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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash, cash equivalents and restricted cash equivalents $ 60,484 $ 66,257
Restricted certificates of deposit   3,769
Accounts receivable, net of allowance for doubtful accounts of $161 and $91, respectively 5,718 6,991
Inventories, net 41,121 25,092
Income tax receivable 1,022 535
Other current assets 8,309 7,035
Total current assets 116,654 109,679
Property, plant and equipment, net 39,285 38,564
Railcars available for lease, net 38,647 38,900
Right of use assets 55,517 56,507
Other long-term assets 999 1,552
Total assets 251,102 245,202
Current liabilities    
Accounts and contractual payables 19,653 11,713
Accrued payroll and other employee costs 632 1,389
Reserve for workers' compensation 3,274 3,210
Accrued warranty 8,076 8,388
Customer deposits 22,515 5,123
Deferred income state and local incentives, current 2,219 2,219
Lease liability, current 14,932 14,960
Other current liabilities 3,275 2,428
Total current liabilities 74,576 49,430
Long-term debt 10,200 10,200
Accrued pension costs 6,258 6,510
Deferred income state and local incentives, long-term 4,167 4,722
Lease liability, long-term 52,108 53,766
Other long-term liabilities 3,443 3,420
Total liabilities 150,752 128,048
Stockholders' equity    
Preferred stock, $0.01 par value, 2,500,000 shares authorized (100,000 shares each designated as Series A voting and Series B non-voting, 0 shares issued and outstanding at March 31, 2020 and December 31, 2019)
Common stock, $0.01 par value, 50,000,000 shares authorized, 13,319,197 and 12,731,678 shares issued at March 31, 2020 and December 31, 2019, respectively 133 127
Additional paid in capital 83,374 83,027
Treasury stock, at cost, 152,617 and 44,855 shares at March 31, 2020 and December 31, 2019, respectively (1,124) (989)
Accumulated other comprehensive loss (10,639) (10,780)
Retained earnings 28,877 45,824
Total FreightCar America stockholders' equity 100,621 117,209
Noncontrolling interest in JV (271) (55)
Total stockholders' equity 100,350 117,154
Total liabilities and stockholders' equity $ 251,102 $ 245,202