$ROAD
Construction Partners, Inc. Stock $road

$road Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000171822719000029 Filed on May 14, 2019

Income Statement

Concept	2019 Q1	2018 Q3	2018 Q1
Revenue	$164.3M	$215.7M	$118.9M
YoY Change	38.19%	14.98%	7.73%
Cost Of Revenue	$144.5M	$182.2M	$105.2M
YoY Change	37.43%	18.54%	9.53%
Gross Profit	$19.80M	$33.50M	$13.75M
YoY Change	44.02%	-1.18%	-4.26%
Gross Profit Margin	12.05%	15.53%	11.56%
Selling, General & Admin	$14.80M	$14.70M	$13.40M
YoY Change	10.45%	5.76%	21.82%
% of Gross Profit	74.74%	43.88%	97.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$7.300M	$7.400M	$5.600M
YoY Change	30.36%	37.04%	5.66%
% of Gross Profit	36.87%	22.09%	40.73%
Operating Expenses	$14.80M	$14.70M	$13.30M
YoY Change	11.28%	5.76%	20.91%
Operating Profit	$5.723M	$18.80M	$16.08M
YoY Change	-64.41%	-6.0%	188.22%
Interest Expense	-$400.0K	-$300.0K	-$253.0K
YoY Change	58.1%	-75.0%	-76.92%
% of Operating Profit	-6.99%	-1.6%	-1.57%
Other Income/Expense, Net	$123.0K	-$100.0K	-$39.00K
YoY Change	-415.38%	0.0%	-62.86%
Pretax Income	$5.467M	$19.70M	$15.79M
YoY Change	-65.37%	0.51%	260.62%
Income Tax	$1.488M	$5.300M	$4.770M
% Of Pretax Income	27.22%	26.9%	30.21%
Net Earnings	$4.212M	$15.10M	$11.25M
YoY Change	-62.55%	22.76%	301.71%
Net Earnings / Revenue	2.56%	7.0%	9.46%
Basic Earnings Per Share	$0.08		$0.27
Diluted Earnings Per Share	$0.08	$293.8K	$0.27
COMMON SHARES
Basic Shares Outstanding	51.41M shares		41.72M shares
Diluted Shares Outstanding	51.41M shares		41.91M shares

Balance Sheet

Concept	2019 Q1	2018 Q3	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$61.90M	$99.10M	$25.80M
YoY Change	139.92%
Cash & Equivalents	$61.91M	$99.14M	$25.80M
Short-Term Investments
Other Short-Term Assets	$17.10M	$14.20M	$12.61M
YoY Change	35.61%	214.16%
Inventory	$33.04M	$24.56M	$19.83M
Prepaid Expenses		$4.989M
Receivables	$100.4M	$129.6M	$86.00M
Other Receivables	$17.70M	$0.00	$0.00
Total Short-Term Assets	$230.2M	$267.5M	$144.3M
YoY Change	59.59%	52.72%
LONG-TERM ASSETS
Property, Plant & Equipment	$197.9M	$178.7M	$125.3M
YoY Change	57.96%	54.16%
Goodwill	$36.97M	$32.92M	$30.60M
YoY Change	20.81%	7.58%
Intangibles	$3.306M	$3.735M	$2.400M
YoY Change	37.75%	46.47%
Long-Term Investments	$398.0K	$1.700M	$630.0K
YoY Change	-36.83%
Other Assets	$6.151M	$10.27M	$14.44M
YoY Change	-57.41%	313.61%
Total Long-Term Assets	$246.3M	$228.9M	$175.6M
YoY Change	40.27%	49.17%
TOTAL ASSETS
Total Short-Term Assets	$230.2M	$267.5M	$144.3M
Total Long-Term Assets	$246.3M	$228.9M	$175.6M
Total Assets	$476.5M	$496.3M	$319.8M
YoY Change	48.98%	51.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$47.60M	$63.51M	$37.32M
YoY Change	27.53%	21.2%
Accrued Expenses	$15.60M	$17.50M	$16.80M
YoY Change	-7.14%
Deferred Revenue	$34.66M	$38.74M
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$14.84M	$14.77M	$10.00M
YoY Change	48.36%	47.73%
Total Short-Term Liabilities	$112.7M	$134.5M	$96.22M
YoY Change	17.08%	17.46%
LONG-TERM LIABILITIES
Long-Term Debt	$40.70M	$48.12M	$37.18M
YoY Change	9.48%	2.08%
Other Long-Term Liabilities	$5.408M	$5.295M	$4.837M
YoY Change	11.8%	5.48%
Total Long-Term Liabilities	$55.00M	$62.30M	$48.57M
YoY Change	13.24%	0.77%
TOTAL LIABILITIES
Total Short-Term Liabilities	$112.7M	$134.5M	$96.22M
Total Long-Term Liabilities	$55.00M	$62.30M	$48.57M
Total Liabilities	$167.7M	$196.8M	$144.8M
YoY Change	15.79%	11.61%
SHAREHOLDERS EQUITY
Retained Earnings	$81.89M	$72.53M	$43.98M
YoY Change	86.21%	233.69%
Common Stock		$0.00	$45.00K
YoY Change		-100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$15.60M	$15.60M	$11.53M
YoY Change	35.38%	30.21%
Treasury Stock Shares	2.923M shares	2.923M shares	3.170M shares
Shareholders Equity	$308.8M	$299.5M	$175.0M
YoY Change
Total Liabilities & Shareholders Equity	$476.5M	$496.3M	$319.8M
YoY Change	48.98%	51.06%

