Quarterly report [Sections 13 or 15(d)]

Note 19 - Segment Reporting (Tables)

v3.25.0.1
Note 19 - Segment Reporting (Tables)
3 Months Ended
Jan. 31, 2025
Notes Tables  
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]
   

Three Months Ended January 31, 2024

 

(in thousands)

 

U.S. Concrete Pumping

   

U.S. Concrete Waste Management Services

 

As Previously Reported

               

Interest expense and amortization of deferred financing costs, net of interest income

  $ 5,754     $ -  
Reportable segment EBITDA   $ 7,036     $ 5,380  
                 

Recast Adjustment

               

Interest expense and amortization of deferred financing costs, net of interest income

  $ (1,757 )   $ 1,757  
Reportable segment EBITDA   $ 1,885     $ (1,885 )
                 

Current Report As Recast

               

Interest expense and amortization of deferred financing costs, net of interest income

  $ 3,997     $ 1,757  
Reportable segment EBITDA   $ 8,921     $ 3,495  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
   

January 31,

   

October 31,

 

(in thousands)

 

2025

   

2024

 

Total Assets

               

U.S. Concrete Pumping

  $ 741,151     $ 718,218  

U.S. Concrete Waste Management Services

    202,329       201,528  

U.K. Operations

    113,544       117,418  

Reportable segment assets

    1,057,024       1,037,164  

Other

    (144,139 )     (139,174 )

Total Assets

  $ 912,885     $ 897,990  
   

Three Months Ended January 31,

 

(in thousands)

 

2025

   

2024

 

Revenue

               

U.S. Concrete Pumping

  $ 56,914     $ 66,683  

U.S. Concrete Waste Management Services(1)

    16,693       15,620  

U.K. Operations

    12,840       15,408  

Total revenue

  $ 86,447     $ 97,711  
(1) For both periods presented, intersegment revenue of $0.1 million has been excluded.                
                 

EBITDA

               

U.S. Concrete Pumping

  $ 8,126     $ 8,921  

U.S. Concrete Waste Management Services

    4,355       3,495  

U.K. Operations

    2,846       3,176  

Reportable segment EBITDA

    15,327       15,592  

Interest expense and amortization of deferred financing costs, net of interest income

    (5,802 )     (6,463 )

Reportable depreciation and amortization

    (13,200 )     (14,097 )

Other

    -       131  

Total loss before income taxes

  $ (3,675 )   $ (4,837 )
                 

Depreciation and amortization

               

U.S. Concrete Pumping

  $ 9,075     $ 10,230  

U.S. Concrete Waste Management Services

    2,276       2,059  

U.K. Operations

    1,849       1,808  

Total depreciation and amortization

  $ 13,200     $ 14,097  
                 

Interest expense and amortization of deferred financing costs, net of interest income

               

U.S. Concrete Pumping

  $ 3,311     $ 3,997  

U.S. Concrete Waste Management Services

    1,772       1,757  

U.K. Operations

    719       709  

Total interest expense and amortization of deferred financing costs, net of interest income

  $ 5,802     $ 6,463  
                 

Total capital expenditures

               

U.S. Concrete Pumping

  $ 2,185     $ 7,932  

U.S. Concrete Waste Management Services

    1,967       3,047  

U.K. Operations

    1,678       4,227  

Reportable segment capital expenditures

    5,830       15,206  

Other

    11       2,560  

Total capital expenditures

  $ 5,841     $ 17,766  
                 
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
   

As of

   

As of

 
   

January 31,

   

October 31,

 

(in thousands)

 

2025

   

2024

 

Total Assets

               

U.S.

  $ 799,341     $ 780,572  

U.K.

    113,544       117,418  

Total Assets

  $ 912,885     $ 897,990  
                 

Property, plant and equipment, net

               

U.S.

  $ 348,846     $ 353,895  

U.K.

    59,766       61,831  

Property, plant and equipment, net

  $ 408,612     $ 415,726  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
   

Three Months Ended January 31,

 

(in thousands)

 

2025

   

2024

 

Revenue by geography

               

U.S.

  $ 73,607     $ 82,303  

U.K.

    12,840       15,408  

Total revenue

  $ 86,447     $ 97,711