Quarterly report [Sections 13 or 15(d)]

Note 13 - Earnings Per Share

v3.26.1
Note 13 - Earnings Per Share
9 Months Ended
Jul. 31, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 13. Earnings Per Share

 

The table below shows our basic and diluted EPS calculations for the three and nine months ended July 31, 2026 and 2025:

 

   

Three Months Ended July 31,

   

Nine Months Ended July 31,

 

(in thousands, except per share amounts)

 

2026

   

2025

   

2026

   

2025

 

Net income (numerator):

                               

Net income attributable to Concrete Pumping Holdings, Inc.

  $ 4,931     $ 3,699     $ 5,037     $ 1,056  

Less: Accretion of liquidation preference on preferred stock

    (441 )     (441 )     (1,309 )     (1,309 )

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

  $ 4,490     $ 3,258     $ 3,728     $ (253 )
                                 

Weighted average shares (denominator):

                               

Weighted average shares - basic

    50,426       51,696       50,656       52,435  

Weighted average shares - diluted

    51,103       51,906       51,497       52,435  
                                 

Basic earnings per share

  $ 0.09     $ 0.07     $ 0.07     $ -  

Diluted earnings per share

  $ 0.09     $ 0.07     $ 0.07     $ -  

 

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, 2026, 2.5 million shares of Series A Preferred Stock and 0.3 million of restricted stock units were excluded. For the nine months ended July 31, 2026, 2.5 million shares of Series A Preferred Stock were excluded. 

 

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.

 

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.