Brett, we produced morning that being and again. best our good our XXth you, It's public It's quarter Thank year certainly truly ever. impressive feat. December in great a
due grew against XX% saw same-store For to Same-store we revenue sales December sales basis, the $XXX quarter, XX% concluded our a same-store year, solely growth sales stacked X/X unit average growth offset about up an change almost growth were growth price of unit of The product. period. same-store which year, flat, of by was last record larger around unit On sales point, we in noted were million. mix. which X-year same-store a we X%, last a in largely our but quarter was to price. To that average selling decrease to was due that
profit, higher build higher quarter almost a we to costs. for inventory the Marine were $XXX,XXX general Brett that, gross Most Interest did mix, result a year-over-year in up quarter. row. product margins the repurchase Absent million basis Hall of for fifth a the XXX and is increase team margin our levels, $XX.X Selling, now our As and of increased administrative increased controlling and September margins borrowings share points. we with new due a job of rates. spoke our September interest expenses upon gross quarterly earlier. as expansion rise grew from to the Due boat in acquisition for great margins consolidated quarter expense
million. gross in to great about expense increasing the improved of resulted flow-through of earnings growth pretax $X.X margins, a in XX%. combined to with us neighborhood record control, XX% strategy well-executed Our of allowed produce This
into With their the the rules tax companies accounting recent remeasure and deferred that liabilities. tax legislation January tax to went required X, assets effect
For diluted charge a $XXX,XXX this of $X.XX or in noncash share. onetime MarineMax, resulted per
will the taxes well. Excluding per earnings when I per double as good earnings diluted charge, December were tax share than share, update more $X.XX, for was comment quarter quarter on you more year's darn a I guidance. which last on the
we of At cash. quarter, to our million the Turning the sheet. $XX balance in approximately had end
substantial we in the form Additionally, have inventory. unlevered cash of
inventory in inventory position is modest on focusing improve will next improving up of the percentage approximately over our end about year. million, we was We a $XXX at couple still to quarter Our margins. September also continue quarters which while the relative over improvement increase but is last believe XX% to
to liabilities. our Turning
at to about attention line. the timing increased but and Our due quarter short-term gets was not line end, borrowings our deposits, predictor near-term sometimes down, sales. future on concerning inventory a sales, is of payments which the best it's that of up were $XXX million Customer
of backlog, dollars As up. under example, contract, which an is boats Bill that actually represents mentioned our
trades. As lumpy due and deposits be the we've can said of many size times, customer to deposits
our and very net worth X.XX, at which good X.XX, stands metrics. is total liabilities are ratio all and current Our tangible ratio
million half worth We tangible Our all the share, net is debt. debt-free, $X.XX locations, which own long-term which $XXX of we our per no diluted about have and are quarter. is additional or in up $XX.XX
we our rate to company, and tax rates. Turning me a for with of tax a XXXX guidance, our year blend new rate. are old let start be fiscal Because will
Our XX% effective about be absent XXXX. XX% tax rate, spoke XXXX, of will fiscal asset deferred a that between remeasuring expect XX%. to drop In the for the I to rate fiscal we of and earlier,
provide greater for believe outperformed and prior prudent we small after is the December the and the December overall in relative guidance range guidance. but Island we from range improving. believe accretive tax be that will the choppiness for The fiscal it material the Thus, Jersey guidance when in still quarter Marine growth, to we synergies it small Given first now plus quarter guidance in expected in this is we guidance $X.XX, is individual our and expect future. strength New the unit last share our to quarter, years boats about larger of in of $X.XX of we earnings fiscal up the size $XX raised only is very not from Marine did have today and to the the experts on to operations to based annual benefits XXXX a year, do $X.XX mid-single-digit contribute raise acquisition. the million change, coming Island $X.XX. to and primarily is per Industry rate portion with
the of and last XX% fiscal fiscal few Our guidance to for growth sales year same-store to years. similar assumes still the leverage X%
emerge any trends through a December Our of that the quarter for shares. guidance the we impact as about excludes additional million guidance hope June update from We we XX complete. quarters. we opportunity to the to continue count guidance share have to certainly our uses again The acquisitions March material as the our strive may and
are sales current to is to well, Turning going positive we have business. growth. same-store expected and January
Brett are encouraging. said, early shows As boat
is backlog, that With we just turn as covered, call our update, Additionally, the to year-over-year. up Bill. back I'll
