| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
512,218 | 145,013 | 11,844 | -79,753 | 6,332 | -17,676 | -223,095 | -259,297 | -9,556 | 12,459 | 125,772 | 246,839 |
Adjustments to reconcile net income to net cash provided (used) by operating activities: | |||||||||||
Depreciation | |||||||||||
119,803 | 122,135 | 121,839 | 129,083 | 144,652 | 164,588 | 221,266 | 251,905 | 276,021 | 279,234 | 282,976 | 307,847 |
Amortization | |||||||||||
18,592 | 10,650 | 8,098 | 12,403 | 11,823 | 11,738 | 15,775 | 20,212 | 34,420 | 36,005 | 28,555 | 30,102 |
Change in fair value to unit adjustment liability | |||||||||||
- | - | - | 58,494 | 8,491 | 9,740 | 966 | 0 | - | - | - | - |
Contract estimated forward loss provision for Harsco Rail Segment | |||||||||||
- | - | - | 45,100 | 0 | 0 | - | - | - | - | - | - |
Loss on early extinguishment of debt | |||||||||||
-7,704 | -1,127 | -2,265 | -35,337 | 0 | 0 | - | - | - | - | - | - |
Deferred income tax expense | |||||||||||
6,815 | -6,522 | 57,349 | -7,654 | 5,174 | 7,241 | -24,277 | -14,281 | 20,826 | -26,617 | - | - |
Income (Loss) from Equity Method Investments | |||||||||||
273 | 384 | 0 | 5,686 | 175 | -1,558 | 1,548 | 564 | 690 | 390 | 504 | 901 |
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -1,747 |
Goodwill impairment charge | |||||||||||
- | - | - | - | - | - | - | 265,038 | 0 | 0 | - | - |
Loss on disposal of Harsco Infrastructure Segment | |||||||||||
- | - | - | - | - | 2,911 | 272,250 | 0 | 0 | - | - | - |
Harsco Infrastructure Segment 2010 Restructuring Program non-cash adjustment | |||||||||||
- | - | - | - | - | - | - | - | - | 43,158 | - | - |
Other, net | |||||||||||
-1,764 | -2,666 | -749 | -2,633 | 5,740 | -39,376 | -2,735 | 27,932 | 7,432 | 20,629 | -6,145 | 61,244 |
Changes in assets and liabilities: | |||||||||||
Accounts receivable | |||||||||||
3,464 | 16,881 | 32,012 | -16,041 | -41,650 | -6,475 | 33,953 | -22,016 | 58,011 | -4,395 | -111,207 | -34,198 |
Increase (Decrease) in Insurance Settlements Receivable | |||||||||||
195,000 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Inventories | |||||||||||
42,484 | 14,706 | -19,557 | 12,313 | 44,806 | 20,788 | -18,740 | -1,199 | -7,976 | -12,599 | -35,798 | 24,238 |
Contract assets | |||||||||||
21,795 | 3,312 | 0 | 0 | - | - | - | - | - | - | - | - |
Accounts payable | |||||||||||
13,407 | 18,347 | 12,554 | -20,194 | -136 | -29,416 | 14,834 | -37,649 | -2,713 | 36,529 | -54,701 | -22,144 |
Accrued interest payable | |||||||||||
14,723 | -154 | 438 | -3,197 | -2,753 | 70 | -1,836 | -319 | -375 | -2,615 | -1,305 | 3,841 |
Accrued compensation | |||||||||||
-15,759 | -1,127 | 11,126 | 8,865 | -10,319 | 5,699 | -9,860 | 517 | 12,554 | 16,305 | -23,402 | -15,843 |
Increase (Decrease) in Deferred Pension Costs | |||||||||||
- | - | - | - | - | 27,775 | - | - | - | - | - | - |
Harsco Infrastructure Segment 2010 Restructuring Program accrual | |||||||||||
- | - | - | - | - | - | -6,788 | -5,211 | -19,629 | 29,817 | - | - |
Harsco 2011/2012 Restructuring Program accrual | |||||||||||
- | - | - | - | -398 | -2,672 | -17,705 | -7,883 | 30,471 | 0 | - | - |
Retirement plan liabilities, net | |||||||||||
-24,022 | -33,321 | -21,300 | -20,420 | -24,593 | - | - | - | - | - | - | - |
Advances on contracts and other customer advances | |||||||||||
