Review of Operations by Segment (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of operations by segment

	Three Months Ended				Six Months Ended
	June 30				June 30
(In thousands)	2024		2023		2024		2023
Revenues
Harsco Environmental	$	292,929	$	289,593	$	592,048	$	562,782
Clean Earth	236,105		230,575		462,135		453,039
Harsco Rail	80,959		88,848		156,127		153,900
Total Revenues	$	609,993	$	609,016	$	1,210,310	$	1,169,721
Operating Income (Loss) from Continuing Operations
Harsco Environmental	$	20,286	$	12,733	$	39,874	$	35,018
Clean Earth	23,882		23,034		44,475		39,505
Harsco Rail	(3,089)		8,924		(12,150)		11,269
Corporate	(9,824)		(11,004)		(15,131)		(20,190)
Total Operating Income (Loss) from Continuing Operations	$	31,255	$	33,687	$	57,068	$	65,602
Depreciation
Harsco Environmental	$	27,450	$	28,354	$	56,239	$	55,914
Clean Earth	8,249		5,547		15,662		10,474
Harsco Rail	1,023		—		1,384		—
Corporate	304		556		661		1,108
Total Depreciation	$	37,026	$	34,457	$	73,946	$	67,496
Amortization
Harsco Environmental	$	975	$	1,008	$	1,993	$	2,007
Clean Earth	5,989		6,113		12,156		12,142
Harsco Rail	67		—		89		—
Corporate (a)	975		946		1,942		1,883
Total Amortization	$	8,006	$	8,067	$	16,180	$	16,032
Capital Expenditures
Harsco Environmental	$	24,216	$	38,540	$	44,769	$	55,091
Clean Earth	8,730		4,974		14,064		9,804
Harsco Rail	622		571		1,587		1,236
Corporate	71		110		100		210
Total Capital Expenditures	$	33,639	$	44,195	$	60,520	$	66,341

(a) Amortization expense on Corporate relates to the amortization of deferred financing costs.

Reconciliation of segment operating income to income from continuing operations before income taxes and equity income

Reconciliation of Segment Operating Income to Income (Loss) From Continuing Operations before Income Taxes and Equity Income

	Three Months Ended				Six Months Ended
	June 30				June 30
(In thousands)	2024		2023		2024		2023
Segment operating income (loss)	$	41,079	$	44,691	$	72,199	$	85,792
General Corporate expense	(9,824)		(11,004)		(15,131)		(20,190)
Operating income (loss) from continuing operations	31,255		33,687		57,068		65,602
Interest income	3,435		1,594		5,132		3,074
Interest expense	(27,934)		(26,409)		(56,056)		(51,404)
Facility fees and debt-related income (expense)	(2,920)		(2,730)		(5,709)		(5,093)
Defined benefit pension income (expense)	(4,166)		(5,400)		(8,342)		(10,729)
Income (loss) from continuing operations before income taxes and equity income	$	(330)	$	742	$	(7,907)	$	1,450