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Goodwill and Other Intangible Assets
12 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets, net
The changes in the carrying amount of goodwill for the fiscal years ended June 30, 2022 and 2021 were as follows:
MalibuSaltwater FishingCobaltConsolidated
Goodwill as of June 30, 2020$11,957 $19,525 $19,791 $51,273 
Addition related to the acquisition of Maverick Boat Group— 49,189 — 49,189 
Effect of foreign currency changes on goodwill
571 — — 571 
Goodwill as of June 30, 202112,528 68,714 19,791 101,033 
Addition related to the acquisition of Malibu Electronics329 — — 329 
Effect of foreign currency changes on goodwill
(558)— — (558)
Goodwill as of June 30, 2022$12,299 $68,714 $19,791 $100,804 
The components of other intangible assets were as follows:
As of June 30,Estimated Useful Life (in years)Weighted Average Remaining Useful Life (in years)
 20222021
Dealer relationships$131,806 $159,394 
8-20
16.6
Patent2,600 3,986 
12-15
10.0
Trade name100 24,667 158.0
Non-compete agreement48 53 102.3
Total134,554 188,100 
Less: Accumulated amortization(24,450)(70,937)
Total definite-lived intangible assets, net110,104 117,163 
Indefinite-lived intangible:
Trade names118,200 118,200 
Total other intangible assets$228,304 $235,363 
Amortization expense recognized on all amortizable intangibles was $6,957, $7,255 and $6,131 for the fiscal years ended June 30, 2022, 2021 and 2020, respectively.
Estimated future amortization expenses as of June 30, 2022 are as follows:
Fiscal YearAs of June 30, 2022
2023$6,812 
20246,812 
20256,809 
20266,807 
20276,807 
2028 and thereafter76,057 
$110,104