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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]        
Net sales $ 273,162 $ 182,310 $ 649,793 $ 534,502
Cost of sales 201,134 136,461 482,535 408,784
Gross profit 72,028 45,849 167,258 125,718
Operating expenses:        
Selling and marketing 4,667 4,572 12,280 14,304
General and administrative 18,402 9,643 45,092 30,389
Amortization 2,094 1,501 5,142 4,622
Operating income 46,865 30,133 104,744 76,403
Other (income) expense, net:        
Other income, net (7) (1,660) (29) (1,679)
Interest expense 796 940 1,797 3,064
Other (income) expense, net 789 (720) 1,768 1,385
Income before provision for income taxes 46,076 30,853 102,976 75,018
Provision for income taxes 10,941 6,987 23,656 16,872
Net income 35,135 23,866 79,320 58,146
Net income attributable to non-controlling interest 1,339 1,088 3,206 2,787
Net income attributable to Malibu Boats, Inc. 33,796 22,778 76,114 55,359
Comprehensive income:        
Net income 35,135 23,866 79,320 58,146
Other comprehensive income (loss):        
Change in cumulative translation adjustment (262) (2,078) 1,790 (2,086)
Other comprehensive income (loss) (262) (2,078) 1,790 (2,086)
Comprehensive income 34,873 21,788 81,110 56,060
Less: comprehensive income attributable to non-controlling interest 1,329 993 3,282 2,692
Comprehensive income attributable to Malibu Boats, Inc. $ 33,544 $ 20,795 $ 77,828 $ 53,368
Weighted average shares outstanding used in computing net income per share:        
Basic (in shares) 20,799,405 20,630,741 20,722,339 20,684,034
Diluted (in shares) 21,032,360 20,775,108 20,939,927 20,827,958
Net income available to Class A Common Stock per share        
Basic (in dollars per share) $ 1.62 $ 1.11 $ 3.67 $ 2.68
Diluted (in dollars per share) $ 1.61 $ 1.09 $ 3.63 $ 2.66