Mastercraft boat holdings, inc. (MCFT)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15
ASSETS
CURRENT ASSETS:
Cash and cash equivalents

40,991

5,448

6,411

5,826

5,461

18,494

6,093

7,909

8,500

6,250

12,680

4,038

12,567

6,366

212

73

21,571

15,641

7,838

1,167

Accounts receivable, net of allowances of $340 and $281, respectively

10,148

4,383

9,287

12,463

17,669

6,394

9,310

5,515

5,975

1,917

6,705

3,500

6,666

2,464

4,943

2,966

4,325

1,753

4,060

2,653

Income tax receivable

5,703

1,762

1,415

951

429

1,057

676

-

61

-

-

-

1,264

581

253

5

59

474

-

-

Inventories, net (Note 4)

37,159

29,486

34,914

30,660

30,000

27,685

21,729

20,467

20,290

18,283

11,569

11,676

11,886

11,365

12,596

13,268

11,851

11,286

12,701

11,541

Prepaid expenses and other current assets

4,979

4,259

4,560

4,464

4,547

3,505

3,587

3,295

3,596

3,021

2,624

2,438

2,367

2,022

2,678

1,780

5,203

5,480

6,487

7,235

Deferred income taxes (Note 2 and 11)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,601

8,331

7,340

6,733

Total current assets

98,980

45,338

56,587

54,364

58,106

57,135

41,395

37,186

38,422

29,471

33,578

21,652

34,750

22,798

20,682

18,092

52,610

42,965

38,426

29,329

Property, plant and equipment, net

41,669

41,562

35,982

33,636

30,804

27,540

23,929

22,265

19,728

19,533

14,627

14,827

13,179

13,318

13,511

13,826

13,280

13,188

13,090

13,233

Intangible assets — net

-

-

-

-

83,786

84,773

50,516

-

51,566

52,090

16,616

16,643

16,670

16,696

16,723

16,750

16,805

16,860

16,916

16,971

Goodwill (Note 6)

29,593

74,030

74,030

74,030

101,760

101,389

65,792

65,792

66,713

66,818

29,593

29,593

29,593

29,593

29,593

29,593

29,593

29,593

29,593

29,593

Other intangible assets, net (Note 6)

64,836

77,824

78,811

79,799

-

-

-

51,046

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

13,792

5,559

6,090

6,240

-

-

-

-

-

-

-

-

224

-

-

3,501

-

-

-

-

Deferred debt issuance costs, net

371

398

424

451

477

508

361

383

406

428

451

481

511

542

571

601

326

371

371

425

Finance lease assets (Note 8)

-

-

4,115

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease assets (Note 8)

779

861

942

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

1,399

2,271

-

-

-

-

-

Other long-term assets

248

246

253

253

256

252

253

252

297

302

125

125

80

170

170

170

182

125

125

125

Total assets

250,268

245,818

257,234

248,773

275,189

271,597

182,246

176,924

177,132

168,642

94,990

83,321

95,007

84,516

83,521

82,533

112,796

103,102

98,521

89,676

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable

14,008

9,637

16,974

17,974

20,684

13,945

18,609

17,266

18,082

12,800

15,678

11,008

13,771

11,685

12,993

13,112

13,135

9,509

13,250

14,808

Income tax payable

-

-

-

426

1,213

-

-

705

1,280

2,413

2,777

780

412

359

248

1,108

999

-

1,531

224

Accrued expenses and other current liabilities (Note 5)

42,912

38,803

41,581

41,421

42,337

39,491

29,555

27,866

30,343

27,446

20,368

21,410

27,378

20,433

21,592

22,276

23,150

20,580

20,048

21,313

Common stock warrant liability (Note 15)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

217

258

225

9,147

Current portion of long-term debt, net of unamortized debt issuance costs (Note 7)

9,004

8,994

8,734

8,725

9,495

10,645

5,521

5,069

5,101

5,072

4,182

3,687

4,778

4,772

4,766

7,885

-

-

-

18,275

Total current liabilities

65,924

57,434

67,289

68,546

73,729

64,081

53,685

50,906

54,806

47,731

43,005

36,885

46,339

37,249

39,599

44,381

37,501

30,347

35,054

63,767

Long-term debt, net of unamortized debt issuance costs (Note 7)

129,429

96,683

105,121

105,016

116,422

135,520

68,084

70,087

80,946

89,905

29,376

30,790

40,757

41,954

43,149

44,342

-

-

-

60,487

Operating lease liabilities (Note 8)

445

529

613

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes (Note 12)

-

-

-

-

551

977

205

1,427

172

266

361

953

-

-

-

-

-

-

-

-

Unrecognized tax positions

3,114

3,262

3,102

2,895

2,628

2,294

2,097

1,982

2,134

3,439

3,220

2,932

2,653

2,496

2,304

2,189

2,262

1,519

543

519

Deferred income taxes (Note 2 and 11)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,406

6,661

7,045

7,156

Total liabilities

198,912

157,908

176,125

176,457

193,330

202,872

124,071

124,402

138,058

141,341

75,962

71,560

89,749

81,699

85,052

90,912

46,169

38,527

42,642

131,929

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

-

0

STOCKHOLDERS' EQUITY:
Common stock, $.01 par value per share — authorized, 100,000,000 shares; issued and outstanding, 18,872,119 shares at March 29, 2020 and 18,764,037 shares at June 30, 2019

189

189

189

188

187

187

187

187

187

187

186

186

186

186

186

186

176

180

180

111

Additional paid-in capital

115,832

115,673

115,751

115,582

115,065

114,694

114,331

114,052

113,748

113,429

113,166

112,945

112,757

112,557

112,240

112,375

112,215

115,053

108,227

8,841

Accumulated deficit

-64,665

-27,952

-34,831

-43,454

-33,393

-46,156

-56,343

-61,717

-74,861

-86,315

-94,324

-101,370

-107,685

-109,926

-113,957

-120,940

-45,764

-50,658

-52,528

-51,205

Total stockholders' equity

51,356

87,910

81,109

72,316

81,859

68,725

58,175

52,522

39,074

27,301

19,028

11,761

5,258

2,817

-1,531

-8,379

66,627

64,575

55,879

-42,253

Total liabilities and stockholders' equity

250,268

245,818

257,234

248,773

275,189

271,597

182,246

176,924

177,132

168,642

94,990

83,321

95,007

84,516

83,521

82,533

112,796

103,102

98,521

89,676