Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Tables)

v3.23.4
Segment Reporting (Tables)
12 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Information
The following tables summarize segment information for the years ended September 30, 2023 and 2022 (in $000’s):
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  22.0  % $ 86,156  30.0  %
Retail-Flooring
75,872  21.4  % —  —  %
Flooring manufacturing 109,770  30.9  % 130,850  45.6  %
Steel manufacturing 88,912  25.0  % 60,617  21.1  %
Corporate and other 2,493  0.7  % $ 9,290  3.2  %
Total Revenue $ 355,171  100.0  % $ 286,913  100.0  %
Year Ended September 30,
2023 2022
Revenues
Retail - Entertainment
$ 78,124  $ 86,156 
Retail - Flooring
75,872  — 
Flooring Manufacturing 109,770  130,850 
Steel Manufacturing 88,912  60,617 
Corporate & Other 2,493  9,290 
Total revenues
$ 355,171  $ 286,913 
Gross profit
Retail - Entertainment $ 42,751  $ 45,583 
Retail - Flooring 27,769  — 
Flooring Manufacturing 23,891  31,908 
Steel Manufacturing 20,023  16,878 
Corporate & Other 1,132  3,458 
Total gross profit
$ 115,566  $ 97,827 
Operating income
Retail - Entertainment $ 9,265  $ 12,628 
Retail - Flooring (292) — 
Flooring Manufacturing 6,061  14,154 
Steel Manufacturing 7,978  8,866 
Corporate & Other (7,563) (9,721)
Total operating income
$ 15,449  $ 25,927 
Depreciation and amortization
Retail - Entertainment $ 1,275  $ 1,247 
Retail - Flooring 3,386  — 
Flooring Manufacturing 4,318  3,331 
Steel Manufacturing 4,958  1,983 
Corporate & Other 320  607 
Total depreciation and amortization
$ 14,257  $ 7,168 
Interest expense, net
Retail - Entertainment $ 568  $ 440 
Retail - Flooring 3,412  — 
Flooring Manufacturing 4,040  1,883 
Steel Manufacturing 4,040  1,312 
Corporate & Other 681  574 
Total interest expense, net
$ 12,741  $ 4,209 
Income before provision for income taxes
Retail - Entertainment $ 8,738  $ 23,197 
Retail - Flooring (4,231) — 
Flooring Manufacturing 1,561  11,828 
Steel Manufacturing 985  5,201 
Corporate & Other (5,584) (8,610)
Total income before provision for income taxes
$ 1,469  $ 31,616 
Year Ended September 30,
Total Assets 2023 2022
Retail-Entertainment $ 74,086  $ 72,166 
Retail-Flooring 103,108  — 
Flooring manufacturing 85,879  130,440 
Steel manufacturing 135,853  72,269 
Corporate and other 22,889  3,762 
Consolidated totals $ 421,815  $ 278,637