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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Total net sales $ 131,515 $ 154,522 $ 230,309 $ 270,602
Total cost of sales 108,222 128,361 190,569 225,611
Gross profit 23,293 26,161 39,740 44,991
Selling and administrative expenses 19,394 19,767 36,692 37,793
Amortization expense 1,419 1,470 2,855 2,935
Operating profit 2,480 4,924 193 4,263
Interest expense - net 384 861 754 1,732
Other (income) expense - net (701) 70 (1,264) 129
Income before income taxes 2,797 3,993 703 2,402
Income tax expense 821 1,139 313 818
Net income 1,976 2,854 390 1,584
Net loss attributable to noncontrolling interest (34) (22) (54) (34)
Net income attributable to L.B. Foster Company $ 2,010 $ 2,876 $ 444 $ 1,618
Basic loss per common share (usd per share) $ 0.18 $ 0.27 $ 0.04 $ 0.15
Diluted loss per common share (usd per share) $ 0.18 $ 0.27 $ 0.04 $ 0.15
Sales of goods        
Total net sales $ 116,584 $ 138,309 $ 201,005 $ 238,855
Total cost of sales 95,331 115,087 165,176 199,212
Sales of services        
Total net sales 14,931 16,213 29,304 31,747
Total cost of sales $ 12,891 $ 13,274 $ 25,393 $ 26,399