10-Q Filing

ONEWATER MARINE INC. CIK: 1772921 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001140361-22-004215`
Period End Date	20211231
Filing Date	20220208
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	brhc10033220_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 34 Cash Flow Statement 86 Stockholders Equity 23

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$67.91M	USD	Point-in-time
Cash	`Cash`	$62.61M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$11.34M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$6.86M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$28.53M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$37.64M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$248.21M	USD	Point-in-time
Inventories	`InventoryNet`	$143.88M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$34.32M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$34.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$280.94M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$394.94M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$74.64M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$67.11M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$118.05M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$89.14M	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$526.00K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$539.00K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$32.96M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$29.11M	USD	Point-in-time
Identifiable intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$121.24M	USD	Point-in-time
Identifiable intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$85.29M	USD	Point-in-time
Goodwill	`Goodwill`	$168.49M	USD	Point-in-time
Goodwill	`Goodwill`	$419.68M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$574.41M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$283.42M	USD	Point-in-time
Total assets	`Assets`	$720.61M	USD	Point-in-time
Total assets	`Assets`	$1.16B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$33.26M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$18.11M	USD	Point-in-time
Other payables and accrued expenses	`OtherAccountsPayableAndAccruedLiabilities`	$30.10M	USD	Point-in-time
Other payables and accrued expenses	`OtherAccountsPayableAndAccruedLiabilities`	$27.66M	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$56.99M	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$46.61M	USD	Point-in-time
Notes payable - floor plan	`NotePayableFloorPlan`	$195.64M	USD	Point-in-time
Notes payable - floor plan	`NotePayableFloorPlan`	$114.23M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$9.16M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$11.17M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.42M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$11.37M	USD	Point-in-time
Current portion of tax receivable agreement liability	`CurrentPortionOfTaxReceivableAgreementLiability`	$915.00K	USD	Point-in-time
Current portion of tax receivable agreement liability	`CurrentPortionOfTaxReceivableAgreementLiability`	$482.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$347.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$227.63M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.99M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$29.62M	USD	Point-in-time
Tax receivable agreement liability	`TaxReceivableAgreementLiabilityNoncurrent`	$45.29M	USD	Point-in-time
Tax receivable agreement liability	`TaxReceivableAgreementLiabilityNoncurrent`	$39.62M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$80.46M	USD	Point-in-time
Noncurrent operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$107.45M	USD	Point-in-time
Long-term debt, net of current portion and unamortized debt issuance costs	`LongTermDebtNoncurrent`	$103.07M	USD	Point-in-time
Long-term debt, net of current portion and unamortized debt issuance costs	`LongTermDebtNoncurrent`	$327.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$856.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$465.78M	USD	Point-in-time
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued and outstanding as of December 31, 2021 and September 30, 2021	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued and outstanding as of December 31, 2021 and September 30, 2021	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$150.82M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$166.41M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$94.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$74.95M	USD	Point-in-time
Total stockholders' equity attributable to OneWater Marine Inc.	`StockholdersEquity`	$261.09M	USD	Point-in-time
Total stockholders' equity attributable to OneWater Marine Inc.	`StockholdersEquity`	$225.93M	USD	Point-in-time
Equity attributable to non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$28.91M	USD	Point-in-time
Equity attributable to non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$44.10M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$254.83M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$185.56M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$305.19M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.16B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$720.61M	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$214.08M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$336.27M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$161.65M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$235.31M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$34.86M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$59.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$963.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.75M	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$200.00K	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$3.04M	USD	1 Quarter
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$377.00K	USD	1 Quarter
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$5.75M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$31.33M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$16.04M	USD	1 Quarter
Interest expense - floor plan	`FloorplanInterestExpense`	$877.00K	USD	1 Quarter
Interest expense - floor plan	`FloorplanInterestExpense`	$920.00K	USD	1 Quarter
Interest expense - other	`InterestExpenseDebt`	$1.53M	USD	1 Quarter
Interest expense - other	`InterestExpenseDebt`	$924.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-548.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$94.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-2.95M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.75M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$28.38M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.29M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.89M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.51M	USD	1 Quarter
Net income	`ProfitLoss`	$23.49M	USD	1 Quarter
Net income	`ProfitLoss`	$11.78M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income loss attributable to noncontrolling interest of OneWater Marine Holdings LLC	`NetIncomeLossAttributableToNoncontrollingInterestOfOneWaterMarineHoldingsLLC`	$3.47M	USD	1 Quarter
Less: Net income loss attributable to noncontrolling interest of OneWater Marine Holdings LLC	`NetIncomeLossAttributableToNoncontrollingInterestOfOneWaterMarineHoldingsLLC`	$3.99M	USD	1 Quarter
Net income attributable to OneWater Marine Inc	`NetIncomeLoss`	$20.02M	USD	1 Quarter
Net income attributable to OneWater Marine Inc	`NetIncomeLoss`	$7.79M	USD	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$23.49M	USD	1 Quarter
Net income	`ProfitLoss`	$11.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$963.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.75M	USD	1 Quarter
Equity-based awards	`ShareBasedCompensation`	$2.10M	USD	1 Quarter
Equity-based awards	`ShareBasedCompensation`	$1.08M	USD	1 Quarter
