XML 24 R9.htm IDEA: XBRL DOCUMENT v3.22.2.2
Revenue Recognition
 12 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The following table disaggregates the Company's revenue by major product type and geography:
Fiscal Year Ended June 30, 2022
MalibuSaltwater FishingCobaltConsolidated
Revenue by product:
Boat and trailer sales$590,059 $340,725 $262,679 $1,193,463 
Part and other sales17,484 1,205 2,725 21,414 
Total revenue$607,543 $341,930 $265,404 $1,214,877 
Revenue by geography:
North America$548,826 $336,816 $253,812 $1,139,454 
International58,717 5,114 11,592 75,423 
Total revenue$607,543 $341,930 $265,404 $1,214,877 
Fiscal Year Ended June 30, 2021
MalibuSaltwater FishingCobaltConsolidated
Revenue by product:
Boat and trailer sales$464,738 $241,750 $196,654 $903,142 
Part and other sales18,787 1,164 3,422 23,373 
Total revenue$483,525 $242,914 $200,076 $926,515 
Revenue by geography:
North America$434,660 $234,680 $191,477 $860,817 
International48,865 8,234 8,599 65,698 
Total revenue$483,525 $242,914 $200,076 $926,515 
Fiscal Year Ended June 30, 2020
MalibuSaltwater FishingCobaltConsolidated
Revenue by product:
Boat and trailer sales$341,886 $122,850 $172,267 $637,003 
Part and other sales12,883 776 2,501 16,160 
Total revenue$354,769 $123,626 $174,768 $653,163 
Revenue by geography:
North America$327,049 $115,363 $167,755 $610,167 
International27,720 8,263 7,013 42,996 
Total revenue$354,769 $123,626 $174,768 $653,163 
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 the Company's warranty program. Rebates, free flooring and discounts are incentives that the Company provides to its dealers based on sales of eligible products.
Part 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.