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Acquisitions (Tables)
 3 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Summary of Purchase Price Allocation of Purchase of Acquired Identifiable Assets, Liabilities Assumed and Goodwill
The fair value of the purchase price components was $1.8 million, as detailed below (in $000's):
Cash$1,034 
Additional consideration425 
Holdback300 
Purchase price$1,759 
The table below outlines the purchase price allocation of the purchase for CRO to the acquired identifiable assets, liabilities assumed and goodwill as of December 31, 2023 (in $000’s):
Total purchase price$1,759 
Accounts payable770 
Accrued liabilities1,298 
Total liabilities assumed2,068 
Total consideration3,827 
Accounts receivable259 
Inventory1,406 
Property, plant and equipment261 
Intangible assets
Non-compete agreement1,190 
Subtotal intangible assets1,190 
Other assets286 
Total assets acquired3,402 
Total goodwill$425 
The fair value of the purchase price components outlined above was approximately $2.0 million, as detailed below (in $000's):
Cash$500 
Deferred consideration1,200 
Earnout301 
Purchase price$2,001 
The table below outlines the purchase price allocation of the purchase for Johnson to the acquired identifiable assets, liabilities assumed and goodwill as of December 31, 2023 (in $000’s):
Total purchase price$2,001 
Accounts payable1,017 
Accrued liabilities1,141 
Total liabilities assumed2,158 
Total consideration4,159 
Accounts receivable1,252 
Inventory1,127 
Property, plant and equipment157 
Intangible assets
Customer relationships$1,301 
Non-compete agreement306 
Subtotal intangible assets1,607 
Other assets16 
Total assets acquired4,159 
Total goodwill$— 
The fair value of the purchase price components outlined above was $26.8 million due to fair value adjustments for the contingent consideration, cash acquired, and working capital adjustments, as detailed below (in $000's):
Purchase price$25,000 
Fair value of earnout2,675 
Cash from balance sheet1,602 
Working capital adjustment(2,500)
Net purchase price$26,777 
The table below outlines the purchase price allocation of the purchase for PMW to the acquired identifiable assets, liabilities assumed and goodwill (in $000’s):
Net purchase price$26,777 
Accounts payable10,788 
Accrued liabilities4,995 
Total liabilities assumed15,783 
Total consideration42,560 
Cash1,602 
Accounts receivable12,613 
Inventory6,266 
Property, plant and equipment13,616 
Intangible assets3,600 
Other assets849 
Total assets acquired38,546 
Total goodwill$4,014 
The table below outlines the purchase price allocation, as revised, of the purchase for Flooring Liquidators to the acquired identifiable assets, liabilities assumed and goodwill (in $000’s):
Purchase price$78,700 
Accounts payable5,189 
Accrued liabilities10,700 
Debt60 
Total liabilities assumed15,949 
Total consideration94,649 
Cash9,131 
Accounts receivable4,824 
Inventory19,402 
Property, plant and equipment4,643 
Intangible assets
Trade names$13,275 
Customer relationships7,700 
Non-compete agreements1,625 
Other49 
Subtotal intangible assets22,649 
Other2,581 
Total assets acquired63,230 
Total goodwill$31,419 
Schedule of Asset Acquisition
The table below outlines the purchase price allocation of the purchase for Cal Coast to the acquired identifiable assets (in $000’s):
Property, plant and equipment$35 
Intangible assets
Customer relationships785 
Trade name425 
Non-compete agreement55 
Total intangible assets1,265 
Total assets acquired$1,300 
Schedule of Business Acquisitions, by Acquisition
The fair value of the purchase price components outlined above was $78.7 million due to fair value adjustments for the Note, and restricted stock, as detailed below (in $000's).
Purchase price$83,800 
Fair value adjustment, sellers note(3,300)
Fair value adjustment, restricted stock(1,800)
Net purchase price$78,700