Annual report pursuant to Section 13 and 15(d)

Condensed Financial Statements of Parent Company - Balance Sheet (Details)

v3.21.2
Condensed Financial Statements of Parent Company - Balance Sheet (Details) - USD ($)
$ / shares in Units, $ in Thousands
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
ASSETS        
Cash and cash equivalents $ 57,251 $ 148,316    
Prepaid expenses and other current assets 7,790 5,041    
Total current assets 300,026 331,561    
Property, plant and equipment, net 404,832 237,230    
Investment in subsidiaries 108 198    
Deferred income taxes, net 0 386    
Other assets 5,534 1,784    
Total assets 806,620 628,114    
Current liabilities:        
Accrued expenses and other current liabilities 26,459 22,347    
Total current liabilities 157,963 135,829    
Long-term liabilities:        
Other long-term liabilities 10,919 8,480    
Total long-term liabilities 239,758 107,090    
Total liabilities 397,721 242,919    
Stockholders’ Equity        
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2021 and September 30, 2020 and no shares issued and outstanding 0 0    
Additional paid-in capital 248,571 245,022    
Treasury stock, at cost, 2,922,952 shares of Class B common stock, par value $0.001 (15,603) (15,603)    
Accumulated other comprehensive loss, net (23) 0 $ 0  
Retained earnings 175,898 155,721    
Total stockholders’ equity 408,899 385,195 $ 343,550 $ 299,469
Total liabilities and stockholders’ equity $ 806,620 $ 628,114    
Preferred stock, par value (in dollars per share) $ 0.001 $ 0.001    
Preferred stock, shares issued (in shares) 0 0    
Preferred stock, shares outstanding (in shares) 0 0    
Class A Common Stock        
Stockholders’ Equity        
Common stock, value $ 37 $ 34    
Common stock, par value (in dollars per share) $ 0.001 $ 0.001    
Common stock, shares issued (in shares)   36,600,639    
Class B Common Stock        
Stockholders’ Equity        
Common stock, value $ 19 $ 21    
Common stock, shares outstanding (in shares)   15,691,839    
Construction Partners Inc | Parent Company        
ASSETS        
Cash and cash equivalents 65,225 $ 78,041    
Prepaid expenses and other current assets 1,063 928    
Total current assets 66,288 78,969    
Property, plant and equipment, net 5,160 2,994    
Investment in subsidiaries 409,245 383,740    
Deferred income taxes, net 892 441    
Other assets 2,014 6    
Total assets 483,599 466,150    
Current liabilities:        
Due to subsidiaries 46,542 75,044    
Accrued expenses and other current liabilities 2,970 1,969    
Total current liabilities 49,512 77,013    
Long-term liabilities:        
Due to subsidiaries 24,440 2,234    
Other long-term liabilities 748 1,708    
Total long-term liabilities 25,188 3,942    
Total liabilities 74,700 80,955    
Stockholders’ Equity        
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2021 and September 30, 2020 and no shares issued and outstanding 0 0    
Additional paid-in capital 248,571 245,022    
Treasury stock, at cost, 2,922,952 shares of Class B common stock, par value $0.001 (15,603) (15,603)    
Retained earnings 175,898 155,721    
Total stockholders’ equity 408,899 385,195    
Total liabilities and stockholders’ equity $ 483,599 $ 466,150    
Preferred stock, par value (in dollars per share) $ 0.001 $ 0.001    
Preferred stock, shares authorized (in shares) 10,000,000 10,000,000    
Preferred stock, shares issued (in shares) 0 0    
Preferred stock, shares outstanding (in shares) 0 0    
Construction Partners Inc | Class A Common Stock | Parent Company        
Stockholders’ Equity        
Common stock, value $ 37 $ 34    
Common stock, par value (in dollars per share) $ 0.001 $ 0.001    
Common stock, shares authorized (in shares) 400,000,000 400,000,000    
Common stock, shares issued (in shares) 36,600,639 33,875,884    
Common stock, shares outstanding (in shares) 36,600,639 33,875,884    
Construction Partners Inc | Class B Common Stock | Parent Company        
Stockholders’ Equity        
Common stock, value $ 19 $ 21    
Common stock, par value (in dollars per share) $ 0.001 $ 0.001    
Common stock, shares authorized (in shares) 100,000,000 100,000,000    
Common stock, shares issued (in shares) 18,614,791 20,828,813    
Common stock, shares outstanding (in shares) 15,691,839 17,905,861    
Treasury stock, shares (in shares) 2,922,952 2,922,952