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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash, cash equivalents and restricted cash equivalents $ 54,047 $ 66,257
Restricted certificates of deposit 182 3,769
Accounts receivable, net of allowance for doubtful accounts of $1,235 and $91, respectively 13,883 6,991
Inventories, net 38,831 25,092
Assets held for sale 10,383  
Income tax receivable 27 535
Prepaid expenses 3,625 7,035
Total current assets 120,978 109,679
Property, plant and equipment, net 19,642 38,564
Railcars available for lease, net 20,933 38,900
Right of use asset 18,152 56,507
Other long-term assets 3,037 1,552
Total assets 182,742 245,202
Current liabilities    
Accounts and contractual payables 18,654 11,713
Accrued payroll and other employee costs 2,505 1,389
Reserve for workers’ compensation 2,645 3,210
Accrued warranty 5,216 8,388
Customer deposits 4,351 5,123
Deferred income state and local incentives, current 2,219 2,219
Lease liability, current 11,635 14,960
Current portion of long-term debt 17,605  
Other current liabilities 6,319 2,428
Total current liabilities 71,149 49,430
Long-term debt, net of current portion 37,668 10,200
Warrant liability 12,730  
Accrued pension costs 7,046 6,510
Deferred income state and local incentives, long-term 2,503 4,722
Lease liability, long-term 18,549 53,766
Other long-term liabilities 2,600 3,420
Total liabilities 152,245 128,048
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 December 31, 2020 and December 31, 2019)
Common stock, $0.01 par value, 50,000,000 shares authorized, 15,861,406 and 12,731,678 shares issued at December 31, 2020 and December 31, 2019, respectively 159 127
Additional paid in capital 82,064 83,027
Treasury stock, at cost, 327,577 and 44,855 shares at December 31, 2020 and December 31, 2019, respectively (1,344) (989)
Accumulated other comprehensive loss (11,763) (10,780)
(Accumulated deficit) retained earnings (38,619) 45,824
Total FreightCar America stockholders' equity 30,497 117,209
Noncontrolling interest in JV   (55)
Total stockholders’ equity 30,497 117,154
Total liabilities and stockholders’ equity $ 182,742 $ 245,202