L.B. Foster Company (FSTR) financial statements (2022 and earlier)

Company profile

Business Address 415 HOLIDAY DR
PITTSBURGH, PA 15220
State of Incorp. PA
Fiscal Year End December 31
SIC 5051 - Metals Service Centers and Offices (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,3726,4054,1405,0157,5649,3117,387
Cash and cash equivalents10,3726,4054,1405,0157,5649,3117,387
Receivables64,41164,60178,35665,66058,29861,40082,537
Inventory, net of allowances, customer advances and progress billings62,871108,895114,236117,378116,460117,267113,724
Inventory62,871108,895114,236117,378116,460117,267113,724
Other current assets14,14614,71213,73713,71612,99715,1767,168
Other undisclosed current assets27,679      
Total current assets:179,479194,613210,469201,769195,319203,154210,816
Noncurrent Assets
Finance lease, right-of-use asset151185220255247252309
Operating lease, right-of-use asset15,13114,40315,01015,42616,06916,69617,665
Intangible assets, net (including goodwill)51,17552,59754,46655,85057,23757,86959,132
Goodwill20,15220,14720,42820,37320,34019,82318,974
Intangible assets, net (excluding goodwill)31,02332,45034,03835,47736,89738,04640,158
Deferred income tax assets37,24238,04338,45238,77038,48137,31828,832
Other noncurrent assets1,3461,3361,0181,0781,2041,1721,250
Other undisclosed noncurrent assets58,07158,62660,30661,32861,83862,46979,360
Total noncurrent assets:163,116165,190169,472172,707175,076175,776186,548
TOTAL ASSETS:342,595359,803379,941374,476370,395378,930397,364
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities64,68576,67386,43984,69679,70982,66796,464
Accounts payable41,41153,68665,83766,39854,78760,18171,475
Accrued liabilities13,75712,96312,88812,59715,74013,32215,193
Employee-related liabilities9,51710,0247,7145,7019,1829,1649,796
Deferred revenue13,41113,15417,32215,3597,1447,8358,517
Debt98111124129119117142
Disposal group, including discontinued operation  77146330625 
Other undisclosed current liabilities8,0008,0008,0008,0008,0008,0008,000
Total current liabilities:86,19497,938111,962108,33095,30299,244113,123
Noncurrent Liabilities
Long-term debt and lease obligation, including:31,15332,34237,12136,66444,90548,98755,426
Finance lease, liability537496126128135168
Operating lease, liability12,27911,95912,48212,93813,51614,08114,637
Other undisclosed long-term debt and lease obligation18,82120,30924,54323,60031,26134,77140,621
Liabilities, other than long-term debt13,35915,19015,48415,65815,84215,26720,282
Deferred income tax liabilities3,7533,9504,0104,0464,0854,6264,593
Other liabilities9,60611,24011,47411,61211,75710,64115,689
Other undisclosed noncurrent liabilities28,27931,95934,48236,938   
Total noncurrent liabilities:72,79179,49187,08789,26060,74764,25475,708
Total liabilities:158,985177,429199,049197,590156,049163,498188,831
Stockholders' equity
Stockholders' equity attributable to parent183,092182,052180,509176,532176,830173,351163,896
Common stock111111111111111111111
Treasury stock, value(10,179)(10,917)(11,104)(11,783)(12,703)(12,722)(12,722)
Additional paid in capital43,27244,04843,65043,94344,58345,31344,709
Accumulated other comprehensive loss(18,845)(20,257)(18,873)(19,588)(20,268)(22,363)(24,384)
Retained earnings168,733169,067166,725163,849165,107163,012156,182
Stockholders' equity attributable to noncontrolling interest518322383354   
Total stockholders' equity:183,610182,374180,892176,886176,830173,351163,896
Other undisclosed liabilities and equity    37,51642,08144,637
TOTAL LIABILITIES AND EQUITY:342,595359,803379,941374,476370,395378,930397,364

Income statement (P&L) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues112,965130,053154,522116,080115,576118,365145,766
Cost of revenue(93,930)(107,777)(128,361)(97,250)(93,891)(96,304)(118,713)
Gross profit:19,03522,27626,16118,83021,68522,06127,053
Operating expenses(19,585)(21,518)(21,237)(19,491)(18,829)(18,460)(27,903)
Other undisclosed operating income     2,5164,067
Operating income (loss):(550)7584,924(661)2,8566,1173,217
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
3242,880(70)(59)201209(3,339)
Interest and debt expense(502)(722)(861)(871)(3,708)(17)(19)
Income (loss) from continuing operations before equity method investments, income taxes:(728)2,9163,993(1,591)(651)6,309(141)
Other undisclosed income (loss) from continuing operations before income taxes    2,788(3,473)1,757
Income (loss) from continuing operations before income taxes:(728)2,9163,993(1,591)2,1372,8361,616
Income tax expense (benefit)375(676)(1,139)32114313,742(1,093)
Income (loss) from continuing operations:(353)2,2402,854(1,270)2,28016,578523
Income (loss) from discontinued operations 72  (185)(9,748) 
Net income (loss):(353)2,3122,854(1,270)2,0956,830523
Net income attributable to noncontrolling interest19302212   
Net income (loss) available to common stockholders, diluted:(334)2,3422,876(1,258)2,0956,830523

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income (loss):(353)2,3122,854(1,270)2,0956,830523
Other comprehensive income (loss)(52)23(24)(24)(288)(15)(50)
Other undisclosed comprehensive income (loss)70(1,438)790704   
Comprehensive income (loss):(335)8973,620(590)1,8076,815473
Comprehensive income (loss), net of tax, attributable to noncontrolling interest2761(29)42   
Other undisclosed comprehensive income, net of tax, attributable to parent1,314   20,6242,036362
Comprehensive income (loss), net of tax, attributable to parent:1,0069583,591(548)22,4318,851835

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: