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Revenue Recognition

9 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

The following table disaggregates the Company's revenue by major product type and geography:

			Three Months Ended March 31, 2020																																										Nine Months Ended March 31, 2020
			Malibu						Cobalt						Pursuit						Consolidated						Malibu						Cobalt						Pursuit						Consolidated
Revenue by product:
Boat and trailer sales			$	100,037					$	45,580					$	33,472					$	179,089					$	276,470					$	143,459					$	102,993					$	522,922
Part and other sales			2,567						448						206						3,221						9,341						1,714						525						11,580
Total revenue			$	102,604					$	46,028					$	33,678					$	182,310					$	285,811					$	145,173					$	103,518					$	534,502
Revenue by geography:
North America			$	94,250					$	43,601					$	32,720					$	170,571					$	262,810					$	139,181					$	98,085					$	500,076
International			8,354						2,427						958						11,739						23,001						5,992						5,433						34,426
Total revenue			$	102,604					$	46,028					$	33,678					$	182,310					$	285,811					$	145,173					$	103,518					$	534,502

			Three Months Ended March 31, 2019																																										Nine Months Ended March 31, 2019
			Malibu						Cobalt						Pursuit						Consolidated						Malibu						Cobalt						Pursuit						Consolidated
Revenue by product:
Boat and trailer sales			$	104,381					$	55,619					$	36,276					$	196,276					$	264,170					$	148,418					$	66,128					$	478,716
Part and other sales			3,038						422						182						3,642						8,492						1,729						257						10,478
Total revenue			$	107,419					$	56,041					$	36,458					$	199,918					$	272,662					$	150,147					$	66,385					$	489,194
Revenue by geography:
North America			$	96,394					$	53,820					$	34,711					$	184,925					$	246,534					$	141,965					$	61,544					$	450,043
International			11,025						2,221						1,747						14,993						26,128						8,182						4,841						39,151
Total revenue			$	107,419					$	56,041					$	36,458					$	199,918					$	272,662					$	150,147					$	66,385					$	489,194

Boat and Trailer Sales

Consists of sales of boats and trailers to the Company's dealer network, net of sales returns, discounts, rebates and free flooring incentives. Boat and trailer sales also includes optional boat features. Sales returns consist of boats returned by dealers under our warranty program. Rebates, free flooring and discounts are incentives that the Company provides to its dealers based on sales of eligible products.

Part and Other Sales

Consists primarily of parts and accessories sales, royalty income and clothing sales. Parts and accessories sales include replacement and aftermarket boat parts and accessories sold to the Company's dealer network. Royalty income is earned from license agreements with various boat manufacturers, including Nautique, Chaparral, Mastercraft, and Tige related to the use of the Company's intellectual property.

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- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

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