Business Segments (Tables)

12 Months Ended

Dec. 31, 2022

Reconciliation of Revenue from Segments to Consolidated

The operating results and assets of the Company’s reportable segments were as follows as of and for the year ended December 31, 2022:


	2022
	Net Sales		Segment Operating Profit (Loss)		Segment Assets		Depreciation/Amortization		Expenditures for Long-Lived Assets
Rail, Technologies, and Services	$	300,592	$	11,454	$	172,111	$	5,620	$	1,218
Precast Concrete Products	104,212		1,692		108,598		3,162		2,833
Steel Products and Measurement	92,693		(10,824)		54,516		4,502		267
Total	$	497,497	$	2,322	$	335,225	$	13,284	$	4,318

The operating results and assets of the Company’s reportable segments were as follows as of and for the year ended December 31, 2021:


	2021
	Net Sales		Segment Operating Profit (Loss)		Segment Assets		Depreciation/Amortization		Expenditures for Long-Lived Assets
Rail, Technologies, and Services	$	299,749	$	14,165	$	171,608	$	6,089	$	1,081
Precast Concrete Products	70,990		1,545		48,740		1,716		2,441
Steel Products and Measurement	142,881		(2,402)		58,377		4,738		78
Total	$	513,620	$	13,308	$	278,725	$	12,543	$	3,600

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Reconciliations of reportable segment net sales, profits, assets, depreciation/amortization, and expenditures for long-lived assets to the Company’s consolidated totals are as follows as of and for the years ended December 31:


	2022		2021
Income from operations:
Total segment operating profit	$	2,322	$	13,308
Interest expense - net	(3,340)		(2,956)
Other income - net	1,550		3,075

Corporate expense and other unallocated charges	(9,528)		(8,837)
(Loss) income from continuing operations before income taxes	$	(8,996)	$	4,590
Assets:
Total segment assets	$	335,225	$	278,725
Unallocated corporate assets	30,085		63,870

Assets	$	365,310	$	342,595
Depreciation/Amortization:
Total segment depreciation/amortization	$	13,284	$	12,543
Corporate depreciation/amortization	1,495		1,344
Depreciation/amortization	$	14,779	$	13,887
Expenditures for Long-Lived Assets:
Total segment expenditures for long-lived assets	$	4,318	$	3,600

Corporate expenditures for long-lived assets	3,315		1,020
Expenditures for long-lived assets	$	7,633	$	4,620

Revenue from Customer by Major Geographical Region

The following table summarizes the Company’s sales by major geographic region in which the Company had operations for the years ended December 31:


	2022		2021
United States	$	378,339	$	391,218
Canada	38,489		36,477
United Kingdom	46,590		57,600
Other	34,079		28,325
Total net sales	$	497,497	$	513,620

Reconciliation of Assets from Segment to Consolidated

The following table summarizes the Company’s long-lived assets by geographic region as of December 31:


	2022		2021
United States	$	82,846	$	53,527
Canada	110		2,597
United Kingdom	1,533		1,668
Other	855		430
Total property, plant, and equipment - net	$	85,344	$	58,222

Schedule of Revenues by Major Product Line

The following table summarizes the Company’s sales by major product and service line for the years ended December 31:


	December 31,
		2022		2021
Rail Products and Global Friction Management		$	255,713	$	248,237
Technology Services and Solutions		44,879		51,512
Rail, Technologies, and Services		300,592		299,749
Precast Concrete Buildings		61,143		55,993
Other Precast Concrete Products		43,069		14,997
Precast Concrete Products		104,212		70,990
Coatings and Measurement		38,329		27,833
Fabricated Steel Products		54,364		115,048
Steel Products and Measurement		92,693		142,881
Total net sales		$	497,497	$	513,620