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Goodwill and Other Intangible Assets
3 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Changes in the carrying amount of goodwill for the three months ended September 30, 2021 were as follows:
MalibuSaltwater FishingCobaltConsolidated
Goodwill as of June 30, 2021
$12,528 $68,714 $19,791 $101,033 
Effect of foreign currency changes on goodwill(268)— — (268)
Goodwill as of September 30, 2021
$12,260 $68,714 $19,791 $100,765 
The components of other intangible assets were as follows:
As of September 30, 2021As of June 30, 2021Estimated Useful Life (in years)Weighted Average Remaining Useful Life
(in years)
Definite-lived intangibles:
Dealer relationships$131,908 $159,394 
15-20
17.3
Patent2,600 3,986 
 15
10.8
Trade name100 24,667 158.7
Non-compete agreement50 53 103.1
Total134,658 188,100 
Less: Accumulated amortization(19,403)(70,937)
Total definite-lived intangible assets, net115,255 117,163 
Indefinite-lived intangible:
Trade name118,200 118,200 
Total other intangible assets, net$233,455 $235,363 
Amortization expense recognized on all amortizable intangibles was $1,856 and $1,524 for the three months ended September 30, 2021 and 2020, respectively.
The estimated future amortization of definite-lived intangible assets is as follows:
Fiscal years ending June 30:Amount
Remainder of 2022$5,100 
20236,819 
20246,819 
20256,815 
20266,814 
2027 and thereafter82,888 
$115,255