MALIBU BOATS, INC. MBUU Income Statement

Malibu boats, inc. (MBUU)

Income statement / Yearly

Jun'19	Jun'18	Jun'17	Jun'16	Jun'15	Jun'14	Jun'13	Jun'12
Net sales
684,016	497,002	281,937	252,965	228,621	190,935	167,012	140,892
Cost of sales
517,746	376,660	206,899	186,145	168,192	140,141	123,412	110,849
Gross profit
166,270	120,342	75,038	66,820	60,429	50,794	43,600	30,043
Operating expenses:
Selling and marketing
17,946	13,718	8,619	7,475	7,007	6,098	4,937	4,071
General and administrative
44,256	31,359	24,783	21,256	19,809	39,974	14,177	8,307
Amortization
5,956	5,198	2,198	2,185	2,463	5,177	5,178	5,178
Operating income
98,112	70,067	39,438	35,904	31,150	-455	19,308	12,487
Other (income) expense, net:
Other income, net
149	24,705	10,789	76	1,650	9	1,324	1,381
Interest expense
6,464	5,385	1,559	3,884	954	2,962	1,334	1,433
Other (income) expense, net
-6,315	19,320	9,230	-3,808	696	-2,953	10	52
Income before provision for income taxes
91,797	89,387	48,668	32,096	31,846	-3,408	17,984	11,106
Provision for income taxes
22,096	58,418	17,593	11,801	8,663	-2,220	0	0
Net income
69,701	30,969	31,075	20,295	23,183	-1,188	17,984	11,106
Net income before non-controlling interest and provision for income taxes
91,797	89,387	48,668	32,096	31,846	-	-	-
Pro forma provision for income taxes (at 37.3% assumed effective tax rate for Malibu Boats, Inc.)
22,096	58,418	17,593	11,801	8,663	-	-	-
Net income attributable to non-controlling interest
3,635	3,356	2,717	2,253	8,522	3,488	17,984	11,106
Net income attributable to Malibu Boats, Inc.
66,066	27,613	28,358	18,042	14,661	-4,676	0	0
Comprehensive income:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
69,701	30,969	31,075	20,295	23,183	-1,188	17,984	11,106
Other comprehensive income (loss), net of tax:
Change in cumulative translation adjustment
-844	-621	469	-390	-2,081	0	0	-
Other comprehensive income (loss), net of tax
-844	-621	469	-390	-2,081	0	0	-
Comprehensive income, net of tax
68,857	30,348	31,544	19,905	21,102	-1,188	17,984	-
Less: comprehensive income attributable to non-controlling interest, net of tax
3,591	3,328	2,758	2,214	7,757	3,488	17,984	-
Comprehensive income attributable to Malibu Boats, Inc., net of tax
65,266	27,020	28,786	17,691	13,345	-4,676	0	-
Basic (in shares)
20,832	20,179	17,846	17,934	15,732	-	-	-
Diluted (in shares)
20,966	20,281	17,951	17,985	15,741	-	-	-
Net income available to Class A Common Stock per share:
Basic (in dollars per share)
3.17	1.37	1.59	1.01	0.93	-	-	-
Diluted (in dollars per share)
3.15	1.36	1.58	1.00	0.93	-	-	-