Harsco corp (HSC)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenues from continuing operations:
Revenues from continuing operations:
Total revenues

398,841

399,787

423,155

350,898

329,902

248,164

351,563

339,907

408,038

155,378

384,653

394,898

372,541

360,222

367,787

369,933

353,281

387,432

428,334

455,747

451,579

492,084

526,377

535,344

512,483

680,794

740,045

759,736

715,395

766,325

756,783

770,575

752,335

792,730

855,864

875,091

779,055

757,350

752,401

786,521

742,406

744,221

776,975

Costs and expenses from continuing operations:
Selling, general and administrative costs

72,499

65,866

63,197

67,501

56,406

44,972

51,049

49,609

57,083

26,591

59,993

54,385

53,937

46,318

50,249

49,520

50,784

55,221

64,526

58,463

63,902

72,200

67,774

77,969

66,794

107,792

124,004

125,623

124,698

126,136

121,856

125,594

129,203

127,722

129,006

141,162

137,789

131,129

131,405

133,763

136,327

125,443

130,915

Research and development expenses

1,260

1,614

1,341

1,120

749

336

1,344

1,006

1,239

-360

936

1,329

831

1,532

910

956

882

1,020

1,057

1,514

919

892

854

1,058

2,663

2,709

3,077

2,184

2,196

2,516

2,162

2,686

2,060

1,754

1,577

1,373

1,340

1,292

1,293

770

916

861

732

Loss on disposal of the Harsco Infrastructure Segment and transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

-

-

450

54

2,918

1,681

38,649

253,677

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Other expenses, net

-5,733

3,030

-383

1,717

-1,743

3,344

-335

1,014

-1,822

-5,598

1,237

-2,072

-894

-509

-1,741

-1,247

-9,123

-26,744

-17,392

358

13,205

-30,451

-513

-27,516

656

-12,952

228

-3,928

1,542

-39,441

-2,383

-22,876

-40,092

-98,309

-3,050

-910

-471

-88,493

-883

394

2,509

-6,898

-2,336

Total costs and expenses

395,960

379,876

376,410

333,099

310,078

233,833

309,804

301,843

371,497

157,108

350,024

351,749

343,934

334,660

339,211

368,619

343,850

381,234

420,606

420,018

412,698

512,162

477,933

526,650

480,256

691,692

948,422

708,889

689,610

1,022,231

706,388

735,936

765,022

849,378

805,036

810,658

750,019

813,095

708,331

724,654

714,167

687,797

706,616

Operating income from continuing operations

2,881

19,911

46,745

17,799

19,824

14,331

41,759

38,064

36,541

-1,730

34,629

43,149

28,607

25,562

28,576

1,314

9,431

6,198

7,728

35,729

38,881

-20,078

48,444

8,694

32,227

-10,898

-208,377

50,847

25,785

-255,906

50,395

34,639

-12,687

-56,648

50,828

64,433

29,036

-55,745

44,070

61,867

28,239

56,424

70,359

Interest income

193

406

445

591

533

505

575

577

498

854

610

493

512

715

673

552

535

623

264

431

256

440

555

410

297

463

388

830

406

671

1,449

882

674

729

683

619

720

819

737

651

461

888

512

Interest expense

12,649

12,157

12,819

6,103

5,507

647

5,620

5,681

9,583

-9,318

12,122

12,405

11,653

11,660

13,756

13,805

12,363

11,992

11,110

11,818

11,884

11,783

11,949

11,958

11,421

12,241

12,815

12,855

11,743

11,340

11,609

11,608

12,824

11,926

12,230

12,644

11,935

13,384

15,709

15,411

16,119

15,822

15,486

Unused debt commitment and amendment fees

488

-

158

7,435

0

-

125

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Defined benefit pension income (expense)

1,589

4,003

1,356

1,472

-1,338

-780

-934

-904

-839

541

680

675

699

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

-

0

-

-

-

-1,034

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value to unit adjustment liability

-

-

-

-

-

-

-

-

-

-

-

-

-

24,434

44,788

1,489

-12,217

14,983

-2,083

-2,164

-2,245

-2,323

-2,398

-2,473

-2,546

966

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from continuing operations before income taxes and equity income

