XML 44 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Jun. 30, 2014
Current assets    
Cash $ 7,285us-gaap_CashAndCashEquivalentsAtCarryingValue $ 12,173us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade receivables, net 11,923us-gaap_AccountsReceivableNetCurrent 6,475us-gaap_AccountsReceivableNetCurrent
Inventories, net 21,571us-gaap_InventoryNet 12,890us-gaap_InventoryNet
Deferred tax asset 415us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 500us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Prepaid expenses and other current assets 1,892us-gaap_PrepaidExpenseAndOtherAssets 2,272us-gaap_PrepaidExpenseAndOtherAssets
Total current assets 43,086us-gaap_AssetsCurrent 34,310us-gaap_AssetsCurrent
Property and equipment, net 14,587us-gaap_PropertyPlantAndEquipmentNet 10,963us-gaap_PropertyPlantAndEquipmentNet
Goodwill 12,772us-gaap_Goodwill 5,718us-gaap_Goodwill
Other intangible assets, net 14,461us-gaap_FiniteLivedIntangibleAssetsNet 12,358us-gaap_FiniteLivedIntangibleAssetsNet
Debt issuance costs, net 170us-gaap_DeferredFinanceCostsNoncurrentNet 0us-gaap_DeferredFinanceCostsNoncurrentNet
Deferred tax asset 55,053us-gaap_DeferredTaxAssetsNetNoncurrent 21,452us-gaap_DeferredTaxAssetsNetNoncurrent
Other assets 105us-gaap_OtherAssetsNoncurrent 0us-gaap_OtherAssetsNoncurrent
Total assets 140,234us-gaap_Assets 84,801us-gaap_Assets
Current liabilities    
Accounts payable 16,224us-gaap_AccountsPayableCurrent 7,161us-gaap_AccountsPayableCurrent
Accrued expenses 15,053us-gaap_AccruedLiabilitiesCurrent 32,684us-gaap_AccruedLiabilitiesCurrent
Income taxes and tax distribution payable 2,092mbuu_IncomeTaxandDistributionsPayableCurrent 2,121mbuu_IncomeTaxandDistributionsPayableCurrent
Deferred tax liabilities 0us-gaap_DeferredTaxLiabilitiesCurrent 995us-gaap_DeferredTaxLiabilitiesCurrent
Total current liabilities 33,369us-gaap_LiabilitiesCurrent 42,961us-gaap_LiabilitiesCurrent
Deferred tax liabilities 1,130us-gaap_DeferredTaxLiabilitiesNoncurrent 0us-gaap_DeferredTaxLiabilitiesNoncurrent
Payable pursuant to tax receivable agreement 47,664mbuu_PayablePursuantToTaxReceivableAgreement 13,636mbuu_PayablePursuantToTaxReceivableAgreement
Long-term debt 10,000us-gaap_LongTermDebtNoncurrent 0us-gaap_LongTermDebtNoncurrent
Other long-term liabilities 253us-gaap_OtherLiabilitiesNoncurrent 134us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 92,416us-gaap_Liabilities 56,731us-gaap_Liabilities
Commitments and contingencies (See Note 12)      
Equity    
Preferred stock 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Additional paid in capital 31,551us-gaap_AdditionalPaidInCapital 23,835us-gaap_AdditionalPaidInCapital
Accumulated other comprehensive loss (2,019)us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax1 0us-gaap_AccumulatedOtherComprehensiveIncomeLossBeforeTax1
Accumulated earnings (deficit) 4,332us-gaap_RetainedEarningsAccumulatedDeficit (4,676)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity attributable to Malibu Boats, Inc. 34,019us-gaap_StockholdersEquity 19,269us-gaap_StockholdersEquity
Non-controlling interest 13,799us-gaap_MinorityInterest 8,801us-gaap_MinorityInterest
Total stockholders’ equity 47,818us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 28,070us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity 140,234us-gaap_LiabilitiesAndStockholdersEquity 84,801us-gaap_LiabilitiesAndStockholdersEquity
Class A Common Stock [Member]    
Equity    
Common stock 155us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember		 110us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
Class B Common Stock [Member]    
Equity    
Common stock $ 0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember		 $ 0us-gaap_CommonStockValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember