XML 64 R96.htm IDEA: XBRL DOCUMENT v2.4.0.8
GUARANTOR AND NON-GUARANTOR SUBSIDIARIES Cash Flows (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Condensed consolidating statement of cash flows      
Net cash from operating activities $ 415,839 $ 324,365 $ 179,531
Cash flows from investing activities:      
Additions to property, plant and equipment (280,207) (197,397) (148,513)
Proceeds from sales of fixed assets 4,699 8,125 6,794
Acquisitions, net of cash acquired (63,264) (1,373,921) (336,960)
Additions to intangible assets including costs to obtain or renew permits (6,740) (4,046) (2,927)
Purchase of marketable securities 0 (10,517) 0
Proceeds from sales of marketable securities 0 0 425
Proceeds from sale of long-term investments 0 0 1,000
Other 0 5,120 0
Net cash used in investing activities (345,512) (1,572,636) (480,181)
Cash flows from financing activities:      
Change in uncashed checks 12,268 (12,070) 9,822
Proceeds from exercise of stock options 400 288 1,350
Remittance of shares, net (731) (2,912) (4,061)
Excess tax benefit of stock-based compensation 1,409 2,556 3,352
Deferred financing costs paid (2,504) (19,056) (8,463)
Proceeds from employee stock purchase plan 7,425 6,196 3,516
Payments on capital leases (4,891) (6,599) (7,837)
Issuance costs related to issuances of common stock (250) 0 0
Proceeds from issuance of common stock, net 0 369,520 0
Principal payments on debt 0 (520,000) 0
Distribution of cash earned on employee participation plan 0 (55) (189)
Issuance of senior unsecured notes, at par 0 1,400,000 0
Issuance of senior secured notes, including premium 0 0 261,250
Net cash from financing activities 13,126 1,217,868 258,740
Effect of exchange rate change on cash (3,216) (484) 423
Increase (decrease) in cash and cash equivalents 80,237 (30,887) (41,487)
Cash and cash equivalents, beginning of year 229,836 260,723 302,210
Cash and cash equivalents, end of year 310,073 229,836 260,723
Clean Harbors, Inc.
     
Condensed consolidating statement of cash flows      
Net cash from operating activities (33,932) (45,655) (17,428)
Cash flows from investing activities:      
Additions to property, plant and equipment 0 0 0
Proceeds from sales of fixed assets 0 0 0
Acquisitions, net of cash acquired (6,025) (1,257,259) 0
Additions to intangible assets including costs to obtain or renew permits 0 0 0
Purchase of marketable securities   0  
Proceeds from sales of marketable securities     0
Proceeds from sale of long-term investments     0
Other   0  
Investment in subsidiaries     (258,597)
Net cash used in investing activities (6,025) (1,257,259) (258,597)
Cash flows from financing activities:      
Change in uncashed checks 0 0 0
Proceeds from exercise of stock options 400 288 1,350
Remittance of shares, net (731) (2,912) (4,061)
Excess tax benefit of stock-based compensation 1,409 2,556 3,352
Deferred financing costs paid (2,504) (19,056) (8,463)
Proceeds from employee stock purchase plan 7,425 6,196 3,516
Payments on capital leases 0 0 0
Issuance costs related to issuances of common stock (250)    
Proceeds from issuance of common stock, net   369,520  
Principal payments on debt   (520,000)  
Distribution of cash earned on employee participation plan   (55) 0
Issuance of senior unsecured notes, at par   1,400,000  
Issuance of senior secured notes, including premium     261,250
Interest (payments) / received 0 10,010 10,186
Interest (payments) / received 0 0 0
Intercompany debt     0
Net cash from financing activities 5,749 1,246,547 267,130
Effect of exchange rate change on cash 0 0 0
Increase (decrease) in cash and cash equivalents (34,208) (56,367) (8,895)
Cash and cash equivalents, beginning of year 35,214 91,581 100,476
Cash and cash equivalents, end of year 1,006 35,214 91,581
U.S. Guarantor Subsidiaries
     
