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Goodwill and Other Intangible Assets, net
9 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, net Goodwill and Other Intangible Assets, net
The changes in the carrying amount of goodwill for the nine months ended March 31, 2025 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(375)— — (375)
Balance as of March 31, 2025
$11,724 $19,525 $19,791 $51,040 
(1) Net of accumulated impairment losses of $49,189 in our Saltwater Fishing segment.
The components of other intangible assets were as follows:
As of March 31, 2025As of June 30, 2024Estimated Useful Life (in years)Weighted-Average Remaining Useful Life
(in years)
Definite-lived intangibles:
Dealer relationships$131,602 $131,735 
15-20
13.9
Patent2,600 2,600 
15
7.3
Trade name100 100 155.2
Non-compete agreement44 47 100
Total134,346 134,482 
Less: Accumulated amortization(43,046)(38,033)
Total definite-lived intangible assets, net91,300 96,449 
Indefinite-lived intangible:
Trade name79,000 118,200 
Less: Impairment charge— (39,200)
Total other intangible assets, net$170,300 $175,449 
Amortization expense recognized on all amortizable intangibles was $1,676 and $1,686 for the three months ended March 31, 2025 and 2024, respectively, and $5,104 and $5,114 for the nine months ended March 31, 2025 and 2024, respectively.
Estimated future amortization expenses as of March 31, 2025 are as follows:
Fiscal years ending June 30:Amount
Remainder of 2025$1,693 
20266,794 
20276,794 
20286,794 
20296,794 
2030 and thereafter62,431 
$91,300