XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Total net sales $ 130,015 $ 130,053 $ 360,324 $ 400,655
Total cost of sales 106,918 107,777 297,487 333,388
Gross profit 23,097 22,276 62,837 67,267
Selling and administrative expenses 22,618 20,056 59,310 57,849
Amortization expense 1,599 1,462 4,454 4,397
Operating (loss) profit (1,120) 758 (927) 5,021
Interest expense - net 993 722 1,747 2,454
Other expense (income) - net 168 (2,880) (1,096) (2,751)
(Loss) income from continuing operations before income taxes (2,281) 2,916 (1,578) 5,318
Income tax (benefit) expense from continuing operations (176) 676 137 1,494
Net (loss) income from continuing operations (2,105) 2,240 (1,715) 3,824
Net loss attributable to noncontrolling interest (28) (30) (82) (64)
Net (loss) income from continuing operations (2,077) 2,270 (1,633) 3,888
Income from discontinued operations before income taxes 0 72 0 72
Income tax benefit from discontinued operations 0 0 0 0
Income from discontinued operations 0 72 0 72
Net (loss) income attributable to L.B. Foster Company $ (2,077) $ 2,342 $ (1,633) $ 3,960
From continuing operations (usd per share) $ (0.20) $ 0.21 $ (0.16) $ 0.36
From discontinued operations (usd per share) 0 0.01 0 0.01
Basic loss per common share (usd per share) (0.20) 0.22 (0.16) 0.37
From continuing operations (usd per share) (0.20) 0.21 (0.16) 0.36
From discontinued operations (usd per share) 0 0.01 0 0.01
Diluted loss per common share (usd per share) $ (0.20) $ 0.22 $ (0.16) $ 0.37
Sales of goods        
Total net sales $ 117,302 $ 112,813 $ 318,307 $ 351,668
Total cost of sales 93,737 93,521 258,913 292,733
Sales of services        
Total net sales 12,713 17,240 42,017 48,987
Total cost of sales $ 13,181 $ 14,256 $ 38,574 $ 40,655