Company: MCFT
Filing Date: 2025-08-27
Form Type: 10-K
Source: 0000950170-25-111682
Chunk: 64

Company: MasterCraft Boat Holdings, Inc.
Filing Date: 2025-08-27
Form: 10-K
Item: Item 6
Chunk 64
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903

         Cost of sales

         328,547

         112,617

         441,164

         Operating expenses(1)

         38,784

         8,526

         47,310

         Adjustments:

         Depreciation and amortization

         5,555

         2,841

         8,396

         Adjustment items(2)

         3,412

         362

         3,774

         Adjusted EBITDA

         110,292

         23,307

         133,599

         Less: Interest Expense

         (2,679
         )

         Add: Interest Income

         3,351

         Less: Depreciation and amortization

         (8,396
         )

         Less: Share-based compensation

         (3,462
         )

         Less: Business development consulting costs

         (312
         )

         Income before taxes

         122,101

         Purchases of property, plant and equipment

         17,414

         7,149

         24,563

       (1)Operating expenses include selling and marketing expenses, general and administrative expenses, and amortization of other intangible assets.(2)Adjustment items include share-based compensation, senior leadership transition and organizational realignment costs, and business development consulting costs.The following table presents total assets for the Company’s reportable segments as of June 30, 2025 and 2024.

         June 30, 2025

         June 30, 2024

         Assets:

         MasterCraft
          
         $
         213,942

         $
         233,088

         Pontoon

         46,006

         51,994

         Assets associated with discontinued operations

         —

         32,902

         Total assets
          
         $
         259,948

         $
         317,984

64

15. QUARTERLY FINANCIAL REPORTING (UNAUDITED)The Company maintains its financial records on the basis of a fiscal year ending on June 30, with the fiscal quarters equaling thirteen weeks. The following tables set forth summary quarterly information for the years ended June 30, 2025 and 2024, and reflects the retrospective presentation of discontinued operations as discussed in Note 3. Due to the effects of rounding, the quarterly results presented may not sum to the