Segment Information

12 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Segment Information

Segment Information

We report our operations through two reportable segments: (1) Dealerships and (2) Distribution. See Note 2 for more information about our segments.

Reportable segment financial information for the years ended September 30, 2024, 2023 and 2022 is as follows:

	As of and for the Year Ended September 30, 2024
($ in thousands)	Dealerships		Distribution		Eliminations		Total
Revenue	$	1,616,867	$	156,060	$	(297)	$	1,772,630
Income (loss) from operations	67,613		(2,750)		(45)		64,818
Depreciation and amortization	12,638		9,549		—		22,187
Transaction costs	1,334		196		—		1,530
Change in fair value of contingent consideration	4,248		—		—		4,248
Restructuring and impairment	13,049		2,269		—		15,318
Total assets	1,357,650		232,351		(12)		1,589,989

	As of and for the Year Ended September 30, 2023
($ in thousands)	Dealerships		Distribution		Eliminations		Total
Revenue	$	1,755,423	$	181,083	$	(196)	$	1,936,310
Income (loss) from operations	163,229		(145,154)		(8)		18,067
Depreciation and amortization	10,731		16,058		—		26,789
Transaction costs	1,587		252		—		1,839
Change in fair value of contingent consideration	(1,893)		289		—		(1,604)
Restructuring and impairment	6,500		140,902		—		147,402
Total assets	1,435,023		254,164		(28)		1,689,159

	As of and for the Year Ended September 30, 2022
($ in thousands)	Dealerships		Distribution		Eliminations		Total
Revenue	$	1,608,972	$	135,850	$	—	$	1,744,822
Income from operations	211,401		6,432		—		217,833
Depreciation and amortization	7,628		8,668		—		16,296
Transaction costs	5,347		2,377		—		7,724
Change in fair value of contingent consideration	10,189		191		—		10,380
Total assets	1,078,457		418,971		—		1,497,428