Construction Partners, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover Page
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - road-20220930.htm

Debt - Additional Information (Details)

v3.22.2.2

Debt - Additional Information (Details)		12 Months Ended
Debt - Additional Information (Details)	Jun. 30, 2022 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2020 USD ($)	Jul. 01, 2022 USD ($)
Debt Instrument [Line Items]
Long-term debt		$ 376,975,000
Fixed coverage ratio		2.56	3.29
Leverage ratio		2.79	1.99
Interest expense, borrowings		$ 7,900,000	$ 2,500,000	$ 3,600,000
Amortization of deferred issuance costs and debt discounts		200,000	300,000	$ 200,000
Interest rate swaps
Debt Instrument [Line Items]
Interest rate swaps		300,000,000	198,300,000		$ 300,000,000
Fair value of interest rate swaps		24,700,000	(800,000)
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 325,000,000
Long-term debt		105,100,000	20,000,000
Remaining borrowing capacity		208,600,000	193,700,000
Term Loan
Debt Instrument [Line Items]
Long-term debt		$ 271,900,000	$ 197,500,000
Term Loan \| SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	0.10%
Term Loan \| Term SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	0.10%
Term Loan \| Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 250,000,000
Term Loan - 11 Quarters
Debt Instrument [Line Items]
Line of credit, principal repayment rate		1.25%
Term Loan - 8 Quarters
Debt Instrument [Line Items]
Line of credit, principal repayment rate		1.875%
Delayed Draw Term Facility \| Line of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 50,000,000
Credit Agreement \| Minimum
Debt Instrument [Line Items]
Fixed coverage ratio		1.20
Credit Agreement \| Maximum
Debt Instrument [Line Items]
Fixed coverage ratio		3.50

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