Stockholders' and Members' Equity (Tables)

6 Months Ended

Mar. 31, 2020

Stockholders' and Members' Equity [Abstract]

Summary of Restricted Stock Units Activity

The following table further summarizes activity related to restricted stock units for the six months ended March 31, 2020:

	Restricted Stock Unit Awards
	Number of Shares		Weighted Average Grant Date Fair Value ($)
Issued on February 11, 2020		44,666	$	14.61
Awarded		204,500		16.01
Vested		-		-
Forfeited		-		-
Unvested at March 31, 2020		249,166	$	15.76

Calculation of Earnings per share

The following table sets forth the calculation of earnings per share for the three and six months ended March 31, 2020 (in thousands, except per share data):

Earnings per share:	Three Months Ended March 31, 2020		Six Months Ended March 31, 2020
Numerator:
Net income attributable to OneWater Inc	$	1,085	$	1,085
Denominator:
Weighted-average number of unrestricted outstanding common shares used to calculate basic net income per share		6,088		6,088
Earnings per share of Class A common stock – basic	$	0.18	$	0.18
Earnings per share of Class A common stock – diluted	$	0.18	$	0.18

Antidilutive Securities Excluded From Calculation

The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted loss per share because the effect of including such potentially dilutive shares would have been antidilutive upon conversion (in thousands):

	Three Months Ended March 31, 2020		Six Months Ended March 31, 2020
Class B common stock		8,462		8,462
Restricted Stock Units		127		127
		8,589		8,589