Quarterly report pursuant to Section 13 or 15(d)

Note 16 - Earnings Per Share (Tables)

v3.19.2
Note 16 - Earnings Per Share (Tables)
9 Months Ended
Jul. 31, 2019
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   
Successor
 
(in thousands, except share and per share amounts)
 
Three Months Ended July 31, 2019
   
December 6, 2018
through
July 31,
2019
 
Net income (loss) attributable to Concrete Pumping Holdings, Inc.
  $
2,762
    $
(10,513
)
Less: Undistributed earnings allocated to participating securities
   
(53
)    
-
 
Less: Preferred stock - cumulative dividends
   
(456
)    
(1,159
)
Net income (loss) attributable to common stockholders (numerator for basic earnings per share)
  $
2,253
    $
(11,672
)
Add back: Undistributed earnings allocated to participating securities
   
53
     
-
 
Less: Undistributed earnings reallocated to participating securities
   
(51
)    
-
 
Add back: Preferred stock - cumulative dividends    
456
     
-
 
Numerator for diluted earnings per share
  $
2,711
    $
(11,672
)
                 
Weighted average shares (denominator):
               
Weighted average shares - basic
   
49,940,411
     
37,155,182
 
Weighted average shares - diluted
   
53,122,690
     
37,155,182
 
                 
Basic earnings (loss) per share
  $
0.05
    $
(0.31
)
Diluted earnings (loss) per share
  $
0.05
    $
(0.31
)
   
Predecessor
 
(in thousands)
 
November 1, 2018
through
December 5,
2018
   
Three Months Ended
July 31, 2018
   
Nine Months
Ended July 31,
2018
 
Net (loss) income attributable to Concrete Pumping Holdings, Inc
  $
(22,575
)   $
4,825
    $
26,993
 
Less: Preferred stock - cumulative dividends
   
(126
)   $
(1,050
)    
(1,050
)
Less: Undistributed earnings allocated to preferred shares
   
-
    $
(892
)    
(6,127
)
Net (loss) income available to common shareholders
  $
(22,701
)   $
2,883
    $
19,816
 
                         
Weighted average shares (denominator):
                       
Weighted average shares - basic
  $
7,576,289
    $
7,576,289
    $
7,576,289
 
Weighted average shares - diluted
  $
7,576,289
    $
8,510,779
    $
8,510,779
 
                         
Antidilutive stock options
  $
932,746
     
-
     
-
 
                         
Basic income (loss) per share
  $
(3.00
)   $
0.38
    $
2.62
 
Diluted income (loss) per share
  $
(3.00
)   $
0.34
    $
2.33