Net Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2022

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,
	2022		2021		2020
Basic:
Net income attributable to Malibu Boats, Inc.	$	157,632	$	109,841	$	61,562
Shares used in computing basic net income per share:
Weighted-average Class A Common Stock	20,511,571		20,528,723		20,455,895
Weighted-average participating restricted stock units convertible into Class A Common Stock	237,666		223,929		206,855
Basic weighted-average shares outstanding	20,749,237		20,752,652		20,662,750
Basic net income per share	$	7.60	$	5.29	$	2.98

Diluted:
Net income attributable to Malibu Boats, Inc.	$	157,632	$	109,841	$	61,562
Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding	20,749,237		20,752,652		20,662,750
Restricted stock units granted to employees	116,874		123,179		131,314
Weighted-average stock options convertible into Class A Common Stock	47,525		76,844		15,721
Weighted-average market performance awards convertible into Class A Common Stock	72,620		58,412		42,576
Diluted weighted-average shares outstanding 1	20,986,256		21,011,087		20,852,361
Diluted net income per share	$	7.51	$	5.23	$	2.95

1 The Company excluded 686,178, 685,271, and 826,250 potentially dilutive shares from the calculation of diluted net income per share for the fiscal year ended June 30, 2022, 2021, and 2020, respectively, as these units would have been antidilutive.