GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Dec. 29, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

6.GOODWILL AND OTHER INTANGIBLE ASSETS

The carrying amounts of goodwill as of December 29, 2019 and June 30, 2019, attributable to each of the Company’s reportable segments, were as follows:

	Gross Amount		Accumulated Impairment Losses			Total
MasterCraft	$	29,593	$	-		$	29,593
NauticStar		36,199		(28,000	)		8,199
Crest		36,238		-			36,238
Total	$	102,030	$	(28,000	)	$	74,030

The following table presents the carrying amount of Other intangible assets, net as of December 29, 2019 and June 30, 2019.

	December 29,							June 30,
	2019							2019
	Gross Amount		Accumulated Amortization / Impairment			Other intangible assets, net		Gross Amount		Accumulated Amortization / Impairment			Other intangible assets, net
Amortized intangible assets
Dealer networks	$	39,500	$	(7,860	)	$	31,640	$	39,500	$	(5,909	)	$	33,591
Software		245		(61	)		184		245		(37	)		208
		39,745		(7,921	)		31,824		39,745		(5,946	)		33,799

Unamortized intangible assets
Trade names		49,000		(3,000	)		46,000		49,000		(3,000	)		46,000
Total other intangible assets	$	88,745	$	(10,921	)	$	77,824	$	88,745	$	(8,946	)	$	79,799

Amortization expense related to Other intangible assets, net for the three and six months ended December 29, 2019 was $1.0 million and $2.0 million, respectively. Amortization expense related to Other intangible assets, net for the three and six months ended December 30, 2018 was $1.0 million and $1.5 million, respectively. Estimated amortization expense for the fiscal year ended June 30, 2020 is $4.0 million.

During the fiscal fourth quarter of the year ended June 30, 2019, the Company recorded a $28.0 million impairment of goodwill and a $3.0 million impairment of trade name in our NauticStar segment. If actual performance or assumptions underlying the fair value of recorded goodwill for any reportable segment falls short of expected results, additional material impairment charges may be required.

During the three and six months ended December 29, 2019, the Company assessed all reporting units for triggering events that could indicate the need to perform an impairment test and concluded there were no such triggering events during the periods.