Annual report pursuant to Section 13 and 15(d)

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

v3.22.2.2
Condensed Financial Statements of Parent Company - Balance Sheet (Details) - USD ($)
$ / shares in Units, $ in Thousands
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
ASSETS        
Cash and cash equivalents $ 35,531 $ 57,251    
Prepaid expenses and other current assets 12,957 7,790    
Total current assets 417,189 300,026    
Property, plant and equipment, net 481,412 404,832    
Investment in subsidiaries 87 108    
Deferred income taxes, net 0 0    
Total assets 1,095,521 806,620    
Current liabilities:        
Accrued expenses and other current liabilities 28,484 26,459    
Current maturities of long-term debt 12,500 10,000    
Total current liabilities 226,138 157,963    
Long-term liabilities:        
Deferred income taxes, net 26,713 17,362    
Long-term debt, net of current maturities and debt issuance costs 363,066 206,175    
Total long-term liabilities 413,504 239,758    
Total liabilities 639,642 397,721    
Stockholders’ Equity        
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2022 and September 30, 2021 and no shares issued and outstanding 0 0    
Additional paid-in capital 256,571 248,571    
Accumulated other comprehensive loss 17,620 (23)    
Retained earnings 197,274 175,898    
Total stockholders’ equity 455,879 408,899 $ 385,195 $ 343,550
Total liabilities and stockholders’ equity $ 1,095,521 $ 806,620    
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    
Treasury stock, shares (in shares) 2,922,952 2,922,952    
Class A Common Stock        
Stockholders’ Equity        
Common stock, value $ 41 $ 37    
Treasury stock $ (39) $ 0    
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) 41,195,730 36,600,639    
Common stock, shares outstanding (in shares) 41,193,024 36,600,639    
Treasury stock, shares (in shares) 2,706 0    
Class B Common Stock        
Stockholders’ Equity        
Common stock, value $ 15 $ 19    
Treasury stock $ (15,603) $ (15,603)    
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) 14,275,867 18,614,791    
Common stock, shares outstanding (in shares) 11,352,915 15,691,839    
Construction Partners Inc | Parent Company        
ASSETS        
Cash and cash equivalents $ 43,130 $ 65,225    
Prepaid expenses and other current assets 2,995 1,063    
Total current assets 46,125 66,288    
Property, plant and equipment, net 4,646 5,160    
Investment in subsidiaries 444,473      
Investment in subsidiaries   409,245    
Deferred income taxes, net 0 892    
Due from subsidiaries 58,593 0    
Other assets 28,140 2,014    
Total assets 581,977 483,599    
Current liabilities:        
Due to subsidiaries 0 46,304    
Accrued expenses and other current liabilities 3,477 2,970    
Current maturities of long-term debt 1,204 238    
Total current liabilities 4,681 49,512    
Long-term liabilities:        
Due to subsidiaries 39,275 0    
Deferred income taxes, net 4,553 0    
Long-term debt, net of current maturities and debt issuance costs 77,589 24,440    
Other long-term liabilities 0 748    
Total long-term liabilities 121,417 25,188    
Total liabilities 126,098 74,700    
Stockholders’ Equity        
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2022 and September 30, 2021 and no shares issued and outstanding 0 0    
Additional paid-in capital 256,571 248,571    
Accumulated other comprehensive loss 17,620 (23)    
Retained earnings 197,274 175,898    
Total stockholders’ equity 455,879 408,899    
Total liabilities and stockholders’ equity $ 581,977 $ 483,599    
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 $ 41 $ 37    
Treasury stock $ (39) $ 0    
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) 41,195,730 36,600,639    
Common stock, shares outstanding (in shares) 41,193,024 36,600,639    
Treasury stock, shares (in shares) 2,706      
Construction Partners Inc | Class B Common Stock | Parent Company        
Stockholders’ Equity        
Common stock, value $ 15 $ 19    
Treasury stock $ (15,603) $ (15,603)    
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) 14,275,867 18,614,791    
Common stock, shares outstanding (in shares) 11,352,915 15,691,839    
Treasury stock, shares (in shares) 2,922,952 2,922,952