Malibu Boats (MBUU) 10-K29 Aug 232023 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
Cover Page - USD ($) $ in Millions	Jun. 30, 2023	Aug. 24, 2023	Dec. 31, 2022
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2023
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			$ 1,067
Documents Incorporated by Reference	Portions of the registrant’s Proxy Statement for the 2023 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, 2023.
Entity Central Index Key	0001590976
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		20,603,689
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		12

Audit Information

Audit Information	12 Months Ended
Audit Information	Jun. 30, 2023
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 Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Net sales	$ 1,388,365	$ 1,214,877	$ 926,515
Cost of sales	1,037,070	904,826	690,030
Gross profit	351,295	310,051	236,485
Operating expenses:
Selling and marketing	24,009	22,900	17,540
General and administrative	175,694	66,371	61,915
Amortization	6,808	6,957	7,255
Operating income	144,784	213,823	149,775
Other expense (income), net:
Other expense (income), net	331	983	(1,015)
Interest expense	2,962	2,875	2,529
Other expense (income), net	3,293	3,858	1,514
Income before provision for income taxes	141,491	209,965	148,261
Provision for income taxes	33,581	46,535	33,979
Net income	107,910	163,430	114,282
Net income attributable to non-controlling interest	3,397	5,798	4,441
Net income attributable to Malibu Boats, Inc.	104,513	157,632	109,841
Comprehensive income:
Net income	107,910	163,430	114,282
Other comprehensive (loss) income
Change in cumulative translation adjustment	(833)	(1,868)	1,493
Other comprehensive (loss) income	(833)	(1,868)	1,493
Comprehensive income	107,077	161,562	115,775
Less: comprehensive income attributable to non-controlling interest, net of tax	3,371	5,731	4,507
Comprehensive income attributable to Malibu Boats, Inc., net of tax	$ 103,706	$ 155,831	$ 111,268
Weighted average shares outstanding used in computing net income per share:
Basic (in shares)	20,501,844	20,749,237	20,752,652
Diluted (in shares)	20,641,173	20,986,256	21,011,087
Net income available to Class A Common Stock per share:
Basic (in dollars per share)	$ 5.10	$ 7.60	$ 5.29
Diluted (in dollars per share)	$ 5.06	$ 7.51	$ 5.23

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Current assets
Cash	$ 78,937	$ 83,744
Trade receivables, net	68,381	51,598
Inventories, net	171,189	157,002
Prepaid expenses and other current assets	7,827	6,155
Total current assets	326,334	298,499
Property, plant and equipment, net	204,792	170,718
Goodwill	100,577	100,804
Other intangible assets, net	221,458	228,304
Deferred tax assets	62,573	42,314
Other assets	10,190	10,687
Total assets	925,924	851,326
Current liabilities
Current maturities of long-term debt	0	1,563
Accounts payable	40,402	44,368
Accrued expenses	187,078	87,742
Income tax and distribution payable	847	1,670
Payable pursuant to tax receivable agreement, current portion	4,111	3,958
Total current liabilities	232,438	139,301
Deferred tax liabilities	28,453	26,965
Other liabilities	9,926	11,855
Payable pursuant to tax receivable agreement, less current portion	39,354	41,583
Long-term debt	0	118,054
Total liabilities	310,171	337,758
Commitments and contingencies (See Note 17)
Equity [Abstract]
Preferred Stock, par value $0.01 per share; 25,000,000 shares authorized; no shares issued and outstanding as of June 30, 2023; no shares issued and outstanding as of June 30, 2022	0	0
Additional paid in capital	86,321	85,294
Accumulated other comprehensive loss, net of tax	(4,340)	(3,507)
Accumulated earnings	525,697	421,184
Total stockholders' equity attributable to Malibu Boats, Inc.	607,882	503,174
Non-controlling interest	7,871	10,394
Total stockholders’ equity	615,753	513,568
Total liabilities and stockholders' equity	925,924	851,326
Class A Common Stock
Equity [Abstract]
Common Stock, par value $0.01 per share	204	203
Class B Common Stock
Equity [Abstract]
Common Stock, par value $0.01 per share	$ 0	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2023	Jun. 30, 2022
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)	20,603,822	20,501,081
Common stock, shares, outstanding (in shares)	20,603,822	20,501,081
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	10
Common stock, shares, outstanding (in shares)	12	10

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, 2020							20,596,000		15
Beginning balance at Jun. 30, 2020	$ 261,527	$ 103,797	$ (3,132)	$ 153,711	$ 6,947		$ 204		$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	114,282			109,841	4,441
Stock based compensation, net of withholding taxes on vested equity awards (in shares)							109,000
Stock based compensation, net of withholding taxes on vested equity awards	4,318	4,316					$ 2
Issuances of equity for services (in shares)							1,000
Issuances of equity for services	$ 834	834
Issuance of equity for exercise of options (in shares)	11,625						11,000
Issuance of equity for exercise of options	$ 375	375
Increase in payable pursuant to the tax receivable agreement	(2,142)	(2,142)
Increase in deferred tax asset from step-up in tax basis	2,755	2,755
Exchange of LLC Units for Class A Common Stock (in shares)							130,000
Exchange of LLC Units for Class A Common Stock	1	1,373			(1,373)		$ 1
Cancellation of Class B Common Stock for Exchange of LLC Units (in shares)									(5)
Distributions to LLC Unit holders	(2,341)				(2,341)
Foreign currency translation adjustment	1,545		1,493		52
Ending balance (in shares) at Jun. 30, 2021							20,847,000	10	10
Ending 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 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						20,501,081	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 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
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

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Operating activities:
Net income	$ 107,910	$ 163,430	$ 114,282
Adjustments to reconcile net income to net cash provided by operating activities:
Non-cash compensation expense	5,894	6,342	5,581
Non-cash compensation to directors	1,136	1,054	834
Depreciation	21,912	19,365	15,636
Amortization	6,808	6,957	7,255
Deferred income taxes	(16,158)	4,793	6,992
Adjustment to tax receivable agreement liability	188	1,025	(88)
Other items, net	1,680	1,350	2,075
Change in operating assets and liabilities (excluding effects of acquisition):
Trade receivables	(16,804)	(1,777)	(32,860)
Inventories	(14,362)	(38,050)	(35,555)
Prepaid expenses and other assets	(1,705)	(1,303)	3,038
Accounts payable	(5,148)	(287)	24,459
Income taxes receivable and payable	6	(794)	3,539
Accrued expenses	99,326	10,579	24,894
Other liabilities	(1,976)	(4,140)	(5,263)
Payment pursuant to tax receivable agreement	(3,974)	(3,698)	(3,505)
Net cash provided by operating activities	184,733	164,846	131,314
Investing activities:
Purchases of property and equipment	(54,840)	(55,064)	(30,677)
Proceeds from sale of property and equipment	202	9	9
Payment for acquisition, net of cash acquired	0	(6,566)	(150,427)
Net cash used in investing activities	(54,638)	(61,621)	(181,095)
Financing activities:
Proceeds from revolving credit facility	241,700	72,000	65,000
Proceeds from long-term borrowings	0	0	25,000
Payments on revolving credit facility	(338,700)	(20,000)	(28,800)
Principal payments on long-term borrowings	(23,125)	(76,250)	(625)
Payment of deferred financing costs	(1,362)	0	(638)
Proceeds received from exercise of stock options	1,317	3,287	375
Cash paid for tax withholdings	(3,135)	(2,058)	(1,208)
Distributions to non-controlling LLC Unit holders	(3,401)	(2,717)	(1,758)
Repurchase and retirement of Class A Common Stock	(7,868)	(34,642)	0
Net cash (used in) provided by financing activities	(134,574)	(60,380)	57,346
Effect of exchange rate changes on cash	(328)	(580)	127
Changes in cash	(4,807)	42,265	7,692
Cash—Beginning of period	83,744	41,479	33,787
Cash—End of period	78,937	83,744	41,479
Supplemental cash flow information:
Cash paid for interest	3,061	2,294	2,021
Cash paid for income taxes	50,515	42,064	23,469
Non-cash operating, investing and financing activities:
Establishment of deferred tax assets from step-up in tax basis	2,619	0	2,755
Establishment of amounts payable under tax receivable agreements	1,710	0	2,142
Exchange of LLC Units for Class A Common Stock	2,765	0	1,373
Tax distributions payable to non-controlling LLC Unit holders	776	1,045	687
Capital expenditures in accounts payable	$ 2,207	$ 1,032	$ 2,419

