Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting

v3.24.0.1
Segment Reporting
3 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
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):
For the Three Months Ended December 31,
2023 2022
Revenues
Retail-Entertainment $ 20,586  $ 23,273 
Retail-Flooring 34,319  — 
Flooring Manufacturing 29,245  26,432 
Steel Manufacturing 33,354  17,981 
Corporate & Other 89  1,300 
Total revenues $ 117,593  $ 68,986 
Gross profit
Retail-Entertainment $ 11,528  $ 12,210 
Retail-Flooring 13,032  — 
Flooring Manufacturing 6,422  4,661 
Steel Manufacturing 5,262  4,392 
Corporate & Other 83  681 
Total gross profit $ 36,327  $ 21,944 
Operating income (loss)
Retail-Entertainment $ 3,143  $ 3,664 
Retail-Flooring 90  — 
Flooring Manufacturing 945  751 
Steel Manufacturing 982  1,455 
Corporate & Other (1,619) (1,303)
Total operating income $ 3,541  $ 4,567 
 
Depreciation and amortization
Retail-Entertainment $ 266  $ 311 
Retail-Flooring 1,352  — 
Flooring Manufacturing 1,056  1,111 
Steel Manufacturing 1,617  1,093 
Corporate & Other 136 
Total depreciation and amortization $ 4,295  $ 2,651 
Interest expense
Retail-Entertainment $ 164  $ 154 
Retail-Flooring 1,200  — 
Flooring Manufacturing 984  987 
Steel Manufacturing 1,622  787 
Corporate & Other 193  119 
Total interest expense $ 4,163  $ 2,047 
Net (loss) income before provision for income taxes
Retail-Entertainment $ 3,055  $ 3,538 
Retail-Flooring (1,628) — 
Flooring Manufacturing (163) (313)
Steel Manufacturing (1,018) 268 
Corporate & Other (1,152) (1,034)
Total (loss) net income before provision for income taxes $ (906) $ 2,459