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Acquisitions and Dispositions (Tables)

6 Months Ended

Mar. 31, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Preliminary Fair Value of Consideration

The preliminary fair value of the consideration is as follows (in thousands):

Cash			$	6,000
Note payable			5,000
Total fair value of consideration			$	11,000

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following is our preliminary allocation of the fair value of the acquisition price (in thousands) as of January 21, 2025:

Current assets			$	73
Property and equipment			3,305
Licenses			5,928
Tradename			1,081
Total net assets acquired			10,387
Goodwill			613
Total fair value of net assets acquired			$	11,000

Schedule of Unaudited Pro Forma Combined Results of Operations

From the date of acquisition until March 31, 2025, the acquired club contributed the following, which are included in our unaudited condensed consolidated statements of income (in thousands):

			Three Months Ended March 31, 2025						Six Months Ended March 31, 2025
Revenues			$	681					$	681
Income from operations			$	184					$	184

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

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-Name Accounting Standards Codification
-Section 50
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-Topic 805
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- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

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-Name Accounting Standards Codification
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-SubTopic 10
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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

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