Organization, Basis of Presenta

Organization, Basis of Presentation, and Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2023
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. T he 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. The Company revised its segment reporting effective December 31, 2020, to account for its acquisition of Maverick Boat Group and to conform to changes in its internal management reporting based on the Company’s boat manufacturing operations. Prior to this change in reporting segments, the Company had three reportable segments, Malibu, Pursuit and Cobalt. The Company now aggregates Pursuit and Maverick Boat Group into one reportable segment as they have similar economic characteristics and qualitative factors. As a result, the Company continues to have three reportable segments, Malibu, Saltwater Fishing and Cobalt. Additional segment information is contained in Note 19. 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 41.1%, 39.9% and 38.7%, of the Company’s net sales for the fiscal years ended June 30, 2023, 2022 and 2021, respectively. Sales to the Company's dealers under common control of OneWater Marine, Inc. represented approximately 17.2% , 16.8% and 16.3% of the Company's consolidated net sales in the fiscal years ended June 30, 2023 , 2022 , and 2021 respectively. Sales to the Company's dealers under common control of Tommy's Boats represented approximately 10.7%, 9.4% and 7.3% of the Company's consolidated net sales in the fiscal years ended June 30, 2023 , 2022 , and 2021 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, 2023 and 2022, no highly liquid investments were held and the entire balance consists of cash. At June 30, 2023 and 2022, 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, 2023 and 2022, 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. 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. For the fiscal year ended June 30, 2022, the Company performed a qualitative assessment 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, 2022 and 2021. Intangible Assets Intangible assets consist primarily of 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 5 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 technological obsolescence and 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. There was no impairment loss recognized on intangible assets for the fiscal years ended June 30, 2023, 2022 and 2021. 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, 2023 2022 2021 Balance at beginning of year $ 15,852 $ 11,666 $ 6,865 Add: Dealer rebate incentives 32,953 35,210 28,629 Additions for acquisitions — — 219 Less: Dealer rebates paid (35,090) (31,024) (24,047) Balance at end of year $ 13,715 $ 15,852 $ 11,666 Changes in the Company’s accrual for floor financing were as follows: Fiscal Year Ended June 30, 2023 2022 2021 Balance at beginning of year $ 187 $ 121 $ 719 Add: Flooring incentives 13,926 3,717 4,157 Additions for acquisitions — — 30 Less: Flooring paid (12,979) (3,651) (4,785) Balance at end of year $ 1,134 $ 187 $ 121 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 2020 through 2022, while its subsidiaries, Malibu Boats Holdings, LLC and Malibu Boats Pty Ltd., remain open to examination for years 2019 through 2022. 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. Historically, product returns, resulting from repurchases made under the floorplan financing program, have not been material and the returned boats have been subsequently resold above their cost. 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 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, 2023, 2022, and 2021. 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, 2022, November 3, 2021 and November 3, 2020 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 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 income. Comprehensive Income Components of comprehensive income include net income and foreign currency translation adjustments. The Company has chosen to disclose comprehensive income in a single continuous consolidated statement of operations and comprehensive income. Recent Accounting Pronouncements In June 2016, the FASB issued Accounting Standards Update ("ASU") 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , and in November 2018 issued a subsequent amendment, ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments - Credit Losses . ASU 2016-13 significantly changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. ASU 2016-13 will replace today’s “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. ASU 2018-19 will affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope of this amendment that have the contractual right to receive cash. On July 1, 2020, the Company adopted this standard and the adoption did not have a material impact on the Company’s consolidated financial position, results of operations, equity or cash flows. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of Effects of Reference Rate Reform on Financial Reporting , which provides practical expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The elective amendments provide expedients to contract modification, affected by reference rate reform if certain criteria are met. The expedients and exceptions provided by this guidance apply only to contracts, hedging relationships, and other transactions that reference the London interbank offered rate (“LIBOR”) or another reference rate expected to be discontinued as a result of reference rate reform. Per ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 , this guidance is not applicable to contract modifications made and hedging relationships entered into or evaluated after December 31, 2024. The guidance can be applied immediately through December 31, 2024. The Company will adopt this standard when LIBOR is discontinued and does not expect a material impact to its financial condition, results of operations or disclosures based on the current debt portfolio and capital structure. 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
Revenue Recognition	Jun. 30, 2023
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, 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 Fiscal Year Ended June 30, 2021 Malibu Saltwater Fishing Cobalt Consolidated Revenue by product: Boat and trailer sales $ 464,738 $ 241,750 $ 196,654 $ 903,142 Part and other sales 18,787 1,164 3,422 23,373 Net sales $ 483,525 $ 242,914 $ 200,076 $ 926,515 Revenue by geography: North America $ 434,660 $ 234,680 $ 191,477 $ 860,817 International 48,865 8,234 8,599 65,698 Net sales $ 483,525 $ 242,914 $ 200,076 $ 926,515 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
Non-controlling Interest	Jun. 30, 2023
Noncontrolling Interest [Abstract]
Non-controlling Interest	Non-controlling Interest The non-controlling interest on the consolidated statements of operations and comprehensive 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, 2023 As of June 30, 2022 Units Ownership % Units Ownership % Non-controlling LLC unit holders ownership in Malibu Boats Holdings, LLC 455,919 2.2 % 600,919 2.8 % Malibu Boats, Inc. ownership in Malibu Boats Holdings, LLC 20,603,822 97.8 % 20,501,081 97.2 % 21,059,741 100.0 % 21,102,000 100.0 % Balance of non-controlling interest as of June 30, 2021 $ 7,726 Allocation of income to non-controlling LLC Unit holders for period 5,798 Distributions paid and payable to non-controlling LLC Unit holders for period (3,076) Reallocation of non-controlling interest (54) 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 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, 2023, the Company caused the LLC to issue a total of 346,370 LLC Units to the Company in connection with (i) the Company's issuance of Class A Common Stock to a non-employee director for her 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") and (iii) the issuance of restricted Class A Common Stock granted under the Incentive Plan, (iv) the issuance of Class A Common Stock to LLC Unit holders in exchange of their LLC Units and (v) the issuance of Class A Common Stock for the exercise of options granted under the Incentive Plan. During fiscal year 2023, 38,598 LLC Units were canceled in connection with the vesting of share-based equity awards to satisfy employee tax withholding requirements, 3,406 LLC Units were canceled in connection with the vesting of stock awards with a market condition that were deemed to not be achieved and 57,866 LLC Units were canceled in connection with the forfeiture of stock awards. In connection with the cancellation of LLC units described above, an equivalent 99,870 treasury shares were retired in accordance with the LLC Agreement. Also during fiscal year 2023, 143,759 LLC Units were redeemed and canceled by the LLC in connection with the purchase and retirement of 143,759 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, 2023 and 2022, tax distributions payable to non-controlling LLC Unit holders were $776 and $1,045, respectively. During the fiscal years ended June 30, 2023, 2022, and 2021, tax distributions paid to the non-controlling LLC Unit holders were $3,401, $2,717, and $1,758, 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
Acquisitions	Jun. 30, 2023
Business Combination and Asset Acquisition [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 . Maverick Boat Group On December 31, 2020, the Company completed its acquisition of all the outstanding stock of Maverick Boat Group. The aggregate purchase price for the transaction was $150,675, funded with cash and borrowings under the Company's credit facilities. The aggregate purchase price was subject to certain adjustments, including customary adjustments for the amount of cash, indebtedness and working capital in the business at the closing date and subject to adjustment for certain capital expenditures made by Maverick Boat Group prior to closing at the Company’s request. The Company accounted for the transaction in accordance with ASC Topic 805, Business Combinations . The total consideration given to the stockholders of Maverick Boat Group has been allocated to the assets acquired and liabilities assumed based on estimates of fair value as of the date of the acquisition. The measurements of fair value were determined based upon estimates utilizing the assistance of third party valuation specialists. The following table summarizes the purchase price allocation based on the estimated fair values of the assets acquired and liabilities assumed at the acquisition date: Consideration: Cash consideration paid $ 150,675 Recognized amounts of identifiable assets acquired and (liabilities assumed), at fair value: Cash $ 248 Accounts receivable 3,204 Inventories 7,756 Other current assets 194 Property, plant and equipment 22,618 Identifiable intangible assets 102,600 Other assets 4,410 Current liabilities (6,611) Deferred tax liabilities (28,528) Other liabilities (4,405) Fair value of assets acquired and liabilities assumed 101,486 Goodwill 49,189 Total purchase price $ 150,675 The fair value estimates for the Company's identifiable intangible assets acquired as part of the acquisition are as follows: Estimates of Fair Value Estimated Useful Life (in years) Definite-lived intangibles: Dealer relationships $ 47,900 20 Total definite-lived intangibles 47,900 Indefinite-lived intangible: Trade name 54,700 Total other intangible assets $ 102,600 The value allocated to inventories reflects the estimated fair value of the acquired inventory based on the expected sales price of the inventory, less an estimated cost to complete and a reasonable profit margin. The fair value of the identifiable intangible assets were determined based on the following approaches: Dealer Relationships - The value associated with Maverick Boat Group's dealer relationships is attributed to its long standing dealer distribution network. The estimate of fair value assigned to this asset was determined using the income approach, which requires an estimate or forecast of the expected future cash flows from the dealer relationships through the application of the multi-period excess earnings approach. The estimated remaining useful life of dealer relationships is approximately 17.5 years. Trade Name - The value attributed to Maverick Boat Group's trade names was determined using a variation of the income approach called the relief from royalty method, which requires an estimate or forecast of the expected future cash flows. The trade name has an indefinite life. The fair value of the definite-lived intangible assets are being amortized using the straight-line method to amortization expenses over their estimated useful lives. Indefinite-lived intangible assets are not amortized, but instead are evaluated for potential impairment on an annual basis in accordance with the provisions of ASC Topic 350, Intangibles—Goodwill and Other . The weighted average useful life of identifiable definite-lived intangible assets acquired was 20 years. Goodwill of $49,189 arising from the acquisition consists of expected synergies and cost savings as well as intangible assets that do not qualify for separate recognition. Acquisition-related costs of $2,648, w hich were incurred by the Company in the fiscal year ended June 30, 2021 related to the Maverick Boat Group acquisition, were expensed in the period incurred, and are included in general and administrative expenses in the consolidated statement of operations and comprehensive income. Pro Forma Financial Information (unaudited): The following unaudited pro forma consolidated results of operations for the fiscal years ended June 30, 2023, 2022 and 2021, assumes that the acquisition of Maverick Boat Group occurred as of July 1, 2020. The unaudited pro forma financial information combines historical results of Malibu and Maverick Boat Group, with adjustments for interest on debt financing, depreciation and amortization attributable to fair value estimates on acquired tangible and intangible assets for the respective periods. Non-recurring pro forma adjustments associated with the fair value step up of inventory were included in the reported pro forma cost of sales and earnings. The unaudited pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of fiscal year 2021 or the results that may occur in the future: Fiscal Year Ended June 30, 2023 2022 2021 Net sales $ 1,388,365 $ 1,214,877 $ 982,535 Net income 107,910 163,430 116,598 Net income attributable to Malibu Boats, Inc. 104,513 157,632 112,104 Basic earnings per share $ 5.10 $ 7.60 $ 5.40 Diluted earnings per share $ 5.06 $ 7.51 $ 5.34

Inventories, net

Inventories, net	12 Months Ended
Inventories, net	Jun. 30, 2023
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”) 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, 2023 2022 Raw materials $ 142,948 $ 129,233 Work in progress 19,222 20,929 Finished goods 9,019 6,840 Total inventories $ 171,189 $ 157,002

Property, Plant, and Equipment,

Property, Plant, and Equipment, net	12 Months Ended
Property, Plant, and Equipment, net	Jun. 30, 2023
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 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. No impairment charges were recorded for the fiscal years ended June 30, 2023, 2022 and 2021 in the Company’s consolidated financial statements. Property, plant, and equipment, net consisted of the following: As of June 30, 2023 2022 Land $ 4,905 $ 4,905 Building and leasehold improvements 119,324 81,030 Machinery and equipment 103,362 82,469 Furniture and fixtures 12,672 10,805 Construction in process 47,482 52,852 287,745 232,061 Less accumulated depreciation (82,953) (61,343) $ 204,792 $ 170,718 Depreciation expense was $21,912, $19,365 and $15,636 for the fiscal years ended June 30, 2023, 2022 and 2021, 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
Goodwill and Other Intangible Assets, net	Jun. 30, 2023
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, 2023 and 2022 were as follows: Malibu Saltwater Fishing Cobalt Consolidated Goodwill as of June 30, 2021 $ 12,528 $ 68,714 $ 19,791 $ 101,033 Addition related to the acquisition of Malibu Electronics 329 — — 329 Effect of foreign currency changes on goodwill (558) — — (558) 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 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) 2023 2022 Definite-lived intangibles: Dealer relationships $ 131,725 $ 131,806 15-20 15.6 Patent 2,600 2,600 15 9.0 Trade name 100 100 15 7.0 Non-compete agreement 46 48 10 1.3 Total 134,471 134,554 Less: Accumulated amortization (31,213) (24,450) Total definite-lived intangible assets, net 103,258 110,104 Indefinite-lived intangible: Trade names 118,200 118,200 Total other intangible assets $ 221,458 $ 228,304 Amortization expense recognized on all amortizable intangibles was $6,808 , $6,957 and $7,255 for the fiscal years ended June 30, 2023, 2022 and 2021, respectively. Estimated future amortization expenses as of June 30, 2023 are as follows: Fiscal Year As of June 30, 2023 2024 $ 6,806 2025 6,803 2026 6,802 2027 6,802 2028 6,802 2029 and thereafter 69,243 $ 103,258

Accrued Expenses

Accrued Expenses	12 Months Ended
Accrued Expenses	Jun. 30, 2023
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses consisted of the following: As of June 30, 2023 2022 Warranties $ 41,709 $ 38,673 Dealer incentives 14,996 16,357 Accrued compensation 19,671 21,076 Current operating lease liabilities 2,324 2,121 Litigation settlement 100,000 — Accrued legal and professional fees 1,899 1,939 Customer deposits 4,054 4,851 Other accrued expenses 2,425 2,725 Total accrued expenses $ 187,078 $ 87,742 Litigation settlement represents settlement of product liability cases in June 2023 for $100.0 million. For more information, refer to Note 17 of our consolidated financial statements included elsewhere in this Annual Report.

