Concrete Pumping Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Note 18 - Segment Reporting (Tables)

12 Months Ended

Oct. 31, 2020

				(As Restated)
	*Successor*							*Predecessor*
(in thousands)	*Year Ended October 31, 2020*				*December 6, 2018 through October 31, 2019*			*November 1, 2018 through December 5, 2018*
Revenue
U.S. Concrete Pumping	$	229,740			$	187,031		$	16,659
U.K. Operations		39,145				44,021			5,143
U.S. Concrete Waste Management Services		35,890				27,779			2,628
Corporate		2,500				2,258			242
Intersegment		(2,974	)			(2,524	)		(276	)
	$	304,301			$	258,565		$	24,396

Income (loss) before income taxes
U.S. Concrete Pumping	$	(56,095	)		$	(17,689	)	$	(27,354	)
U.K. Operations		(16,540	)			1,661			207
U.S. Concrete Waste Management Services		4,997				965			225
Corporate		1,410				(4,643	)		155
	$	(66,228	)		$	(19,706	)	$	(26,767	)

				(As Restated)
	Successor							Predecessor
(in thousands)	Year Ended October 31, 2020				December 6, 2018 through October 31, 2019			November 1, 2018 through December 5, 2018
EBITDA
U.S. Concrete Pumping	$	17,074		¹	$	46,729		$	(24,565	)
U.K. Operations		(5,163	)	¹		13,173			1,587
U.S. Concrete Waste Management Services		15,684				11,838			388
Corporate		2,240				(3,914	)		180
	$	29,835			$	67,826		$	(22,410	)

Consolidated EBITDA reconciliation
Net loss	$	(61,251	)		$	(16,403	)	$	(22,575	)
Interest expense, net		34,408				34,880			1,644
Income tax benefit		(4,977	)			(3,303	)		(4,192	)
Depreciation and amortization		61,655				52,652			2,713
EBITDA	$	29,835			$	67,826		$	(22,410	)

	*Successor*						*Predecessor*
(in thousands)	*Year Ended October 31, 2020*			*December 6, 2018 through October 31, 2019*			*November 1, 2018 through December 5, 2018*
Depreciation and amortization
U.S. Concrete Pumping	$	41,717		$	32,245		$	1,635
U.K. Operations		8,422			8,807			890
U.S. Concrete Waste Management Services		10,687			10,871			163
Corporate		829			729			25
	$	61,655		$	52,652		$	2,713

Interest expense, net
U.S. Concrete Pumping	$	(31,452	)	$	(32,173	)	$	(1,154	)
U.K. Operations		(2,955	)		(2,705	)		(490	)
U.S. Concrete Waste Management Services		-			(2	)		-
Corporate		(1	)		-			-
	$	(34,408	)	$	(34,880	)	$	(1,644	)

Transaction costs including transaction-related debt extinguishment
U.S. Concrete Pumping	$	-		$	1,521		$	-
Corporate		-			-			30,562
	$	-		$	1,521		$	30,562

	*October 31,*			*October 31,*
(in thousands)	*2020*			*2019*
Total Assets
U.S. Concrete Pumping	$	570,536		$	637,384
U.K. Operations		109,726			138,435
U.S. Concrete Waste Management Services		140,209			137,646
Corporate		25,517			24,223
Intersegment		(72,230	)		(66,323	)
	$	773,758		$	871,365