Gain on asset disposals	`GainLossOnDispositionOfAssets1`	$102.00K	USD	1 Quarter
Gain on asset disposals	`GainLossOnDispositionOfAssets1`	$37.00K	USD	1 Quarter
Non-cash interest expense, net	`PaidInKindInterest`	$191.00K	USD	1 Quarter
Non-cash interest expense, net	`PaidInKindInterest`	$200.00K	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$1.66M	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$-94.00K	USD	1 Quarter
Loss on change in fair value of contingent consideration	`LossOnChangeInFairValueOfContingentConsideration`	$-5.75M	USD	1 Quarter
Loss on change in fair value of contingent consideration	`LossOnChangeInFairValueOfContingentConsideration`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.09M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-240.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$71.66M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$40.58M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.14M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.05M	USD	1 Quarter
Deposits	`IncreaseDecreaseInDepositOtherAssets`	$42.00K	USD	1 Quarter
Deposits	`IncreaseDecreaseInDepositOtherAssets`	$14.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.80M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.91M	USD	1 Quarter
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-6.41M	USD	1 Quarter
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-9.92M	USD	1 Quarter
Tax receivable agreement liability	`IncreaseDecreaseInTaxReceivableAgreementLiability`	-	USD	1 Quarter
Tax receivable agreement liability	`IncreaseDecreaseInTaxReceivableAgreementLiability`	$313.00K	USD	1 Quarter
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$4.77M	USD	1 Quarter
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$3.76M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.61M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.82M	USD	1 Quarter
Purchases of property and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.43M	USD	1 Quarter
Purchases of property and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.42M	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$91.00K	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.00K	USD	1 Quarter
Cash used in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$278.80M	USD	1 Quarter
Cash used in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$77.63M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-79.96M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-282.22M	USD	1 Quarter
Net borrowings from floor plan	`NetPaymentsBorrowingsFromFloorplan`	$42.27M	USD	1 Quarter
Net borrowings from floor plan	`NetPaymentsBorrowingsFromFloorplan`	$81.40M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$240.00M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$30.00M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$5.51M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$211.00K	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$252.00K	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.98M	USD	1 Quarter
Payments of September 2020 offering costs	`PaymentsOfOfferingCosts`	$540.00K	USD	1 Quarter
Payments of September 2020 offering costs	`PaymentsOfOfferingCosts`	-	USD	1 Quarter
Payments of tax withholdings for equity-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Payments of tax withholdings for equity-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$468.00K	USD	1 Quarter
Distributions to members	`PaymentsOfCapitalDistribution`	$5.58M	USD	1 Quarter
Distributions to members	`PaymentsOfCapitalDistribution`	$905.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$305.87M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$70.36M	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$820.00K	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-38.22M	USD	1 Quarter
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.94M	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`	$74.77M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.95M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.94M	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`	$74.77M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.95M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.65M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$2.21M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$6.61M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$702.00K	USD	1 Quarter
Acquisition purchase price funded by seller notes payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$2.06M	USD	1 Quarter
Acquisition purchase price funded by seller notes payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$1.13M	USD	1 Quarter
Acquisition purchase price funded by contingent consideration	`NoncashOrPartNoncashAcquisitionPurchasePriceFundedByContingentConsideration`	$4.77M	USD	1 Quarter
Acquisition purchase price funded by contingent consideration	`NoncashOrPartNoncashAcquisitionPurchasePriceFundedByContingentConsideration`	$9.97M	USD	1 Quarter
Accrued purchase consideration	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$3.72M	USD	1 Quarter
Accrued purchase consideration	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$5.35M	USD	1 Quarter
Acquisition purchase price funded by issuance of Class A common stock	`NoncashOrPartNoncashAcquisitionPurchasePriceFundedByIssuanceOfCommonStock`	-	USD	1 Quarter
Acquisition purchase price funded by issuance of Class A common stock	`NoncashOrPartNoncashAcquisitionPurchasePriceFundedByIssuanceOfCommonStock`	$6.83M	USD	1 Quarter
Purchase of property and equipment funded by long-term debt	`CapitalExpendituresIncurredButNotYetPaid`	$833.00K	USD	1 Quarter
Purchase of property and equipment funded by long-term debt	`CapitalExpendituresIncurredButNotYetPaid`	$231.00K	USD	1 Quarter
Initial operating lease right-of-use assets for adoption of Topic 842	`InitialOperatingLeaseRightOfUseAssetsForAdoptionOfTopic842`	$71.83M	USD	1 Quarter
Initial operating lease right-of-use assets for adoption of Topic 842	`InitialOperatingLeaseRightOfUseAssetsForAdoptionOfTopic842`	-	USD	1 Quarter
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$31.53M	USD	1 Quarter
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.09M	USD	1 Quarter
Distributions, declared not yet paid	`DistributionsDeclaredNotYetPaid`	$414.00K	USD	1 Quarter
Distributions, declared not yet paid	`DistributionsDeclaredNotYetPaid`	-	USD	1 Quarter

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$254.83M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.29M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$185.56M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$305.19M	USD	Point-in-time
Net income	`ProfitLoss`	$23.49M	USD	1 Quarter
Net income	`ProfitLoss`	$11.78M	USD	1 Quarter
Distributions to members	`NoncontrollingInterestDistributionToMembers`	$1.32M	USD	1 Quarter
Distributions to members	`NoncontrollingInterestDistributionToMembers`	$619.00K	USD	1 Quarter
Non-controlling interest in subsidiary	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$19.31M	USD	1 Quarter
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
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`	$283.00K	USD	1 Quarter
Shares issued upon vesting of equity-based awards, net of tax withholding	`ShareBasedPaymentArrangementSharesWithheldForTaxWithholdingObligation`	$-468.00K	USD	1 Quarter
Shares issued in connection with a business combination	`StockIssuedDuringPeriodValueAcquisitions`	$6.83M	USD	1 Quarter
Adjustment to adopt Topic 842	`AdjustmentToRetainedEarningsDueToAdoptionOfAccountingPrinciple`	$1.07M	USD	1 Quarter
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.08M	USD	1 Quarter
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.10M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$254.83M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.29M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$185.56M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$305.19M	USD	Point-in-time

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