v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,783 $ 4,348
Accounts receivable - net (Note 5) 76,579 80,551
Contract assets - net (Note 3) 3,776 6,395
Inventories - net (Note 6) 69,627 60,219
Other current assets 8,225 5,358
Total current assets 163,990 156,871
Property, plant, and equipment - net 79,031 77,183
Operating lease right-of-use assets - net 26,148 28,309
Other assets:    
Goodwill (Note 4) 32,738 33,062
Other intangibles - net (Note 4) 10,282 11,526
Deferred tax assets (Note 9) 18,796 20,355
Other assets 3,170 3,066
TOTAL ASSETS 334,155 330,372
Current liabilities:    
Accounts payable 49,647 52,519
Deferred revenue (Note 3) 9,033 5,900
Accrued payroll and employee benefits 10,184 11,346
Current maturities of long-term debt (Note 7) 139 153
Other accrued liabilities 12,888 14,003
Total current liabilities 81,891 83,921
Long-term debt (Note 7) 47,854 42,603
Deferred tax liabilities (Note 9) 897 903
Long-term operating lease liabilities 22,329 24,266
Other long-term liabilities 2,274 2,681
Stockholders’ equity:    
Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at June 30, 2026 and December 31, 2025, 11,115,779; shares outstanding at June 30, 2026 and December 31, 2025, 10,376,305 and 10,135,410, respectively 111 111
Paid-in capital 39,222 44,782
Retained earnings 179,736 175,124
Treasury stock - at cost, 739,474 and 980,369 common stock shares at June 30, 2026 and December 31, 2025, respectively (19,292) (23,852)
Accumulated other comprehensive loss (21,753) (20,889)
Total L.B. Foster Company stockholders’ equity 178,024 175,276
Noncontrolling interest 886 722
Total stockholders’ equity 178,910 175,998
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 334,155 $ 330,372