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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 4,186 $ 2,454
Accounts receivable - net (Note 5) 71,415 64,978
Contract assets - net (Note 3) 12,972 16,720
Inventories - net (Note 6) 75,443 70,506
Other current assets 9,468 6,947
Total current assets 173,484 161,605
Property, plant, and equipment - net 76,305 75,374
Operating lease right-of-use assets - net 23,324 18,480
Other assets:    
Goodwill (Note 4) 33,315 31,907
Other intangibles - net (Note 4) 12,879 14,801
Deferred tax assets (Note 9) 26,299 28,900
Other assets 4,319 3,483
TOTAL ASSETS 349,925 334,550
Current liabilities:    
Accounts payable 39,888 50,083
Deferred revenue (Note 3) 9,032 10,205
Accrued payroll and employee benefits 7,768 15,393
Current maturities of long-term debt (Note 7) 182 167
Other accrued liabilities 11,741 12,448
Total current liabilities 68,611 88,296
Long-term debt (Note 7) 81,446 46,773
Deferred tax liabilities (Note 9) 1,134 1,150
Long-term operating lease liabilities 19,777 14,709
Other long-term liabilities 3,716 4,608
Stockholders’ equity:    
Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at June 30, 2025 and December 31, 2024, 11,115,779; shares outstanding at June 30, 2025 and December 31, 2024, 10,430,630 and 10,573,432, respectively 111 111
Paid-in capital 42,325 43,550
Retained earnings 168,354 167,579
Treasury stock - at cost, 685,149 and 542,347 common stock shares at June 30, 2025 and December 31, 2024, respectively (16,213) (11,208)
Accumulated other comprehensive loss (20,135) (21,716)
Total L.B. Foster Company stockholders’ equity 174,442 178,316
Noncontrolling interest 799 698
Total stockholders’ equity 175,241 179,014
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 349,925 $ 334,550