Malibu Boats (MBUU) 10-K 29 Aug 24 2024 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2024	Aug. 23, 2024	Dec. 31, 2023
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2024
Current Fiscal Year End Date	--06-30
Document Transition Report	false
Entity File Number	001-36290
Entity Registrant Name	MALIBU BOATS, INC.
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	5075 Kimberly Way
Entity Address, City or Town	Loudon
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37774
Entity Tax Identification Number	46-4024640
City Area Code	865
Local Phone Number	458-5478
Title of 12(b) Security	Class A Common Stock, par value $0.01
Trading Symbol	MBUU
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Smaller Reporting Company	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Public Float			$ 1,088.5
Documents Incorporated by Reference	Portions of the registrant’s Proxy Statement for the 2024 Annual Meeting of Stockholders are incorporated into Part III of this Annual Report on Form 10-K where indicated. Such proxy statement will be filed with the Securities and Exchange Commission within 120 days of the registrant’s fiscal year ended June 30, 2024.
Entity Central Index Key	0001590976
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		20,012,691
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		12

Audit Information

Audit Information	12 Months Ended
	Jun. 30, 2024
Audit Information [Abstract]
Auditor Location	Knoxville, TN
Auditor Name	KPMG LLP
Auditor Firm ID	185

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Net sales	$ 829,035	$ 1,388,365	$ 1,214,877
Cost of sales	681,940	1,037,070	904,826
Gross profit	147,095	351,295	310,051
Operating expenses:
Selling and marketing	22,784	24,009	22,900
General and administrative	76,323	175,694	66,371
Goodwill and other intangible asset impairment	88,389	0	0
Abandonment of construction in process	8,735	0	0
Amortization	6,811	6,808	6,957
Operating (loss) income	(55,947)	144,784	213,823
Other expense (income), net:
Other expense (income), net	(4)	331	983
Interest expense	1,842	2,962	2,875
Other expense, net	1,838	3,293	3,858
(Loss) income before (benefit) provision for income taxes	(57,785)	141,491	209,965
(Benefit) provision for income taxes	(1,342)	33,581	46,535
Net (loss) income	(56,443)	107,910	163,430
Net (loss) income attributable to non-controlling interest	(531)	3,397	5,798
Net (loss) income attributable to Malibu Boats, Inc.	(55,912)	104,513	157,632
Comprehensive (loss) income:
Net (loss) income	(56,443)	107,910	163,430
Other (loss) comprehensive income
Change in cumulative translation adjustment	142	(833)	(1,868)
Other comprehensive income (loss)	142	(833)	(1,868)
Comprehensive (loss) income	(56,301)	107,077	161,562
Less: comprehensive (loss) income attributable to non-controlling interest, net of tax	(516)	3,371	5,731
Comprehensive (loss) income attributable to Malibu Boats, Inc., net of tax	$ (55,785)	$ 103,706	$ 155,831
Weighted average shares outstanding used in computing net (loss) income per share:
Basic (in shares)	20,439,449	20,501,844	20,749,237
Diluted (in shares)	20,439,449	20,641,173	20,986,256
Net (loss) income available to Class A Common Stock per share:
Basic (in dollars per share)	$ (2.74)	$ 5.10	$ 7.60
Diluted (in dollars per share)	$ (2.74)	$ 5.06	$ 7.51

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Current assets
Cash	$ 26,945	$ 78,937
Trade receivables, net	23,141	68,381
Inventories, net	145,573	171,189
Prepaid expenses and other current assets	6,470	7,827
Total current assets	202,129	326,334
Property, plant and equipment, net	244,601	204,792
Goodwill	51,415	100,577
Other intangible assets, net	175,449	221,458
Deferred tax assets	58,097	62,573
Other assets	7,933	10,190
Total assets	739,624	925,924
Current liabilities
Accounts payable	19,152	40,402
Accrued expenses	119,430	187,078
Income tax and distribution payable	4	847
Payable pursuant to tax receivable agreement, current portion	0	4,111
Total current liabilities	138,586	232,438
Deferred tax liabilities	17,661	28,453
Other liabilities	8,045	9,926
Payable pursuant to tax receivable agreement, less current portion	40,613	39,354
Total liabilities	204,905	310,171
Commitments and contingencies (See Note 17)
Stockholders' Equity
Preferred Stock, par value $0.01 per share; 25,000,000 shares authorized; no shares issued and outstanding as of June 30, 2024; no shares issued and outstanding as of June 30, 2023	0	0
Additional paid in capital	64,222	86,321
Accumulated other comprehensive loss, net of tax	(4,198)	(4,340)
Accumulated earnings	469,785	525,697
Total stockholders' equity attributable to Malibu Boats, Inc.	530,009	607,882
Non-controlling interest	4,710	7,871
Total stockholders’ equity	534,719	615,753
Total liabilities and stockholders' equity	739,624	925,924
Class A Common Stock
Stockholders' Equity
Common stock	200	204
Class B Common Stock
Stockholders' Equity
Common stock	$ 0	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2024	Jun. 30, 2023
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	25,000,000	25,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Class A Common Stock
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	20,181,542	20,603,822
Common stock, shares, outstanding (in shares)	20,181,542	20,603,822
Class B Common Stock
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, shares issued (in shares)	12	12
Common stock, shares, outstanding (in shares)	12	12

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Additional Paid In Capital	Accumulated Other Comprehensive Loss, net of tax	Accumulated Earnings	Non-controlling Interest in LLC	Class A Common Stock	Class A Common Stock Common Stock	Class B Common Stock	Class B Common Stock Common Stock
Beginning balance (in shares) at Jun. 30, 2021							20,847,000		10
Beginning balance at Jun. 30, 2021	$ 381,154	$ 111,308	$ (1,639)	$ 263,552	$ 7,726		$ 207		$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	163,430			157,632	5,798
Stock based compensation, net of withholding taxes on vested equity awards (in shares)							95,000
Stock based compensation, net of withholding taxes on vested equity awards	4,197	4,196					$ 1
Issuances of equity for services (in shares)							1,000
Issuances of equity for services	$ 1,140	1,140
Issuance of equity for exercise of options (in shares)	112,500						113,000
Issuance of equity for exercise of options	$ 3,287	3,286					$ 1
Repurchase and retirement of common stock (in shares)							(555,000)
Repurchase and retirement of common stock	(34,642)	(34,636)					$ (6)
Distributions to LLC Unit holders	(3,076)				(3,076)
Foreign currency translation adjustment	(1,922)		(1,868)		(54)
Ending balance (in shares) at Jun. 30, 2022							20,501,000	10	10
Ending balance at Jun. 30, 2022	513,568	85,294	(3,507)	421,184	10,394		$ 203		$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	107,910			104,513	3,397
Stock based compensation, net of withholding taxes on vested equity awards (in shares)							68,000
Stock based compensation, net of withholding taxes on vested equity awards	2,710	2,709					$ 1
Issuances of equity for services (in shares)							2,000
Issuances of equity for services	$ 1,194	1,194
Issuance of equity for exercise of options (in shares)	31,250						31,000
Issuance of equity for exercise of options	$ 1,317	1,317					$ 0
Repurchase and retirement of common stock (in shares)							(144,000)
Repurchase and retirement of common stock	(7,868)	(7,867)					$ (1)
Increase in payable pursuant to the tax receivable agreement	(1,710)	(1,710)
Increase in deferred tax asset from step-up in tax basis	2,619	2,619
Exchange of LLC Units for Class A Common Stock (in shares)							145,000
Exchange of LLC Units for Class A Common Stock	1	2,765			(2,765)		$ 1
Issuances of Class B Common Stock (in shares)								2	2
Distributions to LLC Unit holders	(3,131)				(3,131)
Foreign currency translation adjustment	(857)		(833)		(24)
Ending balance (in shares) at Jun. 30, 2023						20,603,822	20,603,000	12	12
Ending balance at Jun. 30, 2023	615,753	86,321	(4,340)	525,697	7,871		$ 204		$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(56,443)			(55,912)	(531)
Stock based compensation, net of withholding taxes on vested equity awards (in shares)							131,000
Stock based compensation, net of withholding taxes on vested equity awards	3,398	3,397					$ 1
Issuances of equity for services (in shares)							12,000
Issuances of equity for services	$ 1,179	1,179
Issuance of equity for exercise of options (in shares)	0
Repurchase and retirement of common stock (in shares)							(699,000)
Repurchase and retirement of common stock	$ (29,843)	(29,836)					$ (7)
Increase in payable pursuant to the tax receivable agreement	(1,320)	(1,320)
Increase in deferred tax asset from step-up in tax basis	1,960	1,960
Exchange of LLC Units for Class A Common Stock (in shares)							135,000
Exchange of LLC Units for Class A Common Stock	2	2,521			(2,521)		$ 2
Distributions to LLC Unit holders	(114)				(114)
Foreign currency translation adjustment	147		142		5
Ending balance (in shares) at Jun. 30, 2024						20,181,542	20,182,000	12	12
Ending balance at Jun. 30, 2024	$ 534,719	$ 64,222	$ (4,198)	$ 469,785	$ 4,710		$ 200		$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Operating activities:
Net (loss) income	$ (56,443)	$ 107,910	$ 163,430
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Non-cash compensation expense	4,935	5,894	6,342
Non-cash compensation to directors	1,512	1,136	1,054
Depreciation	26,178	21,912	19,365
Amortization	6,811	6,808	6,957
Deferred income taxes	(4,355)	(16,158)	4,793
Adjustment to tax receivable agreement liability	36	188	1,025
Other items, net	2,217	1,680	1,350
Goodwill and other intangible asset impairment	88,389	0	0
Abandonment of construction in process	8,735	0	0
Change in operating assets and liabilities (excluding effects of acquisition):
Trade receivables	45,257	(16,804)	(1,777)
Inventories	25,702	(14,362)	(38,050)
Prepaid expenses and other assets	1,668	(1,705)	(1,303)
Accounts payable	(20,612)	(5,148)	(287)
Income taxes receivable and payable	(708)	6	(794)
Accrued expenses	(67,634)	99,326	10,579
Other liabilities	(1,922)	(1,976)	(4,140)
Payment pursuant to tax receivable agreement	(4,208)	(3,974)	(3,698)
Net cash provided by operating activities	55,558	184,733	164,846
Investing activities:
Purchases of property and equipment	(75,962)	(54,840)	(55,064)
Proceeds from sale of property and equipment	120	202	9
Payment for acquisition, net of cash acquired	0	0	(6,566)
Net cash used in investing activities	(75,842)	(54,638)	(61,621)
Financing activities:
Proceeds from revolving credit facility	75,000	241,700	72,000
Payments on revolving credit facility	(75,000)	(338,700)	(20,000)
Principal payments on long-term borrowings	0	(23,125)	(76,250)
Payment of deferred financing costs	0	(1,362)	0
Proceeds received from exercise of stock options	0	1,317	3,287
Cash paid for tax withholdings	(1,489)	(3,135)	(2,058)
Distributions to non-controlling LLC Unit holders	(890)	(3,401)	(2,717)
Repurchase and retirement of Class A Common Stock	(29,316)	(7,868)	(34,642)
Net cash used in financing activities	(31,695)	(134,574)	(60,380)
Effect of exchange rate changes on cash	(13)	(328)	(580)
Changes in cash	(51,992)	(4,807)	42,265
Cash—Beginning of period	78,937	83,744	41,479
Cash—End of period	26,945	78,937	83,744
Supplemental cash flow information:
Cash paid for interest	3,046	3,061	2,294
Cash paid for income taxes	3,529	50,515	42,064
Income tax refunds	(1,404)	0	0
Non-cash operating, investing and financing activities:
Establishment of deferred tax assets from step-up in tax basis	1,960	2,619	0
Establishment of amounts payable under tax receivable agreements	1,320	1,710	0
Exchange of LLC Units for Class A Common Stock	2,521	2,765	0
Tax distributions payable to non-controlling LLC Unit holders	0	776	1,045
Repurchase/retirement of common stock not settled	527	0	0
Capital expenditures in accounts payable	$ 1,045	$ 2,207	$ 1,032

