Annual report pursuant to Section 13 and 15(d)

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

v3.24.3
Condensed Financial Statements of Parent Company - Balance Sheet (Details) - USD ($)
$ / shares in Units, $ in Thousands
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
ASSETS        
Cash and cash equivalents $ 74,686 $ 48,243    
Prepaid expenses and other current assets 24,841 9,306    
Total current assets 585,006 473,424    
Property, plant and equipment, net 629,924 505,095    
Investment in subsidiaries 84 87    
Other assets 17,964 32,705    
Total assets 1,542,135 1,219,665    
Current liabilities:        
Accrued expenses and other current liabilities 42,189 31,534    
Current maturities of long-term debt 26,563 15,000    
Total current liabilities 380,454 279,183    
Long-term liabilities:        
Deferred income taxes, net 53,852 37,121    
Long-term debt, net of current maturities and deferred debt issuance costs 486,961 360,740    
Other long-term liabilities 16,467 13,398    
Total long-term liabilities 587,941 423,908    
Total liabilities 968,395 703,091    
Stockholders’ Equity        
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2024 and September 30, 2023 and no shares issued and outstanding 0 0    
Additional paid-in capital 278,065 267,330    
Accumulated other comprehensive loss 7,502 18,694    
Retained earnings 315,210 246,275    
Total stockholders’ equity 573,740 516,574 $ 455,879 $ 408,899
Total liabilities and stockholders’ equity $ 1,542,135 $ 1,219,665    
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 $ 44    
Treasury stock $ (11,490) $ (178)    
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) 44,062,830 43,760,546    
Common stock, shares outstanding (in shares) 43,819,102 43,727,680    
Treasury stock, shares (in shares) 243,728 32,866    
Class B Common Stock        
Stockholders’ Equity        
Common stock, value $ 12 $ 12    
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) 11,784,650 11,921,463    
Common stock, shares outstanding (in shares) 8,861,698 8,998,511    
Treasury stock, shares (in shares) 2,922,952 2,922,952    
Construction Partners Inc | Parent Company        
ASSETS        
Cash and cash equivalents $ 80,991 $ 54,410    
Prepaid expenses and other current assets 1,090 1,411    
Total current assets 82,081 55,821    
Property, plant and equipment, net 4,305 4,643    
Investment in subsidiaries 597,765 524,466    
Due from subsidiaries 57,688 13,015    
Other assets 15,841 30,587    
Total assets 757,680 628,532    
Current liabilities:        
Accrued expenses and other current liabilities 5,348 4,123    
Current maturities of long-term debt 0 886    
Total current liabilities 5,348 5,009    
Long-term liabilities:        
Due to subsidiaries 175,566 87,183    
Deferred income taxes, net 1,239 5,030    
Long-term debt, net of current maturities and deferred debt issuance costs 0 14,736    
Other long-term liabilities 1,787 0    
Total long-term liabilities 178,592 106,949    
Total liabilities 183,940 111,958    
Stockholders’ Equity        
Preferred stock, par value $0.001; 10,000,000 shares authorized at September 30, 2024 and September 30, 2023 and no shares issued and outstanding 0 0    
Additional paid-in capital 278,065 267,330    
Accumulated other comprehensive loss 7,502 18,694    
Retained earnings 315,210 246,275    
Total stockholders’ equity 573,740 516,574    
Total liabilities and stockholders’ equity $ 757,680 $ 628,532    
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 $ 44    
Treasury stock $ (11,490) $ (178)    
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) 44,062,830 43,760,546    
Common stock, shares outstanding (in shares) 43,819,102 43,727,680    
Treasury stock, shares (in shares) 243,728 32,866    
Construction Partners Inc | Class B Common Stock | Parent Company        
Stockholders’ Equity        
Common stock, value $ 12 $ 12    
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) 11,784,650 11,921,463    
Common stock, shares outstanding (in shares) 8,861,698 8,998,511    
Treasury stock, shares (in shares) 2,922,952 2,922,952