Product Warranties

Product Warranties	12 Months Ended
Product Warranties	Jun. 30, 2023
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. Accordingly, the Company has less historical claims experience for warranty years four five 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, 2023 2022 2021 Beginning balance $ 38,673 $ 35,035 $ 27,500 Add: Warranty Expense 24,812 21,280 21,973 Additions for Maverick Boat Group acquisition — — 883 Less: Warranty claims paid (21,776) (17,642) (15,321) Ending balance $ 41,709 $ 38,673 $ 35,035

Financing

Financing	12 Months Ended
Financing	Jun. 30, 2023
Debt Disclosure [Abstract]
Financing	Financing Outstanding debt consisted of the following: As of June 30, 2023 2022 Term loan $ — $ 23,125 Revolving credit loan — 97,000 Less unamortized debt issuance costs — (508) Total debt — 119,617 Less current maturities — 1,563 Long term debt less current maturities $ — $ 118,054 Long-Term Debt As of June 30, 2023, the Company had a revolving credit facility with borrowing capacity of up to $350,000. As of June 30, 2023, the Company had $0 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 will be based upon the consolidated leverage ratio of the LLC and its subsidiaries. As of June 30, 2023, the interest rate on the Company’s term loans and revolving credit facility was 6.56% . The Company is required to pay a commitment fee for any unused portion of the revolving credit facility which will range 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
Leases	Jun. 30, 2023
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 2023 2022 Assets Right-of-use assets Other assets $ 8,808 $ 10,659 Liabilities Current operating lease liabilities Accrued expenses $ 2,324 $ 2,121 Long-term operating lease liabilities Other liabilities 7,843 10,062 Total lease liabilities $ 10,167 $ 12,183 Fiscal Year Ended June 30, Classification 2023 2022 2021 Operating lease costs (1) Cost of sales $ 2,686 $ 2,611 $ 2,170 Selling and marketing, and general and administrative 878 857 854 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 2,555 2,517 2,617 (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, 2023 and 2022 was 4.60 years and 5.53 years, respectively. As of June 30, 2023 and 2022, the weighted average discount rate determined based on the Company's incremental borrowing rate is 3.67% and 3.63%, respectively. Future annual minimum lease payments for the following fiscal years as of June 30, 2023 are as follows: Amount 2024 $ 2,649 2025 2,347 2026 2,255 2027 2,255 2028 1,504 2029 and thereafter — Total 11,010 Less imputed interest (843) Present value of lease liabilities $ 10,167

Tax Receivable Agreement Liabil

Tax Receivable Agreement Liability	12 Months Ended
Tax Receivable Agreement Liability	Jun. 30, 2023
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, 2023 2022 Beginning balance $ 45,541 $ 48,214 Additions (reductions) to tax receivable agreement: Exchange of LLC Units for Class A Common Stock 1,710 — Adjustment for change in estimated state tax rate or benefits 188 1,025 Payment under tax receivable agreement (3,974) (3,698) 43,465 45,541 Less current portion under tax receivable agreement (4,111) (3,958) Ending balance $ 39,354 $ 41,583 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, 2023 and 2022, the Company recorded deferred tax assets of $118,148 and $115,952, 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 approximately 75 days after filing the federal tax return due by April 15, 2024.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Jun. 30, 2023
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 did not recognize any significant impact to income tax expense for the fiscal year ended June 30, 2023 relating to the Inflation Reduction Act. The components of provision for income taxes are as follows: Fiscal Year Ended June 30, 2023 2022 2021 Current tax expense: Federal $ 39,462 $ 33,689 $ 21,737 State 9,071 6,632 4,014 Foreign 1,331 1,532 1,284 Total current 49,864 41,853 27,035 Deferred tax expense: Federal (14,230) 4,661 6,147 State (2,019) 94 899 Foreign (34) (73) (102) Total deferred (16,283) 4,682 6,944 Income tax expense $ 33,581 $ 46,535 $ 33,979 The income tax expense differs from the amount computed by applying the federal statutory income tax rate to income from continuing operations before income taxes. The sources and tax effects of the differences are as follows: Fiscal Year Ended June 30, 2023 2022 2021 Federal tax provision at statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal benefit 3.5 2.8 2.9 Permanent differences attributable to partnership investment (0.5) (1.0) (0.3) Non-controlling interest (0.5) (0.6) (0.7) Other, net 0.2 — — Total income tax expense on continuing operations 23.7 % 22.2 % 22.9 % 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, 2023 and 2022 are as follows: As of June 30, 2023 2022 Deferred tax assets: Partnership basis differences $ 69,193 $ 49,740 Accrued liabilities and reserves 1,436 955 State tax credits and NOLs 8,922 7,178 Foreign tax credits 580 580 Other 381 336 Less valuation allowance (16,876) (15,633) Total deferred tax assets 63,636 43,156 Deferred tax liabilities: Fixed assets and intangibles 29,495 27,754 Other 21 53 Total deferred tax liabilities 29,516 27,807 Total net deferred tax assets $ 34,120 $ 15,349 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, 2023 and 2022, the Company concluded that $16,876 and $15,633, 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 2038. 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 2020 through 2022, while its subsidiaries, the LLC and Malibu Boats Pty Ltd., remain open to examination for fiscal years 2019 through 2022. A reconciliation of changes in the amount of unrecognized tax benefits for the fiscal years ended June 30, 2023, 2022 and 2021 is as follows: Fiscal Year Ended June 30, 2023 2022 2021 Balance as of July 1 $ 1,472 $ 1,452 $ 1,445 Additions based on tax positions taken during the current period 363 314 304 Reductions for settlements with taxing authorities — — (250) Reductions due to statute settlements (156) (286) (50) Additions (reductions) for tax positions of prior years 39 (8) 3 Balance as of June 30 $ 1,718 $ 1,472 $ 1,452 In fiscal year 2023, the Company reduced its uncertain tax positions by $156 as a result of statute settlements, and recorded $363 in connection with its current year state filing positions. As of June 30, 2023, it is reasonably possible that $130 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, $1,423 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, 2023, the Company had $324 of accrued interest related to unrecognized tax benefits.

Stockholder's Equity

Stockholder's Equity	12 Months Ended
Stockholder's Equity	Jun. 30, 2023
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 2021, nine non-controlling LLC Unit holders exchanged LLC Units for the issuance of Class A Common Stock. In connection with the exchange, five shares of Class B Common Stock were automatically transferred to the Company and retired. As of June 30, 2021, the Company had a total of 10 shares of its Class B Common Stock issued and outstanding. 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. Stock Repurchase Program On August 27, 2020, the board of directors of the Company authorized a stock repurchase program for the repurchase of up to $50,000 of Class A Common Stock and the LLC Units for the period from September 2, 2020 to July 1, 2021 (the “Fiscal 2021 Repurchase Program”). No shares were repurchased under the Fiscal 2021 Repurchase Program. The Fiscal 2021 Repurchase Program expired on July 1, 2021. 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”). As of June 30, 2023, $100,000 was available to repurchase shares of Class A Common Stock and LLC Units under the Fiscal 2023 Repurchase Program. The Fiscal 2023 Repurchase Program expires on November 8, 2023. 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

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
Stock-Based Compensation	Jun. 30, 2023
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, 2023, there were 400,825 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 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 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 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 . 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, 2023 2022 2021 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 49,223 $ 40.46 161,723 $ 32.64 173,348 $ 32.61 Options granted — — — — — — Options exercised (31,250) 42.13 (112,500) 29.22 (11,625) 32.24 Outstanding options at end of year 17,973 $ 37.55 49,223 $ 40.46 161,723 $ 32.64 Exercisable at end of year 17,973 $ 37.55 31,730 $ 40.26 111,737 $ 30.32 The weighted average remaining contractual life of options outstanding and options outstanding and exercisable as of June 30, 2023 was 1.54 years, respectively. The total intrinsic value of options exercised during the years ended June 30, 2023, 2022 and 2021 was $557, $3,751 and $322, respectively. The total intrinsic value of options outstanding and options outstanding and exercisable at June 30, 2023 was $379, 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, 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. For the fiscal year ended June 30, 2021, the Company issued 1,376 shares of Class A Common Stock and 13,624 restricted stock units with a weighted-average grant date fair value of $55.61 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, 2023 2022 2021 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 369,649 $ 55.75 314,916 $ 44.46 277,696 $ 35.43 Granted 214,172 52.30 164,290 70.74 141,642 54.96 Vested (180,898) 46.49 (100,441) 44.82 (93,492) 32.88 Forfeited (78,099) 58.45 (9,116) 56.41 (10,930) 50.24 Total Non-vested Restricted Stock Units and Restricted Stock Awards at end of year 324,824 $ 57.98 369,649 $ 55.75 314,916 $ 44.46 As of June 30, 2023, the total unrecognized compensation cost related to nonvested, share-based compensation was $10,107, which the Company expects to recognize over a weighted-average period of 2.1 years. Stock compensation expense attributable to all of the Company's equity awards was $5,894, $6,342 and $5,581 for fiscal years 2023, 2022 and 2021, respectively, is included in general and administrative expense in the Company's consolidated statements of operations and comprehensive income. The cash flow effects resulting from all equity awards were reflected as noncash operating activities. During fiscal years 2023, 2022 and 2021, the Company withheld 54,909, 27,420 and 21,081 shares at an aggregate cost of $3,135, $2,058 and $1,208, 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 Earnings Per Share

Net Earnings Per Share	12 Months Ended
Net Earnings Per Share	Jun. 30, 2023
Earnings Per Share [Abstract]
Net Earnings Per Share	Net Earnings Per Share Basic net income per share of Class A Common Stock is computed by dividing net 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 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 income per share of Class A Common Stock is computed similarly to basic net 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 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, 2023 2022 2021 Basic: Net income attributable to Malibu Boats, Inc. $ 104,513 $ 157,632 $ 109,841 Shares used in computing basic net income per share: Weighted-average Class A Common Stock 20,245,980 20,511,571 20,528,723 Weighted-average participating restricted stock units convertible into Class A Common Stock 255,864 237,666 223,929 Basic weighted-average shares outstanding 20,501,844 20,749,237 20,752,652 Basic net income per share $ 5.10 $ 7.60 $ 5.29 Diluted: Net income attributable to Malibu Boats, Inc. $ 104,513 $ 157,632 $ 109,841 Shares used in computing diluted net income per share: Basic weighted-average shares outstanding 20,501,844 20,749,237 20,752,652 Restricted stock units granted to employees 66,954 116,874 123,179 Weighted-average stock options convertible into Class A Common Stock 12,707 47,525 76,844 Weighted-average market performance awards convertible into Class A Common Stock 59,668 72,620 58,412 Diluted weighted-average shares outstanding 1 20,641,173 20,986,256 21,011,087 Diluted net income per share $ 5.06 $ 7.51 $ 5.23 1 The Company excluded 516,205, 686,178, and 685,271 potentially dilutive shares from the calculation of diluted net income per share for the fiscal year ended June 30, 2023, 2022, and 2021, 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 income per share of Class B Common Stock has not been presented.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Jun. 30, 2023
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 $385,448 and $183,953 as of June 30, 2023 and 2022, 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 income. For fiscal year 2023, 2022 and 2021 , the Company did not repurchase any units under its repurchase agreements. Accordingly, the Company did not carry a reserve for repurchases as of June 30, 2023 and 2022, 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, 2023 and 2022 , the Company had no financing receivables recorded in other current assets and accrued expenses related to these arrangements. Roane County Property Purchase On March 28, 2023, the Company entered into a Purchase and Sale Agreement (the “Purchase Agreement”) to purchase certain real property, improvements and other assets from the seller for a cash purchase price of approximately $33,300. As of June 30, 2023, the Company had deposited approximately $7,800 in escrow pursuant to the Purchase Agreement. On July 25, 2023, the transaction closed and the Company paid the remaining $25,500 balance of the purchase price. The Company expects to incur additional capital expenditures of approximately $15,000 to make changes to the facility to meet its operational needs. 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, 2023 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, 2023 or June 30, 2022 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.