Organization, Basis of Presenta

Organization, Basis of Presentation, and Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Organization, Basis of Presentation, and Summary of Significant Accounting Policies	Organization, Basis of Presentation, and Summary of Significant Accounting Policies Organization Malibu Boats, Inc. (“MBI”, and together with its subsidiaries, the “Company” or "Malibu"), a Delaware corporation formed on November 1, 2013, is the sole managing member of Malibu Boats Holdings, LLC, a Delaware limited liability company (the "LLC"). The Company operates and controls all of the LLC's business and affairs and, therefore, pursuant to Financial Accounting Standards Board ("FASB") Accounting Standards Codification (“ASC”) Topic 810, Consolidation , consolidates the financial results of the LLC and its subsidiaries, and records a non-controlling interest for the economic interest in the Company held by the non-controlling holders of units in the LLC ("LLC Units"). The LLC was formed in 2006. The LLC, through its wholly owned subsidiary, Malibu Boats, LLC, (“Boats LLC”), is engaged in the design, engineering, manufacturing and marketing of innovative, high-quality, recreational powerboats that are sold through a world-wide network of independent dealers. The Company sells its boats under eight brands -- Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes and Cobalt brands. The Company reports its results of operations under three reportable segments -- Malibu, Saltwater Fishing and Cobalt. Basis of Presentation The accompanying consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP"). Units and shares are presented as whole numbers while all dollar amounts are presented in thousands, unless otherwise noted. Principles of Consolidation The accompanying consolidated financial statements include the operations and accounts of the Company and all subsidiaries thereof. All intercompany balances and transactions have been eliminated upon consolidation. Segment Reporting The Company has three reportable segments, Malibu, Saltwater Fishing and Cobalt. The Malibu segment participates in the manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Saltwater Fishing segment participates in the manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group boats (Maverick, Cobia, Pathfinder and Hewes). The Cobalt segment participates in the manufacturing, distribution, marketing and sale of Cobalt boats throughout the world. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could be material. Certain Significant Risks and Uncertainties The Company is subject to those risks common in manufacturing-driven markets, including, but not limited to, competitive forces, dependence on key personnel, consumer demand for its products, the successful protection of its proprietary technologies, compliance with government regulations and the possibility of not being able to obtain additional financing if and when needed. Concentration of Credit and Business Risk A majority of the Company’s sales are made pursuant to floor plan financing programs in which the Company participates on behalf of its dealers through a contingent repurchase agreement with various third-party financing institutions. Under these arrangements, a dealer establishes a line of credit with one or more of these third-party lenders for the purchase of dealer boat inventory. When a dealer purchases and takes delivery of a boat pursuant to a floor plan financing arrangement, it draws against its line of credit and the lender pays the invoice cost of the boat directly to the Company within approximately two weeks. For dealers that use local floor plan financing programs or pay cash, the Company may extend credit without collateral under the dealer agreement based on the Company’s evaluation of the dealer’s credit risk and past payment history. The Company maintains allowances for potential credit losses that it believes are adequate. See Trade Accounts Receivable section within this footnote for more information. The Company’s top ten dealers represented 40.4%, 41.1% and 39.9%, of the Company’s net sales for the fiscal years ended June 30, 2024, 2023 and 2022, respectively. Sales to the Company's dealers under common control of OneWater Marine, Inc. represented approximately 23.7%, 17.2% and 16.8% of the Company's consolidated net sales in the fiscal years ended June 30, 2024, 2023, and 2022 respectively. Sale s to our former dealers under common control of Tommy's Boats represented approximately 2.4%, 10.7% and 9.4% of our consolidated net sales in the fiscal years ended June 30, 2024, 2023 and 2022 respectively Cash The Company considers all highly liquid investments purchased with an original maturity of 90 days or less to be cash equivalents. Cash equivalents are stated at cost, which approximates fair value. As of June 30, 2024 and 2023, no highly liquid investments were held and the entire balance consists of cash. At June 30, 2024 and 2023, substantially all cash on hand was held by two financial institutions. This cash on deposit may be, at times, in excess of insurance limits provided by the FDIC. Trade Accounts Receivable Trade receivables are carried at original invoice amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. As of June 30, 2024 and 2023, the allowance for doubtful receivables was $0. Management determines the allowance for doubtful accounts by identifying troubled accounts and by using historical experience applied to an aging of accounts. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are recorded when received. A trade receivable is considered to be past due if any portion of the receivable balance is outstanding beyond customer terms. Goodwill Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Goodwill amounts are not amortized, but rather are evaluated for potential impairment on an annual basis, as of June 30, in accordance with the provisions of ASC Topic 350, Intangibles—Goodwill and Other . Under the guidance, the Company may assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If this assessment indicates the possibility of impairment, the income approach to test for goodwill impairment would be used. Under the income approach, management calculates the fair value of its reporting units based on the present value of estimated future cash flows. If the fair value of an individual reporting unit exceeds the carrying value of the net assets including goodwill assigned to that unit, goodwill is not impaired. If the carrying value of the reporting unit’s net assets including goodwill exceeds the fair value of the reporting unit, then management determines the implied fair value of the reporting unit’s goodwill. If the carrying value of the reporting unit’s goodwill exceeds its implied fair value, then the Company would record an impairment loss equal to the difference. During the three months ended March 31, 2024, the Company determined certain indicators of potential impairment existed, warranting an interim impairment assessment of goodwill as of March 31, 2024. These indicators included a decline in the fiscal year 2024 and fiscal year 2025 forecast, in the outlook for sales and operating performance relative to our business plan and a deterioration in general macroeconomic conditions, including rising interest rates and inflationary pressures on labor and supply costs. As a result of these macroeconomic factors, specifically a decline in the fiscal year 2024 and fiscal year 2025 forecast, the Company performed a goodwill impairment analysis as of March 31, 2024 consistent with the Company’s approach for annual impairment testing, including similar models and inputs. Based on such analysis, the Company determined that its estimated fair value for the Maverick Boat Group reporting unit is less than its carrying value as of March 31, 2024 and the Company recognized an impairment charge of $49,189 for the three months ended March 31, 2024. For the fiscal year ended June 30, 2024, the Company performed a qualitative assessment on the remaining reporting units which indicated that the fair value of its reporting units more likely than not exceeded their respective carrying amounts. For the fiscal year ended June 30, 2023, the Company performed a quantitative assessment on the Maverick Boat Group reporting unit which indicated that the fair value of its reporting unit more likely than not exceeded its carrying amount. For the fiscal year ended June 30, 2023, the Company performed a qualitative assessment on the remaining reporting units which indicated that the fair value of its reporting units more likely than not exceeded their respective carrying amounts. The Company did not recognize any goodwill impairment charges in the fiscal years ended June 30, 2023 and 2022. Intangible Assets Intangible assets consist primarily of dealer relationships, product trade names, legal and contractual rights surrounding a patent and a non-compete agreement. These assets are recorded at their estimated fair values at the acquisition dates using the income approach. Definite-lived intangible assets are being amortized using the straight-line method based on their estimated useful lives ranging from 10 to 20 years. The estimated useful lives of dealer relationships consider the average length of dealer relationships at the time of acquisition, historical rates of dealer attrition and retention, the Company’s history of renewal and extension of dealer relationships, as well as competitive and economic factors resulting in a range of useful lives. The estimated useful lives of the Company’s trade names are based on a number of factors including the competitive environment. The estimated useful lives of legal and contractual rights are estimated based on the benefits that the patent provides for its remaining terms unless competitive, technological obsolescence or other factors indicate a shorter life. The useful life of the non-compete agreement is based on a ten-year agreement entered into by the Company and former owner of the Licensee as part of the acquisition. In addition, the Company has indefinite-lived intangible assets for acquired trade names. Management, assisted by third-party valuation specialists, determined the estimated fair values of separately identifiable intangible assets at the date of acquisition under the income approach. Significant data and assumptions used in the valuations included cost, market and income comparisons, discount rates, royalty rates and management forecasts. Discount rates for each intangible asset were selected based on judgment of relative risk and approximate rates of returns investors in the subject assets might require. The royalty rates were based on historical and projected sales and profits of products sold and management’s assessment of the intangibles’ importance to the sales and profitability of the product. Management provided forecasts of financial data pertaining to assets, liabilities and income statement balances to be utilized in the valuations. While management believes the assumptions, estimates, appraisal methods and ensuing results are appropriate and represent the best evidence of fair value in the circumstances, modification or use of other assumptions or methods could have yielded different results. The carrying amount of definite-lived intangible assets are reviewed whenever circumstances arise that indicate the carrying amount of an asset may not be recoverable. The carrying value of these assets is compared to the undiscounted future cash flows the assets are expected to generate. If the asset is considered to be impaired, the carrying value is compared to the fair value and this difference is recognized as an impairment loss. Intangible assets not subject to amortization are assessed for impairment at least annually and whenever events or changes in circumstances indicate that it is more likely than not that an asset may be impaired. The impairment test for indefinite-lived intangible assets consists of a comparison of the fair value of the intangible asset with its carrying amount. An impairment loss is recognized for the amount by which the carrying value exceeds the fair value of the asset. During the Company's interim impairment evaluation of indefinite-lived intangibles, the Company recorded an impairment charge to trade names of $39,200 for the three months ended March 31, 2024 related to the Maverick Boat Group reporting unit. The impairment was principally a result of a decline, in the fiscal year 2024 and fiscal year 2025 forecast, in the outlook for sales and operating performance relative to our business plan. This charge was included in Goodwill and other intangible asset impairment on the consolidated statements of operations and comprehensive (loss) income. No other intangible asset impairment loss was recorded. There was no impairment loss recognized on intangible assets for the fiscal years ended June 30, 2023 and 2022. Long-Lived Assets Other than Intangible Assets The Company assesses the potential for impairment of its long-lived assets if facts and circumstances, such as declines in sales, earnings, or cash flows or adverse changes in the business climate, suggest that they may be impaired. A current expectation that, more likely than not, a long-lived asset (asset group) will be sold or otherwise disposed of significantly before the end of its previously estimated useful life will also trigger a review for impairment. The Company performs its assessment by comparing the book value of the asset groups to the estimated future undiscounted cash flows associated with the asset groups. If any impairment in the carrying value of its long-lived assets is indicated, the assets would be adjusted to an estimate of fair value. The Company recognized $8,735 in abandonment of construction in process charges related to the ERP (Enterprise resource planning) project during the year ended June 30, 2024. The charges pertain to long-lived assets including software and other capitalized costs specifically tied to the project and is captured in the Abandonment of construction in process line of the Company's Consolidated Statements of Operations and Comprehensive (Loss) Income (see Note 6). Dealer Incentives The Company provides for various structured dealer rebate and sales promotions incentives, which are recognized as a component of sales in measuring the amount of consideration the Company expects to receive in exchange for transferring goods, at the time of sale to the dealer. Examples of such programs include rebates, seasonal discounts and other allowances. Dealer rebates and sales promotion expenses are estimated based on current programs and historical achievement and/or usage rates. Actual results may differ from these estimates if market conditions dictate the need to enhance or reduce sales promotion and incentive programs or if dealer achievement or other items vary from historical trends. Free floor financing incentives include payments to the lenders providing floor plan financing to the dealers or directly to the dealers themselves. Free floor financing incentives are estimated at the time of sale to the dealer based on the expected expense to the Company over the term of the free flooring period and are recognized as a reduction in sales. The Company accounts for both incentive payments directly to dealers and payment to third party lenders in this manner. Dealer incentives are included in accrued expenses on the Company's consolidated balance sheets. Changes in the Company’s accrual for dealer rebates were as follows: Fiscal Year Ended June 30, 2024 2023 2022 Balance at beginning of year $ 13,715 $ 15,852 $ 11,666 Add: Dealer rebate incentives 28,385 32,953 35,210 Less: Dealer rebates paid (14,618) (35,090) (31,024) Balance at end of year $ 27,482 $ 13,715 $ 15,852 Changes in the Company’s accrual for floor financing were as follows: Fiscal Year Ended June 30, 2024 2023 2022 Balance at beginning of year $ 1,134 $ 187 $ 121 Add: Flooring incentives 17,590 13,926 3,717 Less: Flooring paid (17,295) (12,979) (3,651) Balance at end of year $ 1,429 $ 1,134 $ 187 Tax Receivable Agreement As a result of exchanges of LLC Units into Class A Common Stock and purchases by the Company of LLC Units from holders of LLC Units, the Company will become entitled to a proportionate share of the existing tax basis of the assets of the LLC at the time of such exchanges or purchases. In addition, such exchanges or purchases of LLC Units are expected to result in increases in the tax basis of the assets of the LLC that otherwise would not have been available. These increases in tax basis may reduce the amount of tax that the Company would otherwise be required to pay in the future. These increases in tax basis may also decrease gains (or increase losses) on future dispositions of certain capital assets to the extent tax basis is allocated to those capital assets. In connection with the recapitalization the Company completed in connection with its IPO, the Company entered into a tax receivable agreement with the pre-IPO owners of the LLC that provides for the payment by the Company to the pre-IPO owners (or any permitted assignees) of 85% of the amount of the benefits, if any, that the Company deems to realize as a result of (i) increases in tax basis and (ii) certain other tax benefits, including those attributable to payments, under the tax receivable agreement. These contractual payment obligations are the Company's obligations and are not obligations of the LLC, and are accounted for in accordance with ASC 450, Contingencies , since the obligations were deemed to be probable and reasonably estimable. For purposes of the tax receivable agreement, the benefit deemed realized by the Company will be computed by comparing its actual income tax liability (calculated with certain assumptions) to the amount of such taxes that it would have been required to pay had there been no increase to the tax basis of the assets of the LLC as a result of the purchases or exchanges, and had the Company not entered into the tax receivable agreement. The timing and/or amount of aggregate payments due under the tax receivable agreement may vary based on a number of factors, including the amount and timing of the taxable income the Company generates in the future and the tax rate then applicable and amortizable basis. The term of the tax receivable agreement will continue until all such tax benefits have been utilized or expired, unless the Company exercises its right to terminate the tax receivable agreement for an amount based on the agreed payments remaining to be made under the agreement. In certain mergers, asset sales or other forms of business combinations or other changes of control, the Company (or its successor) would owe to the pre-IPO owners of the LLC (or any permitted assignees) a lump-sum payment equal to the present value of all forecasted future payments that would have otherwise been made under the tax receivable agreement that would be based on certain assumptions, including a deemed exchange of all LLC Units and that the Company would have had sufficient taxable income to fully utilize the deductions arising from the increased tax basis and other tax benefits related to entering into the tax receivable agreement. Income Taxes Malibu Boats, Inc. is taxed as a C corporation for U.S. income tax purposes and is therefore subject to both federal and state taxation at a corporate level. Following the IPO, the LLC continues to operate in the United States as a partnership for U.S. federal income tax purposes. Maverick Boat Group is taxed as a C corporation for U.S. income tax purposes and is separately subject to both federal and state taxation at a corporate level. The Company files various federal and state tax returns, including some returns that are consolidated with subsidiaries. The Company accounts for the current and deferred tax effects of such returns using the asset and liability method. Significant judgments and estimates are required in determining the Company's current and deferred tax assets and liabilities, which reflect management's best assessment of the estimated future taxes it will pay. These estimates are updated throughout the year to consider income tax return filings, its geographic mix of earnings, legislative changes and other relevant items. The Company recognizes deferred tax assets and liabilities based on the differences between the financial statement carrying amounts of assets and liabilities and the amounts applicable for income tax purposes. Deferred tax assets represent items to be realized as a tax deduction or credit in future tax returns. Realization of the deferred tax assets ultimately depends on the existence of sufficient taxable income of the appropriate character in either the carryback or carryforward period. Each quarter the Company analyzes the likelihood that its deferred tax assets will be realized. A valuation allowance is recorded if, based on the weight of all available positive and negative evidence, it is more likely than not (a likelihood of more than 50%) that some portion, or all, of a deferred tax asset will not be realized (see Note 13). On an annual basis, the Company performs a comprehensive analysis of all forms of positive and negative evidence based on year end results. During each interim period, the Company updates its annual analysis for significant changes in the positive and negative evidence. If the Company later determines that realization is more likely than not for deferred tax assets with a valuation allowance, the related valuation allowance will be reduced. Conversely, if the Company determines that it is more likely than not that the Company will not be able to realize a portion of its deferred tax assets, the Company will increase the valuation allowance. The Company recognizes a tax benefit associated with an uncertain tax position when, in its judgment, it is more likely than not that the position will be sustained based upon the technical merits of the position. For a tax position that meets the more-likely-than-not recognition threshold, the Company initially and subsequently measures the income tax benefit as the largest amount that it judges to have a greater than 50% likelihood of being realized. The liability associated with unrecognized tax benefits is adjusted periodically due to changing circumstances, such as the progress of tax audits, case law developments and new or emerging legislation. Such adjustments are recognized entirely in the period in which they are identified. The Company's income tax provision includes the net impact of changes in the liability for unrecognized tax benefits. The Company has filed federal and state income tax returns that remain open to examination for fiscal years 2021 through 2023, while its subsidiaries, Malibu Boats Holdings, LLC and Malibu Boats Pty Ltd., remain open to examination for years 2020 through 2023. The Company considers an issue to be resolved at the earlier of the issue being “effectively settled,” settlement of an examination, or the expiration of the statute of limitations. Upon resolution, unrecognized tax benefits will be reversed as a discrete event. The Company's liability for unrecognized tax benefits is generally presented as noncurrent. However, if it anticipates paying cash within one year to settle an uncertain tax position, the liability is presented as current. The Company classifies interest and penalties recognized on the liability for unrecognized tax benefits as income tax expense. Revenue Recognition Revenue is recognized as performance obligations under the terms of contracts with customers are satisfied; this occurs when control of promised goods (boats, parts, or other) is transferred to the customer, which is upon shipment. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. The Company generally manufactures products based on specific orders from dealers and often ships completed products only after receiving credit approval from financial institutions. The amount of consideration the Company receives and revenue it recognizes varies with changes in marketing incentives and rebates it offers to its dealers and their customers. Dealers generally have no rights to return unsold boats. From time to time, however, the Company may accept returns in limited circumstances and at the Company’s discretion under its warranty policy, which generally limits returns to instances of manufacturing defects. The Company may be obligated, in the event of default by a dealer, to accept returns of unsold boats under its repurchase commitment to floor financing providers, who are able to obtain such boats through foreclosure. The Company accrues returns when a repurchase and return, due to the default of one of its dealers, is determined to be probable and the amount of the return is reasonably estimable. Refer to Note 9 and Note 17 related to the Company’s product warranty and repurchase commitment obligations, respectively. Revenue associated with sales of materials, parts, boats or engine products sold under the Company’s exclusive manufacturing and distribution agreement with its Australian subsidiary are eliminated in consolidation. The Company earns royalties on boats shipped with the Company's proprietary wake surfing technology under licensing agreements with various marine manufacturers. Royalty income is recognized when products are used or sold with the Company's patented technology by other boat manufacturers and industry suppliers. The usage of the Company's technology satisfies the performance obligation in the contract. See Note 2 for more information. Delivery Costs Shipping and freight costs are included in cost of sales in the accompanying consolidated statements of operations and comprehensive (loss) income. Advertising Costs Advertising costs are expensed as incurred. Advertising expenses are included in selling and marketing expenses and were not material for the fiscal years ended June 30, 2024, 2023, and 2022. Fair Value of Financial Instruments Financial instruments for which the Company did not elect the fair value option include accounts receivable, prepaid expenses and other current assets, credit facilities, accounts payable, accrued expenses and other current liabilities. The carrying amounts of these financial instruments approximate their fair values as a result of their short-term nature or variable interest rates. Fair Value Measurements The Company applies the provisions of ASC Topic 820, Fair Value Measurement , for fair value measurements of financial assets and financial liabilities, and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the consolidated financial statements on a recurring basis. ASC Topic 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 also establishes a framework for measuring fair value and expands disclosures about fair value measurements. In addition to the financial assets and liabilities measured on a recurring basis, certain nonfinancial assets and liabilities are to be measured at fair value on a nonrecurring basis in accordance with applicable GAAP. This includes items such as nonfinancial assets and liabilities initially measured at fair value in a business combination (but not measured at fair value in subsequent periods) and nonfinancial long-lived asset groups measured at fair value for an impairment assessment. In general, non-financial assets including goodwill, other intangible assets and property and equipment are measured at fair value when there is an indication of impairment and are recorded at fair value only when any impairment is recognized. Equity-Based Compensation The Company expenses employee share-based awards under ASC Topic 718, Compensation—Stock Compensation , which requires compensation cost for the grant-date fair value of share-based awards to be recognized over the requisite service period. Stock options granted to executives January 14, 2019 were valued using the Black-Scholes option pricing model. Stock awards granted on November 3, 2023, November 3, 2022 and November 3, 2021 based on total shareholder return were valued using a Monte Carlo simulation. The fair value of restricted stock unit awards granted under the Company's Long Term Incentive Plan ("Incentive Plan") are measured based on the market price of the Company’s stock on the grant date. See Note 15 for more information. Foreign Currency Translation The functional currency for the Company's consolidated foreign subsidiary is the applicable local currency. The assets and liabilities are translated at the foreign exchange rate in effect at the applicable reporting date, and the consolidated statements of operations and comprehensive (loss) income and cash flows are translated at the average exchange rate in effect during the applicable period. Exchange rate fluctuations on translating the foreign currency financial statements into U.S. dollars that result in unrealized gains or losses are referred to as translation adjustments. Cumulative translation adjustments are reflected as a component of "Accumulated other comprehensive loss, net of tax," in the stockholders' equity section of the accompanying consolidated balance sheets and periodic changes are included in comprehensive (loss) income. Comprehensive (Loss) Income Components of comprehensive (loss) income include net (loss) income and foreign currency translation adjustments. The Company has chosen to disclose comprehensive (loss) income in a single continuous consolidated statement of operations and comprehensive (loss) income. Recent Accounting Pronouncements In November, 2023, the FASB issued Accounting Standards Update ("ASU") No. 2023-07 , " Segment Reporting (Topic 280 ): Improvements to Reportable Segment Disclosures" which expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant expenses. The updated standard is effective for annual periods beginning in fiscal 2025 and interim periods beginning in the first quarter of fiscal 2026. Early adoption is permitted. The Company is currently evaluating the effect of adopting this ASU. In December, 2023, the FASB issued ASU No. 2023-09 “ Income Taxes (Topic 740): Improvements to Income Tax Disclosures” which requires two primary enhancements of 1) disaggregated information on a reporting entity’s effective tax rate reconciliation, and 2) information on income taxes paid. For public business entities, the new requirements will be effective for annual periods beginning after December 15, 2024. The guidance will be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. The Company is currently evaluating the effect of adopting this ASU. There are no other new accounting pronouncements that are expected to have a significant impact on the Company's consolidated financial statements and related disclosures.

Revenue Recognition

Revenue Recognition	12 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The following table disaggregates the Company's revenue by major product type and geography: Fiscal Year Ended June 30, 2024 Malibu Saltwater Fishing Cobalt Consolidated Revenue by product: Boat and trailer sales $ 264,811 $ 325,993 $ 219,188 $ 809,992 Part and other sales 14,320 1,549 3,174 19,043 Net sales $ 279,131 $ 327,542 $ 222,362 $ 829,035 Revenue by geography: North America $ 249,841 $ 314,014 $ 215,255 $ 779,110 International 29,290 13,528 7,107 49,925 Net sales $ 279,131 $ 327,542 $ 222,362 $ 829,035 Fiscal Year Ended June 30, 2023 Malibu Saltwater Fishing Cobalt Consolidated Revenue by product: Boat and trailer sales $ 618,001 $ 447,587 $ 299,028 $ 1,364,616 Part and other sales 18,246 1,569 3,934 23,749 Net sales $ 636,247 $ 449,156 $ 302,962 $ 1,388,365 Revenue by geography: North America $ 582,092 $ 440,449 $ 292,335 $ 1,314,876 International 54,155 8,707 10,627 73,489 Net sales $ 636,247 $ 449,156 $ 302,962 $ 1,388,365 Fiscal Year Ended June 30, 2022 Malibu Saltwater Fishing Cobalt Consolidated Revenue by product: Boat and trailer sales $ 590,059 $ 340,725 $ 262,679 $ 1,193,463 Part and other sales 17,484 1,205 2,725 21,414 Net sales $ 607,543 $ 341,930 $ 265,404 $ 1,214,877 Revenue by geography: North America $ 548,826 $ 336,816 $ 253,812 $ 1,139,454 International 58,717 5,114 11,592 75,423 Net sales $ 607,543 $ 341,930 $ 265,404 $ 1,214,877 Boat and Trailer Sales Consists of sales of boats and trailers to the Company's dealer network, net of sales returns, discounts, rebates and free flooring incentives. Boat and trailer sales also includes optional boat features. Sales returns consist of boats returned by dealers under the Company's warranty program. Rebates, free flooring and discounts are incentives that the Company provides to its dealers based on sales of eligible products. Part and Other Sales Consists primarily of parts and accessories sales, royalty income and clothing sales. Parts and accessories sales include replacement and aftermarket boat parts and accessories sold to the Company's dealer network. Royalty income is earned from license agreements with various boat manufacturers, including Nautique, Chaparral, Mastercraft, and Tige related to the use of the Company's intellectual property.

Non-controlling Interest

Non-controlling Interest	12 Months Ended
	Jun. 30, 2024
Noncontrolling Interest [Abstract]
Non-controlling Interest	Non-controlling Interest The non-controlling interest on the consolidated statements of operations and comprehensive (loss) income represents the portion of earnings or loss attributable to the economic interest in the Company's subsidiary, the LLC, held by the non-controlling LLC Unit holders. Non-controlling interest on the consolidated balance sheets represents the portion of net assets of the Company attributable to the non-controlling LLC Unit holders, based on the portion of the LLC Units owned by such Unit holders. The ownership of the LLC is summarized as follows: As of June 30, 2024 As of June 30, 2023 Units Ownership % Units Ownership % Non-controlling LLC unit holders ownership in Malibu Boats Holdings, LLC 321,419 1.6 % 455,919 2.2 % Malibu Boats, Inc. ownership in Malibu Boats Holdings, LLC 20,181,542 98.4 % 20,603,822 97.8 % 20,502,961 100.0 % 21,059,741 100.0 % Balance of non-controlling interest as of June 30, 2022 $ 10,394 Allocation of income to non-controlling LLC Unit holders for period 3,397 Distributions paid and payable to non-controlling LLC Unit holders for period (3,131) Reallocation of non-controlling interest (2,789) Balance of non-controlling interest as of June 30, 2023 7,871 Allocation of income to non-controlling LLC Unit holders for period (531) Distributions paid and payable to non-controlling LLC Unit holders for period (114) Reallocation of non-controlling interest (2,516) Balance of non-controlling interest as of June 30, 2024 $ 4,710 Issuance of Additional LLC Units Under the first amended and restated limited liability company agreement of the LLC, as amended (the “LLC Agreement”), the Company is required to cause the LLC to issue additional LLC Units to the Company when the Company issues additional shares of Class A Common Stock. Other than in connection with the issuance of Class A Common Stock in connection with an equity incentive program, the Company must contribute to the LLC net proceeds and property, if any, received by the Company with respect to the issuance of such additional shares of Class A Common Stock. The Company must cause the LLC to issue a number of LLC Units equal to the number of shares of Class A Common Stock issued such that, at all times, the number of LLC Units held by the Company equals the number of outstanding shares of Class A Common Stock. During the fiscal year ended June 30, 2024, the Company caused the LLC to issue a total of 315,695 LLC Units to the Company in connection with (i) the Company's issuance of Class A Common Stock to non-employee directors for their services, (ii) the issuance of Class A Common Stock for the vesting of awards granted under the Malibu Boats, Inc. Long-Term Incentive Plan (the "Incentive Plan"), (iii) the issuance of restricted Class A Common Stock granted under the Incentive Plan, and (iv) the issuance of Class A Common Stock to LLC Unit holders in exchange of their LLC Units. During fiscal year 2024, 17,804 LLC Units were canceled in connection with the vesting of share-based equity awards to satisfy employee tax withholding requirements, 20,080 LLC Units were canceled in connection with the vesting of stock awards with a market condition that were deemed to not be achieved and zero LLC Units were canceled in connection with the forfeiture of stock awards. In connection with the cancellation of LLC units described above, an equivalent 38,017 treasury shares were retired in accordance with the LLC Agreement. Also during fiscal year 2024, 699,958 LLC Units were redeemed and canceled by the LLC in connection with the purchase and retirement of treasury shares under the Company's stock repurchase program. Distributions and Other Payments to Non-controlling Unit Holders Distributions for Taxes As a limited liability company (treated as a partnership for income tax purposes), the LLC does not incur significant federal, state or local income taxes, as these taxes are primarily the obligations of its members. As authorized by the LLC Agreement, the LLC is required to distribute cash, to the extent that the LLC has cash available, on a pro rata basis, to its members to the extent necessary to cover the members’ tax liabilities, if any, with respect to their share of LLC earnings. The LLC makes such tax distributions to its members based on an estimated tax rate and projections of taxable income. If the actual taxable income of the LLC multiplied by the estimated tax rate exceeds the tax distributions made in a calendar year, the LLC may make true-up distributions to its members, if cash or borrowings are available for such purposes. As of June 30, 2024 and 2023, tax distributions payable to non-controlling LLC Unit holders were $0 and $776, respectively. During the fiscal years ended June 30, 2024, 2023, and 2022, tax distributions paid to the non-controlling LLC Unit holders were $890, $3,401, and $2,717, respectively. Other Distributions Pursuant to the LLC Agreement, the Company has the right to determine when distributions will be made to LLC members and the amount of any such distributions. If the Company authorizes a distribution, such distribution will be made to the members of the LLC (including the Company) pro rata in accordance with the percentages of their respective LLC Units.

Acquisitions

Acquisitions	12 Months Ended
	Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Acquisitions	Acquisitions Acquisition of Certain Assets of AmTech, LLC and BTR, LLC On February 1, 2022, Malibu Electronics, LLC, a newly-formed, wholly-owned, direct subsidiary of Boats LLC, entered into an asset purchase agreement to acquire certain assets of AmTech, LLC, an Alabama limited liability company, and real property of BTR, LLC, an Alabama limited liability company. Boats LLC acquired the assets related to the manufacturing and distribution of wiring harnesses that had previously been sold by Amtech, LLC to Boats LLC and its subsidiaries. The acquisition continues the vertical integration strategy of the Company by acquiring its primary supplier of wiring harnesses for Malibu and Axis boats. The Company accounted for the transaction in accordance with ASC Topic 805, Business Combinations .

Inventories, net

Inventories, net	12 Months Ended
	Jun. 30, 2024
Inventory Disclosure [Abstract]
Inventories, net	Inventories, net Inventories are stated at the lower of cost or net realizable value, determined on the first in, first out (“FIFO”) or weighted-average basis. Manufacturing cost includes materials, labor and manufacturing overhead. Unallocated overhead and abnormal costs are expensed as incurred. Inventories consisted of the following: As of June 30, 2024 2023 Raw materials $ 107,245 $ 142,948 Work in progress 20,683 19,222 Finished goods 16,392 9,019 Inventory subject to return 1 1,253 — Total inventories $ 145,573 $ 171,189 (1) Represents accrual related to Tommy's Boats. See Note 17 of our audited consolidated financial statements included elsewhere in this Annual Report on Form 10-K for additional information.

