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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

Form 10-K/A

Amendment No. 1

 

 

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended September 30, 2024

Commission File Number 1-14173

 

 

MarineMax, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

 

Florida

 

59-3496957

(State of Incorporation)

 

(I.R.S. Employer Identification No.)

 

501 Brooker Creek Boulevard, Oldsmar, Florida 34677

(727) 531-1700

(Address, including zip code, and telephone number, including area code, of principal executive offices)

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

Trading Symbol

Name of Each Exchange on Which Registered

Common Stock, par value $.001 per share

HZO

New York Stock Exchange

 

Securities registered pursuant to Section 12(g) of the Act:

None

 

 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer

 

Accelerated filer

Non-accelerated filer

 

Smaller reporting company

 

 

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

The aggregate market value of common stock held by non-affiliates of the registrant (21,441,854 shares) based on the closing price of the registrant’s common stock as reported on the New York Stock Exchange on March 31, 2024, which was the last business day of the registrant’s most recently completed second fiscal quarter, was $713,156,064. For purposes of this computation, all officers and directors of the registrant are deemed to be affiliates. Such determination should not be deemed to be an admission that such officers and directors are, in fact, affiliates of the registrant.

As of November 12, 2024, there were outstanding 22,594,565 shares of the registrant’s common stock, par value $.001 per share.

Documents Incorporated by Reference

Portions of the registrant’s definitive proxy statement for the 2025 Annual Meeting of Shareholders are incorporated by reference into Part III of this report.

 


 

Auditor Firm Id:

185

Auditor Name:

KPMG LLP

Auditor Location:

Tampa, Florida

 

 


 

MARINEMAX, INC.

ANNUAL REPORT ON FORM 10-K/A

Amendment No. 1

Fiscal Year Ended September 30, 2024

TABLE OF CONTENTS

 

Explanatory Note

PART III

 

 

 

 

Item 10

 

Directors, Executive Officers and Corporate Governance

1

Item 11

 

Executive Compensation

1

 

 

 

 

PART IV

 

 

 

 

Item 15

 

Exhibits, Financial Statement Schedules

2

 

 

Signature

3

 

 


 

EXPLANATORY NOTE

This Amendment No. 1 to Annual Report on Form 10-K (this “Amendment”) amends our previously filed Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission (“SEC”) on November 14, 2024 (the “Original Form 10-K”). This Amendment is being filed solely to include certain XBRL Interactive Data that was inadvertently omitted in the Original Form 10-K due to an administrative error. The omitted XBRL Interactive Data did not relate to any financial information included in the Original Form 10-K. This Amendment includes a disclosure in Item 10 of Part III that was included in the Original Form 10-K and a disclosure in Item 11 of Part III that was incorporated by reference into the Original Form 10-K from our Proxy Statement, filed with the SEC on January 3, 2025. Such disclosures are included in this Amendment solely to facilitate required tagging of XBRL Interactive Data and have not been amended, updated or restated herein.

In connection with the filing of this Amendment and pursuant to Rule 12b-15 under the Securities and Exchange Act of 1934, as amended, we are including with this Amendment new certifications of our principal executive officer and principal financial officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. Item 15 of Part IV has been amended to reflect the filing of these new certifications and to reflect the corrected XBRL Interactive Data. Except as expressly set forth above, this Amendment does not, and does not purport to, amend, update or restate the information contained in, or incorporated by reference into, the Original Form 10-K or reflect any events that have occurred after the filing of the Original Form 10-K.

PART III

Item 10. Directors, Executive Officers and Corporate Governance

The text below is included in this Amendment solely for the purpose of facilitating required XBRL Interactive Data tagging and does not otherwise amend, update or restate the information contained in, or incorporated by reference into, Item 10 of the Original Form 10-K:

The Company has adopted an insider trading policy governing the purchase, sale and/or other dispositions of the Company’s securities that applies to its officers, directors and employees as well as other covered persons. The Company believes its insider trading policy and repurchase procedures are reasonably designed to promote compliance with insider trading laws, rules and regulations, and listing standards applicable to the Company. A copy of the Company’s insider trading policy is filed as Exhibit 19 to this Annual Report on Form 10-K.

Item 11. Executive Compensation

The text below is included in this Amendment solely for the purpose of facilitating required XBRL Interactive Data tagging and does not otherwise amend, update or restate the information contained in, or incorporated by reference into, Item 11 of the Original Form 10-K:

We do not currently grant stock options as a part of our equity compensation program to executive officers. If stock options were to be granted in the future, the Company would not grant such options in anticipation of the release of nonpublic information that is likely to result in changes to the price of our common stock and would not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.

During fiscal year 2024, (i) none of our NEOs were awarded stock options with an effective grant date during any period beginning four business days before the filing or furnishing of a Form 10-Q, Form 10-K or Form 8-K that disclosed material nonpublic information, ending one business day after the filing or furnishing of such reports, and (ii) we did not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.

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PART IV

Item 15. Exhibits, Financial Statement Schedules

(a)
Financial Statements and Financial Statement Schedules

 

No financial statements or supplemental data are filed with this report on Form 10-K/A. See Financial Statements and Financial Statement Schedules in the Original Form 10-K.

(b)
Exhibits

 

The exhibits listed below are filed as a part of this Amendment No. 1 to Annual Report on Form 10-K.

 

Exhibit
Number

 

Exhibit

 

31.1

 

Certification of Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a), promulgated under the Securities Exchange Act of 1934, as amended.

31.2

 

Certification of Chief Financial Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a), promulgated under the Securities Exchange Act of 1934, as amended.

101.INS

 

Inline XBRL Instance Document - The instance document does not appear in the interactive data file because its XBRL tags are embedded within the inline XBRL document.

101.SCH

 

Inline XBRL Taxonomy Extension Schema Document.

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

2


 

SIGNATURE

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

MARINEMAX, INC.

 

 

 

/s/ W. Brett McGill

 

W. Brett McGill

 

Chief Executive Officer and President

Date: April 24, 2025

 

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