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Acquisitions (Tables)
 9 Months Ended
Mar. 31, 2020
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition The following table summarizes the purchase price allocation based on the estimated fair values of the assets acquired and liabilities of Pursuit assumed at the acquisition date:
Consideration:
Cash consideration paid$100,073  
Recognized amounts of identifiable assets acquired and (liabilities assumed), at fair value:
Inventories$8,332  
Other current assets350  
Property, plant and equipment17,454  
Identifiable intangible assets57,900  
Current liabilities(3,488) 
Fair value of assets acquired and liabilities assumed80,548  
Goodwill19,525  
Total purchase price$100,073  
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
The fair value estimates for the Company's identifiable intangible assets acquired as part of the acquisition are as follows:
Estimates of Fair ValueEstimated Useful Life (in years)
Definite-lived intangibles:
Dealer relationships$25,400  20
Total definite-lived intangibles25,400  
Indefinite-lived intangible:
Trade name32,500  
Total intangible assets$57,900  
Business Acquisition, Pro Forma Information The unaudited interim pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of fiscal year 2019 or the results that may occur in the future:
Three Months Ended March 31,Nine Months Ended March 31,
2020201920202019
Net sales$182,310  $199,918  $534,502  $530,836  
Net income 23,866  22,203  58,146  53,223  
Net income attributable to Malibu Boats, Inc.22,778  21,099  55,359  50,430  
Basic earnings per share$1.11  $1.01  $2.68  $2.42  
Diluted earnings per share$1.09  $1.01  $2.66  $2.41