Property, Plant, and Equipment,

Property, Plant, and Equipment, net	12 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Property, Plant, and Equipment, net	Property, Plant, and Equipment, net Property, plant, and equipment acquired outside of acquisition are stated at cost. When property, plant, and equipment is retired or otherwise disposed of, the related cost and accumulated depreciation is removed from the accounts and any resulting gain or loss is accounted for in the consolidated statement of operations and comprehensive (loss) income. Major additions are capitalized; maintenance, repairs and minor improvements are charged to operating expenses as incurred if they do not increase the life or productivity of the related capitalized asset. Depreciation on leasehold improvements is computed using the straight-line method based on the lesser of the remaining lease term or the estimated useful life and depreciation of equipment is computed using the straight-line method over the estimated useful life as follows: Years Building 20 Leasehold improvements Shorter of useful life or lease term Machinery and equipment 3-5 Furniture and fixtures 3-5 The Company accounts for the impairment and disposition of long-lived assets in accordance with ASC Topic 360, Property, Plant, and Equipment . In accordance with ASC Topic 360, long-lived assets to be held are reviewed for events or changes in circumstances that indicate that their carrying value may not be recoverable. The Company periodically reviews for indicators and, if indicators are present, tests the carrying value of long-lived assets, assessing their net realizable values based on estimated undiscounted cash flows over their remaining estimated useful lives. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge is measured as the amount by which the carrying amount of the asset exceeds the fair value of the asset, based on discounted cash flows. During fiscal year 2024, the Company abandoned a company-wide ERP project. As such, the Company recorded a non-cash charge of $8,735 associated with the abandonment of the ERP project. The abandonment pertains to long-lived assets including software and other capitalized costs specifically tied to the project and is captured in the abandonment of construction in process line of the Company's Consolidated Statements of Operations and Comprehensive (Loss) Income. No impairment charges were recorded for the fiscal years ended June 30, 2023 and 2022 in the Company’s consolidated financial statements. Property, plant, and equipment, net consisted of the following: As of June 30, 2024 2023 Land $ 4,890 $ 4,905 Building and leasehold improvements 170,958 119,324 Machinery and equipment 118,123 103,362 Furniture and fixtures 15,466 12,672 Construction in process 43,511 47,482 352,948 287,745 Less accumulated depreciation (108,347) (82,953) $ 244,601 $ 204,792 Depreciation expense was $26,178, $21,912 and $19,365 for the fiscal years ended June 30, 2024, 2023 and 2022, respectively, substantially all of which was recorded in cost of sales.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets, net	12 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets, net	Goodwill and Other Intangible Assets, net The changes in the carrying amount of goodwill for the fiscal years ended June 30, 2024 and 2023 were as follows: Malibu Saltwater Fishing Cobalt Consolidated Goodwill as of June 30, 2022 $ 12,299 $ 68,714 $ 19,791 $ 100,804 Effect of foreign currency changes on goodwill (227) — — (227) Goodwill as of June 30, 2023 12,072 68,714 19,791 100,577 Impairment related to Maverick Boat Group — (49,189) — $ (49,189) Effect of foreign currency changes on goodwill 27 — — 27 Goodwill as of June 30, 2024 $ 12,099 $ 19,525 $ 19,791 $ 51,415 The components of other intangible assets were as follows: As of June 30, Estimated Useful Life (in years) Weighted Average Remaining Useful Life (in years) 2024 2023 Definite-lived intangibles: Dealer relationships $ 131,735 $ 131,725 15-20 14.6 Patent 2,600 2,600 15 8.0 Trade name 100 100 15 6.0 Non-compete agreement 47 46 10 0.3 Total 134,482 134,471 Less: Accumulated amortization (38,033) (31,213) Total definite-lived intangible assets, net 96,449 103,258 Indefinite-lived intangible: Trade names 118,200 118,200 Less: Impairment charge (39,200) — Total other intangible assets $ 175,449 $ 221,458 During the three months ended March 31, 2024, the Company determined certain indicators of potential impairment existed, warranting an interim impairment assessment of goodwill as of March 31, 2024. The Company performed a goodwill impairment analysis as of March 31, 2024 consistent with the Company’s approach for annual impairment testing, including similar models and inputs. Based on such analysis, the Company determined that its estimated fair value for the Maverick Boat Group reporting unit was less than its carrying value as of March 31, 2024, and the Company recognized an impairment charge of $49,189 for the three months ended March 31, 2024. Additionally, during the Company's interim impairment evaluation of indefinite-lived intangibles, the Company recorded an impairment charge on trade names of $39,200 related to the Maverick Boat Group reporting unit. This charge was included in Goodwill and other intangible asset impairment For more information, refer to Note 1 of our consolidated financial statements included elsewhere in this report. Amortization expense recognized on all amortizable intangibles was $6,811 , $6,808 and $6,957 for the fiscal years ended June 30, 2024, 2023 and 2022, respectively. Estimated future amortization expenses as of June 30, 2024 are as follows: Fiscal Year As of June 30, 2024 2025 $ 6,803 2026 6,803 2027 6,803 2028 6,803 2029 6,802 2030 and thereafter 62,435 $ 96,449

Accrued Expenses

Accrued Expenses	12 Months Ended
	Jun. 30, 2024
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses consisted of the following: As of June 30, 2024 2023 Warranties $ 37,967 $ 41,709 Dealer incentives 28,911 14,996 Accrued compensation 13,791 19,671 Current operating lease liabilities 2,177 2,324 Litigation settlement — 100,000 Accrued legal and professional fees 22,467 1,899 Customer deposits 4,270 4,054 Government grant 5,867 — Other accrued expenses 3,980 2,425 Total accrued expenses $ 119,430 $ 187,078 Litigation settlement represents the settlement of product liability cases in June 2023 for $100.0 million. Accrued legal and professional fees include approximately $21,000 in insurance coverage proceeds that are subject in certain cases to reservations of rights by the insurance carriers. The proceeds will be considered a liability in accrued expenses until the resolution of the litigation. For more information, refer to Note 17 of our consolidated financial statements included elsewhere in this Annual Report. Government grant includes approximately $5,867 related to an Economic Development Grant to be paid by the State of Tennessee in relation to the Roane County Property Purchase and Related Improvements. The grant requires the Company to create and maintain a specified number of jobs in order to retain the grant. The accrued liability will be relieved as the Company satisfies headcount requirements.

Product Warranties

Product Warranties	12 Months Ended
	Jun. 30, 2024
Product Warranties Disclosures [Abstract]
Product Warranties	Product Warranties The Company's Malibu and Axis brand boats have a limited warranty for a period up to five years. The Company's Cobalt brand boats have (1) a structural warranty of up to ten years which covers the hull, deck joints, bulkheads, floor, transom, stringers, and motor mount, and (2) a five year bow-to-stern warranty on all components manufactured or purchased (excluding hull and deck structural components), including canvas and upholstery. Gelcoat is covered up to three years for Cobalt and one year for Malibu and Axis. Pursuit brand boats have (1) a limited warranty for a period of up to five years on structural components such as the hull, deck and defects in the gelcoat surface of the hull bottom and (2) a bow-to-stern warranty of two years (excluding hull and deck structural components). Maverick, Pathfinder and Hewes brand boats have (1) a limited warranty for a period of up to five years on structural components such as the hull, deck and defects in the gelcoat surface of the hull bottom and (2) a bow-to-stern warranty of one year (excluding hull and deck structural components). Cobia brand boats have (1) a limited warranty for a period of up to ten years on structural components such as the hull, deck and defects in the gelcoat surface of the hull bottom and (2) a bow-to-stern warranty of three years (excluding hull and deck structural components). For each boat brand, there are certain materials, components or parts of the boat that are not covered by the Company's warranty and certain components or parts that are separately warranted by the manufacturer or supplier (such as the engine). Engines that the Company manufactures for Malibu and Axis models have a limited warranty of up to five years or five-hundred hours. The Company’s standard warranties require it or its dealers to repair or replace defective products during the warranty period at no cost to the consumer. The Company estimates warranty costs it expects to incur and records a liability for such costs at the time the product revenue is recognized. The Company utilizes historical claims trends and analytical tools to develop the estimate of its warranty obligation on a per boat basis, by brand and warranty year. Factors that affect the Company’s warranty liability include the number of units sold, historical and anticipated rates of warranty claims and cost per claim. The Company assesses the adequacy of its recorded warranty liabilities and adjusts the amounts as necessary. Beginning in model year 2016, the Company increased the term of its limited warranty for Malibu brand boats from three years to five years and for Axis brand boats from two years to five years. Beginning in model year 2018, the Company increased the term of its bow-to-stern warranty for Cobalt brand boats from three years to five years. Future warranty claims may differ from the Company's estimate of the warranty liability, which could lead to changes in the Company’s warranty liability in future periods. Changes in the Company’s product warranty liability, which are included in accrued expenses in the accompanying consolidated balance sheets, were as follows: Fiscal Year Ended June 30, 2024 2023 2022 Beginning balance $ 41,709 $ 38,673 $ 35,035 Add: Warranty Expense 23,744 24,812 21,280 Less: Warranty claims paid (27,486) (21,776) (17,642) Ending balance $ 37,967 $ 41,709 $ 38,673

Financing

Financing	12 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Financing	Financing As of June 30, 2024 and 2023, the Company did not have any outstanding debt. Long-Term Debt As of June 30, 2024, the Company had a revolving credit facility with borrowing capacity of up to $350,000. As of June 30, 2024, the Company had zero outstanding under its revolving credit facility and $1,578 in outstanding letters of credit with $348,422 available for borrowing. The revolving credit facility matures on July 8, 2027. As of June 30, 2023, the Company reclassified unamortized debt issuance costs into Other assets. On July 8, 2022, Boats LLC entered into a Third Amended and Restated Credit Agreement (the “Credit Agreement”) that amended and restated its second amended and restated credit agreement dated as of June 28, 2017. The Credit Agreement increased the borrowing capacity of the revolving credit facility from $170,000 to $350,000. Boats LLC has the option to request that lenders increase the amount available under the revolving credit facility by, or obtain incremental term loans of, up to $200,000, subject to the terms of the Credit Agreement and only if existing or new lenders choose to provide additional term or revolving commitments. The obligations of Boats LLC under the Credit Agreement are guaranteed by the LLC, and, subject to certain exceptions, the present and future domestic subsidiaries of Boats LLC, and all such obligations are secured by substantially all of the assets of the LLC, Boats LLC and such subsidiary guarantors. Malibu Boats, Inc. is not a party to the Credit Agreement. Borrowings under the Credit Agreement bear interest at a rate equal to either, at the Company's option, (i) the highest of the prime rate, the Federal Funds Rate (as defined in the Credit Agreement) plus 0.5%, or one-month Term SOFR (as defined in the Credit Agreement) plus 1% (the “Base Rate”) or (ii) SOFR (as defined in the Credit Agreement), in each case plus an applicable margin ranging from 1.25% to 2.00% with respect to SOFR borrowings and 0.25% to 1.00% with respect to Base Rate borrowings. The applicable margin is based upon the consolidated leverage ratio of the LLC and its subsidiaries. As of June 30, 2024, the interest rate on the Company’s revolving credit facility was 6.50%. The Company is required to pay a commitment fee for any unused portion of the revolving credit facility which ranges from 0.15% to 0.30% per annum, depending on the LLC’s and its subsidiaries’ consolidated leverage ratio. The Credit Agreement contains certain customary representations and warranties, and notice requirements for the occurrence of specific events such as the occurrence of any event of default or pending or threatened litigation. The Credit Agreement also requires compliance with certain customary financial covenants consisting of a minimum ratio of EBITDA to interest expense and a maximum ratio of total debt to EBITDA. The Credit Agreement contains certain customary restrictive covenants regarding indebtedness, liens, fundamental changes, investments, share repurchases, dividends and distributions, disposition of assets, transactions with affiliates, negative pledges, hedging transactions, certain prepayments of indebtedness, accounting changes and governmental regulation. For example, the Credit Agreement generally prohibits the LLC, Boats LLC and the subsidiary guarantors from paying dividends or making distributions, including to the Company. The credit facility permits, however, (i) distributions based on a member’s allocated taxable income, (ii) distributions to fund payments that are required under the LLC’s tax receivable agreement, (iii) purchase of stock or stock options of the LLC from former officers, directors or employees of loan parties or payments pursuant to stock option and other benefit plans up to $5,000 in any fiscal year, and (iv) repurchases of the Company's outstanding stock and LLC Units. In addition, the LLC may make unlimited dividends and distributions if its consolidated leverage ratio is 2.75 or less and certain other conditions are met, subject to compliance with certain financial covenants. The Credit Agreement also contains customary events of default. If an event of default has occurred and continues beyond any applicable cure period, the administrative agent may (i) accelerate all outstanding obligations under the Credit Agreement or (ii) terminate the commitments, amongst other remedies. Additionally, the lenders are not obligated to fund any new borrowing under the Credit Agreement while an event of default is continuing. Covenant Compliance

Leases

Leases	12 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Leases	Leases The Company leases certain manufacturing facilities, warehouses, office space, land, and equipment. The Company determines if a contract is a lease or contains an embedded lease at the inception of the agreement. Leases with an initial term of 12 months or less are not recorded on the consolidated balance sheets. The Company does not separate non-lease components from the lease components to which they relate, and instead accounts for each separate lease and non-lease component associated with that lease component as a single lease component for all underlying asset classes. The Company's lease liabilities do not include future lease payments related to options to extend or terminate lease agreements as it is not reasonably certain those options will be exercised. Other information concerning the Company's operating leases accounted for under ASC Topic 842, Leases is as follows: As of June 30, Classification 2024 2023 Assets Right-of-use assets Other assets $ 6,883 $ 8,808 Liabilities Current operating lease liabilities Accrued expenses $ 2,177 $ 2,324 Long-term operating lease liabilities Other liabilities 5,763 7,843 Total lease liabilities $ 7,940 $ 10,167 Fiscal Year Ended June 30, Classification 2024 2023 2022 Operating lease costs (1) Cost of sales $ 2,537 $ 2,686 $ 2,611 Selling and marketing, and general and administrative 838 878 857 Sublease income Other expense (income), net (38) (38) (38) Cash paid for amounts included in the measurement of operating lease liabilities Cash flows from operating activities 2,661 2,555 2,517 (1) Includes short-term leases, which are insignificant, and are not included in the lease liability. The lease liability for operating leases that contain variable escalating rental payments with scheduled increases that are based on the lesser of a stated percentage increase or the cumulative increase in an index, are determined using the stated percentage increase. The weighted average remaining lease term for the fiscal year ended June 30, 2024 and 2023 was 3.60 years and 4.60 years, respectively. As of June 30, 2024 and 2023, the weighted average discount rate determined based on the Company's incremental borrowing rate is 3.67% for both periods. Future annual minimum lease payments for the following fiscal years as of June 30, 2024 are as follows: Amount 2025 $ 2,422 2026 2,274 2027 2,258 2028 1,506 2029 1 2030 and thereafter — Total 8,461 Less imputed interest (521) Present value of lease liabilities $ 7,940

Tax Receivable Agreement Liabil

Tax Receivable Agreement Liability	12 Months Ended
	Jun. 30, 2024
Tax Receivable Agreement [Abstract]
Tax Receivable Agreement Liability	Tax Receivable Agreement Liability The Company has a Tax Receivable Agreement with the pre-IPO owners of the LLC that provides for the payment by the Company to the pre-IPO owners (or their permitted assignees) of 85% of the amount of the benefits, if any, that the Company is deemed to realize as a result of (i) increases in tax basis and (ii) certain other tax benefits related to the Company entering into the Tax Receivable Agreement, including those attributable to payments under the Tax Receivable Agreement. These contractual payment obligations are obligations of the Company and not of the LLC. The Company's Tax Receivable Agreement liability was determined on an undiscounted basis in accordance with ASC 450, Contingencies , since the contractual payment obligations were deemed to be probable and reasonably estimable. For purposes of the Tax Receivable Agreement, the benefit deemed realized by the Company is computed by comparing the actual income tax liability of the Company (calculated with certain assumptions) to the amount of such taxes that the Company would have been required to pay had there been no increase to the tax basis of the assets of the LLC as a result of the purchases or exchanges, and had the Company not entered into the Tax Receivable Agreement. The following table reflects the changes to the Company's Tax Receivable Agreement liability: As of June 30, 2024 2023 Beginning balance $ 43,465 $ 45,541 Additions to tax receivable agreement: Exchange of LLC Units for Class A Common Stock 1,320 1,710 Adjustment for change in estimated state tax rate or benefits 36 188 Payment under tax receivable agreement (4,208) (3,974) 40,613 43,465 Less current portion under tax receivable agreement — (4,111) Ending balance $ 40,613 $ 39,354 The Tax Receivable Agreement further provides that, upon certain mergers, asset sales or other forms of business combinations or other changes of control, the Company (or its successor) would owe to the pre-IPO owners of the LLC a lump-sum payment equal to the present value of all forecasted future payments that would have otherwise been made under the Tax Receivable Agreement that would be based on certain assumptions, including a deemed exchange of LLC Units and that the Company would have sufficient taxable income to fully utilize the deductions arising from the increased tax basis and other tax benefits related to entering into the Tax Receivable Agreement. The Company also is entitled to terminate the Tax Receivable Agreement, which, if terminated, would obligate the Company to make early termination payments to the pre-IPO owners of the LLC. In addition, a pre-IPO owner may elect to unilaterally terminate the Tax Receivable Agreement with respect to such pre-IPO owner, which would obligate the Company to pay to such existing owner certain payments for tax benefits received through the taxable year of the election. When estimating the expected tax rate to use in order to determine the tax benefit expected to be recognized from the Company’s increased tax basis as a result of exchanges of LLC Units by the pre-IPO owners of the LLC, the Company continuously monitors changes in its overall tax posture, including changes resulting from new legislation and changes as a result of new jurisdictions in which the Company is subject to tax. As of June 30, 2024 and 2023, the Company recorded deferred tax assets of $120,015 and $118,148, respectively, associated with basis differences in assets upon acquiring an interest in the LLC and pursuant to making an election under Section 754 of the Internal Revenue Code of 1986 (the "Internal Revenue Code"), as amended. These basis differences are included in the overall partnership basis differences disclosed in Note 13. The aggregate Tax Receivable Agreement liability represents 85% of the tax benefits that the Company expects to receive in connection with the Section 754 election. In accordance with the Tax Receivable Agreement, the next annual payment is anticipated once net operating losses are utilized and there is sufficient taxable income.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Malibu Boats, Inc. is taxed as a C corporation for U.S. income tax purposes and is therefore subject to both federal and state taxation at a corporate level. The LLC continues to operate in the United States as a partnership for U.S. federal income tax purposes. Maverick Boat Group is separately subject to U.S. federal and state income tax with respect to its net taxable income. Income taxes are computed in accordance with ASC Topic 740, Income Taxes , and reflect the net tax effects of temporary differences between the financial reporting carrying amounts of assets and liabilities and the corresponding income tax amounts. The Company has deferred tax assets and liabilities and maintains valuation allowances where it is more likely than not that all or a portion of deferred tax assets will not be realized. To the extent the Company determines that it will not realize the benefit of some or all of its deferred tax assets, such deferred tax assets will be adjusted through the Company’s provision for income taxes in the period in which this determination is made. On August 16, 2022, the Inflation Reduction Act of 2022 (the “Inflation Reduction Act”) was signed into law. The Inflation Reduction Act contains significant business tax provisions, including an excise tax on stock buybacks (1% for transactions beginning January 1, 2023), increased funding for IRS tax enforcement, expanded energy incentives promoting clean energy investment, and a 15% corporate minimum tax on certain large corporations. The effects of the new legislation were recognized upon enactment. The Company accrued $0.3 million excise tax for stock repurchases during fiscal year's ended June 30, 2024. The Company did not recognize any significant impact to income tax expense for the fiscal years ended June 30, 2024 or June 30, 2023 relating to the Inflation Reduction Act. The components of (benefit) for income taxes are as follows: Fiscal Year Ended June 30, 2024 2023 2022 Current tax expense: Federal $ 2,358 $ 39,462 $ 33,689 State 424 9,071 6,632 Foreign 345 1,331 1,532 Total current 3,127 49,864 41,853 Deferred tax (benefit) expense: Federal (3,872) (14,230) 4,661 State (577) (2,019) 94 Foreign (20) (34) (73) Total deferred (4,469) (16,283) 4,682 Income tax (benefit) expense $ (1,342) $ 33,581 $ 46,535 The income tax (benefit) expense differs from the amount computed by applying the federal statutory income tax rate to (loss) income from continuing operations before income taxes. The sources and tax effects of the differences are as follows: Fiscal Year Ended June 30, 2024 2023 2022 Federal tax (benefit) provision at statutory rate (21.0) % 21.0 % 21.0 % State income taxes, net of federal benefit (0.3) 3.5 2.8 Permanent differences attributable to partnership investment 1.5 (0.5) (1.0) Impairment charges - Maverick 17.9 — — Non-controlling interest (0.2) (0.5) (0.6) Other, net (0.2) 0.2 — Total income (benefit) tax on continuing operations (2.3) % 23.7 % 22.2 % The Company’s effective tax rate includes a rate benefit attributable to the fact that the Company’s subsidiary operated as a limited liability company which was not subject to federal income tax. Accordingly, the portion of the Company’s subsidiary earnings attributable to the non-controlling interest are subject to tax when reported as a component of the non-controlling interests’ taxable income. The components of the Company's net deferred income tax assets and liabilities at June 30, 2024 and 2023 are as follows: As of June 30, 2024 2023 Deferred tax assets: Partnership basis differences $ 42,115 $ 69,193 Accrued liabilities and reserves 1,222 1,436 State tax credits and NOLs 12,859 8,922 Foreign tax credits 580 580 Federal NOL and Credits 19,335 — Other 754 381 Less valuation allowance (17,355) (16,876) Total deferred tax assets 59,510 63,636 Deferred tax liabilities: Fixed assets and intangibles 19,054 29,495 Other 20 21 Total deferred tax liabilities 19,074 29,516 Total net deferred tax assets $ 40,436 $ 34,120 On an annual basis, the Company performs a comprehensive analysis of all forms of positive and negative evidence to determine whether realizability of deferred tax assets is more likely than not. During each interim period, the Company updates its annual analysis for significant changes in the positive and negative evidence. At June 30, 2024 and 2023, the Company concluded that $17,355 and $16,876, respectively, of valuation allowance against deferred tax assets was necessary. The Company continues to record the valuation allowance against the deferred tax asset generated by the state impact of the 743(b) amortization and on state net operating losses generated by current and future amortization deductions (with respect to the Section 754 election) that are reported in the Tennessee corporate tax return without offsetting income, which is taxable at the LLC. These net operating losses have a 15 year carryover and will expire, if unused, between 2030 and 2039. This also includes a valuation allowance in the amount of $580 related to foreign tax credit carryforward that is not expected to be utilized in the future. Unrecognized tax benefits are discussed in the Company's accounting policy for income taxes (Refer to Note 1 on Income Taxes for more information). The Company has filed federal and state income tax returns that remain open to examination for fiscal years 2021 through 2023, while its subsidiaries, the LLC and Malibu Boats Pty Ltd., remain open to examination for fiscal years 2020 through 2023. A reconciliation of changes in the amount of unrecognized tax benefits for the fiscal years ended June 30, 2024, 2023 and 2022 is as follows: Fiscal Year Ended June 30, 2024 2023 2022 Balance as of July 1 $ 1,718 $ 1,472 $ 1,452 Additions based on tax positions taken during the current period 129 363 314 Reductions due to statute settlements (130) (156) (286) Additions (reductions) for tax positions of prior years 79 39 (8) Balance as of June 30 $ 1,796 $ 1,718 $ 1,472 In fiscal year 2024, the Company reduced its uncertain tax positions by $130 as a result of statute settlements, and recorded $129 in connection with its current year state filing positions. As of June 30, 2024, it is reasonably possible that $171 of the total unrecognized tax benefits recorded will reverse within the next twelve months. Of the total unrecognized tax benefits recorded on the consolidated balance sheets, $1,514 would impact the effective tax rate once settled. As discussed in Note 1 to the Consolidated Financial Statements, the Company's policy is to accrue interest related to potential underpayment of income taxes within the provision for income taxes. At June 30, 2024, the Company had $455 of accrued interest related to unrecognized tax benefits. The Company did not provide for U.S. federal, state income taxes or foreign withholding taxes in fiscal year 2024 on the outside basis difference of its non-U.S. subsidiary, as such foreign earnings are considered to be permanently reinvested. The estimated income and withholding tax liability associated with the remittance of these earnings is nominal.

