XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Condensed Consolidated Statements of Operations [Abstract]        
Revenues $ 25,202 $ 40,651 $ 47,857 $ 185,020
Cost of sales 29,281 46,061 66,883 191,255
Gross loss (4,079) (5,410) (19,026) (6,235)
Selling, general and administrative expenses 7,158 7,772 21,105 30,791
Loss on sale of railcars available for lease   42   5,238
Restructuring and impairment charges 30,103 23,032 31,250 24,351
Operating loss (41,340) (36,256) (71,381) (66,615)
Interest expense and deferred financing costs (208) (223) (671) (374)
Other income 160 363 518 765
Loss before income taxes (41,388) (36,116) (71,534) (66,224)
Income tax benefit (75) (387) (78) (576)
Net loss (41,313) (35,729) (71,456) (65,648)
Less: Net loss attributable to noncontrolling interest in JV (991)   (1,396)  
Net loss attributable to FreightCar America $ (40,322) $ (35,729) $ (70,060) $ (65,648)
Net loss per common share attributable to FreightCar America- basic and diluted $ (3.03) $ (2.83) $ (5.30) $ (5.20)
Weighted average common shares outstanding – basic and diluted 12,426,872 12,359,478 12,399,687 12,349,670