-8,474

6,722

32,857

3,380

13,512

15,001

37,523

32,830

28,295

5,636

22,437

30,562

16,767

-22,134

-29,295

-13,428

-14,614

-7,170

-5,201

22,178

25,008

-33,744

34,652

-5,327

18,557

-23,642

-220,804

38,822

14,448

-266,575

40,235

23,913

-24,837

-67,845

39,281

52,408

17,821

-68,310

29,098

47,107

12,581

41,490

55,385

Income tax benefit (expense)

-700

2,414

12,600

4,000

1,200

-13,401

11,100

-500

8,300

52,403

8,300

11,234

6,253

-8,276

5,079

12,000

-2,166

733

6,985

7,105

12,855

6,287

13,925

4,843

5,311

4,707

10,795

11,508

4,965

3,189

13,545

10,446

4,498

25,035

7,078

13,335

4,400

-19,019

7,391

12,870

3,034

6,525

12,473

Equity income of unconsolidated entities, net

96

122

81

49

21

384

0

0

0

-

-

-

-

0

3,205

-694

3,175

571

3,105

-7,584

4,083

-2,615

5,805

-3,518

-1,230

533

434

595

-14

85

182

128

169

160

194

125

211

81

120

59

130

128

65

Income (loss) from continuing operations

-7,696

4,444

20,337

-565

12,314

28,704

26,469

33,332

20,029

-46,797

14,167

19,328

10,514

-13,858

-31,169

-26,122

-9,273

-7,332

-9,081

7,489

16,236

-42,646

26,532

-13,688

12,016

-27,816

-231,165

27,909

9,469

-269,679

26,872

13,595

-29,166

-92,720

32,397

39,198

13,632

-49,210

21,827

34,296

9,677

35,093

42,977

Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax

18,462

31,219

527,980

9,936

0

0

-11,408

11,988

-580

538

-578

628

-588

-727

-592

2,886

-506

-704

-637

434

-646

-276

-640

1,732

-640

-253

-640

-863

-642

-626

-52

-515

-650

-598

-636

-744

-1,328

-1,054

-1,406

-4,626

-163

-

-

Discontinued Operation, Gain From Disposal Of Discontinued Operation, Before Income Tax

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations:
Income (loss) from discontinued businesses

-225

-

272

-

13,750

-

10,866

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-17,183

-2,157

Income tax expense related to discontinued businesses

9,314

8,277

110,732

-1,558

3,527

2,298

2,684

2,609

-128

5,940

-207

225

-211

-269

-217

1,065

-187

-260

-235

161

-239

-102

-237

642

-237

-92

-239

-330

-245

-239

-248

-193

-244

-225

-229

-286

-503

-402

-511

-1,791

-414

-5,391

-688

Income from discontinued operations

8,923

36,451

417,520

11,494

10,223

19,370

8,182

9,379

-452

14,977

-371

403

-377

-458

-375

1,821

-319

-444

-402

273

-407

-174

-403

1,090

-403

-161

-401

-533

-397

-387

196

-322

-406

-373

-407

-458

-825

-652

-895

-2,835

251

-11,792

-1,469

Net income

1,227

40,895

437,857

10,929

22,537

48,074

34,651

42,711

19,577

-31,820

13,796

19,731

10,137

-14,316

-31,544

-24,301

-9,592

-7,776

-9,483

7,762

15,829

-42,820

26,129

-12,598

11,613

-27,977

-231,566

27,376

9,072

-270,066

27,068

13,273

-29,572

-93,093

31,990

38,740

12,807

-49,862

20,932

31,461

9,928

23,301

41,508

Less: Net income attributable to noncontrolling interests

1,086

1,666

2,506

2,287

1,840

2,161

1,804

2,222

1,769

1,584

498

693

1,247

1,322

1,443

1,872

1,277

-781

-827

1,187

565

1,547

1,532

14

1,402

2,258

2,090

3,578

1,827

-512

664

562

-203

-625

190

1,013

1,376

1,260

753

1,798

1,894

3,119

900

Net income attributable to Harsco Corporation

141

39,229

435,351

8,642

20,697

45,913

32,847

40,489

17,808

-33,404

13,298

19,038

8,890

-15,638

-32,987

-26,173

-10,869

-6,995

-8,656

6,575

15,264

-44,367

24,597

-12,612

10,211

-30,235

-233,656

23,798

7,245

-269,554

26,404

12,711

-29,369

-92,468

31,800

37,727

11,431

-51,122

20,179

29,663

8,034

20,182

40,608

Amounts attributable to Harsco Corporation common stockholders:
Income (loss) from continuing operations, net of tax

