| Schedule of Segment Information |
The following tables summarize segment information for the years ended September 30, 2023 and 2022 (in $000’s):
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Year Ended
September 30, 2023 |
|
Year Ended
September 30, 2022 |
|
Net
Revenue |
|
% of
Total
Revenue |
|
Net
Revenue |
|
% of Total
Total
Revenue
|
Retail-Entertainment |
$ |
78,124 |
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|
22.0 |
% |
|
$ |
86,156 |
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|
30.0 |
% |
Retail-Flooring |
75,872 |
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|
21.4 |
% |
|
— |
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— |
% |
| Flooring manufacturing |
109,770 |
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|
30.9 |
% |
|
130,850 |
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|
45.6 |
% |
| Steel manufacturing |
88,912 |
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25.0 |
% |
|
60,617 |
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21.1 |
% |
| Corporate and other |
2,493 |
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0.7 |
% |
|
$ |
9,290 |
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|
3.2 |
% |
| Total Revenue |
$ |
355,171 |
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|
100.0 |
% |
|
$ |
286,913 |
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|
100.0 |
% |
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Year Ended September 30, |
|
2023 |
|
2022 |
| Revenues |
|
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Retail - Entertainment |
$ |
78,124 |
|
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$ |
86,156 |
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Retail - Flooring |
75,872 |
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— |
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| Flooring Manufacturing |
109,770 |
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|
130,850 |
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| Steel Manufacturing |
88,912 |
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|
60,617 |
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| Corporate & Other |
2,493 |
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|
9,290 |
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Total revenues |
$ |
355,171 |
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$ |
286,913 |
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| Gross profit |
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| Retail - Entertainment |
$ |
42,751 |
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$ |
45,583 |
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| Retail - Flooring |
27,769 |
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— |
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| Flooring Manufacturing |
23,891 |
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|
31,908 |
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| Steel Manufacturing |
20,023 |
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16,878 |
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| Corporate & Other |
1,132 |
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|
3,458 |
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Total gross profit |
$ |
115,566 |
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$ |
97,827 |
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Operating income |
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| Retail - Entertainment |
$ |
9,265 |
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$ |
12,628 |
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| Retail - Flooring |
(292) |
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— |
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| Flooring Manufacturing |
6,061 |
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14,154 |
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| Steel Manufacturing |
7,978 |
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|
8,866 |
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| Corporate & Other |
(7,563) |
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(9,721) |
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Total operating income |
$ |
15,449 |
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$ |
25,927 |
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| Depreciation and amortization |
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| Retail - Entertainment |
$ |
1,275 |
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$ |
1,247 |
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| Retail - Flooring |
3,386 |
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— |
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| Flooring Manufacturing |
4,318 |
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3,331 |
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| Steel Manufacturing |
4,958 |
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1,983 |
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| Corporate & Other |
320 |
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|
607 |
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Total depreciation and amortization |
$ |
14,257 |
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$ |
7,168 |
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| Interest expense, net |
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| Retail - Entertainment |
$ |
568 |
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$ |
440 |
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| Retail - Flooring |
3,412 |
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— |
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| Flooring Manufacturing |
4,040 |
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|
1,883 |
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| Steel Manufacturing |
4,040 |
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|
1,312 |
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| Corporate & Other |
681 |
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|
574 |
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Total interest expense, net |
$ |
12,741 |
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$ |
4,209 |
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| Income before provision for income taxes |
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| Retail - Entertainment |
$ |
8,738 |
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$ |
23,197 |
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| Retail - Flooring |
(4,231) |
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— |
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| Flooring Manufacturing |
1,561 |
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|
11,828 |
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| Steel Manufacturing |
985 |
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|
5,201 |
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| Corporate & Other |
(5,584) |
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(8,610) |
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Total income before provision for income taxes |
$ |
1,469 |
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$ |
31,616 |
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Year Ended September 30, |
| Total Assets |
2023 |
|
2022 |
| Retail-Entertainment |
$ |
74,086 |
|
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$ |
72,166 |
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| Retail-Flooring |
103,108 |
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— |
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| Flooring manufacturing |
85,879 |
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|
130,440 |
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| Steel manufacturing |
135,853 |
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|
72,269 |
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| Corporate and other |
22,889 |
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|
3,762 |
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| Consolidated totals |
$ |
421,815 |
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$ |
278,637 |
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