Earnings Per Common Share

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings Per Common Share

(Share amounts in thousands)

The following table sets forth the computation of basic and diluted earnings per common share for the periods indicated:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Numerator for basic and diluted earnings per common share:
Net income attributable to L.B. Foster Company	$	35,905	$	515	$	43,188	$	1,894
Denominator:
Weighted average shares outstanding	10,718		10,813		10,757		10,804
Denominator for basic earnings per common share	10,718		10,813		10,757		10,804
Effect of dilutive securities:
Stock compensation plans	274		160		302		91
Dilutive potential common shares	274		160		302		91
Denominator for diluted earnings per common share - adjusted weighted average shares outstanding	10,992		10,973		11,059		10,895
Basic earnings per common share	$	3.35	$	0.05	$	4.01	$	0.18
Diluted earnings per common share	$	3.27	$	0.05	$	3.91	$	0.17