v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
($ in millions)Powersports Dealership Group
Three Months Ended June 30, 2026
Revenue$296.8 
Cost of revenue212.0 
Compensation and related costs38.7 
Facilities10.8 
Other operating expenses(1)
15.5 
Depreciation and amortization1.9 
Floor plan interest expense2.3 
Other interest expense9.0 
Income tax expense0.1 
Net income$6.5 
(1) Other operating expenses represent general and administrative expenses, advertising, professional fees and stock-based compensation expenses. The detail for these expenses on a consolidated basis is in Note 7 and is attributable to the Powersports Dealership Group.
($ in millions)Powersports Dealership GroupVehicle Transportation ServicesUnallocated and AdjustmentsTotal
Three Months Ended June 30, 2025
Revenue:
Powersports vehicles$219.0 $— $— $219.0 
Parts, service and accessories52.4 — — 52.4 
Finance and insurance, net27.2 — — 27.2 
Vehicle transportation services— 1.3 — 1.3 
Total revenue298.6 1.3 — 299.9 
Cost of revenue:
Powersports vehicles187.4 — — 187.4 
Parts, service and accessories27.5 — — 27.5 
Vehicle transportation services— 1.1 — 1.1 
Total cost of revenue214.9 1.1 — 216.0 
Gross profit83.7 0.2 — 83.9 
Compensation and related costs38.7 0.4 — 39.1 
Facilities11.3 — — 11.3 
Other operating expenses(1)
16.1 0.2 — 16.3 
Impairment of franchise rights— — 34.0 34.0 
Depreciation and amortization— — 2.0 2.0 
Floor plan interest expense2.6 — (2.6)— 
Operating income (loss)15.0 (0.4)(33.4)(18.8)
Floor plan interest expense2.6 
Other interest expense10.9 
Other expense(0.2)
Loss before income taxes$(32.1)
(1) Other operating expenses represent general and administrative expenses, advertising, professional fees and stock-based compensation expenses. The detail for these expenses on a consolidated basis is in Note 7 and is attributable to the Powersports Dealership Group.
($ in millions)Powersports Dealership Group
Six Months Ended June 30, 2026
Revenue$557.2 
Cost of revenue400.8 
Compensation and related costs75.8 
Facilities21.0 
Other operating expenses(1)
30.3 
Depreciation and amortization3.8 
Floor plan interest expense4.7 
Other interest expense18.4 
Other income (expense)0.1 
Income tax expense0.1 
Net income$2.2 
(1) Other operating expenses represent general and administrative expenses, advertising, professional fees and stock-based compensation expenses. The detail for these expenses on a consolidated basis is in Note 7 and is attributable to the Powersports Dealership Group.
($ in millions)Powersports Dealership GroupVehicle Transportation ServicesUnallocated and AdjustmentsTotal
Six Months Ended June 30, 2025
Revenue:
Powersports vehicles$391.0 $— $— $391.0 
Parts, service and accessories98.5 — — 98.5 
Finance and insurance, net48.3 — — 48.3 
Vehicle transportation services— 6.8 — 6.8 
Total revenue537.8 6.8 — 544.6 
Cost of revenue:
Powersports vehicles335.2 — — 335.2 
Parts, service and accessories52.8 — — 52.8 
Vehicle transportation services— 5.5 — 5.5 
Total cost of revenue388.0 5.5 — 393.5 
Gross profit149.8 1.3 — 151.1 
Compensation and related costs71.9 1.2 — 73.1 
Facilities22.4 0.1 — 22.5 
Other operating expenses(1)
31.9 0.3 — 32.2 
Impairment of franchise rights— — 34.0 34.0 
Depreciation and amortization— — 4.3 4.3 
Floor plan interest expense5.4 — (5.4)— 
Operating income (loss)18.2 (0.3)(32.9)(15.0)
Floor plan interest expense5.4 
Other interest expense21.7 
Other expense(0.4)
Loss before income taxes$(41.7)
(1) Other operating expenses represent general and administrative expenses, advertising, professional fees and stock-based compensation expenses. The detail for these expenses on a consolidated basis is in Note 7 and is attributable to the Powersports Dealership Group.