Acquisitions (Tables)

6 Months Ended

Mar. 31, 2022

Acquisitions [Abstract]

Summary of Assets Acquired and Liabilities Assumed

The table below summarizes the fair values (Quality Boats and YakGear are preliminary) of the assets acquired and liabilities assumed at the acquisition date, including the goodwill recorded as a result of the transactions:

Summary of Assets Acquired and Liabilities Assumed
($ in thousands)	T-H Marine			Quality Boats			Other Acquisitions			Total Acquisitions
Accounts receivable	$	8,955		$	-		$	1,122		$	10,077
Inventories		19,856			5,937			9,618			35,411
Prepaid expenses		1,547			54			370			1,971
Property and equipment		3,896			803			1,227			5,926
Operating lease right-of-use assets		5,960			428			218			6,606
Identifiable intangible assets		105,500			31,700			11,276			148,476
Goodwill		51,694			78,682			14,594			144,970
Accounts payable		(3,876	)		-			(471	)		(4,347	)
Accrued expenses		(1,697	)		-			(553	)		(2,250	)
Customer deposits		(394	)		(5,047	)		(3,307	)		(8,748	)
Operating lease liabilities		(5,960	)		(428	)		(218	)		(6,606	)
Aggregate acquisition date fair value	$	185,481		$	112,129		$	33,876		$	331,486
Consideration transferred	$	185,481		$	92,818		$	33,876		$	312,175
Fair value of non-controlling interests		-			19,311			-			19,311
Aggregate acquisition date fair value	$	185,481		$	112,129		$	33,876		$	331,486

Unaudited Pro Forma Results of Operations

The following unaudited pro forma summary presents consolidated information as if all acquisitions in the three and six month periods ended March 31, 2022 and 2021 had occurred on October 1, 2020:

	Three Months Ended March 31, 2022		Three Months Ended March 31, 2021
	($ in thousands)
	(Unaudited)
Pro forma revenue	$	443,901	$	413,583
Pro forma net income	$	42,583	$	40,468

	Six Months Ended March 31, 2022		Six Months Ended March 31, 2021
	($ in thousands)
	(Unaudited)
Pro forma revenue	$	821,412	$	734,457
Pro forma net income	$	66,257	$	58,019