Stockholder's Equity

Stockholder's Equity	12 Months Ended
	Jun. 30, 2024
Equity [Abstract]
Stockholders' Equity	Stockholders' Equity The Company is authorized to issue 150,000,000 shares of capital stock, consisting of 100,000,000 shares of Class A Common Stock, 25,000,000 shares of Class B Common Stock, and 25,000,000 shares of Preferred Stock, par value $0.01 per share. Exchange of LLC Units for Class A Common Stock and Issuance of Class B Common Stock During fiscal year 2022, no non-controlling LLC Unit holders exchanged LLC Units for the issuance of Class A Common Stock. As there were no exchanges, no shares of Class B Common Stock were automatically transferred to the Company and retired. As of June 30, 2022, the Company had a total of 10 shares of its Class B Common Stock issued and outstanding. During fiscal year 2023, two non-controlling LLC Unit holders exchanged LLC Units for the issuance of Class A Common Stock. In connection with the exchange, no shares of Class B Common Stock were automatically transferred to the Company and retired. In addition, during fiscal year 2023 one non-controlling LLC Unit holder transferred LLC Units to two new entities (the “New LLC Members”) for no consideration, and the Company issued a total of two shares of Class B Common Stock to the New LLC Members for nominal consideration. As of June 30, 2023, the Company had a total of 12 shares of its Class B Common Stock issued and outstanding. During fiscal year 2024, four non-controlling LLC Unit holders exchanged LLC Units for the issuance of Class A Common Stock. In connection with the exchange, no shares of Class B Common Stock were automatically transferred to the Company and retired. As of June 30, 2024, the Company had a total of 12 shares of its Class B Common Stock issued and outstanding. Stock Repurchase Program On November 3, 2021, the board of directors of the Company authorized a stock repurchase program for the repurchase of up to $70,000 of Class A Common Stock and the LLC Units for the period from November 8, 2021 to November 8, 2022 (the “Fiscal 2022 Repurchase Program”). During fiscal year 2023, under the Fiscal 2022 Repurchase Program, the Company repurchased 143,759 shares of Class A Common Stock for $7,868 in cash including related fees and expenses. The Fiscal 2022 Repurchase Program expired on November 8, 2022. On November 3, 2022, the board of directors of the Company authorized a stock repurchase program for the repurchase of up to $100,000 of Class A Common Stock and the LLC Units for the period from November 8, 2022 to November 8, 2023 (the “Fiscal 2023 Repurchase Program”). During fiscal year 2024, under the Fiscal 2023 Repurchase Program, the Company repurchased 261,962 shares of Class A Common Stock for $12,526 in cash including related fees and expenses. The Fiscal 2023 Repurchase Program expired on November 8, 2023. On October 26, 2023, the board of directors of the Company authorized a stock repurchase program for the repurchase of up to $100,000 of Class A Common Stock and LLC Units for the period from November 8, 2023 to November 8, 2024 (the "Fiscal 2024 Repurchase Program"). During fiscal year 2024, under the Fiscal 2024 Repurchase Program, the Company repurchased 437,996 shares of Class A Common Stock for $17,317 in cash including related fees and expenses. As of June 30, 2024, $82,683 was available to repurchase shares of Class A Common Stock and LLC Units under the Fiscal 2024 Repurchase Program. Class A Common Stock and Class B Common Stock Voting Rights Holders of Class A Common Stock and Class B Common Stock will have voting power over Malibu Boats, Inc., the sole managing member of the LLC, at a level that is consistent with their overall equity ownership of the Company's business. Pursuant to the Company's certificate of incorporation and bylaws, each share of Class A Common Stock entitles the holder to one vote with respect to each matter presented to the Company's stockholders on which the holders of Class A Common Stock are entitled to vote. Each holder of Class B Common Stock shall be entitled to the number of votes equal to the total number of LLC Units held by such holder multiplied by the exchange rate specified in the Exchange Agreement with respect to each matter presented to the Company's stockholders on which the holders of Class B Common Stock are entitled to vote. Accordingly, the holders of LLC Units collectively have a number of votes that is equal to the aggregate number of LLC Units that they hold. Subject to any rights that may be applicable to any then outstanding preferred stock, the Company's Class A and Class B Common Stock vote as a single class on all matters presented to the Company's stockholders for their vote or approval, except as otherwise provided in the Company's certificate of incorporation or bylaws or required by applicable law. Holders of the Company's Class A and Class B Common Stock do not have cumulative voting rights. Except in respect of matters relating to the election and removal of directors on the Company's board of directors and as otherwise provided in the Company's certificate of incorporation, the Company's bylaws, or as required by law, all matters to be voted on by the Company's stockholders must be approved by a majority of the shares present in person or by proxy at the meeting and entitled to vote on the subject matter. Dividends Subject to preferences that may apply to any shares of preferred stock outstanding at the time, the holders of the Company's Class A Common Stock will be entitled to share equally, identically and ratably in any dividends that the board of directors may determine to issue from time to time. Holders of the Company's Class B Common Stock do not have any right to receive dividends. Liquidation Rights In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company's affairs, holders of the Company's Class A Common Stock would be entitled to share ratably in the Company's assets that are legally available for distribution to stockholders after payment of its debts and other liabilities. If the Company has any preferred stock outstanding at such time, holders of the preferred stock may be entitled to distribution and/or liquidation preferences. In either such case, the Company must pay the applicable distribution to the holders of its preferred stock before it may pay distributions to the holders of its Class A Common Stock. Holders of the Company Class B Common Stock do not have any right to receive a distribution upon a voluntary or involuntary liquidation, dissolution or winding up of the Company's affairs. Other Rights Holders of the Company's Class A Common Stock will have no preemptive, conversion or other rights to subscribe for additional shares. The rights, preferences and privileges of the holders of the Company's Class A Common Stock will be subject to, and may be adversely affected by, the rights of the holders of shares of any series of the Company's preferred stock that the Company may designate and issue in the future. Preferred Stock Though the Company currently has no plans to issue any shares of preferred stock, its board of directors has the authority, without further action by the Company's stockholders, to designate and issue up to 25,000,000 shares of preferred stock in one or more series. The Company's board of directors may also designate the rights, preferences and privileges of the holders of each such series of preferred stock, any or all of which may be greater than or senior to those granted to the holders of common stock. Though the actual effect of any such issuance on the rights of the holders of common stock will not be known until the Company's board of directors determines the specific rights of the holders of preferred stock, the potential effects of such an issuance include: • diluting the voting power of the holders of common stock; • reducing the likelihood that holders of common stock will receive dividend payments; • reducing the likelihood that holders of common stock will receive payments in the event of the Company's liquidation, dissolution, or winding up; and • delaying, deterring or preventing a change-in-control or other corporate takeover. LLC Units In connection with the recapitalization the Company completed in connection with the Company's IPO, the LLC Agreement was amended and restated to, among other things; modify its capital structure by replacing the different classes of interests previously held by the LLC unit holders to a single new class of units called “LLC Units.” As a result of the Company's IPO and the recapitalization the Company completed in connection with the Company's IPO, the Company holds LLC Units in the LLC and is the sole managing member of the LLC. Holders of LLC Units do not have voting rights under the LLC Agreement. Further, the LLC and the pre-IPO owners entered into the Exchange Agreement under which (subject to the terms of the Exchange Agreement) they have the right to exchange their LLC Units for shares of the Company's Class A Common Stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications, or at the Company's option, except in the event of a change in control, for a cash payment equal to the market value of the Class A Common Stock. As of June 30, 2024, the Company held 20,181,542 LLC Units, representing a 98.4% economic interest in the LLC, while non-controlling LLC Unit holders held 321,419 LLC Units, representing a 1.6% interest in the LLC. Refer to Note 3 for additional information on non-controlling interest.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation Equity Awards Issued Under the Malibu Boats, Inc. Long-Term Incentive Plan On January 6, 2014, the Company’s board of directors adopted the Malibu Boats, Inc. Incentive Plan. The Incentive Plan, which became effective on January 1, 2014, reserves for issuance up to 1,700,000 shares of Malibu Boats, Inc. Class A Common Stock for the Company’s employees, consultants, members of its board of directors and other independent contractors at the discretion of the compensation committee. Incentive stock awards authorized under the Incentive Plan include unrestricted shares of Class A Common Stock, stock options, stock appreciation rights, restricted stock, restricted stock units, dividend equivalent awards and performance awards. As of June 30, 2024, there were 61,146 shares available for future issuance under the Incentive Plan. On April 14, 2023, Wayne Wilson notified the Company of his resignation from his position as Chief Financial Officer and Secretary of the Company and from all other positions held with the Company and each of its subsidiaries. Mr. Wilson’s resignation as Chief Financial Officer and Secretary was effective April 19, 2023, and Mr. Wilson served in an advisory role through May 12, 2023. In connection with Mr. Wilson’s resignation, he forfeited 57,866 shares of the Company’s Class A Common Stock underlying unvested restricted stock awards and performance awards previously granted to Mr. Wilson. On November 3, 2020, under the Incentive Plan, the Company granted approximately 33,000 restricted service based stock units and 25,000 restricted service based stock awards to key employees under the Incentive Plan. The grant date fair value of these awards was $3,145 based on a stock price of $54.47 per share on the date of grant. Approximately 58% of the awards vest ratably over three years and approximately 42% of the awards vest ratably over four years. Stock-based compensation expense attributable to the service based units and awards is amortized on a straight-line basis over the requisite service period. On November 3, 2020, under the Incentive Plan, the Company granted to key employees a target amount of approximately 18,000 restricted stock awards with a performance condition. The number of shares that will ultimately be issued, if any, is based on the attainment of a specified amount of earnings during the fiscal year ending June 30, 2023. The maximum number of shares that can be issued if an elevated earnings target is met, adjusted to reflect the forfeiture of shares in connection with the resignation of the Company’s former Chief Financial Officer, is approximately 21,000. The actual number of shares issued upon vesting was approximately 14,000, as the 21,000 shares earned was reduced by an amount of shares withheld to cover taxes. The original grant date fair value of the awards was estimated to be $1,002, based on a stock price of $54.47. Compensation costs associated with the performance awards are recognized over the requisite service period based on probability of achievement in accordance with ASC Topic 718, Compensation—Stock Compensation. On November 3, 2020, under the Incentive Plan, the Company granted to key employees a target amount of approximately 18,000 stock awards with a market condition. The number of shares that will ultimately be issued, if any, is based on a total shareholder return ("TSR") computation that involves comparing the movement in the Company's stock price to movement in a market index from the grant date through November 3, 2023. The maximum number of shares that can be issued if an elevated TSR target is met, adjusted to reflect the forfeiture of shares in connection with the resignation of the Company’s former Chief Financial Officer, is approximately 28,000. The actual number of shares issued upon vesting was approximately 5,000, net of 20,000 shares not achieved and taxes withheld. The original grant date fair value of the awards was estimated to be $1,293, which was estimated using a Monte Carlo simulation. The Monte Carlo simulation model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair market value for the stock award. Compensation costs are recognized over the requisite service period based on probability of achievement in accordance with ASC Topic 718, Compensation—Stock Compensation. On November 3, 2021, under the Incentive Plan, the Company granted approximately 32,000 restricted service-based stock units and 23,000 restricted service-based stock awards to key employees under the Incentive Plan. The grant date fair value of these awards was $4,149 based on a stock price of $74.25 per share on the date of grant. Approximately 58% of the awards vest ratably over three years and approximately 42% of the awards vest ratably over four years. Stock-based compensation expense attributable to the service-based units and awards is amortized on a straight-line basis over the requisite service period. On November 3, 2021, under the Incentive Plan, the Company granted to key employees a target amount of approximately 18,000 restricted stock awards with a performance condition. The number of shares that will ultimately be issued, if any, is based on the attainment of a specified amount of earnings during the fiscal year ending June 30, 2024. The maximum number of shares that can be issued if an elevated earnings target is met, adjusted to reflect the forfeiture of shares in connection with the resignation of the Company’s former Chief Financial Officer, is approximately 22,000. The Company does not expect these shares to vest based on fiscal year 2024 financial performance. The original grant date fair value of the awards was estimated to be $1,305, based on a stock price of $74.25. Compensation costs associated with the performance awards are recognized over the requisite service period based on probability of achievement in accordance with ASC Topic 718, Compensation—Stock Compensation . On November 3, 2021, under the Incentive Plan, the Company granted to key employees a target amount of approximately 18,000 stock awards with a market condition. The number of shares that will ultimately be issued, if any, is based on a total shareholder return ("TSR") computation that involves comparing the movement in the Company's stock price to movement in a market index from the grant date through November 3, 2024. The maximum number of shares that can be issued if an elevated TSR target is met, adjusted to reflect the forfeiture of shares in connection with the resignation of the Company’s former Chief Financial Officer, is approximately 29,000. The original grant date fair value of the awards was estimated to be $1,688, which was estimated using a Monte Carlo simulation. The Monte Carlo simulation model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair market value for the stock award. Compensation costs are recognized over the requisite service period based on probability of achievement in accordance with ASC Topic 718, Compensation—Stock Compensation . On May 6, 2022, under the Incentive Plan, the Company granted approximately 27,000 restricted service-based stock units to key employees under the Incentive Plan. The grant date fair value of these awards was $1,376 based on a stock price of $51.89 per share on the date of grant. The grant vests ratably over three years on a bi-annual basis. Stock-based compensation expense attributable to the service-based units and awards is amortized on a straight-line basis over the requisite service period. On November 3, 2022, under the Incentive Plan, the Company granted approximately 61,000 restricted service based stock units and 35,000 restricted service based stock awards to key employees under the Incentive Plan. The grant date fair value of these awards was $5,028 based on a stock price of $52.25 per share on the date of grant. Approximately 64% of the awards vest ratably over three years and approximately 36% of the awards vest ratably over four years. Stock-based compensation expense attributable to the service based units and awards is amortized on a straight-line basis over the requisite service period. On November 3, 2022, under the Incentive Plan, the Company granted to key employees a target amount of approximately 26,000 restricted stock awards with a performance condition. The number of shares that will ultimately be issued, if any, is based on the attainment of a specified amount of earnings during the fiscal year ending June 30, 2025. The maximum number of shares that can be issued if an elevated earnings target is met, adjusted to reflect the forfeiture of shares in connection with the resignation of the Company’s former Chief Financial Officer, is approximately 32,000. The original grant date fair value of the awards was estimated to be $1,380, based on a stock price of $52.25. Compensation costs associated with the performance awards are recognized over the requisite service period based on probability of achievement in accordance with ASC Topic 718, Compensation—Stock Compensation . On November 3, 2022, under the Incentive Plan, the Company granted to key employees a target amount of approximately 26,000 stock awards with a market condition. The number of shares that will ultimately be issued, if any, is based on a total shareholder return ("TSR") computation that involves comparing the movement in the Company's stock price to movement in a market index from the grant date through November 3, 2025. The maximum number of shares that can be issued if an elevated TSR target is met, adjusted to reflect the forfeiture of shares in connection with the resignation of the Company’s former Chief Financial Officer, is approximately 43,000. The original grant date fair value of the awards was estimated to be $1,808, which was estimated using a Monte Carlo simulation. The Monte Carlo simulation model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair market value for the stock award. Compensation costs are recognized over the requisite service period based on probability of achievement in accordance with ASC Topic 718, Compensation—Stock Compensation . On November 6, 2023, under the Incentive Plan, Malibu Boats, Inc. granted approximately 79,000 restricted service-based stock units and 35,000 restricted service-based stock awards to employees. The grant date fair value of these awards was $5,116 based on a stock price of $44.87 per share on the date of grant. Approximately 70% of the awards vest ratably over three years and approximately 30% of the awards vest ratably over four years. Stock-based compensation expense attributable to the service-based units and awards is amortized on a straight-line basis over the requisite service period. On November 6, 2023, under the Incentive Plan, Malibu Boats, Inc. granted to employees a target amount of approximately 26,000 restricted stock awards with a performance condition. The number of shares that will ultimately be issued, if any, is based on the attainment of a specified amount of earnings during the fiscal year ending June 30, 2026. The maximum number of shares that can be issued if an elevated earnings target is met is approximately 39,000. The grant date fair value of the awards were estimated to be $1,167, based on a stock price of $44.87. These shares are not expected to vest based on the expectation that the related performance criteria will not be met. Compensation costs associated with the performance awards are recognized over the requisite service period based on probability of achievement in accordance with ASC Topic 718, Compensation—Stock Compensation. On November 6, 2023, under the Incentive Plan, Malibu Boats, Inc. granted to employees a target amount of approximately 26,000 stock awards with a market condition. The number of shares that will ultimately be issued, if any, is based on a total shareholder return ("TSR") computation that involves comparing the movement in Malibu Boats, Inc.'s stock price to movement in a market index from the grant date through November 6, 2026. The maximum number of shares that can be issued if an elevated TSR target is met is approximately 52,000. The grant date fair value of the awards were estimated to be $1,284, which is estimated using a Monte Carlo simulation. The Monte Carlo simulation model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award grant and calculates the fair market value for the stock award. Compensation costs are recognized over the requisite service period based on probability of achievement in accordance with ASC Topic 718, Compensation—Stock Compensation . On November 27, 2023, under the Incentive Plan, Malibu Boats, Inc. granted two awards to its newly-appointed Chief Financial Officer. The two service-based stock awards include approximately 7,000 units that will vest over two years and approximately 6,000 units that will vest over four years. The combined grant date fair value of these awards was $600 based on a stock price of $44.85 per share on the date of grant. On February 20, 2024, following the announcement of upcoming departure of Malibu’s Chief Executive Officer, Malibu Boats, Inc. granted a one-time award of 92,699 restricted stock units to its President and 5,330 shares of restricted stock to a non-employee director who was appointed Executive Chair. The award to the President will vest over four years and has a fair value of $4,000. The award to the Executive Chair vested immediately and has a fair value of $230. The fair value of both awards was based on a stock price of $43.15 on the date of grant. The following table presents the number, grant date stock price per share, and weighted-average exercise price per share of the Company’s employee option awards: Fiscal Year Ended June 30, 2024 2023 2022 Shares Weighted Average Exercise Price/Share Shares Weighted Average Exercise Price/Share Shares Weighted Average Exercise Price/Share Total outstanding Options at beginning of year 17,973 $ 37.55 49,223 $ 40.46 161,723 $ 32.64 Options exercised — — (31,250) 42.13 (112,500) 29.22 Outstanding options at end of year 17,973 $ 37.55 17,973 $ 37.55 49,223 $ 40.46 Exercisable at end of year 17,973 $ 37.55 17,973 $ 37.55 31,730 $ 40.26 The weighted average remaining contractual life of options outstanding and options outstanding and exercisable as of June 30, 2024 was 0.54 years, respectively. The total intrinsic value of options exercised during the years ended June 30, 2024, 2023 and 2022 was zero, $557 and $3,751, respectively. The total intrinsic value of options outstanding and options outstanding and exercisable at June 30, 2024 was zero, respectively. The total intrinsic values are based on the Company’s closing stock price on the last trading day of the applicable year for in-the-money options. The Company's non-employee directors receive an annual retainer for their services as directors consisting of both a cash retainer and equity awards in the form of Class A Common Stock or restricted stock units. Directors may elect that their cash annual retainer be converted into either fully vested shares of Class A Common Stock or restricted stock units paid on a deferral basis. Equity awards issued to directors are fully vested at the date of grant. Directors receiving restricted stock units as compensation for services have no rights as a stockholder of the Company, no dividend rights (except with respect to dividend equivalent rights), and no voting rights until Class A Common Stock is actually issued to them upon separation from service or change in control as defined in the Incentive Plan. If dividends are paid by the Company to its stockholders, directors would be entitled to receive an equal number of restricted stock units based on their proportional interest. For the fiscal year ended June 30, 2024, the Company issued 12,130 shares of Class A Common Stock, 13,429 restricted stock units and 5,330 shares of restricted stock with a weighted-average grant date fair value of $45.80 to its non-employee directors for their services as directors pursuant to the Incentive Plan. For the fiscal year ended June 30, 2023, the Company issued 2,105 shares of Class A Common Stock and 20,643 restricted stock units with a weighted-average grant date fair value of $52.45 to its non-employee directors for their services as directors pursuant to the Incentive Plan. For the fiscal year ended June 30, 2022, the Company issued 1,481 shares of Class A Common Stock and 14,258 restricted stock units with a weighted-average grant date fair value of $72.42 to its non-employee directors for their services as directors pursuant to the Incentive Plan. The following table presents the number and weighted-average grant date fair value of the Company’s director and employee restricted stock units and restricted stock awards: Fiscal Year Ended June 30, 2024 2023 2022 Number of Restricted Stock Units and Restricted Stock Awards Outstanding Weighted Average Grant Date Fair Value Number of Restricted Stock Units and Restricted Stock Awards Outstanding Weighted Average Grant Date Fair Value Number of Restricted Stock Units and Restricted Stock Awards Outstanding Weighted Average Grant Date Fair Value Total Non-vested Restricted Stock Units and Restricted Stock Awards at beginning of year 324,824 $ 57.98 369,649 $ 55.75 314,916 $ 44.46 Granted 351,000 44.06 214,172 52.30 164,290 70.74 Vested (125,362) 52.93 (180,898) 46.49 (100,441) 44.82 Forfeited (31,356) 53.12 (78,099) 58.45 (9,116) 56.41 Total Non-vested Restricted Stock Units and Restricted Stock Awards at end of year 519,106 $ 50.08 324,824 $ 57.98 369,649 $ 55.75 As of June 30, 2024, the total unrecognized compensation cost related to nonvested, share-based compensation was 13,832, which the Company expects to recognize over a weighted-average period of 2.6 years. Stock compensation expense attributable to all of the Company's equity awards was $4,935, $5,894 and $6,342 for fiscal years 2024, 2023 and 2022, respectively, is included in general and administrative expense in the Company's consolidated statements of operations and comprehensive (loss) income. The cash flow effects resulting from all equity awards were reflected as noncash operating activities. During fiscal years 2024, 2023 and 2022, the Company withheld 33,877, 54,909 and 27,420 shares at an aggregate cost of $1,489, $3,135 and $2,058, respectively, as permitted by the applicable equity award agreements, to satisfy employee tax withholding requirements for employee share-based equity awards that have vested.

