FOSTER L B CO
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
FSTR$42.04+0.4%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Comprehensive Income (Loss)
(In thousands)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net income | $35,898 | $447 | $43,120 | $1,769 |
| Other comprehensive income (loss), net of tax: | ||||
| Foreign currency translation adjustment | 1,376 | (1,651) | (590) | 852 |
| Unrealized (loss) gain on cash flow hedges, net of tax expense of $0 | (698) | 1 | (778) | 79 |
| Reclassification of pension liability adjustments to earnings, net of tax expense of $5, $1, $12, and $5, respectively* | 24 | 42 | 75 | 123 |
| Total comprehensive income (loss) | 36,600 | (1,161) | 41,827 | 2,823 |
| Less comprehensive (loss) income attributable to noncontrolling interest: | ||||
| Net loss attributable to noncontrolling interest | (7) | (68) | (68) | (125) |
| Foreign currency translation adjustment | 18 | (21) | (71) | 12 |
| Amounts attributable to noncontrolling interest | 11 | (89) | (139) | (113) |
| Comprehensive income (loss) attributable to L.B. Foster Company | $36,589 | $(1,072) | $41,966 | $2,936 |
| * | Reclassifications out of “Accumulated other comprehensive loss” for pension obligations are charged to “Selling and administrative expenses” within the Condensed Consolidated Statements of Operations. |
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