v3.19.2
Consolidated Statements of Income (Unaudited) - USD ($)
1 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended
Dec. 05, 2018
Apr. 30, 2019
Apr. 30, 2018
Apr. 30, 2019
Apr. 30, 2018
Revenue $ 24,396,000 $ 61,988,000 $ 56,404,000 $ 95,958,000 $ 109,206,000
Cost of operations 14,027,000 37,628,000 31,963,000 58,731,000 61,964,000
Gross profit 10,369,000 24,360,000 24,441,000 37,227,000 47,242,000
General and administrative expenses 4,936,000 21,853,000 12,385,000 35,534,000 26,089,000
Transaction costs 14,167,000 1,282,000 1,117,000 1,282,000 1,125,000
Income (loss) from operations (8,734,000) 1,225,000 10,939,000 411,000 20,027,000
Other income (expense) :          
Interest expense, net (1,644,000) (9,318,000) (5,126,000) (14,910,000) (10,213,000)
Loss on extinguishment of debt (16,395,000)
Other income, net 6,000 20,000 8,000 31,000 20,000
(18,033,000) (9,298,000) (5,118,000) (14,879,000) (10,193,000)
Income (loss) before income taxes (26,767,000) (8,073,000) 5,821,000 (14,468,000) 9,834,000
Income tax expense (benefit) (4,192,000) 1,572,000 1,210,000 (1,193,000) (12,334,000)
Net income (loss) attributable to Concrete Pumping Holdings, Inc. (22,575,000) (9,645,000) 4,611,000 (13,275,000) 22,168,000
Less preferred shares dividends (126,000) (434,000) (342,000) (703,000) (684,000)
Less undistributed earnings allocated to preferred shares (1,008,000) (5,073,000)
Undistributed income (loss) available to common shareholders $ (22,701,000) $ (10,079,000) $ 3,261,000 $ (13,978,000) $ 16,411,000
Weighted average common shares outstanding          
Basic (in shares) 7,576,289 29,166,165 7,576,289 29,043,174 7,576,289
Diluted (in shares) 7,576,289 29,166,165 8,392,781 29,043,174 8,392,781
Net (loss) income per common share          
Basic (in dollars per share) $ (3) $ (0.35) $ 0.43 $ (0.48) $ 2.17
Diluted (in dollars per share) $ (3) $ (0.35) $ 0.39 $ (0.48) $ 1.96

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