Net (Loss) Earnings Per Share

Net (Loss) Earnings Per Share	12 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Net (Loss) Earnings Per Share	Net (Loss) Earnings Per Share Basic net (loss) income per share of Class A Common Stock is computed by dividing net (loss) income attributable to the Company's earnings by the weighted average number of shares of Class A Common Stock outstanding during the period. The weighted average number of shares of Class A Common Stock outstanding used in computing basic net (loss) income per share includes fully vested restricted stock units awarded to directors that are entitled to participate in distributions to common shareholders through receipt of additional units of equivalent value to the dividends paid to Class A Common Stock holders. Diluted net (loss) income per share of Class A Common Stock is computed similarly to basic net (loss) income per share except the weighted average shares outstanding are increased to include additional shares from the assumed exercise of any common stock equivalents using the treasury method, if dilutive. The Company’s LLC Units and non-qualified stock options are considered common stock equivalents for this purpose. The number of additional shares of Class A Common Stock related to these common stock equivalents and stock options are calculated using the treasury stock method. Stock awards with a performance condition that are based on the attainment of a specified amount of earnings are only included in the computation of diluted earnings per share to the extent that the performance condition would be achieved based on the current amount of earnings, and only if the effect would be dilutive. Stock awards with a market condition that are based on the performance of the Company's stock price in relation to a market index over a specified time period are only included in the computation of diluted earnings per share to the extent that the shares would be issued based on the current market price of the Company's stock in relation to the market index, and only if the effect would be dilutive. Basic and diluted net (loss) income per share of Class A Common Stock has been computed as follows (in thousands, except share and per share amounts): Fiscal Year Ended June 30, 2024 2023 2022 Basic: Net (loss) income attributable to Malibu Boats, Inc. $ (55,912) $ 104,513 $ 157,632 Shares used in computing basic net (loss) income per share: Weighted-average Class A Common Stock 20,167,169 20,245,980 20,511,571 Weighted-average participating restricted stock units convertible into Class A Common Stock 272,280 255,864 237,666 Basic weighted-average shares outstanding 20,439,449 20,501,844 20,749,237 Basic net (loss) income per share $ (2.74) $ 5.10 $ 7.60 Diluted: Net (loss) income attributable to Malibu Boats, Inc. $ (55,912) $ 104,513 $ 157,632 Shares used in computing diluted net (loss) income per share: Basic weighted-average shares outstanding 20,439,449 20,501,844 20,749,237 Restricted stock units granted to employees — 66,954 116,874 Weighted-average stock options convertible into Class A Common Stock — 12,707 47,525 Weighted-average market performance awards convertible into Class A Common Stock — 59,668 72,620 Diluted weighted-average shares outstanding 1 20,439,449 20,641,173 20,986,256 Diluted net (loss) income per share $ (2.74) $ 5.06 $ 7.51 1 The Company excluded 612,277, 516,205, and 686,178 potentially dilutive shares from the calculation of diluted net (loss) income per share for the fiscal year ended June 30, 2024, 2023, and 2022, respectively, as these units would have been antidilutive. The shares of Class B Common Stock do not share in the earnings or losses of Malibu Boats, Inc. and are therefore not included in the calculation. Accordingly, basic and diluted net (loss) income per share of Class B Common Stock has not been presented.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Repurchase Commitments In connection with its dealers’ wholesale floor-plan financing of boats, the Company has entered into repurchase agreements with various lending institutions. The reserve methodology used to record an estimated expense and loss reserve in each accounting period is based upon an analysis of likely repurchases based on current field inventory and likelihood of repurchase. Subsequent to the inception of the repurchase commitment, the Company evaluates the likelihood of repurchase and adjusts the estimated loss reserve accordingly. When a potential loss reserve is recorded it is presented in accrued liabilities in the accompanying consolidated balance sheets. If the Company were obligated to repurchase a significant number of units under any repurchase agreement, its business, operating results and financial condition could be adversely affected. The total amount financed under the floor financing programs with repurchase obligations was $367,950 and $385,448 as of June 30, 2024 and 2023, respectively. Repurchases and subsequent sales are recorded as a revenue transaction. The net difference between the repurchase price and the resale price is recorded against the loss reserve and presented in cost of sales in the accompanying consolidated statements of operations and comprehensive (loss) income. For fiscal year 2024, the company repurchased 17 units under repurchase agreements. Additionally, during the period from July 1, 2024 to August 29, 2024, we repurchased 19 units totaling $2.5 million subject to the Company's repurchase agreement with M&T Bank, the lender under the floor financing plan for Tommy's Boats. With respect to boats not subject to the repurchase agreement, the bankruptcy trustee has retained Gordon Brothers to sell the remaining inventory as part of liquidation sales that are ongoing. We have been in discussions with the trustee regarding the inventory being liquidated. For fiscal year 2023 and 2022, the Company did not repurchase any units under its repurchase agreements. The Company did not carry a reserve for repurchases as of June 30, 2024 and 2023, respectively. The Company has collateralized receivables financing arrangements with a third-party floor plan financing provider for European dealers. Under terms of these arrangements, the Company transfers the right to collect a trade receivable to the financing provider in exchange for cash but agrees to repurchase the receivable if the dealer defaults. Since the transfer of the receivable to the financing provider does not meet the conditions for a sale under ASC Topic 860, Transfers and Servicing , the Company continues to report the transferred trade receivable in other current assets with an offsetting balance recorded as a secured obligation in accrued expenses in the Company's consolidated balance sheets. As of June 30, 2024 and 2023 , the Company had no financing receivables recorded in other current assets and accrued expenses related to these arrangements. Contingencies Product Liability The Company is engaged in a business that exposes it to claims for product liability and warranty claims in the event the Company’s products actually or allegedly fail to perform as expected or the use of the Company’s products results, or is alleged to result, in property damage, personal injury or death. Although the Company maintains product and general liability insurance of the types and in the amounts that the Company believes are customary for the industry, the Company is not fully insured against all such potential claims. The Company may have the ability to refer claims to its suppliers and their insurers to pay the costs associated with any claims arising from the suppliers’ products. The Company’s insurance covers such claims that are not adequately covered by a supplier’s insurance and provides for excess secondary coverage above the limits provided by the Company’s suppliers. The Company may experience legal claims in excess of its insurance coverage or claims that are not covered by insurance, either of which could adversely affect its business, financial condition and results of operations. Adverse determination of material product liability and warranty claims made against the Company could have a material adverse effect on its financial condition and harm its reputation. In addition, if any of the Company's products are, or are alleged to be, defective, the Company may be required to participate in a recall of that product if the defect or alleged defect relates to safety. These and other claims that the Company faces could be costly to the Company and require substantial management attention. Refer to Note 9 for discussion of warranty claims. The Company insures against product liability claims and, except as disclosed below, believes there are no material product liability claims as of June 30, 2024 that will have a material adverse impact on the Company's results of operations, financial condition or cash flows. Litigation Certain conditions may exist which could result in a loss, but which will only be resolved when future events occur. The Company, in consultation with its legal counsel, assesses such contingent liabilities, and such assessments inherently involve an exercise of judgment. If the assessment of a contingency indicates that it is probable that a loss has been incurred, the Company accrues for such contingent loss when it can be reasonably estimated. If the assessment indicates that a potentially material loss contingency is not probable but reasonably estimable, or is probable but cannot be estimated, the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material, is disclosed. If the assessment of a contingency deemed to be both probable and reasonably estimable involves a range of possible losses, the amount within the range that appears at the time to be a better estimate than any other amount within the range would be accrued. When no amount within the range is a better estimate than any other amount, the minimum amount in the range is accrued even though the minimum amount in the range is not necessarily the amount of loss that will be ultimately determined. Estimates of potential legal fees and other directly related costs associated with contingencies are not accrued but rather are expensed as incurred. Except as disclosed below, management does not believe there are any pending claims (asserted or unasserted) at June 30, 2024 or June 30, 2023 that will have a material adverse impact on the Company’s financial condition, results of operations or cash flows. Legal Proceedings Batchelder Matters MBI and its indirect subsidiary Boats LLC were defendants in the product liability case Batchelder et al. v. Malibu Boats, LLC, f/k/a Malibu Boats, Inc.; Malibu Boats West, Inc., et. al., Superior Court of Rabun County, Georgia, Civil Action Case No. 2016-CV-0114-C (the "Batchelder I Matter"), brought by, among others, Stephan Paul Batchelder and Margaret Mary Batchelder as Administrators of the Estate of Ryan Paul Batchelder, deceased (“Batchelder I Plaintiffs”). The Batchelder I Plaintiffs also sued the manufacturer of the boat at issue in the case, Malibu Boats West, Inc. (“West”). West is not, and has never been, a subsidiary of MBI or Boats LLC but was a separate legal entity whose assets were purchased by Boats LLC in 2006. The case involved a personal injury accident in 2014 involving a 2000 model year boat that was manufactured by West. On August 28, 2021, the jury rejected the Batchelder I Plaintiffs’ design defect claims and found that the driver of the boat was 75% at fault for the accident. Notwithstanding those findings, the jury found that Boats LLC and West negligently failed to warn of a hazard posed by the boat and that such failure was a proximate cause of the death of the decedent. The jury also found that Boats LLC is a legal successor of, and responsible for the liabilities of, West. The jury awarded compensatory damages of $80,000 and apportioned 15% of such damages to Boats LLC and 10% of such damages to West. In addition, the jury awarded $80,000 of punitive damages against Boats LLC and $40,000 of punitive damages against West. Based on the jury’s finding of successor liability, the trial court entered judgment for the full amount of the verdict against Boats LLC, with a potential maximum liability to Boats LLC of $140,000, plus post-judgment interest at a rate of 6.25% per annum. The Batchelder I Plaintiffs also filed motions, after the judgment, seeking orders requiring Boats LLC to pay pre-judgment interest and a portion of their attorney fees. The Batchelder I Plaintiffs claimed they are owed attorneys' fees of approximately $56,000. The Company opposed both motions. The trial court denied the Batchelder I Plaintiffs’ motion for prejudgment interest and held that ruling on the Batchelder I Plaintiffs’ motion for attorneys’ fees would be premature, indicating that it would decide whether the Batchelder I Plaintiffs have the right to attorneys’ fees, and if so what amount is reasonable, if still necessary upon the resolution of Boats LLC’s post-trial motions and any related appeals. The Batchelder I Plaintiffs appealed the trial court’s order denying their motion for prejudgment interest. On July 17, 2022, the trial court denied Boats LLC’s post-trial motions, and Boats LLC filed a notice of appeal. Pending resolution of the appeals process, the payment of any damages was stayed. Boats LLC was also a defendant in a related product liability case, Stephan Paul Batchelder and Margaret Mary Batchelder, as Natural Guardians of Josh Patrick Batchelder, a minor; Darin Batchelder, individually, and as Natural Guardian of Zach Batchelder, a minor; and Kayla Batchelder (the “Batchelder II Plaintiffs” and, together with the Batchelder I Plaintiffs, the “Batchelder Plaintiffs”) v. Malibu Boats, LLC v. Dennis Michael Ficarra; Superior Court of Rabun County, Civil Action File No. 2022-CV-0034 (the “Batchelder II Matter” and, together with the Batchelder I Matter, the “Batchelder Matters”). The complaint was filed on February 9, 2022 as a purported renewal of earlier claims by the Batchelder II Plaintiffs that were dismissed without prejudice. The case involved claims by the Batchelder II Plaintiffs of their own alleged bodily injury and emotional distress stemming from the same accident involving the alleged swamping of the boat manufactured and sold by West that is the subject of the Batchelder I Matter. As noted above, West is not, and has never been, a subsidiary of MBI or Boats LLC but was a separate legal entity whose assets were purchased by Boats LLC in 2006. Four Batchelder II Plaintiffs sought damages for personal injury and punitive damages, alleging that the accident was caused by a design defect and a failure to warn. The Batchelder II Plaintiffs' claims were dismissed without prejudice from the Batchelder I Matter shortly before the trial for the Batchelder I Matter, however, and thus the new complaint was a renewal action of the original complaint. On June 30, 2023, Malibu Boats, Inc. and Boats LLC entered into a Confidential General Release and Settlement Agreement (the “Settlement Agreement”) with the Batchelder I Plaintiffs and the Batchelder II Plaintiffs in settlement of each of the Batchelder Matters. Pursuant to the Settlement Agreement, among other things, Malibu Boats, Inc., or Boats LLC, as the case may be, paid (or caused to be paid) to the Batchelder Plaintiffs and their agents a total of $100,000, of which (a) $40,000 was paid to the Batchelder Plaintiffs and their agents promptly following the execution of the Settlement Agreement and (b) $60,000 was placed in an escrow account and held by the Escrow Agent pursuant to the terms of an Escrow Agreement. All conditions for releasing the $60,000 placed in the escrow account have been satisfied. MBI and its subsidiaries, including Boats LLC, maintain liability insurance applicable to the Batchelder Matters described above with coverage up to $26,000. As of June 30, 2024, the Company had received approximately $21,000 in insurance coverage proceeds, subject in certain cases to reservations of rights by the insurance carriers. The Company contends that the insurance carriers are responsible for the entirety of the $100,000 settlement amount and related expenses, and therefore, the insurers’ payments to date are well below what they should have tendered to Boats LLC. Accordingly, on July 3, 2023, Boats LLC filed a complaint against Federal Insurance Company (a Chubb subsidiary) and Starr Indemnity & Liability Company alleging that the insurers unreasonably failed to comply with their obligations by refusing, negligently, and in bad faith, to settle covered claims within their available policy limits prior to trial. On April 8, 2024, the court dismissed Starr, noting that only Chubb had the contractual right and duty to settle the Batchelder matters prior to trial. The Court subsequently granted the Company's motion for partial summary judgement, which precludes Chubb from apportioning liability to Starr. The Company intends to vigorously pursue its claims against Chubb to recover the full $100,000 settlement amount and expenses (less any monies already tendered without reservation by the carriers). However, the Company cannot predict the outcome of such litigation. Tommy's Boats and Matthew Borisch On April 10, 2024, fifteen dealerships operated under common control of Tommy’s Boats (“Tommy’s Boats”) filed a complaint against MBI and its indirect subsidiary Boats LLC in the United States District Court for the Eastern District of Tennessee (Case 3:24-cv-00166). The complaint alleges that MBI and Boats LLC breached obligations under dealership agreements with Tommy’s Boats, quantum meruit, unjust enrichment, promissory estoppel and intentional and negligent misrepresentations relating to the parties’ commercial relationship. Tommy’s Boats is seeking monetary damages. Boats LLC has taken possession of 19 new model year 2024 boats according to a repurchase agreement with M&T Bank, the floor financing lender to Tommy’s Boats. On July 3, 2024, the trustee appointed in the Chapter 11 bankruptcy cases for Tommy's Boats voluntarily dismissed without prejudice the claims filed by Tommy's Boats. Pursuant to an order of the bankruptcy court, the Company has agreed to cooperate in good faith to mediate with the Chapter 11 trustee. On August 16, 2024, Matthew Borisch, the principal owner of Tommy’s Boats, filed a complaint against MBI, Boats LLC, and Jack Springer in the United States District Court for the Eastern District of Tennessee (Case 3:24-cv-00339), alleging similar allegations to those of the dismissed complaint against MBI and Boats LLC filed by Tommy’s Boats. The Company is unable to provide any reasonable evaluation of the likelihood that a loss will be incurred or any reasonable estimate of the range of possible loss. Securities Class Action Lawsuit On April 29, 2024, stockholder Seongjae Yoon, individually and on behalf of all others similarly situated, (the “Securities Plaintiff”) filed a complaint against MBI and Jack Springer, Bruce Beckman, David Black, and Wayne Wilson as current and former officers of the Company in the United States District Court for the Southern District of New York (Case 1:24-cv-03254). The complaint alleges violations of the Securities Exchange Act of 1934, as amended, in connection with allegedly false and misleading statements made by the Company related to its business, operations, and prospects during the period from November 4, 2022 through April 11, 2024. The complaint alleges, among other things, that the Company violated Sections 10(b) and 20(a) of the Exchange Act and SEC Rule 10b-5 by not disclosing alleged material adverse facts related to the Company’s inventory and relationship with one of its former dealers, Tommy’s Boats, and accordingly, that any positive statements made during the class period about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. The Company intends to vigorously defend itself against claims alleged in this securities class action. The Company is unable to provide any reasonable evaluation of the likelihood that a loss will be incurred or any reasonable estimate of the range of possible loss. Customer Class Action Lawsuit On May 31, 2024, a customer filed a class action complaint against MBI and Boats LLC in the United States District Court for the District of Delaware. (Case 1:24-cv-00648). The complaint, which purports to be filed on behalf of a nationwide class of customers, alleges violation of common law, the Magnusson-Moss Warranty Act, breach of express warranty, breach of implied warranty, and violation of California’s Consumer Legal Remedies Act based on guidance issued to customers of certain older model boats related to riding in the bow area of those boats. The Company intends to vigorously defend itself. The Company is unable to provide any reasonable evaluation of the likelihood that a loss will be incurred or any reasonable estimate of the range of possible loss.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions As of June 30, 2024, there were two non-employee members of the Company's board of directors that are also original shareholders of the Company and receive an annual retainer as compensation for services rendered. For the fiscal years ended June 30, 2024, 2023 and 2022, $484, $409 and $385, respectively, was paid to these directors in both cash and equity for their services. Of the amount paid, zero and $74 was a prepayment for services through the 2024 and 2023 annual meetings for both of the years ended June 30, 2024 and 2023, respectively.

Segment Reporting

Segment Reporting	12 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company has three reportable segments, Malibu, Saltwater Fishing and Cobalt. The Malibu segment participates in the manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Saltwater Fishing segment participates in the manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group brand boats (Maverick, Cobia, Pathfinder and Hewes). The Cobalt segment participates in the manufacturing, distribution, marketing and sale of Cobalt boats throughout the world. There is no country outside of the United States from which the Company (a) derived net sales equal to 10% of total net sales, or (b) attributed assets equal to 10% of total assets. Net sales are attributed to countries based on the location of the dealer. The following table presents financial information for the Company’s reportable segments for the fiscal years ended June 30, 2024, 2023, and 2022. Fiscal Year Ended June 30, 2024 Malibu Saltwater Fishing Cobalt Total Net sales $ 279,131 $ 327,542 $ 222,362 $ 829,035 Depreciation and amortization 9,714 13,814 9,461 32,989 Net (loss) income before (benefit) provision for income taxes (11,589) (62,208) 16,012 (57,785) Capital expenditures 3,504 11,378 61,080 75,962 Long-lived assets 71,980 226,067 173,418 471,465 Total assets $ 122,707 $ 350,063 $ 266,854 $ 739,624 Fiscal Year Ended June 30, 2023 Malibu Saltwater Fishing Cobalt Total Net sales $ 636,247 $ 449,156 $ 302,962 $ 1,388,365 Depreciation and amortization 8,974 11,918 7,828 28,720 Net income before provision for income taxes 40,157 57,748 43,586 141,491 Capital expenditures 27,660 22,027 5,153 54,840 Long-lived assets 88,060 317,514 121,253 526,827 Total assets $ 249,447 $ 432,806 $ 243,671 $ 925,924 Fiscal Year Ended June 30, 2022 Malibu Saltwater Fishing Cobalt Total Net sales $ 607,543 $ 341,930 $ 265,404 $ 1,214,877 Depreciation and amortization 8,398 10,880 7,044 26,322 Net income before provision for income taxes 137,133 34,049 38,783 209,965 Capital expenditures 22,072 26,806 6,186 55,064 Long-lived assets 68,739 307,057 124,030 499,826 Total assets $ 264,551 $ 384,684 $ 202,091 $ 851,326

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net (loss) income attributable to Malibu Boats, Inc.	$ (55,912)	$ 104,513	$ 157,632

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
	Jun. 30, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Organization, Basis of Presen_2

