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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Total net sales $ 148,034 $ 131,515 $ 263,522 $ 230,309
Total cost of sales 115,782 108,222 207,979 190,569
Gross profit 32,252 23,293 55,543 39,740
Selling and administrative expenses 24,528 19,394 45,951 36,692
Amortization expense 1,375 1,419 2,740 2,855
Operating profit 6,349 2,480 6,852 193
Interest expense - net 1,574 384 2,962 754
Other expense (income) - net 719 (701) 2,546 (1,264)
Income before income taxes 4,056 2,797 1,344 703
Income tax expense 563 821 22 313
Net income 3,493 1,976 1,322 390
Net loss attributable to noncontrolling interest (38) (34) (57) (54)
Net income attributable to L.B. Foster Company $ 3,531 $ 2,010 $ 1,379 $ 444
Basic earnings per common share (usd per share) $ 0.32 $ 0.18 $ 0.12 $ 0.04
Diluted earnings per common share (usd per share) $ 0.32 $ 0.18 $ 0.12 $ 0.04
Sales of goods        
Total net sales $ 132,167 $ 116,584 $ 230,705 $ 201,005
Total cost of sales 101,069 95,331 179,134 165,176
Sales of services        
Total net sales 15,867 14,931 32,817 29,304
Total cost of sales $ 14,713 $ 12,891 $ 28,845 $ 25,393