MALIBU BOATS, INC. MBUU Balance Sheet

Malibu boats, inc. (MBUU)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Jun'13
Assets
Current assets
Cash
134,162	27,707	32,345	27,392	15,489	23,903	72,169	61,623	53,156	36,731	18,424	32,822	32,295	25,909	16,293	25,921	19,068	14,917	10,859	8,387	7,285	12,048	17,810	12,173	5,321	0	15,957
Trade receivables, net
21,722	15,637	22,962	27,961	38,811	13,545	22,704	24,625	22,553	9,943	17,357	9,846	14,724	8,110	15,593	14,690	16,503	9,207	11,253	9,482	11,923	7,603	10,213	6,475	8,999	-	7,642
Inventories, net
88,865	76,783	75,286	67,768	74,043	68,465	52,784	44,268	43,761	44,273	42,751	23,835	27,365	23,412	24,293	20,431	24,046	24,357	23,966	20,393	21,571	21,403	17,352	12,890	17,346	-	11,639
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	509	550	590	-	415	715	451	500	328	-	0
Prepaid expenses and other current assets
6,018	5,989	6,075	4,530	4,979	5,979	3,718	3,298	4,448	4,539	4,937	2,470	2,311	2,227	2,269	2,707	3,135	2,994	1,431	1,370	1,892	1,528	1,884	2,272	1,239	-	223
Income tax receivable
-	-	-	-	137	1,363	209	100	136	1,065	26	1,111	0	36	392	965	-	-	-	0	-	-	-	-	-	-	-
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Total current assets
250,767	126,116	136,668	127,651	133,459	113,255	151,584	133,914	124,054	96,551	83,495	70,084	76,695	59,694	58,840	64,714	63,261	52,025	48,099	39,632	43,086	43,297	47,710	34,310	33,233	-	35,461
Property, plant and equipment, net
88,320	81,368	72,978	65,756	61,515	60,193	41,527	40,845	40,741	39,232	37,608	24,123	21,954	21,665	17,776	17,813	17,905	17,185	15,376	14,946	14,587	13,754	11,885	10,963	9,354	-	6,648
Goodwill
50,605	51,396	51,160	51,404	51,474	51,410	32,061	32,230	32,478	32,591	32,614	12,692	12,654	12,253	12,646	12,470	12,676	12,341	12,049	12,665	12,772	13,201	5,718	5,718	5,718	-	5,718
Other intangible assets, net
141,249	142,934	144,415	146,061	147,655	149,206	92,888	94,221	95,598	96,926	98,241	9,597	10,133	10,516	11,231	11,703	12,347	12,736	13,136	13,995	14,461	15,284	11,634	12,358	13,652	-	17,535
Deferred tax assets
53,016	57,586	58,926	60,407	62,078	64,566	66,164	64,105	61,275	62,801	109,410	107,088	113,480	111,622	112,892	115,594	102,497	104,549	105,512	118,974	55,053	57,351	58,762	21,452	18,634	-	0
Debt issuance costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	974	1,034	1,092	-	170	63	-	0	0	-	531
Other assets
14,707	15,305	15,658	35	251	313	443	453	420	282	113	79	108	30	30	32	48	45	41	102	105	106	-	0	34	-	34
Total assets
598,664	474,705	479,805	451,314	456,432	438,943	384,667	365,768	354,566	328,383	361,481	223,663	235,024	215,780	213,415	222,326	209,708	199,915	195,305	200,314	140,234	143,056	135,709	84,801	80,625	0	65,927
Liabilities
Current liabilities
Current maturities of long-term debt
-	-	-	-	-	-	-	-	0	0	0	-	0	0	1,117	8,000	8,000	7,500	7,000	6,500	-	-	-	0	14	-	3,326
Accounts payable
31,507	24,774	29,240	21,174	31,815	25,996	28,574	24,349	26,142	21,264	24,314	12,722	18,979	14,242	18,332	16,158	18,648	12,687	14,643	9,151	16,224	16,896	16,345	7,161	15,135	-	11,294
Accrued expenses
53,001	52,596	48,907	49,097	46,232	43,058	34,059	35,685	33,001	30,699	27,341	21,616	21,414	19,972	20,096	19,055	13,199	14,696	12,876	14,135	15,053	14,354	36,372	-	11,565	-	-
Compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,164	-	-	2,154
Warranties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,164	-	-	5,658
Dealer incentives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,404	-	-	2,709
Legal and professional fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,490	-	-	361
Litigation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000	-	-	0
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	462	-	-	3
Income taxes and tax distribution payable
639	494	3,280	1,469	1,067	335	2,563	1,420	2,748	534	1,152	515	1,803	1,254	523	427	296	468	921	784	2,092	1,068	924	2,121	-	-	0
Payable pursuant to tax receivable agreement, current portion
3,477	3,592	3,592	3,592	3,932	3,932	3,932	3,932	4,323	4,323	4,332	4,332	4,360	4,189	4,189	4,189	2,969	2,969	2,969	2,969	-	-	-	0	-	-	-
Deferred tax liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	995	-	-	0
Total current liabilities
88,624	81,456	85,019	75,332	83,046	73,321	69,128	65,386	66,214	56,820	57,139	39,185	46,556	39,657	44,257	47,829	43,112	38,320	38,409	33,539	33,369	32,318	53,641	42,961	26,714	-	25,505
Deferred tax liabilities
41	117	113	145	232	270	299	341	442	522	541	552	609	621	678	685	984	971	958	872	1,130	1,247	-	0	-	-	-
Other liabilities
15,901	16,772	17,099	1,689	1,405	704	599	569	668	630	394	328	275	302	895	1,136	958	447	823	275	253	255	131	134	137	-	145
Payable pursuant to tax receivable agreement, less current portion
49,067	50,162	50,162	50,162	53,082	53,667	53,667	51,114	51,750	51,525	80,693	77,959	90,612	89,896	89,561	89,561	93,619	93,619	93,619	93,501	47,664	47,664	47,664	13,636	13,636	-	0
Long-term debt
192,738	93,837	113,735	113,633	128,769	143,676	108,581	108,487	108,393	108,301	108,207	53,403	55,152	55,092	55,030	63,086	66,000	68,000	70,000	70,842	10,000	20,000	-	0	0	-	20,263
Total liabilities
