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Segment Reporting | 12 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Segment Reporting | Segment Reporting The Company has three reportable segments, Malibu, Saltwater Fishing and Cobalt. The Malibu segment participates in the manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Saltwater Fishing segment participates in the manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group brand boats (Maverick, Cobia, Pathfinder and Hewes). The Cobalt segment participates in the manufacturing, distribution, marketing and sale of Cobalt boats throughout the world. The Company revised its segment reporting effective December 31, 2020, to account for its acquisition of Maverick Boat Group and 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 three reportable segments, Malibu, Cobalt and Pursuit. The Company now aggregates Pursuit and Maverick Boat Group into one reportable segment as they have similar economic characteristics and qualitative factors. As a result, the Company continues to have three reportable segments, Malibu, Saltwater Fishing and Cobalt. All segment information in the accompanying consolidated financial statements has been revised to conform to the Company’s current reporting segments for comparison purposes. There is no country outside of the United States from which we (a) derived net sales equal to 10% of total net sales, or (b) attributed assets equal to 10% of total assets. Net sales are attributed to countries based on the location of the dealer. The following table presents financial information for the Company’s reportable segments for fiscal years ended June 30, 2021, 2020, and 2019.
Fiscal Year Ended June 30, 2021 |  |  |  |  |  |  |
| Malibu |  | Saltwater Fishing 1 |  | Cobalt |  | Total
Net sales | $ | 483,525 |  |  | $ | 242,914 |  |  | $ | 200,076 |  |  | $ | 926,515 |
Depreciation and amortization | 9,397 |  |  | 7,682 |  |  | 5,812 |  |  | 22,891 |
Net income before provision for income taxes | 88,511 |  |  | 35,079 |  |  | 24,671 |  |  | 148,261 |
Capital expenditures | 11,269 |  |  | 9,962 |  |  | 9,446 |  |  | 30,677 |
Long-lived assets | 52,533 |  |  | 291,960 |  |  | 124,816 |  |  | 469,309 |
Total assets | $ | 211,510 |  |  | $ | 360,481 |  |  | $ | 170,793 |  |  | $ | 742,784 |
Fiscal Year Ended June 30, 2020 |  |  |  |  |  |  |
| Malibu |  | Saltwater Fishing 1 |  | Cobalt |  | Total
Net sales | $ | 354,769 |  |  | $ | 123,626 |  |  | $ | 174,768 |  |  | $ | 653,163 |
Depreciation and amortization | 8,809 |  |  | 4,313 |  |  | 5,258 |  |  | 18,380 |
Net income before provision for income taxes | 55,567 |  |  | 10,890 |  |  | 17,275 |  |  | 83,732 |
Capital expenditures | 10,260 |  |  | 22,181 |  |  | 8,850 |  |  | 41,291 |
Long-lived assets | 49,771 |  |  | 114,196 |  |  | 121,508 |  |  | 285,475 |
Total assets | $ | 194,502 |  |  | $ | 129,024 |  |  | $ | 153,820 |  |  | $ | 477,346 |
Fiscal Year Ended June 30, 2019 |  |  |  |  |  |  |
| Malibu |  | Saltwater Fishing 1 |  | Cobalt |  | Total
Net sales | $ | 374,611 |  |  | $ | 102,807 |  |  | $ | 206,598 |  |  | $ | 684,016 |
Depreciation and amortization | 7,674 |  |  | 3,034 |  |  | 5,252 |  |  | 15,960 |
Net income before provision for income taxes | 54,160 |  |  | 8,946 |  |  | 28,691 |  |  | 91,797 |
Capital expenditures | 9,153 |  |  | 4,381 |  |  | 4,404 |  |  | 17,938 |
Long-lived assets | 49,207 |  |  | 96,312 |  |  | 117,702 |  |  | 263,221 |
Total assets | $ | 185,154 |  |  | $ | 114,679 |  |  | $ | 151,481 |  |  | $ | 451,314 |
1 Represents the results of Maverick Boat Group since the acquisition on December 31, 2020 and 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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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