Company: ONEW
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001772921-25-000025
Chunk: 36

Company: OneWater Marine Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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 Reclassified from Accumulated Other Comprehensive Income (Loss) to Earnings2025$5,651 Interest expense – other and Interest expense – floor plan$2,138 2024$— Interest expense – other and Interest expense – floor plan$— 

18

The following table sets forth the location and amount of gain or (loss) recognized in earnings on cash flow hedging relationships for the three and six months ended March 31, 2025 and 2024 ($ in thousands):Three Months Ended March 31, 2025Three Months Ended March 31, 2024Interest expense – otherInterest expense – floor planInterest expense – otherInterest expense – floor planAmount of gain (loss) reclassified from accumulated other comprehensive income (loss) to earnings$419 $435 $— $— Six Months Ended March 31, 2025Six Months Ended March 31, 2024Interest expense – otherInterest expense – floor planInterest expense – otherInterest expense – floor planAmount of gain (loss) reclassified from accumulated other comprehensive income (loss) to earnings$987 $1,151 $— $— As of March 31, 2025, the amount expected to be reclassified out of accumulated other comprehensive income (loss) into earnings during the next 12 months is a gain of $1.8 million. The ultimate amount recognized will vary based on fluctuations of interest rates through the maturity dates.

10.    Stockholders’ Equity

Equity-Based CompensationWe maintain the OneWater Marine Inc. Omnibus Incentive Plan (the “LTIP”) to incentivize individuals providing services to OneWater Inc and its subsidiaries and affiliates. The LTIP provides for the grant, from time to time, at the discretion of the board of directors of OneWater Marine Inc. (the “Board”) or a committee thereof, of (1) stock options, (2) stock appreciation rights, (3) restricted stock, (4) restricted stock units, (5) stock awards, (6) dividend equivalents, (7) other stock-based awards, (8) cash awards, (9) substitute awards and (10) performance awards. The total number of shares reserved for issuance under the LTIP that may be issued pursuant to incentive stock options (which generally are stock options that meet the requirements of Section 422 of the Code) is 1,631,312. The LTIP is and will continue to be administered by