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Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill for the nine months ended March 31, 2021 were as follows:

			Malibu						Cobalt						Saltwater Fishing						Consolidated
Goodwill as of June 30, 2020			$	11,957					$	19,791					$	19,525					$	51,273
Addition related to the acquisition			—						—						49,189						49,189
Effect of foreign currency changes on goodwill			664						—						—						664
Goodwill as of March 31, 2021			$	12,621					$	19,791					$	68,714					$	101,126

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The components of other intangible assets were as follows:

			As of March 31, 2021						As of June 30, 2020						Estimated Useful Life (in years)						Weighted Average Remaining Useful Life (in years)
Definite-lived intangibles:
Dealer relationships			$	159,426					$	111,293					8-20						17.8
Patent			3,986						3,986						12-15						11.3
Trade name			24,667						24,667						15						1.2
Non-compete agreement			54						48						10						3.6
Total			188,133						139,994
Less: Accumulated amortization			(68,840)						(63,602)
Total definite-lived intangible assets, net			119,293						76,392
Indefinite-lived intangible:
Trade name			118,200						63,500
Total other intangible assets, net			$	237,493					$	139,892

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

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

Fiscal years ending June 30:						Amount
			Remainder of 2021			$	2,112
			2022			6,964
			2023			6,828
			2024			6,828
			2025			6,824
			2026 and thereafter			89,737
						$	119,293

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- References

No definition available.

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- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
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-Topic 350
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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