Earnings Per Common Share

12 Months Ended

Dec. 31, 2022

(Share amounts in thousands)

The following table sets forth the computation of basic and diluted (loss) earnings per common share for the years ended December 31, 2022 and 2021:


	Year Ended December 31,
	2022		2021
Numerator for basic and diluted (loss) earnings per common share:
Net (loss) income from continuing operations attributable to L.B. Foster Company	$	(45,564)	$	3,554
Income from discontinued operations	—		72
Net (loss) income attributable to L.B. Foster Company	$	(45,564)	$	3,626
Denominator:
Weighted average shares outstanding	10,720		10,623
Denominator for basic earnings per common share	10,720		10,623
Effect of dilutive securities:
Stock compensation plans	—		129
Dilutive potential common shares	—		129
Denominator for diluted earnings per common share - adjusted weighted average shares outstanding and assumed conversions	10,720		10,752
Basic (loss) earnings from continuing operations per common share	$	(4.25)	$	0.33
Basic earnings from discontinued operations per common share	—		0.01
Basic (loss) earnings per common share	$	(4.25)	$	0.34
Diluted (loss) earnings from continuing operations per common share	$	(4.25)	$	0.33
Diluted earnings from discontinued operations per common share	—		0.01
Diluted (loss) earnings per common share	$	(4.25)	$	0.34

There were 75 anti-dilutive shares for the year ended December 31, 2022.