v3.19.2
Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Dec. 05, 2018
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2019
Jul. 31, 2018
Revenue $ 24,396,000 $ 78,655,000 $ 66,649,000 $ 174,613,000 $ 175,854,000
Cost of operations 14,027,000 39,665,000 36,467,000 98,396,000 98,430,000
Gross profit 10,369,000 38,990,000 30,182,000 76,217,000 77,424,000
General and administrative expenses 4,936,000 28,159,000 16,798,000 63,693,000 42,887,000
Transaction costs 14,167,000 176,000 1,395,000 1,458,000 2,520,000
Income (loss) from operations (8,734,000) 10,655,000 11,989,000 11,066,000 32,017,000
Other income (expense):          
Interest expense (1,644,000) (9,843,000) (5,477,000) (24,753,000) (15,690,000)
Loss on extinguishment of debt (16,395,000)
Other income, net 6,000 28,000 14,000 59,000 34,000
Total other income (expense) (18,033,000) (9,815,000) (5,463,000) (24,694,000) (15,656,000)
Income (loss) before income taxes (26,767,000) 840,000 6,526,000 (13,628,000) 16,361,000
Income tax expense (benefit) (4,192,000) (1,922,000) 1,701,000 (3,115,000) (10,632,000)
Net income (loss) attributable to Concrete Pumping Holdings, Inc. (22,575,000) 2,762,000 4,825,000 (10,513,000) 26,993,000
Less: Preferred stock - cumulative dividends (126,000) (456,000) (1,050,000) (1,159,000) (1,050,000)
Less: Undistributed earnings allocated to participating securities (53,000) (892,000) (6,127,000)
Undistributed income (loss) available to common shareholders $ (22,701,000) $ 2,306,000 $ 2,883,000 $ (11,672,000) $ 19,816,000
Weighted average common shares outstanding          
Weighted average shares - basic (in shares) 7,576,289 49,940,411 7,576,289 37,155,182 7,576,289
Weighted average shares - diluted (in shares) 7,576,289 53,122,690 8,510,779 37,155,182 8,510,779
Net income (loss) per common share          
Basic (in dollars per share) $ (3) $ 0.05 $ 0.38 $ (0.31) $ 2.62
Diluted (in dollars per share) $ (3) $ 0.05 $ 0.34 $ (0.31) $ 2.33

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