Annual report pursuant to Section 13 and 15(d)

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

v3.19.3.a.u2
Condensed Financial Statements of Registrant - Cash Flow Statement (Detail) - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income $ 43,121 $ 50,791
Adjustments to reconcile net income to net cash used in operating activities:    
Amortization of deferred debt issuance costs 109 94
Equity-based compensation expense 957 975
Equity in net income of subsidiaries (1,337) (1,259)
Changes in operating assets and liabilities:    
Other current assets 993 (8,886)
Net cash provided by operating activities, net of acquisitions 55,274 66,121
Cash flows from investing activities:    
Purchases of property, plant and equipment (42,479) (42,804)
Net cash used in investing activities (60,225) (89,592)
Cash flows from financing activities:    
Payment of treasury stock purchase obligation (569) (2,569)
Proceeds from initial public offering of Class A common stock, net of offering costs 0 98,009
Proceeds from sale of stock 3 5
Net cash (used in) provided by financing activities (13,567) 95,061
Net change in cash and cash equivalents (18,518) 71,590
Cash and cash equivalents:    
Beginning of period 99,137 27,547
End of period 80,619 99,137
Construction Partners Inc    
Cash flows from operating activities:    
Net income 43,121 50,791
Adjustments to reconcile net income to net cash used in operating activities:    
Amortization of deferred debt issuance costs 6 6
Equity-based compensation expense 957 975
Equity in net income of subsidiaries (45,631) (51,515)
Changes in operating assets and liabilities:    
Other current assets 675 969
Other liabilities 1,049 (3,369)
Net cash provided by operating activities, net of acquisitions 177 (2,143)
Cash flows from investing activities:    
Purchases of property, plant and equipment (475) (131)
Investment in subsidiary (19,703) (34,155)
Net cash used in investing activities (20,178) (34,286)
Cash flows from financing activities:    
Change in amounts due to (from) subsidiaries, net (1,175) (6,994)
Payment of treasury stock purchase obligation (569) (2,569)
Proceeds from initial public offering of Class A common stock, net of offering costs 0 98,009
Proceeds from sale of stock 3 5
Net cash (used in) provided by financing activities (1,741) 88,451
Net change in cash and cash equivalents (21,742) 52,022
Cash and cash equivalents:    
Beginning of period 53,352 1,330
End of period $ 31,610 $ 53,352