Related Party Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Jun. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Related Party TransactionsAs of June 30, 2023, 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, 2023, 2022 and 2021, $409, $385 and $315, respectively, was paid to these directors in both cash and equity for their services. Of the amount paid, $74 and $74 was a prepayment for services through the 2023 and 2022 annual meetings for both of the years ended June 30, 2023 and 2022, respectively.

Segment Reporting

Segment Reporting	12 Months Ended
Segment Reporting	Jun. 30, 2023
Segment Reporting [Abstract]
Segment Reporting	Segment ReportingThe 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, 2023, 2022, and 2021. 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 Fiscal Year Ended June 30, 2021 Malibu Saltwater Fishing 1 Cobalt Total Net sales $ 483,525 $ 242,914 $ 200,076 $ 926,515 Depreciation and amortization 9,397 7,682 5,812 22,891 Net income before provision for income taxes 88,511 35,079 24,671 148,261 Capital expenditures 11,269 9,962 9,446 30,677 Long-lived assets 52,533 291,960 124,816 469,309 Total assets $ 211,510 $ 360,481 $ 170,793 $ 742,784 1 Represents the results of Maverick Boat Group since the acquisition on December 31, 2020.

Quarterly Financial Reporting (

Quarterly Financial Reporting (Unaudited)	12 Months Ended
Quarterly Financial Reporting (Unaudited)	Jun. 30, 2023
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Reporting (Unaudited)	Quarterly Financial Reporting (Unaudited) Quarter Ended Fiscal Year Ended June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 Net sales $ 372,303 $ 375,119 $ 338,732 $ 302,211 $ 1,388,365 Gross profit 102,462 98,574 75,654 74,605 351,295 Operating (loss) income (22,646) 70,263 48,684 48,483 144,784 Net (loss) income (18,043) 53,452 36,396 36,105 107,910 Net (loss) income attributable to non-controlling interest (623) 1,564 1,234 1,222 3,397 Net (loss) income attributable to Malibu Boats, Inc. $ (17,420) $ 51,888 $ 35,162 $ 34,883 $ 104,513 Basic net (loss) income per share $ (0.86) $ 2.53 $ 1.73 $ 1.70 $ 5.10 Diluted net (loss) income per share $ (0.86) $ 2.51 $ 1.72 $ 1.69 $ 5.06 Quarter Ended Fiscal Year Ended June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 Net sales $ 353,206 $ 344,287 $ 263,887 $ 253,497 $ 1,214,877 Gross profit 89,627 97,121 63,551 59,752 310,051 Operating income 65,411 71,537 40,187 36,688 213,823 Net income 49,685 54,833 30,979 27,933 163,430 Net income income attributable to non-controlling interest 1,766 1,955 1,088 989 5,798 Net income attributable to Malibu Boats, Inc. $ 47,919 $ 52,878 $ 29,891 $ 26,944 $ 157,632 Basic net income per share $ 2.34 $ 2.54 $ 1.43 $ 1.29 $ 7.60 Diluted net income per share $ 2.31 $ 2.51 $ 1.41 $ 1.28 $ 7.51

Subsequent Event

Subsequent Event	12 Months Ended
Subsequent Event	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event Batchelder Payments As discussed above, in connection with the settlement of the Batchelder Matters, in July 2023, 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. Insurance Litigation Malibu Boats, Inc. and its subsidiaries, including Boats LLC, maintain liability insurance applicable to the Batchelder Matters described above with coverage up to $26,000. As of August 24, 2023, 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 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. The Company intends to vigorously pursue its claims against its insurers 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. Borrowing under Revolving Credit Facility On July 7, 2023, the Company borrowed $75,000 under the revolving credit facility, with $273,422 remaining available for borrowing. The Company utilized certain of the funds borrowed under the revolving credit facility to make payments relating to the Batchelder Matters, as described herein. As of August 24, 2023, the Company had $65,000 outstanding under its revolving credit facility.

Organization, Basis of Presen_2

Organization, Basis of Presentation, and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2023
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 RiskA 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.
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, 2023 and 2022, no highly liquid investments were held and the entire balance consists of cash. At June 30, 2023 and 2022, 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, 2023 and 2022, 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. 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. For the fiscal year ended June 30, 2022, the Company performed a qualitative assessment 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, 2022 and 2021. Intangible Assets Intangible assets consist primarily of 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 5 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 technological obsolescence and 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.
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.
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 2020 through 2022, while its subsidiaries, Malibu Boats Holdings, LLC and Malibu Boats Pty Ltd., remain open to examination for years 2019 through 2022. 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. Historically, product returns, resulting from repurchases made under the floorplan financing program, have not been material and the returned boats have been subsequently resold above their cost. 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 Shipping and freight costs are included in cost of sales in the accompanying consolidated statements of operations and comprehensive income.
Advertising Costs	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, 2023, 2022, and 2021.
Fair Value of Financial Instruments	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	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 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 income and cash flows are translated at the average exchange rate in effect during the applicable
Comprehensive Income	Comprehensive Income Components of comprehensive income include net income and foreign currency translation adjustments. The Company has chosen to disclose comprehensive income in a single continuous consolidated statement of operations and comprehensive income.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the FASB issued Accounting Standards Update ("ASU") 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , and in November 2018 issued a subsequent amendment, ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments - Credit Losses . ASU 2016-13 significantly changes how entities will measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. ASU 2016-13 will replace today’s “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. ASU 2018-19 will affect loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope of this amendment that have the contractual right to receive cash. On July 1, 2020, the Company adopted this standard and the adoption did not have a material impact on the Company’s consolidated financial position, results of operations, equity or cash flows. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of Effects of Reference Rate Reform on Financial Reporting , which provides practical expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The elective amendments provide expedients to contract modification, affected by reference rate reform if certain criteria are met. The expedients and exceptions provided by this guidance apply only to contracts, hedging relationships, and other transactions that reference the London interbank offered rate (“LIBOR”) or another reference rate expected to be discontinued as a result of reference rate reform. Per ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 , this guidance is not applicable to contract modifications made and hedging relationships entered into or evaluated after December 31, 2024. The guidance can be applied immediately through December 31, 2024. The Company will adopt this standard when LIBOR is discontinued and does not expect a material impact to its financial condition, results of operations or disclosures based on the current debt portfolio and capital structure. 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, 2023
Accounting Policies [Abstract]
Schedule of Dealer Incentives	Changes in the Company’s accrual for dealer rebates were as follows: Fiscal Year Ended June 30, 2023 2022 2021 Balance at beginning of year $ 15,852 $ 11,666 $ 6,865 Add: Dealer rebate incentives 32,953 35,210 28,629 Additions for acquisitions — — 219 Less: Dealer rebates paid (35,090) (31,024) (24,047) Balance at end of year $ 13,715 $ 15,852 $ 11,666 Changes in the Company’s accrual for floor financing were as follows: Fiscal Year Ended June 30, 2023 2022 2021 Balance at beginning of year $ 187 $ 121 $ 719 Add: Flooring incentives 13,926 3,717 4,157 Additions for acquisitions — — 30 Less: Flooring paid (12,979) (3,651) (4,785) Balance at end of year $ 1,134 $ 187 $ 121

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
Revenue Recognition (Tables)	Jun. 30, 2023
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, 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 Fiscal Year Ended June 30, 2021 Malibu Saltwater Fishing Cobalt Consolidated Revenue by product: Boat and trailer sales $ 464,738 $ 241,750 $ 196,654 $ 903,142 Part and other sales 18,787 1,164 3,422 23,373 Net sales $ 483,525 $ 242,914 $ 200,076 $ 926,515 Revenue by geography: North America $ 434,660 $ 234,680 $ 191,477 $ 860,817 International 48,865 8,234 8,599 65,698 Net sales $ 483,525 $ 242,914 $ 200,076 $ 926,515

Non-controlling Interest (Table

Non-controlling Interest (Tables)	12 Months Ended
Non-controlling Interest (Tables)	Jun. 30, 2023
Noncontrolling Interest [Abstract]
Schedule of Non-controlling Interest	The ownership of the LLC is summarized as follows: As of June 30, 2023 As of June 30, 2022 Units Ownership % Units Ownership % Non-controlling LLC unit holders ownership in Malibu Boats Holdings, LLC 455,919 2.2 % 600,919 2.8 % Malibu Boats, Inc. ownership in Malibu Boats Holdings, LLC 20,603,822 97.8 % 20,501,081 97.2 % 21,059,741 100.0 % 21,102,000 100.0 % Balance of non-controlling interest as of June 30, 2021 $ 7,726 Allocation of income to non-controlling LLC Unit holders for period 5,798 Distributions paid and payable to non-controlling LLC Unit holders for period (3,076) Reallocation of non-controlling interest (54) 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

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
Acquisitions (Tables)	Jun. 30, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the purchase price allocation based on the estimated fair values of the assets acquired and liabilities assumed at the acquisition date: Consideration: Cash consideration paid $ 150,675 Recognized amounts of identifiable assets acquired and (liabilities assumed), at fair value: Cash $ 248 Accounts receivable 3,204 Inventories 7,756 Other current assets 194 Property, plant and equipment 22,618 Identifiable intangible assets 102,600 Other assets 4,410 Current liabilities (6,611) Deferred tax liabilities (28,528) Other liabilities (4,405) Fair value of assets acquired and liabilities assumed 101,486 Goodwill 49,189 Total purchase price $ 150,675
Schedule of Finite and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	The fair value estimates for the Company's identifiable intangible assets acquired as part of the acquisition are as follows: Estimates of Fair Value Estimated Useful Life (in years) Definite-lived intangibles: Dealer relationships $ 47,900 20 Total definite-lived intangibles 47,900 Indefinite-lived intangible: Trade name 54,700 Total other intangible assets $ 102,600
Schedule of Business Acquisition, Pro Forma Information	The unaudited pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of fiscal year 2021 or the results that may occur in the future: Fiscal Year Ended June 30, 2023 2022 2021 Net sales $ 1,388,365 $ 1,214,877 $ 982,535 Net income 107,910 163,430 116,598 Net income attributable to Malibu Boats, Inc. 104,513 157,632 112,104 Basic earnings per share $ 5.10 $ 7.60 $ 5.40 Diluted earnings per share $ 5.06 $ 7.51 $ 5.34

Inventories, net (Tables)

Inventories, net (Tables)	12 Months Ended
Inventories, net (Tables)	Jun. 30, 2023
Inventory Disclosure [Abstract]
Schedule of Inventories, net	Inventories consisted of the following: As of June 30, 2023 2022 Raw materials $ 142,948 $ 129,233 Work in progress 19,222 20,929 Finished goods 9,019 6,840 Total inventories $ 171,189 $ 157,002

