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Goodwill and Other Intangible Assets | 3 Months Ended
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Sep. 30, 2022
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, 2022 were as follows:
| Malibu |  | Saltwater Fishing |  | Cobalt |  | Consolidated
Goodwill as of June 30, 2022 | $ | 12,299 |  |  | $ | 68,714 |  |  | $ | 19,791 |  |  | $ | 100,804 |
Effect of foreign currency changes on goodwill | (391) |  |  | — |  |  | — |  |  | (391) |
Goodwill as of September 30, 2022 | $ | 11,908 |  |  | $ | 68,714 |  |  | $ | 19,791 |  |  | $ | 100,413 |
The components of other intangible assets were as follows:
| As of September 30, 2022 |  | As of June 30, 2022 |  | Estimated Useful Life (in years) |  | Weighted-Average Remaining Useful Life (in years)
Definite-lived intangibles: |  |  |  |  |  |  |
Dealer relationships | $ | 131,668 |  |  | $ | 131,806 |  |  | 15-20 |  | 16.4
Patent | 2,600 |  |  | 2,600 |  |  | 15 |  | 9.8
Trade name | 100 |  |  | 100 |  |  | 15 |  | 7.7
Non-compete agreement | 45 |  |  | 48 |  |  | 10 |  | 2.1
Total | 134,413 |  |  | 134,554 |  |  |  |  |
Less: Accumulated amortization | (26,091) |  |  | (24,450) |  |  |  |  |
Total definite-lived intangible assets, net | 108,322 |  |  | 110,104 |  |  |  |  |
Indefinite-lived intangible: |  |  |  |  |  |  |
Trade name | 118,200 |  |  | 118,200 |  |  |  |  |
Total other intangible assets, net | $ | 226,522 |  |  | $ | 228,304 |  |  |  |  |
Amortization expense recognized on all amortizable intangibles was $1,716 and $1,856 for the three months ended September 30, 2022 and 2021, respectively. The estimated future amortization of definite-lived intangible assets is as follows:
Fiscal years ending June 30: |  | Amount
Remainder of 2023 |  | $ | 5,088 |
2024 |  | 6,802 |
2025 |  | 6,799 |
2026 |  | 6,798 |
2027 |  | 6,798 |
2028 and thereafter |  | 76,037 |
|  | $ | 108,322 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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