SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Segment Reporting Information, by Segment

Information about continuing operations by operating segment for the three and six months ended June 30, 2023 and 2022 were as follows:


	Powersports		Vehicle Logistics		Eliminations (1)		Total - Continuing Operations
Three Months Ended June 30, 2023

Revenue	$	368,308	$	14,601	$	(178)	$	382,731
Operating income (loss)	$	(661)	$	1,480	$	—	$	819
Depreciation and amortization	$	5,258	$	11	$	—	$	5,269
Interest expense	$	(18,326)	$	—	$	—	$	(18,326)

Three Months Ended June 30, 2022

Revenue (2)	$	396,665	$	16,636	$	(1,119)	$	412,182
Operating income (loss)	$	29,820	$	1,281	$	(55)	$	31,046
Depreciation and amortization	$	5,852	$	10	$	—	$	5,862
Interest expense	$	(12,751)	$	—	$	—	$	(12,751)

Six Months Ended June 30, 2023
Revenue	$	687,852	$	29,600	$	(337)	$	717,115
Operating income (loss)	$	(2,804)	$	2,910	$	—	$	106
Depreciation and amortization	$	9,975	$	21	$	—	$	9,996
Interest expense	$	(35,928)	$	—	$	—	$	(35,928)
Change in derivative liability	$	—	$	—	$	—	$	—

Six Months Ended June 30, 2022
Revenue (2)	$	718,818	$	30,248	$	(2,380)	$	746,686
Operating income (loss)	$	51,588	$	2,348	$	(48)	$	53,888
Depreciation and amortization	$	10,299	$	20	$	—	$	10,319
Interest expense	$	(23,412)	$	(1)	$	—	$	(23,413)
Change in derivative liability	$	39	$	—	$	—	$	39

Total assets by operating segment at June 30, 2023 and 2022 were as follows:


	Powersports		Vehicle Logistics		Eliminations (1)		Continuing Operations		Discontinued Operations		Total
Total assets at June 30, 2023	$	1,876,666	$	23,186	$	(863,300)	$	1,036,552	$	307	$	1,036,859
Total assets at June 30, 2022	$	2,028,815	$	18,672	$	(824,275)	$	1,223,212	$	48,345	$	1,271,557

(1)Intercompany investment balances primarily relate to the acquisitions of RideNow, Freedom Entities, Wholesale Inc. and Wholesale Express, and receivables and other balances related to intercompany freight services of Wholesale Express are eliminated in the Condensed Consolidated Balance Sheets. Revenue and costs for these intercompany freight services have been eliminated in the Condensed Consolidated Statements of Operations.

(2)Amount for Powersports for 2022 have been adjusted by $18.1 million and $32.8 million, respectively for three and six months ended June 30, 2022. See "Correction of an Immaterial Misstatement Related to Prior Periods" in Note 1.