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Earnings (Loss) Per Unit (Malibu Boat LLC [Member]) | 6 Months Ended
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Dec. 31, 2013
Malibu Boat LLC [Member] |
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items] |
Earnings Per Unit | Earnings Per Unit Earnings per unit reflect application of the two-class method. All classes of units participate in distributions based on the distributions priority described in Note 8. Basic earnings per unit is computed by dividing net income available to each class by the weighted average number of units outstanding during each period. Diluted earnings per unit is calculated as net income available to each class of members of the Company, divided by the diluted weighted average number of units outstanding during the period. Diluted weighted average number of units is calculated to reflect the potential dilution pursuant to the treasury stock method. Basic and dilutive earnings per unit do not include distributions in excess of net income available to each class, as they were considered to be liquidating distributions, which were not required pursuant to the LLC Agreement or the applicable agreement governing the award. The basic and diluted earnings per unit calculations for the three months ended December 31, 2012 were as follows:
| Basic Earnings per Unit |  | Dilutive Earnings per Unit
| Income Allocation(1) |  | Weighted Average Units Outstanding |  | Earnings per Unit |  | Income Allocation(1) |  | Weighted Average Units Outstanding(2) |  | Earnings per Unit
Class A Units | 3,310 |  |  | 36,742 |  |  | $ | 0.09 |  |  | 3,253 |  |  | 36,742 |  |  | $ | 0.09 |
Class B Units | 350 |  |  | 3,885 |  |  | 0.09 |  |  | 344 |  |  | 3,885 |  |  | 0.09 |
Class M Units | 107 |  |  | 1,170 |  |  | 0.09 |  |  | 170 |  |  | 1,922 |  |  | 0.09 |
Net Income | $ | 3,767 |  |  |  |  |  |  | $ | 3,767 |  |  |  |  |
(1) | Net income attributable to members of the Company is allocated to each class of units based on the distributions priority described in Note 8.
(2) | For the three months ended December 31, 2012, 7 Class M Units were not included in the computation of diluted earnings per unit because their inclusion would have increased earnings per unit. In addition, 387 Class M Units vest upon a liquidity condition which is satisfied upon occurrence of a qualifying event, defined as a change in control transaction. Because these restricted units had no rights to undistributed earnings, they were excluded from basic and diluted earnings per unit.
The basic and diluted earnings per unit calculations for the six months ended December 31, 2012 were as follows:
| Basic Earnings per Unit |  | Dilutive Earnings per Unit
| Income Allocation(1) |  | Weighted Average Units Outstanding |  | Earnings per Unit |  | Income Allocation(1) |  | Weighted Average Units Outstanding(2) |  | Earnings per Unit
Class A Units | 3,873 |  |  | 36,742 |  |  | $ | 0.11 |  |  | 3,805 |  |  | 36,742 |  |  | $ | 0.10 |
Class B Units | 410 |  |  | 3,885 |  |  | 0.11 |  |  | 402 |  |  | 3,885 |  |  | 0.10 |
Class M Units | 123 |  |  | 1,170 |  |  | 0.11 |  |  | 199 |  |  | 1,922 |  |  | 0.10 |
Net Income | $ | 4,406 |  |  |  |  |  |  | $ | 4,406 |  |  |  |  |
(1) | Net income attributable to members of the Company is allocated to each class of units based on the distributions priority described in Note 8.
(2) | For the six months ended December 31, 2012, 7 Class M Units were not included in the computation of diluted earnings per unit because their inclusion would have increased earnings per unit. In addition, 387 Class M Units vest upon a liquidity condition which is satisfied upon occurrence of a qualifying event, defined as a change in control transaction. Because these restricted units had no rights to undistributed earnings, they were excluded from basic and diluted earnings per unit.
The basic and diluted earnings per unit calculations for the three months ended December 31, 2013 were as follows:
| Basic Earnings per Unit |  | Dilutive Earnings per Unit
| Income Allocation(1) |  | Weighted Average Units Outstanding |  | Earnings per Unit |  | Income Allocation(1) |  | Weighted Average Units Outstanding(2) |  | Earnings per Unit
Class A Units | $ | 4,534 |  |  | 36,742 |  |  | $ | 0.12 |  |  | $ | 4,501 |  |  | 36,742 |  |  | $ | 0.12 |
Class B Units | 479 |  |  | 3,885 |  |  | 0.12 |  |  | 475 |  |  | 3,885 |  |  | 0.12 |
Class M Units | 207 |  |  | 1,677 |  |  | 0.12 |  |  | 244 |  |  | 1,970 |  |  | 0.12 |
Net Income | $ | 5,220 |  |  |  |  |  |  | $ | 5,220 |  |  |  |  |
(1) | Net income attributable to members of the Company is allocated to each class of units based on the distributions priority described in Note 8.
(2) | For the three months ended December 31, 2013, 30 Class M Units were not included in the computation of diluted earnings per unit because their inclusion would have increased earnings per unit. In addition, 2,331 Class M Units vest upon a liquidity condition which is satisfied upon occurrence of a qualifying event, defined as either an initial public offering or a change in control transaction. Because these restricted units had no rights to undistributed earnings, they were excluded from basic and diluted earnings per unit.
The basic and diluted earnings per unit calculations for the six months ended December 31, 2013 were as follows:
| Basic Earnings per Unit |  | Dilutive Earnings per Unit
| Income Allocation(1) |  | Weighted Average Units Outstanding |  | Earnings per Unit |  | Income Allocation(1) |  | Weighted Average Units Outstanding(2) |  | Earnings per Unit
Class A Units | $ | 9,032 |  |  | 36,742 |  |  | $ | 0.25 |  |  | $ | 8,970 |  |  | 36,742 |  |  | $ | 0.24 |
Class B Units | 955 |  |  | 3,885 |  |  | 0.25 |  |  | 948 |  |  | 3,885 |  |  | 0.24 |
Class M Units | 412 |  |  | 1,677 |  |  | 0.25 |  |  | 481 |  |  | 1,970 |  |  | 0.24 |
Net Income | $ | 10,399 |  |  |  |  |  |  | $ | 10,399 |  |  |  |  |
(1) | Net income attributable to members of the Company is allocated to each class of units based on the distributions priority described in Note 8.
(2) | For the six months ended December 31, 2013, 30 Class M Units were not included in the computation of diluted earnings per unit because their inclusion would have increased earnings per unit. In addition, 2,331 Class M Units vest upon a liquidity condition which is satisfied upon occurrence of a qualifying event, defined as either an initial public offering or a change in control transaction. Because these restricted units had no rights to undistributed earnings, they were excluded from basic and diluted earnings per unit.

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