Acquisition (Tables)

12 Months Ended

Jun. 30, 2018

Schedule of Business Acquisitions, by Acquisition

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



Consideration:
Cash consideration paid	$	129,525
Equity consideration paid ¹	1,000
Fair value of total consideration transferred	$	130,525

Recognized amounts of identifiable assets acquired and liabilities assumed, at fair value:
Cash	$	3,973
Trade receivables	2,329
Inventories	14,343
Other current assets	363
Property, plant, and equipment	12,934
Other intangible assets	89,900
Current liabilities	(13,108		)
Fair value of assets acquired and liabilities assumed	110,734
Goodwill	19,791
Total purchase price	$	130,525

Schedule of Finite and Indefinite-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		Estimated Useful Life (in years)
Definite-lived intangibles
Dealer relationships	$	56,300	20
Patent	2,600		15
Total definite-lived intangibles	58,900
Indefinite-lived intangible:
Trade name	31,000
Total intangible assets	$	89,900

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 year 2017 or the results that may occur in the future:



	Fiscal Year Ended June 30,
	2018		2017
Net sales	$	497,002	$	423,830
Net income	30,696		33,655
Net income attributable to Malibu Boats, Inc.	27,361		30,439
Basic earnings per share	$	1.36	$	1.53
Diluted earnings per share	$	1.35	$	1.52