Cashflow Statement

Concept	2019 Q1	2018 Q3	2018 Q1
OPERATING ACTIVITIES
Net Income	$4.212M	$15.10M	$11.25M
YoY Change	-62.55%	22.76%	301.71%
Depreciation, Depletion And Amortization	$7.300M	$7.400M	$5.600M
YoY Change	30.36%	37.04%	5.66%
Cash From Operating Activities	$4.100M	$42.40M	$8.600M
YoY Change	-52.33%	65.63%	1333.33%
INVESTING ACTIVITIES
Capital Expenditures	-$12.40M	-$9.300M	-$12.50M
YoY Change	-0.8%	66.07%	177.78%
Acquisitions
YoY Change
Other Investing Activities	-$17.60M	$2.000M	$1.900M
YoY Change	-1026.32%	-120.0%	-34.48%
Cash From Investing Activities	-$30.00M	-$7.300M	-$10.60M
YoY Change	183.02%	-53.5%	606.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-3.700M	-11.20M	-2.500M
YoY Change	48.0%	2700.0%	-93.07%
NET CHANGE
Cash From Operating Activities	4.100M	42.40M	8.600M
Cash From Investing Activities	-30.00M	-7.300M	-10.60M
Cash From Financing Activities	-3.700M	-11.20M	-2.500M
Net Change In Cash	-29.60M	23.90M	-4.500M
YoY Change	557.78%	151.58%	-87.84%
FREE CASH FLOW
Cash From Operating Activities	$4.100M	$42.40M	$8.600M
Capital Expenditures	-$12.40M	-$9.300M	-$12.50M
Free Cash Flow	$16.50M	$51.70M	$21.10M
YoY Change	-21.8%	65.71%	313.73%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001718227
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	true
CY2019Q1	road	Billings On Uncompleted Contracts BillingsOnUncompletedContracts	938224000	USD
CY2018Q3	road	Costs And Estimated Earnings On Uncompleted Contracts CostsAndEstimatedEarningsOnUncompletedContracts	838477000	USD
CY2019Q1	road	Costs And Estimated Earnings On Uncompleted Contracts CostsAndEstimatedEarningsOnUncompletedContracts	916162000	USD
CY2018Q3	road	Costs On Uncompleted Contracts CostsOnUncompletedContracts	743322000	USD
CY2019Q1	road	Costs On Uncompleted Contracts CostsOnUncompletedContracts	810269000	USD
CY2018Q3	road	Estimated Earnings On Uncompleted Contracts EstimatedEarningsOnUncompletedContracts	95155000	USD
CY2019Q1	road	Estimated Earnings On Uncompleted Contracts EstimatedEarningsOnUncompletedContracts	105893000	USD
	road	Increase Decrease In Contract Receivable Including Retainage Net IncreaseDecreaseInContractReceivableIncludingRetainageNet	-44811000	USD
	road	Increase Decrease In Contract Receivable Including Retainage Net IncreaseDecreaseInContractReceivableIncludingRetainageNet	-14460000	USD
	road	Increase Decreasein Contractwith Customer Asset Liability IncreaseDecreaseinContractwithCustomerAssetLiability	7342000	USD
	road	Payments To Acquire Asphalt Liquid Terminal Assets PaymentsToAcquireAsphaltLiquidTerminalAssets	0	USD
	road	Payments To Acquire Asphalt Liquid Terminal Assets PaymentsToAcquireAsphaltLiquidTerminalAssets	10848000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
CY2018Q3	road	Contract Receivable Including Retainage Gross ContractReceivableIncludingRetainageGross	121389000	USD
CY2019Q1	road	Contract Receivable Including Retainage Gross ContractReceivableIncludingRetainageGross	106888000	USD
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Construction Partners, Inc.
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Trading Symbol TradingSymbol	ROAD
CY2018Q3	road	Accrued Expenses And Other Current Liabilities AccruedExpensesAndOtherCurrentLiabilities	17520000	USD
CY2019Q1	road	Accrued Expenses And Other Current Liabilities AccruedExpensesAndOtherCurrentLiabilities	15559000	USD
CY2018Q3	road	Billings On Uncompleted Contracts BillingsOnUncompletedContracts	867881000	USD
	road	Contractwith Customer Asset Net Current Increase Decrease ContractwithCustomerAssetNetCurrentIncreaseDecrease	3261000	USD
	road	Contractwith Customer Liability Current Increase Decrease ContractwithCustomerLiabilityCurrentIncreaseDecrease	-4081000	USD
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CY2018Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	63510000	USD
CY2019Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	47599000	USD
CY2018Q3	us-gaap	Accounts Receivable Billed For Long Term Contracts Or Programs AccountsReceivableBilledForLongTermContractsOrPrograms	104541000	USD
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CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	604000	USD
CY2018Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1098000	USD
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CY2018Q3	us-gaap	Contract Receivable Retainage ContractReceivableRetainage	16848000	USD
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CY2018Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	1580000	USD
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	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	539000	USD
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CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4770000	USD
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CY2018Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-253000	USD
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	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-894000	USD
	us-gaap	Interest Paid Net InterestPaidNet	970000	USD
	us-gaap	Interest Paid Net InterestPaidNet	1365000	USD
CY2018Q3	us-gaap	Inventory Net InventoryNet	24556000	USD
CY2019Q1	us-gaap	Inventory Net InventoryNet	33042000	USD
