XML 40 R29.htm IDEA: XBRL DOCUMENT v3.23.3
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Changes in the carrying amount of goodwill for the three months ended September 30, 2023 were as follows:
MalibuSaltwater FishingCobaltConsolidated
Goodwill as of June 30, 2023
$12,072 $68,714 $19,791 $100,577 
Effect of foreign currency changes on goodwill(188)— — (188)
Goodwill as of September 30, 2023
$11,884 $68,714 $19,791 $100,389 
Components of Finite-Lived Intangible Assets The components of other intangible assets were as follows:
As of September 30, 2023As of June 30, 2023Estimated Useful Life (in years)Weighted-Average Remaining Useful Life
(in years)
Definite-lived intangibles:
Dealer relationships$131,659 $131,725 
15-20
15.4
Patent2,600 2,600 
15
8.8
Trade name100 100 156.7
Non-compete agreement45 46 101.1
Total134,404 134,471 
Less: Accumulated amortization(32,887)(31,213)
Total definite-lived intangible assets, net101,517 103,258 
Indefinite-lived intangible:
Trade name118,200 118,200 
Total other intangible assets, net$219,717 $221,458 
Components of Indefinite-Lived Intangible Assets The components of other intangible assets were as follows:
As of September 30, 2023As of June 30, 2023Estimated Useful Life (in years)Weighted-Average Remaining Useful Life
(in years)
Definite-lived intangibles:
Dealer relationships$131,659 $131,725 
15-20
15.4
Patent2,600 2,600 
15
8.8
Trade name100 100 156.7
Non-compete agreement45 46 101.1
Total134,404 134,471 
Less: Accumulated amortization(32,887)(31,213)
Total definite-lived intangible assets, net101,517 103,258 
Indefinite-lived intangible:
Trade name118,200 118,200 
Total other intangible assets, net$219,717 $221,458 
Schedule of Future Amortization of Definite-Lived Intangible Assets Estimated future amortization expenses as of September 30, 2023 are as follows:
Fiscal years ending June 30:Amount
Remainder of 2024$5,088 
20256,799 
20266,797 
20276,797 
20286,797 
2029 and thereafter69,239 
$101,517