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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash, cash equivalents and restricted cash equivalents $ 32,757 $ 66,257
Restricted certificates of deposit 182 3,769
Accounts receivable, net of allowance for doubtful accounts of $1,063 and $91, respectively 10,293 6,991
Inventories, net 60,186 25,092
Assets held for sale 10,383  
Income tax receivable 109 535
Other current assets 4,737 7,035
Total current assets 118,647 109,679
Property, plant and equipment, net 19,443 38,564
Railcars available for lease, net 38,139 38,900
Right of use asset 34,059 56,507
Other long-term assets 817 1,552
Total assets 211,105 245,202
Current liabilities    
Accounts and contractual payables 20,606 11,713
Accrued payroll and other employee costs 4,258 1,389
Reserve for workers’ compensation 3,475 3,210
Accrued warranty 7,508 8,388
Customer deposits 29,775 5,123
Deferred income state and local incentives, current 2,219 2,219
Lease liability, current 15,102 14,960
Current portion of long-term debt 15,825  
Other current liabilities 4,750 2,428
Total current liabilities 103,518 49,430
Long-term debt, net of current portion 4,375 10,200
Accrued pension costs 5,754 6,510
Deferred income state and local incentives, long-term 3,058 4,722
Lease liability, long-term 44,548 53,766
Other long-term liabilities 3,446 3,420
Total liabilities 164,699 128,048
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 September 30, 2020 and December 31, 2019)
Common stock, $0.01 par value, 50,000,000 shares authorized, 13,604,172 and 12,731,678 shares issued at September 30, 2020 and December 31, 2019, respectively 136 127
Additional paid in capital 83,657 83,027
Treasury stock, at cost, 326,327 and 44,855 shares at September 30, 2020 and December 31, 2019, respectively (1,341) (989)
Accumulated other comprehensive loss (10,359) (10,780)
(Accumulated deficit) Retained earnings (24,236) 45,824
Total FreightCar America stockholders' equity 47,857 117,209
Noncontrolling interest in JV (1,451) (55)
Total stockholders’ equity 46,406 117,154
Total liabilities and stockholders’ equity $ 211,105 $ 245,202