Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Class A Common Stock	Class B Common Stock	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Additional Paid In Capital	Accumulated Other Comprehensive Loss	Accumulated Earnings	Non-controlling Interest in LLC
Beginning balance (in shares) at Jun. 30, 2023				20,603,000	12
Beginning balance at Jun. 30, 2023	$ 615,753			$ 204	$ 0	$ 86,321	$ (4,340)	$ 525,697	$ 7,871
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	20,770							20,259	511
Stock based compensation, net of withholding taxes on vested equity awards	1,443					1,443
Issuances of equity for services	47					47
Repurchase and retirement of common stock (in shares)				(199,000)
Repurchase and retirement of common stock	(9,619)			$ (2)		(9,617)
Distributions to LLC Unit holders	(114)								(114)
Foreign currency translation adjustment	(768)						(751)		(17)
Ending balance (in shares) at Sep. 30, 2023				20,404,000	12
Ending balance at Sep. 30, 2023	627,512			$ 202	$ 0	78,194	(5,091)	545,956	8,251
Beginning balance (in shares) at Jun. 30, 2023				20,603,000	12
Beginning balance at Jun. 30, 2023	615,753			$ 204	$ 0	86,321	(4,340)	525,697	7,871
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(36,845)
Ending balance (in shares) at Mar. 31, 2024				20,440,000	12
Ending balance at Mar. 31, 2024	562,289			$ 203	$ 0	72,782	(4,780)	489,006	5,078
Beginning balance (in shares) at Sep. 30, 2023				20,404,000	12
Beginning balance at Sep. 30, 2023	627,512			$ 202	$ 0	78,194	(5,091)	545,956	8,251
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	10,144							9,881	263
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	(1,363)			$ 1		(1,364)
Issuance of equity for services (in shares)				12,000
Issuances of equity for services	1,037					1,037
Repurchase and retirement of common stock (in shares)				(226,000)
Repurchase and retirement of common stock	(10,124)			$ (2)		(10,122)
Foreign currency translation adjustment	1,456						1,427		29
Ending balance (in shares) at Dec. 31, 2023				20,299,000	12
Ending balance at Dec. 31, 2023	628,662			$ 201	$ 0	67,745	(3,664)	555,837	8,543
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(67,759)							(66,831)	(928)
Stock based compensation, net of withholding taxes on vested equity awards (in shares)				6,000
Stock based compensation, net of withholding taxes on vested equity awards	1,796					1,796
Issuances of equity for services	48					48
Increase in payable pursuant to the tax receivable agreement	(1,278)					(1,278)
Increase in deferred tax asset from step-up in tax basis	1,950					1,950
Exchange of LLC Units for Class A Common Stock (in shares)				135,000
Exchange of LLC Units for Class A Common Stock	2			$ 2		2,521			(2,521)
Foreign currency translation adjustment	(1,132)						(1,116)		(16)
Ending balance (in shares) at Mar. 31, 2024				20,440,000	12
Ending balance at Mar. 31, 2024	562,289			$ 203	$ 0	72,782	(4,780)	489,006	5,078
Beginning balance (in shares) at Jun. 30, 2024		20,181,542	12	20,182,000	12
Beginning balance at Jun. 30, 2024	534,719			$ 200	$ 0	64,222	(4,198)	469,785	4,710
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(5,147)							(5,048)	(99)
Stock based compensation, net of withholding taxes on vested equity awards (in shares)				(21,000)
Stock based compensation, net of withholding taxes on vested equity awards	1,869					1,869
Issuances of equity for services	47					47
Repurchase and retirement of common stock (in shares)				(278,000)
Repurchase and retirement of common stock	(10,100)			$ (3)		(10,097)
Foreign currency translation adjustment	983						968		15
Ending balance (in shares) at Sep. 30, 2024				19,883,000	12
Ending balance at Sep. 30, 2024	522,371			$ 197	$ 0	56,041	(3,230)	464,737	4,626
Beginning balance (in shares) at Jun. 30, 2024		20,181,542	12	20,182,000	12
Beginning balance at Jun. 30, 2024	534,719			$ 200	$ 0	64,222	(4,198)	469,785	4,710
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	10,447
Ending balance (in shares) at Mar. 31, 2025		19,356,193	12	19,356,000	12
Ending balance at Mar. 31, 2025	517,936			$ 192	$ 0	38,628	(5,802)	479,990	4,928
Beginning balance (in shares) at Sep. 30, 2024				19,883,000	12
Beginning balance at Sep. 30, 2024	522,371			$ 197	$ 0	56,041	(3,230)	464,737	4,626
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	2,421							2,363	58
Stock based compensation, net of withholding taxes on vested equity awards (in shares)				75,000
Stock based compensation, net of withholding taxes on vested equity awards	1,372			$ 1		1,371
Issuance of equity for services (in shares)				11,000
Issuances of equity for services	927					927
Issuances of equity for exercise of stock options	233					233
Repurchase and retirement of common stock (in shares)				(241,000)
Repurchase and retirement of common stock	(10,099)			$ (2)		(10,097)
Foreign currency translation adjustment	(2,823)						(2,780)		(43)
Ending balance (in shares) at Dec. 31, 2024				19,728,000	12
Ending balance at Dec. 31, 2024	514,402			$ 196	$ 0	48,475	(6,010)	467,100	4,641
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	13,173							12,890	283
Stock based compensation, net of withholding taxes on vested equity awards (in shares)				(93,000)
Stock based compensation, net of withholding taxes on vested equity awards	209			$ (1)		210
Issuances of equity for services	40					40
Repurchase and retirement of common stock (in shares)				(279,000)
Repurchase and retirement of common stock	(10,100)			$ (3)		(10,097)
Foreign currency translation adjustment	212						208		4
Ending balance (in shares) at Mar. 31, 2025		19,356,193	12	19,356,000	12
Ending balance at Mar. 31, 2025	$ 517,936			$ 192	$ 0	$ 38,628	$ (5,802)	$ 479,990	$ 4,928

MALIBU BOATS, INC. 10-Q