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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 6,239 $ 10,372
Accounts receivable - net 59,135 55,911
Contract assets - net 34,268 36,179
Inventories - net 67,799 62,871
Other current assets 19,623 14,146
Total current assets 187,064 179,479
Property, plant, and equipment - net 57,579 58,222
Operating lease right-of-use assets - net 14,374 15,131
Other assets:    
Goodwill 19,904 20,152
Other intangibles - net 29,487 31,023
Deferred Income Tax Assets, Net 37,721 37,242
Other assets 1,283 1,346
TOTAL ASSETS 347,412 342,595
Current liabilities:    
Accounts payable 45,483 41,411
Deferred revenue 19,310 13,411
Accrued payroll and employee benefits 5,330 9,517
Accrued Legal Settlement Current 8,000 8,000
Long-term Debt and Lease Obligation, Current 80 98
Other accrued liabilities 11,593 13,757
Total current liabilities 89,796 86,194
Long-term Debt and Lease Obligation 35,531 31,153
Deferred Income Tax Liabilities, Net 3,659 3,753
Accrued Legal Settlement Non Current 16,000 16,000
Operating Lease, Liability, Noncurrent 11,558 12,279
Other long-term liabilities 9,171 9,606
Stockholders’ equity:    
Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at March 31, 2022 and December 31, 2021, 11,115,779; shares outstanding at March 31, 2022 and December 31, 2021, 10,704,783 and 10,670,343, respectively 111 111
Paid-in capital 42,153 43,272
Retained earnings 167,167 168,733
Treasury stock - at cost, 410,996 and 445,436 common stock shares at March 31, 2022 and December 31, 2021, respectively (9,200) (10,179)
Accumulated other comprehensive loss (19,117) (18,845)
Total L.B. Foster Company stockholders’ equity 181,114 183,092
Noncontrolling interest 583 518
Total stockholders’ equity 181,697 183,610
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 347,412 $ 342,595