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Segment Reporting
12 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment ReportingThe Company has three reportable segments, Malibu, Saltwater Fishing and Cobalt. The Malibu segment participates in the manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Saltwater Fishing segment participates in the manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group brand boats (Maverick, Cobia, Pathfinder and Hewes). The Cobalt segment participates in the manufacturing, distribution, marketing and sale of Cobalt boats throughout the world.
There is no country outside of the United States from which the Company (a) derived net sales equal to 10% of total net sales, or (b) attributed assets equal to 10% of total assets. Net sales are attributed to countries based on the location of the dealer.
The following table presents financial information for the Company’s reportable segments for the fiscal years ended June 30, 2023, 2022, and 2021.
Fiscal Year Ended June 30, 2023
MalibuSaltwater FishingCobaltTotal
Net sales$636,247 $449,156 $302,962 $1,388,365 
Depreciation and amortization8,974 11,918 7,828 28,720 
Net income before provision for income taxes40,157 57,748 43,586 141,491 
Capital expenditures27,660 22,027 5,153 54,840 
Long-lived assets88,060 317,514 121,253 526,827 
Total assets$249,447 $432,806 $243,671 $925,924 
Fiscal Year Ended June 30, 2022
MalibuSaltwater FishingCobaltTotal
Net sales$607,543 $341,930 $265,404 $1,214,877 
Depreciation and amortization8,398 10,880 7,044 26,322 
Net income before provision for income taxes137,133 34,049 38,783 209,965 
Capital expenditures22,072 26,806 6,186 55,064 
Long-lived assets68,739 307,057 124,030 499,826 
Total assets$264,551 $384,684 $202,091 $851,326 
Fiscal Year Ended June 30, 2021
Malibu
Saltwater Fishing 1
CobaltTotal
Net sales$483,525 $242,914 $200,076 $926,515 
Depreciation and amortization9,397 7,682 5,812 22,891 
Net income before provision for income taxes88,511 35,079 24,671 148,261 
Capital expenditures11,269 9,962 9,446 30,677 
Long-lived assets52,533 291,960 124,816 469,309 
Total assets$211,510 $360,481 $170,793 $742,784 
1 Represents the results of Maverick Boat Group since the acquisition on December 31, 2020.