SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Segment Reporting Information, by Segment

The following table summarizes revenue, operating income (loss) from continuing operations, depreciation and amortization, and interest expense which are the measures by which management allocates resources to its continuing segments to each of our reportable segments.


($ in millions)	Powersports		Vehicle Transportation Services		Eliminations		Total
2023
Revenue from external customers	$	1,310.2	$	56.2	$	—	$	1,366.4
Revenue from other operating segments(1)	—		0.4		(0.4)		—
Goodwill and franchise rights impairment charge	(60.1)		—		—		(60.1)
Operating income (loss)	(75.2)		5.7		—		(69.5)
Depreciation and amortization	22.0		—		—		22.0
Interest expense	77.2		—		—		77.2

2022
Revenue from external customers	$	1,404.9	$	54.0	$	—	$	1,458.9
Revenue from other operating segments(1)	—		3.3		(3.3)		—
Goodwill and franchise rights impairment charge	(324.3)		—		—		(324.3)
Operating income (loss)	(265.0)		4.9		—		(260.1)
Depreciation and amortization expense	23.0		—		—		23.0
Interest expense	52.1		—		—		52.1

(1) Primarily revenue from the automotive segment, which is reported as discontinued operations.

Total assets by operating segment as of December 31 were as follows:


($ in millions)	Powersports		Vehicle Transportation Services		Eliminations(1)		Discontinued Operations		Total
Total assets at December 31, 2023	$	1,766.3	$	4.0	$	(844.0)	$	—	$	926.3
Total assets at December 31, 2022	$	1,872.2	$	3.9	$	(860.3)	$	11.4	$	1,027.2

(1)Related to the acquisitions of Wholesale, Inc. and Express, RideNow, and Freedom Powersports, and receivables and other balances for intercompany activities.