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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Total net sales $ 130,053 $ 118,365 $ 400,655 $ 381,835
Total cost of sales 107,777 96,304 333,388 308,514
Gross profit 22,276 22,061 67,267 73,321
Selling and administrative expenses 20,056 17,066 57,849 56,273
Amortization expense 1,462 1,428 4,397 4,271
Interest expense - net 722 940 2,454 2,841
Other income - net (2,880) (209) (2,751) (1,909)
Income from continuing operations before income taxes 2,916 2,836 5,318 11,845
Income tax expense (benefit) from continuing operations 676 (13,742) 1,494 (11,698)
Income from continuing operations 2,240 16,578 3,824 23,543
Net loss attributable to noncontrolling interest (30) 0 (64) 0
Income from continuing operations attributable to L.B. Foster Company 2,270 16,578 3,888 23,543
Discontinued operations:        
Income (loss) from discontinued operations before income taxes 72 (13,478) 72 (23,565)
Income tax benefit from discontinued operations 0 (3,730) 0 (5,509)
Income (loss) from discontinued operations 72 (9,748) 72 (18,056)
Net income attributable to L.B. Foster Company $ 2,342 $ 6,830 $ 3,960 $ 5,487
Basic income (loss) per common share:        
From continuing operations (usd per share) $ 0.21 $ 1.57 $ 0.36 $ 2.24
From discontinued operations (usd per share) 0.01 (0.92) 0.01 (1.72)
Basic income (loss) per common share (usd per share) 0.22 0.65 0.37 0.52
Diluted income (loss) per common share:        
From continuing operations (usd per share) 0.21 1.56 0.36 2.21
From discontinued operations (usd per share) 0.01 (0.92) 0.01 (1.69)
Diluted income (loss) per common share (usd per share) $ 0.22 $ 0.64 $ 0.37 $ 0.52
Sales of goods        
Total net sales $ 112,813 $ 101,945 $ 351,668 $ 321,212
Total cost of sales 93,521 82,881 292,733 263,537
Sales of services        
Total net sales 17,240 16,420 48,987 60,623
Total cost of sales $ 14,256 $ 13,423 $ 40,655 $ 44,977