10-Q Filing

ONEWATER MARINE INC. CIK: 1772921 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001140361-21-028117`
Period End Date	20210630
Filing Date	20210812
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	brhc10027514_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 77 Cash Flow Statement 99 Stockholders Equity 82

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`Cash`	$113.25M	USD	Point-in-time
Cash	`Cash`	$66.09M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.07M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$7.44M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$18.48M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$37.75M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$150.12M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$116.87M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$32.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$252.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$307.56M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.44M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$66.21M	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$504.00K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$350.00K	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$12.85M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$18.97M	USD	Point-in-time
Identifiable intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$61.30M	USD	Point-in-time
Identifiable intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$74.00M	USD	Point-in-time
Goodwill	`Goodwill`	$151.56M	USD	Point-in-time
Goodwill	`Goodwill`	$113.06M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$245.04M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$187.57M	USD	Point-in-time
Total assets	`Assets`	$618.80M	USD	Point-in-time
Total assets	`Assets`	$458.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.78M	USD	Point-in-time
Other payables and accrued expenses	`OtherAccountsPayableAndAccruedLiabilities`	$56.10M	USD	Point-in-time
Other payables and accrued expenses	`OtherAccountsPayableAndAccruedLiabilities`	$24.22M	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$17.28M	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$43.11M	USD	Point-in-time
Notes payable - floor plan	`NotePayableFloorPlan`	$108.16M	USD	Point-in-time
Notes payable - floor plan	`NotePayableFloorPlan`	$124.03M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.42M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$11.86M	USD	Point-in-time
Current portion of tax receivable agreement liability	`CurrentPortionOfTaxReceivableAgreementLiability`	$482.00K	USD	Point-in-time
Current portion of tax receivable agreement liability	`CurrentPortionOfTaxReceivableAgreementLiability`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$244.62M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$185.74M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.48M	USD	Point-in-time
Tax receivable agreement liability, net of current portion	`TaxReceivableAgreementLiability`	$15.59M	USD	Point-in-time
Tax receivable agreement liability, net of current portion	`TaxReceivableAgreementLiability`	$25.59M	USD	Point-in-time
Long-term debt, net of current portion and unamortized debt issuance costs	`LongTermDebtNoncurrent`	$81.98M	USD	Point-in-time
Long-term debt, net of current portion and unamortized debt issuance costs	`LongTermDebtNoncurrent`	$103.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$382.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$284.78M	USD	Point-in-time
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued and outstanding as of June 30, 2021 and September 30, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued and outstanding as of June 30, 2021 and September 30, 2020	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$123.64M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$105.95M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$58.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.76M	USD	Point-in-time
Total stockholders' equity attributable to OneWater Marine Inc.	`StockholdersEquity`	$182.75M	USD	Point-in-time
Total stockholders' equity attributable to OneWater Marine Inc.	`StockholdersEquity`	$122.85M	USD	Point-in-time
Equity attributable to non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$50.43M	USD	Point-in-time
Equity attributable to non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$53.65M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$138.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$33.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$171.83M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$184.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.97M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$236.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$215.55M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$618.80M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$458.07M	USD	Point-in-time

Income Statement 77 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$408.27M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$751.93M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$947.90M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$404.21M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$580.48M	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$679.73M	USD	3 Qtrs
Total cost of sales	`CostOfRevenue`	$313.59M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$277.25M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$143.69M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$103.82M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$43.13M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$60.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$2.38M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.82M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$824.00K	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$31.00K	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$65.00K	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$3.39M	USD	3 Qtrs
