Stockholders' and Members' Equity (Tables)

12 Months Ended

Sep. 30, 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 period from the Offering to September 30, 2020:

	Restricted Stock Unit Awards
	Number of Shares		Weighted Average Grant Date Fair Value ($)
Issued on February 11, 2020		44,666	$	14.61
Awarded		256,977		15.98
Vested		-		-
Forfeited		-		-
Unvested at September 30, 2020		301,643	$	15.78

Calculation of Earnings per share

The following table sets forth the calculation of earnings per share for the year ended September 30, 2020 (in thousands, except per share data):

Earnings per share:	Year Ended September 30, 2020
Numerator:
Net income attributable to OneWater Inc	$	17,425
Denominator:
Weighted-average number of unrestricted outstanding common shares used to calculate basic net income per share		6,243
Effect of dilutive securities:
Restricted stock units		44
Diluted weighted-average shares of Class A common stock outstanding used to calculate diluted net income per share		6,287
Earnings per share of Class A common stock – basic	$	2.79
Earnings per share of Class A common stock – diluted	$	2.77

Antidilutive Securities Excluded From Calculation

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

	Year Ended September 30, 2020
Class B common stock		8,324
Restricted stock units		220
		8,544