CY2018Q3	us-gaap	Liabilities Liabilities	196841000	USD
CY2019Q1	us-gaap	Liabilities Liabilities	167650000	USD
CY2018Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	496310000	USD
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	476485000	USD
CY2018Q3	us-gaap	Liabilities Current LiabilitiesCurrent	134541000	USD
CY2019Q1	us-gaap	Liabilities Current LiabilitiesCurrent	112651000	USD
CY2018Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	62300000	USD
CY2019Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	54999000	USD
CY2018Q3	us-gaap	Long Term Debt LongTermDebt	63264000	USD
CY2019Q1	us-gaap	Long Term Debt LongTermDebt	55858000	USD
CY2018Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	14773000	USD
CY2019Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	14836000	USD
CY2018Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	48115000	USD
CY2019Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	40701000	USD
	us-gaap	Net Income Loss NetIncomeLoss	22244000	USD
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	5154000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-9995000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-7406000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-19879000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-35119000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	28124000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5299000	USD
CY2017Q4	us-gaap	Net Income Loss NetIncomeLoss	10996000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	11248000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	4212000	USD
	us-gaap	Net Income Loss NetIncomeLoss	9366000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	2347000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	369000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	16080000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	26597000	USD
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	5723000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	12754000	USD
CY2018Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10270000	USD
CY2019Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	6151000	USD
CY2018Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	5295000	USD
CY2019Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	5408000	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-39000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-60000	USD
CY2019Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	123000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	106000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	8854000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	400000	USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	0	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	21966000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	19802000	USD
CY2018Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2019Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2018Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2019Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2018Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2019Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2019Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2019Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	14137000	USD
CY2019Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	17124000	USD
	us-gaap	Proceeds From Divestiture Of Interest In Joint Venture ProceedsFromDivestitureOfInterestInJointVenture	0	USD
	us-gaap	Proceeds From Divestiture Of Interest In Joint Venture ProceedsFromDivestitureOfInterestInJointVenture	1800000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2487000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2585000	USD
	us-gaap	Proceeds From Sale Of Treasury Stock ProceedsFromSaleOfTreasuryStock	5000	USD
	us-gaap	Proceeds From Sale Of Treasury Stock ProceedsFromSaleOfTreasuryStock	0	USD
CY2018Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	338118000	USD
CY2019Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	364498000	USD
CY2018Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	178692000	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	197869000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	290000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	290000	USD
CY2018Q3	us-gaap	Receivables Long Term Contracts Or Programs ReceivablesLongTermContractsOrPrograms	120291000	USD
CY2019Q1	us-gaap	Receivables Long Term Contracts Or Programs ReceivablesLongTermContractsOrPrograms	105541000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	5000000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	7406000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	5000000	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	0	USD
CY2018Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	72525000	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	81891000	USD
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	118899000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	269320000	USD
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	164304000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	318631000	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	525000000	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	338000000	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	187000000	USD
