| Summary of Segment Information |
The following tables summarize segment information for the years ended September 30, 2022 and 2021 (in $000’s):
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Year Ended |
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Year Ended |
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September 30, 2022 |
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September 30, 2021 |
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% of |
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% of Total |
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Net
Revenue |
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Total
Revenue |
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Net
Revenue |
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Total
Revenue |
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Retail |
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$ |
86,156 |
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30.0 |
% |
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$ |
88,845 |
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32.5 |
% |
Flooring manufacturing |
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130,850 |
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45.6 |
% |
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130,223 |
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47.7 |
% |
Steel manufacturing |
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60,617 |
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21.1 |
% |
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49,302 |
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18.1 |
% |
Corporate and other |
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9,290 |
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3.2 |
% |
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4,611 |
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1.7 |
% |
Total Revenue |
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$ |
286,913 |
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100.0 |
% |
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$ |
272,981 |
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|
100.0 |
% |
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Year Ended September 30, |
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2022 |
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2021 |
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Revenues |
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Retail |
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$ |
86,156 |
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$ |
88,845 |
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Flooring Manufacturing |
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130,850 |
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130,223 |
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Steel Manufacturing |
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60,617 |
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|
49,302 |
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Corporate & Other |
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|
9,290 |
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|
4,611 |
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$ |
286,913 |
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$ |
272,981 |
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Gross profit |
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Retail |
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$ |
45,583 |
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$ |
48,059 |
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Flooring Manufacturing |
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31,908 |
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37,893 |
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Steel Manufacturing |
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16,878 |
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11,954 |
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Corporate & Other |
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3,458 |
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1,557 |
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$ |
97,827 |
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$ |
99,463 |
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Operating income (loss) |
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Retail |
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$ |
12,628 |
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$ |
16,340 |
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Flooring Manufacturing |
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14,154 |
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20,203 |
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Steel Manufacturing |
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8,866 |
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5,869 |
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Corporate & Other |
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(9,721 |
) |
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(6,622 |
) |
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$ |
25,927 |
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$ |
35,790 |
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Depreciation and amortization |
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Retail |
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$ |
1,247 |
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$ |
1,499 |
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Flooring Manufacturing |
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3,331 |
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3,721 |
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Steel Manufacturing |
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1,983 |
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1,440 |
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Corporate & Other |
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|
607 |
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|
131 |
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$ |
7,168 |
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$ |
6,791 |
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Interest expense, net |
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Retail |
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$ |
440 |
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$ |
1,578 |
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Flooring Manufacturing |
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1,883 |
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|
2,049 |
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Steel Manufacturing |
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1,312 |
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|
1,046 |
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Corporate & Other |
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|
574 |
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|
532 |
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$ |
4,209 |
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$ |
5,205 |
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Income before provision for income taxes |
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Retail |
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$ |
23,197 |
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$ |
15,789 |
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Flooring Manufacturing |
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11,828 |
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22,742 |
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Steel Manufacturing |
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|
5,201 |
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5,239 |
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Corporate & Other |
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(8,610 |
) |
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(4,091 |
) |
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$ |
31,616 |
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$ |
39,679 |
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Year Ended September 30, |
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Total Assets |
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2022 |
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2021 |
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Retail |
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$ |
72,166 |
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$ |
59,760 |
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Flooring manufacturing |
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130,440 |
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|
94,853 |
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Steel manufacturing |
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72,269 |
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|
33,635 |
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Corporate and other |
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|
3,762 |
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|
23,490 |
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Consolidated totals |
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$ |
278,637 |
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$ |
211,738 |
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