-8,782

2,778

17,831

-2,852

10,474

26,543

24,665

31,110

18,260

-48,381

13,669

18,635

9,267

-15,180

-32,612

-27,994

-10,550

-6,551

-8,254

6,302

15,671

-44,193

25,000

-13,702

10,614

-30,074

-233,255

24,331

7,642

-269,167

26,208

13,033

-28,963

-92,095

32,207

38,185

12,256

-50,470

21,074

32,498

7,783

31,974

42,077

Income from discontinued operations

8,923

36,451

417,520

11,494

10,223

19,370

8,182

9,379

-452

14,977

-371

403

-377

-458

-375

1,821

-319

-444

-402

273

-407

-174

-403

1,090

-403

-161

-401

-533

-397

-387

196

-322

-406

-373

-407

-458

-825

-652

-895

-2,835

251

-11,792

-1,469

Net income attributable to Harsco Corporation

141

39,229

435,351

8,642

20,697

45,913

32,847

40,489

17,808

-33,404

13,298

19,038

8,890

-15,638

-32,987

-26,173

-10,869

-6,995

-8,656

6,575

15,264

-44,367

24,597

-12,612

10,211

-30,235

-233,656

23,798

7,245

-269,554

26,404

12,711

-29,369

-92,468

31,800

37,727

11,431

-51,122

20,179

29,663

8,034

20,182

40,608

Weighted-average shares of common stock outstanding (in shares)

78,761

78,627

79,666

80,328

79,907

80,403

80,950

80,861

80,650

80,655

80,637

80,535

80,385

80,378

80,379

80,337

80,238

80,237

80,238

80,221

80,240

80,917

80,918

80,885

80,816

80,779

80,775

80,760

80,706

80,659

80,659

80,631

80,579

80,733

80,767

80,749

80,695

80,600

80,574

80,559

80,543

80,315

80,289

Basic earnings (loss) per common share attributable to Harsco Corporation common stockholders:
Continuing operations (in dollars per share)

-0.11

0.04

0.22

-0.04

0.13

0.34

0.30

0.38

0.23

-0.60

0.17

0.23

0.12

-0.18

-0.41

-0.35

-0.13

-0.09

-0.10

0.08

0.20

-0.55

0.31

-0.17

0.13

-0.36

-2.89

0.30

0.09

-3.33

0.32

0.16

-0.36

-1.14

0.40

0.47

0.15

-0.62

0.26

0.40

0.10

0.40

0.52

Discontinued operations (in dollars per share)

0.11

0.46

5.24

0.14

0.13

0.24

0.10

0.12

-0.01

0.17

0.00

0.01

0.00

-0.01

0.00

0.02

0.00

0.01

-0.01

0.00

-0.01

-0.01

0.00

0.01

0.00

-0.01

0.00

-0.01

0.00

0.00

0.00

0.00

-0.01

0.00

-0.01

-0.01

-0.01

-

-0.01

-0.04

-

-0.15

-0.02

Basic earnings (loss) per share attributable to Harsco Corporation common stockholders (in dollars per share)

0.00

0.50

5.46

0.11

0.26

0.57

0.41

0.50

0.22

-0.41

0.16

0.24

0.11

-0.19

-0.41

-0.33

-0.14

-0.08

-0.11

0.08

0.19

-0.54

0.30

-0.16

0.13

-0.37

-2.89

0.29

0.09

-3.35

0.33

0.16

-0.36

-1.14

0.39

0.47

0.14

-0.64

0.25

0.37

0.10

0.25

0.51

Diluted weighted-average shares of common stock outstanding (in shares)

