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0001590976 1 2025-07-01 2026-06-30 0001590976 ecd:PeoMember 1 2025-07-01 2026-06-30 0001590976 ecd:PeoMember 2 2025-07-01 2026-06-30 0001590976 ecd:PeoMember 3 2025-07-01 2026-06-30 iso4217:USD PRE 14A 0001590976 false MALIBU BOATS, INC. <div style="margin-bottom:4pt;margin-top:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:6.461%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.004%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.461%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.153%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.079%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.770%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.004%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.918%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.307%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.146%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.079%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Value of Initial Fixed $100 Invested Based On:</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Year </span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Summary Compensation Table Total</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">for PEO (Jack Springer )</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(1)(2)</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Compensation Actually Paid to PEO (Jack Springer)</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(1)(3)</span></div><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Summary Compensation Table Total</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">for PEO (Michael Hooks)</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(1)(2)</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Compensation Actually Paid to PEO (Michael Hooks)</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(1)(3)</span></div><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Summary Compensation Table Total</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">for PEO (Steven Menneto)</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(1)(2)</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Compensation Actually Paid to PEO (Steven Menneto)</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(1)(3)</span></div><div style="text-align:right"><span><br/></span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Average Summary Compensation Table Total for Non-PEO NEOs</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(4)</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Average Compensation Actually Paid to Non-PEO NEOs </span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(5)</span></div></td><td colspan="3" style="border-top:1pt solid #0071ba;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Total Shareholder Return</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(6)</span></div></td><td colspan="3" style="border-top:1pt solid #0071ba;padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Dow Jones Recreational Products Index Total Shareholder Return</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(7)</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Net Income</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) ($M))</span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(8)</span></div></td><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">Adjusted EBITDA</span></div><div style="text-align:right"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:7pt;font-weight:700;line-height:120%">($) ($M) </span><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:4.55pt;font-weight:700;line-height:120%;position:relative;top:-2.44pt;vertical-align:baseline">(9)</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2026</span></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,545,820 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,011,277 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">569,715 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">320,896 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">37.4 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">43.4 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.7 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">73.9 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2025</span></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,742 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">67,742 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,206,701 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,715,353 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,523,561 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">-1,000,830 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">42.7 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">55.1 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">15.2 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">74.8 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2024</span></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,923,537 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(3,046,395)</span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">490,679 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">708,011 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,496,279 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,544,238 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">47.8 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">68.3 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">-56.4 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">82.2 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2023</span></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,535,792 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5,847,922 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,128,644 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">591,110 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">80.0 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">85.7 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">107.9 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">284.0 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:7pt;font-weight:400;line-height:120%">2022</span></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4,838,018 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,059,911 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1,683,805 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">557,849 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">71.9 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">72.3 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">163.4 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td><td colspan="2" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">246.5 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:left;vertical-align:middle"></td></tr></table></div> 0 0 0 0 3545820 3011277 569715 320896 37.4 43.4 1700000 73900000 0 0 67742 67742 4206701 3715353 1523561 -1000830 42.7 55.1 15200000 74800000 2923537 -3046395 490679 708011 0 0 2496279 1544238 47.8 68.3 -56400000 82200000 4535792 5847922 0 0 0 0 1128644 591110 80.0 85.7 107900000 284000000.0 4838018 2059911 0 0 0 0 1683805 557849 71.9 72.3 163400000 246500000 <span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:13.07pt">Represents the total compensation paid to our PEO in each listed year, as shown in our Summary Compensation Table for such listed year.