-4,172 | 3,057 | -16,811 | 14,485 | -795 | 92,769 | -21,365 | -63,923 | - | - | - | 92,580 |
Increase (Decrease) in Operating Liabilities | |||||||||||
-14,740 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Insurance liability | |||||||||||
-195,000 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Increase (Decrease) in Income Taxes Payable | |||||||||||
12,373 | 0 | 0 | - | - | - | - | - | - | - | - | -76,346 |
Other assets and liabilities | |||||||||||
24,617 | 33,527 | -3,368 | 13,314 | 6,663 | 17,111 | 18,517 | -23,015 | 52,632 | 18,999 | 76,493 | 65,134 |
Net cash provided (used) by operating activities | |||||||||||
-163 | 192,022 | 176,892 | 159,876 | 121,772 | 226,727 | 187,659 | 198,594 | 298,776 | 401,427 | 434,458 | 574,276 |
Gain (loss) on Extinguishment of debt, Cash Flow | |||||||||||
5,314 | - | - | - | - | - | - | - | - | - | - | - |
Dividends from unconsolidated entities | |||||||||||
125 | 88 | 93 | 16 | 28 | 0 | 37 | 308 | 226 | 176 | 410 | 484 |
Gain on disposition of business | |||||||||||
-569,135 | - | - | - | - | - | - | - | - | - | - | - |
Cash flows from investing activities: | |||||||||||
Purchases of property, plant and equipment | |||||||||||
184,973 | 132,168 | 98,314 | 69,340 | 123,552 | 208,859 | 245,551 | 264,738 | 313,101 | 192,348 | 165,320 | 457,617 |
Payments to Acquire Businesses, Net of Cash Acquired | |||||||||||
623,495 | 56,389 | 0 | 26 | 7,788 | 26,336 | 2,849 | 740 | 1,938 | 27,643 | 103,241 | 15,539 |
Proceeds from Divestiture of Businesses | |||||||||||
658,414 | 0 | 0 | - | - | 15,699 | 303,039 | 0 | 0 | - | - | - |
Proceeds from Sale of Productive Assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 24,516 |
Proceeds from sales of assets | |||||||||||
17,022 | 11,887 | 13,418 | 9,305 | 25,966 | 14,976 | 18,984 | 49,779 | 42,653 | 22,663 | 2,115 | - |
Expenditures for intangible assets | |||||||||||
1,311 | 0 | 0 | 0 | 4,078 | 17,575 | 0 | 0 | - | - | - | - |
Payments to Acquire Equity Method Investments | |||||||||||
2,364 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Payments for Hedge, Investing Activities | |||||||||||
2,758 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Payment of unit adjustment liability | |||||||||||
- | - | - | - | 22,320 | 22,320 | 2,123 | 0 | - | - | - | - |
Proceeds from Sale of Equity Method Investments | |||||||||||
- | - | - | 165,640 | 0 | 0 | - | - | - | - | - | - |
Net proceeds (payments) from settlement of foreign currency forward exchange contracts | |||||||||||
-7,273 | -15,527 | 18,429 | -17,238 | 3,161 | - | - | - | - | - | - | - |
Other investing activities, net | |||||||||||
- | - | - | -70 | -482 | 2,721 | 8,219 | 3,284 | -16,564 | 4,695 | 2,914 | -5,222 |
Net cash provided (used) by investing activities | |||||||||||
-132,192 | -161,143 | -103,325 | 122,887 | -130,373 | -229,561 | 63,281 | -218,983 | -255,822 | -202,023 | -269,360 | -443,418 |
Cash flows from financing activities: | |||||||||||
Short-term borrowings, net | |||||||||||
-5,398 | 1,932 | 5,061 | -2,350 | 18,875 | 8,851 | -1,901 | -43,464 | 21,637 | -25,706 | -79,670 | 65,239 |
Current maturities and long-term debt: | |||||||||||
Additions | |||||||||||
848,314 | 128,858 | 27,985 | 720,727 | 427,996 | 177,499 | 316,804 | 285,850 | 301,515 | 747,213 | 482,493 | 975,393 |
