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Net Earnings Per Share (Tables)
6 Months Ended
Dec. 31, 2021
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):
Three Months Ended December 31,Six Months Ended December 31,
2021202020212020
Basic:
Net income attributable to Malibu Boats, Inc.$29,891 $21,225 $56,835 $42,318 
Shares used in computing basic net income per share:
Weighted-average Class A Common Stock20,663,227 20,493,938 20,641,925 20,464,902 
Weighted-average participating restricted stock units convertible into Class A Common Stock236,974 223,421 233,166 219,742 
Basic weighted-average shares outstanding20,900,201 20,717,359 20,875,091 20,684,644 
Basic net income per share$1.43 $1.03 $2.72 $2.05 
Diluted:
Net income attributable to Malibu Boats, Inc.$29,891 $21,225 $56,835 $42,318 
Shares used in computing diluted net income per share:
Basic weighted-average shares outstanding20,900,201 20,717,359 20,875,091 20,684,644 
Restricted stock units granted to employees105,143 153,918 112,896 159,058 
Stock options granted to employees72,991 42,361 74,890 43,834 
Market performance awards granted to employees70,536 59,264 70,536 59,264 
Diluted weighted-average shares outstanding 1
21,148,871 20,972,902 21,133,413 20,946,800 
Diluted net income per share$1.41 $1.01 $2.69 $2.02 
1 The Company excluded (i) 661,162 and 745,055 potentially dilutive shares from the calculation of diluted net income per share for the three months ended December 31, 2021 and 2020, respectively, and (ii) 661,162 and 733,805 potentially dilutive shares from the calculation of diluted net income per share for the six months ended December 31, 2021 and 2020, respectively, as these units would have been antidilutive.