| Segment Reporting |
Segment Reporting The Company operates in five operating segments which are characterized as: (1) Retail-Entertainment, (2) Retail-Flooring, (3) Flooring Manufacturing, (4) Steel Manufacturing, and (5) Corporate and Other. The Retail-Entertainment segment consists of Vintage Stock; the Retail-Flooring segment consists of Flooring Liquidators; the Flooring Manufacturing segment consists of Marquis; and the Steel Manufacturing segment consists of Precision Marshall and Kinetic.
The following tables summarize segment information (in $000's):
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For the Three Months Ended June 30, |
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For the Nine Months Ended June 30, |
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2025 |
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2024 |
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2025 |
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2024 |
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| Revenues |
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| Retail-Entertainment |
$ |
19,017 |
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$ |
16,503 |
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$ |
58,758 |
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$ |
53,930 |
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| Retail-Flooring |
30,373 |
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36,981 |
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89,519 |
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103,332 |
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| Flooring Manufacturing |
29,487 |
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31,264 |
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85,302 |
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94,689 |
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| Steel Manufacturing |
33,645 |
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39,047 |
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97,402 |
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107,889 |
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| Corporate & Other |
8 |
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83 |
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70 |
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257 |
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| Total revenues |
$ |
112,530 |
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$ |
123,878 |
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$ |
331,051 |
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$ |
360,097 |
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| Gross profit |
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| Retail-Entertainment |
$ |
10,926 |
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$ |
9,552 |
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$ |
33,877 |
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$ |
30,916 |
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| Retail-Flooring |
10,768 |
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13,525 |
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31,986 |
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38,259 |
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| Flooring Manufacturing |
8,816 |
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7,731 |
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22,532 |
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22,913 |
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| Steel Manufacturing |
7,772 |
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6,161 |
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20,342 |
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16,513 |
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| Corporate & Other |
5 |
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76 |
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60 |
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238 |
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| Total gross profit |
$ |
38,287 |
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$ |
37,045 |
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$ |
108,797 |
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$ |
108,839 |
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| Operating income (loss) |
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| Retail-Entertainment |
$ |
2,318 |
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$ |
1,332 |
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$ |
8,223 |
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$ |
6,305 |
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| Retail-Flooring |
(733) |
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(1,498) |
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(5,648) |
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(4,433) |
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| Flooring Manufacturing |
4,135 |
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1,856 |
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5,536 |
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4,779 |
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| Steel Manufacturing |
2,277 |
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1,370 |
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5,639 |
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3,225 |
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| Corporate & Other |
6 |
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(1,929) |
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(2,893) |
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(6,042) |
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| Total operating income |
$ |
8,003 |
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$ |
1,131 |
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$ |
10,857 |
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$ |
3,834 |
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| Depreciation and amortization |
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| Retail-Entertainment |
$ |
250 |
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$ |
208 |
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$ |
755 |
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$ |
700 |
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| Retail-Flooring |
1,316 |
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1,304 |
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3,951 |
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3,931 |
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| Flooring Manufacturing |
943 |
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1,036 |
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2,814 |
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3,148 |
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| Steel Manufacturing |
2,033 |
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1,796 |
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5,827 |
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5,040 |
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| Corporate & Other |
4 |
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5 |
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15 |
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13 |
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| Total depreciation and amortization |
$ |
4,546 |
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$ |
4,349 |
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$ |
13,362 |
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$ |
12,832 |
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| Interest expense |
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| Retail-Entertainment |
$ |
— |
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$ |
41 |
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$ |
39 |
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$ |
278 |
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| Retail-Flooring |
901 |
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1,277 |
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3,354 |
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3,751 |
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| Flooring Manufacturing |
1,092 |
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1,126 |
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3,336 |
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3,126 |
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| Steel Manufacturing |
1,429 |
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1,577 |
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4,200 |
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4,756 |
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| Corporate & Other |
432 |
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212 |
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1,020 |
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652 |
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| Total interest expense |
$ |
3,854 |
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$ |
4,233 |
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$ |
11,949 |
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$ |
12,563 |
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| Net income (loss) before provision for income taxes |
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| Retail-Entertainment |
$ |
2,323 |
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$ |
1,327 |
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$ |
8,700 |
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$ |
6,282 |
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| Retail-Flooring |
(209) |
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(3,223) |
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14,843 |
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(9,338) |
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| Flooring Manufacturing |
2,926 |
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635 |
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1,833 |
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1,297 |
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| Steel Manufacturing |
2,056 |
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(1,105) |
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5,186 |
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(3,180) |
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| Corporate & Other |
359 |
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(1,457) |
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(1,431) |
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(4,288) |
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| Total net income (loss) before provision for income taxes |
$ |
7,455 |
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$ |
(3,823) |
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$ |
29,131 |
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$ |
(9,227) |
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