GUARANTOR AND NON-GUARANTOR SUBSIDIARIES FINANCIAL INFORMATION (Tables)

6 Months Ended

Jun. 30, 2016

Guarantor and Non-Guarantor Subsidiaries Financial Information [Abstract]

Schedule of condensed consolidating balance sheet

Following is the condensed consolidating balance sheet at June 30, 2016 (in thousands):

	Clean Harbors, Inc.		U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries		Consolidating Adjustments			Total
Assets:
Cash and cash equivalents	$	51,291	$	224,493	$	77,139	$	—		$	352,923
Intercompany receivables	181,741		302,354		30,741		(514,836		)	—
Accounts receivable, net	—		407,601		96,148		—			503,749
Other current assets	378		198,612		63,472		—			262,462
Property, plant and equipment, net	—		1,138,285		456,702		—			1,594,987
Investments in subsidiaries	2,833,394		514,708		—		(3,348,102		)	—
Intercompany debt receivable	—		277,623		3,701		(281,324		)	—
Goodwill	—		369,978		91,513		—			461,491
Permits and other intangibles, net	—		423,932		68,292		—			492,224
Other long-term assets	1,412		9,559		13,574		—			24,545
Total assets	$	3,068,216	$	3,867,145	$	901,282	$	(4,144,262	)	$	3,692,381
Liabilities and Stockholders’ Equity:
Current liabilities	$	21,852	$	427,367	$	71,202	$	—		$	520,421
Intercompany payables	294,439		217,430		2,967		(514,836		)	—
Closure, post-closure and remedial liabilities, net	—		150,182		15,252		—			165,434
Long-term obligations	1,631,881		—		—		—			1,631,881
Intercompany debt payable	3,701		—		277,623		(281,324		)	—
Other long-term liabilities	—		238,772		19,530		—			258,302
Total liabilities	1,951,873		1,033,751		386,574		(796,160		)	2,576,038
Stockholders’ equity	1,116,343		2,833,394		514,708		(3,348,102		)	1,116,343
Total liabilities and stockholders’ equity	$	3,068,216	$	3,867,145	$	901,282	$	(4,144,262	)	$	3,692,381

Following is the condensed consolidating balance sheet at December 31, 2015 (in thousands):

	Clean Harbors, Inc.		U.S. Guarantor Subsidiaries		Foreign Non-Guarantor Subsidiaries		Consolidating Adjustments			Total
Assets:
Cash and cash equivalents	$	11,017	$	83,479	$	90,212	$	—		$	184,708
Intercompany receivables	164,709		213,243		39,804		(417,756		)	—
Accounts receivables, net	—		404,580		91,424		—			496,004
Other current assets	—		179,969		60,515		—			240,484
Property, plant and equipment, net	—		1,082,466		450,001		—			1,532,467
Investments in subsidiaries	2,547,307		522,067		—		(3,069,374		)	—
Intercompany debt receivable	—		260,957		3,701		(264,658		)	—
Goodwill	—		367,306		85,799		—			453,105
Permits and other intangibles, net	—		435,080		71,738		—			506,818
Other long-term assets	1,068		10,274		6,500		—			17,842
Total assets	$	2,724,101	$	3,559,421	$	899,694	$	(3,751,788	)	$	3,431,428
Liabilities and Stockholders’ Equity:
Current liabilities	$	20,813	$	424,588	$	71,719	$	—		$	517,120
Intercompany payables	220,762		195,287		1,707		(417,756		)	—
Closure, post-closure and remedial liabilities, net	—		153,190		14,656		—			167,846
Long-term obligations	1,382,543		—		—		—			1,382,543
Intercompany debt payable	3,701		—		260,957		(264,658		)	—
Other long-term liabilities	—		239,049		28,588		—			267,637
Total liabilities	1,627,819		1,012,114		377,627		(682,414		)	2,335,146
Stockholders’ equity	1,096,282		2,547,307		522,067		(3,069,374		)	1,096,282
Total liabilities and stockholders’ equity	$	2,724,101	$	3,559,421	$	899,694	$	(3,751,788	)	$	3,431,428