Property, Plant, and Equipmen_2

Property, Plant, and Equipment, net (Tables)	12 Months Ended
Property, Plant, and Equipment, net (Tables)	Jun. 30, 2023
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, 2023 2022 Land $ 4,905 $ 4,905 Building and leasehold improvements 119,324 81,030 Machinery and equipment 103,362 82,469 Furniture and fixtures 12,672 10,805 Construction in process 47,482 52,852 287,745 232,061 Less accumulated depreciation (82,953) (61,343) $ 204,792 $ 170,718

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets, net (Tables)	12 Months Ended
Goodwill and Other Intangible Assets, net (Tables)	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in the carrying amount of goodwill for the fiscal years ended June 30, 2023 and 2022 were as follows: Malibu Saltwater Fishing Cobalt Consolidated Goodwill as of June 30, 2021 $ 12,528 $ 68,714 $ 19,791 $ 101,033 Addition related to the acquisition of Malibu Electronics 329 — — 329 Effect of foreign currency changes on goodwill (558) — — (558) 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
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) 2023 2022 Definite-lived intangibles: Dealer relationships $ 131,725 $ 131,806 15-20 15.6 Patent 2,600 2,600 15 9.0 Trade name 100 100 15 7.0 Non-compete agreement 46 48 10 1.3 Total 134,471 134,554 Less: Accumulated amortization (31,213) (24,450) Total definite-lived intangible assets, net 103,258 110,104 Indefinite-lived intangible: Trade names 118,200 118,200 Total other intangible assets $ 221,458 $ 228,304
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) 2023 2022 Definite-lived intangibles: Dealer relationships $ 131,725 $ 131,806 15-20 15.6 Patent 2,600 2,600 15 9.0 Trade name 100 100 15 7.0 Non-compete agreement 46 48 10 1.3 Total 134,471 134,554 Less: Accumulated amortization (31,213) (24,450) Total definite-lived intangible assets, net 103,258 110,104 Indefinite-lived intangible: Trade names 118,200 118,200 Total other intangible assets $ 221,458 $ 228,304
Schedule of Future Amortization Expenses	Estimated future amortization expenses as of June 30, 2023 are as follows: Fiscal Year As of June 30, 2023 2024 $ 6,806 2025 6,803 2026 6,802 2027 6,802 2028 6,802 2029 and thereafter 69,243 $ 103,258

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
Accrued Expenses (Tables)	Jun. 30, 2023
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	Accrued expenses consisted of the following: As of June 30, 2023 2022 Warranties $ 41,709 $ 38,673 Dealer incentives 14,996 16,357 Accrued compensation 19,671 21,076 Current operating lease liabilities 2,324 2,121 Litigation settlement 100,000 — Accrued legal and professional fees 1,899 1,939 Customer deposits 4,054 4,851 Other accrued expenses 2,425 2,725 Total accrued expenses $ 187,078 $ 87,742

Product Warranties (Tables)

Product Warranties (Tables)	12 Months Ended
Product Warranties (Tables)	Jun. 30, 2023
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, 2023 2022 2021 Beginning balance $ 38,673 $ 35,035 $ 27,500 Add: Warranty Expense 24,812 21,280 21,973 Additions for Maverick Boat Group acquisition — — 883 Less: Warranty claims paid (21,776) (17,642) (15,321) Ending balance $ 41,709 $ 38,673 $ 35,035

Financing (Tables)

Financing (Tables)	12 Months Ended
Financing (Tables)	Jun. 30, 2023
Debt Disclosure [Abstract]
Schedule of Outstanding Debt	Outstanding debt consisted of the following: As of June 30, 2023 2022 Term loan $ — $ 23,125 Revolving credit loan — 97,000 Less unamortized debt issuance costs — (508) Total debt — 119,617 Less current maturities — 1,563 Long term debt less current maturities $ — $ 118,054

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Jun. 30, 2023
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 2023 2022 Assets Right-of-use assets Other assets $ 8,808 $ 10,659 Liabilities Current operating lease liabilities Accrued expenses $ 2,324 $ 2,121 Long-term operating lease liabilities Other liabilities 7,843 10,062 Total lease liabilities $ 10,167 $ 12,183
Schedule of Lease, Cost	Fiscal Year Ended June 30, Classification 2023 2022 2021 Operating lease costs (1) Cost of sales $ 2,686 $ 2,611 $ 2,170 Selling and marketing, and general and administrative 878 857 854 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 2,555 2,517 2,617 (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, 2023 are as follows: Amount 2024 $ 2,649 2025 2,347 2026 2,255 2027 2,255 2028 1,504 2029 and thereafter — Total 11,010 Less imputed interest (843) Present value of lease liabilities $ 10,167

Tax Receivable Agreement Liab_2

Tax Receivable Agreement Liability (Tables)	12 Months Ended
Tax Receivable Agreement Liability (Tables)	Jun. 30, 2023
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, 2023 2022 Beginning balance $ 45,541 $ 48,214 Additions (reductions) to tax receivable agreement: Exchange of LLC Units for Class A Common Stock 1,710 — Adjustment for change in estimated state tax rate or benefits 188 1,025 Payment under tax receivable agreement (3,974) (3,698) 43,465 45,541 Less current portion under tax receivable agreement (4,111) (3,958) Ending balance $ 39,354 $ 41,583

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The components of provision for income taxes are as follows: Fiscal Year Ended June 30, 2023 2022 2021 Current tax expense: Federal $ 39,462 $ 33,689 $ 21,737 State 9,071 6,632 4,014 Foreign 1,331 1,532 1,284 Total current 49,864 41,853 27,035 Deferred tax expense: Federal (14,230) 4,661 6,147 State (2,019) 94 899 Foreign (34) (73) (102) Total deferred (16,283) 4,682 6,944 Income tax expense $ 33,581 $ 46,535 $ 33,979
Schedule of Effective Income Tax Rate Reconciliation	The income tax expense differs from the amount computed by applying the federal statutory income tax rate to income from continuing operations before income taxes. The sources and tax effects of the differences are as follows: Fiscal Year Ended June 30, 2023 2022 2021 Federal tax provision at statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal benefit 3.5 2.8 2.9 Permanent differences attributable to partnership investment (0.5) (1.0) (0.3) Non-controlling interest (0.5) (0.6) (0.7) Other, net 0.2 — — Total income tax expense on continuing operations 23.7 % 22.2 % 22.9 %
Schedule of Deferred Tax Assets and Liabilities	The components of the Company's net deferred income tax assets and liabilities at June 30, 2023 and 2022 are as follows: As of June 30, 2023 2022 Deferred tax assets: Partnership basis differences $ 69,193 $ 49,740 Accrued liabilities and reserves 1,436 955 State tax credits and NOLs 8,922 7,178 Foreign tax credits 580 580 Other 381 336 Less valuation allowance (16,876) (15,633) Total deferred tax assets 63,636 43,156 Deferred tax liabilities: Fixed assets and intangibles 29,495 27,754 Other 21 53 Total deferred tax liabilities 29,516 27,807 Total net deferred tax assets $ 34,120 $ 15,349
Schedule of Unrecognized Tax Benefits	A reconciliation of changes in the amount of unrecognized tax benefits for the fiscal years ended June 30, 2023, 2022 and 2021 is as follows: Fiscal Year Ended June 30, 2023 2022 2021 Balance as of July 1 $ 1,472 $ 1,452 $ 1,445 Additions based on tax positions taken during the current period 363 314 304 Reductions for settlements with taxing authorities — — (250) Reductions due to statute settlements (156) (286) (50) Additions (reductions) for tax positions of prior years 39 (8) 3 Balance as of June 30 $ 1,718 $ 1,472 $ 1,452

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
Stock-Based Compensation (Tables)	Jun. 30, 2023
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, 2023 2022 2021 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 49,223 $ 40.46 161,723 $ 32.64 173,348 $ 32.61 Options granted — — — — — — Options exercised (31,250) 42.13 (112,500) 29.22 (11,625) 32.24 Outstanding options at end of year 17,973 $ 37.55 49,223 $ 40.46 161,723 $ 32.64 Exercisable at end of year 17,973 $ 37.55 31,730 $ 40.26 111,737 $ 30.32
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, 2023 2022 2021 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 369,649 $ 55.75 314,916 $ 44.46 277,696 $ 35.43 Granted 214,172 52.30 164,290 70.74 141,642 54.96 Vested (180,898) 46.49 (100,441) 44.82 (93,492) 32.88 Forfeited (78,099) 58.45 (9,116) 56.41 (10,930) 50.24 Total Non-vested Restricted Stock Units and Restricted Stock Awards at end of year 324,824 $ 57.98 369,649 $ 55.75 314,916 $ 44.46

Net Earnings Per Share (Tables)

Net Earnings Per Share (Tables)	12 Months Ended
Net Earnings Per Share (Tables)	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Net Income Per Share	Basic and diluted net income per share of Class A Common Stock has been computed as follows (in thousands, except share and per share amounts): Fiscal Year Ended June 30, 2023 2022 2021 Basic: Net income attributable to Malibu Boats, Inc. $ 104,513 $ 157,632 $ 109,841 Shares used in computing basic net income per share: Weighted-average Class A Common Stock 20,245,980 20,511,571 20,528,723 Weighted-average participating restricted stock units convertible into Class A Common Stock 255,864 237,666 223,929 Basic weighted-average shares outstanding 20,501,844 20,749,237 20,752,652 Basic net income per share $ 5.10 $ 7.60 $ 5.29 Diluted: Net income attributable to Malibu Boats, Inc. $ 104,513 $ 157,632 $ 109,841 Shares used in computing diluted net income per share: Basic weighted-average shares outstanding 20,501,844 20,749,237 20,752,652 Restricted stock units granted to employees 66,954 116,874 123,179 Weighted-average stock options convertible into Class A Common Stock 12,707 47,525 76,844 Weighted-average market performance awards convertible into Class A Common Stock 59,668 72,620 58,412 Diluted weighted-average shares outstanding 1 20,641,173 20,986,256 21,011,087 Diluted net income per share $ 5.06 $ 7.51 $ 5.23

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
Segment Reporting (Tables)	Jun. 30, 2023
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, 2023, 2022, and 2021. 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 Fiscal Year Ended June 30, 2021 Malibu Saltwater Fishing 1 Cobalt Total Net sales $ 483,525 $ 242,914 $ 200,076 $ 926,515 Depreciation and amortization 9,397 7,682 5,812 22,891 Net income before provision for income taxes 88,511 35,079 24,671 148,261 Capital expenditures 11,269 9,962 9,446 30,677 Long-lived assets 52,533 291,960 124,816 469,309 Total assets $ 211,510 $ 360,481 $ 170,793 $ 742,784 1 Represents the results of Maverick Boat Group since the acquisition on December 31, 2020.

