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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Business Acquisition, Pro Forma Information
Year Ended
December 31,
20222021
Unaudited
Net sales$522,997 $540,359 
Net (loss) income attributable to L.B. Foster Company(44,564)2,223 
Diluted (loss) earnings per share
As reported$(4.25)$0.33 
Pro forma$(4.16)$0.21 
Schedule of Business Acquisitions, by Acquisition
The following table summarizes estimated fair values of the assets acquired and liabilities assumed at the date of the VanHooseCo and Skratch acquisitions:
Allocation of purchase priceVanHooseCoSkratch
Current assets, net of cash acquired on the acquisition date$11,138 $1,129 
Property, plant, and equipment30,410 174 
Goodwill8,221 5,549 
Other intangibles5,442 1,750 
Liabilities assumed(3,065)(1,200)
Total$52,146 $7,402 

The following table summarizes estimates of the fair values of the VanHooseCo and Skratch identifiable intangible assets acquired:
VanHooseCoSkratch
Identifiable intangible assetsWeighted Average
Amortization
Period In Years
Net
Carrying
Amount
Weighted Average
Amortization
Period In Years
Net
Carrying
Amount
Non-compete agreements0$— 1$27 
Customer relationships53,578 31,349 
Trademarks and trade names101,537 10374 
Favorable lease6327 0— 
Total$5,442 $1,750