Company: MCFT
Filing Date: 2025-08-27
Form Type: 10-K
Source: 0000950170-25-111682
Chunk: 17

Company: MasterCraft Boat Holdings, Inc.
Filing Date: 2025-08-27
Form: 10-K
Item: Item 6
Chunk 17
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127

     $
     28,876

     $
     98,347

     Adjusted Net Income per share:

     Basic
      
     $
     0.92

     $
     1.71

     $
     5.58

     Diluted
      
     $
     0.92

     $
     1.69

     $
     5.54

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

     Basic Adjusted Net Income per share

     16,428,485

     16,930,348

     17,618,797

     Diluted Adjusted Net Income per share

     16,525,773

     17,038,305

     17,765,117

   The following table presents the reconciliation of income from continuing operations per diluted share to Adjusted net income per diluted share for the periods presented:

     2025

     2024

     2023

     Income from continuing operations per diluted share
      
     $
     0.65

     $
     1.36

     $
     5.28

     Impact of adjustments:

     Income tax expense

     0.17

     0.39

     1.59

     Amortization of acquisition intangibles

     0.11

     0.11

     0.10

     Share-based compensation

     0.18

     0.15

     0.19

     Senior leadership transition and organizational realignment costs(a)

     0.04

     0.10

     —

     Business development consulting costs(b)

     —

     —

     0.02

     Adjusted Net Income per diluted share before income taxes

     1.15

     2.11

     7.18

     Impact of adjusted income tax expense on net income per diluted share before income taxes(c)

     (0.23
     )

     (0.42
     )

     (1.64
     )

     Adjusted Net Income per diluted share
      
     $
     0.92

     $
     1.69

     $
     5.54

27

The following table presents a reconciliation of net cash flows by operating activities of continuing operations as determined in accordance with U.S. GAAP to Free Cash Flow for the periods presented:

     2025