Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.7.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2016
Jul. 19, 2016
Dec. 31, 2015
Revenue $ 225,604    
Cost of revenue 198,427    
Gross profit 27,177    
Operating expenses:      
Selling, general and administrative 24,425    
Amortization of intangibles 3,103    
Total operating expenses 27,528    
Operating income (351)    
Other income (expenses):      
Interest income (expense), net (1,796)    
Loss from early extinguishment of debt (2,172)    
Gain (loss) on sale of property and equipment (250)    
Total other expenses (4,218)    
Income (loss) before income taxes (4,569)    
Income tax benefit 3,871    
Net income (loss) (698)    
Dividends on cumulative redeemable convertible preferred stock 423    
Net income (loss) attributable to Limbach Holdings $ (1,121)    
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 6,039,875    
Diluted 6,039,875    
Predecessor [Member]      
Revenue   $ 221,391 $ 331,350
Cost of revenue   192,911 285,938
Gross profit   28,480 45,412
Operating expenses:      
Selling, general and administrative   24,015 37,767
Amortization of intangibles   0 0
Total operating expenses   24,015 37,767
Operating income   4,465 7,645
Other income (expenses):      
Interest income (expense), net   (1,898) (3,200)
Loss from early extinguishment of debt   0 0
Gain (loss) on sale of property and equipment   1 (73)
Total other expenses   (1,897) (3,273)
Income (loss) before income taxes   2,568 4,372
Income tax benefit   0 0
Net income (loss)   2,568 4,372
Dividends on cumulative redeemable convertible preferred stock   0 0
Predecessor [Member] | Member Units [Member]      
Other income (expenses):      
Net income (loss)   2,568 4,372
Net income (loss) attributable to Limbach Holdings   $ 2,568 $ 4,372