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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 10,372 $ 7,564
Accounts receivable - net (Note 6) 55,911 58,298
Contract assets (Note 4) 36,179 37,843
Inventories - net (Note 7) 62,871 78,617
Other current assets 14,146 12,997
Total current assets 179,479 195,319
Property, plant, and equipment - net (Note 8) 58,222 62,085
Operating lease right-of-use assets - net (Note 9) 15,131 16,069
Other assets:    
Goodwill (Note 5) 20,152 20,340
Other intangibles - net (Note 5) 31,023 36,897
Deferred tax assets (Note 14) 37,242 38,481
Other assets 1,346 1,204
TOTAL ASSETS 342,595 370,395
Current liabilities:    
Accounts payable 41,411 54,787
Deferred revenue (Note 4) 13,411 7,144
Accrued payroll and employee benefits 9,517 9,182
Current portion of accrued settlement (Note 18) 8,000 8,000
Current maturities of long-term debt (Note 10) 98 119
Other accrued liabilities 13,757 15,740
Current liabilities of discontinued operations (Note 3) 0 330
Total current liabilities 86,194 95,302
Long-term debt (Note 10) 31,153 44,905
Deferred tax liabilities (Note 14) 3,753 4,085
Long-term portion of accrued settlement (Note 18) 16,000 24,000
Long-term operating lease liabilities (Note 9) 12,279 13,516
Other long-term liabilities 9,606 11,757
Stockholders' equity:    
Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at December 31, 2021 and December 31, 2020, 11,115,779; shares outstanding at December 31, 2021 and December 31, 2020, 10,670,343 and 10,563,290, respectively (Note 11) 111 111
Paid-in capital 43,272 44,583
Retained earnings 168,733 165,107
Treasury stock - at cost, common stock, shares at December 31, 2021 and December 31, 2020, 445,436 and 552,489, respectively (Note 11) (10,179) (12,703)
Accumulated other comprehensive loss (Note 12) (18,845) (20,268)
Total L.B. Foster Company stockholders’ equity 183,092 176,830
Noncontrolling interest 518 0
Total stockholders’ equity 183,610 176,830
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 342,595 $ 370,395