v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 4,348 $ 2,454
Accounts receivable - net (Note 5) 80,551 64,978
Contract assets (Note 3) 6,395 16,720
Inventories - net (Note 6) 60,219 70,506
Other current assets 5,358 6,947
Total current assets 156,871 161,605
Property, plant, and equipment - net (Note 7) 77,183 75,374
Operating lease right-of-use assets - net (Note 8) 28,309 18,480
Other assets:    
Goodwill (Note 4) 33,062 31,907
Other intangibles - net (Note 4) 11,526 14,801
Deferred tax assets (Note 13) 20,355 28,900
Other assets 3,066 3,483
TOTAL ASSETS 330,372 334,550
Current liabilities:    
Accounts payable 52,519 50,083
Deferred revenue (Note 3) 5,900 10,205
Accrued payroll and employee benefits 11,346 15,393
Current maturities of long-term debt (Note 9) 153 167
Other accrued liabilities 14,003 12,448
Total current liabilities 83,921 88,296
Long-term debt (Note 9) 42,603 46,773
Deferred tax liabilities (Note 13) 903 1,150
Long-term operating lease liabilities (Note 8) 24,266 14,709
Other long-term liabilities 2,681 4,608
Stockholders’ equity:    
Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at December 31, 2025 and December 31, 2024, 11,115,779; shares outstanding at December 31, 2025 and December 31, 2024, 10,135,410 and 10,573,432, respectively (Note 10) 111 111
Paid-in capital 44,782 43,550
Retained earnings 175,124 167,579
Treasury stock - at cost, common stock, shares at December 31, 2025 and December 31, 2024, 980,369 and 542,347, respectively (Note 10) (23,852) (11,208)
Accumulated other comprehensive loss (Note 11) (20,889) (21,716)
Total L.B. Foster Company stockholders’ equity 175,276 178,316
Noncontrolling interest 722 698
Total stockholders’ equity 175,998 179,014
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 330,372 $ 334,550