Business Segments (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Reconciliation of Revenue from Segments to Consolidated

The operating results of the Company’s reportable segments were as follows for the periods presented:

	Three Months Ended September 30, 2024				Three Months Ended September 30, 2023
	Net Sales		Segment Operating Income		Net Sales		Segment Operating Income
Rail, Technologies, and Services	$	79,498	$	4,933	$	86,866	$	3,866
Infrastructure Solutions	57,968		5,110		58,479		799
Total	$	137,466	$	10,043	$	145,345	$	4,665

	Nine Months Ended September 30, 2024				Nine Months Ended September 30, 2023
	Net Sales		Segment Operating Income		Net Sales		Segment Operating Income
Rail, Technologies, and Services	$	247,715	$	17,212	$	242,866	$	13,231
Infrastructure Solutions	154,867		7,345		166,001		3,232
Total	$	402,582	$	24,557	$	408,867	$	16,463

Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table demonstrates a reconciliation of reportable segment net profit to the Company’s consolidated total for the periods presented:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Income from operations:
Total segment operating income	$	10,043	$	4,665	$	24,557	$	16,463
Gain on sale of former joint venture facility	—		—		3,477		—
Interest expense - net	(1,358)		(1,442)		(3,976)		(4,404)
Other income (expense) - net	188		151		525		(2,782)
Public company costs	(1,327)		(1,371)		(4,167)		(3,244)
Corporate executive management costs	(839)		(760)		(4,131)		(2,281)
Corporate management stock-based compensation	(339)		(587)		(1,818)		(1,735)
Other	(215)		(330)		(457)		(347)
Income before income taxes	$	6,153	$	326	$	14,010	$	1,670
Depreciation/Amortization:
Total segment depreciation/amortization	$	3,019	$	3,373	$	9,172	$	10,214
Corporate depreciation/amortization	467		466		1,390		1,354
Depreciation/amortization	$	3,486	$	3,839	$	10,562	$	11,568
Expenditures for Long-Lived Assets:
Total segment expenditures for long-lived assets	$	2,816	$	879	$	6,865	$	1,945
Corporate expenditures for long-lived assets	251		410		969		839
Expenditures for long-lived assets	$	3,067	$	1,289	$	7,834	$	2,784

Schedule of Reconciliation of Assets from Segment to Consolidated

The following table illustrates assets of the Company by reportable segment for the periods presented:

	September 30, 2024		December 31, 2023
Rail, Technologies, and Services	$	157,097	$	156,638
Infrastructure Solutions	130,052		130,247
Unallocated corporate assets	57,395		25,516
Total	$	344,544	$	312,401