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Income Statement

Income Statement

v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue $ 115,190  
Cost of revenue 101,421  
Gross profit 13,769  
Operating expenses:    
Selling, general and administrative expenses 14,567  
Amortization of intangibles 1,008  
Total operating expenses 15,575  
Operating income (loss) (1,806)  
Other income (expenses):    
Interest income (expense), net (454)  
Gain (loss) on sale of property and equipment (37)  
Total other expenses (491)  
Income (loss) before income taxes (2,297)  
Income tax benefit 1,083  
Net income (loss) (1,214)  
Dividends on cumulative redeemable convertible preferred stock 238  
Net loss attributable to Limbach Holdings, Inc. common stockholders $ (1,452)  
Basic earnings (loss) per share for common stock:    
Net loss attributable to Limbach common stockholders $ (0.19)  
Diluted earnings (loss) per share for common stock:    
Net loss attributable to Limbach common stockholders $ (0.19)  
Weighted average number of shares outstanding:    
Basic 7,454,491  
Diluted 7,454,491  
Predecessor [Member]    
Revenue   $ 97,819
Cost of revenue   85,678
Gross profit   12,141
Operating expenses:    
Selling, general and administrative expenses   9,841
Amortization of intangibles   0
Total operating expenses   9,841
Operating income (loss)   2,300
Other income (expenses):    
Interest income (expense), net   (835)
Gain (loss) on sale of property and equipment   4
Total other expenses   (831)
Income (loss) before income taxes   1,469
Income tax benefit   0
Net income (loss)   1,469
Dividends on cumulative redeemable convertible preferred stock   0
Predecessor [Member] | Member Units [Member]    
Other income (expenses):    
Net loss attributable to Limbach Holdings, Inc. common stockholders   $ 1,469

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