Organization, Basis of Presentation, and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP"). Units and shares are presented as whole numbers while all dollar amounts are presented in thousands, unless otherwise noted.
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the operations and accounts of the Company and all subsidiaries thereof. All intercompany balances and transactions have been eliminated upon consolidation.
Segment Reporting	Segment Reporting The Company has three reportable segments, Malibu, Saltwater Fishing and Cobalt. The Malibu segment participates in the manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Saltwater Fishing segment participates in the manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group boats (Maverick, Cobia, Pathfinder and Hewes). The Cobalt segment participates in the manufacturing, distribution, marketing and sale of Cobalt boats throughout the world.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could be material.
Certain Significant Risks and Uncertainties	Certain Significant Risks and Uncertainties The Company is subject to those risks common in manufacturing-driven markets, including, but not limited to, competitive forces, dependence on key personnel, consumer demand for its products, the successful protection of its proprietary technologies, compliance with government regulations and the possibility of not being able to obtain additional financing if and when needed.
Concentration of Credit and Business Risk	Concentration of Credit and Business Risk A majority of the Company’s sales are made pursuant to floor plan financing programs in which the Company participates on behalf of its dealers through a contingent repurchase agreement with various third-party financing institutions. Under these arrangements, a dealer establishes a line of credit with one or more of these third-party lenders for the purchase of dealer boat inventory. When a dealer purchases and takes delivery of a boat pursuant to a floor plan financing arrangement, it draws against its line of credit and the lender pays the invoice cost of the boat directly to the Company within approximately two weeks. For dealers that use local floor plan financing programs or pay cash, the Company may extend credit without collateral under the
Cash	Cash The Company considers all highly liquid investments purchased with an original maturity of 90 days or less to be cash equivalents. Cash equivalents are stated at cost, which approximates fair value. As of June 30, 2024 and 2023, no highly liquid investments were held and the entire balance consists of cash. At June 30, 2024 and 2023, substantially all cash on hand was held by two financial institutions. This cash on deposit may be, at times, in excess of insurance limits provided by the FDIC.
Trade Accounts Receivable	Trade Accounts Receivable Trade receivables are carried at original invoice amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. As of June 30, 2024 and 2023, the allowance for doubtful receivables was $0. Management determines the allowance for doubtful accounts by identifying troubled accounts and by using historical experience applied to an aging of accounts. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are recorded when received. A trade receivable is considered to be past due if any portion of the receivable balance is outstanding beyond customer terms.
Goodwill and Intangible Assets	Goodwill Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Goodwill amounts are not amortized, but rather are evaluated for potential impairment on an annual basis, as of June 30, in accordance with the provisions of ASC Topic 350, Intangibles—Goodwill and Other . Under the guidance, the Company may assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If this assessment indicates the possibility of impairment, the income approach to test for goodwill impairment would be used. Under the income approach, management calculates the fair value of its reporting units based on the present value of estimated future cash flows. If the fair value of an individual reporting unit exceeds the carrying value of the net assets including goodwill assigned to that unit, goodwill is not impaired. If the carrying value of the reporting unit’s net assets including goodwill exceeds the fair value of the reporting unit, then management determines the implied fair value of the reporting unit’s goodwill. If the carrying value of the reporting unit’s goodwill exceeds its implied fair value, then the Company would record an impairment loss equal to the difference. During the three months ended March 31, 2024, the Company determined certain indicators of potential impairment existed, warranting an interim impairment assessment of goodwill as of March 31, 2024. These indicators included a decline in the fiscal year 2024 and fiscal year 2025 forecast, in the outlook for sales and operating performance relative to our business plan and a deterioration in general macroeconomic conditions, including rising interest rates and inflationary pressures on labor and supply costs. As a result of these macroeconomic factors, specifically a decline in the fiscal year 2024 and fiscal year 2025 forecast, the Company performed a goodwill impairment analysis as of March 31, 2024 consistent with the Company’s approach for annual impairment testing, including similar models and inputs. Based on such analysis, the Company determined that its estimated fair value for the Maverick Boat Group reporting unit is less than its carrying value as of March 31, 2024 and the Company recognized an impairment charge of $49,189 for the three months ended March 31, 2024. For the fiscal year ended June 30, 2024, the Company performed a qualitative assessment on the remaining reporting units which indicated that the fair value of its reporting units more likely than not exceeded their respective carrying amounts. For the fiscal year ended June 30, 2023, the Company performed a quantitative assessment on the Maverick Boat Group reporting unit which indicated that the fair value of its reporting unit more likely than not exceeded its carrying amount. For the fiscal year ended June 30, 2023, the Company performed a qualitative assessment on the remaining reporting units which indicated that the fair value of its reporting units more likely than not exceeded their respective carrying amounts. The Company did not recognize any goodwill impairment charges in the fiscal years ended June 30, 2023 and 2022. Intangible Assets Intangible assets consist primarily of dealer relationships, product trade names, legal and contractual rights surrounding a patent and a non-compete agreement. These assets are recorded at their estimated fair values at the acquisition dates using the income approach. Definite-lived intangible assets are being amortized using the straight-line method based on their estimated useful lives ranging from 10 to 20 years. The estimated useful lives of dealer relationships consider the average length of dealer relationships at the time of acquisition, historical rates of dealer attrition and retention, the Company’s history of renewal and extension of dealer relationships, as well as competitive and economic factors resulting in a range of useful lives. The estimated useful lives of the Company’s trade names are based on a number of factors including the competitive environment. The estimated useful lives of legal and contractual rights are estimated based on the benefits that the patent provides for its remaining terms unless competitive, technological obsolescence or other factors indicate a shorter life. The useful life of the non-compete agreement is based on a ten-year agreement entered into by the Company and former owner of the Licensee as part of the acquisition. In addition, the Company has indefinite-lived intangible assets for acquired trade names. Management, assisted by third-party valuation specialists, determined the estimated fair values of separately identifiable intangible assets at the date of acquisition under the income approach. Significant data and assumptions used in the valuations included cost, market and income comparisons, discount rates, royalty rates and management forecasts. Discount rates for each intangible asset were selected based on judgment of relative risk and approximate rates of returns investors in the subject assets might require. The royalty rates were based on historical and projected sales and profits of products sold and management’s assessment of the intangibles’ importance to the sales and profitability of the product. Management provided forecasts of financial data pertaining to assets, liabilities and income statement balances to be utilized in the valuations. While management believes the assumptions, estimates, appraisal methods and ensuing results are appropriate and represent the best evidence of fair value in the circumstances, modification or use of other assumptions or methods could have yielded different results. The carrying amount of definite-lived intangible assets are reviewed whenever circumstances arise that indicate the carrying amount of an asset may not be recoverable. The carrying value of these assets is compared to the undiscounted future cash flows the assets are expected to generate. If the asset is considered to be impaired, the carrying value is compared to the fair value and this difference is recognized as an impairment loss. Intangible assets not subject to amortization are assessed for impairment at least annually and whenever events or changes in circumstances indicate that it is more likely than not that an asset may be impaired. The impairment test for indefinite-lived intangible assets consists of a comparison of the fair value of the intangible asset with its carrying amount. An impairment loss is recognized for the amount by which the carrying value exceeds the fair value of the asset.
Long-Lived Assets Other than Intangible Assets	Long-Lived Assets Other than Intangible Assets The Company assesses the potential for impairment of its long-lived assets if facts and circumstances, such as declines in sales, earnings, or cash flows or adverse changes in the business climate, suggest that they may be impaired. A current expectation that, more likely than not, a long-lived asset (asset group) will be sold or otherwise disposed of significantly before the end of its previously estimated useful life will also trigger a review for impairment. The Company performs its assessment by comparing the book value of the asset groups to the estimated future undiscounted cash flows associated with the asset groups. If any impairment in the carrying value of its long-lived assets is indicated, the assets would be adjusted to an estimate of fair value.
Dealer Incentives	Dealer Incentives The Company provides for various structured dealer rebate and sales promotions incentives, which are recognized as a component of sales in measuring the amount of consideration the Company expects to receive in exchange for transferring goods, at the time of sale to the dealer. Examples of such programs include rebates, seasonal discounts and other allowances. Dealer rebates and sales promotion expenses are estimated based on current programs and historical achievement and/or usage rates. Actual results may differ from these estimates if market conditions dictate the need to enhance or reduce sales promotion and incentive programs or if dealer achievement or other items vary from historical trends. Free floor financing incentives include payments to the lenders providing floor plan financing to the dealers or directly to the dealers themselves. Free floor financing incentives are estimated at the time of sale to the dealer based on the expected expense to the Company over the term of the free flooring period and are recognized as a reduction in sales. The Company accounts for both incentive payments directly to dealers and payment to third party lenders in this manner. Dealer incentives are included in accrued expenses on the Company's consolidated balance sheets.
Tax Receivable Agreement	Tax Receivable Agreement As a result of exchanges of LLC Units into Class A Common Stock and purchases by the Company of LLC Units from holders of LLC Units, the Company will become entitled to a proportionate share of the existing tax basis of the assets of the LLC at the time of such exchanges or purchases. In addition, such exchanges or purchases of LLC Units are expected to result in increases in the tax basis of the assets of the LLC that otherwise would not have been available. These increases in tax basis may reduce the amount of tax that the Company would otherwise be required to pay in the future. These increases in tax basis may also decrease gains (or increase losses) on future dispositions of certain capital assets to the extent tax basis is allocated to those capital assets. In connection with the recapitalization the Company completed in connection with its IPO, the Company entered into a tax receivable agreement with the pre-IPO owners of the LLC that provides for the payment by the Company to the pre-IPO owners (or any permitted assignees) of 85% of the amount of the benefits, if any, that the Company deems to realize as a result of (i) increases in tax basis and (ii) certain other tax benefits, including those attributable to payments, under the tax receivable agreement. These contractual payment obligations are the Company's obligations and are not obligations of the LLC, and are accounted for in accordance with ASC 450, Contingencies , since the obligations were deemed to be probable and reasonably estimable. For purposes of the tax receivable agreement, the benefit deemed realized by the Company will be computed by comparing its actual income tax liability (calculated with certain assumptions) to the amount of such taxes that it would have been required to pay had there been no increase to the tax basis of the assets of the LLC as a result of the purchases or exchanges, and had the Company not entered into the tax receivable agreement. The timing and/or amount of aggregate payments due under the tax receivable agreement may vary based on a number of factors, including the amount and timing of the taxable income the Company generates in the future and the tax rate then applicable and amortizable basis. The term of the tax receivable agreement will continue until all such tax benefits have been utilized or expired, unless the Company exercises its right to terminate the tax receivable agreement for an amount based on the agreed payments remaining to be made under the agreement. In certain mergers, asset sales or other forms of business combinations or other changes of control, the Company (or its successor) would owe to the pre-IPO owners of the LLC (or any permitted assignees) a lump-sum
Income Taxes	Income Taxes Malibu Boats, Inc. is taxed as a C corporation for U.S. income tax purposes and is therefore subject to both federal and state taxation at a corporate level. Following the IPO, the LLC continues to operate in the United States as a partnership for U.S. federal income tax purposes. Maverick Boat Group is taxed as a C corporation for U.S. income tax purposes and is separately subject to both federal and state taxation at a corporate level. The Company files various federal and state tax returns, including some returns that are consolidated with subsidiaries. The Company accounts for the current and deferred tax effects of such returns using the asset and liability method. Significant judgments and estimates are required in determining the Company's current and deferred tax assets and liabilities, which reflect management's best assessment of the estimated future taxes it will pay. These estimates are updated throughout the year to consider income tax return filings, its geographic mix of earnings, legislative changes and other relevant items. The Company recognizes deferred tax assets and liabilities based on the differences between the financial statement carrying amounts of assets and liabilities and the amounts applicable for income tax purposes. Deferred tax assets represent items to be realized as a tax deduction or credit in future tax returns. Realization of the deferred tax assets ultimately depends on the existence of sufficient taxable income of the appropriate character in either the carryback or carryforward period. Each quarter the Company analyzes the likelihood that its deferred tax assets will be realized. A valuation allowance is recorded if, based on the weight of all available positive and negative evidence, it is more likely than not (a likelihood of more than 50%) that some portion, or all, of a deferred tax asset will not be realized (see Note 13). On an annual basis, the Company performs a comprehensive analysis of all forms of positive and negative evidence based on year end results. During each interim period, the Company updates its annual analysis for significant changes in the positive and negative evidence. If the Company later determines that realization is more likely than not for deferred tax assets with a valuation allowance, the related valuation allowance will be reduced. Conversely, if the Company determines that it is more likely than not that the Company will not be able to realize a portion of its deferred tax assets, the Company will increase the valuation allowance. The Company recognizes a tax benefit associated with an uncertain tax position when, in its judgment, it is more likely than not that the position will be sustained based upon the technical merits of the position. For a tax position that meets the more-likely-than-not recognition threshold, the Company initially and subsequently measures the income tax benefit as the largest amount that it judges to have a greater than 50% likelihood of being realized. The liability associated with unrecognized tax benefits is adjusted periodically due to changing circumstances, such as the progress of tax audits, case law developments and new or emerging legislation. Such adjustments are recognized entirely in the period in which they are identified. The Company's income tax provision includes the net impact of changes in the liability for unrecognized tax benefits. The Company has filed federal and state income tax returns that remain open to examination for fiscal years 2021 through 2023, while its subsidiaries, Malibu Boats Holdings, LLC and Malibu Boats Pty Ltd., remain open to examination for years 2020 through 2023. The Company considers an issue to be resolved at the earlier of the issue being “effectively settled,” settlement of an examination, or the expiration of the statute of limitations. Upon resolution, unrecognized tax benefits will be reversed as a discrete event. The Company's liability for unrecognized tax benefits is generally presented as noncurrent. However, if it anticipates paying cash within one year to settle an uncertain tax position, the liability is presented as current. The Company classifies interest and penalties recognized on the liability for unrecognized tax benefits as income tax expense.
Revenue Recognition	Revenue Recognition Revenue is recognized as performance obligations under the terms of contracts with customers are satisfied; this occurs when control of promised goods (boats, parts, or other) is transferred to the customer, which is upon shipment. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. The Company generally manufactures products based on specific orders from dealers and often ships completed products only after receiving credit approval from financial institutions. The amount of consideration the Company receives and revenue it recognizes varies with changes in marketing incentives and rebates it offers to its dealers and their customers. Dealers generally have no rights to return unsold boats. From time to time, however, the Company may accept returns in limited circumstances and at the Company’s discretion under its warranty policy, which generally limits returns to instances of manufacturing defects. The Company may be obligated, in the event of default by a dealer, to accept returns of unsold boats under its repurchase commitment to floor financing providers, who are able to obtain such boats through foreclosure. The Company accrues returns when a repurchase and return, due to the default of one of its dealers, is determined to be probable and the amount of the return is reasonably estimable. Refer to Note 9 and Note 17 related to the Company’s product warranty and repurchase commitment obligations, respectively. Revenue associated with sales of materials, parts, boats or engine products sold under the Company’s exclusive manufacturing and distribution agreement with its Australian subsidiary are eliminated in consolidation.
Delivery Costs	Delivery Costs
Advertising Costs	Advertising Costs
Fair Value of Financial Instruments	Fair Value of Financial Instruments
Fair Value Measurements	Fair Value Measurements The Company applies the provisions of ASC Topic 820, Fair Value Measurement
Equity-Based Compensation	Equity-Based Compensation The Company expenses employee share-based awards under ASC Topic 718, Compensation—Stock Compensation
Foreign Currency Translation	Foreign Currency Translation
Comprehensive (Loss) Income	Comprehensive (Loss) Income Components of comprehensive (loss) income include net (loss) income and foreign currency translation adjustments. The Company has chosen to disclose comprehensive (loss) income in a single continuous consolidated statement of operations and comprehensive (loss) income.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In November, 2023, the FASB issued Accounting Standards Update ("ASU") No. 2023-07 , " Segment Reporting (Topic 280 ): Improvements to Reportable Segment Disclosures" which expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant expenses. The updated standard is effective for annual periods beginning in fiscal 2025 and interim periods beginning in the first quarter of fiscal 2026. Early adoption is permitted. The Company is currently evaluating the effect of adopting this ASU. In December, 2023, the FASB issued ASU No. 2023-09 “ Income Taxes (Topic 740): Improvements to Income Tax Disclosures” which requires two primary enhancements of 1) disaggregated information on a reporting entity’s effective tax rate reconciliation, and 2) information on income taxes paid. For public business entities, the new requirements will be effective for annual periods beginning after December 15, 2024. The guidance will be applied on a prospective basis with the option to apply the standard retrospectively. Early adoption is permitted. The Company is currently evaluating the effect of adopting this ASU. There are no other new accounting pronouncements that are expected to have a significant impact on the Company's consolidated financial statements and related disclosures.

Organization, Basis of Presen_3

Organization, Basis of Presentation, and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Schedule of Dealer Incentives	Changes in the Company’s accrual for dealer rebates were as follows: Fiscal Year Ended June 30, 2024 2023 2022 Balance at beginning of year $ 13,715 $ 15,852 $ 11,666 Add: Dealer rebate incentives 28,385 32,953 35,210 Less: Dealer rebates paid (14,618) (35,090) (31,024) Balance at end of year $ 27,482 $ 13,715 $ 15,852 Changes in the Company’s accrual for floor financing were as follows: Fiscal Year Ended June 30, 2024 2023 2022 Balance at beginning of year $ 1,134 $ 187 $ 121 Add: Flooring incentives 17,590 13,926 3,717 Less: Flooring paid (17,295) (12,979) (3,651) Balance at end of year $ 1,429 $ 1,134 $ 187

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregation of Revenue	The following table disaggregates the Company's revenue by major product type and geography: Fiscal Year Ended June 30, 2024 Malibu Saltwater Fishing Cobalt Consolidated Revenue by product: Boat and trailer sales $ 264,811 $ 325,993 $ 219,188 $ 809,992 Part and other sales 14,320 1,549 3,174 19,043 Net sales $ 279,131 $ 327,542 $ 222,362 $ 829,035 Revenue by geography: North America $ 249,841 $ 314,014 $ 215,255 $ 779,110 International 29,290 13,528 7,107 49,925 Net sales $ 279,131 $ 327,542 $ 222,362 $ 829,035 Fiscal Year Ended June 30, 2023 Malibu Saltwater Fishing Cobalt Consolidated Revenue by product: Boat and trailer sales $ 618,001 $ 447,587 $ 299,028 $ 1,364,616 Part and other sales 18,246 1,569 3,934 23,749 Net sales $ 636,247 $ 449,156 $ 302,962 $ 1,388,365 Revenue by geography: North America $ 582,092 $ 440,449 $ 292,335 $ 1,314,876 International 54,155 8,707 10,627 73,489 Net sales $ 636,247 $ 449,156 $ 302,962 $ 1,388,365 Fiscal Year Ended June 30, 2022 Malibu Saltwater Fishing Cobalt Consolidated Revenue by product: Boat and trailer sales $ 590,059 $ 340,725 $ 262,679 $ 1,193,463 Part and other sales 17,484 1,205 2,725 21,414 Net sales $ 607,543 $ 341,930 $ 265,404 $ 1,214,877 Revenue by geography: North America $ 548,826 $ 336,816 $ 253,812 $ 1,139,454 International 58,717 5,114 11,592 75,423 Net sales $ 607,543 $ 341,930 $ 265,404 $ 1,214,877

Non-controlling Interest (Table

Non-controlling Interest (Tables)	12 Months Ended
	Jun. 30, 2024
Noncontrolling Interest [Abstract]
Schedule of Non-controlling Interest	The ownership of the LLC is summarized as follows: As of June 30, 2024 As of June 30, 2023 Units Ownership % Units Ownership % Non-controlling LLC unit holders ownership in Malibu Boats Holdings, LLC 321,419 1.6 % 455,919 2.2 % Malibu Boats, Inc. ownership in Malibu Boats Holdings, LLC 20,181,542 98.4 % 20,603,822 97.8 % 20,502,961 100.0 % 21,059,741 100.0 % Balance of non-controlling interest as of June 30, 2022 $ 10,394 Allocation of income to non-controlling LLC Unit holders for period 3,397 Distributions paid and payable to non-controlling LLC Unit holders for period (3,131) Reallocation of non-controlling interest (2,789) Balance of non-controlling interest as of June 30, 2023 7,871 Allocation of income to non-controlling LLC Unit holders for period (531) Distributions paid and payable to non-controlling LLC Unit holders for period (114) Reallocation of non-controlling interest (2,516) Balance of non-controlling interest as of June 30, 2024 $ 4,710

Inventories, net (Tables)

Inventories, net (Tables)	12 Months Ended
	Jun. 30, 2024
Inventory Disclosure [Abstract]
Schedule of Inventories, net	Inventories consisted of the following: As of June 30, 2024 2023 Raw materials $ 107,245 $ 142,948 Work in progress 20,683 19,222 Finished goods 16,392 9,019 Inventory subject to return 1 1,253 — Total inventories $ 145,573 $ 171,189 (1) Represents accrual related to Tommy's Boats. See Note 17 of our audited consolidated financial statements included elsewhere in this Annual Report on Form 10-K for additional information.

Property, Plant, and Equipmen_2

Property, Plant, and Equipment, net (Tables)	12 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant And Equipment, net	Depreciation on leasehold improvements is computed using the straight-line method based on the lesser of the remaining lease term or the estimated useful life and depreciation of equipment is computed using the straight-line method over the estimated useful life as follows: Years Building 20 Leasehold improvements Shorter of useful life or lease term Machinery and equipment 3-5 Furniture and fixtures 3-5 Property, plant, and equipment, net consisted of the following: As of June 30, 2024 2023 Land $ 4,890 $ 4,905 Building and leasehold improvements 170,958 119,324 Machinery and equipment 118,123 103,362 Furniture and fixtures 15,466 12,672 Construction in process 43,511 47,482 352,948 287,745 Less accumulated depreciation (108,347) (82,953) $ 244,601 $ 204,792

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets, net (Tables)	12 Months Ended
	Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in the carrying amount of goodwill for the fiscal years ended June 30, 2024 and 2023 were as follows: Malibu Saltwater Fishing Cobalt Consolidated Goodwill as of June 30, 2022 $ 12,299 $ 68,714 $ 19,791 $ 100,804 Effect of foreign currency changes on goodwill (227) — — (227) Goodwill as of June 30, 2023 12,072 68,714 19,791 100,577 Impairment related to Maverick Boat Group — (49,189) — $ (49,189) Effect of foreign currency changes on goodwill 27 — — 27 Goodwill as of June 30, 2024 $ 12,099 $ 19,525 $ 19,791 $ 51,415
Schedule of Finite-Lived Intangible Assets	The components of other intangible assets were as follows: As of June 30, Estimated Useful Life (in years) Weighted Average Remaining Useful Life (in years) 2024 2023 Definite-lived intangibles: Dealer relationships $ 131,735 $ 131,725 15-20 14.6 Patent 2,600 2,600 15 8.0 Trade name 100 100 15 6.0 Non-compete agreement 47 46 10 0.3 Total 134,482 134,471 Less: Accumulated amortization (38,033) (31,213) Total definite-lived intangible assets, net 96,449 103,258 Indefinite-lived intangible: Trade names 118,200 118,200 Less: Impairment charge (39,200) — Total other intangible assets $ 175,449 $ 221,458
Schedule of Indefinite-Lived Intangible Assets	The components of other intangible assets were as follows: As of June 30, Estimated Useful Life (in years) Weighted Average Remaining Useful Life (in years) 2024 2023 Definite-lived intangibles: Dealer relationships $ 131,735 $ 131,725 15-20 14.6 Patent 2,600 2,600 15 8.0 Trade name 100 100 15 6.0 Non-compete agreement 47 46 10 0.3 Total 134,482 134,471 Less: Accumulated amortization (38,033) (31,213) Total definite-lived intangible assets, net 96,449 103,258 Indefinite-lived intangible: Trade names 118,200 118,200 Less: Impairment charge (39,200) — Total other intangible assets $ 175,449 $ 221,458
Schedule of Future Amortization Expenses	Estimated future amortization expenses as of June 30, 2024 are as follows: Fiscal Year As of June 30, 2024 2025 $ 6,803 2026 6,803 2027 6,803 2028 6,803 2029 6,802 2030 and thereafter 62,435 $ 96,449

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Jun. 30, 2024
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	Accrued expenses consisted of the following: As of June 30, 2024 2023 Warranties $ 37,967 $ 41,709 Dealer incentives 28,911 14,996 Accrued compensation 13,791 19,671 Current operating lease liabilities 2,177 2,324 Litigation settlement — 100,000 Accrued legal and professional fees 22,467 1,899 Customer deposits 4,270 4,054 Government grant 5,867 — Other accrued expenses 3,980 2,425 Total accrued expenses $ 119,430 $ 187,078

Product Warranties (Tables)

Product Warranties (Tables)	12 Months Ended
	Jun. 30, 2024
Product Warranties Disclosures [Abstract]
Schedule of Product Warranties	Changes in the Company’s product warranty liability, which are included in accrued expenses in the accompanying consolidated balance sheets, were as follows: Fiscal Year Ended June 30, 2024 2023 2022 Beginning balance $ 41,709 $ 38,673 $ 35,035 Add: Warranty Expense 23,744 24,812 21,280 Less: Warranty claims paid (27,486) (21,776) (17,642) Ending balance $ 37,967 $ 41,709 $ 38,673

