Business Segments (Tables)

9 Months Ended

Sep. 30, 2017

The following table illustrates revenues and profits (losses) from operations of the Company by segment for the periods indicated:



	Three Months Ended September 30, 2017				Nine Months Ended September 30, 2017
	Net Sales		Segment Profit		Net Sales		Segment Profit
Rail Products and Services	$	62,095	$	3,472	$	187,922	$	8,938
Construction Products	39,118		3,387		121,905		9,156
Tubular and Energy Services	30,279		2,298		85,227		1,774
Total	$	131,492	$	9,157	$	395,054	$	19,868



	Three Months Ended September 30, 2016					Nine Months Ended September 30, 2016
	Net Sales		Segment Profit (Loss)			Net Sales		Segment Profit (Loss)
Rail Products and Services	$	56,891	$	(2,047	)	$	188,686	$	(26,474	)
Construction Products	34,870		1,356			107,098		5,748
Tubular and Energy Services	22,883		(6,966		)	81,164		(111,876		)
Total	$	114,644	$	(7,657	)	$	376,948	$	(132,602	)

The following table provides a reconciliation of reportable segment net profit (loss) from operations to the Company’s consolidated total:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Profit (loss) for reportable segments	$	9,157		$	(7,657	)	$	19,868		$	(132,602	)
Interest expense	(2,026		)	(1,520		)	(6,315		)	(4,342		)
Interest income	56			50			166			157
Other income	551			1,085			564			263
LIFO (expense) income	(1,552		)	917			(1,733		)	1,442
Equity in income (loss) of nonconsolidated investments	50			(263		)	(5		)	(946		)
Corporate expense, cost of capital elimination, and other unallocated charges	(3,222		)	(1,973		)	(8,023		)	(6,907		)
Income (loss) before income taxes	$	3,014		$	(9,361	)	$	4,522		$	(142,935	)

The following table illustrates assets of the Company by segment:



	September 30, 2017		December 31, 2016
Rail Products and Services	$	198,761	$	174,049
Construction Products	88,542		81,074
Tubular and Energy Services	100,046		100,006
Unallocated corporate assets	21,815		37,894
Total	$	409,164	$	393,023