FOSTER L B CO

For the period ended Mar 31, 2025. Filed May 6, 2025.

About this filing

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.

Mar 31, 2025 · Filed May 6, 2025

FSTR$41.88+5.4%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

(In thousands, except share data)

	March 31,2025	December 31,2024
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$2,612	$2,454
Accounts receivable - net (Note 5)	57,132	64,978
Contract assets - net (Note 3)	13,359	16,720
Inventories - net (Note 6)	81,780	70,506
Other current assets	9,433	6,947
Total current assets	164,316	161,605
Property, plant, and equipment - net	75,863	75,374
Operating lease right-of-use assets - net	23,482	18,480
Other assets:
Goodwill (Note 4)	32,358	31,907
Other intangibles - net (Note 4)	13,693	14,801
Deferred tax assets (Note 9)	29,630	28,900
Other assets	3,484	3,483
TOTAL ASSETS	$342,826	$334,550
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$37,257	$50,083
Deferred revenue (Note 3)	10,126	10,205
Accrued payroll and employee benefits	5,313	15,393
Current maturities of long-term debt (Note 7)	151	167
Other accrued liabilities	11,018	12,448
Total current liabilities	63,865	88,296
Long-term debt (Note 7)	82,347	46,773
Deferred tax liabilities (Note 9)	1,112	1,150
Long-term operating lease liabilities	20,112	14,709
Other long-term liabilities	3,795	4,608
Stockholders’ equity:
Common stock, par value $0.01, authorized 20,000,000 shares; shares issued at March 31, 2025 and December 31, 2024, 11,115,779; shares outstanding at March 31, 2025 and December 31, 2024, 10,507,469 and 10,573,432, respectively	111	111
Paid-in capital	41,823	43,550
Retained earnings	165,469	167,579
Treasury stock - at cost, 608,310 and 542,347 common stock shares at March 31, 2025 and December 31, 2024, respectively	(14,736)	(11,208)
Accumulated other comprehensive loss	(21,879)	(21,716)
Total L.B. Foster Company stockholders’ equity	170,788	178,316
Noncontrolling interest	807	698
Total stockholders’ equity	171,595	179,014
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$342,826	$334,550

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.