0000000000-20-002738.txt : 20200818 0000000000-20-002738.hdr.sgml : 20200818 20200330143756 ACCESSION NUMBER: 0000000000-20-002738 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20200330 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: MARINEMAX INC CENTRAL INDEX KEY: 0001057060 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] IRS NUMBER: 593496957 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 2600 MCCORMICK DRIVE STREET 2: SUITE200 CITY: CLEARWATER STATE: FL ZIP: 33759 BUSINESS PHONE: 8135318150 MAIL ADDRESS: STREET 1: 2600 MCCORMICK DRIVE STREET 2: SUITE200 CITY: CLEARWATER STATE: FL ZIP: 33759 PUBLIC REFERENCE ACCESSION NUMBER: 0001564590-19-045148 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]4>7!E+UA/8FIE8W0O0V]L;W)3 M<&%C92]$979I8V5',Z%$;3 BU,"VEA6J % M6J %6J %6J %6J %6O ]*WOEK(,D*\X#9H:[]P]6<&19EAU+^GP>RR(B(B(B M(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B+_-A\?'^_O[V]O;Z^OKR\' MGI^?GP[$AY="%(AB43AV^=.M%A$1$1$1$9$?2,H4S\_/CX^/]_?WOP[<'=E- MR6+L]?OW[ZCAZ>GI]?5504-$1$1$1$1$+N;M[>WIZ>GAX6&_WS<"Q:]?O^[O M[^.KQW.(\K]__VZJBLJ1,EY>7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Brett McGill Chief Executive Officer MarineMax, Inc. 2600 McCormick Drive Suite 200 Clearwater, FL 33759 Re: MarineMax, Inc. Form 10-K for the Fiscal Year Ended September 30, 2019 Filed December 3, 2019 Form 8-K Filed October 29, 2019 File No. 001-14173 Dear Mr. McGill: We have reviewed your filing and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 10-K for the Fiscal Year Ended September 30, 2019 Consolidated Financial Statements Note 2 Significant Accounting Policies Impairment of Long-Lived Assets, page F-10 1. You disclose that you assess impairment of long-lived assets at a regional level because of interdependencies among your locations. Please tell us in detail what these interdependencies are and how they resulted in your conclusion that each region, rather than each location or store, is the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. Please also tell us the names of the specific regions used for grouping and how you determined them. Refer to FASB ASC 360-10-35-23 through 35-25. W. Brett McGill MarineMax, Inc. March 30, 2020 Page 2 Form 8-K Filed October 29, 2019 Exhibit 99.1, page 3 2. You present a non-GAAP measures called "adjusted net income" and "adjusted diluted EPS", which have been adjusted for "unusual items, net". In future releases, please expand your disclosure to separately quantify each adjustment included in "unusual items, net" and include the other applicable disclosures required by Item 10(e)(1)(i) of Regulation S-K. Please also tell us the consideration you gave to Question 102.11 of the Non-GAAP Financial Measures Compliance and Disclosure Interpretations, including presenting the income tax impact attributable to your non-GAAP adjustments as a separate adjustment and disclosing how it was computed. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact James Giugliano at (202) 551-3319 or Rufus Decker at (202) 551-3769 if you have any questions. FirstName LastNameW. Brett McGill Sincerely, Comapany NameMarineMax, Inc. Division of Corporation Finance March 30, 2020 Page 2 Office of Trade & Services FirstName LastName