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

Note 17 - Earnings Per Share (Tables)

12 Months Ended

Oct. 31, 2023

	Year Ended October 31,
(in thousands, except share and per share amounts)	2023			2022
Net income (numerator):
Net income attributable to Concrete Pumping Holdings, Inc.	$	31,790		$	28,676
Less: Accretion of liquidation preference on preferred stock		(1,750	)		(1,750	)
Less: Undistributed earnings allocated to participating securities		(1,017	)		(1,274	)
Net income attributable to common stockholders (numerator for basic earnings per share)	$	29,023		$	25,652
Add back: Undistributed earning allocated to participating securities		1,017			1,274
Less: Undistributed earnings reallocated to participating securities		(1,000	)		(1,254	)
Numerator for diluted earnings (loss) per share	$	29,040		$	25,672

Weighted average shares (denominator):
Weighted average shares - basic		53,276,450			53,914,311
Weighted average shares - diluted		54,173,731			54,851,308

Basic earnings (loss) per share	$	0.54		$	0.48
Diluted earnings (loss) per share	$	0.54		$	0.47