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Acquisitions (Tables) | 12 Months Ended
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Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the purchase price allocation based on the estimated fair values of the assets acquired and liabilities assumed at the acquisition date:
Consideration: |
Cash consideration paid | $ | 150,675 |
Recognized amounts of identifiable assets acquired and (liabilities assumed), at fair value: |
Cash | $ | 248 |
Accounts receivable | 3,204 |
Inventories | 7,756 |
Other current assets | 194 |
Property, plant and equipment | 22,618 |
Identifiable intangible assets | 102,600 |
Other assets | 4,410 |
Current liabilities | (6,611) |
Deferred tax liabilities | (28,528) |
Other liabilities | (4,405) |
Fair value of assets acquired and liabilities assumed | 101,486 |
Goodwill | 49,189 |
Total purchase price | $ | 150,675 |
Schedule of Finite 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 Value |  | Estimated Useful Life (in years)
Definite-lived intangibles: |  |  |
Dealer relationships | $ | 47,900 |  |  | 20
Total definite-lived intangibles | 47,900 |  |  |
Indefinite-lived intangible: |  |  |
Trade name | 54,700 |  |  |
Total other intangible assets | $ | 102,600 |  |  |
Schedule of Business Acquisition, Pro Forma Information | The unaudited 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 2021 or the results that may occur in the future:
| Fiscal Year Ended June 30,
| 2023 |  | 2022 |  | 2021
Net sales | $ | 1,388,365 |  |  | $ | 1,214,877 |  |  | $ | 982,535 |
Net income | 107,910 |  |  | 163,430 |  |  | 116,598 |
Net income attributable to Malibu Boats, Inc. | 104,513 |  |  | 157,632 |  |  | 112,104 |
Basic earnings per share | $ | 5.10 |  |  | $ | 7.60 |  |  | $ | 5.40 |
Diluted earnings per share | $ | 5.06 |  |  | $ | 7.51 |  |  | $ | 5.34 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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