XML 35 R23.htm IDEA: XBRL DOCUMENT v3.25.3
Review of Operations by Segment
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Review of Operations by Segment Review of Operations by Segment 
The tables below include information about the Company's revenues and operating income (loss) by reportable segment, along with significant segment expenses and other segment information, followed by a reconciliation of operating income (loss) by reporting segment to the Company's consolidated Income (loss) from continuing operations before income taxes and equity in income, for the periods presented:
Three Months Ended September 30, 2025
(in thousands)
Harsco Environmental
Clean
Earth
Harsco
Rail
Total Reportable Segments
Corporate
Total
Segment Profit and Loss:
Total revenues
261,131 250,051 63,633 $574,815  $574,815 
Less:
Cost of services and products sold
219,486 179,512 58,177 457,175  457,175 
Selling, general and administrative expenses
25,514 43,458 11,585 80,557 12,737 93,294 
Other segment activities (a)
2,897 299 2,505 5,701 2,165 7,866 
Operating income (loss) from continuing operations13,234 26,782 (8,634)$31,382 (14,902)$16,480 
Plus:
Interest income552 
Interest expense(28,353)
Facility fees and debt-related income (expense)(2,508)
Defined benefit pension income (expense)(5,322)
Income (loss) from continuing operations before income taxes and equity in income$(19,151)
Other Segment Information:
Depreciation
28,047 9,935 1,151 $39,133 225 $39,358 
Amortization (b)
567 5,924 299 $6,790 967 $7,757 
Capital expenditures
19,513 10,343 1,819 $31,675 82 $31,757 
Three Months Ended September 30, 2024
(in thousands)Harsco EnvironmentalClean
Earth
Harsco
Rail
Total Reportable
Segments
CorporateTotal
Segment Profit and Loss:
Total revenues279,148 236,791 57,688 $573,627 — $573,627 
Less:
Cost of services and products sold
229,108 170,703 58,179 457,990 — 457,990 
Selling, general and administrative expenses27,753 39,144 11,824 78,721 10,462 89,183 
Gain on sale of businesses, net(8,152)— — (8,152)(449)(8,601)
Other segment activities (a)
(2,742)111 1,786 (845)(1,472)(2,317)
Operating income (loss) from continuing operations33,181 26,833 (14,101)$45,913 (8,541)$37,372 
Plus:
Interest income981 
Interest expense(28,813)
Facility fees and debt-related income (expense)(2,978)
Defined benefit pension income (expense)(4,257)
Income (loss) from continuing operations before income taxes and equity in income
$2,305 
Other Segment Information:
Depreciation
27,554 8,685 1,040 $37,279 300 $37,579 
Amortization (b)
532 5,991 68 $6,591 1,318 $7,909 
Capital expenditures
24,905 13,020 3,567 $41,492 82 $41,574 
Nine Months Ended September 30, 2025
(in thousands)
Harsco EnvironmentalClean
Earth
Harsco
Rail
Total Reportable
Segments
CorporateTotal
Segment Profit and Loss:
Total revenues762,246 731,564 191,543 $1,685,353  $1,685,353 
Less:
Cost of services and products sold
641,697 533,065 172,140 1,346,902  1,346,902 
Selling, general and administrative expenses77,636 123,932 34,490 236,058 41,847 277,905 
Property, plant and equipment impairment charge7,386   7,386  7,386 
Other segment activities (a)
7,969 510 5,717 14,196 (980)13,216 
Operating income (loss) from continuing operations27,558 74,057 (20,804)$80,811 (40,867)$39,944 
Plus:
Interest income1,476 
Interest expense(82,527)
Facility fees and debt-related income (expense)(7,739)
Defined benefit pension income (expense)(15,742)
Income (loss) from continuing operations before income taxes and equity in income$(64,588)
Other Segment Information:
Depreciation80,602 29,104 3,234 $112,940 761 $113,701 
Amortization (b)
1,678 17,695 472 $19,845 2,876 $22,721 
Capital expenditures58,864 29,135 4,229 $92,228 188 $92,416 
Nine Months Ended September 30, 2024
(in thousands)
Harsco EnvironmentalClean
Earth
Harsco
Rail
Total Reportable
Segments
CorporateTotal
Segment Profit and Loss:
Total revenues871,196 698,926 213,815 $1,783,937 — $1,783,937 
Less:
Cost of services and products sold
717,463 512,648 188,465 1,418,576 — 1,418,576 
Selling, general and administrative expenses85,828 114,954 36,707 237,489 29,274 266,763 
Intangible asset impairment charge
2,840 — — 2,840 — 2,840 
Remeasurement of long-lived assets— — 10,695 10,695 — 10,695 
Gain on sale of businesses, net(10,029)— — (10,029)(449)(10,478)
Other segment activities (a)
2,039 16 4,199 6,254 (5,153)1,101 
Operating income (loss) from continuing operations73,055 71,308 (26,251)$118,112 (23,672)$94,440 
Plus:
Interest income6,113 
Interest expense(84,869)
Facility fees and debt-related income (expense)(8,687)
Defined benefit pension income (expense)(12,599)
Income (loss) from continuing operations before income taxes and equity in income
$(5,602)
Other Segment Information:
Depreciation83,793 24,347 2,424 $110,564 961 $111,525 
Amortization (b)
2,525 18,147 157 $20,829 3,260 $24,089 
Capital expenditures69,674 27,084 5,154 $101,912 182 $102,094 
(a) Other segment activities include amounts reflected in the captions Research and development costs, Other income (expenses), net, and certain activities reported in Cost of services and products sold on the Company's Condensed Consolidated Statements of Operations.
(b) Amortization expense in Corporate relates to the amortization of deferred financing costs.