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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total net sales $ 138,286 $ 137,466 $ 379,636 $ 402,582
Total cost of sales 107,220 104,708 297,519 313,135
Gross profit 31,066 32,758 82,117 89,447
Selling and administrative expenses 22,077 24,289 65,411 71,977
(Gain) on sale of former joint venture facility 0 0 0 (3,477)
Amortization expense 694 1,146 2,656 3,486
Operating income 8,295 7,323 14,050 17,461
Interest expense - net 1,254 1,358 3,887 3,976
Other income - net (96) (188) (509) (525)
Income before income taxes 7,137 6,153 10,672 14,010
Income tax expense (benefit) 2,812 (29,745) 5,625 (29,110)
Net income 4,325 35,898 5,047 43,120
Net loss attributable to noncontrolling interest (29) (7) (82) (68)
Net income attributable to L.B. Foster Company $ 4,354 $ 35,905 $ 5,129 $ 43,188
Per share data attributable to L.B. Foster shareholders:        
Basic earnings per common share (in USD per share) $ 0.42 $ 3.35 $ 0.49 $ 4.01
Diluted earnings per common share (in USD per share) $ 0.40 $ 3.27 $ 0.47 $ 3.91
Basic weighted average shares outstanding (in shares) 10,356 10,718 10,444 10,757
Diluted weighted average shares outstanding (in shares) 10,880 10,992 10,923 11,059
Sales of goods        
Total net sales $ 124,830 $ 119,322 $ 340,449 $ 346,202
Total cost of sales 93,915 89,286 259,472 264,543
Sales of services        
Total net sales 13,456 18,144 39,187 56,380
Total cost of sales $ 13,305 $ 15,422 $ 38,047 $ 48,592