Today's infrastructure is built on L.B. Foster's legacy. For more than a century, our company has provided the materials necessary to construct and maintain major transportation, construction, utility, recreation and agriculture projects. L.B. Foster products have recently contributed to the improvement of many landmark structures including the Panama Canal, Brooklyn Bridge and New Orleans flood walls.

L.B. Foster operates individual business units that specialize in rail, construction and tubular products. These groups manage manufacturing, distribution and sales facilities nationwide. We also function as a distributor and service provider in strategic alliances with industry leading manufacturing and engineering firms.

Our company maintains ongoing programs that enhance product quality, improve operational processes and assure employee safety. L.B. Foster is committed to providing superior products for our customers, an entrepreneurial climate for our employees and exceptional value for our stakeholders.

L.B. Foster was founded in 1902 and is headquartered in Pittsburgh, US

L.B. Foster has an office in Pittsburgh

Pittsburgh, US (HQ)

415 Holiday Dr

L.B. Foster's revenue was reported to be $118.7 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 118.7 m |

## Gross profit (Q1, 2017) | 39.3 m |

## Gross profit margin (Q1, 2017), % | 33% |

## Net income (Q1, 2017) | (2.4 m) |

## Market capitalization (17-Aug-2017) | 186 m |

## Cash (31-Mar-2017) | 33.8 m |

L.B. Foster's current market capitalization is $186 m.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 598 m | 607.2 m | 624.5 m | 483.5 m |

## Revenue growth, % | 2% | 3% | (23%) | |

## Cost of goods sold | 482 m | 485.6 m | 420.2 m | 331.4 m |

## Gross profit | 115.9 m | 121.6 m | 204.4 m | 152.1 m |

## Gross profit Margin, % | 19% | 20% | 33% | 31% |

## General and administrative expense | 86 m | |||

## Operating expense total | 71.8 m | 82.5 m | 184.2 m | 237.5 m |

## Interest expense | 485 k | 512 k | 4.4 m | 6.6 m |

## Interest income | 659 k | 530 k | 206 k | 228 k |

## Pre tax profit | 44.1 m | 39.1 m | (147.2 m) | |

## Income tax expense | 14.8 m | 13.4 m | (6.1 m) | (5.5 m) |

## Net Income | 29.3 m | 25.7 m | (44.4 m) | (141.7 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 166.8 m | 167.8 m | 137.9 m | 171.4 m | 176.1 m | 126.3 m | 136 m | 114.6 m | 118.7 m |

## Cost of goods sold | 136.1 m | 132.6 m | 107.3 m | 114.8 m | 117.5 m | 86.4 m | 92.6 m | 81.7 m | 79.4 m |

## Gross profit | 30.7 m | 35.2 m | 30.7 m | 56.6 m | 58.6 m | 39.9 m | 43.4 m | 33 m | 39.3 m |

## Gross profit Margin, % | 18% | 21% | 22% | 33% | 33% | 32% | 32% | 29% | 33% |

## General and administrative expense | 19.6 m | 20.6 m | 22.3 m | 24.3 m | 21.6 m | 22.8 m | 23.3 m | 19.8 m | 19.2 m |

## Operating expense total | 19.6 m | 20.6 m | 22.3 m | 24.3 m | 21.6 m | 22.8 m | 23.3 m | 19.8 m | 19.2 m |

## Interest expense | 126 k | 126 k | 613 k | 1.3 m | 1.3 m | 1.2 m | 1.7 m | 1.5 m | 2.1 m |

## Interest income | (147 k) | (140 k) | (57 k) | (37 k) | (66 k) | (55 k) | (52 k) | (50 k) | (56 k) |

## Pre tax profit | 10.2 m | 13.9 m | 6.7 m | 7.8 m | (70.2 m) | (129.4 m) | (9.4 m) | (2 m) | |

## Income tax expense | 3.4 m | 4.7 m | 2.4 m | 2.5 m | (12.8 m) | (1.3 m) | (37.4 m) | (3.4 m) | 431 k |

## Net Income | 6.9 m | 9.1 m | 4.3 m | 9.6 m | (47.8 m) | (2.8 m) | (94.8 m) | (100.8 m) | (2.4 m) |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 64.6 m | 52 m | 33.3 m | 30.4 m |

## Current Assets | 247.4 m | 247.7 m | 214.5 m | 199.6 m |

## PP&E | 50.1 m | 74.8 m | 126.7 m | 104 m |

## Goodwill | 57.8 m | 82.9 m | 81.8 m | 18.9 m |

## Total Assets | 413.7 m | 495.1 m | 566.7 m | 393 m |

## Accounts Payable | 46.6 m | 67.2 m | 55.8 m | 37.7 m |

## Total Debt | 149.2 m | |||

## Current Liabilities | 75.5 m | 108.8 m | 91.6 m | 82.3 m |

## Additional Paid-in Capital | 47.2 m | 48.1 m | 46.7 m | 44.1 m |

## Retained Earnings | 298.4 m | 322.7 m | 276.6 m | 133.7 m |

## Total Equity | 316.4 m | 335.9 m | 282.8 m | 133.3 m |

## Debt to Equity Ratio | 1.1 x | |||

## Debt to Assets Ratio | 0.4 x | |||

## Financial Leverage | 1.3 x | 1.5 x | 2 x | 2.9 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 87.6 m | 86.5 m | 37.6 m | 35.6 m | 33.2 m | 30.9 m | 32.8 m | 3.7 m | 33.8 m |

