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Segment Information
 12 Months Ended
Dec. 31, 2020
Segment Information [Abstract]  
Segment Information Note 20 – Segment Information

The Company’s operations comprise two operating segments, Manufacturing and Parts, and one reportable segment, Manufacturing. The Company’s Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Company’s Parts operating segment is not significant for reporting purposes and has been combined with corporate and other non-operating activities as Corporate and Other.

Segment operating income is an internal performance measure used by the Company’s Chief Operating Decision Maker to assess the performance of each segment in a given period. Segment operating income includes all external revenues attributable to the segments as well as operating costs and income that management believes are directly attributable to the current production of goods and services. The Company’s management reporting package does not include interest revenue, interest expense or income taxes allocated to individual segments and these items are not considered as a component of segment operating income. Segment assets represent operating assets and exclude intersegment accounts, deferred tax assets and income tax receivables. The Company does not allocate cash and cash equivalents to its operating segments as the Company’s treasury function is managed at the corporate level. Intersegment revenues were not material in any period presented.

Year Ended

December 31,

2020

2019

Revenues:

Manufacturing

$

98,706

$

219,064

Corporate and Other

9,741

10,894

Consolidated Revenues

$

108,447

$

229,958

Operating Loss:

Manufacturing

$

(59,031)

$

(53,501)

Corporate and Other

(21,562)

(22,101)

Consolidated Operating Loss:

$

(80,593)

$

(75,602)

Consolidated interest expense

(2,225)

(609)

Loss on change in fair market value of warrant liability

(3,657)

-

Consolidated other income

576

858

Consolidated Loss Before Income Taxes

$

(85,899)

$

(75,353)

Depreciation and Amortization:

Manufacturing

$

8,434

$

11,622

Corporate and Other

768

778

Consolidated Depreciation and Amortization

$

9,202

$

12,400

Capital Expenditures:

Manufacturing

$

8,715

$

5,261

Corporate and Other

1,134

312

Consolidated Capital Expenditures

$

9,849

$

5,573

December 31,

December 31,

2020

2019

Assets:

Manufacturing

$

114,669

$

156,859

Corporate and Other

68,046

87,329

Total Operating Assets

182,715

244,188

Consolidated income taxes receivable

27

1,014

Consolidated Assets

$

182,742

$

245,202

Geographic Information

Revenues

Long Lived Assets(a)

Year Ended

Year Ended

December 31,

December 31,

2020

2019

2020

2019

United States

$

108,447

$

229,958

$

48,126

$

132,825

Mexico (b)

-

-

20,984

1,146

Total

$

108,447

$

229,958

$

69,110

$

133,971

(a) Long lived assets include Assets held for sale, Property plant and equipment, Railcars available for lease, and ROU assets

(b) Included in manufacturing segment