XML 45 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations (FY) - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
OneWater LLC [Member]      
Revenues      
Total revenues $ 767,624 $ 602,805 $ 391,483
Cost of sales (exclusive of depreciation and amortization shown separately below)      
Total cost of sales 595,498 465,151 305,782
Selling, general and administrative expenses 116,503 91,297 65,352
Depreciation and amortization 2,682 1,685 1,055
Gain on settlement of contingent consideration (1,674) 0 0
Income from operations 54,615 44,672 19,294
Other expense (income)      
Interest expense - floor plan 9,395 5,534 2,686
Interest expense - other 6,568 3,836 2,266
Transaction costs 1,323 438 327
Change in fair value of warrant liability (1,336) 33,187 18,057
Other expense (income), net 1,402 (269) 217
Total other expense (income), net 17,352 42,726 23,553
Net income (loss) 37,263 1,946 (4,259)
Less: Net income attributable to non-controlling interest 1,606 830 13
Net income (loss) attributable to One Water Marine Holdings, LLC 35,657 1,116 (4,272)
Redeemable preferred interest, dividends and accretion 9,417 8,270 6,732
OneWater LLC Preferred distribution 191 225 129
Net income (loss) attributable to common interest holders $ 26,049 $ (7,379) $ (11,133)
Earnings (loss) per unit attributable to common interest holders:      
Basic (in dollars per share) $ 342.21 $ (97.95) $ (148.44)
Diluted (in dollars per share) $ 252.18 $ (97.95) $ (148.44)
OneWater LLC [Member] | New Boat [Member]      
Revenues      
Total revenues $ 516,789 $ 398,586 $ 250,298
Cost of sales (exclusive of depreciation and amortization shown separately below)      
Total cost of sales 425,022 322,126 204,207
OneWater LLC [Member] | Pre-Owned Boat [Member]      
Revenues      
Total revenues 162,994 140,931 98,320
Cost of sales (exclusive of depreciation and amortization shown separately below)      
Total cost of sales 136,238 116,457 83,115
OneWater LLC [Member] | Finance & Insurance [Member]      
Revenues      
Total revenues 26,152 16,623 9,896
OneWater LLC [Member] | Service, Parts & Other [Member]      
Revenues      
Total revenues 61,689 46,665 32,969
Cost of sales (exclusive of depreciation and amortization shown separately below)      
Total cost of sales $ 34,238 $ 26,568 $ 18,460