Mobile Navigation

Income Statement

Income Statement

v3.19.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue $ 133,951 $ 120,549
Cost of revenue 113,918 107,262
Gross profit 20,033 13,287
Operating expenses:    
Selling, general and administrative expenses 16,045 15,666
Amortization of intangibles 175 335
Total operating expenses 16,220 16,001
Operating income (loss) 3,813 (2,714)
Other income (expenses):    
Interest expense, net (833) (769)
Gain on disposition of property and equipment 12 16
Total other expenses (821) (753)
Income (loss) before income taxes 2,992 (3,467)
Income tax provision (benefit) 846 (1,043)
Net income (loss) 2,146 (2,424)
Dividends on cumulative redeemable convertible preferred stock 0 (113)
Premium paid on redemption of redeemable convertible preferred stock 0 2,219
Net income (loss) attributable to Limbach Holdings, Inc. common stockholders $ 2,146 $ (4,530)
Basic income (loss) per share for common stock:    
Net income (loss) attributable to Limbach Holdings, Inc. common stockholders $ 0.28 $ (0.60)
Diluted income (loss) per share for common stock:    
Net income (loss) attributable to Limbach Holdings, Inc. common stockholders $ 0.28 $ (0.60)
Weighted average number of shares outstanding:    
Basic 7,643,133 7,541,422
Diluted 7,667,913 7,541,422

Source