Company: ONEW
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001772921-25-000025
Chunk: 186

Company: OneWater Marine Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 2
Chunk 186
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52024Change($ in thousands)Net loss attributable to OneWater Marine Inc.$(368)$(3,969)$3,601 Transaction costs377 145 232 Intangible amortization2,148 2,078 70 Change in fair value of contingent consideration66 3,132 (3,066)Restructuring and impairment388 11,847 (11,459)Other expense (income), net190 2,493 (2,303)Net income attributable to non-controlling interests of One Water Marine Holdings, LLC (1)(54)(1,773)1,719 Adjustments to income tax benefit (2)(716)(4,122)3,406 Adjusted net income attributable to OneWater Marine Inc.$2,031 $9,831 $(7,800)Net loss per share of Class A common stock - diluted$(0.02)$(0.27)$0.25 Transaction costs0.02 0.01 0.01 Intangible amortization0.13 0.14 (0.01)Change in fair value of contingent consideration— 0.22 (0.22)Restructuring and impairment0.02 0.81 (0.79)Other expense (income), net0.01 0.17 (0.16)Net income attributable to non-controlling interests of One Water Marine Holdings, LLC (1)— (0.12)0.12 Adjustments to income tax benefit (2)(0.04)(0.28)0.24 Adjustment for dilutive shares (3)0.01 (0.01)0.02 Adjusted earnings per share of Class A common stock - diluted$0.13 $0.67 $(0.54)(1) Represents an allocation of the impact of reconciling items to our non-controlling interest.(2) Represents an adjustment of all reconciling items at an estimated effective tax rate.(3) Represents an adjustment for shares that are anti-dilutive for GAAP earnings per share but are dilutive for adjusted earnings per share.

Adjusted Net Income Attributable to OneWater Marine Inc. and Adjusted Diluted Earnings Per Share were $2.0 million and $0.13, respectively, for the three months ended March 31, 2025 compared to Adjusted Net Income Attributable to OneWater Marine Inc. and Adjusted Diluted