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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 542,441 $ 594,339 $ 1,394,775 $ 1,485,329
Cost of sales (exclusive of depreciation and amortization shown separately below):        
Total cost of sales 409,836 434,905 1,050,365 1,069,210
Selling, general and administrative expenses 87,059 92,841 253,169 260,872
Depreciation and amortization 5,091 5,980 14,185 17,310
Transaction costs 242 97 966 1,668
Change in fair value of contingent consideration 214 436 3,918 763
Restructuring and impairment 0 0 11,847 0
Income from operations 39,999 60,080 60,325 135,506
Other expense (income):        
Interest expense – floor plan 9,290 7,436 25,627 17,687
Interest expense – other 9,008 9,077 27,352 25,265
Other (income) expense, net (1,357) 361 889 (465)
Total other expense, net 16,941 16,874 53,868 42,487
Net income before income tax expense 23,058 43,206 6,457 93,019
Income tax expense 6,344 9,916 2,222 21,264
Net income 16,714 33,290 4,235 71,755
Net income attributable to non-controlling interests 0 (938) (119) (3,468)
Net income attributable to non-controlling interests of One Water Marine Holdings, LLC (2,031) (3,782) (572) (8,013)
Net income attributable to OneWater Marine Inc. 14,683 28,570 3,544 60,274
New boat        
Revenues:        
Total revenues 333,162 371,645 901,552 959,334
Cost of sales (exclusive of depreciation and amortization shown separately below):        
Total cost of sales 276,440 295,483 740,069 745,767
Pre-owned boat        
Revenues:        
Total revenues 106,889 111,469 238,820 242,641
Cost of sales (exclusive of depreciation and amortization shown separately below):        
Total cost of sales 84,626 86,414 188,755 184,898
Finance & insurance income        
Revenues:        
Total revenues 17,932 19,028 40,022 43,286
Service, parts & other        
Revenues:        
Total revenues 84,458 92,197 214,381 240,068
Cost of sales (exclusive of depreciation and amortization shown separately below):        
Total cost of sales $ 48,770 $ 53,008 $ 121,541 $ 138,545
Class A Common Stock        
Other expense (income):        
Net (loss) earnings per share of Class A common stock – basic (in usd per share) $ 1.01 $ 2.00 $ 0.24 $ 4.21
Net (loss) earnings per share of Class A common stock - diluted (in usd per share) $ 0.99 $ 1.95 $ 0.24 $ 4.12
Basic weighted-average shares of Class A common stock outstanding (in shares) 14,593 14,314 14,571 14,317
Diluted weighted-average shares of Class A common stock outstanding (in shares) 14,891 14,675 14,835 14,639