Segment Information

9 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Segment Information

Segment InformationAs of June 30, 2023, we had two reportable segments: (1) Dealerships and (2) Distribution. See Note 2 for more information about our segments.

Reportable segment financial information as of and for the three and nine months ended June 30, 2023 are as follows:

	As of and for the Three Months Ended June 30, 2023
($ in thousands)	Dealerships		Distribution		Eliminations		Total
Revenue	$	543,312	$	51,180	$	(153)	$	594,339
Income (loss) from operations	59,699		388		(7)		60,080
Depreciation and amortization	2,768		3,816		-		6,584
Transaction costs	9		88		-		97
Change in fair value of contingent consideration	390		46		-		436
Total assets	1,368,783		402,559		(25)		1,771,317

	As of and for the Nine Months Ended June 30, 2023
($ in thousands)	Dealerships		Distribution		Eliminations		Total
Revenue	$	1,348,433	$	137,049	$	(153)	$	1,485,329
Income (loss) from operations	137,938		(2,425)		(7)		135,506
Depreciation and amortization	7,706		11,420		-		19,126
Transaction costs	1,432		236		-		1,668
Change in fair value of contingent consideration	474		289		-		763
Total assets	1,368,783		402,559		(25)		1,771,317

The Company identified the change in reportable segments as of August 9, 2022 and as such no financial information is presented as of and for the three and nine months ended June 30, 2022.