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$633.00K	USD	3 Qtrs
Loss on contingent consideration	`LossGainOnContingentConsideration`	$377.00K	USD	3 Qtrs
Loss on contingent consideration	`LossGainOnContingentConsideration`	-	USD	1 Quarter
Loss on contingent consideration	`LossGainOnContingentConsideration`	-	USD	3 Qtrs
Loss on contingent consideration	`LossGainOnContingentConsideration`	-	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$119.66M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$64.94M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$61.87M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$50.70M	USD	1 Quarter
Interest expense - floor plan	`FloorplanInterestExpense`	$2.30M	USD	1 Quarter
Interest expense - floor plan	`FloorplanInterestExpense`	$2.21M	USD	3 Qtrs
Interest expense - floor plan	`FloorplanInterestExpense`	$956.00K	USD	1 Quarter
Interest expense - floor plan	`FloorplanInterestExpense`	$7.48M	USD	3 Qtrs
Interest expense - other	`InterestExpenseDebt`	$3.08M	USD	1 Quarter
Interest expense - other	`InterestExpenseDebt`	$3.22M	USD	3 Qtrs
Interest expense - other	`InterestExpenseDebt`	$7.39M	USD	3 Qtrs
Interest expense - other	`InterestExpenseDebt`	$1.08M	USD	1 Quarter
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-771.00K	USD	3 Qtrs
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	3 Qtrs
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$43.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$247.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$158.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-22.00K	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-5.18M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-14.12M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-1.88M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-5.34M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.74M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$63.05M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$114.48M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$45.36M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.74M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$5.21M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$20.56M	USD	3 Qtrs
Net income	`ProfitLoss`	$30.59M	USD	1 Quarter
Net income	`ProfitLoss`	$2.96M	USD	1 Quarter
Net income	`ProfitLoss`	$22.00K	USD	Point-in-time
Net income	`ProfitLoss`	$-1.07M	USD	1 Quarter
Net income	`ProfitLoss`	$42.53M	USD	3 Qtrs
Net income	`ProfitLoss`	$40.62M	USD	1 Quarter
Net income	`ProfitLoss`	$11.78M	USD	1 Quarter
Net income	`ProfitLoss`	$51.56M	USD	1 Quarter
Net income	`ProfitLoss`	$93.92M	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$350.00K	USD	3 Qtrs
Net income loss attributable to noncontrolling interest of OneWater Marine Holdings LLC	`NetIncomeLossAttributableToNoncontrollingInterestOfOneWaterMarineHoldingsLLC`	$26.73M	USD	3 Qtrs
Net income loss attributable to noncontrolling interest of OneWater Marine Holdings LLC	`NetIncomeLossAttributableToNoncontrollingInterestOfOneWaterMarineHoldingsLLC`	$17.05M	USD	1 Quarter
Net income loss attributable to noncontrolling interest of OneWater Marine Holdings LLC	`NetIncomeLossAttributableToNoncontrollingInterestOfOneWaterMarineHoldingsLLC`	$31.16M	USD	3 Qtrs
Net income loss attributable to noncontrolling interest of OneWater Marine Holdings LLC	`NetIncomeLossAttributableToNoncontrollingInterestOfOneWaterMarineHoldingsLLC`	$26.25M	USD	1 Quarter
Net (loss) income attributable to One Water Marine Holdings, LLC	`NetIncomeLoss`	$62.77M	USD	3 Qtrs
Net (loss) income attributable to One Water Marine Holdings, LLC	`NetIncomeLoss`	$14.37M	USD	1 Quarter
Net (loss) income attributable to One Water Marine Holdings, LLC	`NetIncomeLoss`	$15.45M	USD	3 Qtrs
Net (loss) income attributable to One Water Marine Holdings, LLC	`NetIncomeLoss`	$34.50M	USD	1 Quarter

Cash Flow Statement 99 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$30.59M	USD	1 Quarter
Net income	`ProfitLoss`	$2.96M	USD	1 Quarter
Net income	`ProfitLoss`	$22.00K	USD	Point-in-time
Net income	`ProfitLoss`	$-1.07M	USD	1 Quarter
Net income	`ProfitLoss`	$42.53M	USD	3 Qtrs
Net income	`ProfitLoss`	$40.62M	USD	1 Quarter
Net income	`ProfitLoss`	$11.78M	USD	1 Quarter
Net income	`ProfitLoss`	$51.56M	USD	1 Quarter
Net income	`ProfitLoss`	$93.92M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.38M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.82M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.48M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$824.00K	USD	1 Quarter
Equity-based awards	`ShareBasedCompensation`	$1.60M	USD	3 Qtrs
Equity-based awards	`ShareBasedCompensation`	$3.35M	USD	3 Qtrs
(Gain) loss on asset disposals	`GainLossOnDispositionOfAssets1`	$-60.00K	USD	3 Qtrs
(Gain) loss on asset disposals	`GainLossOnDispositionOfAssets1`	$196.00K	USD	3 Qtrs
Change in fair value of long-term warrant liability	`FairValueAdjustmentOfWarrants`	$-771.00K	USD	3 Qtrs
Change in fair value of long-term warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	3 Qtrs
Change in fair value of long-term warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of long-term warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$503.00K	USD	3 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$6.18M	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$2.34M	USD	3 Qtrs
Payment of acquisition contingent consideration	`PaymentForContingentConsiderationLiabilityOperatingActivities`	-	USD	3 Qtrs