346,371	242,344	266,128	240,961	266,534	271,638	232,274	225,897	227,467	217,798	246,974	171,427	193,204	185,568	190,421	202,297	204,673	201,357	203,809	199,029	92,416	101,484	101,436	56,731	40,487	-	45,913
Commitments and contingencies
-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0
Stockholders' Equity
Preferred Stock, par value $0.01 per share; 25,000,000 shares authorized; no shares issued and outstanding as of March 31, 2020 and June 30, 2019
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid in capital
102,284	103,291	102,400	113,004	112,286	111,347	110,685	108,360	107,692	106,996	106,719	48,328	50,545	46,168	44,571	45,947	34,237	34,523	33,359	45,529	31,551	31,175	27,859	23,835	22,720	0	0
Accumulated other comprehensive loss
-4,914	-2,836	-3,451	-2,828	-2,656	-2,755	-2,388	-1,984	-1,397	-1,129	-1,702	-1,363	-2,093	-2,960	-2,114	-2,471	-2,044	-2,730	-3,338	-2,081	-2,019	-1,161	-	0	-	-	-
Accumulated earnings
147,508	124,730	108,008	93,852	74,441	53,346	39,087	27,789	15,350	-380	6,003	151	-9,585	-17,659	-24,522	-28,302	-31,869	-37,652	-42,719	-46,239	4,332	-33	-3,296	-4,676	-370	-	5,913
Total stockholders' equity attributable to Malibu Boats, Inc.
245,082	225,389	207,160	204,235	184,278	162,145	147,590	134,369	121,849	105,691	111,222	47,295	39,046	25,727	18,111	15,350	503	-5,680	-12,520	-2,613	34,019	30,136	24,716	19,269	22,460	-	20,014
Non-controlling interest
7,211	6,972	6,517	6,118	5,620	5,160	4,803	5,502	5,250	4,894	3,285	4,941	2,774	4,485	4,883	4,679	4,532	4,238	4,016	3,898	13,799	11,436	9,557	8,801	17,678	-	0
Total stockholders’ equity
252,293	232,361	213,677	210,353	189,898	167,305	152,393	139,871	127,099	110,585	114,507	52,236	41,820	30,212	22,994	20,029	5,035	-1,442	-8,504	1,285	47,818	41,572	34,273	28,070	40,138	-	20,014
Total liabilities and stockholders' equity
598,664	474,705	479,805	451,314	456,432	438,943	384,667	365,768	354,566	328,383	361,481	223,663	235,024	215,780	213,415	222,326	209,708	199,915	195,305	200,314	140,234	143,056	135,709	84,801	80,625	0	65,927
Preferred stock, par value (in dollars per share)
0.01	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares authorized (in shares)
25,000	-	-	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares issued (in shares)
0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares outstanding (in shares)
0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Malibu Boat LLC [Member]
Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,531	-
Trade receivables, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,683	-
Inventories, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,992	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,250	-
Total current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,456	-
Property and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,246	-
Goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,718	-
Other intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,946	-
Debt issuance costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	915	-
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39	-
Total assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54,320	-
Current maturities of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,098	-
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,999	-
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,532	-
Total current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,629	-
Deferred gain on sale-leaseback
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	140	-
Payable pursuant to tax receivable agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Total debt less current maturities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59,312	-
Total liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85,081	-
Preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Additional paid in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Accumulated earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,310	-
Total members’ and stockholders’ (deficit) equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-30,761	-
Total liabilities and equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54,320	-
Class A Common Stock
Common stock
204	204	203	207	207	207	-	204	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Common stock, par value (in dollars per share)
0.01	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares authorized (in shares)
100,000	-	-	100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B Common Stock
Common stock
0	0	0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Common stock, par value (in dollars per share)
0.01	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares authorized (in shares)
25,000	-	-	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pro Forma [Member]
Preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Additional paid in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-47,242	-
Accumulated earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,310	-
Total members’ and stockholders’ (deficit) equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-30,761	-