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SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

($ in millions)			Powersports Dealership Group						Vehicle Transportation Services						Unallocated and Adjustments						Total
2024
Revenue from external customers:
Powersports vehicles			$	842.6					$	—					$	—					$	842.6
Parts, service and accessories			206.2						—						—						206.2
Finance and insurance, net			102.4						—						—						102.4
Vehicle transportation services			—						58.0						—						58.0
Total revenue			1,151.2						58.0						—						1,209.2
Cost of revenue:
Powersports vehicles			738.6						—						—						738.6
Parts, service and accessories			111.7						—						—						111.7
Vehicle transportation services			—						44.6						—						44.6
Total cost of revenue			850.3						44.6						—						894.9
Gross profit			300.9						13.4						—						314.3
Compensation and related costs			152.4						7.0						—						159.4
Facilities			45.0						0.2						—						45.2
Other operating expenses(1)			70.1						0.7						—						70.8
Impairment of franchise rights			—						—						39.3						39.3
Depreciation and amortization			—						—						14.3						14.3
Floor plan interest expense			16.0						—						(16.0)						—
Operating income (loss)			$	17.4					$	5.5					$	(37.6)					$	(14.7)
Floor plan interest expense																					16.0
Other interest expense																					48.1
Loss from continuing operations before income taxes																					$	(78.8)

(1) Other operating expenses represent general and administrative expenses, advertising, professional fees, and stock-based compensation expenses. The detail for such expenses on a consolidated basis is included in Note 11 and is attributable to the Powersports Dealership Group except for $0.7 million that was in Vehicle Transportation Services.

($ in millions)			Powersports Dealership Group						Vehicle Transportation Services						Unallocated, Eliminations and Adjustments						Total
2023
Revenue
Powersports vehicles			$	951.4					$	—					$	—					$	951.4
Parts, service and accessories			241.8						—						—						241.8
Finance and insurance, net			117.0						—						—						117.0
Vehicle transportation services(1)			—						56.6						(0.4)						56.2
Total revenue			1,310.2						56.6						(0.4)						1,366.4
Cost of revenue:
Powersports vehicles			832.5						—						—						832.5
Parts, service and accessories			131.5						—						—						131.5
Vehicle transportation services			—						42.9						(0.4)						42.5
Total cost of revenue			964.0						42.9						(0.4)						1,006.5
Gross profit			346.2						13.7						—						359.9
Compensation and related costs			192.1						7.4						—						199.5
Facilities			44.3						0.2						—						44.5
Other operating expenses(2)			102.9						0.4						—						103.3
Impairment of goodwill and franchise rights			—						—						60.1						60.1
Depreciation and amortization			—						—						22.0						22.0
Floor plan interest expense			13.2												(13.2)						—
Operating income (loss)			$	(6.3)					$	5.7					$	(68.9)					$	(69.5)
Floor plan interest expense																					13.2
Other interest expense																					64.0
Other non-operating expense																					8.4
Loss from continuing operations before income taxes																					$	(155.1)

(1) Revenue in 2023 included $0.4 million of revenue from the discontinued automotive segment. All other revenue is from external customers.

(2) Other operating expenses represent general and administrative expenses, advertising, professional fees, and stock-based compensation expenses. The detail for such expenses on a consolidated basis is included in Note 11 and is attributable to the Powersports Dealership Group except for $0.4 million that was in Vehicle Transportation Services.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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