Payment of acquisition contingent consideration	`PaymentForContingentConsiderationLiabilityOperatingActivities`	$5.52M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$42.15M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$19.03M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-106.04M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-47.15M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.56M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$16.89M	USD	3 Qtrs
Deposits	`IncreaseDecreaseInDepositOtherAssets`	$11.00K	USD	3 Qtrs
Deposits	`IncreaseDecreaseInDepositOtherAssets`	$152.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$19.61M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.12M	USD	3 Qtrs
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$11.31M	USD	3 Qtrs
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$12.72M	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$7.97M	USD	3 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$21.48M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$153.19M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$152.60M	USD	3 Qtrs
Purchases of property and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.92M	USD	3 Qtrs
Purchases of property and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.80M	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$168.00K	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.62M	USD	3 Qtrs
Cash used in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$83.49M	USD	3 Qtrs
Cash used in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-91.12M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.31M	USD	3 Qtrs
Net borrowings from floor plan	`NetPaymentsBorrowingsFromFloorplan`	$-49.32M	USD	3 Qtrs
Net borrowings from floor plan	`NetPaymentsBorrowingsFromFloorplan`	$-27.45M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$49.31M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$30.00M	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$19.38M	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$7.24M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$701.00K	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.76M	USD	3 Qtrs
Payments of initial public offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Payments of initial public offering costs	`PaymentsOfStockIssuanceCosts`	$5.22M	USD	3 Qtrs
Payments of September offering costs	`PaymentsOfOfferingCosts`	-	USD	3 Qtrs
Payments of September offering costs	`PaymentsOfOfferingCosts`	$540.00K	USD	3 Qtrs
Payment of acquisition contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	3 Qtrs
Payment of acquisition contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.46M	USD	3 Qtrs
Distributions to redeemable preferred interest members	`DistributionsToRedeemablePreferredInterestMembers`	$90.50M	USD	3 Qtrs
Distributions to redeemable preferred interest members	`DistributionsToRedeemablePreferredInterestMembers`	-	USD	3 Qtrs
Proceeds from issuance of Class A common stock sold in initial public offering, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	$59.23M	USD	3 Qtrs
Proceeds from issuance of Class A common stock sold in initial public offering, net of underwriting discounts and commissions	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Payments of tax withholdings for equity-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Payments of tax withholdings for equity-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$449.00K	USD	3 Qtrs
Distributions to members	`PaymentsOfCapitalDistribution`	$11.62M	USD	3 Qtrs
Distributions to members	`PaymentsOfCapitalDistribution`	$3.16M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.54M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-70.71M	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$79.58M	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$52.53M	USD	3 Qtrs
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.49M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.15M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.07M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.69M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.49M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.15M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$91.07M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.69M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$8.70M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$4.92M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$13.99M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Acquisition purchase price funded by seller notes payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$2.06M	USD	3 Qtrs
Acquisition purchase price funded by seller notes payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	-	USD	3 Qtrs
Acquisition purchase price funded by contingent consideration	`NoncashOrPartNoncashAcquisitionPurchasePriceFundedByContingentConsideration`	$5.48M	USD	3 Qtrs
Acquisition purchase price funded by contingent consideration	`NoncashOrPartNoncashAcquisitionPurchasePriceFundedByContingentConsideration`	-	USD	3 Qtrs
Purchase of property and equipment funded by long-term debt	`CapitalExpendituresIncurredButNotYetPaid`	$1.69M	USD	3 Qtrs
Purchase of property and equipment funded by long-term debt	`CapitalExpendituresIncurredButNotYetPaid`	$1.05M	USD	3 Qtrs
Dividends and distributions payable	`PaymentsOfDividendsCommonStock`	-	USD	3 Qtrs
Dividends and distributions payable	`PaymentsOfDividendsCommonStock`	$27.79M	USD	3 Qtrs
Distributions to members payable	`DistributionsToMembersPayable`	$-610.00K	USD	3 Qtrs
Distributions to members payable	`DistributionsToMembersPayable`	-	USD	3 Qtrs

Stockholders Equity 82 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$86.02M	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$87.05M	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Distributions to members	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid`	-	USD	1 Quarter
