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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Total net sales (Note 4) $ 513,620 $ 497,411
Total cost of sales 427,318 402,405
Gross profit 86,302 95,006
Selling and administrative expenses 75,995 73,644
Amortization expense (Note 5) 5,836 5,729
Operating profit 4,471 15,633
Interest expense - net 2,956 3,761
Other income - net (Note 19) (3,075) (2,110)
Income from continuing operations before income taxes 4,590 13,982
Income tax expense (benefit) (Note 14) 1,119 (11,841)
Income from continuing operations 3,471 25,823
Net loss attributable to noncontrolling interest (83) 0
Income from continuing operations attributable to L.B. Foster Company 3,554 25,823
Income (loss) from discontinued operations before income taxes 72 (23,979)
Income tax benefit (Note 14) 0 (5,738)
Income (loss) from discontinued operations (Note 3) 72 (18,241)
Net income attributable to L.B. Foster Company $ 3,626 $ 7,582
Basic earnings (loss) per common share from continuing operations (usd per share) $ 0.33 $ 2.45
Basic earnings (loss) per common share from discontinued operations (usd per share) 0.01 (1.73)
Basic earnings per common share (usd per share) 0.34 0.72
Diluted earnings (loss) per common share from continuing operations (usd per share) 0.33 2.42
Diluted earnings (loss) per common share from discontinued operations (usd per share) 0.01 (1.71)
Diluted earnings per common share (usd per share) $ 0.34 $ 0.71
Sales of goods    
Total net sales (Note 4) $ 450,241 $ 421,307
Total cost of sales 374,366 344,306
Sales of services    
Total net sales (Note 4) 63,379 76,104
Total cost of sales $ 52,952 $ 58,099