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Business Segments (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Reconciliation of Revenue from Segments to Consolidated | The operating results of the Company’s reportable segments were as follows for the periods presented:
|  | Three Months Ended June 30, 2024 |  | Three Months Ended June 30, 2023
|  | Net Sales |  | Segment Operating Income |  | Net Sales |  | Segment Operating Income
Rail, Technologies, and Services |  | $ | 85,594 |  |  | $ | 5,431 |  |  | $ | 91,616 |  |  | $ | 6,627 |
Infrastructure Solutions |  | 55,202 |  |  | 3,618 |  |  | 56,418 |  |  | 2,752 |
Total |  | $ | 140,796 |  |  | $ | 9,049 |  |  | $ | 148,034 |  |  | $ | 9,379 |
|  | Six Months Ended June 30, 2024 |  | Six Months Ended June 30, 2023
|  | Net Sales |  | Segment Operating Income |  | Net Sales |  | Segment Operating Income
Rail, Technologies, and Services |  | $ | 168,217 |  |  | $ | 12,209 |  |  | $ | 156,000 |  |  | $ | 9,015 |
Infrastructure Solutions |  | 96,899 |  |  | 2,225 |  |  | 107,522 |  |  | 2,396 |
Total |  | $ | 265,116 |  |  | $ | 14,434 |  |  | $ | 263,522 |  |  | $ | 11,411 |
Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated | The following table demonstrates a reconciliation of reportable segment net profit to the Company’s consolidated total for the periods presented:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Income from operations: |  |  |  |  |  |  |  |
Total segment operating income |  | $ | 9,049 |  |  | $ | 9,379 |  |  | $ | 14,434 |  |  | $ | 11,411 |
Interest expense - net |  | (1,493) |  |  | (1,574) |  |  | (2,618) |  |  | (2,962) |
Other income (expense) - net |  | 152 |  |  | (719) |  |  | 3,688 |  |  | (2,546) |
Public company costs |  | (1,621) |  |  | (1,217) |  |  | (2,840) |  |  | (1,873) |
Corporate executive management costs |  | (1,885) |  |  | (1,155) |  |  | (3,292) |  |  | (1,521) |
Corporate management stock-based compensation |  | (880) |  |  | (604) |  |  | (1,479) |  |  | (1,148) |
Other |  | (159) |  |  | (54) |  |  | (36) |  |  | (17) |
Income before income taxes |  | $ | 3,163 |  |  | $ | 4,056 |  |  | $ | 7,857 |  |  | $ | 1,344 |
Depreciation/Amortization: |  |  |  |  |  |  |  |
Total segment depreciation/amortization |  | $ | 3,018 |  |  | $ | 3,412 |  |  | $ | 6,151 |  |  | $ | 6,841 |
Corporate depreciation/amortization |  | 467 |  |  | 447 |  |  | 925 |  |  | 888 |
Depreciation/amortization |  | $ | 3,485 |  |  | $ | 3,859 |  |  | $ | 7,076 |  |  | $ | 7,729 |
Expenditures for Long-Lived Assets: |  |  |  |  |  |  |  |
Total segment expenditures for long-lived assets |  | $ | 1,480 |  |  | $ | 708 |  |  | $ | 3,629 |  |  | $ | 1,066 |
Corporate expenditures for long-lived assets |  | 574 |  |  | 88 |  |  | 717 |  |  | 429 |
Expenditures for long-lived assets |  | $ | 2,054 |  |  | $ | 796 |  |  | $ | 4,346 |  |  | $ | 1,495 |
Schedule of Reconciliation of Assets from Segment to Consolidated | The following table illustrates assets of the Company by reportable segment for the periods presented:
|  | June 30, 2024 |  | December 31, 2023
Rail, Technologies, and Services |  | $ | 174,486 |  |  | $ | 157,023 |
Infrastructure Solutions |  | 129,769 |  |  | 130,667 |
Unallocated corporate assets |  | 29,006 |  |  | 25,516 |
Total |  | $ | 333,261 |  |  | $ | 313,206 |

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