Annual report pursuant to Section 13 and 15(d)

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

v3.23.3
Condensed Financial Statements of Parent Company - Balance Sheet (Details) - USD ($)
$ / shares in Units, $ in Thousands
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
ASSETS        
Cash and cash equivalents $ 48,243 $ 35,531    
Prepaid expenses and other current assets 9,306 12,957    
Total current assets 473,424 417,189    
Property, plant and equipment, net 505,095 481,412    
Investment in subsidiaries 87 87    
Other assets 32,705 30,541    
Total assets 1,219,665 1,095,521    
Current liabilities:        
Accrued expenses and other current liabilities 31,534 28,484    
Current maturities of long-term debt 15,000 12,500    
Total current liabilities 279,183 226,138    
Long-term liabilities:        
Deferred income taxes, net 37,121 26,713    
Long-term debt, net of current maturities and deferred debt issuance costs 360,740 363,066    
Total long-term liabilities 423,908 413,504    
Total liabilities 703,091 639,642    
Stockholders’ Equity        
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2023 and September 30, 2022 and no shares issued and outstanding 0 0    
Additional paid-in capital 267,330 256,571    
Accumulated other comprehensive loss 18,694 17,620    
Retained earnings 246,275 197,274    
Total stockholders’ equity 516,574 455,879 $ 408,899 $ 400,798
Total liabilities and stockholders’ equity $ 1,219,665 $ 1,095,521    
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    
Class A Common Stock        
Stockholders’ Equity        
Common stock, value $ 44 $ 41    
Treasury stock $ (178) $ (39)    
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) 43,760,546 41,195,730    
Common stock, shares outstanding (in shares) 43,727,680 41,193,024    
Treasury stock, shares (in shares) 32,866 2,706    
Class B Common Stock        
Stockholders’ Equity        
Common stock, value $ 12 $ 15    
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) 11,921,463 14,275,867    
Common stock, shares outstanding (in shares) 8,998,511 11,352,915    
Treasury stock, shares (in shares) 2,922,952 2,922,952    
Construction Partners Inc | Parent Company        
ASSETS        
Cash and cash equivalents $ 54,410 $ 43,130    
Prepaid expenses and other current assets 1,411 2,995    
Total current assets 55,821 46,125    
Property, plant and equipment, net 4,643 4,646    
Investment in subsidiaries 524,466 444,473    
Due from subsidiaries 13,015 58,593    
Other assets 30,587 28,140    
Total assets 628,532 581,977    
Current liabilities:        
Accrued expenses and other current liabilities 4,123 3,477    
Current maturities of long-term debt 886 1,204    
Total current liabilities 5,009 4,681    
Long-term liabilities:        
Due to subsidiaries 87,183 39,275    
Deferred income taxes, net 5,030 4,553    
Long-term debt, net of current maturities and deferred debt issuance costs 14,736 77,589    
Total long-term liabilities 106,949 121,417    
Total liabilities 111,958 126,098    
Stockholders’ Equity        
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2023 and September 30, 2022 and no shares issued and outstanding 0 0    
Additional paid-in capital 267,330 256,571    
Accumulated other comprehensive loss 18,694 17,620    
Retained earnings 246,275 197,274    
Total stockholders’ equity 516,574 455,879    
Total liabilities and stockholders’ equity $ 628,532 $ 581,977    
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 $ 44 $ 41    
Treasury stock $ (178) $ (39)    
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) 43,760,546 41,195,730    
Common stock, shares outstanding (in shares) 43,727,680 41,193,024    
Treasury stock, shares (in shares) 32,866 2,706    
Construction Partners Inc | Class B Common Stock | Parent Company        
Stockholders’ Equity        
Common stock, value $ 12 $ 15    
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) 11,921,463 14,275,867    
Common stock, shares outstanding (in shares) 8,998,511 11,352,915    
Treasury stock, shares (in shares) 2,922,952 2,922,952