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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Total net sales $ 145,345 $ 130,015 $ 408,867 $ 360,324
Total cost of sales 117,121 106,918 325,100 297,487
Gross profit 28,224 23,097 83,767 62,837
Selling and administrative expenses 24,160 22,618 70,111 59,310
Amortization expense 1,379 1,599 4,119 4,454
Operating profit (loss) 2,685 (1,120) 9,537 (927)
Interest expense - net 1,442 993 4,404 1,747
Other expense (income) - net 917 168 3,463 (1,096)
Income (loss) before income taxes 326 (2,281) 1,670 (1,578)
Income tax (benefit) expense (121) (176) (99) 137
Net income (loss) 447 (2,105) 1,769 (1,715)
Net loss attributable to noncontrolling interest (68) (28) (125) (82)
Net income (loss) attributable to L.B. Foster Company $ 515 $ (2,077) $ 1,894 $ (1,633)
Basic earnings (loss) per common share (usd per share) $ 0.05 $ (0.20) $ 0.18 $ (0.16)
Diluted earnings (loss) per common share (usd per share) $ 0.05 $ (0.20) $ 0.17 $ (0.16)
Sales of goods        
Total net sales $ 131,065 $ 117,302 $ 361,770 $ 318,307
Total cost of sales 103,061 93,737 282,195 258,913
Sales of services        
Total net sales 14,280 12,713 47,097 42,017
Total cost of sales $ 14,060 $ 13,181 $ 42,905 $ 38,574