Business Segments (Tables)
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12 Months Ended |
Dec. 31, 2018 |
Segment Reporting [Abstract] |
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Reconciliation of Revenue from Segments to Consolidated |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Sales | | Segment Profit | | Segment Assets | | Depreciation/Amortization | | Expenditures for Long-Lived Assets | Rail Products and Services | | $ | 319,524 | | $ | 19,468 | | $ | 175,704 | | $ | 6,810 | | $ | 941 | Construction Products | | 158,653 | | 6,798 | | 97,133 | | 1,728 | | 796 | Tubular and Energy Services | | 148,792 | | 12,647 | | 90,402 | | 8,790 | | 3,212 | Total | | $ | 626,969 | | $ | 38,913 | | $ | 363,239 | | $ | 17,328 | | $ | 4,949 |
The operating results and assets of the Company's operating segments were as follows as of and for the year ended December 31, 2017: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Sales | | Segment Profit | | Segment Assets | | Depreciation/Amortization | | Expenditures for Long-Lived Assets | Rail Products and Services | | $ | 256,127 | | $ | 11,078 | | $ | 192,038 | | $ | 7,004 | | $ | 2,915 | Construction Products | | 161,801 | | 14,040 | | 83,154 | | 1,955 | | 1,390 | Tubular and Energy Services | | 118,449 | | 3,483 | | 100,706 | | 9,410 | | 1,282 | Total | | $ | 536,377 | | $ | 28,601 | | $ | 375,898 | | $ | 18,369 | | $ | 5,587 |
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Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
Reconciliations of reportable segment net sales, profits, assets, depreciation/amortization, and expenditures for long-lived assets to the Company’s consolidated totals are as follows as of and for the years ended December 31: | | | | | | | | | | | | | | | | | | | 2018 | | 2017* | | | Income from Operations: | | | | | | | Total segment profit | | $ | 38,913 | | $ | 28,601 | | | Interest expense - net | | (6,154) | | (8,070) | | | Other income | | 461 | | 373 | | | Concrete Tie Settlement expense (Note 19) | | (43,400) | | — | | | Corporate expense and other unallocated charges | | (16,531) | | (10,853) | | | (Loss) income before income taxes | | $ | (26,711) | | $ | 10,051 | | | Assets: | | | | | | | Total segment assets | | $ | 363,239 | | $ | 375,898 | | | Unallocated corporate assets | | 20,010 | | 25,845 | | | | | | | | | | Assets | | $ | 383,249 | | $ | 401,743 | | | Depreciation/Amortization: | | | | | | | Total segment depreciation/amortization | | $ | 17,328 | | $ | 18,369 | | | Other | | 1,265 | | 1,472 | | | Depreciation/amortization | | $ | 18,593 | | $ | 19,841 | | | Expenditures for Long-Lived Assets: | | | | | | | Total segment expenditures for long-lived assets | | $ | 4,949 | | $ | 5,587 | | | | | | | | | | Other expenditures | | 302 | | 562 | | | Expenditures for long-lived assets | | $ | 5,251 | | $ | 6,149 | | |
* Year ended December 31, 2017 amounts have been revised to reflect the change in inventory accounting method, as described in Notes 1 and 6 to the Consolidated Financial Statements.
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Revenue from Customer by Major Geographical Region |
The following table summarizes the Company’s sales by major geographic region in which the Company has operations for the years ended December 31: | | | | | | | | | | | | | | | | | | | 2018 | | 2017 | | | United States | | $ | 484,907 | | $ | 431,868 | | | United Kingdom | | 66,451 | | 37,237 | | | Canada | | 42,810 | | 38,859 | | | Other | | 32,801 | | 28,413 | | | Total net sales | | $ | 626,969 | | $ | 536,377 | | |
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Reconciliation of Assets from Segment to Consolidated |
The following table summarizes the Company’s long-lived assets by geographic region as of December 31: | | | | | | | | | | | | | | | | | | | 2018 | | 2017 | | | United States | | $ | 81,135 | | $ | 89,439 | | | Canada | | 4,036 | | 4,788 | | | United Kingdom | | 1,671 | | 1,850 | | | Other | | 15 | | 19 | | | Total property, plant, and equipment - net | | $ | 86,857 | | $ | 96,096 | | |
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Schedule of Revenues by Major Product Line |
The following table summarizes the Company’s sales by major product line for the years ended December 31: | | | | | | | | | | | | | | | | | | | 2018 | | 2017 | | | Rail Products | | $ | 188,590 | | $ | 155,870 | | | Rail Technologies | | 130,934 | | 100,257 | | | Piling and Fabricated Bridge Products | | 102,246 | | 105,924 | | | Protective Coatings and Measurement Systems | | 89,026 | | 67,766 | | | Test, Inspection, and Threading Services | | 59,766 | | 50,683 | | | Precast Concrete Products | | 56,407 | | 55,877 | | | Total net sales | | $ | 626,969 | | $ | 536,377 | | |
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