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Goodwill Other Intangible Assets and Other Long Term Assets (Tables)
 12 Months Ended
Sep. 30, 2022
Summary of Changes in Carrying Amount of Goodwill by Reportable Segment

The following table sets forth the changes in carrying amount of goodwill by reportable segment for the fiscal years ended September 30, 2021 and 2022:

 

 

Retail Operations

 

 

Product Manufacturing

 

 

Total

 

 

 

(Amounts in thousands)

 

Balance as of September 30, 2020

 

$

84,240

 

 

$

—

 

 

$

84,240

 

Goodwill acquired

 

 

71,306

 

 

 

40,134

 

 

 

111,440

 

Foreign currency translation

 

 

(117

)

 

 

—

 

 

 

(117

)

Balance as of September 30, 2021

 

$

155,429

 

 

$

40,134

 

 

$

195,563

 

Goodwill acquired

 

 

14,035

 

 

 

28,900

 

 

 

42,935

 

Foreign currency translation

 

 

(2,913

)

 

 

—

 

 

 

(2,913

)

Balance as of September 30, 2022

 

$

166,551

 

 

$

69,034

 

 

$

235,585

 
Summary of Other Intangible Assets, Net Other intangible assets, net, at September 30, consisted of the following:

 

 

 

2021

 

 

2022

 

 

 

(Amounts in thousands)

 

Trade names - indefinite-lived

 

$

3,051

 

 

$

7,736

 

Other intangible assets, primarily customer relationships

 

 

3,970

 

 

 

5,948

 

 

 

 

7,021

 

 

 

13,684

 

Less: accumulated amortization

 

 

(1,462

)

 

 

(2,798

)

Intangible assets, net

 

$

5,559

 

 

$

10,886

 
Cruisers Yachts [Member]  
Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed at Acquisition Date

The following table summarizes the consideration paid for Cruisers Yachts and the allocation of the purchase consideration to the estimated fair value of the assets acquired and liabilities assumed at the acquisition date.

 

 

(Amounts in thousands)

 

Consideration:

 

 

 

Cash purchase price and net working capital adjustments, net of cash acquired of $5,993

 

$

61,448

 

 

 

 

 

Recognized amounts of identifiable assets acquired and liabilities assumed:

 

 

 

Current assets, net of cash acquired of $5,993

 

$

29,869

 

Property and equipment

 

 

12,126

 

Intangible assets

 

 

4,602

 

Current liabilities

 

 

(25,283

)

Total identifiable net assets acquired:

 

 

21,314

 

Goodwill

 

$

40,134

 

Total

 

$

61,448

 
SkipperBuds [Member]  
Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed at Acquisition Date

The following table summarizes the consideration paid for SkipperBud’s and the allocation of the purchase consideration to the estimated fair value of the assets acquired and liabilities assumed at the acquisition date.

 

 

(Amounts in thousands)

 

Consideration:

 

 

 

Cash purchase price and net working capital adjustments, net of cash acquired of $30,615

 

$

50,261

 

Contingent consideration liability

 

 

8,200

 

Fair value of total consideration transferred

 

$

58,461

 

 

 

 

 

Recognized amounts of identifiable assets acquired and liabilities assumed:

 

 

 

Current assets, net of cash acquired of $30,615

 

$

50,688

 

Property and equipment

 

 

4,859

 

Intangible assets

 

 

1,978

 

Current liabilities

 

 

(55,427

)

Total identifiable net assets acquired:

 

 

2,098

 

Goodwill

 

$

56,363

 

Total

 

$

58,461