Quarterly report pursuant to Section 13 or 15(d)

Acquisitions - Summary of Summary of Proforma Information for the Company (Details)

v3.23.1
Acquisitions - Summary of Summary of Proforma Information for the Company (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Business Combination Segment Allocation [Line Items]        
Net revenue $ 59,514 $ 44,753 $ 106,556 $ 92,295
Net income $ 1,558 $ 15,358 $ 3,402 $ 21,904
Basic earnings per share $ 0.50 $ 4.90 $ 1.10 $ 6.96
Diluted earnings per share $ 0.49 $ 4.84 $ 1.08 $ 6.87
Live Unaudited        
Business Combination Segment Allocation [Line Items]        
Net revenue $ 91,122 $ 69,706 $ 160,108 $ 144,864
Net income $ 1,558 $ 15,358 $ 3,402 $ 21,904
Basic earnings per share $ 0.50 $ 4.90 $ 1.10 $ 6.96
Diluted earnings per share $ 0.49 $ 4.84 $ 1.08 $ 6.87
Adjustments        
Business Combination Segment Allocation [Line Items]        
Net income [1] $ (300) $ (1,946) $ (2,226) $ (3,818)
Pro Forma        
Business Combination Segment Allocation [Line Items]        
Net revenue 95,344 98,911 197,810 204,714
Net income $ (930) $ 15,298 $ (143) $ 23,307
Basic earnings per share $ (0.30) $ 4.88 $ (0.05) $ 7.40
Diluted earnings per share $ (0.29) $ 4.82 $ (0.05) $ 7.31
Flooring Liquidators        
Business Combination Segment Allocation [Line Items]        
Net revenue $ 4,222 $ 29,205 $ 37,702 $ 59,850
Net income $ (2,188) $ 1,886 $ (1,033) $ 5,221
[1]

(1) Adjustments are related to adjustments made for the following:

•
Amortization expense of definite-lived intangible assets has been adjusted based on the preliminary fair value at the acquisition date.
•
Interest expense has been adjusted to include proforma interest expense that would have been incurred as a result of the acquisition financing obtained by the Company.
•
Elimination of revenues and costs of revenues associated with sales between Flooring Liquidators and the Company prior to acquisition.