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Segment Reporting | 12 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting The Company has three reportable segments, Malibu, Cobalt and Pursuit. The Malibu segment participates in the manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Cobalt and Pursuit segments participate in the manufacturing, distribution, marketing and sale of Cobalt and Pursuit boats, respectively, throughout the world. The Company revised its segment reporting effective July 1, 2019 to conform to changes in its internal management reporting based on the Company’s boat manufacturing operations. Prior to this change in reporting segments, the Company had four reportable segments, Malibu U.S., Malibu Australia, Cobalt and Pursuit. The Company now aggregates Malibu U.S. and Malibu Australia into one reportable segment as they have similar economic characteristics and qualitative factors. All segment information in the accompanying consolidated financial statements has been revised to conform to the Company’s current reporting segments for comparison purposes. The following table presents financial information for the Company’s reportable segments for fiscal years ended June 30, 2020, 2019, and 2018.
Fiscal Year Ended June 30, 2020 |  |  |  |  |  |  |
| Malibu |  | Cobalt |  | Pursuit 1 |  | Total
Net sales | $ | 354,769 |  |  | $ | 174,768 |  |  | $ | 123,626 |  |  | $ | 653,163 |
Depreciation and amortization | 8,809 |  |  | 5,258 |  |  | 4,313 |  |  | 18,380 |
Net income before provision for income taxes | 55,567 |  |  | 17,275 |  |  | 10,890 |  |  | 83,732 |
Capital expenditures | 10,260 |  |  | 8,850 |  |  | 22,181 |  |  | 41,291 |
Long-lived assets | 49,771 |  |  | 121,508 |  |  | 114,196 |  |  | 285,475 |
Total assets | $ | 194,502 |  |  | $ | 153,820 |  |  | $ | 129,024 |  |  | $ | 477,346 |
Fiscal Year Ended June 30, 2019 |  |  |  |  |  |  |
| Malibu |  | Cobalt |  | Pursuit 1 |  | Total
Net sales | $ | 374,611 |  |  | $ | 206,598 |  |  | $ | 102,807 |  |  | $ | 684,016 |
Depreciation and amortization | 7,674 |  |  | 5,252 |  |  | 3,034 |  |  | 15,960 |
Net income before provision for income taxes | 54,160 |  |  | 28,691 |  |  | 8,946 |  |  | 91,797 |
Capital expenditures | 9,153 |  |  | 4,404 |  |  | 4,381 |  |  | 17,938 |
Long-lived assets | 49,207 |  |  | 117,702 |  |  | 96,312 |  |  | 263,221 |
Total assets | $ | 185,154 |  |  | $ | 151,481 |  |  | $ | 114,679 |  |  | $ | 451,314 |
Fiscal Year Ended June 30, 2018 |  |  |  |  |  |  |
| Malibu |  | Cobalt |  | Pursuit 1 |  | Total
Net sales | $ | 316,687 |  |  | $ | 180,315 |  |  | $ | — |  |  | $ | 497,002 |
Depreciation and amortization | 7,468 |  |  | 5,386 |  |  | — |  |  | 12,854 |
Net income before provision for income taxes | 69,670 |  |  | 19,717 |  |  | — |  |  | 89,387 |
Capital expenditures | 9,279 |  |  | 1,170 |  |  | — |  |  | 10,449 |
Long-lived assets | 48,784 |  |  | 118,512 |  |  | — |  |  | 167,296 |
Total assets | $ | 208,152 |  |  | $ | 157,616 |  |  | — |  |  | $ | 365,768 |
1 Represents the results of Pursuit since the acquisition on October 15, 2018.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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