MALIBU BOATS INC
For the period ended Dec 31, 2023. Filed Jan 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Jan 30, 2024
MBUU$20.55-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets (Unaudited)
Table of Contents 2
Condensed Consolidated Balance Sheets (Unaudited)
(In thousands, except share and per share data)
| December 31, 2023 | June 30, 2023 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash | $55,722 | $78,937 |
| Trade receivables, net | 27,493 | 68,381 |
| Inventories, net | 157,766 | 171,189 |
| Prepaid expenses and other current assets | 11,968 | 7,827 |
| Total current assets | 252,949 | 326,334 |
| Property, plant and equipment, net | 245,131 | 204,792 |
| Goodwill | 100,733 | 100,577 |
| Other intangible assets, net | 218,049 | 221,458 |
| Deferred tax assets | 54,045 | 62,573 |
| Other assets | 9,089 | 10,190 |
| Total assets | $879,996 | $925,924 |
| Liabilities | ||
| Current liabilities | ||
| Accounts payable | $27,967 | $40,402 |
| Accrued expenses | 106,716 | 187,078 |
| Income taxes and tax distribution payable | 74 | 847 |
| Payable pursuant to tax receivable agreement, current portion | 4,111 | 4,111 |
| Total current liabilities | 138,868 | 232,438 |
| Deferred tax liabilities | 29,123 | 28,453 |
| Other liabilities | 8,989 | 9,926 |
| Payable pursuant to tax receivable agreement, less current portion | 39,354 | 39,354 |
| Long-term debt | 35,000 | — |
| Total liabilities | 251,334 | 310,171 |
| Commitments and contingencies (See Note 15) | ||
| Stockholders' Equity | ||
| Class A Common Stock, par value $0.01 per share, 100,000,000 shares authorized; 20,298,626 shares issued and outstanding as of December 31, 2023; 20,603,822 issued and outstanding as of June 30, 2023 | 201 | 204 |
| Class B Common Stock, par value $0.01 per share, 25,000,000 shares authorized; 12 shares issued and outstanding as of December 31, 2023 and June 30, 2023 | — | — |
| Preferred Stock, par value $0.01 per share; 25,000,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and June 30, 2023 | — | — |
| Additional paid in capital | 67,745 | 86,321 |
| Accumulated other comprehensive loss | (3,664) | (4,340) |
| Accumulated earnings | 555,837 | 525,697 |
| Total stockholders' equity attributable to Malibu Boats, Inc. | 620,119 | 607,882 |
| Non-controlling interest | 8,543 | 7,871 |
| Total stockholders’ equity | 628,662 | 615,753 |
| Total liabilities and stockholders' equity | $879,996 | $925,924 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.