Acquisition (Tables)

6 Months Ended

Dec. 31, 2015

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the purchase price allocation based on the fair values of the assets acquired and liabilities of the Licensee assumed at the acquisition date:



Consideration:
Cash consideration paid	$	13,305
Equity consideration paid	2,837
Fair value of total consideration transferred	$	16,142

Recognized amounts of identifiable assets acquired and (liabilities assumed), at fair value:
Cash	$	1,642
Accounts receivable	878
Inventories	5,023
Other current assets	195
Net property, plant, and equipment	1,191
Identifiable intangible assets	4,558
Other assets	45
Current liabilities	(3,908		)
Deferred tax liabilities	(1,407		)
Other liabilities	(34		)
Fair value of assets acquired and liabilities assumed	8,183
Goodwill	7,959
Total purchase price	$	16,142

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The fair value estimates for the Company's identifiable intangible assets acquired as part of the acquisition are as follows:



	Estimates of Fair Value		Useful Life (in years)
Reacquired franchise rights	$	1,579	5
Dealer relationships	2,808		15
Non-compete agreement	61		10
Backlog	110		0.3
Total	$	4,558

Business Acquisition, Pro Forma Information

The unaudited pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of fiscal 2014 or of the results that may occur in the future:



	Three Months Ended December 31,				Six Months Ended December 31,
	2015		2014		2015		2014
Net sales	$	60,506	$	56,553	$	117,746	$	108,336
Net income	5,718		5,611		9,698		8,115
Net income attributable to Malibu Boats, Inc.	5,104		3,288		8,662		4,746
Basic earnings per share	0.28		0.21		0.48		0.31
Diluted earnings per share	0.28		0.21		0.48		0.31