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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Total net sales (Note 4) $ 543,744 $ 497,497
Total cost of sales 430,934 407,886
Gross profit 112,810 89,611
Selling and administrative expenses 97,358 82,657
Amortization expense (Note 5) 5,314 6,144
Goodwill and long-lived assets impairment charges (Note 5) 0 8,016
Operating income (loss) 10,138 (7,206)
Interest expense - net 5,528 3,340
Other expense (income) - net (Note 19) 3,666 (1,550)
Income (loss) before income taxes 944 (8,996)
Income tax (benefit) expense (Note 14) (355) 36,681
Net income (loss) 1,299 (45,677)
Net loss attributable to noncontrolling interest (165) (113)
Net income (loss) attributable to L.B. Foster Company $ 1,464 $ (45,564)
Basic earnings (loss) per common share (usd per share) $ 0.14 $ (4.25)
Diluted earnings (loss) per common share (usd per share) $ 0.13 $ (4.25)
Basic weighted average shares outstanding (in shares) 10,799,000 10,720,000
Diluted weighted average shares outstanding (in shares) 10,995,000 10,720,000
Sales of goods    
Total net sales (Note 4) $ 475,350 $ 436,821
Total cost of sales 367,431 355,106
Sales of services    
Total net sales (Note 4) 68,394 60,676
Total cost of sales $ 63,503 $ 52,780