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Stock-Based Compensation | 3 Months Ended
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Sep. 30, 2019
Share-based Payment Arrangement [Abstract] |
Stock-Based Compensation | Stock-Based Compensation The Company adopted a long term incentive plan which became effective on January 1, 2014, and reserves for issuance up to 1,700,000 shares of Malibu Boats, Inc. Class A Common Stock for the Company’s employees, consultants, members of its board of directors and other independent contractors at the discretion of the compensation committee. Incentive stock awards authorized under the Incentive Plan include unrestricted shares of Class A Common Stock, stock options, stock appreciation rights, restricted stock, restricted stock units, dividend equivalent awards and performance awards. As of September 30, 2019, 860,091 shares remain available for future issuance under the long term incentive plan. The following is a summary of the changes in the Company's stock options for the three months ended September 30, 2019:
| Shares |  | Weighted Average Exercise Price/Share
Total outstanding options as of June 30, 2019 | 185,473 |  |  | $ | 32.51 |
Options granted | — |  |  | — |
Options exercised | — |  |  | — |
Outstanding options as of September 30, 2019 | 185,473 |  |  | 32.51 |
Exercisable as of September 30, 2019 | 51,000 |  |  | $ | 31.07 |
The following is a summary of the changes in non-vested restricted stock units and restricted stock awards for the three months ended September 30, 2019:
| Number of Restricted Stock Units and Restricted Stock Awards Outstanding |  | Weighted Average Grant Date Fair Value
Total Non-vested Restricted Stock Units and Restricted Stock Awards as of June 30, 2019 | 226,240 |  |  | $ | 29.64 |
Granted | 1,411 |  |  | 38.85 |
Vested | (33,667 | ) |  | (23.67 | )
Forfeited | — |  |  | — |
Total Non-vested Restricted Stock Units and Restricted Stock Awards as of September 30, 2019 | 193,984 |  |  | $ | 30.75 |
Stock compensation expense attributable to the Company's share-based equity awards was $677 and $476 for the three months ended September 30, 2019 and 2018, respectively, Stock compensation expense attributed to share-based equity awards issued under the Incentive Plan is recognized on a straight-line basis over the terms of the respective awards and is included in general and administrative expense in the Company's unaudited interim condensed consolidated statement of operations and comprehensive income. Awards vesting during the three months ended September 30, 2019, include 1,411 fully vested restricted stock units issued to non-employee directors for their service as directors for the Company.

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- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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