</span><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:13.07pt">Compensation actually paid does not mean that our PEO was actually paid those amounts in the listed year, but this is a dollar amount derived from the starting point of summary compensation table total compensation under the methodology prescribed under the relevant rules as shown in the adjustment table below.</span><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:13.07pt">Total shareholder return is calculated by assuming that a $100 investment was made on the day prior to the start of the first fiscal year reported in the table (June 30, 2021) assuming all dividends paid from the start of the measurement period through end of the measurement period (June 30, 2026) are reinvested.</span><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:13.07pt">The dollar amounts reported are the Company's net income reflected in the Company’s audited financial statements.</span> <div style="padding-left:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.370%"><tr><td style="width:1.0%"></td><td style="width:73.980%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.932%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:22.688%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Steven Menneto</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:bottom"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:bottom"><span style="color:#414042;font-family:'Avenir Next LT Pro Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Summary Compensation Table Total</span></td><td colspan="3" style="background-color:#e6e7e8;padding:0 1pt"></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:bottom"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0;text-align:right;vertical-align:bottom"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,545,820 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subtract Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2,610,914)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Add Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year</span></td><td colspan="3" style="background-color:#e6e7e8;padding:0 1pt"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2,282,892 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjust for Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(264,985)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjust for Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year</span></td><td colspan="3" style="background-color:#e6e7e8;padding:0 1pt"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjust for Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">58,464 </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subtract Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year</span></td><td colspan="3" style="background-color:#e6e7e8;padding:0 1pt"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Add Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Compensation Actually Paid</span></td><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:0 1pt"></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:1.5pt 0;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3,011,277 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:5pt;padding-left:36pt"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">*The assumptions used for determining the fair values shown in this table are materially consistent with those used to determine the fair values disclosed as of the grant date of such awards.</span></div><div style="margin-bottom:10pt;margin-top:5pt;padding-left:36pt"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">**Note that we have not reported any amounts in our Summary Compensation Table with respect to “Change in Pension and Nonqualified Deferred Compensation “and, accordingly, the adjustments with respect to such items prescribed by the pay-versus-performance rules are not relevant to our analysis and no adjustments have been made.</span></div> 3545820 -2610914 2282892 -264985 0 58464 0 0 3011277 <span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:13.07pt">This figure represents the average of the total compensation reported for our non-PEO NEOs in each applicable year, as shown in our Summary Compensation Table for such year. Mr. Black served as a NEO in 2023 and 2024 in his role as interim Chief Financial Officer, and again in 2026 following his appointment as Chief Financial Officer. He was not a NEO in 2025, as he held a non-executive role during that year. The names of the non-PEO NEOs in each year are listed in the table below.</span><div style="margin-bottom:10pt;margin-top:10pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:80.401%"><tr><td style="width:1.0%"></td><td style="width:18.093%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.143%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.093%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.143%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.093%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.143%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.093%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.099%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:8pt;font-weight:700;line-height:120%">2025</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:8pt;font-weight:700;line-height:120%">2024</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:8pt;font-weight:700;line-height:120%">2023</span></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:8pt;font-weight:700;line-height:120%">2022</span></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bruce Beckman</span></td><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:0 1pt"></td><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Ritchie Anderson</span></td><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:0 1pt"></td><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Ritchie Anderson</span></td><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:0 1pt"></td><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Ritchie Anderson</span></td><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Ritchie Anderson</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">David Black</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Bruce Beckman</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wayne Wilson</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wayne Wilson</span></td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Wayne Wilson</span></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:0 1pt"></td><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:0 1pt"></td><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:0 1pt"></td><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:0 1pt"></td><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">David Black</span></td><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:0 1pt"></td><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">David Black</span></td><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:0 1pt"></td></tr></table></div> <div style="margin-bottom:3pt;margin-top:5pt;padding-left:22.5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.370%"><tr><td style="width:1.0%"></td><td style="width:73.980%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.932%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:22.688%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:8pt;font-weight:700;line-height:120%">2026</span></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Summary