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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Total net sales $ 154,522 $ 141,563 $ 270,602 $ 263,470
Total cost of sales 128,361 113,425 225,611 212,210
Gross profit 26,161 28,138 44,991 51,260
Selling and administrative expenses 19,767 18,870 37,793 39,207
Amortization expense 1,470 1,413 2,935 2,843
Interest expense - net 861 1,089 1,732 1,901
Other expense (income) - net 70 (2,306) 129 (1,700)
Income from continuing operations before income taxes 3,993 9,072 2,402 9,009
Income tax expense from continuing operations 1,139 2,102 818 2,044
Income from continuing operations 2,854 6,970 1,584 6,965
Net loss attributable to noncontrolling interest (22) 0 (34) 0
Income from continuing operations attributable to L.B. Foster Company 2,876 6,970 1,618 6,965
Discontinued operations:        
Loss from discontinued operations before income taxes 0 (7,456) 0 (10,087)
Income tax benefit from discontinued operations 0 (1,009) 0 (1,779)
Loss from discontinued operations 0 (6,447) 0 (8,308)
Net income (loss) attributable to L.B. Foster Company $ 2,876 $ 523 $ 1,618 $ (1,343)
Basic income (loss) per common share:        
From continuing operations (usd per share) $ 0.27 $ 0.66 $ 0.15 $ 0.66
From discontinued operations (usd per share) 0 (0.61) 0 (0.79)
Basic income (loss) per common share (usd per share) 0.27 0.05 0.15 (0.13)
Diluted income (loss) per common share:        
From continuing operations (usd per share) 0.27 0.66 0.15 0.66
From discontinued operations (usd per share) 0 (0.61) 0 (0.79)
Diluted income (loss) per common share (usd per share) $ 0.27 $ 0.05 $ 0.15 $ (0.13)
Sales of goods        
Total net sales $ 138,309 $ 122,879 $ 238,855 $ 219,267
Total cost of sales 115,087 100,177 199,212 180,656
Sales of services        
Total net sales 16,213 18,684 31,747 44,203
Total cost of sales $ 13,274 $ 13,248 $ 26,399 $ 31,554