Company: ONEW
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001772921-25-000040
Chunk: 149

Company: OneWater Marine Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 149
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 Intangible amortization6,437 5,743 694 Change in fair value of contingent consideration452 3,918 (3,466)Restructuring and impairment3,013 11,847 (8,834)Other expense (income), net853 889 (36)Net income attributable to non-controlling interests of One Water Marine Holdings, LLC (1)(568)(2,103)1,535 Adjustments to income tax expense (2)(2,599)(4,890)2,291 Adjusted net income attributable to OneWater Marine Inc.$7,075 $19,914 $(12,839)Net (loss) income per share of Class A common stock - diluted$(0.10)$0.24 $(0.34)Transaction costs0.07 0.07 — Intangible amortization0.41 0.39 0.02 Change in fair value of contingent consideration0.03 0.26 (0.23)Restructuring and impairment0.19 0.80 (0.61)Other expense (income), net0.05 0.06 (0.01)Net income attributable to non-controlling interests of One Water Marine Holdings, LLC (1)(0.04)(0.14)0.10 Adjustments to income tax expense (2)(0.17)(0.33)0.16 Adjustment for dilutive shares (3)0.01 — 0.01 Adjusted earnings per share of Class A common stock - diluted$0.45 $1.35 $(0.90)(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 $7.1 million and $0.45, respectively, for the nine months ended June 30, 2025 compared to Adjusted Net Income Attributable to OneWater Marine Inc. and Adjusted Diluted Earnings Per Share of $19.9 million and $1.35, respectively, for the nine months ended June 30, 2024. The decrease in