Other Expense (Income) (Tables)

12 Months Ended

Dec. 31, 2017

Other Income and Expenses [Abstract]

Other Income

The following table summarizes the Company’s other expense (income) for the years ended December 31, 2019 and 2018.

	2019		2018
Loss on U.S. pension settlement (a)	$	2,210	$	—
Loss on Construction Segment relocation and closure activities (b)	1,768		—
Loss on Tubular and Energy Segment closure activities (c)	1,716		—
Loss on Tubular and Energy Segment asset sale (d)	—		269
Loss on Tubular and Energy Segment fixed asset sales or disposals (e)	—		786
Gain on prior Rail Segment warranty claim (f)	—		(525)
Foreign currency losses (gains)	202		(483)
Other	(1,404)		(508)
Other expense (income) - net	$	4,492	$	(461)

a.In the fourth quarter of 2019, the Company recorded an expense of $2,210 resulting from settlements within our U.S. defined benefit pension plan.

b.During the fourth quarter of 2019, the Company announced and commenced the relocation and closure of the Spokane, WA concrete products facility and the subsequent relocation to Boise, ID, which was completed during the first quarter of 2020. This activity resulted in expense of $1,768 within the Construction Products segment.

c.In 2019, three sites within the Tubular and Energy Services segment ceased operations or were held for sale, resulting in closure costs of $1,716.

d.On June 19, 2018, the Company sold 54.5 acres of land in Willis, TX for $2,047, resulting in a pretax loss of $269 within our Tubular and Energy Services segment.

e.During 2018, the Tubular and Energy Services segment sold or disposed of certain non-core assets, which resulted in a loss of $786.

f.In 2018, the Rail Products and Services segment received a reimbursement of $525 for a 2016 warranty claim on a transit project.