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Segment Information | 12 Months Ended
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Sep. 30, 2024
Segment Reporting [Abstract] |
Segment Information | 21. SEGMENT INFORMATION: Reportable Segments The Company’s segments are defined by management’s reporting structure and operating activities. Our chief operating decision maker (“CODM”) is our Chief Executive Officer. Our CODM reviews operational income statement information by segment for purposes of making operating decisions, assessing financial performance, and allocating resources. The CODM is not provided asset information by segment. The Company’s reportable segments are the following: Retail Operations. The Retail Operations segment includes the sale of new and used recreational boats, including pleasure and fishing boats, with a focus on premium brands in each segment. We also sell related marine products, including engines, trailers, parts, and accessories. In addition, we provide repair, maintenance, and slip and storage rentals; we arrange related boat financing, insurance, and extended service contracts; we offer boat and yacht brokerage sales; and we offer yacht charter services. In the British Virgin Islands, we offer the charter of catamarans through MarineMax Vacations. Fraser Yachts Group and Northrop & Johnson, leading superyacht brokerage and luxury yacht services companies with operations in multiple countries, are also included in this segment. We also maintain a network of strategically positioned luxury marinas situated in yachting and sport fishing destinations around the world through IGY Marinas, which is also included in this segment. The Retail Operations segment includes the majority of all corporate costs. Product Manufacturing. The Product Manufacturing segment includes activity of Cruisers Yachts and Intrepid Powerboats. Cruisers Yachts, a wholly-owned MarineMax subsidiary, manufacturing sport yacht and yachts with sales through our select retail dealership locations and through independent dealers. Cruisers Yachts is recognized as one of the world’s premier manufacturers of premium sport yacht and yachts, producing models from 33’ to 60’ feet. Intrepid Powerboats, also a wholly-owned MarineMax subsidiary, is recognized as a world class producer of customized boats, carefully reflecting the unique desires of each individual owner. Intrepid Powerboats follows a direct-to-consumer distribution model and has received many awards and accolades for its innovations and high-quality craftsmanship that create industry leading products in their categories. Intersegment revenue represents yachts that were manufactured in our Product Manufacturing segment and were sold to our Retail Operations segment. The Product Manufacturing segment supplies our Retail Operations segment along with various independent dealers. The following table sets forth depreciation and amortization for each of the Company’s reportable segments for the fiscal years ended September 30,
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | (Amounts in thousands) |
Depreciation: |  |  |  |  |  |  |  |  |
Retail Operations |  | $ | 16,577 |  |  | $ | 28,172 |  |  | $ | 30,952 |
Product Manufacturing |  |  | 131 |  |  |  | 4,138 |  |  |  | 4,748 |
Depreciation |  | $ | 16,708 |  |  | $ | 32,310 |  |  | $ | 35,700 |
Amortization: |  |  |  |  |  |  |  |  |
Retail Operations |  | $ | 857 |  |  | $ | 7,096 |  |  | $ | 8,494 |
Product Manufacturing |  |  | 1,853 |  |  |  | 1,626 |  |  |  | 293 |
Amortization |  | $ | 2,710 |  |  | $ | 8,722 |  |  | $ | 8,787 |
The following table sets forth revenue and income from operations for each of the Company’s reportable segments for the fiscal years ended September 30,
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | (Amounts in thousands) |
Revenue: |  |  |  |  |  |  |  |  |
Retail Operations |  | $ | 2,212,922 |  |  | $ | 2,294,362 |  |  | $ | 2,417,941 |
Product Manufacturing |  |  | 176,273 |  |  |  | 222,289 |  |  |  | 154,753 |
Elimination of intersegment revenue |  |  | (81,097 | ) |  |  | (121,945 | ) |  |  | (141,686 | )
Revenue |  | $ | 2,308,098 |  |  | $ | 2,394,706 |  |  | $ | 2,431,008 |
Income from operations: |  |  |  |  |  |  |  |  |
Retail Operations |  | $ | 249,186 |  |  | $ | 192,487 |  |  | $ | 122,863 |
Product Manufacturing |  |  | 20,258 |  |  |  | 23,420 |  |  |  | 431 |
Intersegment adjustments |  |  | (4,240 | ) |  |  | (15,105 | ) |  |  | 4,932 |
Income from operations |  | $ | 265,204 |  |  | $ | 200,802 |  |  | $ | 128,226 |
Intersegment adjustments represent eliminations of intersegment income from sales of boats from Product Manufacturing to Retail Operations and additional income recognized when manufactured boats are sold to the customer through the Retail Operations segment.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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