Net Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2019

Schedule of Basic and Diluted Net Income per Share

Basic and diluted net income per share of Class A Common Stock has been computed as follows (in thousands, except share and per share amounts):



	Fiscal Year Ended June 30,
	2019		2018		2017
Basic:
Net income attributable to Malibu Boats, Inc.	$	66,066	$	27,613	$	28,358
Shares used in computing basic net income per share:
Weighted-average Class A Common Stock	20,645,973		20,012,627		17,708,924
Weighted-average participating restricted stock units convertible into Class A Common Stock	186,472		166,754		137,970
Basic weighted-average shares outstanding	20,832,445		20,179,381		17,846,894
Basic net income per share	$	3.17	$	1.37	$	1.59

Diluted:
Net income attributable to Malibu Boats, Inc.	$	66,066	$	27,613	$	28,358
Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding	20,832,445		20,179,381		17,846,894
Restricted stock units granted to employees	119,476		101,563		104,438
Weighted-average stock options convertible into Class A Common Stock	14,618		266		—
Diluted weighted-average shares outstanding ¹	20,966,539		20,281,210		17,951,332
Diluted net income per share	$	3.15	$	1.36	$	1.58

¹The Company excluded 930,125, 1,205,249, and 1,397,447 potentially dilutive shares from the calculation of diluted net income per share for the fiscal year ended June 30, 2019, 2018, and 2017, respectively, as these units would have been antidilutive.