CY2019Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P6M
	us-gaap	Share Based Compensation ShareBasedCompensation	604000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Treasury Stock Reissued StockIssuedDuringPeriodValueTreasuryStockReissued	5000	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	152181000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	163177000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	175034000	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	299469000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	304623000	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	308835000	USD
CY2018	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	5.34
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	5.34
CY2018Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	2922592	shares
CY2019Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	2922952	shares
CY2018Q3	us-gaap	Treasury Stock Value TreasuryStockValue	15603000	USD
CY2019Q1	us-gaap	Treasury Stock Value TreasuryStockValue	15603000	USD
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41910122	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41874442	shares
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	51414619	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	51414619	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41717024	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41704071	shares
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	51414619	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	51414619	shares
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Risks</font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of contracts receivable including retainage. In the normal course of business, the Company provides credit to its customers and does not generally require collateral. Concentrations of credit risk associated with these receivables are monitored on an ongoing basis. The Company has not historically experienced significant credit losses, due primarily to management's assessment of customers' credit ratings. The Company principally deals with recurring customers, state and local governments and well-known local companies whose reputations are known to management. The Company performs credit checks for significant new customers and generally requires progress payments for significant projects. The Company generally has the ability to file liens against the property if payments are not made on a timely basis.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Management's Estimates</font></div><div style="line-height:120%;padding-bottom:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the recorded amounts of assets, liabilities, stockholders' equity, revenues and expenses during the reporting period, and the disclosure of contingent liabilities at the date of the consolidated financial statements. Estimates are used in accounting for items such as recognition of revenues and cost of revenues, goodwill and other intangible assets, allowance for doubtful accounts, valuation allowances related to income taxes, accruals for potential liabilities related to lawsuits or insurance claims, and the fair value of equity-based compensation awards. Estimates are continually evaluated based on historical information and actual experience; however, actual results could differ from these estimates.</font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A description of certain critical accounting policies of the Company is presented below. Additional critical accounting policies and the underlying judgments and uncertainties are described in the notes to the Company's annual consolidated financial statements included in its 2018 Form 10-K. </font></div></div>

Files In Submission

Name	View Source	Status
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0001718227-19-000029-index.html	Edgar Link	pending
0001718227-19-000029.txt	Edgar Link	pending
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a2019q2exhibit311.htm	Edgar Link	pending
a2019q2exhibit312.htm	Edgar Link	pending
a2019q2exhibit321.htm	Edgar Link	pending
a2019q2exhibit322.htm	Edgar Link	pending
a2019q2form10-qxexhibit951.htm	Edgar Link	pending
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report.css	Edgar Link	pending
road-03312019x10q.htm	Edgar Link	pending
road-20190331.xml	Edgar Link	completed
road-20190331.xsd	Edgar Link	pending
road-20190331_cal.xml	Edgar Link	unprocessable
road-20190331_def.xml	Edgar Link	unprocessable
road-20190331_lab.xml	Edgar Link	unprocessable
road-20190331_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending

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$ROAD
Construction Partners, Inc. Stock $road

2019 Q1 Form 10-Q Financial Statement

#000171822719000029 Filed on May 14, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ROAD Construction Partners, Inc. Stock $road

2019 Q1 Form 10-Q Financial Statement

#000171822719000029 Filed on May 14, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ROAD
Construction Partners, Inc. Stock $road