v3.22.4
Goodwill (Tables)
 3 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill by Reportable Segment

The following table sets forth the changes in carrying amount of goodwill by reportable segment during the three months ended December 31, 2022:

 

 

Retail Operations

 

 

Product Manufacturing

 

 

Total

 

 

 

(Amounts in thousands)

 

Balance as of September 30, 2022

 

$

166,551

 

 

$

69,034

 

 

$

235,585

 

Goodwill acquired

 

 

288,621

 

 

 

—

 

 

 

288,621

 

Foreign currency translation

 

 

3,512

 

 

 

—

 

 

 

3,512

 

Balance as of December 31, 2022

 

$

458,684

 

 

$

69,034

 

 

$

527,718

 
Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed at Acquisition Date

The following table summarizes the consideration paid for IGY Marinas and the preliminary allocation of the purchase consideration to the estimated fair value of the assets acquired and liabilities assumed at the acquisition date.

 

 

 

(Amounts in thousands)

 

Consideration:

 

 

 

Cash purchase price and net working capital adjustments, net of cash acquired of $28,075

 

$

481,349

 

Contingent consideration arrangement

 

 

67,700

 

Noncontrolling interests in consolidated subsidiaries

 

 

2,208

 

Fair value of total consideration transferred

 

$

551,257

 

 

 

 

 

Recognized amounts of identifiable assets acquired and liabilities assumed:

 

 

 

Net working capital, net of cash acquired of $28,075

 

$

(21,296

)

Property and equipment

 

 

246,440

 

Operating lease right-of-use assets

 

 

39,720

 

Intangible assets

 

 

29,285

 

Equity method investments

 

 

14,098

 

Other long-term assets

 

 

6,973

 

Operating lease liabilities

 

 

(29,416

)

Other liabilities

 

 

(1,301

)

Deferred tax liabilities, net

 

 

(20,622

)

Total identifiable net assets acquired:

 

 

263,881

 

Goodwill

 

$

287,376

 

Total

 

$

551,257