Concrete Pumping Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 17 - Segment Reporting (Tables)

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,*
		*2022*				*2021*				*2022*				*2021*
(in thousands)		As Restated								As Restated
EBITDA
U.S. Concrete Pumping		$	19,495			$	17,178			$	50,524			$	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		$	35,713			$	26,281			$	84,310			$	41,437

Consolidated EBITDA reconciliation
Net income (loss)		$	12,976			$	4,638			$	20,144			$	(18,505	)
Interest expense, net			6,517				6,153				19,126				19,082
Income tax expense (benefit)			2,030				1,652				2,535				(826	)
Depreciation and amortization			14,190				13,838				42,505				41,686
Total EBITDA		$	35,713			$	26,281			$	84,310			$	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