Quarterly Financial Reporting_2

Quarterly Financial Reporting (Unaudited) (Tables)	12 Months Ended
Quarterly Financial Reporting (Unaudited) (Tables)	Jun. 30, 2023
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	Quarter Ended Fiscal Year Ended June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 Net sales $ 372,303 $ 375,119 $ 338,732 $ 302,211 $ 1,388,365 Gross profit 102,462 98,574 75,654 74,605 351,295 Operating (loss) income (22,646) 70,263 48,684 48,483 144,784 Net (loss) income (18,043) 53,452 36,396 36,105 107,910 Net (loss) income attributable to non-controlling interest (623) 1,564 1,234 1,222 3,397 Net (loss) income attributable to Malibu Boats, Inc. $ (17,420) $ 51,888 $ 35,162 $ 34,883 $ 104,513 Basic net (loss) income per share $ (0.86) $ 2.53 $ 1.73 $ 1.70 $ 5.10 Diluted net (loss) income per share $ (0.86) $ 2.51 $ 1.72 $ 1.69 $ 5.06 Quarter Ended Fiscal Year Ended June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 Net sales $ 353,206 $ 344,287 $ 263,887 $ 253,497 $ 1,214,877 Gross profit 89,627 97,121 63,551 59,752 310,051 Operating income 65,411 71,537 40,187 36,688 213,823 Net income 49,685 54,833 30,979 27,933 163,430 Net income income attributable to non-controlling interest 1,766 1,955 1,088 989 5,798 Net income attributable to Malibu Boats, Inc. $ 47,919 $ 52,878 $ 29,891 $ 26,944 $ 157,632 Basic net income per share $ 2.34 $ 2.54 $ 1.43 $ 1.29 $ 7.60 Diluted net income per share $ 2.31 $ 2.51 $ 1.41 $ 1.28 $ 7.51

Organization, Basis of Presen_4

Organization, Basis of Presentation, and Summary of Significant Accounting Policies - Narrative (Details)	12 Months Ended
	Jun. 30, 2023 USD ($) segment brand financialInstitution	Jun. 30, 2022 USD ($) financialInstitution	Jun. 30, 2021 USD ($)	Jun. 30, 2020 segment
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Number of brands \| brand	8
Number of reportable segments \| segment	3			3
Number of financial institutions \| financialInstitution	2	2
Allowance for doubtful accounts receivable, current	$ 0	$ 0
Impairment related to goodwill	0	0	$ 0
Impairment of intangible assets	$ 0	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
Non-compete agreement
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Estimated useful life (in years)	10 years
Minimum
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Estimated useful life (in years)	5 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)	41.10%	39.90%	38.70%
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)	17.20%	16.80%	16.30%
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)	10.70%	9.40%	7.30%
Pursuit and Maverick Boat Group, Inc.
Organization, Basis of Presentation and Summary of Significant Accounting Policies [Line Items]
Number of reportable segments after aggregation \| segment	1

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, 2023	Jun. 30, 2022	Jun. 30, 2021
Dealer Rebate Accrual [Roll Forward]
Balance at beginning of year	$ 15,852	$ 11,666	$ 6,865
Add: Dealer rebate incentives	32,953	35,210	28,629
Additions for acquisitions	0	0	219
Less: Dealer rebates paid	(35,090)	(31,024)	(24,047)
Balance at end of year	$ 13,715	$ 15,852	$ 11,666

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, 2023	Jun. 30, 2022	Jun. 30, 2021
Floor Financing Accrual [Roll Forward]
Balance at beginning of year	$ 187	$ 121	$ 719
Add: Flooring incentives	13,926	3,717	4,157
Additions for acquisitions	0	0	30
Less: Flooring paid	(12,979)	(3,651)	(4,785)
Balance at end of year	$ 1,134	$ 187	$ 121

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
Revenue Recognition (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Net sales	$ 372,303	$ 375,119	$ 338,732	$ 302,211	$ 353,206	$ 344,287	$ 263,887	$ 253,497	$ 1,388,365	$ 1,214,877	$ 926,515
North America
Disaggregation of Revenue [Line Items]
Net sales									1,314,876	1,139,454	860,817
International
Disaggregation of Revenue [Line Items]
Net sales									73,489	75,423	65,698
Malibu
Disaggregation of Revenue [Line Items]
Net sales									636,247	607,543	483,525
Malibu \| North America
Disaggregation of Revenue [Line Items]
Net sales									582,092	548,826	434,660
Malibu \| International
Disaggregation of Revenue [Line Items]
Net sales									54,155	58,717	48,865
Saltwater Fishing
Disaggregation of Revenue [Line Items]
Net sales									449,156	341,930	242,914
Saltwater Fishing \| North America
Disaggregation of Revenue [Line Items]
Net sales									440,449	336,816	234,680
Saltwater Fishing \| International
Disaggregation of Revenue [Line Items]
Net sales									8,707	5,114	8,234
Cobalt
Disaggregation of Revenue [Line Items]
Net sales									302,962	265,404	200,076
Cobalt \| North America
Disaggregation of Revenue [Line Items]
Net sales									292,335	253,812	191,477
Cobalt \| International
Disaggregation of Revenue [Line Items]
Net sales									10,627	11,592	8,599
Boat and trailer sales
Disaggregation of Revenue [Line Items]
Net sales									1,364,616	1,193,463	903,142
Boat and trailer sales \| Malibu
Disaggregation of Revenue [Line Items]
Net sales									618,001	590,059	464,738
Boat and trailer sales \| Saltwater Fishing
Disaggregation of Revenue [Line Items]
Net sales									447,587	340,725	241,750
Boat and trailer sales \| Cobalt
Disaggregation of Revenue [Line Items]
Net sales									299,028	262,679	196,654
Part and other sales
Disaggregation of Revenue [Line Items]
Net sales									23,749	21,414	23,373
Part and other sales \| Malibu
Disaggregation of Revenue [Line Items]
Net sales									18,246	17,484	18,787
Part and other sales \| Saltwater Fishing
Disaggregation of Revenue [Line Items]
Net sales									1,569	1,205	1,164
Part and other sales \| Cobalt
Disaggregation of Revenue [Line Items]
Net sales									$ 3,934	$ 2,725	$ 3,422

Non-controlling Interest - Owne

Non-controlling Interest - Ownership (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Noncontrolling Interest [Roll Forward]
Beginning balance				$ 10,394				$ 7,726	$ 10,394	$ 7,726
Allocation of income to non-controlling LLC Unit holders for period	$ (623)	$ 1,564	$ 1,234	$ 1,222	$ 1,766	$ 1,955	$ 1,088	$ 989	3,397	5,798	$ 4,441
Distributions paid and payable to non-controlling LLC Unit holders for period									(3,131)	(3,076)
Reallocation of non-controlling interest									(2,789)	(54)
Ending balance	$ 7,871				$ 10,394				$ 7,871	$ 10,394	$ 7,726
Malibu Boats Holdings LLC
Noncontrolling Interest [Line Items]
Units (in shares)	21,059,741				21,102,000				21,059,741	21,102,000
Ownership (as a percent)	100%				100%				100%	100%
Malibu Boats Holdings LLC \| Non-controlling LLC unit holders ownership in Malibu Boats Holdings, LLC
Noncontrolling Interest [Line Items]
Units (in shares)	455,919				600,919				455,919	600,919
Ownership (as a percent)	2.20%				2.80%				2.20%	2.80%
Malibu Boats Holdings LLC \| Malibu Boats, Inc. ownership in Malibu Boats Holdings, LLC
Noncontrolling Interest [Line Items]
Units (in shares)	20,603,822				20,501,081				20,603,822	20,501,081
Ownership (as a percent)	97.80%				97.20%				97.80%	97.20%

Non-controlling Interest - Narr

Non-controlling Interest - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Noncontrolling Interest [Line Items]
Cancelled shares due to vesting of employee awards (in shares)	38,598
Cancelled shares in connection with the vesting of stock awards with a market condition (in shares)	3,406
Cancelled shares in connection with the forfeiture of stock awards with a market condition (in shares)	57,866
Treasury stock, shares, retired (in shares)	99,870
Tax distributions payable to non-controlling LLC Unit holders	$ 776	$ 1,045	$ 687
Non-controlling Interest in LLC
Noncontrolling Interest [Line Items]
Tax distributions payable to non-controlling LLC Unit holders	776	1,045
Distribution paid to noncontrolling interests	$ 3,401	$ 2,717	$ 1,758
Repurchase Agreements
Noncontrolling Interest [Line Items]
Stock repurchased during period (in shares)	143,759
Class A Common Stock
Noncontrolling Interest [Line Items]
Shares issued during period (in shares)	346,370

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - USD ($) $ in Thousands		12 Months Ended
Acquisitions - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Jun. 30, 2021	Jun. 30, 2023	Jun. 30, 2022
Business Acquisition [Line Items]
Goodwill		$ 101,033	$ 100,577	$ 100,804
Maverick Boat Group, Inc.
Business Acquisition [Line Items]
Business combination, consideration transferred	$ 150,675
Goodwill	$ 49,189
Acquisition-related costs		$ 2,648
Maverick Boat Group, Inc. \| Dealer relationships
Business Acquisition [Line Items]
Estimated useful life (in years)	17 years 6 months
Acquired finite-lived intangible assets, weighted average useful life (in years)	20 years

Acquisitions - Estimated Fair V

Acquisitions - Estimated Fair Value of the Assets Acquired and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Recognized amounts of identifiable assets acquired and (liabilities assumed), at fair value:
Goodwill		$ 100,577	$ 100,804	$ 101,033
Maverick Boat Group, Inc.
Business Acquisition [Line Items]
Cash consideration paid	$ 150,675
Recognized amounts of identifiable assets acquired and (liabilities assumed), at fair value:
Cash	248
Accounts receivable	3,204
Inventories	7,756
Other current assets	194
Property, plant and equipment	22,618
Identifiable intangible assets	102,600
Other assets	4,410
Current liabilities	(6,611)
Deferred tax liabilities	(28,528)
Other liabilities	(4,405)
Fair value of assets acquired and liabilities assumed	101,486
Goodwill	49,189
Total purchase price	$ 150,675

Acquisitions - Intangible Asset

Acquisitions - Intangible Assets Acquired (Details) - Maverick Boat Group, Inc. $ in Thousands	Dec. 31, 2020 USD ($)
Business Acquisition [Line Items]
Definite-lived intangible	$ 47,900
Total other intangible assets	102,600
Trade name
Business Acquisition [Line Items]
Indefinite-lived intangible	54,700
Dealer relationships
Business Acquisition [Line Items]
Definite-lived intangible	$ 47,900
Estimated Useful Life (in years)	20 years

Acquisitions - Pro Forma (Detai

Acquisitions - Pro Forma (Details) - Maverick Boat Group, Inc. - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Business Acquisition [Line Items]
Net sales	$ 1,388,365	$ 1,214,877	$ 982,535
Net income	107,910	163,430	116,598
Net income attributable to Malibu Boats, Inc.	$ 104,513	$ 157,632	$ 112,104
Basic earnings per share (in dollars per share)	$ 5.10	$ 7.60	$ 5.40
Diluted earnings per share (in dollars per share)	$ 5.06	$ 7.51	$ 5.34

Inventories, net (Details)

Inventories, net (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 142,948	$ 129,233
Work in progress	19,222	20,929
Finished goods	9,019	6,840
Total inventories	$ 171,189	$ 157,002

Property, Plant, and Equipmen_3

Property, Plant, and Equipment, net - Useful Life (Details)	Jun. 30, 2023
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, 2023	Jun. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Impairment charges	$ 0	$ 0	$ 0
Depreciation expenses	$ 21,912,000	$ 19,365,000	$ 15,636,000

Property, Plant, and Equipmen_5

Property, Plant, and Equipment, net - Schedule of Property, Plant And Equipment, net (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 287,745	$ 232,061
Less accumulated depreciation	(82,953)	(61,343)
Property, plant and equipment, net	204,792	170,718
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	4,905	4,905
Building and leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	119,324	81,030
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	103,362	82,469
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	12,672	10,805
Construction in process
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 47,482	$ 52,852

