Goodwill and Other Intangible Assets

6 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

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