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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Summary of Significant Accounting Policies [Abstract]  
Useful Life of Property, Plant and Equipment



 

Description of Assets

Life

Buildings and improvements

15-40 years

Leasehold improvements                                  

6-19 years

Machinery and equipment

3-7 years

Software

3-7 years



Schedule of Revenue Recognition



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

Year ended

 



 

December 31,

 



 

 

2018

 

 

2017

 



 

 

 

 

 

 

 

Railcar sales

 

$

296,394 

 

$

398,095 

 

Parts sales

 

 

14,180 

 

 

8,874 

 

Other sales

 

 

59 

 

 

207 

 

     Revenues from contracts with customers

 

 

310,633 

 

 

407,176 

 

Leasing revenues

 

 

5,886 

 

 

2,298 

 

     Total revenues

 

$

316,519 

 

$

409,474 

 



Schedule of ASU 2017-07 Adoption



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Year ended December 31, 2017



As reported

 

Reclassifications

 

As adjusted



 

 

 

 

 

 

 

 

Cost of sales

$

406,143 

 

$

335 

 

$

406,478 

Selling, general and administrative expenses

$

32,911 

 

$

76 

 

$

32,987 

Restructuring and impairment charges

$

2,212 

 

$

(420)

 

$

1,792 

Other income

$

548 

 

$

(9)

 

$

539