XML 79 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]    
Net sales $ 172,080 $ 123,483
Cost of sales 132,079 92,982
Gross profit 40,001 30,501
Operating expenses:    
Selling and marketing 5,066 3,498
General and administrative 10,668 8,971
Amortization 1,584 1,280
Operating income 22,683 16,752
Other (income) expense, net:    
Other income, net (10) (17)
Interest expense 1,167 1,171
Other expense, net 1,157 1,154
Income before provision for income taxes 21,526 15,598
Provision for income taxes 4,844 3,583
Net income 16,682 12,015
Net income attributable to non-controlling interest 823 717
Net income attributable to Malibu Boats, Inc. 15,859 11,298
Other comprehensive income (loss), net of tax:    
Change in cumulative translation adjustment (623) (404)
Other comprehensive loss, net of tax (623) (404)
Comprehensive income, net of tax 16,059 11,611
Less: comprehensive income attributable to non-controlling interest, net of tax 792 693
Comprehensive income attributable to Malibu Boats, Inc., net of tax $ 15,267 $ 10,918
Weighted average shares outstanding used in computing net income per share:    
Basic (in shares) 20,830,121 20,640,418
Diluted (in shares) 20,928,741 20,750,353
Net income available to Class A Common Stock per share:    
Basic (in dollars per share) $ 0.76 $ 0.55
Diluted (in dollars per share) $ 0.76 $ 0.54