Commitments and Contingencies |
9 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | 16. COMMITMENTS AND CONTINGENCIES: We are party to various legal actions arising in the ordinary course of business. While it is not feasible to determine the actual outcome of these actions as of June 30, 2026, we believe that these matters should not have a material adverse effect on our unaudited condensed consolidated financial condition, results of operations, or cash flows. On February 20, 2026, the United States Supreme Court issued a decision invalidating tariffs imposed under the International Emergency Economic Powers Act (“IEEPA”). In March 2026, the U.S. Court of International Trade issued an additional ruling stating that importers that have paid tariffs under IEEPA are due refunds. We began to receive tariff refunds in the third quarter of fiscal 2026, and as of June 30, 2026, have received refunds of approximately $15.7 million, inclusive of an immaterial amount of interest. Through the nine months ended June 30, 2026, $6.8 million of the tariff refund related to sold boats was recognized as a reduction in cost of sales of which $5.1 million related to sales of boats in this fiscal year. The Company continues to monitor developments and assess the potential impact on its consolidated financial statements and results of operations. |