XML 58 R42.htm IDEA: XBRL DOCUMENT v3.21.2
Net Earnings Per Share (Tables)
12 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income per Share
Basic and diluted net income per share of Class A Common Stock has been computed as follows (in thousands, except share and per share amounts):
Fiscal Year Ended June 30,
202120202019
Basic:
Net income attributable to Malibu Boats, Inc.$109,841 $61,562 $66,066 
Shares used in computing basic net income per share:
Weighted-average Class A Common Stock20,528,723 20,455,895 20,645,973 
Weighted-average participating restricted stock units convertible into Class A Common Stock223,929 206,855 186,472 
Basic weighted-average shares outstanding20,752,652 20,662,750 20,832,445 
Basic net income per share$5.29 $2.98 $3.17 
Diluted:
Net income attributable to Malibu Boats, Inc.$109,841 $61,562 $66,066 
Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding20,752,652 20,662,750 20,832,445 
Restricted stock units granted to employees123,179 131,314 119,476 
Weighted-average stock options convertible into Class A Common Stock76,844 15,721 14,618 
Weighted-average market performance awards convertible into Class A Common Stock58,412 42,576 — 
Diluted weighted-average shares outstanding 1
21,011,087 20,852,361 20,966,539 
Diluted net income per share$5.23 $2.95 $3.15 
1 The Company excluded 685,271, 826,250, and 930,125 potentially dilutive shares from the calculation of diluted net income per share for the fiscal year ended June 30, 2021, 2020, and 2019, respectively, as these units would have been antidilutive.