## Current Assets | 272.3 m | 272.8 m | 252.7 m | 260.3 m | 257.1 m | 210.8 m | 221.3 m | 173.5 m | 211.1 m |

## PP&E | 54 m | 63.1 m | 125.1 m | 128.1 m | 126.9 m | 126 m | 108.6 m | 106.1 m | 103.5 m |

## Goodwill | 57.8 m | 59.6 m | 215.1 m | 162.6 m | 81.2 m | 81.6 m | 24 m | 19.4 m | 19.1 m |

## Total Assets | 440 m | 452.4 m | 695.7 m | 701.8 m | 611.6 m | 558.1 m | 470 m | 411.3 m | 402.2 m |

## Accounts Payable | 59.4 m | 60.2 m | 56.8 m | 56.3 m | 53.5 m | 46.2 m | 58.3 m | 41.3 m | 55.9 m |

## Current Liabilities | 90.7 m | 97.2 m | 97.7 m | 94.6 m | 95.9 m | 82 m | 96.5 m | 78 m | 97.3 m |

## Additional Paid-in Capital | 47 m | 47.6 m | 47 m | 47.7 m | 46.8 m | 45 m | 44 m | 44.2 m | 43.6 m |

## Retained Earnings | 308.3 m | 317.1 m | 326.5 m | 331.5 m | 273.7 m | 273.3 m | 180.9 m | 174.5 m | 131.2 m |

## Total Equity | 327.7 m | 334.5 m | 335.5 m | 344.7 m | 281.1 m | 278.9 m | 184.1 m | 176.8 m | 131.8 m |

## Financial Leverage | 1.3 x | 1.4 x | 2.1 x | 2 x | 2.2 x | 2 x | 2.6 x | 2.3 x | 3.1 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 29.3 m | 25.7 m | (44.4 m) | (141.7 m) |

## Depreciation and Amortization | 10 m | 12.6 m | 14.4 m | 9.6 m |

## Accounts Receivable | (37 m) | 15.2 m | 31.2 m | 12 m |

## Inventories | 29.9 m | (9.9 m) | 4.3 m | 10.5 m |

## Accounts Payable | (5.2 m) | 16.3 m | (17.2 m) | (16 m) |

## Cash From Operating Activities | 56.2 m | 18.4 m | ||

## Purchases of PP&E | (37.5 m) | |||

## Cash From Investing Activities | (205.6 m) | (7.9 m) | ||

## Long-term Borrowings | (161.1 m) | (155.4 m) | ||

## Cash From Financing Activities | 134.3 m | (12.5 m) | ||

## Interest Paid | 330 k | 362 k | 3.7 m | 4.9 m |

## Income Taxes Paid | 18.7 m | 14.6 m | 7.8 m | 3.9 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 6.9 m | 9.1 m | 4.3 m | 9.6 m | (47.8 m) | (2.8 m) | (94.8 m) | (100.8 m) | (2.4 m) |

## Depreciation and Amortization | 6 m | 9.2 m | 4.8 m | 6.8 m | 10.6 m | 3.7 m | 7.3 m | 10.6 m | 1.8 m |

## Accounts Receivable | 4.2 m | 7.8 m | 16 m | 6.5 m | (1.5 m) | 4.3 m | (2.8 m) | 13.5 m | |

## Inventories | (7.6 m) | (11.8 m) | (8.3 m) | (7.8 m) | (1.3 m) | 4.1 m | (231 k) | 3.2 m | |

## Accounts Payable | 13.1 m | 13.7 m | (12.5 m) | (13.1 m) | (16.1 m) | (9.2 m) | 3.8 m | (13.3 m) | 55.9 m |

## Cash From Operating Activities | (7.4 m) | (1.9 m) | 13.7 m | (5.1 m) | 6.6 m | 11.9 m | |||

## Purchases of PP&E | (12.8 m) | ||||||||

## Cash From Investing Activities | (193.7 m) | (202 m) | (205.2 m) | (3.6 m) | (4.9 m) | (6.2 m) | |||

## Long-term Borrowings | (28.1 m) | (62.2 m) | (108.8 m) | (37.1 m) | (68.2 m) | (134.2 m) | |||

## Cash From Financing Activities | 189.1 m | 189 m | 175.7 m | 5.5 m | (2.3 m) | (35.5 m) | |||

## Interest Paid | 177 k | 267 k | 288 k | 1.5 m | 2.5 m | 1.1 m | 2.2 m | 3.5 m | |

## Income Taxes Paid | 3 m | 4.8 m | 3.6 m | 6.4 m | 6.3 m | 3.6 m | 4 m | 4 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 95.7 k |

## Financial Leverage | 3.1 x |

July 01, 2016

* L.B. Foster Co says maximum leverage ratio is increased to
4.75 to 1.00 for second and third quarters of 2016