Reductions | |||||||||||
661,620 | 116,988 | 108,280 | 979,567 | 399,533 | 131,007 | 498,600 | 184,372 | 297,854 | 821,038 | 487,171 | 996,173 |
Cash dividends paid on common stock | |||||||||||
- | - | - | 4,105 | 65,730 | 66,322 | 66,211 | 66,068 | 66,146 | 65,976 | 63,813 | 65,632 |
Dividends paid to noncontrolling interests | |||||||||||
4,712 | 5,480 | 2,445 | 1,702 | 4,498 | 2,186 | 3,381 | 2,605 | 4,171 | 5,850 | 3,487 | 5,595 |
Sale of noncontrolling interests | |||||||||||
4,026 | 477 | -3,412 | -4,731 | - | - | - | - | - | - | - | - |
Purchase of noncontrolling interests | |||||||||||
- | - | - | - | 395 | 0 | 166 | 0 | 0 | 1,159 | 13,057 | - |
Stock-based compensation - Employee taxes paid | |||||||||||
11,234 | 3,730 | 1,688 | 91 | 265 | - | - | - | - | - | - | - |
Contributions from noncontrolling interests | |||||||||||
- | - | - | - | - | - | 4,825 | 8,097 | 8,851 | 698 | 5,332 | - |
Common stock issued-options | |||||||||||
- | - | - | - | - | - | 371 | 725 | 2,403 | 997 | 995 | 1,831 |
Common stock acquired for treasury | |||||||||||
31,838 | 30,011 | 0 | 0 | 12,143 | 941 | 0 | 0 | 5,788 | 0 | - | 128,577 |
Proceeds from cross-currency interest rate swap termination | |||||||||||
- | - | - | 16,625 | 75,057 | 0 | 0 | - | - | - | - | - |
Payments of Merger Related Costs, Financing Activities | |||||||||||
- | - | - | 20,600 | 7,688 | 7,688 | 0 | 0 | - | - | - | - |
Payments of Financing Costs | |||||||||||
11,272 | 596 | 42 | 16,530 | 9,487 | - | - | - | - | - | - | - |
Other financing activities, net | |||||||||||
-532 | 0 | -894 | 0 | 0 | 0 | -405 | -2,709 | -1 | -700 | -5,705 | -2,025 |
Net cash provided by financing activities | |||||||||||
125,734 | -25,538 | -83,715 | -292,364 | 22,189 | -21,794 | -248,664 | -4,546 | -39,554 | -171,521 | -164,083 | -155,539 |
Effect of exchange rate changes on cash and cash equivalents, including restricted cash | |||||||||||
-793 | -4,404 | 4,478 | 1,724 | 3,325 | -6,134 | -3,921 | -999 | -6,454 | 2,171 | 1,833 | -5,816 |
Net increase in cash and cash equivalents, including restricted cash | |||||||||||
-7,414 | 937 | -5,670 | -7,877 | 16,913 | -30,762 | -1,645 | -25,934 | -3,054 | 30,054 | 2,848 | -30,497 |
Change in accrual for purchases of property, plant and equipment included in accounts payable | |||||||||||
5,164 | 7,567 | -666 | - | - | - | - | - | - | - | - | - |
Purchase of businesses, net of cash acquired | |||||||||||
Working Capital Acquired | |||||||||||
-26,663 | 1,295 | 0 | 0 | 560 | 1,107 | 0 | 0 | - | 1,918 | - | - |
Property, plant and equipment | |||||||||||
77,295 | 3,327 | 0 | 0 | 72 | 330 | 2,437 | 0 | 1,394 | 15,600 | - | - |
Goodwill | |||||||||||
330,230 | 22,518 | 0 | 0 | 3,490 | 6,839 | 0 | 0 | - | - | - | - |
Long-term debt acquired | |||||||||||
-605 | -335 | - | - | - | - | - | - | - | - | - | - |
Other noncurrent assets and liabilities, net | |||||||||||
189,912 | 32,174 | 0 | 26 | -412 | 485 | 412 | 740 | 544 | 10,125 | - | - |
Payments to Acquire Businesses, Net of Cash Acquired | |||||||||||
623,495 | 56,389 | 0 | 26 | 7,788 | 26,336 | 2,849 | 740 | 1,938 | 27,643 | 103,241 | 15,539 |
Restructuring Costs, Program Two | |||||||||||
- | 0 | 0 | - | - | - | - | 31,443 | 67,320 | 0 | - | - |