Quarterly report pursuant to Section 13 or 15(d)

Note 17 - Segment Reporting (Tables)

v3.20.1
Note 17 - Segment Reporting (Tables)
 3 Months Ended
Jan. 31, 2020
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
   
Successor
    
Predecessor
  
(in thousands)
  
Three Months Ended January 31, 2020
    
December 6, 2018 through January 31, 2019
    
November 1, 2018 through December 5, 2018
  
Revenue
      
 
      
 
      
 
U.S. Concrete Pumping
   $
55,105
     $
24,067
     $
16,659
  
U.K. Operations
    
10,685
      
5,815
      
5,143
  
U.S. Concrete Waste Management Services
    
8,283
      
4,088
      
2,628
  
Corporate
    
625
      
-
      
242
  
Intersegment
    
(759
 )    
-
      
(276
 )
    $
73,939
     $
33,970
     $
24,396
  
                         
Income (loss) before income taxes
      
 
      
 
      
 
U.S. Concrete Pumping
   $
(3,874
 )   $
(4,424
 )   $
(27,354
 )
U.K. Operations
    
(1,008
 )    
(1,963
 )    
207
  
U.S. Concrete Waste Management Services
    
571
      
(291
 )    
225
  
Corporate
    
418
      
283
      
155
  
    $
(3,893
 )   $
(6,395
 )   $
(26,767
 )
   
Successor
    
Predecessor
  
(in thousands)
  
Three Months Ended January 31, 2020
    
December 6, 2018 through January 31, 2019
    
November 1, 2018 through December 5, 2018
  
EBITDA
      
 
      
 
      
 
U.S. Concrete Pumping
   $
14,862
     $
5,536
     $
(24,565
 )
U.K. Operations
    
1,958
      
133
      
1,587
  
U.S. Concrete Waste Management Services
    
3,250
      
1,581
      
388
  
Corporate
    
625
      
321
      
180
  
    $
20,695
     $
7,571
     $
(22,410
 )
                         
Consolidated EBITDA reconciliation
      
 
      
 
      
 
Net loss
   $
(2,746
 )   $
(3,630
 )   $
(22,575
 )
Interest expense, net
    
9,503
      
5,592
      
1,644
  
Income tax benefit
    
(1,147
 )    
(2,765
 )    
(4,192
 )
Depreciation and amortization
    
15,085
      
8,374
      
2,713
  
EBITDA
   $
20,695
     $
7,571
     $
(22,410
 )
   
Successor
    
Predecessor
  
(in thousands)
  
Three Months Ended January 31, 2020
    
December 6, 2018 through January 31, 2019
    
November 1, 2018 through December 5, 2018
  
Depreciation and amortization
      
 
      
 
      
 
U.S. Concrete Pumping
   $
10,004
     $
4,826
     $
1,635
  
U.K. Operations
    
2,195
      
1,638
      
890
  
U.S. Concrete Waste Management Services
    
2,679
      
1,872
      
163
  
Corporate
    
207
      
38
      
25
  
    $
15,085
     $
8,374
     $
2,713
  
                         
Interest expense, net
      
 
      
 
      
 
U.S. Concrete Pumping
   $
(8,732
 )   $
(5,134
 )   $
(1,154
 )
U.K. Operations
    
(771
 )    
(458
 )    
(490
 )
U.S. Concrete Waste Management Services
    
-
      
-
      
-
  
Corporate
    
-
      
-
      
-
  
    $
(9,503
 )   $
(5,592
 )   $
(1,644
 )
                         
Transaction costs including transaction-related debt extinguishment
      
 
      
 
      
 
Corporate
   $
-
     $
-
     $
30,562
  
    $
-
     $
-
     $
30,562
  
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
   
January 31,
    
October 31,
  
(in thousands)
  
2020
    
2019
  
Total Assets
      
 
      
 
U.S. Concrete Pumping
   $
637,189
     $
637,384
  
U.K. Operations
    
145,148
      
138,435
  
U.S. Concrete Waste Management Services
    
137,525
      
137,646
  
Corporate
    
24,483
      
24,223
  
Intersegment
    
(80,333
 )    
(66,323
 )
    $
864,012
     $
871,365
  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
   
Successor
    
Predecessor
  
(in thousands)
  
Three Months Ended January 31, 2020
    
December 6, 2018 through January 31, 2019
    
November 1, 2018 through December 5, 2018
  
Revenues
      
 
      
 
      
 
U.S.
   $
63,254
     $
28,155
     $
19,253
  
U.K.
    
10,685
      
5,815
      
5,143
  
    $
73,939
     $
33,970
     $
24,396
  
   
January 31,
    
October 31,
  
(in thousands)
  
2020
    
2019
  
Long Lived Assets
      
 
      
 
U.S.
   $
266,245
     $
263,363
  
U.K.
    
44,731
      
44,052
  
    $
310,976
     $
307,415