XML 15 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 3,991 $ 4,348
Accounts receivable - net (Note 5) 77,907 80,551
Contract assets - net (Note 3) 3,640 6,395
Inventories - net (Note 6) 68,479 60,219
Other current assets 8,192 5,358
Total current assets 162,209 156,871
Property, plant, and equipment - net 77,347 77,183
Operating lease right-of-use assets - net 27,181 28,309
Other assets:    
Goodwill (Note 4) 32,733 33,062
Other intangibles - net (Note 4) 10,901 11,526
Deferred tax assets (Note 9) 20,497 20,355
Other assets 2,915 3,066
TOTAL ASSETS 333,783 330,372
Current liabilities:    
Accounts payable 44,092 52,519
Deferred revenue (Note 3) 8,670 5,900
Accrued payroll and employee benefits 6,579 11,346
Current maturities of long-term debt (Note 7) 145 153
Other accrued liabilities 13,466 14,003
Total current liabilities 72,952 83,921
Long-term debt (Note 7) 59,539 42,603
Deferred tax liabilities (Note 9) 871 903
Long-term operating lease liabilities 23,258 24,266
Other long-term liabilities 2,669 2,681
Stockholders’ equity:    
Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at March 31, 2026 and December 31, 2025, 11,115,779; shares outstanding at March 31, 2026 and December 31, 2025, 10,326,247 and 10,135,410, respectively 111 111
Paid-in capital 39,507 44,782
Retained earnings 176,624 175,124
Treasury stock - at cost, 789,532 and 980,369 common stock shares at March 31, 2026 and December 31, 2025, respectively (20,541) (23,852)
Accumulated other comprehensive loss (22,081) (20,889)
Total L.B. Foster Company stockholders’ equity 173,620 175,276
Noncontrolling interest 874 722
Total stockholders’ equity 174,494 175,998
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 333,783 $ 330,372