Company: MCFT
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0000950170-25-015130
Chunk: 38

Company: MasterCraft Boat Holdings, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Item 8
Chunk 38
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ollar amounts in thousands, except per share data)
     
    2024

    2023

    2024

    2023

    Income from continuing operations
     
    $
    426

    $
    8,680

    $
    1,442

    $
    17,211

    Income tax expense

    275

    2,644

    468

    5,139

    Amortization of acquisition intangibles

    450

    450

    900

    912

    Share-based compensation

    844

    63

    1,274

    973

    CEO transition and organizational realignment costs(a)

    114

    —

    448

    436

    Adjusted Net Income before income taxes

    2,109

    11,837

    4,532

    24,671

    Adjusted income tax expense(b)

    422

    2,368

    906

    4,934

    Adjusted Net Income
     
    $
    1,687

    $
    9,469

    $
    3,626

    $
    19,737

    Adjusted Net Income per share:

    Basic
     
    $
    0.10

    $
    0.56

    $
    0.22

    $
    1.16

    Diluted
     
    $
    0.10

    $
    0.55

    $
    0.22

    $
    1.15

    Weighted average shares used for the computation of(c):

    Basic Adjusted Net Income per share

    16,454,776

    17,010,116

    16,499,858

    17,083,204

    Diluted Adjusted Net Income per share

    16,543,502

    17,091,633

    16,499,858

    17,158,124

23

The following table presents the reconciliation of income from continuing operations per diluted share to Adjusted Net Income per diluted share for the periods indicated:

    Three Months Ended

    Six Months Ended

    December 29,

    December 31,

    December 29,

    December 31,

    2024