Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.19.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenue $ 546,526 $ 485,739
Cost of revenue 487,095 420,116
Gross profit 59,431 65,623
Operating expenses:    
Selling, general and administrative 57,089 56,023
Amortization of intangibles 1,272 3,582
Total operating expenses 58,361 59,605
Operating income 1,070 6,018
Other income (expenses):    
Interest income (expense), net (3,305) (2,034)
Loss on debt modification (335) 0
Gain (loss) on sale of property and equipment 90 (121)
Total other expenses (3,550) (2,155)
Income (loss) before income taxes (2,480) 3,863
Income tax provision (benefit) (635) 3,151
Net income (loss) (1,845) 712
Dividends on cumulative redeemable convertible preferred stock (113) 809
Premium paid on partial preferred redemption 2,219 847
Net loss attributable to Limbach Holdings, Inc. common stockholders $ (3,951) $ (944)
Net loss per share attributable to Limbach Holdings, Inc. common stockholders:    
Basic $ (0.52) $ (0.13)
Diluted $ (0.52) $ (0.13)
Weighted average number of shares outstanding:    
Basic 7,562,586 7,471,371
Diluted 7,562,586 7,471,371