MasterCraft Boat Holdings Inc

For the period ended Jun 30, 2024. Filed Aug 30, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Aug 30, 2024

MCFT$20.36-2.0%Stored close · as of Nov 6, 2026

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Contents

Consolidated Statements of Operations

(Dollar amounts in thousands, except per share data)	2024	2023	2022
NET SALES	$366,588	$662,046	$641,609
COST OF SALES	299,491	492,333	473,419
GROSS PROFIT	67,097	169,713	168,190
OPERATING EXPENSES:
Selling and marketing	13,430	13,808	12,869
General and administrative	34,396	37,034	36,070
Amortization of other intangible assets	1,812	1,956	1,956
Impairments (Notes 5, 6, and 7)	9,827	—	1,100
Total operating expenses	59,465	52,798	51,995
OPERATING INCOME	7,632	116,915	116,195
OTHER INCOME (EXPENSE):
Interest expense	(3,292)	(2,679)	(1,471)
Interest income	5,789	3,351	—
INCOME BEFORE INCOME TAX EXPENSE	10,129	117,587	114,724
INCOME TAX EXPENSE	1,407	27,135	26,779
NET INCOME FROM CONTINUING OPERATIONS	8,722	90,452	87,945
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX (Note 3)	(922)	(21,515)	(29,731)
NET INCOME	$7,800	$68,937	$58,214
NET INCOME (LOSS) PER SHARE:
Basic
Continuing operations	$0.52	$5.13	$4.77
Discontinued operations	(0.06)	(1.22)	(1.62)
Net income	$0.46	$3.91	$3.15
Diluted
Continuing operations	$0.51	$5.09	$4.72
Discontinued operations	(0.05)	(1.21)	(1.60)
Net income	$0.46	$3.88	$3.12
WEIGHTED AVERAGE SHARES USED FOR COMPUTATION OF:
Basic earnings per share	16,930,348	17,618,797	18,455,226
Diluted earnings per share	17,038,305	17,765,117	18,636,512

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.