Goodwill and Other Intangible Assets

12 Months Ended

Jun. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill for the fiscal year ended June 30, 2016 were as follows:



Goodwill as of June 30, 2014	$	5,718
Addition related to acquisition of Malibu Boats Pty. Ltd.	7,959
Effect of foreign currency changes on goodwill	(1,012		)
Goodwill as of June 30, 2015	12,665
Effect of foreign currency changes on goodwill	(195		)
Goodwill as of June 30, 2016	$	12,470

The components of other intangible assets were as follows:



	As of June 30,						Estimated Useful Life (in years)	Weighted Average Remaining Useful Life (in years)
	2016			2015			Estimated Useful Life (in years)	Weighted Average Remaining Useful Life (in years)
Reacquired franchise rights	$	1,339		$	1,378		5	3.3
Dealer relationships	29,773			29,842			8-15	13.3
Patent	1,386			1,386			12	2.1
Trade name	24,667			24,667			15	5.2
Non-compete agreement	52			54			10	8.3
Backlog	93			96			0.3	0.0
Total	57,310			57,423
Less: Accumulated amortization	(45,607		)	(43,428		)
Total other intangible assets, net	$	11,703		$	13,995

Amortization expense recognized on all amortizable intangibles was $2,185, $2,463 and $5,177 for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.

Estimated future amortization expenses as of June 30, 2016 are as follows:



Fiscal Year	As of June 30, 2016
2017	$	2,192
2018	2,192
2019	2,086
2020	1,892
2021	1,808
Thereafter	1,533
	$	11,703

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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