Net income (loss) (numerator):

Net income (loss) attributable to Concrete Pumping Holdings, Inc.

$

(3,826

)

$

6,475

Less: Accretion of liquidation preference on preferred stock

(440

)

(441

)

Less: Undistributed earnings allocated to participating securities

-

(235

)

Net income (loss) attributable to common stockholders (numerator for basic earnings per share)

$

(4,266

)

$

5,799

Add back: Undistributed earning allocated to participating securities

-

235

Less: Undistributed earnings reallocated to participating securities

-

(232

)

Numerator for diluted earnings (loss) per share

$

(4,266

)

$

5,802

Weighted average shares (denominator):

Weighted average shares - basic

53,314,654

53,601,707

Weighted average shares - diluted

53,314,654

54,457,125

Basic earnings (loss) per share

$

(0.08

)

$

0.11

Diluted earnings (loss) per share

$

(0.08

)

$

0.11