XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues:    
Revenues $ 366,659 $ 336,272
Cost of sales (exclusive of depreciation and amortization shown separately below)    
Cost of sales 256,671 235,307
Selling, general and administrative expenses 77,838 59,096
Depreciation and amortization 5,693 1,749
Transaction costs 1,330 3,045
Change in fair value of contingent consideration (1,409) 5,746
Income from operations 26,536 31,329
Other expense (income)    
Interest expense - floor plan 4,779 877
Interest expense - other 7,584 1,529
Other (income) expense, net (639) 548
Total other expense, net 11,724 2,954
Income before income tax expense 14,812 28,375
Income tax expense 3,384 4,889
Net income 11,428 23,486
Less: Net income attributable to non-controlling interests (1,365) 0
Less: Net income attributable to non-controlling interests of One Water Marine Holdings, LLC (1,163) (3,467)
Net income attributable to OneWater Marine Inc. 8,900 20,019
New Boat [Member]    
Revenues:    
Revenues 232,405 236,198
Cost of sales (exclusive of depreciation and amortization shown separately below)    
Cost of sales 175,258 175,896
Pre-Owned Boat [Member]    
Revenues:    
Revenues 55,778 53,449
Cost of sales (exclusive of depreciation and amortization shown separately below)    
Cost of sales 40,304 39,370
Finance & Insurance [Member]    
Revenues:    
Revenues 8,934 9,307
Service, Parts & Other [Member]    
Revenues:    
Revenues 69,542 37,318
Cost of sales (exclusive of depreciation and amortization shown separately below)    
Cost of sales $ 41,109 $ 20,041
Class A Common Stock [Member]    
Other expense (income)    
Earnings per share, Basic (in dollars per share) $ 0.62 $ 1.5
Earnings per share, Diluted (in dollars per share) $ 0.61 $ 1.45
Basic weighted-average shares outstanding (in shares) 14,297 13,380
Diluted weighted-average shares outstanding (in shares) 14,587 13,761