XML 39 R28.htm IDEA: XBRL DOCUMENT v3.24.4
Goodwill and Other Intangible Assets, net (Tables)
 6 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the six months ended December 31, 2024 were as follows:
MalibuSaltwater FishingCobaltConsolidated
Goodwill as of June 30, 2024 1
$12,099 $19,525 $19,791 $51,415 
Effect of foreign currency changes on goodwill(424)— — (424)
Balance as of December 31, 2024
$11,675 $19,525 $19,791 $50,991 
(1) Net of accumulated impairment losses of $49,189 in our Saltwater Fishing segment.
Schedule of Components of Finite-Lived Intangible Assets
The components of other intangible assets were as follows:
As of December 31, 2024As of June 30, 2024Estimated Useful Life (in years)Weighted-Average Remaining Useful Life
(in years)
Definite-lived intangibles:
Dealer relationships$131,585 $131,735 
15-20
14.2
Patent2,600 2,600 
15
7.5
Trade name100 100 155.5
Non-compete agreement44 47 100
Total134,329 134,482 
Less: Accumulated amortization(41,358)(38,033)
Total definite-lived intangible assets, net92,971 96,449 
Indefinite-lived intangible:
Trade name79,000 118,200 
Less: Impairment charge— (39,200)
Total other intangible assets, net$171,971 $175,449 
Schedule of Components of Indefinite-Lived Intangible Assets
The components of other intangible assets were as follows:
As of December 31, 2024As of June 30, 2024Estimated Useful Life (in years)Weighted-Average Remaining Useful Life
(in years)
Definite-lived intangibles:
Dealer relationships$131,585 $131,735 
15-20
14.2
Patent2,600 2,600 
15
7.5
Trade name100 100 155.5
Non-compete agreement44 47 100
Total134,329 134,482 
Less: Accumulated amortization(41,358)(38,033)
Total definite-lived intangible assets, net92,971 96,449 
Indefinite-lived intangible:
Trade name79,000 118,200 
Less: Impairment charge— (39,200)
Total other intangible assets, net$171,971 $175,449 
Schedule of Future Amortization of Definite-Lived Intangible Assets
Estimated future amortization expenses as of December 31, 2024 are as follows:
Fiscal years ending June 30:Amount
Remainder of 2025$3,376 
20266,792 
20276,792 
20286,792 
20296,792 
2030 and thereafter62,427 
$92,971