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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The following table presents the changes in goodwill balance by reportable segment for the period presented:
Rail, Technologies, and ServicesPrecast Concrete ProductsSteel Products and MeasurementTotal
Balance as of December 31, 2022$19,948 $10,785 $— $30,733 
VanHooseCo acquisition— 242 — 242 
Foreign currency translation impact(119)— — (119)
Balance as of September 30, 2023$19,829 $11,027 $— $30,856 
Schedule of Finite-Lived Intangible Assets
As of September 30, 2023 and December 31, 2022, the components of the Company’s intangible assets were as follows:
September 30, 2023
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Patents10$330 $(194)$136 
Customer relationships1627,276 (16,200)11,076 
Trademarks and trade names167,942 (4,424)3,518 
Technology1332,474 (27,461)5,013 
Favorable lease6327 (64)263 
$68,349 $(48,343)$20,006 

During the nine months ended September 30, 2023, certain fully amortized intangible assets of $27 related to non-compete agreements were eliminated from gross intangible assets and accumulated amortization.

December 31, 2022
Weighted Average
Amortization
Period In Years
Gross
Carrying
Value
Accumulated
Amortization
Net
Carrying
Amount
Non-compete agreements1$27 $(16)$11 
Patents10330 (187)143 
Customer relationships1627,184 (14,129)13,055 
Trademarks and trade names167,933 (3,989)3,944 
Technology1432,201 (25,827)6,374 
Favorable lease6327 (23)304 
$68,002 $(44,171)$23,831