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REVENUE RECOGNITION
9 Months Ended
Mar. 29, 2020
Revenue From Contract With Customer [Abstract]  
REVENUE RECOGNITION

2.

REVENUE RECOGNITION

The following tables present the Company’s revenue from contracts with customers by major product category and reportable segment.

 

 

 

Three Months Ended March 29, 2020

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest

 

 

Total

 

Major Product Categories:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Boats and trailers

 

$

68,684

 

 

$

14,053

 

 

$

17,696

 

 

$

100,433

 

Parts

 

 

1,705

 

 

 

103

 

 

 

136

 

 

 

1,944

 

Other revenue

 

 

142

 

 

 

 

 

 

43

 

 

 

185

 

Total

 

$

70,531

 

 

$

14,156

 

 

$

17,875

 

 

$

102,562

 

 

 

 

Nine Months Ended March 29, 2020

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest(a)

 

 

Total

 

Major Product Categories:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Boats and trailers

 

$

204,303

 

 

$

47,372

 

 

$

52,417

 

 

$

304,092

 

Parts

 

 

6,411

 

 

 

349

 

 

 

437

 

 

 

7,197

 

Other revenue

 

 

487

 

 

 

6

 

 

 

197

 

 

 

690

 

Total

 

$

211,201

 

 

$

47,727

 

 

$

53,051

 

 

$

311,979

 

 

 

 

Three Months Ended March 31, 2019

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest

 

 

Total

 

Major Product Categories:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Boats and trailers

 

$

77,329

 

 

$

21,624

 

 

$

27,065

 

 

$

126,018

 

Parts

 

 

1,798

 

 

 

22

 

 

 

166

 

 

 

1,986

 

Other revenue

 

 

304

 

 

 

6

 

 

 

76

 

 

 

386

 

Total

 

$

79,431

 

 

$

21,652

 

 

$

27,307

 

 

$

128,390

 

 

 

 

Nine Months Ended March 31, 2019

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest(a)

 

 

Total

 

Major Product Categories:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Boats and trailers

 

$

224,604

 

 

$

58,187

 

 

$

52,819

 

 

$

335,610

 

Parts

 

 

6,464

 

 

 

57

 

 

 

252

 

 

 

6,773

 

Other revenue

 

 

994

 

 

 

11

 

 

 

184

 

 

 

1,189

 

Total

 

$

232,062

 

 

$

58,255

 

 

$

53,255

 

 

$

343,572

 

 

 

(a)

Crest was acquired on October 1, 2018.

 

Contract Liabilities

 

As of June 30, 2019, the Company had $0.8 million of contract liabilities associated with customer deposits. During the nine months ended March 29, 2020, all of this amount was recognized as revenue. As of March 29, 2020, total contract liabilities associated with customer deposits were $0.4 million, were reported in Accrued expenses and other current liabilities on the condensed consolidated balance sheet, and are expected to be recognized as revenue during the remainder of the year ended June 30, 2020.