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets, net - Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 100,804	$ 101,033
Addition related to the acquisition of Malibu Electronics		329
Effect of foreign currency changes on goodwill	(227)	(558)
Goodwill, ending balance	100,577	100,804
Malibu
Goodwill [Roll Forward]
Goodwill, beginning balance	12,299	12,528
Addition related to the acquisition of Malibu Electronics		329
Effect of foreign currency changes on goodwill	(227)	(558)
Goodwill, ending balance	12,072	12,299
Saltwater Fishing
Goodwill [Roll Forward]
Goodwill, beginning balance	68,714	68,714
Addition related to the acquisition of Malibu Electronics		0
Effect of foreign currency changes on goodwill	0	0
Goodwill, ending balance	68,714	68,714
Cobalt
Goodwill [Roll Forward]
Goodwill, beginning balance	19,791	19,791
Addition related to the acquisition of Malibu Electronics		0
Effect of foreign currency changes on goodwill	0	0
Goodwill, ending balance	$ 19,791	$ 19,791

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets, net - Components of Other Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Definite-lived intangibles:
Gross carrying amount	$ 134,471	$ 134,554
Less: Accumulated amortization	(31,213)	(24,450)
Total definite-lived intangible assets, net	103,258	110,104
Indefinite-lived intangible:
Total other intangible assets	221,458	228,304
Trade name
Indefinite-lived intangible:
Trade names	$ 118,200	118,200
Minimum
Definite-lived intangibles:
Estimated Useful Life (in years)	5 years
Maximum
Definite-lived intangibles:
Estimated Useful Life (in years)	20 years
Dealer relationships
Definite-lived intangibles:
Gross carrying amount	$ 131,725	131,806
Weighted Average Remaining Useful Life (in years)	15 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
Weighted Average Remaining Useful Life (in years)	9 years
Patent \| Maximum
Definite-lived intangibles:
Estimated Useful Life (in years)	15 years
Trade name
Definite-lived intangibles:
Gross carrying amount	$ 100	100
Estimated Useful Life (in years)	15 years
Weighted Average Remaining Useful Life (in years)	7 years
Non-compete agreement
Definite-lived intangibles:
Gross carrying amount	$ 46	$ 48
Estimated Useful Life (in years)	10 years
Weighted Average Remaining Useful Life (in years)	1 year 3 months 18 days

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets, net - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 6,808	$ 6,957	$ 7,255

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets, net - Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 6,806
2025	6,803
2026	6,802
2027	6,802
2028	6,802
2029 and thereafter	69,243
Total definite-lived intangible assets, net	$ 103,258	$ 110,104

Accrued Expenses- Schedule of A

Accrued Expenses- Schedule of Accrued Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Payables and Accruals [Abstract]
Warranties	$ 41,709	$ 38,673
Dealer incentives	14,996	16,357
Accrued compensation	19,671	21,076
Current operating lease liabilities	2,324	2,121
Litigation settlement	100,000	0
Accrued legal and professional fees	1,899	1,939
Customer deposits	4,054	4,851
Other accrued expenses	2,425	2,725
Total accrued expenses	$ 187,078	$ 87,742

Accrued Expenses- Narrative (De

Accrued Expenses- Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Loss Contingencies [Line Items]
Litigation settlement	$ 100,000	$ 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
Product Warranties - Narrative (Details) - hour	Jun. 30, 2023	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Product Warranty Liability [Line Items]
Standard product warranty, period, four (in years)	4 years
Standard product warranty, period, five (in years)	5 years
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
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
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
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, 2023	Jun. 30, 2022	Jun. 30, 2021
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 38,673	$ 35,035	$ 27,500
Add: Warranty Expense	24,812	21,280	21,973
Additions for Maverick Boat Group acquisition	0	0	883
Less: Warranty claims paid	(21,776)	(17,642)	(15,321)
Ending balance	$ 41,709	$ 38,673	$ 35,035

Financing - Schedule of Debt (D

Financing - Schedule of Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Line of Credit Facility [Line Items]
Less unamortized debt issuance costs	$ 0	$ (508)
Total debt	0	119,617
Less current maturities	0	1,563
Long term debt less current maturities	0	118,054
Term loan \| Credit Agreement
Line of Credit Facility [Line Items]
Gross debt	0	23,125
Line of credit \| Credit Agreement \| Revolving Credit
Line of Credit Facility [Line Items]
Gross debt	$ 0	$ 97,000

Financing- Narrative (Details)

Financing- Narrative (Details) - USD ($)	Jul. 08, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2020
Line of Credit Facility [Line Items]
Interest rate (as a percent)		6.56%
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 Effective Swap 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	$ 97,000,000

Leases - Narrative (Details)

Leases - Narrative (Details)	Jun. 30, 2023	Jun. 30, 2022
Leases [Abstract]
Weighted average remaining lease term (in years)	4 years 7 months 6 days	5 years 6 months 10 days
Weighted average discount rate (as a percent)	3.67%	3.63%

Leases - Assets And Liabilities

Leases - Assets And Liabilities, Lessee (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Assets
Right-of-use assets	$ 8,808	$ 10,659
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Liabilities
Current operating lease liabilities	$ 2,324	$ 2,121
Long-term operating lease liabilities	7,843	10,062
Total lease liabilities	$ 10,167	$ 12,183
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
Leases - Lease Cost (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Operating Leased Assets [Line Items]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 2,555	$ 2,517	$ 2,617
Cost of sales
Operating Leased Assets [Line Items]
Operating lease costs	2,686	2,611	2,170
Selling and marketing, and general and administrative
Operating Leased Assets [Line Items]
Operating lease costs	878	857	854
Other expense (income), net
Operating Leased Assets [Line Items]
Sublease income	$ (38)	$ (38)	$ (38)

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments for Operating Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2024	$ 2,649
2025	2,347
2026	2,255
2027	2,255
2028	1,504
2029 and thereafter	0
Total	11,010
Less imputed interest	(843)
Present value of lease liabilities	$ 10,167	$ 12,183

Tax Receivable Agreement Liab_3

Tax Receivable Agreement Liability - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
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	$ 118,148	$ 115,952
Period of next annual payment (in days)	75 days

Tax Receivable Agreement Liab_4

Tax Receivable Agreement Liability - Tax Agreement Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Tax Receivable Agreement [Roll Forward]
Beginning balance	$ 45,541	$ 48,214
Additions (reductions) to tax receivable agreement:
Exchange of LLC Units for Class A Common Stock	1,710	0
Adjustment for change in estimated state tax rate or benefits	188	1,025	$ (88)
Payment under tax receivable agreement	(3,974)	(3,698)	(3,505)
Ending balance	43,465	45,541	$ 48,214
Less current portion under tax receivable agreement	(4,111)	(3,958)
Ending balance	$ 39,354	$ 41,583

Income Taxes - Income Tax Provi

Income Taxes - Income Tax Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Current tax expense:
Federal	$ 39,462	$ 33,689	$ 21,737
State	9,071	6,632	4,014
Foreign	1,331	1,532	1,284
Total current	49,864	41,853	27,035
Deferred tax expense:
Federal	(14,230)	4,661	6,147
State	(2,019)	94	899
Foreign	(34)	(73)	(102)
Total deferred	(16,283)	4,682	6,944
Income tax expense	$ 33,581	$ 46,535	$ 33,979

Income Taxes - Income Tax Recon

Income Taxes - Income Tax Reconciliation (Details)	12 Months Ended
Income Taxes - Income Tax Reconciliation (Details)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Federal tax provision at statutory rate	21%	21%	21%
State income taxes, net of federal benefit	3.50%	2.80%	2.90%
Permanent differences attributable to partnership investment	(0.50%)	(1.00%)	(0.30%)
Non-controlling interest	(0.50%)	(0.60%)	(0.70%)
Other, net	0.20%	0%	0%
Total income tax expense on continuing operations	23.70%	22.20%	22.90%

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets/Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Deferred tax assets:
Partnership basis differences	$ 69,193	$ 49,740
Accrued liabilities and reserves	1,436	955
State tax credits and NOLs	8,922	7,178
Foreign tax credits	580	580
Other	381	336
Less valuation allowance	(16,876)	(15,633)
Total deferred tax assets	63,636	43,156
Deferred tax liabilities:
Fixed assets and intangibles	29,495	27,754
Other	21	53
Total deferred tax liabilities	29,516	27,807
Total net deferred tax assets	$ 34,120	$ 15,349

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Income Tax Contingency [Line Items]
Valuation allowance	$ 16,876	$ 15,633
Period of net operating loss carryover (in years)	15 years	15 years
Reduction in uncertain tax positions due to statute settlements	$ 156	$ 286	$ 50
Additions based on tax positions taken during the current period	363	314	$ 304
Expected decrease in unrecognized tax benefits, next 12 months	130
Unrecognized tax benefits that would impact effective tax rate	1,423
Accrued interest related to unrecognized tax benefits	324
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	$ 363

Income Taxes - Unrecognized Tax

Income Taxes - Unrecognized Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 1,472	$ 1,452	$ 1,445
Additions based on tax positions taken during the current period	363	314	304
Reductions for settlements with taxing authorities	0	0	(250)
Reductions due to statute settlements	(156)	(286)	(50)
Additions (reductions) for tax positions of prior years	39		3
Additions (reductions) for tax positions of prior years		(8)
Ending balance	$ 1,718	$ 1,472	$ 1,452

Stockholder's Equity (Details)

Stockholder's Equity (Details)		12 Months Ended
Stockholder's Equity (Details)	Aug. 27, 2020 USD ($) shares	Jun. 30, 2023 USD ($) numberOfUnitHolder entity vote $ / shares shares	Jun. 30, 2022 numberOfUnitHolder $ / shares shares	Jun. 30, 2021 numberOfUnitHolder shares	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)		99,870
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)		21,059,741	21,102,000
Ownership (as a percent)		100%	100%
Malibu Boats Holdings LLC \| Parent
Class of Stock [Line Items]
Number of LLC units outstanding (in shares)		20,603,822	20,501,081
Ownership (as a percent)		97.80%	97.20%
Malibu Boats Holdings LLC \| Non-controlling Interest in LLC
Class of Stock [Line Items]
Number of LLC units outstanding (in shares)		455,919	600,919
Ownership (as a percent)		2.20%	2.80%
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		2	0	9
Common stock, shares, outstanding (in shares)		20,603,822	20,501,081
Common stock, shares issued (in shares)		20,603,822	20,501,081
Stock repurchased during period (in Shares)		346,370
Number of votes \| vote		1
Class A Common Stock \| Fiscal 2021 Repurchase Program
Class of Stock [Line Items]
Stock repurchase program, authorized amount \| $	$ 50,000,000
Stock repurchased and retired during period (in shares)	0
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			$ 100,000,000
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	5
Common stock, shares, outstanding (in shares)		12	10	10
Common stock, shares issued (in shares)		12	10	10
Number of shares issued		2

