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Business Segments (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
The following table illustrates the Company's revenues and profit (loss) from operations by segment for the periods indicated:
Three Months Ended
June 30, 2020
Three Months Ended
June 30, 2019
Net SalesSegment Profit (Loss)Net SalesSegment Profit
Rail Products and Services$74,939  $5,816  $101,401  $7,919  
Construction Products42,008  1,506  55,406  3,413  
Tubular and Energy Services28,819  (4,105) 44,126  5,019  
Total$145,766  $3,217  $200,933  $16,351  
Six Months Ended
June 30, 2020
Six Months Ended
June 30, 2019
Net SalesSegment Profit (Loss)Net SalesSegment Profit
Rail Products and Services$145,143  $6,987  $177,095  $11,398  
Construction Products71,042  (133) 92,751  4,247  
Tubular and Energy Services58,356  (3,493) 81,556  9,707  
Total$274,541  $3,361  $351,402  $25,352  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following table provides a reconciliation of segment net profit from operations to the Company’s consolidated total:
Three Months Ended
June 30,
Six Months Ended
June 30,
2020201920202019
Profit for reportable segments$3,217  $16,351  $3,361  $25,352  
Interest expense - net(1,090) (1,597) (1,907) (2,952) 
Other income - net2,292  252  2,427  402  
Unallocated corporate expenses and other unallocated charges(2,803) (3,757) (4,959) (7,225) 
Income (loss) before income taxes$1,616  $11,249  $(1,078) $15,577  
Reconciliation of Assets from Segment to Consolidated
The following table illustrates assets of the Company by segment:
June 30,
2020
December 31,
2019
Rail Products and Services$171,806  $186,323  
Construction Products99,894  83,049  
Tubular and Energy Services71,157  77,320  
Unallocated corporate assets54,507  58,479  
Total$397,364  $405,171