Company: MCFT
Filing Date: 2025-08-27
Form Type: 10-K
Source: 0000950170-25-111682
Chunk: 37

Company: MasterCraft Boat Holdings, Inc.
Filing Date: 2025-08-27
Form: 10-K
Item: Item 6
Chunk 37
---
     —

     44,887

     Unrecognized tax positions

     9,067

     8,549

     Other long-term liabilities

     2,085

     2,551

     Long-term liabilities associated with discontinued operations (Note 3)

     —

     182

     Total liabilities

     76,362

     134,105

     COMMITMENTS AND CONTINGENCIES (Note 12)

     EQUITY:

     Common stock, $.01 par value per share — authorized, 100,000,000 shares; issued and outstanding, 16,406,788 shares at June 30, 2025 and 16,759,109 shares at June 30, 2024

     164

     167

     Additional paid-in capital

     52,559

     59,892

     Retained earnings

     130,663

     123,620

     MasterCraft Boat Holdings, Inc. equity

     183,386

     183,679

     Noncontrolling interest

     200

     200

     Total equity

     183,586

     183,879

     Total liabilities and equity
      
     $
     259,948

     $
     317,984

    The Notes to Consolidated Financial Statements are an integral part of these consolidated financial statements.

42

MASTERCRAFT BOAT HOLDINGS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS 

     For the Years Ended June 30

     (Dollar amounts in thousands, except per share data)
      
     2025

     2024

     2023

     NET SALES
      
     $
     284,203

     $
     322,351

     $
     609,903

     COST OF SALES

     227,338

     250,741

     441,164

     GROSS PROFIT

     56,865

     71,610

     168,739

     OPERATING EXPENSES:

     Selling and marketing

     11,740

     11,203

     12,439

     General and administrative

     32,093

     31,119

     32,915

     Amortization of other intangible assets

     1,800