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Goodwill and Other Intangible Assets
12 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
The changes in the carrying amount of goodwill for the fiscal years ended June 30, 2021 and 2020 were as follows:
MalibuSaltwater FishingCobaltConsolidated
Goodwill as of June 30, 2019$12,088 $19,525 $19,791 $51,404 
Effect of foreign currency changes on goodwill
(131)— — (131)
Goodwill as of June 30, 202011,957 19,525 19,791 51,273 
Addition related to the acquisition of Maverick Boat Group— 49,189 — 49,189 
Effect of foreign currency changes on goodwill
571 — — 571 
Goodwill as of June 30, 2021$12,528 $68,714 $19,791 $101,033 
The components of other intangible assets were as follows:
As of June 30,Estimated Useful Life (in years)Weighted Average Remaining Useful Life (in years)
 20212020
Dealer relationships$159,394 $111,293 
8-20
17.6
Patent3,986 3,986 
12-15
11.0
Trade name24,667 24,667 152.8
Non-compete agreement53 48 103.3
Total188,100 139,994 
Less: Accumulated amortization(70,937)(63,602)
Total definite-lived intangible assets, net117,163 76,392 
Indefinite-lived intangible:
Trade names118,200 63,500 
Total other intangible assets$235,363 $139,892 
Amortization expense recognized on all amortizable intangibles was $7,255, $6,131 and $5,956 for the fiscal years ended June 30, 2021, 2020 and 2019, respectively.
Estimated future amortization expenses as of June 30, 2021 are as follows:
Fiscal YearAs of June 30, 2021
2022$6,962 
20236,825 
20246,825 
20256,822 
20266,820 
2027 and thereafter82,909 
$117,163