Goodwill and Other Intangible Assets

6 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill for the six months ended December 31, 2020 were as follows:


Goodwill as of June 30, 2020	$	51,273
Addition related to the acquisition of Maverick Boat Group	49,189
Effect of foreign currency changes on goodwill	753
Goodwill as of December 31, 2020	$	101,215

The components of other intangible assets were as follows:


	As of December 31, 2020		As of June 30, 2020		Estimated Useful Life (in years)	Weighted Average Remaining Useful Life (in years)
Definite-lived intangibles:

Dealer relationships	$	159,459	$	111,293	8-20	18.1
Patent	3,986		3,986		12-15	11.5
Trade name	24,667		24,667		15	1.1
Non-compete agreement	54		48		10	3.8
Total	188,166		139,994
Less: Accumulated amortization	(66,760)		(63,602)
Total definite-lived intangible assets, net	121,406		76,392
Indefinite-lived intangible:
Trade name	118,200		63,500
Total other intangible assets, net	$	239,606	$	139,892

Amortization expense recognized on all amortizable intangibles was $1,524 and $1,537 for the three months ended December 31, 2020 and 2019, respectively, and $3,048 and $3,121 for the six months ended December 31, 2020 and 2019, respectively.

The estimated future amortization of definite-lived intangible assets is as follows:


Fiscal years ending June 30:		Amount
	Remainder of 2021	$	4,206
	2022	6,967
	2023	6,830
	2024	6,830
	2025	6,826
	2026 and thereafter	89,747
		$	121,406