  |  | $ | (514,500) |  |  | $ | (9) |  |  | $ | (645,741) |
OCI before reclassifications |  | 12,150 |  | (a) | (259) |  | (b) | (5,451) |  | (a) | 25 |  |  | 6,465 |
Amounts reclassified from AOCI, net of tax |  | — |  |  | 1,182 |  |  | 11,495 |  |  | — |  |  | 12,677 |
Total OCI |  | 12,150 |  |  | 923 |  |  | 6,044 |  |  | 25 |  |  | 19,142 |
Less: OCI attributable to noncontrolling interests |  | (393) |  |  | — |  |  | — |  |  | — |  |  | (393) |
OCI attributable to Harsco Corporation |  | 12,543 |  |  | 923 |  |  | 6,044 |  |  | 25 |  |  | 19,535 |
Balance at June 30, 2021 |  | $ | (112,849) |  |  | $ | (4,917) |  |  | $ | (508,456) |  |  | $ | 16 |  |  | $ | (626,206) |
(a) Principally foreign currency fluctuation. (b) Net change from periodic revaluations.
Reclassification out of accumulated other comprehensive income | Amounts reclassified from AOCI were as follows:
(In thousands) |  | Three Months Ended |  | Six Months Ended |  | Location on the Condensed Consolidated Statements of Operations
| June 30 |  | June 30
| 2021 |  | 2020 |  | 2021 |  | 2020
Recognition of cumulative foreign currency translation adjustments:
Loss on substantial liquidation of subsidiaries (c) |  | $ | — |  |  | $ | — |  |  | — |  |  | 12,906 |  |  | Gain on sale of discontinued businesses
Amortization of cash flow hedging instruments:
Foreign currency exchange forward contracts |  | $ | 3 |  |  | $ | (332) |  |  | $ | (47) |  |  | $ | (1,736) |  |  | Product revenues
CCIRs |  | — |  |  | 295 |  |  | — |  |  | 600 |  |  | Interest expense
Interest rate swaps |  | 862 |  |  | 732 |  |  | 1,727 |  |  | 1,110 |  |  | Interest expense
Total before taxes |  | 865 |  |  | 695 |  |  | 1,680 |  |  | (26) |  |  |
Income taxes |  | (253) |  |  | (263) |  |  | (498) |  |  | (187) |  |  |
Total reclassification of cash flow hedging instruments, net of tax |  | $ | 612 |  |  | $ | 432 |  |  | $ | 1,182 |  |  | $ | (213) |  |  |
Amortization of defined benefit pension items (d):
Actuarial losses |  | $ | 6,007 |  |  | $ | 4,757 |  |  | $ | 11,955 |  |  | $ | 9,837 |  |  | Defined benefit pension income
Prior service costs |  | 129 |  |  | 106 |  |  | 256 |  |  | 213 |  |  | Defined benefit pension income
Pension liability transfer - discontinued business |  | — |  |  | — |  |  | — |  |  | 5,363 |  |  | Gain on sale of discontinued businesses
Total before taxes |  | 6,136 |  |  | 4,863 |  |  | 12,211 |  |  | 15,413 |  |  |
Income taxes |  | (358) |  |  | (323) |  |  | (716) |  |  | (2,033) |  |  |
Total reclassification of defined benefit pension items, net of tax |  | $ | 5,778 |  |  | $ | 4,540 |  |  | $ | 11,495 |  |  | $ | 13,380 |  |  |
(c) No tax impact. (d) These AOCI components are included in the computation of net periodic pension costs. See Note 10, Employee Benefit Plans, for additional details.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration