XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.20.2

Business Segments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Segment Reporting [Abstract] |
Reconciliation of Revenue from Segments to Consolidated | The following table illustrates the Company's revenues and profit (loss) from operations by segment for the periods indicated:
|  | Three Months Ended June 30, 2020 |  |  |  | Three Months Ended June 30, 2019 |  |
|  | Net Sales |  | Segment Profit (Loss) |  | Net Sales |  | Segment Profit
Rail Products and Services |  | $ | 74,939 |  |  | $ | 5,816 |  |  | $ | 101,401 |  |  | $ | 7,919 |
Construction Products |  | 42,008 |  |  | 1,506 |  |  | 55,406 |  |  | 3,413 |
Tubular and Energy Services |  | 28,819 |  |  | (4,105) |  |  | 44,126 |  |  | 5,019 |
Total |  | $ | 145,766 |  |  | $ | 3,217 |  |  | $ | 200,933 |  |  | $ | 16,351 |
|  | Six Months Ended June 30, 2020 |  |  |  | Six Months Ended June 30, 2019 |  |
|  | Net Sales |  | Segment Profit (Loss) |  | Net Sales |  | Segment Profit
Rail Products and Services |  | $ | 145,143 |  |  | $ | 6,987 |  |  | $ | 177,095 |  |  | $ | 11,398 |
Construction Products |  | 71,042 |  |  | (133) |  |  | 92,751 |  |  | 4,247 |
Tubular and Energy Services |  | 58,356 |  |  | (3,493) |  |  | 81,556 |  |  | 9,707 |
Total |  | $ | 274,541 |  |  | $ | 3,361 |  |  | $ | 351,402 |  |  | $ | 25,352 |
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 June 30, |  |  |  | Six Months Ended June 30, |  |
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Profit for reportable segments |  | $ | 3,217 |  |  | $ | 16,351 |  |  | $ | 3,361 |  |  | $ | 25,352 |
Interest expense - net |  | (1,090) |  |  | (1,597) |  |  | (1,907) |  |  | (2,952) |
Other income - net |  | 2,292 |  |  | 252 |  |  | 2,427 |  |  | 402 |
Unallocated corporate expenses and other unallocated charges |  | (2,803) |  |  | (3,757) |  |  | (4,959) |  |  | (7,225) |
Income (loss) before income taxes |  | $ | 1,616 |  |  | $ | 11,249 |  |  | $ | (1,078) |  |  | $ | 15,577 |
Reconciliation of Assets from Segment to Consolidated | The following table illustrates assets of the Company by segment:
|  | June 30, 2020 |  | December 31, 2019
Rail Products and Services |  | $ | 171,806 |  |  | $ | 186,323 |
Construction Products |  | 99,894 |  |  | 83,049 |
Tubular and Energy Services |  | 71,157 |  |  | 77,320 |
Unallocated corporate assets |  | 54,507 |  |  | 58,479 |
Total |  | $ | 397,364 |  |  | $ | 405,171 |

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=120311839&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=120311839&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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=120311839&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=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=120311839&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=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration