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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Net sales $ 182,310 $ 199,918 $ 534,502 $ 489,194
Cost of sales 136,461 150,196 408,784 370,656
Gross profit 45,849 49,722 125,718 118,538
Operating expenses:        
Selling and marketing 4,572 5,273 14,304 13,372
General and administrative 9,643 12,324 30,389 32,527
Amortization 1,501 1,563 4,622 4,381
Operating income 30,133 30,562 76,403 68,258
Other (income) expense, net:        
Other income, net (1,660) (712) (1,679) (746)
Interest expense 940 1,750 3,064 4,765
Other (income) expense, net (720) 1,038 1,385 4,019
Income before provision for income taxes 30,853 29,524 75,018 64,239
Provision for income taxes 6,987 7,321 16,872 15,023
Net income 23,866 22,203 58,146 49,216
Net income attributable to non-controlling interest 1,088 1,104 2,787 2,562
Net income attributable to Malibu Boats, Inc. 22,778 21,099 55,359 46,654
Other comprehensive income (loss), net of tax:        
Change in cumulative translation adjustment (2,078) 99 (2,086) (672)
Other comprehensive income (loss), net of tax (2,078) 99 (2,086) (672)
Comprehensive income, net of tax 21,788 22,302 56,060 48,544
Less: comprehensive income attributable to non-controlling interest, net of tax 993 1,111 2,692 2,527
Comprehensive income attributable to Malibu Boats, Inc., net of tax $ 20,795 $ 21,191 $ 53,368 $ 46,017
Weighted average shares outstanding used in computing net income per share:        
Basic (in shares) 20,630,741 20,901,547 20,684,034 20,805,912
Diluted (in shares) 20,775,108 21,007,933 20,827,958 20,943,548
Net income available to Class A Common Stock per share:        
Basic (in dollars per share) $ 1.11 $ 1.01 $ 2.68 $ 2.24
Diluted (in dollars per share) $ 1.09 $ 1.01 $ 2.66 $ 2.23