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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Revenues:        
Total revenues $ 488,321 $ 524,331 $ 852,334 $ 890,990
Cost of sales (exclusive of depreciation and amortization shown separately below):        
Total cost of sales 367,959 377,634 640,529 634,305
Selling, general and administrative expenses 86,511 90,193 166,110 168,031
Depreciation and amortization 4,872 5,637 9,094 11,330
Transaction costs 145 241 724 1,571
Change in fair value of contingent consideration 3,132 1,736 3,704 327
Restructuring and impairment 11,847 0 11,847 0
Income from operations 13,855 48,890 20,326 75,426
Other expense (income):        
Interest expense – floor plan 8,525 5,472 16,337 10,251
Interest expense – other 9,192 8,604 18,344 16,188
Other expense (income), net 2,493 (187) 2,246 (826)
Total other expense, net 20,210 13,889 36,927 25,613
Net (loss) income before income tax (benefit) expense (6,355) 35,001 (16,601) 49,813
Income tax (benefit) expense (1,846) 7,964 (4,122) 11,348
Net (loss) income (4,509) 27,037 (12,479) 38,465
Net (income) attributable to non-controlling interests 0 (1,165) (119) (2,530)
Net loss (income) attributable to non-controlling interests of One Water Marine Holdings, LLC 540 (3,068) 1,459 (4,231)
Net (loss) income attributable to OneWater Marine Inc. (3,969) 22,804 (11,139) 31,704
New boat        
Revenues:        
Total revenues 327,306 355,284 568,390 587,689
Cost of sales (exclusive of depreciation and amortization shown separately below):        
Total cost of sales 267,226 275,026 463,629 450,284
Pre-owned boat        
Revenues:        
Total revenues 78,648 75,394 131,931 131,172
Cost of sales (exclusive of depreciation and amortization shown separately below):        
Total cost of sales 62,783 58,180 104,129 98,484
Finance & insurance income        
Revenues:        
Total revenues 14,730 15,324 22,090 24,258
Service, parts & other        
Revenues:        
Total revenues 67,637 78,329 129,923 147,871
Cost of sales (exclusive of depreciation and amortization shown separately below):        
Total cost of sales $ 37,950 $ 44,428 $ 72,771 $ 85,537
Class A Common Stock        
Other expense (income):        
Net (loss) earnings per share of Class A common stock – basic (in usd per share) $ (0.27) $ 1.59 $ (0.77) $ 2.21
Net (loss) earnings per share of Class A common stock - diluted (in usd per share) $ (0.27) $ 1.56 $ (0.77) $ 2.17
Basic weighted-average shares of Class A common stock outstanding (in shares) 14,579 14,340 14,559 14,318
Diluted weighted-average shares of Class A common stock outstanding (in shares) 14,579 14,655 14,559 14,612