Annual report pursuant to Section 13 and 15(d)

Condensed Financial Statements of Registrant - Cash Flow Statement (Details)

v3.10.0.1
Condensed Financial Statements of Registrant - Cash Flow Statement (Details) - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 50,791 $ 26,040
Adjustments to reconcile net income to net cash used in operating activities:    
Amortization of deferred debt issuance costs 94 660
Loss on extinguishment of debt 0 1,638
Deferred income taxes (481) 865
Equity-based compensation expense 975 513
Equity in net income of subsidiaries (1,259) 0
Changes in operating assets and liabilities:    
Other current assets (8,886) (2,178)
Net cash provided by operating activities, net of acquisition 66,121 46,927
Cash flows from investing activities:    
Purchases of property, plant and equipment (42,804) (24,399)
Net cash used in investing activities (89,592) (30,686)
Cash flows from financing activities:    
Repayments of long-term debt (12,361) (60,640)
Payment of treasury stock purchase obligation (2,569) (3,000)
Proceeds from initial public offering of Class A common stock, net of offering costs 98,009 0
Proceeds from sale of treasury stock 5 638
Common stock dividend paid 0 (31,293)
Net cash provided by (used in) financing activities 95,061 (39,779)
Net change in cash and cash equivalents 71,590 (23,538)
Cash and cash equivalents:    
Beginning of Period 27,547 51,085
End of Period 99,137 27,547
Construction Partners Inc    
Cash flows from operating activities:    
Net income 50,791 26,040
Adjustments to reconcile net income to net cash used in operating activities:    
Amortization of deferred debt issuance costs 6 216
Loss on extinguishment of debt 0 714
Deferred income taxes 0 350
Equity-based compensation expense 975 513
Equity in net income of subsidiaries (51,515) (28,312)
Changes in operating assets and liabilities:    
Other current liabilities 0 1,061
Other current assets 969 (1,603)
Other liabilities (3,369) 0
Net cash provided by operating activities, net of acquisition (2,143) (1,021)
Cash flows from investing activities:    
Return of investments in subsidiaries 0 27,000
Purchases of property, plant and equipment (131) 0
Investment in subsidiary (34,155) 0
Net cash used in investing activities (34,286) 27,000
Cash flows from financing activities:    
Change in amounts due to (from) subsidiaries, net (6,994) 20,305
Repayments of long-term debt 0 (12,500)
Payment of treasury stock purchase obligation (2,569) (3,000)
Proceeds from initial public offering of Class A common stock, net of offering costs 98,009 0
Proceeds from sale of treasury stock 5 638
Common stock dividend paid 0 (31,293)
Net cash provided by (used in) financing activities 88,451 (25,850)
Net change in cash and cash equivalents 52,022 129
Cash and cash equivalents:    
Beginning of Period 1,330 1,201
End of Period $ 53,352 $ 1,330