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Business Segments (Tables)

6 Months Ended

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

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

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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- 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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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-Name Accounting Standards Codification
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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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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