| Earnings Per Share [Text Block] |
Note 11. Earnings Per Share
The table below shows our basic and diluted EPS calculations for the three and nine months ended July 31, 2025 and 2024:
| |
|
Three Months Ended July 31, |
|
|
Nine Months Ended July 31, |
|
| (in thousands, except per share amounts) |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| Net income (loss) (numerator): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income attributable to Concrete Pumping Holdings, Inc. |
|
$ |
3,699 |
|
|
$ |
7,560 |
|
|
$ |
1,056 |
|
|
$ |
6,780 |
|
| Less: Accretion of liquidation preference on preferred stock |
|
|
(441 |
) |
|
|
(440 |
) |
|
|
(1,309 |
) |
|
|
(1,310 |
) |
| Less: Undistributed earnings allocated to participating securities |
|
|
- |
|
|
|
(31 |
) |
|
|
- |
|
|
|
(41 |
) |
| Net income (loss) attributable to common stockholders (numerator for basic earnings per share) |
|
$ |
3,258 |
|
|
$ |
7,089 |
|
|
$ |
(253 |
) |
|
$ |
5,429 |
|
| Add back: Undistributed earnings allocated to participating securities |
|
|
- |
|
|
|
31 |
|
|
|
- |
|
|
|
41 |
|
| Less: Undistributed earnings reallocated to participating securities |
|
|
- |
|
|
|
(31 |
) |
|
|
- |
|
|
|
(41 |
) |
| Numerator for diluted earnings per share |
|
$ |
3,258 |
|
|
$ |
7,089 |
|
|
$ |
(253 |
) |
|
$ |
5,429 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares (denominator): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares - basic |
|
|
51,696 |
|
|
|
53,699 |
|
|
|
52,435 |
|
|
|
53,556 |
|
| Weighted average shares - diluted |
|
|
51,906 |
|
|
|
53,775 |
|
|
|
52,435 |
|
|
|
54,191 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic earnings per share |
|
$ |
0.07 |
|
|
$ |
0.13 |
|
|
$ |
- |
|
|
$ |
0.10 |
|
| Diluted earnings per share |
|
$ |
0.07 |
|
|
$ |
0.13 |
|
|
$ |
- |
|
|
$ |
0.10 |
|
Certain outstanding stock awards, options and preferred stock as provided below were excluded from the diluted earnings per share calculation for the periods presented because they were anti-dilutive.
| |
● |
For the three months ended July 31, 2025, 2.5 million shares of Series A Preferred Stock, 0.8 million of restricted stock units and 0.1 million of outstanding options were excluded. |
| |
● |
For the nine months ended July 31, 2025, 2.5 million shares of Series A Preferred Stock, 1.0 million of restricted stock units and 0.1 million of outstanding options were excluded. |
| |
|
|
| |
● |
For the three months ended July 31, 2024, 0.6 million of outstanding stock awards and options and 2.5 million shares of Series A Preferred Stock were excluded. |
| |
● |
For the nine months ended July 31, 2024, 0.4 million of outstanding stock awards and options and 2.5 million shares of Series A Preferred Stock were excluded. |
Dividends
During the nine months ended July 31, 2025, the Company paid a special cash dividend of $1.00 per share totaling approximately $53.1 million.
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