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Segment Information
9 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
Effective December 31, 2020, the Company revised its segment reporting to account for its acquisition of Maverick Boat Group and conform to changes in its internal management reporting based on the Company’s boat manufacturing operations. The Company previously 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, Cobalt and Saltwater Fishing. The Malibu segment participates in the manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Cobalt segment participates in the manufacturing, distribution, marketing and sale of Cobalt 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).
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 tables present financial information for the Company’s reportable segments for the three and nine months ended March 31, 2021 and 2020, respectively, and the Company’s financial position at March 31, 2021 and June 30, 2020, respectively:
Three Months Ended March 31, 2021Nine Months Ended March 31, 2021
MalibuCobaltSaltwater FishingTotalMalibuCobaltSaltwater FishingTotal
Net sales$138,027 $55,246 $79,889 $273,162 $346,475 $147,206 $156,112 $649,793 
Income before provision for income taxes$27,631 $7,373 $11,072 $46,076 $62,758 $17,338 $22,880 $102,976 
Three Months Ended March 31, 2020Nine Months Ended March 31, 2020
MalibuCobaltSaltwater FishingTotalMalibuCobaltSaltwater FishingTotal
Net sales$102,604 $46,028 $33,678 $182,310 $285,811 $145,173 $103,518 $534,502 
Income before provision for income taxes$21,669 $6,178 $3,006 $30,853 $48,331 $16,937 $9,750 $75,018 

As of March 31, 2021As of June 30, 2020
Assets  
Malibu$218,051 $194,502 
Cobalt169,377 153,820 
Saltwater Fishing342,838 129,024 
Total assets$730,266 $477,346