Business Segments (Tables)

9 Months Ended

Sep. 30, 2018

The following table illustrates the Company's revenues and profit from operations by segment for the periods indicated:


	Three Months Ended September 30, 2018						Three Months Ended September 30, 2017
	Net Sales		Segment Profit		Net Sales		Segment Profit
Rail Products and Services	$	84,517	$	5,299	$	62,095	$	3,179
Construction Products	41,534		1,603		39,118		3,846
Tubular and Energy Services	41,043		4,274		30,279		2,093
Total	$	167,094	$	11,176	$	131,492	$	9,118

	Nine Months Ended September 30, 2018						Nine Months Ended September 30, 2017
	Net Sales		Segment Profit		Net Sales		Segment Profit
Rail Products and Services	$	238,571	$	12,655	$	187,922	$	7,581
Construction Products	112,641		4,478		121,905		10,617
Tubular and Energy Services	111,226		10,704		85,227		1,287
Total	$	462,438	$	27,837	$	395,054	$	19,485

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


	Three Months Ended September 30,						Nine Months Ended September 30,
	2018		2017		2018		2017
Profit for reportable segments	$	11,176	$	9,118	$	27,837	$	19,485
Interest expense	(1,367)		(2,026)		(4,979)		(6,315)
Interest income	71		56		166		166
Other (expense) income	(153)		551		327		564
LIFO expense	(1,701)		(1,552)		(2,414)		(1,733)
Equity in (loss) income of nonconsolidated investments	(4)		50		(7)		(5)
Unallocated corporate expenses and other unallocated charges	(3,297)		(3,183)		(12,089)		(7,640)
Income before income taxes	$	4,725	$	3,014	$	8,841	$	4,522

The following table illustrates assets of the Company by segment:


	September 30, 2018		December 31, 2017
Rail Products and Services	$	171,183	$	192,038
Construction Products	92,996		83,154
Tubular and Energy Services	90,984		100,706
Unallocated corporate assets	15,383		20,658
Total	$	370,546	$	396,556