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Goodwill and Other Intangible Assets | 6 Months Ended
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Dec. 31, 2023
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 six months ended December 31, 2023 were as follows:
| Malibu |  | Saltwater Fishing |  | Cobalt |  | Consolidated
Goodwill as of June 30, 2023 | $ | 12,072 |  |  | $ | 68,714 |  |  | $ | 19,791 |  |  | $ | 100,577 |
Effect of foreign currency changes on goodwill | 156 |  |  | — |  |  | — |  |  | 156 |
Goodwill as of December 31, 2023 | $ | 12,228 |  |  | $ | 68,714 |  |  | $ | 19,791 |  |  | $ | 100,733 |
The components of other intangible assets were as follows:
| As of December 31, 2023 |  | As of June 30, 2023 |  | Estimated Useful Life (in years) |  | Weighted-Average Remaining Useful Life (in years)
Definite-lived intangibles: |  |  |  |  |  |  |
Dealer relationships | $ | 131,780 |  |  | $ | 131,725 |  |  | 15-20 |  | 15.1
Patent | 2,600 |  |  | 2,600 |  |  | 15 |  | 8.5
Trade name | 100 |  |  | 100 |  |  | 15 |  | 6.5
Non-compete agreement | 48 |  |  | 46 |  |  | 10 |  | 0.8
Total | 134,528 |  |  | 134,471 |  |  |  |  |
Less: Accumulated amortization | (34,679) |  |  | (31,213) |  |  |  |  |
Total definite-lived intangible assets, net | 99,849 |  |  | 103,258 |  |  |  |  |
Indefinite-lived intangible: |  |  |  |  |  |  |
Trade name | 118,200 |  |  | 118,200 |  |  |  |  |
Total other intangible assets, net | $ | 218,049 |  |  | $ | 221,458 |  |  |  |  |
Amortization expense recognized on all amortizable intangibles was $1,713 and $1,715 for the three months ended December 31, 2023 and 2022, respectively, and $3,428 and $3,431 for the six months ended December 31, 2023 and 2022, respectively. Estimated future amortization expenses as of December 31, 2023 are as follows:
Fiscal years ending June 30: |  | Amount
Remainder of 2024 |  | $ | 3,378 |
2025 |  | 6,807 |
2026 |  | 6,805 |
2027 |  | 6,805 |
2028 |  | 6,805 |
2029 and thereafter |  | 69,249 |
|  | $ | 99,849 |

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