Concrete pumping holdings, inc. (BBCP)
CashFlow / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Dec'18Oct'18Sep'18Jul'18Jun'18Apr'18Mar'18Jan'18Dec'17Sep'17Jun'17
Net income (loss)

-2,746

601

2,762

-9,645

-3,630

-5,092

-

-2,546

-

355

-

167

17,558

-461

144

-0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

6,492

6,154

5,457

5,165

3,503

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-645

-

-

-

-1,156

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

1,044

2,279

-447

1,336

496

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

8,593

10,131

10,397

6,967

4,871

-

2,184

-

1,920

-

1,900

-

1,900

-

-

-

Stock-based compensation expense

1,467

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains, net of losses, on the sale of property, plant and equipment

281

1,031

-557

-168

305

-

-

-

-

-

-

-

-

-

-

-

Payment of contingent consideration in excess of amounts established in purchase accounting

537

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest earned on investments and marketable securities held in Trust Account

-

-

-

-

-

879

-

1,116

-

1,127

-

865

-

499

435

0

Net changes in operating assets and liabilities (net of acquisitions):
Trade receivables, net

-5,207

1,515

5,581

3,413

-4,648

-

-

-

-

-

-

-

-

-

-

-

Inventory

549

323

290

25

-172

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

5,771

-3,208

1,340

284

2,585

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable, net

-558

-1,149

-2,115

2,046

-210

177

-

-377

-

224

-

172

-

-51

51

0

Prepaid expenses

-

-

-

-

-

633

-

-58

-

-68

-

28

-

37

234

0

Accounts payable

393

363

184

1,257

-9,107

10,020

-

-5

-

-2,010

-

1,903

-

115

88

0

Accrued payroll, accrued expenses and other current liabilities

-10,295

257

-2,236

3,295

-9,646

-3,947

-

2,939

-

1,045

-

-415

-

425

0

0

Franchise tax payable

-

-

-

-

-

5

-

16

-

0

-

45

-

0

0

0

Net cash provided by (used in) operating activities

1,814

21,352

5,515

8,859

-12,949

-36

-

-1,033

-

-1,445

-

979

-

-482

-319

0

Cash flows from investing activities:
Purchases of property, plant and equipment

17,410

6,036

4,693

13,764

11,243

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property, plant and equipment

1,718

1,527

515

433

598

-

-

-

-

-

-

-

-

-

-

-

Cash withdrawn from Industrea Trust Account

-

0

0

0

238,474

-

-

-

-

-

-

-

-

-

-

-

Acquisition of net assets, net of cash acquired - CPH acquisition

-

-

-

-

445,386

-

-

-

-

-

-

-

-

-

-

-

Interest released from Trust Account

-

-

-

-

-

29

-

235

-

297

-

147

-

340

0

0

Net cash (used in) investing activities

-15,692

-4,511

-133,396

-19,636

-217,557

29

-

235

-

297

-

147

-

340

-234,600

0

Cash flows from financing activities:
Proceeds on long term debt

-

-

-

-

357,000

-

-

-

-

-

-

-

-

-

-

-

Payments on long term debt

5,222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds on revolving loan

84,460

61,090

87,464

56,392

17,267

-

-

-

-

-

-

-

-

-

-

-

Payments on revolving loan

69,748

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debt issuance costs

-

1,221

2,659

186

20,863

-

-

-

-

-

-

-

-

-

-

-

Redemption of common shares

-

-

-

-

231,415

-

-

-

-

-

-

-

-

-

-

-

Payments on capital lease obligations

22

22

22

20

14

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of preferred shares

-

0

0

0

25,000

-

-

-

-

-

-

-

-

-

-

-

Proceeds received under loan from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

0

85

139

Payment of underwriting fees

-

0

0

0

8,050

-

-

-

-

-

-

-

-

-

-

144

Changes in due to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Issuance of common shares

-

-

-

1

96,900

-

-

-

-

-

-

-

-

0

0

25

Payment of contingent consideration established in purchase accounting

1,183

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

8,154

-15,243

129,763

11,284

235,825

-

-

-

-

-

-

-

-

-15

235,885

20

Effect of foreign currency exchange rate on cash

887

1,346

-289

-2,338

-556

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash

-4,837

2,944

1,593

-1,831

4,763

-

-

-

-

-

-

-

-

-

-

-

Cash:
Net change in cash

-

-

-

-

-

-318

-

-508

-

-1,126

-

1,127

-

-157

966

20

Supplemental cash flow information:
Cash paid for interest

11,191

8,776

9,615

10,232

849

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes

-40

124

1,595

348

-83

-

-

-

-

-

-

-

-

-

-

-

Non-cash investing and financing activities:
Fair value of rollover equity for Business Combination

-

0

0

1

164,908

-

-

-

-

-

-

-

-

-

-

-

Equipment purchases included in accrued expenses and accounts payable

4,110

12,373

-635

3,264

1,415

-

-

-

-

-

-

-

-

-

-

-

Shares issued to acquire a business

-

-

-

-

-

5,092

-

1,500

-

355

-

167

-

-461

222,984

0

Offering costs included in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

Accrued offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150

Predecessor [Member]
Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

17,558

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

4,048

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-13,757

-

-

-

Amortization of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

405

-

-

-

Amortization of debt premium

-

-

-

-

-

-

-

-

-

-

-

-

-4

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

1,902

-

-

-

Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

94

-

-

-

(Gain) on the sale of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

401

-

-

-

Trade receivables, net

-

-

-

-

-

-

-

-

-

-

-

-

-3,608

-

-

-

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

445

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

2,358

-

-

-

Income taxes payable, net

-

-

-

-

-

-

-

-

-

-

-

-

226

-

-

-

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-2,752

-

-

-

Accrued payroll, accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-524

-

-

-

Net cash (used in) provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

7,608

-

-

-

Purchases of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

7,460

-

-

-

Proceeds from sale of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

487

-

-

-

Net cash (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-6,973

-

-

-

Proceeds on revolving loan

-

-

-

-

-

-

-

-

-

-

-

-

52,343

-

-

-

Payments on revolving loan

-

-

-

-

-

-

-

-

-

-

-

-

55,068

-

-

-

Payments on capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

42

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-2,767

-

-

-

Effect of foreign currency exchange rate on cash

-

-

-

-

-

-

-

-

-

-

-

-

2,927

-

-

-

Net increase (decrease) in cash

-

-

-

-

-

-

-

-

-

-

-

-

795

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

726

-

-

-

Cash (refunded) for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-553

-

-

-

Equipment purchases included in accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

479

-

-

-