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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
[1]
Revenues [Abstract]    
Net sales $ 380,255 $ 335,078
Net sales to related parties 9,934 9,842
Total net sales 390,189 344,920
Operating costs and expenses:    
Costs of products sold (excluding depreciation and amortization) 327,996 278,805
Selling and administrative 43,527 45,998
Depreciation and amortization 17,408 17,877 [2]
(Credit) charge for asbestos-related costs (2,226) 6,661
Loss on disposal of assets 706 361
Total operating costs and expenses 387,411 349,702
Income (loss) from operations 2,778 (4,782)
Other income (expense):    
Investment-related income 519 1,084
Interest expense (5,434) (3,599)
Other – net 7,693 6,302
Total other income (expense) 2,778 3,787
Income (loss) before income taxes 5,556 (995)
Income tax provision (1,576) (2,305)
Net income (loss) [3] 3,980 (3,300) [2],[4]
Less: Net income attributable to noncontrolling interest 564 561
Net income attributable to Ampco-Pittsburgh $ 3,416 $ (3,861)
Net income (loss) per share attributable to Ampco-Pittsburgh common shareholders:    
Basic $ 0.18 $ (0.20)
Diluted $ 0.18 $ (0.20)
Weighted-average number of common shares outstanding:    
Basic 19,319 18,953
Diluted 19,444 18,953
[1] Costs of products sold (excluding depreciation and amortization) and subsequent subtotals and totals along with net loss per share for 2021 were adjusted to include inventory costs using the FIFO basis of costing. See Note 2.
[2] Net loss and the change in inventories for 2021 were adjusted to include inventory costs using the FIFO basis of costing. See Note 2.

 

See Notes to Consolidated Financial Statements.

[3] Retained deficit as of January 1, 2021, net loss for 2021 and retained deficit as of December 31, 2021 were adjusted to include inventory costs using the FIFO basis of costing. See Note 2.

 

See Notes to Consolidated Financial Statements.

[4] Net loss for 2021 and subsequent subtotals and totals were adjusted to include inventory costs using the FIFO basis of costing. See Note 2