Annual report [Section 13 and 15(d), not S-K Item 405]

Note 14 - Earnings Per Share

v3.25.4
Note 14 - Earnings Per Share
12 Months Ended
Oct. 31, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 14. Earnings Per Share

 

The table below shows our basic and diluted EPS calculations for the fiscal year ended October 31, 2025 and 2024:

 

   

Year Ended October 31,

 

(in thousands, except per share amounts)

 

2025

   

2024

 

Net income (numerator):

               

Net income attributable to Concrete Pumping Holdings, Inc.

  $ 6,373     $ 16,207  

Less: Accretion of liquidation preference on preferred stock

    (1,750 )     (1,750 )

Less: Undistributed earnings allocated to participating securities

    -       (142 )

Net income attributable to common stockholders (numerator for basic earnings per share)

  $ 4,623     $ 14,315  

Add back: Undistributed earnings allocated to participating securities

    -       142  

Less: Undistributed earnings reallocated to participating securities

    -       (141 )

Numerator for diluted earnings per share

  $ 4,623     $ 14,316  
                 

Weighted average shares (denominator):

               

Weighted average shares - basic

    52,142       53,543  

Weighted average shares - diluted

    52,686       54,238  
                 

Basic earnings per share

  $ 0.09     $ 0.27  

Diluted earnings per share

  $ 0.09     $ 0.26  

 

Certain outstanding stock awards and options, preferred stock and warrants were excluded from the diluted earnings per share calculation for the periods presented because they were anti-dilutive. For the twelve months ended October 31, 2025 and 2024, 2.5 million shares of Series A Preferred Stock, 0.1 million of outstanding stock awards and options were excluded.

 

Dividends

 

During the twelve months ended October 31, 2025, the Company paid a special cash dividend of $1.00 per share totaling approximately $53.1 million.