XML 25 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Operations - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue:    
Total revenue $ 1,209.2 $ 1,366.4
Total cost of revenue 894.9 1,006.5
Gross profit 314.3 359.9
Selling, general and administrative 275.4 347.3
Impairment of franchise rights and goodwill 39.3 60.1
Depreciation and amortization 14.3 22.0
Operating loss (14.7) (69.5)
Non-operating expense:    
Floor plan interest expense (16.0) (13.2)
Other interest expense (48.1) (64.0)
Other expense 0.0 (8.4)
Total non-operating expense (64.1) (85.6)
Loss from continuing operations before income taxes (78.8) (155.1)
Income tax provision (benefit) from continuing operations (0.2) 59.3
Loss from continuing operations (78.6) (214.4)
Loss from discontinued operations 0.0 (1.1)
Net loss $ (78.6) $ (215.5)
Weighted average number of common shares outstanding - basic (in shares) 35,379,798 17,740,525
Weighted average number of common shares outstanding - diluted (in shares) 35,379,798 17,740,525
Loss from continuing operations per share – basic (in dollars per share) $ (2.22) $ (12.08)
Loss from continuing operations per share – diluted (in dollars per share) (2.22) (12.08)
Loss from discontinued operations per share – basic (in dollars per share) 0 (0.06)
Loss from discontinued operations per share diluted – (in dollars per share) 0 (0.06)
Net loss per share — basic (in dollars per share) (2.22) (12.15)
Net loss per share — diluted (in dollars per share) $ (2.22) $ (12.15)
Powersports vehicles    
Revenue:    
Total revenue $ 842.6 $ 951.4
Total cost of revenue 738.6 832.5
Parts, service and accessories    
Revenue:    
Total revenue 206.2 241.8
Total cost of revenue 111.7 131.5
Finance and insurance, net    
Revenue:    
Total revenue 102.4 117.0
Vehicle transportation services    
Revenue:    
Total revenue 58.0 56.2
Total cost of revenue $ 44.6 $ 42.5