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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Current assets:      
Cash and cash equivalents $ 2,560 $ 2,882  
Accounts receivable - net (Note 6) 53,484 82,455  
Contract assets (Note 4) 29,489 33,613  
Inventories - net (Note 7) 73,111 75,721  
Other current assets 8,711 11,061  
Total current assets 167,355 205,732  
Property, plant, and equipment - net (Note 8) 75,579 85,344  
Operating lease right-of-use assets - net (Note 9) 14,905 17,291  
Other assets:      
Goodwill (Note 5) 32,587 30,733 $ 20,152
Other intangibles - net (Note 5) 19,010 23,831  
Other assets 2,965 2,379  
TOTAL ASSETS 312,401 365,310  
Current liabilities:      
Accounts payable 39,500 48,782  
Deferred revenue (Note 4) 12,479 19,452  
Accrued payroll and employee benefits 16,978 10,558  
Current portion of accrued settlement (Note 18) 8,000 8,000  
Current maturities of long-term debt (Note 10) 102 127  
Other accrued liabilities 17,442 16,192  
Total current liabilities 94,501 103,111  
Long-term debt (Note 10) 55,171 91,752  
Deferred tax liabilities (Note 14) 1,232 3,109  
Long-term portion of accrued settlement (Note 18) 0 8,000  
Long-term operating lease liabilities (Note 9) 11,865 14,163  
Other long-term liabilities 6,797 7,577  
Stockholders’ equity:      
Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at December 31, 2023 and December 31, 2022, 11,115,779; shares outstanding at December 31, 2023 and December 31, 2022, 10,733,935 and 10,776,827, respectively (Note 11) 111 111  
Paid-in capital 43,111 41,303  
Retained earnings 124,633 123,169  
Treasury stock - at cost, common stock, shares at December 31, 2023 and December 31, 2022, 381,844 and 338,952, respectively (Note 11) (6,494) (6,240)  
Accumulated other comprehensive loss (Note 12) (19,250) (21,165)  
Total L.B. Foster Company stockholders’ equity 142,111 137,178  
Noncontrolling interest 724 420  
Total stockholders’ equity 142,835 137,598 $ 183,610
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 312,401 $ 365,310