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands						12 Months Ended
	May 12, 2023	Nov. 03, 2022	May 06, 2022	Nov. 03, 2021	Nov. 03, 2020	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021	Jan. 06, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash paid for tax withholdings						$ 3,135	$ 2,058	$ 1,208
Common Stock \| Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuances of equity for services (in shares)						2,000	1,000	1,000
Restricted Stock Unit and Restricted Stock Award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeited (in shares)						78,099	9,116	10,930
Grants in period (in shares)						214,172	164,290	141,642
Share-based compensation, incentive stock awards, weighted average grant date fair value (in dollars per share)						$ 52.30	$ 70.74	$ 54.96
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)						400,825
Weighted average contractual term exercisable (in years)						1 year 6 months 14 days
Weighted average contractual term outstanding (in years)						1 year 6 months 14 days
Intrinsic value of options exercised						$ 557	$ 3,751	$ 322
Intrinsic value exercisable						379
Intrinsic value outstanding						379
Stock compensation expense						5,894	6,342	5,581
Cash paid for tax withholdings						$ 3,135	$ 2,058	$ 1,208
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)						2,105	1,481	1,376
Long-Term Incentive Plan \| Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants in period (in shares)		61,000	27,000	32,000	33,000
Grants in period			$ 1,376
Stock price (in dollars per share)			$ 51.89
Award vesting period (in years)			3 years
Issuances of equity for services (in shares)						20,643	14,258	13,624
Share-based compensation, incentive stock awards, weighted average grant date fair value (in dollars per share)						$ 52.45	$ 72.42	$ 55.61
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		23,000	25,000
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		$ 5,028		$ 4,149	$ 3,145
Stock price (in dollars per share)		$ 52.25		$ 74.25	$ 54.47
Unrecognized compensation cost						$ 10,107
Weighted average remaining contractual terms (in years)						2 years 1 month 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)		64%		58%	58%
Award vesting period (in 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)		36%		42%	42%
Award vesting period (in 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		18,000	18,000
Grants in period		$ 1,380		$ 1,305	$ 1,002
Stock price (in dollars per share)		$ 52.25		$ 74.25	$ 54.47
Maximum number of shares available for issue if target is met		32,000		22,000	21,000
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		18,000	18,000
Grants in period		$ 1,808		$ 1,688	$ 1,293
Maximum number of shares available for issue if target is met		43,000		29,000	28,000
Long-Term Incentive Plan \| Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares withheld (in shares)						54,909	27,420	21,081

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Options (Details) - $ / shares	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Shares
Outstanding options at beginning of year (in shares)	49,223	161,723	173,348
Options granted (in shares)	0	0	0
Options exercised (in shares)	(31,250)	(112,500)	(11,625)
Outstanding options at end of year (in shares)	17,973	49,223	161,723
Exercisable at end of year (in shares)	17,973	31,730	111,737
Weighted Average Exercise Price/Share
Outstanding options at beginning of year (in dollars per share)	$ 40.46	$ 32.64	$ 32.61
Options granted (in dollars per share)	0	0	0
Options exercised (in dollars per share)	42.13	29.22	32.24
Outstanding options at end of year (in dollars per share)	37.55	40.46	32.64
Exercisable at end of year (in dollars per share)	$ 37.55	$ 40.26	$ 30.32

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, 2023	Jun. 30, 2022	Jun. 30, 2021
Number of Restricted Stock Units and Restricted Stock Awards Outstanding
Total Non-vested at beginning of year (in shares)	369,649	314,916	277,696
Granted (in shares)	214,172	164,290	141,642
Vested (in shares)	(180,898)	(100,441)	(93,492)
Forfeited (in shares)	(78,099)	(9,116)	(10,930)
Total Non-vested at end of year (in shares)	324,824	369,649	314,916
Weighted Average Grant Date Fair Value
Total Non-vested at beginning of year (in dollars per share)	$ 55.75	$ 44.46	$ 35.43
Granted (in dollars per share)	52.30	70.74	54.96
Vested (in dollars per share)	46.49	44.82	32.88
Forfeited (in dollars per share)	58.45	56.41	50.24
Total Non-vested at beginning of year (in dollars per share)	$ 57.98	$ 55.75	$ 44.46

Net Earnings Per Share (Details

Net Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Basic:
Net income attributable to Malibu Boats, Inc.	$ (17,420)	$ 51,888	$ 35,162	$ 34,883	$ 47,919	$ 52,878	$ 29,891	$ 26,944	$ 104,513	$ 157,632	$ 109,841
Shares used in computing basic net income per share:
Basic weighted-average shares outstanding (in shares)									20,501,844	20,749,237	20,752,652
Basic net income per share (in dollars per share)	$ (0.86)	$ 2.53	$ 1.73	$ 1.70	$ 2.34	$ 2.54	$ 1.43	$ 1.29	$ 5.10	$ 7.60	$ 5.29
Diluted:
Net income attributable to Malibu Boats, Inc.	$ (17,420)	$ 51,888	$ 35,162	$ 34,883	$ 47,919	$ 52,878	$ 29,891	$ 26,944	$ 104,513	$ 157,632	$ 109,841
Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding (in shares)									20,501,844	20,749,237	20,752,652
Diluted weighted-average shares outstanding (in shares)									20,641,173	20,986,256	21,011,087
Diluted net income per share (in dollars per share)	$ (0.86)	$ 2.51	$ 1.72	$ 1.69	$ 2.31	$ 2.51	$ 1.41	$ 1.28	$ 5.06	$ 7.51	$ 5.23
Antidilutive securities (in shares)									516,205	686,178	685,271
Restricted Stock Units (RSUs)
Shares used in computing basic net income per share:
Basic weighted-average shares outstanding (in shares)									255,864	237,666	223,929
Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding (in shares)									255,864	237,666	223,929
Awards granted to employees (in shares)									66,954	116,874	123,179
Stock Options
Shares used in computing diluted net income per share:
Awards granted to employees (in shares)									12,707	47,525	76,844
Performance Awards
Shares used in computing diluted net income per share:
Awards granted to employees (in shares)									59,668	72,620	58,412
Class A Common Stock
Shares used in computing basic net income per share:
Basic weighted-average shares outstanding (in shares)									20,245,980	20,511,571	20,528,723
Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding (in shares)									20,245,980	20,511,571	20,528,723

Commitments and Contingencies (

Commitments and Contingencies (Details) unit in Thousands, $ in Thousands				1 Months Ended	12 Months Ended
	Jul. 25, 2023 USD ($)	Mar. 28, 2023 USD ($)	Aug. 28, 2021 USD ($)	Jul. 31, 2023 USD ($)	Jun. 30, 2023 USD ($) unit	Jun. 30, 2022 USD ($) unit	Jun. 30, 2021 USD ($) unit
Loss Contingencies [Line Items]
Floor financing, repurchase obligations					$ 385,448	$ 183,953
Number of repurchase units \| unit					0	0	0
Financing receivables					$ 0	$ 0
Capital expenditures		$ 33,300			54,840	$ 55,064	$ 30,677
Escrow deposit					$ 7,800
Loss contingency, post-judgement interest rate (as a percent)			0.0625
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
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
Subsequent Event
Loss Contingencies [Line Items]
Capital expenditures	$ 25,500
Capital expenditures in accounts payable	$ 15,000
Subsequent Event \| Batchelder et al. v. Malibu Boats, LLC
Loss Contingencies [Line Items]
Litigation settlement, amount paid				$ 100,000
Litigation settlement, escrow account				60,000
Subsequent Event \| Batchelder et al. v. Malibu Boats, LLC \| Batchelder Plaintiffs
Loss Contingencies [Line Items]
Litigation settlement, amount paid				$ 40,000

Related Party Transactions (Det

Related Party Transactions (Details) - Shareholder $ in Thousands	12 Months Ended
	Jun. 30, 2023 USD ($) member	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Related Party Transaction [Line Items]
Number of directors \| member	2
Directors' fees	$ 409	$ 385	$ 315
Prepaid directors' fees	$ 74		$ 74

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details) - segment	12 Months Ended
Segment Reporting - Narrative (Details) - segment	Jun. 30, 2023	Jun. 30, 2020
Segment Reporting [Abstract]
Number of reportable segments	3	3

Segment Reporting - Schedule of

Segment Reporting - Schedule of Segment Reporting Information (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
	Mar. 28, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales		$ 372,303	$ 375,119	$ 338,732	$ 302,211	$ 353,206	$ 344,287	$ 263,887	$ 253,497	$ 1,388,365	$ 1,214,877	$ 926,515
Depreciation and amortization										28,720	26,322	22,891
Net income before provision for income taxes										141,491	209,965	148,261
Capital expenditures	$ 33,300									54,840	55,064	30,677
Long-lived assets		526,827				499,826				526,827	499,826	469,309
Total assets		925,924				851,326				925,924	851,326	742,784
Malibu
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales										636,247	607,543	483,525
Depreciation and amortization										8,974	8,398	9,397
Net income before provision for income taxes										40,157	137,133	88,511
Capital expenditures										27,660	22,072	11,269
Long-lived assets		88,060				68,739				88,060	68,739	52,533
Total assets		249,447				264,551				249,447	264,551	211,510
Saltwater Fishing
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales										449,156	341,930	242,914
Depreciation and amortization										11,918	10,880	7,682
Net income before provision for income taxes										57,748	34,049	35,079
Capital expenditures										22,027	26,806	9,962
Long-lived assets		317,514				307,057				317,514	307,057	291,960
Total assets		432,806				384,684				432,806	384,684	360,481
Cobalt
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales										302,962	265,404	200,076
Depreciation and amortization										7,828	7,044	5,812
Net income before provision for income taxes										43,586	38,783	24,671
Capital expenditures										5,153	6,186	9,446
Long-lived assets		121,253				124,030				121,253	124,030	124,816
Total assets		$ 243,671				$ 202,091				$ 243,671	$ 202,091	$ 170,793

Quarterly Financial Reporting_3

Quarterly Financial Reporting (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 372,303	$ 375,119	$ 338,732	$ 302,211	$ 353,206	$ 344,287	$ 263,887	$ 253,497	$ 1,388,365	$ 1,214,877	$ 926,515
Gross profit	102,462	98,574	75,654	74,605	89,627	97,121	63,551	59,752	351,295	310,051	236,485
Operating (loss) income	(22,646)	70,263	48,684	48,483	65,411	71,537	40,187	36,688	144,784	213,823	149,775
Net (loss) income	(18,043)	53,452	36,396	36,105	49,685	54,833	30,979	27,933	107,910	163,430	114,282
Net (loss) income attributable to non-controlling interest	(623)	1,564	1,234	1,222	1,766	1,955	1,088	989	3,397	5,798	4,441
Net (loss) income attributable to Malibu Boats, Inc.	$ (17,420)	$ 51,888	$ 35,162	$ 34,883	$ 47,919	$ 52,878	$ 29,891	$ 26,944	$ 104,513	$ 157,632	$ 109,841
Basic net (loss) income per share (in dollars per share)	$ (0.86)	$ 2.53	$ 1.73	$ 1.70	$ 2.34	$ 2.54	$ 1.43	$ 1.29	$ 5.10	$ 7.60	$ 5.29
Diluted net (loss) income per share (in dollars per share)	$ (0.86)	$ 2.51	$ 1.72	$ 1.69	$ 2.31	$ 2.51	$ 1.41	$ 1.28	$ 5.06	$ 7.51	$ 5.23

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event - USD ($)			1 Months Ended
Subsequent Events (Details) - Subsequent Event - USD ($)	Aug. 24, 2023	Jul. 07, 2023	Jul. 31, 2023
Subsequent Event [Line Items]
Insurance coverage			$ 26,000,000
Proceeds from insurance coverage	$ 21,000,000
Revolving Credit
Subsequent Event [Line Items]
Proceeds from lines of credit		$ 75,000,000
Remaining borrowing capacity		$ 273,422,000
Amount outstanding	$ 65,000,000
Batchelder et al. v. Malibu Boats, LLC
Subsequent Event [Line Items]
Litigation settlement, amount paid			100,000,000
Litigation settlement, escrow account			60,000,000
Batchelder et al. v. Malibu Boats, LLC \| Batchelder Plaintiffs
Subsequent Event [Line Items]
Litigation settlement, amount paid			$ 40,000,000