Segment Information

9 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Segment Information

Segment Information

We report our operations through two reportable segments: (1) Dealerships and (2) Distribution. See Note 2 for more information about our segments.

Reportable segment financial information for the three and nine months ended June 30, 2025 and 2024 are as follows:

	As of and for the Three Months Ended June 30, 2025
($ in thousands)	Dealerships		Distribution		Eliminations		Total
Revenue	$	513,371	$	39,588	$	(95)	$	552,864
Income (loss) from operations	31,573		(1,127)		(67)		30,379
Depreciation and amortization	3,690		2,611		—		6,301
Transaction costs	175		—		—		175
Change in fair value of contingent consideration	144		—		—		144
Restructuring and impairment	493		234		—		727
Total assets	1,318,156		222,298		(25)		1,540,429

	As of and for the Three Months Ended June 30, 2024
($ in thousands)	Dealerships		Distribution		Eliminations		Total
Revenue	$	497,793	$	44,768	$	(120)	$	542,441
Income (loss) from operations	38,804		1,206		(11)		39,999
Depreciation and amortization	3,276		2,509		—		5,785
Transaction costs	233		9		—		242
Change in fair value of contingent consideration	214		—		—		214
Restructuring and impairment	—		—		—		—
Total assets	1,396,048		239,852		(20)		1,635,880