XML 22 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Total net sales (Note 3) $ 530,765 $ 543,744
Total cost of sales 412,703 431,700
Gross profit 118,062 112,044
Selling and administrative expenses 96,398 97,623
(Gain) on sale of former joint venture facility (3,477) 0
Amortization expense (Note 4) 4,628 5,314
Operating income 20,513 9,107
Interest expense - net 4,992 5,528
Other expense - net (Note 18) 1,076 2,635
Income before income taxes 14,445 944
Income tax benefit (Note 13) (28,398) (355)
Net income 42,843 1,299
Net loss attributable to noncontrolling interest (103) (165)
Net income attributable to L.B. Foster Company $ 42,946 $ 1,464
Basic earnings per common share (Note 12) (usd per share) $ 4.01 $ 0.14
Diluted earnings per common share (Note 12) (usd per share) $ 3.89 $ 0.13
Basic weighted average shares outstanding (in shares) 10,721 10,799
Diluted weighted average shares outstanding (in shares) 11,048 10,995
Sales of goods    
Total net sales (Note 3) $ 462,659 $ 475,350
Total cost of sales 352,556 368,197
Sales of services    
Total net sales (Note 3) 68,106 68,394
Total cost of sales $ 60,147 $ 63,503