Company: CLH
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000822818-25-000030
Chunk: 36

Company: CLEAN HARBORS INC
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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 accumulated other comprehensive loss— — (7,114)— (7,114)Tax (provision) benefit— (25)3,576 — 3,551 Other comprehensive income (loss)24,714 95 (9,670)(33)15,106 Balance at June 30, 2025$(211,988)$128 $13,982 $(651)$(198,529)The amount realized in the unaudited consolidated statement of operations during the three and six months ended June 30, 2025 which was reclassified out of accumulated other comprehensive loss was as follows (in thousands):Component of Accumulated Other Comprehensive LossThree Months Ended June 30, 2025Six Months Ended June 30, 2025LocationUnrealized Gain on Fair Value of Interest Rate Hedges$3,575 $7,114 Interest expense, net of interest income

(14) STOCK-BASED COMPENSATION

Total stock-based compensation cost recognized for the three and six months ended June 30, 2025 was $6.1 million and $13.7 million, respectively. Total stock-based compensation cost recognized for the three and six months ended June 30, 2024 was $8.5 million and $14.9 million, respectively. The total income tax benefit recognized in the unaudited consolidated statements of operations from stock-based compensation expense for the three and six months ended June 30, 2025 was $0.9 million and $2.2 

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million, respectively. The total income tax benefit recognized in the unaudited consolidated statements of operations from stock-based compensation expense for the three and six months ended June 30, 2024 was $1.5 million and $2.7 million, respectively.Restricted Stock AwardsThe following table summarizes information about restricted stock awards for the six months ended June 30, 2025:Restricted StockNumber of SharesWeighted AverageGrant-DateFair ValueBalance at January 1, 2025387,960 $143.69 Granted81,600 228.39 Vested(97,116)135.18 Forfeited(24,363)143.52 Balance at June 30, 2025348,081 $165.93 As of June 30, 2025, there was $44.7 million of total unrecognized compensation cost arising