Concrete Pumping Holdings, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Note 3 - Business Combinations (Tables)

Note 3 - Business Combinations (Tables)

3 Months Ended

12 Months Ended

Jan. 31, 2019

Oct. 31, 2018

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Consideration paid:
Cash		$	445,386
Fair value of rollover equity			164,908
Total consideration paid		$	610,294

Net assets acquired:
Current assets		$	49,112
Intangible assets			220,700
Property and equipment			219,279
Liabilities assumed			(117,608	)
Total net assets acquired			371,483

Goodwill		$	238,811

Consideration paid:
Cash, net of cash acquired		$	21,000
Total consideration paid		$	21,000

Net assets acquired:
Inventory		$	140
Property, plant and equipment			16,163
Intangible assets			2,810
Total net assets acquired			19,113

Goodwill		$	1,887

Consideration paid:
Cash		$	21,000,000
Total consideration paid		$	21,000,000

Net assets acquired:
Inventory		$	140,000
Property, plant and equipment			16,163,000
Intangible assets			2,810,000
Total net assets acquired			19,113,000

Goodwill		$	1,887,000

Consideration paid:
Cash, net of cash acquired		$	11,267,729
Debt issued to sellers			1,941,150
Total consideration paid		$	13,208,879

Net assets acquired:
Trade accounts receivable		$	1,624,598
Inventory			178,432
Prepaid expenses and other current assets			223,619
Property, plant and equipment			9,194,329
Intangible assets			1,194,454
Accounts payable			(533,129	)
Accrued expenses and other current liabilities			(971,005	)
Deferred tax liabilities			(879,069	)
Total net assets acquired			10,032,229

Goodwill		$	3,176,650

Consideration paid:
Cash, net of cash acquired		$	49,159,520
Debt issued to sellers			6,221,000
Contingent consideration			908,266
Total consideration paid		$	56,288,786

Net assets acquired:
Trade accounts receivable		$	6,344,614
Inventory			564,833
Other current assets			726,679
Property and equipment			25,641,272
Intangible assets			18,574,662
Accounts payable			(1,579,842	)
Accrued expenses and other current liabilities			(3,291,260	)
Capital lease obligation			(183,405	)
Deferred tax liabilities			(5,369,822	)
Total net assets acquired			41,427,731

Goodwill		$	14,861,055

Business Acquisition, Pro Forma Information [Table Text Block]

		Successor				Predecessor
(in thousands)		November 1, 2018 through January 31, 2019				November 1, 2017 through January 31, 2018
Revenue		$	24,396			$	52,802
Pro forma revenue adjustments by Business Combination
O'Brien			-				3,254
CPH			33,970				-
Total pro forma revenue		$	58,366			$	56,056

		Successor				Predecessor
		November 1, 2018 through January 31, 2019				November 1, 2017 through January 31, 2018
Net (loss) income		$	(22,575	)		$	17,558
Pro forma net income adjustments by Business Combination
O'Brien			-				(5,811	)
CPH			(3,630	)			-
Total pro forma net (loss) income		$	(26,205	)		$	11,747

		2018				2017				2016

Revenue		$	243,223,267			$	211,210,599			$	172,425,547
Pro forma revenue adjustments by Business Combination:
O'Brien			6,990,368				13,796,172				-
Reilly			-				6,068,988				10,234,834
Camfaud			-				2,288,111				40,295,176
Total pro forma revenue		$	250,213,635			$	233,363,870			$	222,955,557

		2018				2017				2016

Net income		$	28,381,842			$	913,813			$	6,233,591
Pro forma net income adjustments by Business Combination:
O'Brien			(1,012,914	)			(1,482,009	)			-
Reilly			-				341,452				1,209,435
Camfaud			-				(309,078	)			9,881,174
Total pro forma net income		$	27,368,928			$	(535,822	)		$	17,324,200