XML 44 R34.htm IDEA: XBRL DOCUMENT v3.22.0.1
Acquisitions (Details)
$ in Thousands
3 Months Ended
Dec. 31, 2021
USD ($)
Location
Dec. 31, 2020
USD ($)
Dec. 01, 2021
Location
Oct. 02, 2021
Location
Sep. 30, 2021
USD ($)
Acquisition [Abstract]          
Cash paid for acquisition $ 278,800        
Note payable to seller 1,100        
Payment of contingent consideration 10,000        
Accrued purchase consideration 5,400        
Issuance of shares of Class A common stock 6,800        
Minimum payout due of contingent consideration 0        
Maximum payout due of contingent consideration 18,800        
Summary of Assets Acquired and Liabilities Assumed [Abstract]          
Goodwill 419,675       $ 168,491
Revenue 336,272 $ 214,083      
Income before income tax expense 28,375 14,286      
Costs related to acquisition 3,045 200      
Unaudited Pro Forma Results of Operations [Abstract]          
Pro forma revenue 374,940 318,198      
Pro forma net income $ 23,949 $ 17,803      
Notes Payable [Member]          
Acquisition [Abstract]          
Interest rate 4.00%        
Naples Boat Mart [Member]          
Acquisition [Abstract]          
Number of stores | Location       1  
Norfolk Marine [Member]          
Acquisition [Abstract]          
Number of stores | Location     1    
T-H Marine [Member]          
Summary of Assets Acquired and Liabilities Assumed [Abstract]          
Accounts receivable $ 8,955        
Inventories 19,856        
Prepaid expenses 1,547        
Property and equipment 3,896        
Operating lease right-of-use assets 5,960        
Identifiable intangible assets 0        
Goodwill 157,367        
Accounts payable (3,876)        
Accrued expenses (1,870)        
Customer deposits (394)        
Operating lease liabilities (5,960)        
Aggregate acquisition date fair value 185,481        
Consideration transferred 185,481        
Fair value of non-controlling interests $ 0        
Quality Boats [Member]          
Acquisition [Abstract]          
Number of stores | Location 3        
Percentage of economic interest retained by sellers 20.00%        
Percentage of remaining economic interest 20.00%        
Summary of Assets Acquired and Liabilities Assumed [Abstract]          
Accounts receivable $ 0        
Inventories 5,937        
Prepaid expenses 187        
Property and equipment 803        
Operating lease right-of-use assets 428        
Identifiable intangible assets 31,700        
Goodwill 78,682        
Accounts payable (2,108)        
Accrued expenses 0        
Customer deposits (3,997)        
Operating lease liabilities (428)        
Aggregate acquisition date fair value 111,204        
Consideration transferred 91,893        
Fair value of non-controlling interests 19,311        
Other Acquisitions [Member]          
Summary of Assets Acquired and Liabilities Assumed [Abstract]          
Accounts receivable 399        
Inventories 6,879        
Prepaid expenses 56        
Property and equipment 916        
Operating lease right-of-use assets 0        
Identifiable intangible assets 4,250        
Goodwill 15,135        
Accounts payable (219)        
Accrued expenses (483)        
Customer deposits (2,227)        
Operating lease liabilities 0        
Aggregate acquisition date fair value 24,706        
Consideration transferred 24,706        
Fair value of non-controlling interests 0        
Total Acquisitions [Member]          
Summary of Assets Acquired and Liabilities Assumed [Abstract]          
Accounts receivable 9,354        
Inventories 32,672        
Prepaid expenses 1,790        
Property and equipment 5,615        
Operating lease right-of-use assets 6,388        
Identifiable intangible assets 35,950        
Goodwill 251,184        
Accounts payable (6,203)        
Accrued expenses (2,353)        
Customer deposits (6,618)        
Operating lease liabilities (6,388)        
Aggregate acquisition date fair value 321,391        
Consideration transferred 302,080        
Fair value of non-controlling interests 19,311        
Revenue 14,200        
Income before income tax expense $ 1,100