XML 19 R8.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue Recognition
6 Months Ended
Dec. 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 December 31, 2020Six Months Ended December 31, 2020
MalibuCobaltSaltwater FishingConsolidatedMalibuCobaltSaltwater FishingConsolidated
Revenue by product:
Boat and trailer sales$105,687 $46,932 $39,423 $192,042 $199,681 $90,337 $75,826 $365,844 
Part and other sales2,930 546 129 3,605 8,767 1,623 397 10,787 
Total revenue$108,617 $47,478 $39,552 $195,647 $208,448 $91,960 $76,223 $376,631 
Revenue by geography:
North America$98,242 $45,196 $36,841 $180,279 $194,160 $89,149 $72,591 $355,900 
International10,375 2,282 2,711 15,368 14,288 2,811 3,632 20,731 
Total revenue$108,617 $47,478 $39,552 $195,647 $208,448 $91,960 $76,223 $376,631 
Three Months Ended December 31, 2019Six Months Ended December 31, 2019
MalibuCobaltSaltwater FishingConsolidatedMalibuCobaltSaltwater FishingConsolidated
Revenue by product:
Boat and trailer sales$94,350 $48,579 $33,715 $176,644 $176,433 $97,879 $69,521 $343,833 
Part and other sales2,977 415 76 3,468 6,774 1,266 319 8,359 
Total revenue$97,327 $48,994 $33,791 $180,112 $183,207 $99,145 $69,840 $352,192 
Revenue by geography:
North America$89,643 $46,822 $33,114 $169,579 $168,560 $95,580 $65,365 $329,505 
International7,684 2,172 677 10,533 14,647 3,565 4,475 22,687 
Total revenue$97,327 $48,994 $33,791 $180,112 $183,207 $99,145 $69,840 $352,192 
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.
Parts 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.