Schedule of condensed consolidating statement of income

Following is the consolidating statement of operations for the three months ended June 30, 2016 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	456,013		$	139,413		$	(10,864	)	$	584,562
Product revenues	—			95,648			19,391			(2,091		)	112,948
Total revenues	—			551,661			158,804			(12,955		)	697,510
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	(587		)	292,343			107,792			(10,864		)	388,684
Product cost of revenues	—			79,108			14,301			(2,091		)	91,318
Total cost of revenues	(587		)	371,451			122,093			(12,955		)	480,002
Selling, general and administrative expenses	37			83,882			23,144			—			107,063
Accretion of environmental liabilities	—			2,313			235			—			2,548
Depreciation and amortization	—			50,696			22,697			—			73,393
Income (loss) from operations	550			43,319			(9,365		)	—			34,504
Other expense (income)	—			400			(589		)	—			(189		)
Interest (expense) income	(22,962		)	1,284			31			—			(21,647		)
Equity in earnings of subsidiaries, net of taxes	17,413			(9,195		)	—			(8,218		)	—
Intercompany interest income (expense)	—			5,497			(5,497		)	—			—
(Loss) income before (benefit) provision for income taxes	(4,999		)	41,305			(15,420		)	(8,218		)	12,668
(Benefit) provision for income taxes	(8,965		)	23,892			(6,225		)	—			8,702
Net income (loss)	3,966			17,413			(9,195		)	(8,218		)	3,966
Other comprehensive loss	(1,178		)	(1,178		)	(597		)	1,775			(1,178		)
Comprehensive income (loss)	$	2,788		$	16,235		$	(9,792	)	$	(6,443	)	$	2,788

Following is the consolidating statement of operations for the three months ended June 30, 2015 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	628,408		$	190,657		$	(17,718	)	$	801,347
Product revenues	—			115,335			22,444			(2,898		)	134,881
Total revenues	—			743,743			213,101			(20,616		)	936,228
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	—			415,111			147,477			(17,718		)	544,870
Product cost of revenues	—			98,258			12,458			(2,898		)	107,818
Total cost of revenues	—			513,369			159,935			(20,616		)	652,688
Selling, general and administrative expenses	25			93,677			26,716			—			120,418
Accretion of environmental liabilities	—			2,287			312			—			2,599
Depreciation and amortization	—			44,602			23,171			—			67,773
Goodwill impairment charge	—			4,164			27,828			—			31,992
(Loss) income from operations	(25		)	85,644			(24,861		)	—			60,758
Other income (expense)	—			168			(828		)	—			(660		)
Interest (expense) income	(19,652		)	324			79			—			(19,249		)
Equity in earnings of subsidiaries, net of taxes	22,201			(29,550		)	—			7,349			—
Intercompany interest income (expense)	—			6,036			(6,036		)	—			—
Income (loss) before (benefit) provision for income taxes	2,524			62,622			(31,646		)	7,349			40,849
(Benefit) provision for income taxes	(7,871		)	40,421			(2,096		)	—			30,454
Net income (loss)	10,395			22,201			(29,550		)	7,349			10,395
Other comprehensive income	12,231			12,231			8,061			(20,292		)	12,231
Comprehensive income (loss)	$	22,626		$	34,432		$	(21,489	)	$	(12,943	)	$	22,626

Following is the consolidating statement of operations for the six months ended June 30, 2016 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	884,490		$	253,436		$	(23,133	)	$	1,114,793
Product revenues	—			185,236			38,104			(4,540		)	218,800
Total revenues	—			1,069,726			291,540			(27,673		)	1,333,593
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	(587		)	575,307			211,083			(23,133		)	762,670
Product cost of revenues	—			158,462			27,689			(4,540		)	181,611
Total cost of revenues	(587		)	733,769			238,772			(27,673		)	944,281
Selling, general and administrative expenses	61			164,537			46,949			—			211,547
Accretion of environmental liabilities	—			4,603			450			—			5,053
Depreciation and amortization	—			99,391			42,904			—			142,295
Income (loss) from operations	526			67,426			(37,535		)	—			30,417
Other income (expense)	—			312			(851		)	—			(539		)
Interest (expense) income	(43,105		)	2,395			83			—			(40,627		)
Equity in earnings of subsidiaries, net of taxes	8,642			(35,690		)	—			27,048			—
Intercompany interest income (expense)	—			10,656			(10,656		)	—			—
(Loss) income before (benefit) provision for income taxes	(33,937		)	45,099			(48,959		)	27,048			(10,749		)
(Benefit) provision for income taxes	(17,032		)	36,457			(13,269		)	—			6,156
Net (loss) income	(16,905		)	8,642			(35,690		)	27,048			(16,905		)
Other comprehensive gain	44,659			44,659			28,330			(72,989		)	44,659
Comprehensive gain (loss)	$	27,754		$	53,301		$	(7,360	)	$	(45,941	)	$	27,754

