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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The following table presents the changes in goodwill balance by reportable segment for the period presented:
Rail, Technologies, and ServicesPrecast Concrete ProductsSteel Products and MeasurementTotal
Balance as of December 31, 2021$14,577 $2,564 $3,011 $20,152 
Skratch acquisition5,549 — — 5,549 
VanHooseCo acquisition— 9,674 — 9,674 
Foreign currency translation impact(1,945)— — (1,945)
Balance as of September 30, 2022$18,181 $12,238 $3,011 $33,430 
Schedule of Intangible Assets and Goodwill
The components of the Company’s intangible assets were as follows for the periods presented:
September 30, 2022
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements1$24 $(8)$16 
Patents10326 (182)144 
Customer relationships1632,941 (16,363)16,578 
Trademarks and trade names159,542 (5,056)4,486 
Technology1434,855 (27,202)7,653 
Favorable lease6327 (9)318 
$78,015 $(48,820)$29,195 
December 31, 2021
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Patents10$385 $(218)$167 
Customer relationships1836,163 (18,222)17,941 
Trademarks and trade names167,801 (4,702)3,099 
Technology1335,772 (25,956)9,816 
$80,121 $(49,098)$31,023 
Estimated Future Amortization
As of September 30, 2022, estimated amortization expense for the remainder of 2022 and thereafter was as follows:
Amortization Expense
Remainder of 2022$1,603 
20236,036 
20245,042 
20253,219 
20262,630 
2027 and thereafter10,665 
$29,195