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Schedule of Assets And Liabilities, Lessee	Other information concerning the Company's operating leases accounted for under ASC Topic 842, Leases is as follows: As of June 30, Classification 2024 2023 Assets Right-of-use assets Other assets $ 6,883 $ 8,808 Liabilities Current operating lease liabilities Accrued expenses $ 2,177 $ 2,324 Long-term operating lease liabilities Other liabilities 5,763 7,843 Total lease liabilities $ 7,940 $ 10,167
Schedule of Lease, Cost	Fiscal Year Ended June 30, Classification 2024 2023 2022 Operating lease costs (1) Cost of sales $ 2,537 $ 2,686 $ 2,611 Selling and marketing, and general and administrative 838 878 857 Sublease income Other expense (income), net (38) (38) (38) Cash paid for amounts included in the measurement of operating lease liabilities Cash flows from operating activities 2,661 2,555 2,517 (1) Includes short-term leases, which are insignificant, and are not included in the lease liability.
Schedule of Future Minimum Lease Payments for Operating Leases	Future annual minimum lease payments for the following fiscal years as of June 30, 2024 are as follows: Amount 2025 $ 2,422 2026 2,274 2027 2,258 2028 1,506 2029 1 2030 and thereafter — Total 8,461 Less imputed interest (521) Present value of lease liabilities $ 7,940

Tax Receivable Agreement Liab_2

Tax Receivable Agreement Liability (Tables)	12 Months Ended
	Jun. 30, 2024
Tax Receivable Agreement [Abstract]
Schedule of Tax Receivable Agreement	The following table reflects the changes to the Company's Tax Receivable Agreement liability: As of June 30, 2024 2023 Beginning balance $ 43,465 $ 45,541 Additions to tax receivable agreement: Exchange of LLC Units for Class A Common Stock 1,320 1,710 Adjustment for change in estimated state tax rate or benefits 36 188 Payment under tax receivable agreement (4,208) (3,974) 40,613 43,465 Less current portion under tax receivable agreement — (4,111) Ending balance $ 40,613 $ 39,354

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The components of (benefit) for income taxes are as follows: Fiscal Year Ended June 30, 2024 2023 2022 Current tax expense: Federal $ 2,358 $ 39,462 $ 33,689 State 424 9,071 6,632 Foreign 345 1,331 1,532 Total current 3,127 49,864 41,853 Deferred tax (benefit) expense: Federal (3,872) (14,230) 4,661 State (577) (2,019) 94 Foreign (20) (34) (73) Total deferred (4,469) (16,283) 4,682 Income tax (benefit) expense $ (1,342) $ 33,581 $ 46,535
Schedule of Effective Income Tax Rate Reconciliation	The income tax (benefit) expense differs from the amount computed by applying the federal statutory income tax rate to (loss) income from continuing operations before income taxes. The sources and tax effects of the differences are as follows: Fiscal Year Ended June 30, 2024 2023 2022 Federal tax (benefit) provision at statutory rate (21.0) % 21.0 % 21.0 % State income taxes, net of federal benefit (0.3) 3.5 2.8 Permanent differences attributable to partnership investment 1.5 (0.5) (1.0) Impairment charges - Maverick 17.9 — — Non-controlling interest (0.2) (0.5) (0.6) Other, net (0.2) 0.2 — Total income (benefit) tax on continuing operations (2.3) % 23.7 % 22.2 %
Schedule of Deferred Tax Assets and Liabilities	The components of the Company's net deferred income tax assets and liabilities at June 30, 2024 and 2023 are as follows: As of June 30, 2024 2023 Deferred tax assets: Partnership basis differences $ 42,115 $ 69,193 Accrued liabilities and reserves 1,222 1,436 State tax credits and NOLs 12,859 8,922 Foreign tax credits 580 580 Federal NOL and Credits 19,335 — Other 754 381 Less valuation allowance (17,355) (16,876) Total deferred tax assets 59,510 63,636 Deferred tax liabilities: Fixed assets and intangibles 19,054 29,495 Other 20 21 Total deferred tax liabilities 19,074 29,516 Total net deferred tax assets $ 40,436 $ 34,120
Schedule of Unrecognized Tax Benefits Roll Forward	A reconciliation of changes in the amount of unrecognized tax benefits for the fiscal years ended June 30, 2024, 2023 and 2022 is as follows: Fiscal Year Ended June 30, 2024 2023 2022 Balance as of July 1 $ 1,718 $ 1,472 $ 1,452 Additions based on tax positions taken during the current period 129 363 314 Reductions due to statute settlements (130) (156) (286) Additions (reductions) for tax positions of prior years 79 39 (8) Balance as of June 30 $ 1,796 $ 1,718 $ 1,472

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	The following table presents the number, grant date stock price per share, and weighted-average exercise price per share of the Company’s employee option awards: Fiscal Year Ended June 30, 2024 2023 2022 Shares Weighted Average Exercise Price/Share Shares Weighted Average Exercise Price/Share Shares Weighted Average Exercise Price/Share Total outstanding Options at beginning of year 17,973 $ 37.55 49,223 $ 40.46 161,723 $ 32.64 Options exercised — — (31,250) 42.13 (112,500) 29.22 Outstanding options at end of year 17,973 $ 37.55 17,973 $ 37.55 49,223 $ 40.46 Exercisable at end of year 17,973 $ 37.55 17,973 $ 37.55 31,730 $ 40.26
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	The following table presents the number and weighted-average grant date fair value of the Company’s director and employee restricted stock units and restricted stock awards: Fiscal Year Ended June 30, 2024 2023 2022 Number of Restricted Stock Units and Restricted Stock Awards Outstanding Weighted Average Grant Date Fair Value Number of Restricted Stock Units and Restricted Stock Awards Outstanding Weighted Average Grant Date Fair Value Number of Restricted Stock Units and Restricted Stock Awards Outstanding Weighted Average Grant Date Fair Value Total Non-vested Restricted Stock Units and Restricted Stock Awards at beginning of year 324,824 $ 57.98 369,649 $ 55.75 314,916 $ 44.46 Granted 351,000 44.06 214,172 52.30 164,290 70.74 Vested (125,362) 52.93 (180,898) 46.49 (100,441) 44.82 Forfeited (31,356) 53.12 (78,099) 58.45 (9,116) 56.41 Total Non-vested Restricted Stock Units and Restricted Stock Awards at end of year 519,106 $ 50.08 324,824 $ 57.98 369,649 $ 55.75

Net (Loss) Earnings Per Share (

Net (Loss) Earnings Per Share (Tables)	12 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Income Per Share	Basic and diluted net (loss) income per share of Class A Common Stock has been computed as follows (in thousands, except share and per share amounts): Fiscal Year Ended June 30, 2024 2023 2022 Basic: Net (loss) income attributable to Malibu Boats, Inc. $ (55,912) $ 104,513 $ 157,632 Shares used in computing basic net (loss) income per share: Weighted-average Class A Common Stock 20,167,169 20,245,980 20,511,571 Weighted-average participating restricted stock units convertible into Class A Common Stock 272,280 255,864 237,666 Basic weighted-average shares outstanding 20,439,449 20,501,844 20,749,237 Basic net (loss) income per share $ (2.74) $ 5.10 $ 7.60 Diluted: Net (loss) income attributable to Malibu Boats, Inc. $ (55,912) $ 104,513 $ 157,632 Shares used in computing diluted net (loss) income per share: Basic weighted-average shares outstanding 20,439,449 20,501,844 20,749,237 Restricted stock units granted to employees — 66,954 116,874 Weighted-average stock options convertible into Class A Common Stock — 12,707 47,525 Weighted-average market performance awards convertible into Class A Common Stock — 59,668 72,620 Diluted weighted-average shares outstanding 1 20,439,449 20,641,173 20,986,256 Diluted net (loss) income per share $ (2.74) $ 5.06 $ 7.51 1

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table presents financial information for the Company’s reportable segments for the fiscal years ended June 30, 2024, 2023, and 2022. Fiscal Year Ended June 30, 2024 Malibu Saltwater Fishing Cobalt Total Net sales $ 279,131 $ 327,542 $ 222,362 $ 829,035 Depreciation and amortization 9,714 13,814 9,461 32,989 Net (loss) income before (benefit) provision for income taxes (11,589) (62,208) 16,012 (57,785) Capital expenditures 3,504 11,378 61,080 75,962 Long-lived assets 71,980 226,067 173,418 471,465 Total assets $ 122,707 $ 350,063 $ 266,854 $ 739,624 Fiscal Year Ended June 30, 2023 Malibu Saltwater Fishing Cobalt Total Net sales $ 636,247 $ 449,156 $ 302,962 $ 1,388,365 Depreciation and amortization 8,974 11,918 7,828 28,720 Net income before provision for income taxes 40,157 57,748 43,586 141,491 Capital expenditures 27,660 22,027 5,153 54,840 Long-lived assets 88,060 317,514 121,253 526,827 Total assets $ 249,447 $ 432,806 $ 243,671 $ 925,924 Fiscal Year Ended June 30, 2022 Malibu Saltwater Fishing Cobalt Total Net sales $ 607,543 $ 341,930 $ 265,404 $ 1,214,877 Depreciation and amortization 8,398 10,880 7,044 26,322 Net income before provision for income taxes 137,133 34,049 38,783 209,965 Capital expenditures 22,072 26,806 6,186 55,064 Long-lived assets 68,739 307,057 124,030 499,826 Total assets $ 264,551 $ 384,684 $ 202,091 $ 851,326

Organization, Basis of Presen_4

Organization, Basis of Presentation, and Summary of Significant Accounting Policies - Narrative (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2024 USD ($)	Jun. 30, 2024 USD ($) brand financialInstitution segment	Jun. 30, 2023 USD ($) financialInstitution	Jun. 30, 2022 USD ($)
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Number of brands | brand		8
Number of reportable segments | segment		3
Number of financial institutions | financialInstitution		2	2
Allowance for doubtful accounts receivable, current		$ 0	$ 0
Goodwill impairment	$ 49,189,000	49,189,000	0	$ 0
Impairment of indefinite-lived intangibles		39,200,000	0
Impairment of intangible assets			0	0
Abandonment of construction in process		$ 8,735,000	0	0
Tax receivable agreement, percentage of realized cash saving in tax to be pass through (as a percent)		85%
Advertising expense		$ 0	$ 0	$ 0
Maverick Boat Group, Inc.
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Goodwill impairment	49,189,000
Impairment of indefinite-lived intangibles	39,200,000
Non-compete agreement
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Estimated useful life (in years)		10 years
Trade Names
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Estimated useful life (in years)		15 years
Trade Names | Maverick Boat Group, Inc.
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Impairment of indefinite-lived intangibles	$ 39,200,000
Minimum
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Estimated useful life (in years)		10 years
Maximum
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Estimated useful life (in years)		20 years
Top Ten Dealers | Net Sales | Customer Concentration Risk
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Concentration risk (as a percent)		40.40%	41.10%	39.90%
OneWater Marine, Inc | Net Sales | Customer Concentration Risk
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Concentration risk (as a percent)		23.70%	17.20%	16.80%
Tommy's Boats | Net Sales | Customer Concentration Risk
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Concentration risk (as a percent)		2.40%	10.70%	9.40%

Organization, Basis of Presen_5

Organization, Basis of Presentation, and Summary of Significant Accounting Policies - Dealer Rebates (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Dealer Rebate Accrual [Roll Forward]
Balance at beginning of year	$ 13,715	$ 15,852	$ 11,666
Add: Dealer rebate incentives	28,385	32,953	35,210
Less: Dealer rebates paid	(14,618)	(35,090)	(31,024)
Balance at end of year	$ 27,482	$ 13,715	$ 15,852

Organization, Basis of Presen_6

Organization, Basis of Presentation, and Summary of Significant Accounting Policies - Floor Financing (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Floor Financing Accrual [Roll Forward]
Balance at beginning of year	$ 1,134	$ 187	$ 121
Add: Flooring incentives	17,590	13,926	3,717
Less: Flooring paid	(17,295)	(12,979)	(3,651)
Balance at end of year	$ 1,429	$ 1,134	$ 187

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 829,035	$ 1,388,365	$ 1,214,877
North America
Disaggregation of Revenue [Line Items]
Net sales	779,110	1,314,876	1,139,454
International
Disaggregation of Revenue [Line Items]
Net sales	49,925	73,489	75,423
Boat and trailer sales
Disaggregation of Revenue [Line Items]
Net sales	809,992	1,364,616	1,193,463
Part and other sales
Disaggregation of Revenue [Line Items]
Net sales	19,043	23,749	21,414
Malibu
Disaggregation of Revenue [Line Items]
Net sales	279,131	636,247	607,543
Malibu | North America
Disaggregation of Revenue [Line Items]
Net sales	249,841	582,092	548,826
Malibu | International
Disaggregation of Revenue [Line Items]
Net sales	29,290	54,155	58,717
Malibu | Boat and trailer sales
Disaggregation of Revenue [Line Items]
Net sales	264,811	618,001	590,059
Malibu | Part and other sales
Disaggregation of Revenue [Line Items]
Net sales	14,320	18,246	17,484
Saltwater Fishing
Disaggregation of Revenue [Line Items]
Net sales	327,542	449,156	341,930
Saltwater Fishing | North America
Disaggregation of Revenue [Line Items]
Net sales	314,014	440,449	336,816
Saltwater Fishing | International
Disaggregation of Revenue [Line Items]
Net sales	13,528	8,707	5,114
Saltwater Fishing | Boat and trailer sales
Disaggregation of Revenue [Line Items]
Net sales	325,993	447,587	340,725
Saltwater Fishing | Part and other sales
Disaggregation of Revenue [Line Items]
Net sales	1,549	1,569	1,205
Cobalt
Disaggregation of Revenue [Line Items]
Net sales	222,362	302,962	265,404
Cobalt | North America
Disaggregation of Revenue [Line Items]
Net sales	215,255	292,335	253,812
Cobalt | International
Disaggregation of Revenue [Line Items]
Net sales	7,107	10,627	11,592
Cobalt | Boat and trailer sales
Disaggregation of Revenue [Line Items]
Net sales	219,188	299,028	262,679
Cobalt | Part and other sales
Disaggregation of Revenue [Line Items]
Net sales	$ 3,174	$ 3,934	$ 2,725

Non-controlling Interest - Owne

Non-controlling Interest - Ownership (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Noncontrolling Interest [Roll Forward]
Beginning balance	$ 7,871	$ 10,394
Allocation of income to non-controlling LLC Unit holders for period	(531)	3,397	$ 5,798
Distributions paid and payable to non-controlling LLC Unit holders for period	(114)	(3,131)
Reallocation of non-controlling interest	(2,516)	(2,789)
Ending balance	$ 4,710	$ 7,871	$ 10,394
Malibu Boats Holdings LLC
Noncontrolling Interest [Line Items]
Units (in shares)	20,502,961	21,059,741
Ownership (as a percent)	100%	100%
Malibu Boats Holdings LLC | Non-controlling LLC unit holders ownership in Malibu Boats Holdings, LLC
Noncontrolling Interest [Line Items]
Units (in shares)	321,419	455,919
Ownership (as a percent)	1.60%	2.20%
Malibu Boats Holdings LLC | Malibu Boats, Inc. ownership in Malibu Boats Holdings, LLC
Noncontrolling Interest [Line Items]
Units (in shares)	20,181,542	20,603,822
Ownership (as a percent)	98.40%	97.80%

Non-controlling Interest - Narr

Non-controlling Interest - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Noncontrolling Interest [Line Items]
Cancelled shares due to vesting of employee awards (in shares)	17,804
Cancelled shares in connection with the vesting of stock awards with a market condition (in shares)	20,080
Cancelled shares in connection with the forfeiture of stock awards with a market condition (in shares)	0
Treasury stock, shares, retired (in shares)	38,017
Tax distributions payable to non-controlling LLC Unit holders	$ 0	$ 776	$ 1,045
Non-controlling Interest in LLC
Noncontrolling Interest [Line Items]
Tax distributions payable to non-controlling LLC Unit holders	0	776
Distribution paid to noncontrolling interests	$ 890	$ 3,401	$ 2,717
Repurchase Agreements
Noncontrolling Interest [Line Items]
Stock repurchased during period (in shares)	699,958
Class A Common Stock
Noncontrolling Interest [Line Items]
Shares issued during period (in shares)	315,695

Inventories, net (Details)

Inventories, net (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Inventory Disclosure [Abstract]
Raw materials	$ 107,245	$ 142,948
Work in progress	20,683	19,222
Finished goods	16,392	9,019
Inventory subject to return	1,253	0
Total inventories	$ 145,573	$ 171,189

Property, Plant, and Equipmen_3

Property, Plant, and Equipment, net - Useful Life (Details)	Jun. 30, 2024
Building
Property, Plant and Equipment [Line Items]
Useful life (in years)	20 years
Machinery and equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life (in years)	3 years
Machinery and equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life (in years)	5 years
Furniture and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Useful life (in years)	3 years
Furniture and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Useful life (in years)	5 years

Property, Plant, and Equipmen_4

Property, Plant, and Equipment, net - Narrative (Details) - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Abandonment of construction in process	$ 8,735,000	$ 0	$ 0
Impairment charges		0	0
Depreciation expenses	$ 26,178,000	$ 21,912,000	$ 19,365,000

Property, Plant, and Equipmen_5

Property, Plant, and Equipment, net - Schedule of Property, Plant And Equipment, net (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 352,948	$ 287,745
Less accumulated depreciation	(108,347)	(82,953)
Property, plant and equipment, net	244,601	204,792
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	4,890	4,905
Building and leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	170,958	119,324
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	118,123	103,362
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	15,466	12,672
Construction in process
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 43,511	$ 47,482

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets, net - Carrying Amount of Goodwill (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Goodwill [Roll Forward]
Goodwill, beginning balance		$ 100,577,000	$ 100,804,000
Impairment related to Maverick Boat Group	$ (49,189,000)	(49,189,000)	0	$ 0
Effect of foreign currency changes on goodwill		27,000	(227,000)
Goodwill, ending balance		51,415,000	100,577,000	100,804,000
Malibu
Goodwill [Roll Forward]
Goodwill, beginning balance		12,072,000	12,299,000
Impairment related to Maverick Boat Group		0
Effect of foreign currency changes on goodwill		27,000	(227,000)
Goodwill, ending balance		12,099,000	12,072,000	12,299,000
Saltwater Fishing
Goodwill [Roll Forward]
Goodwill, beginning balance		68,714,000	68,714,000
Impairment related to Maverick Boat Group		(49,189,000)
Effect of foreign currency changes on goodwill		0	0
Goodwill, ending balance		19,525,000	68,714,000	68,714,000
Cobalt
Goodwill [Roll Forward]
Goodwill, beginning balance		19,791,000	19,791,000
Impairment related to Maverick Boat Group		0
Effect of foreign currency changes on goodwill		0	0
Goodwill, ending balance		$ 19,791,000	$ 19,791,000	$ 19,791,000

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets, net - Components of Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Definite-lived intangibles:
Gross carrying amount	$ 134,482	$ 134,471
Less: Accumulated amortization	(38,033)	(31,213)
Total definite-lived intangible assets, net	96,449	103,258
Indefinite-lived intangible:
Less: Impairment charge	(39,200)	0
Total other intangible assets	175,449	221,458
Trade Names
Indefinite-lived intangible:
Trade names	$ 118,200	118,200
Minimum
Definite-lived intangibles:
Estimated Useful Life (in years)	10 years
Maximum
Definite-lived intangibles:
Estimated Useful Life (in years)	20 years
Dealer relationships
Definite-lived intangibles:
Gross carrying amount	$ 131,735	131,725
Weighted Average Remaining Useful Life (in years)	14 years 7 months 6 days
Dealer relationships | Minimum
Definite-lived intangibles:
Estimated Useful Life (in years)	15 years
Dealer relationships | Maximum
Definite-lived intangibles:
Estimated Useful Life (in years)	20 years
Patent
Definite-lived intangibles:
Gross carrying amount	$ 2,600	2,600
Estimated Useful Life (in years)	15 years
Weighted Average Remaining Useful Life (in years)	8 years
Trade Names
Definite-lived intangibles:
Gross carrying amount	$ 100	100
Estimated Useful Life (in years)	15 years
Weighted Average Remaining Useful Life (in years)	6 years
Non-compete agreement
Definite-lived intangibles:
Gross carrying amount	$ 47	$ 46
Estimated Useful Life (in years)	10 years
Weighted Average Remaining Useful Life (in years)	3 months 18 days

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets, net - Narrative (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Goodwill [Line Items]
Impairment related to Maverick Boat Group	$ 49,189,000	$ 49,189,000	$ 0	$ 0
Less: Impairment charge		39,200,000	0
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]	Goodwill and other intangible asset impairment
Amortization of intangible assets		$ 6,811,000	$ 6,808,000	$ 6,957,000
Maverick Boat Group, Inc.
Goodwill [Line Items]
Impairment related to Maverick Boat Group	$ 49,189,000
Less: Impairment charge	$ 39,200,000

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets, net - Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
2025	$ 6,803
2026	6,803
2027	6,803
2028	6,803
2029	6,802
2030 and thereafter	62,435
Total definite-lived intangible assets, net	$ 96,449	$ 103,258

Accrued Expenses- Schedule of A

Accrued Expenses- Schedule of Accrued Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Payables and Accruals [Abstract]
Warranties	$ 37,967	$ 41,709
Dealer incentives	28,911	14,996
Accrued compensation	13,791	19,671
Current operating lease liabilities	2,177	2,324
Litigation settlement	0	100,000
Accrued legal and professional fees	22,467	1,899
Customer deposits	4,270	4,054
Government grant	5,867	0
Other accrued expenses	3,980	2,425
Total accrued expenses	$ 119,430	$ 187,078

Accrued Expenses- Narrative (De

Accrued Expenses- Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Loss Contingencies [Line Items]
Litigation settlement	$ 0	$ 100,000
Proceeds from insurance coverage	21,000
Government grant	5,867	$ 0
Settled Litigation | Product Liability Cases
Loss Contingencies [Line Items]
Litigation settlement	$ 100,000

Product Warranties - Narrative

Product Warranties - Narrative (Details) - hour	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Malibu and Axis Brand Boats | Gelcoat
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	1 year
Malibu and Axis Brand Boats | Engines
Product Warranty Liability [Line Items]
Standard product warranty, term (in hours)	500
Malibu and Axis Brand Boats | Maximum
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	5 years
Malibu and Axis Brand Boats | Maximum | Engines
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	5 years
Cobalt | Structural Warranty
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	5 years
Cobalt | Bow-to-stern
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)		5 years	3 years
Cobalt | Maximum | Structural Warranty
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	10 years
Cobalt | Maximum | Gelcoat
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	3 years
Malibu Brand Boats
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)				5 years	3 years
Axis Boats
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)				5 years	2 years
Saltwater Fishing | Bow-to-stern
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	2 years
Saltwater Fishing | Maximum | Structural Warranty and Gelcoat
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	5 years
Maverick, Pathfinder, and Hewes Brand Boats | Bow-to-stern
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	1 year
Maverick, Pathfinder, and Hewes Brand Boats | Maximum | Structural Warranty and Gelcoat
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	5 years
Cobia | Bow-to-stern
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	3 years
Cobia | Maximum | Structural Warranty and Gelcoat
Product Warranty Liability [Line Items]
Standard product warranty, period (up to) (in years)	10 years

