Net Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2023

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):


	Three Months Ended March 31,				Nine Months Ended March 31,
	2023		2022		2023		2022
Basic:
Net income attributable to Malibu Boats, Inc.	$	51,888	$	52,878	$	121,933	$	109,713
Shares used in computing basic net income per share:
Weighted-average Class A Common Stock	20,272,141		20,535,856		20,212,076		20,607,085
Weighted-average participating restricted stock units convertible into Class A Common Stock	261,508		241,656		253,458		235,955
Basic weighted-average shares outstanding	20,533,649		20,777,512		20,465,534		20,843,040
Basic net income per share	$	2.53	$	2.54	$	5.96	$	5.26

Diluted:
Net income attributable to Malibu Boats, Inc.	$	51,888	$	52,878	$	121,933	$	109,713


Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding	20,533,649		20,777,512		20,465,534		20,843,040
Restricted stock units granted to employees	63,544		80,475		68,064		114,746
Stock options granted to employees	14,714		57,836		13,790		72,666
Market performance awards granted to employees	67,724		67,050		61,580		67,050
Diluted weighted-average shares outstanding 1	20,679,631		20,982,873		20,608,968		21,097,502
Diluted net income per share	$	2.51	$	2.51	$	5.92	$	5.20

1 The Company excluded (i) 494,972 and 660,113 potentially dilutive shares from the calculation of diluted net income per share for the three months ended March 31, 2023 and 2022, respectively, and (ii) 531,519 and 660,113 potentially dilutive shares from the calculation of diluted net income per share for the nine months ended March 31, 2023 and 2022, respectively.