Concrete Pumping Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Business Combinations (Tables)

Note 4 - Business Combinations (Tables)

9 Months Ended

Jul. 31, 2019

Notes Tables

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

Consideration paid:		$	129,218

Net assets acquired:
Current assets		$	81
Intangible assets			45,000
Property and equipment			56,467
Liabilities assumed			(63	)
Total net assets acquired			101,485

Goodwill		$	27,733

Cash		$	445,386
Fair value of rollover equity			164,908
Net working capital adjustment			4,048
Total consideration paid		$	614,342


Current assets		$	49,112
Intangible assets			208,063
Property and equipment			219,467
Liabilities assumed			(112,048	)
Total net assets acquired			364,594

Goodwill		$	249,748

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

Business Acquisition, Pro Forma Information [Table Text Block]

		Successor				Predecessor
(in thousands)		Nine months ended July 31, 2019				Nine months ended July 31, 2018
Revenue		$	24,396			$	175,854
Pro forma revenue adjustments by Business Combination
O'Brien			-				6,990
Capital			26,829				45,932
CPH			174,613				-
Total pro forma revenue		$	225,838			$	228,776

		Successor				Predecessor
		Nine months ended July 31, 2019				Nine months ended July 31, 2018
Net (loss) income		$	(22,575	)		$	26,993
Pro forma net income adjustments by Business Combination
O'Brien			-				(1,013	)
Capital			2,868				2,054
CPH			(10,478	)			-
Total pro forma net (loss) income		$	(30,185	)		$	28,034