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Summary of Significant Accounting Policies (FY) (Tables)
9 Months Ended 12 Months Ended
Jun. 30, 2020
Sep. 30, 2019
Summary of Significant Accounting Policies [Abstract]    
Dilutive Effect of Profits in Interest Unit Agreements and Common Warrants Outstanding
The following table sets forth the calculation of earnings per share for the three and nine months ended June 30, 2020 (in thousands, except per share data):
 
Earnings per share:
 
Three Months
Ended June
30, 2020
  
Nine Months
Ended June
30, 2020
 
Numerator:
      
Net income attributable to OneWater Inc
 
$
14,367
  
$
15,452
 
         
Denominator:
        
Weighted-average number of unrestricted outstanding common shares used to calculate basic net income per share
  
6,088
   
6,088
 
Effect of dilutive securities:
        
Restricted stock units
  
9
   
5
 
Diluted weighted-average shares of Class A common stock outstanding used to calculate diluted net income per share
  
6,097
   
6,093
 
         
Earnings per share of Class A common stock – basic
 
$
2.36
  
$
2.54
 
Earnings per share of Class A common stock – diluted
 
$
2.36
  
$
2.54
 
 
OneWater LLC [Member]    
Summary of Significant Accounting Policies [Abstract]    
Estimated Useful Lives of Assets  
The estimated useful lives of assets are as follows:

  
Years
 
Company vehicles
  
5
 
Buildings and improvements
  
10-39
 
Leasehold improvements
  
15
 
Machinery and equipment
  
5-7
 
Office equipment
  
5-7
 
Dilutive Effect of Profits in Interest Unit Agreements and Common Warrants Outstanding  
The following table illustrates the dilutive effect of profits in interest unit agreements and common warrants outstanding:

  
2019
  
2018
  
2017
 
Common units outstanding
  
76,121
   
75,333
   
75,000
 
Weighted average common unit equivalents outstanding
  
27,175
   
28,371
   
25,379
 
Diluted common unit equivalents
  
103,296
   
103,704
   
100,379