Distributions to members	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid`	-	USD	1 Quarter
Distributions to members	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid`	$1.31M	USD	1 Quarter
Distributions to members	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid`	-	USD	Point-in-time
Distributions to members	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid`	-	USD	1 Quarter
Distributions to members	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid`	-	USD	1 Quarter
Accumulated unpaid preferred returns	`TemporaryEquityAccretionOfDividends`	$1.00M	USD	Point-in-time
Accumulated unpaid preferred returns	`TemporaryEquityAccretionOfDividends`	$2.18M	USD	1 Quarter
Accretion of redeemable preferred and issuance costs	`TemporaryEquityAccretionToRedemptionValue`	$74.00K	USD	Point-in-time
Accretion of redeemable preferred and issuance costs	`TemporaryEquityAccretionToRedemptionValue`	$162.00K	USD	1 Quarter
Effect of organizational transactions	`TemporaryEquityEliminationAsPartofReorganization`	$88.13M	USD	Point-in-time
Effect of organizational transactions	`TemporaryEquityEliminationAsPartofReorganization`	-	USD	1 Quarter
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$86.02M	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$87.05M	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Dividends and distribution declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.80	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$138.67M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$33.67M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$171.83M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$184.48M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.97M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.29M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$236.40M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$215.55M	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$30.59M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$2.96M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$22.00K	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$-1.07M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$42.53M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$40.62M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$11.78M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$51.56M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$93.92M	USD	3 Qtrs
Distributions to members	`NoncontrollingInterestDistributionToMembers`	$2.25M	USD	1 Quarter
Distributions to members	`NoncontrollingInterestDistributionToMembers`	$201.00K	USD	1 Quarter
Distributions to members	`NoncontrollingInterestDistributionToMembers`	$121.00K	USD	Point-in-time
Distributions to members	`NoncontrollingInterestDistributionToMembers`	$1.32M	USD	1 Quarter
Distributions to members	`NoncontrollingInterestDistributionToMembers`	$921.00K	USD	1 Quarter
Distributions to members	`NoncontrollingInterestDistributionToMembers`	$7.41M	USD	1 Quarter
Dividends and distributions declared ($1.80 per share and per unit, respectively)	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$27.79M	USD	1 Quarter
Accumulated unpaid preferred returns	`AccumulatedUnpaidPreferredReturns`	$1.00M	USD	Point-in-time
Accumulated unpaid preferred returns	`AccumulatedUnpaidPreferredReturns`	$2.18M	USD	1 Quarter
Accretion of redeemable preferred and issuance costs	`AccretionOfRedeemablePreferredAndIssuanceCosts`	$162.00K	USD	1 Quarter
Accretion of redeemable preferred and issuance costs	`AccretionOfRedeemablePreferredAndIssuanceCosts`	$74.00K	USD	Point-in-time
Effect of September offering, including underwriter exercise of option to purchase shares	`EffectOfOfferingIncludingUnderwriterExerciseOfOptionToPurchaseSharesValue`	$-110.00K	USD	1 Quarter
Exchange of B shares for A shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Exchange of B shares for A shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Exchange of B shares for A shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Establishment of liabilities under tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$228.00K	USD	1 Quarter
Establishment of liabilities under tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$6.00K	USD	1 Quarter
Establishment of liabilities under tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$1.80M	USD	1 Quarter
Shares issued upon vesting of equity-based awards, net of tax withholding	`ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligation`	$-449.00K	USD	1 Quarter
Effect of organizational transactions	`EffectOfOrganizationalTransactionsValue`	$-827.00K	USD	1 Quarter
Effect of organizational transactions	`EffectOfOrganizationalTransactionsValue`	$102.43M	USD	Point-in-time
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$780.00K	USD	1 Quarter
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$39.00K	USD	1 Quarter
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.08M	USD	1 Quarter
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$163.00K	USD	1 Quarter
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.15M	USD	1 Quarter
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$616.00K	USD	Point-in-time
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.13M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$138.67M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$33.67M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$171.83M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$184.48M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.97M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.29M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$236.40M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$215.55M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.