Net Earnings Per Share (Tables)

6 Months Ended

Dec. 31, 2015

Schedule of Basic and Diluted Net Income per Share

Basic and diluted net earnings per share of Class A Common Stock for the three and six months ended December 31, 2015 and 2014 have been computed as follows (in thousands, except share and per share amounts):



	Three Months Ended December 31, 2015		Three Months Ended December 31, 2014		Six Months Ended December 31, 2015		Six Months Ended December 31, 2014
Basic:
Net income attributable to Malibu Boats, Inc.	$	5,104	$	3,264	$	8,662	$	4,643
Shares used in computing basic net income per share:
Weighted-average Class A Common Stock	17,891,875		15,565,120		17,880,640		15,144,193
Weighted-average participating restricted stock units convertible into Class A Common Stock	94,642		63,270		83,660		61,995
Basic weighted-average shares outstanding	17,986,517		15,628,390		17,964,300		15,206,188
Basic net income per share	$	0.28	$	0.21	$	0.48	$	0.31

Diluted:
Net income attributable to Malibu Boats, Inc.	$	5,104	$	3,264	$	8,662	$	4,643
Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding	17,986,517		15,628,390		17,964,300		15,206,188
Restricted stock units granted to employees	35,771		—		54,315		—
Diluted weighted-average shares outstanding ¹	18,022,288		15,628,390		18,018,615		15,206,188
Diluted net income per share	$	0.28	$	0.21	$	0.48	$	0.31

¹The Company excluded 1,417,473 and 7,046,594 potentially dilutive shares from the calculation of diluted net income per share for the three and six months ended December 31, 2015 and 2014, respectively, as these shares would have been antidilutive.