Compensation Table Total</span></td><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:0 1pt"></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 0;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">569,715 </span></td><td style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subtract Grant Date Fair Value of Option Awards and Stock Awards Granted in Fiscal Year</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(149,988)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Add Fair Value at Fiscal Year-End of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year</span></td><td colspan="3" style="background-color:#e6e7e8;padding:0 1pt"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">139,838 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjust for Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(19,769)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjust for Fair Value at Vesting of Option Awards and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year</span></td><td colspan="3" style="background-color:#e6e7e8;padding:0 1pt"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">16,114 </span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjust for Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(21,214)</span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Subtract Fair Value as of Prior Fiscal Year-End of Option Awards and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year</span></td><td colspan="3" style="background-color:#e6e7e8;padding:0 1pt"></td><td colspan="2" style="background-color:#e6e7e8;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(213,800)</span></td><td style="background-color:#e6e7e8;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Add Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:1.5pt 0 1.5pt 1pt;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">— </span></td><td style="background-color:#ffffff;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 5.5pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro Medium',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Compensation Actually Paid</span></td><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:0 1pt"></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:1.5pt 0 1.5pt 1pt;text-align:left;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">$</span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:1.5pt 0;text-align:right;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">320,896 </span></td><td style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;border-top:1pt solid #0071ba;padding:1.5pt 1pt 1.5pt 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:3pt;margin-top:5pt;padding-left:36pt"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">*Note that the fair value assumptions shown with respect to footnote 3 apply to the figures in this table as well.</span></div><div style="margin-bottom:10pt;margin-top:5pt;padding-left:36pt"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">**Note that we have not reported any amounts in our Summary Compensation Table with respect to “Change in Pension and Nonqualified Deferred Compensation “ and, accordingly, the adjustments with respect to such items prescribed by the pay-versus-performance rules are not relevant to our analysis and no adjustments have been made.</span></div> 569715 -149988 139838 -19769 16114 -21214 -213800 0 320896 <span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:13.07pt">The peer group used is the Dow Jones U.S. Recreational Products Index, as used in the Company's performance graph found in the Company’s Annual Report on Form 10-K. Total shareholder return is calculated by assuming that a $100 investment was made on the day prior to the start of the first fiscal year reported in the table (June 30, 2021) assuming all dividends paid from the start of the measurement period through end of the measurement period (June 30, 2026) are reinvested.</span> <span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:13.07pt">In the Company's assessment adjusted EBITDA is the financial performance measure that is the most important financial performance measure (other than total shareholder return and net income) used by the Company in 2026 to link compensation actually paid to performance. The Company defines adjusted EBITDA as net income (loss) before interest expense, income taxes, depreciation, amortization, goodwill and other intangible asset impairment expense, and non-cash, non-operating expenses or other expenses that we do not believe are indicative of our ongoing expenses, including abandonment of construction in process, litigation settlements, acquisition and integration related expenses, adjustment to earnout liability, certain professional fees, non-cash compensation expense and adjustments to our tax receivable agreement liability.</span> djusted EBITDA <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:41.203%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:center;vertical-align:top"><span style="color:#0071ba;font-family:'Museo Slab 500',serif;font-size:8pt;font-weight:700;line-height:120%">Tabular List</span></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;border-top:1pt solid #0071ba;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Adjusted EBITDA</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Relative Total Shareholder Return</span></td></tr><tr><td colspan="3" style="background-color:#e6e7e8;border-bottom:1pt solid #0071ba;padding:1.5pt 1pt;text-align:center;vertical-align:middle"><span style="color:#414042;font-family:'Avenir Next LT Pro',sans-serif;font-size:8pt;font-weight:400;line-height:120%">Net Income</span></td></tr></table> Adjusted EBITDA Relative Total Shareholder Return Net Income <div style="margin-bottom:11pt;margin-top:8pt"><span style="color:#193a66;font-family:'Avenir Next LT Pro Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Compensation Actually Paid Versus TSR</span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div style="margin-bottom:20pt;margin-top:10pt;text-align:center"><img alt="6409" id="i-30" src="mbuu-20260910_g14.jpg" style="height:384px;margin-bottom:5pt;vertical-align:text-bottom;width:720px"/></div> <div style="margin-bottom:11pt;margin-top:8pt"><span style="color:#193a66;font-family:'Avenir Next LT Pro Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Compensation Actually Paid Versus TSR</span></div><div><span><br/></span></div><div><span><br/></span></div><div><span><br/></span></div><div style="margin-bottom:20pt;margin-top:10pt;text-align:center"><img alt="6409" id="i-30" src="mbuu-20260910_g14.jpg" style="height:384px;margin-bottom:5pt;vertical-align:text-bottom;width:720px"/></div> <div style="margin-bottom:2pt;margin-top:8pt"><span style="color:#193a66;font-family:'Avenir Next LT Pro Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Compensation Actually Paid Versus Net Income</span></div><div style="margin-bottom:20pt;margin-top:10pt;text-align:center"><img alt="6457" id="i-31" src="mbuu-20260910_g15.jpg" style="height:384px;margin-bottom:5pt;vertical-align:text-bottom;width:672px"/></div> <div style="margin-bottom:11pt;margin-top:8pt"><span style="color:#193a66;font-family:'Avenir Next LT Pro Medium',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Compensation Actually Paid Versus Adjusted EBITDA</span></div>