78,761

82,409

81,110

80,328

81,653

83,314

83,879

83,643

83,544

73,963

83,136

82,850

82,263

80,378

80,379

80,337

80,238

80,452

80,238

80,418

80,352

80,530

81,099

80,885

81,022

80,311

80,775

81,004

80,930

80,157

80,910

80,882

80,579

79,953

81,037

81,010

80,944

80,804

80,762

80,735

80,743

80,631

80,554

Diluted earnings (loss) per common share attributable to Harsco Corporation common stockholders:
Continuing operations (in dollars per share)

-0.11

0.04

0.22

-0.04

0.13

0.32

0.29

0.37

0.22

-0.57

0.16

0.22

0.11

-0.18

-0.41

-0.35

-0.13

-0.09

-0.10

0.08

0.20

-0.55

0.31

-0.17

0.13

-0.36

-2.89

0.30

0.09

-3.33

0.32

0.16

-0.36

-1.14

0.40

0.47

0.15

-0.63

0.26

0.40

0.10

0.40

0.52

Discontinued operations (in dollars per share)

0.11

0.43

5.15

0.14

0.13

0.24

0.10

0.11

-0.01

0.18

0.00

0.00

0.00

-0.01

0.00

0.02

0.00

0.01

-0.01

0.00

-0.01

-0.01

0.00

0.01

0.00

-0.01

0.00

-0.01

0.00

0.00

0.00

0.00

-0.01

0.00

-0.01

-0.01

-0.01

-

-0.01

-0.04

-

-0.15

-0.02

Diluted earnings (loss) per share attributable to Harsco Corporation common stockholders (in dollars per share)

0.00

0.46

5.37

0.11

0.25

0.56

0.39

0.48

0.21

-0.40

0.16

0.23

0.11

-0.19

-0.41

-0.33

-0.14

-0.08

-0.11

0.08

0.19

-0.54

0.30

-0.16

0.13

-0.37

-2.89

0.29

0.09

-3.35

0.33

0.16

-0.36

-1.14

0.39

0.47

0.14

-0.64

0.25

0.37

0.10

0.25

0.50

Cash dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.20

0.20

0.20

-

0.20

0.20

0.20

-

0.20

0.20

0.20

-

0.20

0.20

0.20

-

0.20

0.20

0.20

-

0.20

0.20

0.20

0.20

0.20

Products And Services, Service Revenue [Member]
Total revenues

291,339

297,283

316,667

238,003

229,520

241,351

224,196

245,708

244,209

196,223

246,144

251,306

240,609

224,952

239,057

249,626

225,494

240,625

272,463

292,209

287,428

311,655

341,831

361,966

350,794

521,758

571,595

584,908

551,155

571,581

571,892

598,823

598,700

640,736

682,885

723,516

653,527

646,171

627,901

638,387

599,046

612,432

616,217

Cost of services sold

236,319

-

239,519

186,840

181,871

-

174,937

187,393

191,675

-

194,483

193,235

189,482

188,294

192,812

191,508

189,817

195,708

224,588

243,838

245,861

275,613

282,907

296,532

294,308

417,329

450,048

460,305

443,396

454,653

453,304

469,998

483,425

519,746

545,008

572,216

525,978

513,537

493,181

501,287

486,632

472,943

471,490

Product Revenues
Total revenues

107,502

102,504

106,488

112,895

100,382

6,813

127,367

94,199

163,829

-40,845

138,509

143,592

131,932

135,270

128,730

120,307

127,787

146,807

155,871

163,538

164,151

180,429

184,546

173,378

161,689

159,036

168,450

174,828

164,240

194,744

184,891

171,752

153,635

151,994

172,979

151,575

125,528

111,179

124,500

148,134

143,360

131,789

160,758

Cost of services sold

80,149

84,500

71,970

79,355

69,309

126

82,139

64,849

119,678

-35,020

95,849

100,728

98,790

98,007

93,499

125,388

93,244

102,541

112,043

116,561

115,221

132,556

125,831

120,657

115,466

112,261

117,844

116,849

120,862

134,447

126,683

114,782

110,242

101,847

126,395

94,997

84,441

78,644

81,569

89,228

92,801

81,652

101,143