Company: ONEW
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001772921-25-000025
Chunk: 30

Company: OneWater Marine Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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 in thousands)March 31, 2025September 30, 2024Contracts in transit$39,866 $20,437 Trade accounts receivable28,005 32,578 Manufacturer receivable14,685 11,435 Income tax receivable9,573 9,370 Total accounts receivable92,129 73,820 Less – allowance for credit losses(490)(551)Total accounts receivable, net$91,639 $73,269 

5.    Inventories

Inventories consisted of the following:($ in thousands)March 31, 2025September 30, 2024New vessels$453,403 $442,834 Pre-owned vessels80,294 79,234 Work in process, parts and accessories68,667 68,770 Total inventories$602,364 $590,838 

15

6.    Goodwill and Intangible Assets

Our acquisitions have resulted in the recording of goodwill and other identifiable intangible assets. Goodwill is an asset representing operational synergies and future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets consist of internally developed software, domain names and other identifiable intangible assets, such as trade names, developed technologies, and customer relationships related to the acquisitions the Company has completed. The changes in goodwill and intangible assets are as follows: GoodwillTrade NamesDeveloped TechnologiesCustomer RelationshipsDomain NamesInternally DevelopedSoftwareTotal Intangible Assets, net ($ in thousands)UnamortizedUnamortizedAmortizedAmortizedAmortizedAmortizedNet balance as of September 30, 2024$336,602 $149,921 $3,964 $46,403 $1,750 $3,353 $205,391 Acquisitions and additions during the six months ended March 31, 2025— — — — — 757 757 Other adjustments during the six months ended March 31, 2025— — — — (28)— (28)Accumulated amortization for the six months ended March 31, 2025— — (269)(3,049)(317)(634)(4,269)Net balance as of March 31, 2025$336,602 $149,921 $3,695