Net Earnings Per Share (Tables)

6 Months Ended

Dec. 31, 2018

Schedule of Basic and Diluted Net Income Per Share

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



	Three Months Ended					Six Months Ended
	December 31, 2018		December 31, 2017			December 31, 2018		December 31, 2017
Basic:
Net income (loss) attributable to Malibu Boats, Inc.	$	14,257	$	(6,383	)	$	25,555	$	(498	)
Shares used in computing basic net income per share:
Weighted-average Class A Common Stock	20,689,779		20,263,999			20,577,182		19,644,918
Weighted-average participating restricted stock units convertible into Class A Common Stock	185,464		165,628			180,913		159,274
Basic weighted-average shares outstanding	20,875,243		20,429,627			20,758,095		19,804,192
Basic net income (loss) per share	$	0.68	$	(0.31	)	$	1.23	$	(0.03	)

Diluted:
Net income (loss) attributable to Malibu Boats, Inc.	$	14,257	$	(6,383	)	$	25,555	$	(498	)
Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding	20,875,243		20,429,627			20,758,095		19,804,192
Restricted stock units granted to employees	94,654		—			117,374		—
Stock options granted to employees	20,416		—			8,399		—
Diluted weighted-average shares outstanding ¹	20,990,313		20,429,627			20,883,868		19,804,192
Diluted net income (loss) per share	$	0.68	$	(0.31	)	$	1.22	$	(0.03	)

¹The Company excluded (i) 904,652 and 1,274,484 potentially dilutive shares from the calculation of diluted net income (loss) per share for the three months ended December 31, 2018 and 2017, respectively, and (ii) 924,652 and 1,274,484 potentially dilutive shares from the calculation of diluted net income (loss) per share for the six months ended December 31, 2018 and 2017, respectively, as these units would have been antidilutive.