Business Segments (Tables)

12 Months Ended

Dec. 31, 2019

Reconciliation of Revenue from Segments to Consolidated

The operating results and assets of the Company’s operating segments were as follows as of and for the year ended December 31, 2019:


	Net Sales		Segment Profit		Segment Assets		Depreciation/Amortization		Expenditures for Long-Lived Assets
Rail Products and Services	$	321,808	$	19,641	$	186,323	$	6,469	$	2,293
Construction Products	182,486		5,726		83,049		1,660		1,266
Tubular and Energy Services	150,763		11,147		77,320		8,174		4,920
Total	$	655,057	$	36,514	$	346,692	$	16,303	$	8,479

The operating results and assets of the Company’s operating segments were as follows as of and for the year ended December 31, 2018:


	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

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:


	2019		2018
Income from Operations:
Total segment profit	$	36,514	$	38,913
Interest expense - net	(4,920)		(6,154)
Other (expense) income	(4,492)		461
Concrete Tie Settlement expense (Note 18)	—		(43,400)
Corporate expense and other unallocated charges	(9,705)		(16,531)
Income (loss) before income taxes	$	17,397	$	(26,711)
Assets:
Total segment assets	$	346,692	$	363,239
Unallocated corporate assets	58,479		20,010

Assets	$	405,171	$	383,249
Depreciation/Amortization:
Total segment depreciation/amortization	$	16,303	$	17,328
Other	1,328		1,265
Depreciation/amortization	$	17,631	$	18,593
Expenditures for Long-Lived Assets:
Total segment expenditures for long-lived assets	$	8,479	$	4,949

Other expenditures for long-lived assets	352		302
Expenditures for long-lived assets	$	8,831	$	5,251

Revenue from Customer by Major Geographical Region

The following table summarizes the Company’s sales by major geographic region in which the Company had operations for the years ended December 31:


	2019		2018
United States	$	529,363	$	484,907
United Kingdom	41,879		66,451
Canada	57,574		42,810
Other	26,241		32,801
Total net sales	$	655,057	$	626,969

Reconciliation of Assets from Segment to Consolidated

The following table summarizes the Company’s long-lived assets by geographic region as of December 31:


	2019		2018
United States	$	77,101	$	81,135
Canada	3,590		4,036
United Kingdom	1,610		1,671
Other	13		15
Total property, plant, and equipment - net	$	82,314	$	86,857

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:


	2019		2018
Rail Products	$	194,464	$	188,590
Rail Technologies	127,344		130,934
Piling and Fabricated Bridge Products	114,076		102,246
Protective Coatings and Measurement Systems	99,760		89,026
Precast Concrete Products	68,410		56,407
Test, Inspection, and Threading Services	51,003		59,766
Total net sales	$	655,057	$	626,969