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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 3,428 $ 2,454
Accounts receivable - net (Note 5) 64,429 64,978
Contract assets - net (Note 3) 7,943 16,720
Inventories - net (Note 6) 69,563 70,506
Other current assets 8,159 6,947
Total current assets 153,522 161,605
Property, plant, and equipment - net 76,940 75,374
Operating lease right-of-use assets - net 30,109 18,480
Other assets:    
Goodwill (Note 4) 32,992 31,907
Other intangibles - net (Note 4) 12,178 14,801
Deferred tax assets (Note 9) 23,982 28,900
Other assets 4,166 3,483
TOTAL ASSETS 333,889 334,550
Current liabilities:    
Accounts payable 37,736 50,083
Deferred revenue (Note 3) 9,059 10,205
Accrued payroll and employee benefits 9,158 15,393
Current maturities of long-term debt (Note 7) 167 167
Other accrued liabilities 13,414 12,448
Total current liabilities 69,534 88,296
Long-term debt (Note 7) 58,555 46,773
Deferred tax liabilities (Note 9) 1,060 1,150
Long-term operating lease liabilities 25,705 14,709
Other long-term liabilities 3,441 4,608
Stockholders’ equity:    
Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at September 30, 2025 and December 31, 2024, 11,115,779; shares outstanding at September 30, 2025 and December 31, 2024, 10,247,806 and 10,573,432, respectively 111 111
Paid-in capital 43,500 43,550
Retained earnings 172,708 167,579
Treasury stock - at cost, 867,973 and 542,347 common stock shares at September 30, 2025 and December 31, 2024, respectively (20,803) (11,208)
Accumulated other comprehensive loss (20,715) (21,716)
Total L.B. Foster Company stockholders’ equity 174,801 178,316
Noncontrolling interest 793 698
Total stockholders’ equity 175,594 179,014
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 333,889 $ 334,550