Condensed consolidating statement of cash flows      
Net cash from operating activities 264,491 179,425 90,015
Cash flows from investing activities:      
Additions to property, plant and equipment (145,395) (117,344) (92,531)
Proceeds from sales of fixed assets 1,078 3,810 657
Acquisitions, net of cash acquired (57,239) (63,351) (50,166)
Additions to intangible assets including costs to obtain or renew permits (5,247) (712) (465)
Purchase of marketable securities   0  
Proceeds from sales of marketable securities     0
Proceeds from sale of long-term investments     1,000
Other   500  
Investment in subsidiaries     178,884
Net cash used in investing activities (206,803) (177,097) 37,379
Cash flows from financing activities:      
Change in uncashed checks 9,922 (6,761) 6,558
Proceeds from exercise of stock options 0 0 0
Remittance of shares, net 0 0 0
Excess tax benefit of stock-based compensation 0 0 0
Deferred financing costs paid 0 0 0
Proceeds from employee stock purchase plan 0 0 0
Payments on capital leases (227) (850) (820)
Issuance costs related to issuances of common stock 0    
Proceeds from issuance of common stock, net   0  
Principal payments on debt   0  
Distribution of cash earned on employee participation plan   0 0
Issuance of senior unsecured notes, at par   0  
Issuance of senior secured notes, including premium     0
Interest (payments) / received (13,545) (23,815) (24,306)
Interest (payments) / received 40,924 41,710 35,088
Intercompany debt     (140,425)
Net cash from financing activities 37,074 10,284 (123,905)
Effect of exchange rate change on cash 0 0 0
Increase (decrease) in cash and cash equivalents 94,762 12,612 3,489
Cash and cash equivalents, beginning of year 140,683 128,071 124,582
Cash and cash equivalents, end of year 235,445 140,683 128,071
Foreign Non-Guarantor Subsidiaries
     
Condensed consolidating statement of cash flows      
Net cash from operating activities 185,280 190,595 106,944
Cash flows from investing activities:      
Additions to property, plant and equipment (134,812) (80,053) (55,982)
Proceeds from sales of fixed assets 3,621 4,315 6,137
Acquisitions, net of cash acquired 0 (53,311) (286,794)
Additions to intangible assets including costs to obtain or renew permits (1,493) (3,334) (2,462)
Purchase of marketable securities   (10,517)  
Proceeds from sales of marketable securities     425
Proceeds from sale of long-term investments     0
Other   4,620  
Investment in subsidiaries     79,713
Net cash used in investing activities (132,684) (138,280) (258,963)
Cash flows from financing activities:      
Change in uncashed checks 2,346 (5,309) 3,264
Proceeds from exercise of stock options 0 0 0
Remittance of shares, net 0 0 0
Excess tax benefit of stock-based compensation 0 0 0
Deferred financing costs paid 0 0 0
Proceeds from employee stock purchase plan 0 0 0
Payments on capital leases (4,664) (5,749) (7,017)
Issuance costs related to issuances of common stock 0    
Proceeds from issuance of common stock, net   0  
Principal payments on debt   0  
Distribution of cash earned on employee participation plan   0 (189)
Issuance of senior unsecured notes, at par   0  
Issuance of senior secured notes, including premium     0
Interest (payments) / received 13,545 13,805 14,120
Interest (payments) / received (40,924) (41,710) (35,088)
Intercompany debt     140,425
Net cash from financing activities (29,697) (38,963) 115,515
Effect of exchange rate change on cash (3,216) (484) 423
Increase (decrease) in cash and cash equivalents 19,683 12,868 (36,081)
Cash and cash equivalents, beginning of year 53,939 41,071 77,152
Cash and cash equivalents, end of year 73,622 53,939 41,071
Parent
     
Condensed consolidating statement of cash flows      
Net cash from operating activities 415,839 324,365 179,531
Cash flows from investing activities:      
Additions to property, plant and equipment (280,207) (197,397) (148,513)
Proceeds from sales of fixed assets 4,699 8,125 6,794
Acquisitions, net of cash acquired (63,264) (1,373,921) (336,960)
Additions to intangible assets including costs to obtain or renew permits (6,740) (4,046) (2,927)
Purchase of marketable securities   (10,517)  
Proceeds from sales of marketable securities     425
Proceeds from sale of long-term investments     1,000
Other   5,120  
Investment in subsidiaries     0
Net cash used in investing activities (345,512) (1,572,636) (480,181)
Cash flows from financing activities:      
Change in uncashed checks 12,268 (12,070) 9,822
Proceeds from exercise of stock options 400 288 1,350
Remittance of shares, net (731) (2,912) (4,061)
Excess tax benefit of stock-based compensation 1,409 2,556 3,352
Deferred financing costs paid (2,504) (19,056) (8,463)
Proceeds from employee stock purchase plan 7,425 6,196 3,516
Payments on capital leases (4,891) (6,599) (7,837)
Issuance costs related to issuances of common stock (250)    
Proceeds from issuance of common stock, net   369,520  
Principal payments on debt   (520,000)  
Distribution of cash earned on employee participation plan   (55) (189)
Issuance of senior unsecured notes, at par   1,400,000  
Issuance of senior secured notes, including premium     261,250
Interest (payments) / received 0 0 0
Interest (payments) / received 0 0 0
Intercompany debt     0
Net cash from financing activities 13,126 1,217,868 258,740
Effect of exchange rate change on cash (3,216) (484) 423
Increase (decrease) in cash and cash equivalents 80,237 (30,887) (41,487)
Cash and cash equivalents, beginning of year 229,836 260,723 302,210
Cash and cash equivalents, end of year $ 310,073 $ 229,836 $ 260,723