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Business Segments (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

The following table illustrates the Company's revenues and profit from operations by segment for the periods indicated:

						Three Months Ended September 30, 2019																		Three Months Ended September 30, 2018
						Net Sales						Segment Profit						Net Sales						Segment Profit
Rail Products and Services						$	67,741					$	3,417					$	84,517					$	5,299
Construction Products						47,175						1,848						41,534						1,603
Tubular and Energy Services						39,360						2,230						41,043						4,274
Total						$	154,276					$	7,495					$	167,094					$	11,176
						Nine Months Ended September 30, 2019																		Nine Months Ended September 30, 2018
						Net Sales						Segment Profit						Net Sales						Segment Profit
Rail Products and Services						$	244,836					$	14,815					$	238,571					$	12,655
Construction Products						139,926						6,095						112,641						4,478
Tubular and Energy Services						120,916						11,937						111,226						10,704
Total						$	505,678					$	32,847					$	462,438					$	27,837

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table provides a reconciliation of segment net profit from operations to the Company’s consolidated total:

						Three Months Ended September 30,																		Nine Months Ended September 30,
						2019						2018						2019						2018
Profit for reportable segments						$	7,495					$	11,176					$	32,847					$	27,837
Interest expense - net						(1,079)						(1,296)						(4,031)						(4,813)
Other income (expense) - net						421						(157)						823						320
Unallocated corporate expenses and other unallocated charges						(3,722)						(3,297)						(10,947)						(12,089)
Income before income taxes						$	3,115					$	6,426					$	18,692					$	11,255

Reconciliation of Assets from Segment to Consolidated

The following table illustrates assets of the Company by segment:

						September 30, 2019						December 31, 2018
Rail Products and Services						$	181,694					$	175,704
Construction Products						99,997						97,133
Tubular and Energy Services						86,531						90,402
Unallocated corporate assets						28,065						20,010
Total						$	396,287					$	383,249

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

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X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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