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Business Segments (Tables) | 9 Months Ended
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Sep. 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 September 30, 2024 |  | Three Months Ended September 30, 2023
|  | Net Sales |  | Segment Operating Income |  | Net Sales |  | Segment Operating Income
Rail, Technologies, and Services |  | $ | 79,498 |  |  | $ | 4,933 |  |  | $ | 86,866 |  |  | $ | 3,866 |
Infrastructure Solutions |  | 57,968 |  |  | 5,110 |  |  | 58,479 |  |  | 799 |
Total |  | $ | 137,466 |  |  | $ | 10,043 |  |  | $ | 145,345 |  |  | $ | 4,665 |
|  | Nine Months Ended September 30, 2024 |  | Nine Months Ended September 30, 2023
|  | Net Sales |  | Segment Operating Income |  | Net Sales |  | Segment Operating Income
Rail, Technologies, and Services |  | $ | 247,715 |  |  | $ | 17,212 |  |  | $ | 242,866 |  |  | $ | 13,231 |
Infrastructure Solutions |  | 154,867 |  |  | 7,345 |  |  | 166,001 |  |  | 3,232 |
Total |  | $ | 402,582 |  |  | $ | 24,557 |  |  | $ | 408,867 |  |  | $ | 16,463 |
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 September 30, |  | Nine Months Ended September 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Income from operations: |  |  |  |  |  |  |  |
Total segment operating income |  | $ | 10,043 |  |  | $ | 4,665 |  |  | $ | 24,557 |  |  | $ | 16,463 |
Gain on sale of former joint venture facility |  | — |  |  | — |  |  | 3,477 |  |  | — |
Interest expense - net |  | (1,358) |  |  | (1,442) |  |  | (3,976) |  |  | (4,404) |
Other income (expense) - net |  | 188 |  |  | 151 |  |  | 525 |  |  | (2,782) |
Public company costs |  | (1,327) |  |  | (1,371) |  |  | (4,167) |  |  | (3,244) |
Corporate executive management costs |  | (839) |  |  | (760) |  |  | (4,131) |  |  | (2,281) |
Corporate management stock-based compensation |  | (339) |  |  | (587) |  |  | (1,818) |  |  | (1,735) |
Other |  | (215) |  |  | (330) |  |  | (457) |  |  | (347) |
Income before income taxes |  | $ | 6,153 |  |  | $ | 326 |  |  | $ | 14,010 |  |  | $ | 1,670 |
Depreciation/Amortization: |  |  |  |  |  |  |  |
Total segment depreciation/amortization |  | $ | 3,019 |  |  | $ | 3,373 |  |  | $ | 9,172 |  |  | $ | 10,214 |
Corporate depreciation/amortization |  | 467 |  |  | 466 |  |  | 1,390 |  |  | 1,354 |
Depreciation/amortization |  | $ | 3,486 |  |  | $ | 3,839 |  |  | $ | 10,562 |  |  | $ | 11,568 |
Expenditures for Long-Lived Assets: |  |  |  |  |  |  |  |
Total segment expenditures for long-lived assets |  | $ | 2,816 |  |  | $ | 879 |  |  | $ | 6,865 |  |  | $ | 1,945 |
Corporate expenditures for long-lived assets |  | 251 |  |  | 410 |  |  | 969 |  |  | 839 |
Expenditures for long-lived assets |  | $ | 3,067 |  |  | $ | 1,289 |  |  | $ | 7,834 |  |  | $ | 2,784 |
Schedule of Reconciliation of Assets from Segment to Consolidated | The following table illustrates assets of the Company by reportable segment for the periods presented:
|  | September 30, 2024 |  | December 31, 2023
Rail, Technologies, and Services |  | $ | 157,097 |  |  | $ | 156,638 |
Infrastructure Solutions |  | 130,052 |  |  | 130,247 |
Unallocated corporate assets |  | 57,395 |  |  | 25,516 |
Total |  | $ | 344,544 |  |  | $ | 312,401 |

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