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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Reallocation and Impairment Charges

Goodwill reallocation and impairment charge for the year ended June 30, 2022, were as follows:

 

 

MasterCraft

 

 

Aviara

 

 

Total

 

Goodwill, net at June 30, 2021

 

$

29,593

 

 

$

 

 

$

29,593

 

Goodwill reallocation

 

 

(1,100

)

 

 

1,100

 

 

 

 

Impairment loss

 

 

 

 

 

(1,100

)

 

 

(1,100

)

Goodwill, net at June 30, 2022

 

$

28,493

 

 

$

 

 

$

28,493

 

Schedule of Carrying Amounts of Goodwill

The following table presents the carrying amounts of goodwill as of June 30, 2023 and 2022 for each of the Company's reportable segments.

 

 

Gross Amount

 

 

Accumulated Impairment Losses

 

 

Total

 

MasterCraft

 

$

28,493

 

 

$

-

 

 

$

28,493

 

Crest

 

 

36,238

 

 

 

(36,238

)

 

 

-

 

Aviara

 

 

1,100

 

 

 

(1,100

)

 

 

-

 

Total

 

$

65,831

 

 

$

(37,338

)

 

$

28,493

 

Schedule of Carrying Amount of Other Intangible Assets, Net

The following table presents the carrying amount of Other intangible assets, net as of June 30, 2023 and 2022.

 

 

June 30,

 

 

June 30,

 

 

 

2023

 

 

2022

 

 

 

Gross Amount

 

 

Accumulated Amortization / Impairment

 

 

Other intangible assets, net

 

 

Gross Amount

 

 

Accumulated Amortization / Impairment

 

 

Other intangible assets, net

 

Amortized intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dealer networks

 

$

19,500

 

 

$

(10,050

)

 

$

9,450

 

 

$

19,500

 

 

$

(8,143

)

 

$

11,357

 

Software

 

245

 

 

 

(233

)

 

 

12

 

 

245

 

 

 

(184

)

 

 

61

 

 

 

 

19,745

 

 

 

(10,283

)

 

 

9,462

 

 

 

19,745

 

 

 

(8,327

)

 

 

11,418

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unamortized intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

 

33,000

 

 

 

(7,000

)

 

 

26,000

 

 

 

33,000

 

 

 

(7,000

)

 

 

26,000

 

Total other intangible assets

 

$

52,745

 

 

$

(17,283

)

 

$

35,462

 

 

$

52,745

 

 

$

(15,327

)

 

$

37,418

 

 

Schedule of Estimated Future Amortization Expense

The following table presents estimated future amortization expense for the next five fiscal years and thereafter.

Fiscal years ending June 30,

 

 

 

2024

 

$

1,812

 

2025

 

 

1,800

 

2026

 

 

1,800

 

2027

 

 

1,800

 

2028

 

 

1,800

 

and thereafter

 

 

450

 

Total

 

$

9,462