Following is the consolidating statement of operations for the six months ended June 30, 2015 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Revenues
Service revenues	$	—		$	1,046,925		$	384,110		$	(33,358	)	$	1,397,677
Product revenues	—			231,871			45,648			(6,469		)	271,050
Total revenues	—			1,278,796			429,758			(39,827		)	1,668,727
Cost of revenues (exclusive of items shown separately below)
Service cost of revenues	—			692,713			301,905			(33,358		)	961,260
Product cost of revenues	—			213,544			30,860			(6,469		)	237,935
Total cost of revenues	—			906,257			332,765			(39,827		)	1,199,195
Selling, general and administrative expenses	50			174,661			53,422			—			228,133
Accretion of environmental liabilities	—			4,593			625			—			5,218
Depreciation and amortization	—			90,403			45,726			—			136,129
Goodwill impairment charge	—			4,164			27,828			—			31,992
(Loss) income from operations	(50		)	98,718			(30,608		)	—			68,060
Other income (expense)	—			279			(530		)	—			(251		)
Interest (expense) income	(39,291		)	502			102			—			(38,687		)
Equity in earnings of subsidiaries, net of taxes	26,910			(36,579		)	—			9,669			—
Intercompany interest income (expense)	—			12,013			(12,013		)	—			—
(Loss) income before (benefit) provision for income taxes	(12,431		)	74,933			(43,049		)	9,669			29,122
(Benefit) provision for income taxes	(15,737		)	48,023			(6,470		)	—			25,816
Net income (loss)	3,306			26,910			(36,579		)	9,669			3,306
Other comprehensive loss	(65,172		)	(65,172		)	(42,574		)	107,746			(65,172		)
Comprehensive loss	$	(61,866	)	$	(38,262	)	$	(79,153	)	$	117,415		$	(61,866	)

Schedule of condensed consolidating statement of cash flows

Following is the condensed consolidating statement of cash flows for the six months ended June 30, 2016 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Net cash from (used in) operating activities	$	42,990		$	65,860		$	11,201		$	—		$	120,051
Cash flows used in investing activities:
Additions to property, plant and equipment	—			(105,175		)	(18,354		)	—			(123,529		)
Proceeds from sales of fixed assets	—			694			1,974			—			2,668
Acquisitions, net of cash acquired	—			(48,989		)	(10,000		)	—			(58,989		)
Costs to obtain or renew permits	—			(908		)	(65		)	—			(973		)
Purchase of available-for-sale securities	(102		)	—			(496		)	—			(598		)
Investment in subsidiaries	(250,625		)	—			—			250,625			—
Intercompany	—			(11,827		)	—			11,827			—
Net cash used in investing activities	(250,727		)	(166,205		)	(26,941		)	262,452			(181,421		)
Cash flows from (used in) financing activities:
Change in uncashed checks	—			(9,266		)	(1,756		)	—			(11,022		)
Exercise of stock options	184			—			—			—			184
Issuance of restricted shares, net of shares remitted	(1,879		)	—			—			—			(1,879		)
Repurchases of common stock	(10,134		)	—			—			—			(10,134		)
Excess tax benefit of stock-based compensation	2			—			—			—			2
Deferred financing costs paid	(2,614		)	—			—			—			(2,614		)
Issuance of senior secured notes, including premium	250,625			250,625			—			(250,625		)	250,625
Intercompany	11,827			—			—			(11,827		)	—
Net cash from (used in) financing activities	248,011			241,359			(1,756		)	(262,452		)	225,162
Effect of exchange rate change on cash	—			—			4,423			—			4,423
Increase (decrease) in cash and cash equivalents	40,274			141,014			(13,073		)	—			168,215
Cash and cash equivalents, beginning of period	11,017			83,479			90,212			—			184,708
Cash and cash equivalents, end of period	$	51,291		$	224,493		$	77,139		$	—		$	352,923

Following is the condensed consolidating statement of cash flows for the six months ended June 30, 2015 (in thousands):

	Clean Harbors, Inc.			U.S. Guarantor Subsidiaries			Foreign Non-Guarantor Subsidiaries			Consolidating Adjustments			Total
Net cash from operating activities	$	4,913		$	158,241		$	30,661		$	—		$	193,815
Cash flows used in investing activities:
Additions to property, plant and equipment	—			(104,068		)	(20,077		)	—			(124,145		)
Proceeds from sale of fixed assets	—			368			2,278			—			2,646
Acquisitions, net of cash acquired	—			(79,610		)	—			—			(79,610		)
Costs to obtain or renew permits	—			(4		)	(3,084		)	—			(3,088		)
Intercompany	—			(31,830		)	—			31,830			—
Net cash used in investing activities	—			(215,144		)	(20,883		)	31,830			(204,197		)
Cash flows used in financing activities:
Change in uncashed checks	—			(16,474		)	(5,686		)	—			(22,160		)
Proceeds from exercise of stock options	397			—			—			—			397
Issuance of restricted shares, net of shares remitted	(1,837		)	—			—			—			(1,837		)
Repurchases of common stock	(32,203		)	—			—			—			(32,203		)
Excess tax benefit of stock-based compensation	102			—			—			—			102
Payments of capital leases	—			(193		)	(278		)	—			(471		)
Intercompany	31,830			—			—			(31,830		)	—
Net cash used in financing activities	(1,711		)	(16,667		)	(5,964		)	(31,830		)	(56,172		)
Effect of exchange rate change on cash	—			—			(6,704		)	—			(6,704		)
Decrease in cash and cash equivalents	3,202			(73,570		)	(2,890		)	—			(73,258		)
Cash and cash equivalents, beginning of period	1,006			154,147			91,726			—			246,879
Cash and cash equivalents, end of period	$	4,208		$	80,577		$	88,836		$	—		$	173,621