Subsequent Events |
12 Months Ended |
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Sep. 30, 2023 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events Acquisitions
On October 2, 2023, the Company acquired from Hubbard Paving & Grading, Inc. an asphalt and paving company headquartered in Walhalla, South Carolina, one HMA plant in the Greenville, South Carolina metro area for $2.9 million.
On November 1, 2023, the Company acquired from Reeves Construction Company three HMA plants and related construction operations located in Concord, North Carolina and Rock Hill and McConnells, South Carolina for $16.0 million.
The total amount of consideration for these transactions remain subject to post-closing adjustments with respect to inventory quantities and other matters as of the date of this report.
Treasury Stock On October 2, 2023, the Company received a total of 16,622 shares of Class A common stock from employees for reimbursement of income taxes paid by the Company on behalf of these employees related to restricted stock awards that vested on September 30, 2023.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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