Annual report pursuant to Section 13 and 15(d)

Note 16 - Earnings Per Share (Tables)

v3.19.3.a.u2
Note 16 - Earnings Per Share (Tables)
12 Months Ended
Oct. 31, 2019
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   
Successor
 
(in thousands, except share and per share amounts)
 
December 6, 2018 through October 31, 2019
 
Net loss attributable to Concrete Pumping Holdings, Inc.   $
(9,912
)
Less: Undistributed earnings allocated to participating securities
   
-
 
Less: Preferred stock - cumulative dividends
   
(1,623
)
Net income (loss) attributable to common stockholders (numerator for basic earnings per share)   $
(11,535
)
Add back: Undistributed earnings allocated to participating securities
   
-
 
Less: Undistributed earnings reallocated to participating securities
   
-
 
Add back: Preferred stock - cumulative dividends
   
-
 
Numerator for diluted earnings per share   $
(11,535
)
         
Weighted average shares (denominator):
       
Weighted average shares - basic
   
41,445,508
 
Weighted average shares - diluted
   
41,445,508
 
         
Basic loss per share   $
(0.28
)
Diluted loss per share   $
(0.28
)
   
Predecessor
 
(in thousands)
 
November 1, 2018 through December 5, 2018
   
Year ended October 31, 2018
 
Net loss (numerator):
               
Net (loss) income attributable to Concrete Pumping Holdings, Inc.
  $
(22,575
)   $
28,382
 
Less: Preferred stock - cumulative dividends
   
(126
)    
(1,428
)
Less: Undistributed earnings allocated to preferred shares
   
-
     
(6,365
)
Net (loss) income available to common shareholders
  $
(22,701
)   $
20,589
 
                 
Weighted average shares (denominator):
               
Weighted average shares - basic
   
7,576,289
     
7,576,289
 
Dilutive effect of stock options
   
-
     
749,601
 
Weighted average shares - diluted
  $
7,576,289
    $
8,325,890
 
                 
Antidilutive stock options
   
932,746
     
-
 
                 
Basic income (loss) per share
  $
(3.00
)   $
2.72
 
Diluted income (loss) per share
  $
(3.00
)   $
2.47