Goodwill and Other Intangible Assets

6 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

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

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

Amortization expense recognized on all amortizable intangibles was $1,719 and $1,524 for the three months ended December 31, 2021 and 2020, respectively, and $3,575 and $3,048 for the six months ended December 31, 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	$	3,383
2023	6,820
2024	6,820
2025	6,816
2026	6,815
2027 and thereafter	82,891
	$	113,545