XML 49 R36.htm IDEA: XBRL DOCUMENT
v3.25.2

Stockholders’ Equity (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2025
Equity [Abstract] |
Summary of Restricted Stock Units Activity | The following table further summarizes activity related to restricted stock units for the nine months ended June 30, 2025:
| Restricted Stock Unit Awards
| Number of Shares |  | Weighted Average Grant Date Fair Value
Unvested at September 30, 2024 | 542,119 |  | $ | 27.20 |
Awarded | 364,050 |  | 23.91 |
Vested | (238,352) |  | 27.54 |
Forfeited | (3,999) |  | 25.51 |
Unvested at June 30, 2025 | 663,818 |  | $ | 25.29 |
Summary of Calculation of Net (Loss) Earnings Per Share | The following table sets forth the calculation of net earnings per share for the three months ended June 30, 2025 and 2024 (in thousands, except per share data):
Net earnings per share: |  | Three Months Ended June 30, 2025 |  | Three Months Ended June 30, 2024
Numerator: |  |  |  |
Net income attributable to OneWater Inc |  | $ | 10,715 |  |  | $ | 14,683 |
Denominator: |  |  |  |
Weighted-average number of unrestricted outstanding common shares used to calculate basic net earnings per share |  | 16,313 |  | 14,593
Effect of dilutive securities: |  |  |  |
Restricted stock units |  | 120 |  | 297
Employee stock purchase plan |  | 11 |  | 1
Diluted weighted-average shares of Class A common stock outstanding used to calculate diluted net earnings per share |  | 16,444 |  | 14,891
Net earnings per share of Class A common stock – basic |  | $ | 0.66 |  |  | $ | 1.01 |
Net earnings per share of Class A common stock – diluted |  | $ | 0.65 |  |  | $ | 0.99 |
The following table sets forth the calculation of net (loss) earnings per share for the nine months ended June 30, 2025 and 2024 (in thousands, except per share data):
Net (loss) earnings per share: |  | Nine Months Ended June 30, 2025 |  | Nine Months Ended June 30, 2024
Numerator: |  |  |  |
Net (loss) income attributable to OneWater Inc |  | $ | (1,624) |  |  | $ | 3,544 |
Denominator: |  |  |  |
Weighted-average number of unrestricted outstanding common shares used to calculate basic net (loss) earnings per share |  | 15,700 |  | 14,571
Effect of dilutive securities: |  |  |  |
Restricted stock units |  | — |  | 264
Employee stock purchase plan |  | — |  | —
Diluted weighted-average shares of Class A common stock outstanding used to calculate diluted net (loss) earnings per share |  | 15,700 |  | 14,835
Net (loss) earnings per share of Class A common stock – basic |  | $ | (0.10) |  |  | $ | 0.24 |
Net (loss) earnings per share of Class A common stock – diluted |  | $ | (0.10) |  |  | $ | 0.24 |
Summary of Antidilutive Securities Excluded From Calculation | The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted net earnings (loss) per share because the effect of including such potentially dilutive shares would have been antidilutive upon conversion (in thousands):
| Three Months Ended June 30, 2025 |  | Three Months Ended June 30, 2024
Class B common stock | — |  | 1,430
Restricted Stock Units | 8 |  | 198
Employee Stock Purchase Plan | — |  | 33
| 8 |  | 1,661
| Nine Months Ended June 30, 2025 |  | Nine Months Ended June 30, 2024
Class B common stock | 596 |  | 1,430
Restricted Stock Units | 118 |  | 251
Employee Stock Purchase Plan | 8 |  | 28
| 722 |  | 1,709
Summary of Weighted Average Assumptions | The following are the assumptions used for the periods ended June 30, 2025 and 2024:
| 2025 |  | 2024
Dividend yield | 0.0 | % |  | 0.0 | %
Risk-free interest rate | 4.3 - 5.4% |  | 5.2 - 5.5%
Volatility | 55.0 - 65.5% |  | 37.6 - 62.7%
Expected life | Six months |  | Six months

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration