Quarterly report pursuant to Section 13 or 15(d)

Note 17 - Segment Reporting (Tables)

v3.22.2.2
Note 17 - Segment Reporting (Tables)
9 Months Ended
Jul. 31, 2022
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
   

Three Months Ended July 31,

   

Nine Months Ended July 31,

 

(in thousands)

 

2022

   

2021

   

2022

   

2021

 

Revenue

                               

U.S. Concrete Pumping

  $ 77,352     $ 58,025     $ 212,189     $ 166,509  

U.K. Operations

    14,417       12,652       39,980       34,285  

U.S. Concrete Waste Management Services

    12,813       10,122       34,551       27,552  

Corporate

    625       625       1,875       1,875  

Intersegment

    (738 )     (663 )     (2,197 )     (2,167 )

Total revenue

  $ 104,469     $ 80,761     $ 286,398     $ 228,054  
   

Three Months Ended July 31,

   

Nine Months Ended July 31,

 

(in thousands)

 

2022

   

2021

   

2022

   

2021

 

EBITDA

                               

U.S. Concrete Pumping

  $ 21,495     $ 17,178     $ 52,524     $ 30,419  

U.K. Operations

    3,197       3,381       8,619       8,794  

U.S. Concrete Waste Management Services

    4,976       4,837       13,398       11,542  

Corporate

    8,045       885       11,769       (9,318 )

Total EBITDA

  $ 37,713     $ 26,281     $ 86,310     $ 41,437  
                                 

Consolidated EBITDA reconciliation

                               

Net income (loss)

  $ 14,496     $ 4,638     $ 21,664     $ (18,505 )

Interest expense, net

    6,517       6,153       19,126       19,082  

Income tax expense (benefit)

    2,510       1,652       3,015       (826 )

Depreciation and amortization

    14,190       13,838       42,505       41,686  

Total EBITDA

  $ 37,713     $ 26,281     $ 86,310     $ 41,437  
   

Three Months Ended July 31,

   

Nine Months Ended July 31,

 

(in thousands)

 

2022

   

2021

   

2022

   

2021

 

Depreciation and amortization

                               

U.S. Concrete Pumping

  $ 9,927     $ 9,206     $ 29,615     $ 27,885  

U.K. Operations

    1,881       2,042       5,892       6,124  

U.S. Concrete Waste Management Services

    2,170       2,379       6,361       7,050  

Corporate

    212       211       637       627  

Total depreciation and amortization

  $ 14,190     $ 13,838     $ 42,505     $ 41,686  
                                 

Interest expense, net

                               

U.S. Concrete Pumping

  $ (5,795 )   $ (5,347 )   $ (16,879 )   $ (16,717 )

U.K. Operations

    (722 )     (806 )     (2,247 )     (2,365 )

Total interest expense, net

  $ (6,517 )   $ (6,153 )   $ (19,126 )   $ (19,082 )
                                 

Transaction costs and debt extinguishment costs

                               

U.S. Concrete Pumping

  $ 20     $ 111     $ 59     $ 15,705  

Total transaction costs including transaction-related debt extinguishment

  $ 20     $ 111     $ 59     $ 15,705  
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
   

July 31,

   

October 31,

 

(in thousands)

 

2022

   

2021

 

Total assets

               

U.S. Concrete Pumping

  $ 628,504     $ 591,820  

U.K. Operations

    103,481       109,631  

U.S. Concrete Waste Management Services

    153,092       145,199  

Corporate

    28,004       26,648  

Intersegment

    (88,613 )     (80,633 )

Total assets

  $ 824,468     $ 792,665  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
   

Three Months Ended July 31,

   

Nine Months Ended July 31,

 

(in thousands)

 

2022

   

2021

   

2022

   

2021

 

Revenue by geography

                               

U.S.

  $ 90,052     $ 68,109     $ 246,418     $ 193,769  

U.K.

    14,417       12,652       39,980       34,285  

Total revenue

  $ 104,469     $ 80,761     $ 286,398     $ 228,054  
   

July 31,

   

October 31,

 

(in thousands)

 

2022

   

2021

 

Long-lived tangible assets

               

U.S.

  $ 332,236     $ 285,307  

U.K.

    53,011       52,464  

Total long lived assets

  $ 385,247     $ 337,771