Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue $ 117,838   $ 233,028  
Cost of revenue 102,300   203,722  
Gross profit 15,538   29,306  
Operating expenses:        
Selling, general and administrative expenses 12,787   27,353  
Amortization of intangibles 1,016   2,024  
Total operating expenses 13,803   29,377  
Operating income (loss) 1,735   (71)  
Other income (expenses):        
Interest income (expense), net (563)   (1,017)  
Loss on disposition of property and equipment (99)   (136)  
Total other expenses (662)   (1,153)  
Income (loss) before income taxes 1,073   (1,224)  
Income tax (expense) benefit (404)   679  
Net income (loss) 669   (545)  
Dividends on cumulative redeemable convertible preferred stock 244   482  
Net income (loss) attributable to Limbach Holdings, Inc. common stockholders $ 425   $ (1,027)  
Basic earnings (loss) per share for common stock:        
Net earnings (loss) attributable to Limbach common stockholders $ 0.06   $ (0.14)  
Diluted earnings (loss) per share for common stock:        
Net earnings (loss) attributable to Limbach common stockholders $ 0.05   $ (0.14)  
Weighted average number of shares outstanding:        
Basic 7,454,564   7,454,528  
Diluted 7,795,484   7,454,528  
Predecessor [Member]        
Revenue   $ 96,648   $ 194,467
Cost of revenue   83,462   169,140
Gross profit   13,186   25,327
Operating expenses:        
Selling, general and administrative expenses   10,277   20,118
Amortization of intangibles   0   0
Total operating expenses   10,277   20,118
Operating income (loss)   2,909   5,209
Other income (expenses):        
Interest income (expense), net   (884)   (1,719)
Loss on disposition of property and equipment   (7)   (3)
Total other expenses   (891)   (1,722)
Income (loss) before income taxes   2,018   3,487
Income tax (expense) benefit   0   0
Net income (loss)   2,018   3,487
Dividends on cumulative redeemable convertible preferred stock   0   0
Predecessor [Member] | Member Units [Member]        
Other income (expenses):        
Net income attributable to Limbach Holdings LLC member unit holders   $ 2,018   $ 3,487