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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Changes in the carrying amount of goodwill for the six months ended December 31, 2021 were as follows:
| Malibu |  | Saltwater Fishing |  | Cobalt |  | Consolidated
Goodwill as of June 30, 2021 | $ | 12,528 |  |  | $ | 68,714 |  |  | $ | 19,791 |  |  | $ | 101,033 |
Effect of foreign currency changes on goodwill | (223) |  |  | — |  |  | — |  |  | (223) |
Goodwill as of December 31, 2021 | $ | 12,305 |  |  | $ | 68,714 |  |  | $ | 19,791 |  |  | $ | 100,810 |
Schedule of Acquired Finite-Lived Intangible Assets by Major Class | The components of other intangible assets were as follows:
| As of December 31, 2021 |  | As of June 30, 2021 |  | Estimated Useful Life (in years) |  | Weighted Average Remaining Useful Life (in years)
Definite-lived intangibles: |  |  |  |  |  |  |
Dealer relationships | $ | 131,924 |  |  | $ | 159,394 |  |  | 15-20 |  | 17.1
Patent | 2,600 |  |  | 3,986 |  |  | 15 |  | 10.5
Trade name | 100 |  |  | 24,667 |  |  | 15 |  | 8.5
Non-compete agreement | 51 |  |  | 53 |  |  | 10 |  | 2.8
Total | 134,675 |  |  | 188,100 |  |  |  |  |
Less: Accumulated amortization | (21,130) |  |  | (70,937) |  |  |  |  |
Total definite-lived intangible assets, net | 113,545 |  |  | 117,163 |  |  |  |  |
Indefinite-lived intangible: |  |  |  |  |  |  |
Trade name | 118,200 |  |  | 118,200 |  |  |  |  |
Total other intangible assets, net | $ | 231,745 |  |  | $ | 235,363 |  |  |  |  |
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 2022 |  | $ | 3,383 |
2023 |  | 6,820 |
2024 |  | 6,820 |
2025 |  | 6,816 |
2026 |  | 6,815 |
2027 and thereafter |  | 82,891 |
|  | $ | 113,545 |

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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 + Details
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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 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
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