Product Warranties - Warranty L

Product Warranties - Warranty Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 41,709	$ 38,673	$ 35,035
Add: Warranty Expense	23,744	24,812	21,280
Less: Warranty claims paid	(27,486)	(21,776)	(17,642)
Ending balance	$ 37,967	$ 41,709	$ 38,673

Financing- Narrative (Details)

Financing- Narrative (Details) - USD ($)	Jul. 08, 2022	Jun. 30, 2024	Jun. 28, 2017
Line of Credit Facility [Line Items]
Interest rate (as a percent)		6.50%
Maximum amount, purchase of stock or stock options (up to)	$ 5,000
Consolidated leverage ratio	2.75
Credit Agreement
Line of Credit Facility [Line Items]
Letters of credit outstanding		$ 1,578,000
Incremental Term Loans
Line of Credit Facility [Line Items]
Debt instrument, face amount	$ 200,000,000
Revolving Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 350,000,000		$ 170,000,000
Revolving Credit | Minimum
Line of Credit Facility [Line Items]
Unused capacity, commitment fee (as a percent)	0.15%
Revolving Credit | Maximum
Line of Credit Facility [Line Items]
Unused capacity, commitment fee (as a percent)	0.30%
Revolving Credit | Federal Funds Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)	0.50%
Revolving Credit | Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)	1%
Revolving Credit | Base Rate | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)	0.25%
Revolving Credit | Base Rate | Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)	1%
Revolving Credit | SOFR | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)	1.25%
Revolving Credit | SOFR | Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (as a percent)	2%
Revolving Credit | Credit Agreement
Line of Credit Facility [Line Items]
Remaining borrowing capacity		348,422,000
Line of credit | Revolving Credit | Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity		350,000,000
Gross debt		$ 0

Leases - Assets And Liabilities

Leases - Assets And Liabilities, Lessee (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Assets
Right-of-use assets	$ 6,883	$ 8,808
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Liabilities
Current operating lease liabilities	$ 2,177	$ 2,324
Long-term operating lease liabilities	5,763	7,843
Total lease liabilities	$ 7,940	$ 10,167
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued expenses	Accrued expenses
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Operating Leased Assets [Line Items]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 2,661	$ 2,555	$ 2,517
Cost of sales
Operating Leased Assets [Line Items]
Operating lease costs	2,537	2,686	2,611
Selling and marketing, and general and administrative
Operating Leased Assets [Line Items]
Operating lease costs	838	878	857
Other expense (income), net
Operating Leased Assets [Line Items]
Sublease income	$ (38)	$ (38)	$ (38)

Leases - Narrative (Details)

Leases - Narrative (Details)	Jun. 30, 2024	Jun. 30, 2023
Leases [Abstract]
Weighted average remaining lease term (in years)	3 years 7 months 6 days	4 years 7 months 6 days
Weighted average discount rate (as a percent)	3.67%	3.67%

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments for Operating Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Amount
2025	$ 2,422
2026	2,274
2027	2,258
2028	1,506
2029	1
2030 and thereafter	0
Total	8,461
Less imputed interest	(521)
Present value of lease liabilities	$ 7,940	$ 10,167

Tax Receivable Agreement Liab_3

Tax Receivable Agreement Liability - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Tax Receivable Agreement [Abstract]
Tax receivable agreement, percentage of realized cash saving in tax to be pass through (as a percent)	85%
Investment in subsidiaries	$ 120,015	$ 118,148

Tax Receivable Agreement Liab_4

Tax Receivable Agreement Liability - Tax Agreement Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Tax Receivable Agreement [Roll Forward]
Beginning balance	$ 43,465	$ 45,541
Additions to tax receivable agreement:
Exchange of LLC Units for Class A Common Stock	1,320	1,710
Adjustment for change in estimated state tax rate or benefits	36	188	$ 1,025
Payment under tax receivable agreement	(4,208)	(3,974)	(3,698)
Ending balance	40,613	43,465	$ 45,541
Less current portion under tax receivable agreement	0	(4,111)
Ending balance	$ 40,613	$ 39,354

Income Taxes - Income Tax Provi

Income Taxes - Income Tax Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Current tax expense:
Federal	$ 2,358	$ 39,462	$ 33,689
State	424	9,071	6,632
Foreign	345	1,331	1,532
Total current	3,127	49,864	41,853
Deferred tax (benefit) expense:
Federal	(3,872)	(14,230)	4,661
State	(577)	(2,019)	94
Foreign	(20)	(34)	(73)
Total deferred	(4,469)	(16,283)	4,682
Income tax (benefit) expense	$ (1,342)	$ 33,581	$ 46,535

Income Taxes - Income Tax Recon

Income Taxes - Income Tax Reconciliation (Details)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Federal tax (benefit) provision at statutory rate	21%	21%	21%
State income taxes, net of federal benefit	0.30%	3.50%	2.80%
Permanent differences attributable to partnership investment	(1.50%)	(0.50%)	(1.00%)
Impairment charges - Maverick	(17.90%)	0%	0%
Non-controlling interest	0.20%	(0.50%)	(0.60%)
Other, net	0.20%	0.20%	0%
Total income (benefit) tax on continuing operations	2.30%	23.70%	22.20%

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets/Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Deferred tax assets:
Partnership basis differences	$ 42,115	$ 69,193
Accrued liabilities and reserves	1,222	1,436
State tax credits and NOLs	12,859	8,922
Foreign tax credits	580	580
Federal NOL and Credits	19,335	0
Other	754	381
Less valuation allowance	(17,355)	(16,876)
Total deferred tax assets	59,510	63,636
Deferred tax liabilities:
Fixed assets and intangibles	19,054	29,495
Other	20	21
Total deferred tax liabilities	19,074	29,516
Total net deferred tax assets	$ 40,436	$ 34,120

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Income Tax Contingency [Line Items]
Share repurchase program, excise tax	$ 300
Valuation allowance	$ 17,355	$ 16,876
Period of net operating loss carryover (in years)	15 years	15 years
Reduction in uncertain tax positions due to statute settlements	$ 130	$ 156	$ 286
Additions based on tax positions taken during the current period	129	363	$ 314
Expected decrease in unrecognized tax benefits, next 12 months	171
Unrecognized tax benefits that would impact effective tax rate	1,514
Accrued interest related to unrecognized tax benefits	455
Foreign Tax Authority
Income Tax Contingency [Line Items]
Foreign tax credits	580	$ 580
State and Local Jurisdiction
Income Tax Contingency [Line Items]
Additions based on tax positions taken during the current period	$ 129

Income Taxes - Unrecognized Tax

Income Taxes - Unrecognized Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 1,718	$ 1,472	$ 1,452
Additions based on tax positions taken during the current period	129	363	314
Reductions due to statute settlements	(130)	(156)	(286)
Additions (reductions) for tax positions of prior years	79	39
Additions (reductions) for tax positions of prior years			(8)
Ending balance	$ 1,796	$ 1,718	$ 1,472

Stockholder's Equity (Details)

Stockholder's Equity (Details)	12 Months Ended
	Jun. 30, 2024 USD ($) vote numberOfUnitHolder $ / shares shares	Jun. 30, 2023 USD ($) entity numberOfUnitHolder $ / shares shares	Jun. 30, 2022 numberOfUnitHolder shares	Oct. 26, 2023 USD ($)	Nov. 03, 2022 USD ($)	Nov. 03, 2021 USD ($)
Class of Stock [Line Items]
Capital stock, shares authorized (in shares)	150,000,000
Preferred stock, shares authorized (in shares)	25,000,000	25,000,000
Preferred stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
Number of unit holders | numberOfUnitHolder		1
Treasury stock, shares, retired (in shares)	38,017
Number of new entities | entity		2
Common stock, conversion basis	1
Malibu Boats Holdings LLC
Class of Stock [Line Items]
Number of LLC units outstanding (in shares)	20,502,961	21,059,741
Ownership (as a percent)	100%	100%
Malibu Boats Holdings LLC | Parent
Class of Stock [Line Items]
Number of LLC units outstanding (in shares)	20,181,542	20,603,822
Ownership (as a percent)	98.40%	97.80%
Malibu Boats Holdings LLC | Non-controlling Interest in LLC
Class of Stock [Line Items]
Number of LLC units outstanding (in shares)	321,419	455,919
Ownership (as a percent)	1.60%	2.20%
Class A Common Stock
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Number of unit holders | numberOfUnitHolder	4	2	0
Common stock, shares, outstanding (in shares)	20,181,542	20,603,822
Common stock, shares issued (in shares)	20,181,542	20,603,822
Stock repurchased during period (in shares)	315,695
Number of votes | vote	1
Class A Common Stock | Fiscal 2022 Repurchase Program
Class of Stock [Line Items]
Stock repurchase program, authorized amount | $						$ 70,000,000
Stock repurchased during period (in shares)		143,759
Stock repurchased during period | $		$ 7,868,000
Class A Common Stock | Fiscal 2023 Repurchase Program
Class of Stock [Line Items]
Stock repurchase program, authorized amount | $					$ 100,000,000
Stock repurchased during period (in shares)	261,962
Stock repurchased during period | $	$ 12,526,000
Class A Common Stock | Fiscal 2024 Repurchase Program
Class of Stock [Line Items]
Stock repurchase program, authorized amount | $				$ 100,000,000
Stock repurchased during period (in shares)	437,996
Stock repurchased during period | $	$ 17,317,000
Authorized amount | $	$ 82,683,000
Class B Common Stock
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Treasury stock, shares, retired (in shares)	0	0	0
Common stock, shares, outstanding (in shares)	12	12	10
Common stock, shares issued (in shares)	12	12	10
Number of shares issued (in shares)		2

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details)									12 Months Ended
	Feb. 20, 2024 USD ($) $ / shares shares	Nov. 27, 2023 USD ($) award $ / shares shares	Nov. 06, 2023 USD ($) $ / shares shares	May 12, 2023 shares	Nov. 03, 2022 USD ($) $ / shares shares	May 06, 2022 USD ($) $ / shares shares	Nov. 03, 2021 USD ($) $ / shares shares	Nov. 03, 2020 USD ($) $ / shares shares	Jun. 30, 2024 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) $ / shares shares	Jun. 30, 2022 USD ($) $ / shares shares	Jan. 06, 2014 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash paid for tax withholdings | $									$ 1,489,000	$ 3,135,000	$ 2,058,000
Common Stock | Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuances of equity for services (in shares)									12,000	2,000	1,000
Restricted Stock Units | President
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)	92,699
Grants in period | $	$ 4,000
Stock price (in dollars per share) | $ / shares	$ 43.15
Award vesting period (in years)	4 years
Restricted Stock | Executive Chair
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)	5,330
Grants in period | $	$ 230,000
Stock price (in dollars per share) | $ / shares	$ 43.15
Restricted Stock Unit and Restricted Stock Award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeited (in shares)									31,356	78,099	9,116
Grants in period (in shares)									351,000	214,172	164,290
Number of shares vested									125,362	180,898	100,441
Share-based compensation, incentive stock awards, weighted average grant date fair value (in dollars per share) | $ / shares									$ 44.06	$ 52.30	$ 70.74
Long-Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance in the long-term incentive plan (in shares)												1,700,000
Number of shares available for grant (in shares)									61,146
Weighted average contractual term exercisable (in years)									6 months 14 days
Weighted average contractual term outstanding (in years)									6 months 14 days
Intrinsic value of options exercised | $									$ 0	$ 557,000	$ 3,751,000
Intrinsic value exercisable | $									0
Intrinsic value outstanding | $									0
Stock compensation expense | $									4,935,000	5,894,000	6,342,000
Cash paid for tax withholdings | $									$ 1,489,000	$ 3,135,000	$ 2,058,000
Long-Term Incentive Plan | Common Stock | Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuances of equity for services (in shares)									12,130	2,105	1,481
Long-Term Incentive Plan | Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)			79,000		61,000	27,000	32,000	33,000
Grants in period | $						$ 1,376,000
Stock price (in dollars per share) | $ / shares						$ 51.89
Award vesting period (in years)						3 years
Issuances of equity for services (in shares)									13,429	20,643	14,258
Share-based compensation, incentive stock awards, weighted average grant date fair value (in dollars per share) | $ / shares									$ 45.80	$ 52.45	$ 72.42
Long-Term Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeited (in shares)				57,866
Grants in period (in shares)			35,000		35,000		23,000	25,000
Issuances of equity for services (in shares)									5,330
Long-Term Incentive Plan | Restricted Stock Unit and Restricted Stock Award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period | $			$ 5,116,000		$ 5,028,000		$ 4,149,000	$ 3,145,000
Stock price (in dollars per share) | $ / shares			$ 44.87		$ 52.25		$ 74.25	$ 54.47
Unrecognized compensation cost | $									$ 13,832,000
Weighted average remaining contractual terms (in years)									2 years 7 months 6 days
Long-Term Incentive Plan | Restricted Stock Unit and Restricted Stock Award | Share-based Compensation Award, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock (as a percent)			70%		64%		58%	58%
Award vesting period (in years)			3 years		3 years		3 years	3 years
Long-Term Incentive Plan | Restricted Stock Unit and Restricted Stock Award | Share-based Compensation Award, Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock (as a percent)			30%		36%		42%	42%
Award vesting period (in years)			4 years		4 years		4 years	4 years
Long-Term Incentive Plan | Performance Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)			26,000		26,000		18,000	18,000
Grants in period | $			$ 1,167,000		$ 1,380,000		$ 1,305,000	$ 1,002,000
Stock price (in dollars per share) | $ / shares			$ 44.87		$ 52.25		$ 74.25	$ 54.47
Maximum number of shares available for issue if target is met			39,000		32,000		22,000	21,000
Number of shares vested								14,000
Long-Term Incentive Plan | Stock Awards With Market Condition
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)			26,000		26,000		18,000	18,000
Grants in period | $			$ 1,284,000		$ 1,808,000		$ 1,688,000	$ 1,293,000
Maximum number of shares available for issue if target is met			52,000		43,000		29,000	28,000
Number of shares vested								5,000
Long-Term Incentive Plan | Service Based Stock Award | Chief Financial Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period | $		$ 600,000
Stock price (in dollars per share) | $ / shares		$ 44.85
Number of awards granted | award		2
Long-Term Incentive Plan | Service Based Stock Award | Share-based Compensation Award, Tranche One | Chief Financial Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)		7,000
Award vesting period (in years)		2 years
Long-Term Incentive Plan | Service Based Stock Award | Share-based Compensation Award, Tranche Two | Chief Financial Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)		6,000
Award vesting period (in years)		4 years
Long-Term Incentive Plan | Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares withheld (in shares)									33,877	54,909	27,420

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Options (Details) - $ / shares	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Shares
Outstanding options at beginning of year (in shares)	17,973	49,223	161,723
Options exercised (in shares)	0	(31,250)	(112,500)
Outstanding options at end of year (in shares)	17,973	17,973	49,223
Exercisable at end of year (in shares)	17,973	17,973	31,730
Weighted Average Exercise Price/Share
Outstanding options at beginning of year (in dollars per share)	$ 37.55	$ 40.46	$ 32.64
Options exercised (in dollars per share)	0	42.13	29.22
Outstanding options at end of year (in dollars per share)	37.55	37.55	40.46
Exercisable at end of year (in dollars per share)	$ 37.55	$ 37.55	$ 40.26

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Units Incentive Plan (Details) - Restricted Stock Unit and Restricted Stock Award - $ / shares	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Number of Restricted Stock Units and Restricted Stock Awards Outstanding
Total Non-vested at beginning of year (in shares)	324,824	369,649	314,916
Granted (in shares)	351,000	214,172	164,290
Vested (in shares)	(125,362)	(180,898)	(100,441)
Forfeited (in shares)	(31,356)	(78,099)	(9,116)
Total Non-vested at end of year (in shares)	519,106	324,824	369,649
Weighted Average Grant Date Fair Value
Total Non-vested at beginning of year (in dollars per share)	$ 57.98	$ 55.75	$ 44.46
Granted (in dollars per share)	44.06	52.30	70.74
Vested (in dollars per share)	52.93	46.49	44.82
Forfeited (in dollars per share)	53.12	58.45	56.41
Total Non-vested at beginning of year (in dollars per share)	$ 50.08	$ 57.98	$ 55.75

Net (Loss) Earnings Per Share_2

Net (Loss) Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Basic:
Net (loss) income attributable to Malibu Boats, Inc.	$ (55,912)	$ 104,513	$ 157,632
Shares used in computing basic net (loss) income per share:
Basic weighted-average shares outstanding (in shares)	20,439,449	20,501,844	20,749,237
Basic net (loss) income per share (in dollars per share)	$ (2.74)	$ 5.10	$ 7.60
Diluted:
Net (loss) income attributable to Malibu Boats, Inc.	$ (55,912)	$ 104,513	$ 157,632
Shares used in computing diluted net (loss) income per share:
Basic weighted-average shares outstanding (in shares)	20,439,449	20,501,844	20,749,237
Diluted weighted-average shares outstanding (in shares)	20,439,449	20,641,173	20,986,256
Diluted net (loss) income per share (in dollars per share)	$ (2.74)	$ 5.06	$ 7.51
Antidilutive securities (in shares)	612,277	516,205	686,178
Restricted Stock Units
Shares used in computing basic net (loss) income per share:
Basic weighted-average shares outstanding (in shares)	272,280	255,864	237,666
Shares used in computing diluted net (loss) income per share:
Basic weighted-average shares outstanding (in shares)	272,280	255,864	237,666
Awards granted to employees (in shares)	0	66,954	116,874
Stock Options
Shares used in computing diluted net (loss) income per share:
Awards granted to employees (in shares)	0	12,707	47,525
Performance Awards
Shares used in computing diluted net (loss) income per share:
Awards granted to employees (in shares)	0	59,668	72,620
Class A Common Stock
Shares used in computing basic net (loss) income per share:
Basic weighted-average shares outstanding (in shares)	20,167,169	20,245,980	20,511,571
Shares used in computing diluted net (loss) income per share:
Basic weighted-average shares outstanding (in shares)	20,167,169	20,245,980	20,511,571

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Thousands					2 Months Ended	12 Months Ended
	Apr. 10, 2024 numberOfDealership	Jun. 30, 2023 USD ($)	Feb. 09, 2022 plaintiff	Aug. 28, 2021 USD ($)	Aug. 28, 2024 USD ($) unit	Jun. 30, 2024 USD ($) unit	Jun. 30, 2023 USD ($) unit	Jun. 30, 2022 unit
Loss Contingencies [Line Items]
Floor financing, repurchase obligations		$ 385,448				$ 367,950	$ 385,448
Number of repurchase units | unit						17	0	0
Financing receivables		0				$ 0	$ 0
Loss contingency, post-judgement interest rate (as a percent)				0.0625
Proceeds from insurance coverage						21,000
Subsequent Event
Loss Contingencies [Line Items]
Number of repurchase units | unit					19
Repurchase agreement, amount					$ 2,500
Tommy's Boats
Loss Contingencies [Line Items]
Number of plaintiffs | numberOfDealership	15
Batchelder et al. v. Malibu Boats, LLC
Loss Contingencies [Line Items]
Loss contingency, percentage of fault on plaintiff behalf (as a percent)				0.75
Loss contingency, damages awarded, percentage liable by defendant (as a percent)				0.15
Loss contingency, estimate of possible loss				$ 140,000
Number of plaintiffs | plaintiff			4
Litigation settlement, amount paid		100,000
Insurance coverage		26,000
Proceeds from insurance coverage						$ 21,000
Batchelder et al. v. Malibu Boats, LLC | Batchelder Plaintiffs
Loss Contingencies [Line Items]
Litigation settlement, amount paid		40,000
Batchelder et al. v. Malibu Boats, LLC | Escrow Agent
Loss Contingencies [Line Items]
Litigation settlement, amount paid		$ 60,000
Batchelder et al. v. Malibu Boats, LLC | Pending Litigation
Loss Contingencies [Line Items]
Damages sought, value				56,000
Batchelder et al. v. Malibu Boats, LLC | Malibu Boats West, Inc.
Loss Contingencies [Line Items]
Loss contingency, damages awarded, value				$ 40,000
Loss contingency, damages awarded, percentage liable by defendant (as a percent)				0.10
Batchelder et al. v. Malibu Boats, LLC | Compensatory Damages
Loss Contingencies [Line Items]
Loss contingency, damages awarded, value				$ 80,000
Batchelder et al. v. Malibu Boats, LLC | Punitive Damages
Loss Contingencies [Line Items]
Loss contingency, damages awarded, value				$ 80,000

Related Party Transactions (Det

Related Party Transactions (Details) - Shareholder $ in Thousands	12 Months Ended
	Jun. 30, 2024 USD ($) member	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
Related Party Transaction [Line Items]
Number of directors | member	2
Directors' fees	$ 484	$ 409	$ 385
Prepaid directors' fees	$ 0	$ 74

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details)	12 Months Ended
	Jun. 30, 2024 segment
Segment Reporting [Abstract]
Number of reportable segments	3

Segment Reporting - Schedule of

Segment Reporting - Schedule of Segment Reporting Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 829,035	$ 1,388,365	$ 1,214,877
Depreciation and amortization	32,989	28,720	26,322
Net (loss) income before (benefit) provision for income taxes	(57,785)	141,491	209,965
Capital expenditures	75,962	54,840	55,064
Long-lived assets	471,465	526,827	499,826
Total assets	739,624	925,924	851,326
Malibu
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	279,131	636,247	607,543
Depreciation and amortization	9,714	8,974	8,398
Net (loss) income before (benefit) provision for income taxes	(11,589)	40,157	137,133
Capital expenditures	3,504	27,660	22,072
Long-lived assets	71,980	88,060	68,739
Total assets	122,707	249,447	264,551
Saltwater Fishing
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	327,542	449,156	341,930
Depreciation and amortization	13,814	11,918	10,880
Net (loss) income before (benefit) provision for income taxes	(62,208)	57,748	34,049
Capital expenditures	11,378	22,027	26,806
Long-lived assets	226,067	317,514	307,057
Total assets	350,063	432,806	384,684
Cobalt
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	222,362	302,962	265,404
Depreciation and amortization	9,461	7,828	7,044
Net (loss) income before (benefit) provision for income taxes	16,012	43,586	38,783
Capital expenditures	61,080	5,153	6,186
Long-lived assets	173,418	121,253	124,030
Total assets	$ 266,854	$ 243,671	$ 202,091