The heat causes thermal run-away where (for Li-Ion)
it catches fire and then can't be stopped. They vent violently.
For IMR...it's less violent...slower venting.
The heat also breaks down the guts of the battery...and can lead to an INTERNAL short or other internal issues (crystals?) that cause problems down the road.
So...heat is NOT a good and normal thing with Li-Ion. Not even good with IMR in my opinion, although people push the limits all the time.
I've got a power tool who's Lithium battery pack specifically says don't even use it above XX degrees F.
Also, you're forgetting he threw the thing out into the yard. Possible physical damage. We can't tell from here.
It's NOT like you're just releasing some magic trapped gas in there....the gasses come from combustion, and damage can cause it to combust as well as a dead-short.
Once you damage a Li battery, best to throw it out and get a new one. Now, the question is...Is it damaged? And we can't answer that on the net very well.