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Revenue (Tables) | 3 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Sales by Major Product Line | The following table summarizes the Company’s sales by major product and service line for the periods presented:
|  | Three Months Ended March 31, |  |
|  | 2025 |  | 2024 |  |  |  |
Rail Products |  | $ | 29,319 |  |  | $ | 53,038 |  |  |  |  |
Global Friction Management |  | 15,563 |  |  | 14,022 |  |  |  |  |
Technology Services and Solutions |  | 9,133 |  |  | 15,563 |  |  |  |  |
Rail, Technologies, and Services |  | 54,015 |  |  | 82,623 |  |  |  |  |
Precast Concrete Products |  | 28,204 |  |  | 21,091 |  |  |  |  |
Steel Products |  | 15,573 |  |  | 20,606 |  |  |  |  |
Infrastructure Solutions |  | 43,777 |  |  | 41,697 |  |  |  |  |
Total net sales |  | $ | 97,792 |  |  | $ | 124,320 |  |  |  |  |
Schedule of Disaggregation of Revenue | Net sales by the timing of the transfer of goods and services was as follows for the periods presented:
|  | Three Months Ended March 31, 2025
|  | Rail, Technologies, and Services |  | Infrastructure Solutions |  |  |  | Total
Point in time |  | $ | 44,925 |  |  | $ | 28,627 |  |  |  |  | $ | 73,552 |
Over time |  | 9,090 |  |  | 15,150 |  |  |  |  | 24,240 |
Total net sales |  | $ | 54,015 |  |  | $ | 43,777 |  |  |  |  | $ | 97,792 |
|  | Three Months Ended March 31, 2024
|  | Rail, Technologies, and Services |  | Infrastructure Solutions |  |  |  | Total
Point in time |  | $ | 65,539 |  |  | $ | 29,657 |  |  |  |  | $ | 95,196 |
Over time |  | 17,084 |  |  | 12,040 |  |  |  |  | 29,124 |
Total net sales |  | $ | 82,623 |  |  | $ | 41,697 |  |  |  |  | $ | 124,320 |
Revenue recognized over time was as follows for the periods presented:
|  | Three Months Ended March 31, |  | Percentage of Total Net Sales Three Months Ended March 31,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Over time input method |  | $ | 7,742 |  |  | $ | 13,143 |  |  | 7.9 | % |  | 10.6 | %
Over time output method |  | 16,498 |  |  | 15,981 |  |  | 16.9 |  |  | 12.9 |
Total over time sales |  | $ | 24,240 |  |  | $ | 29,124 |  |  | 24.8 | % |  | 23.4 | %
Schedule of Contract with Customer, Contract Asset, Contract Liability | The following table sets forth the Company’s contract assets:
|  | Contract Assets
Balance as of December 31, 2024 |  | $ | 16,720 |
Net additions to contract assets |  | 1,935 |
Transfers from contract asset balance to accounts receivable |  | (5,296) |
Balance as of March 31, 2025 |  | $ | 13,359 |
The following table sets forth the Company’s contract liabilities:
|  | Contract Liabilities
Balance as of December 31, 2024 |  | $ | 1,991 |
Revenue recognized from contract liabilities |  | (798) |
Increase in billings in excess of cost, excluding revenue recognized |  | 599 |
Balance as of March 31, 2025 |  | $ | 1,792 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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