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SEGMENT INFORMATION (Tables)
12 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Schedule of Operating Information for Reportable Segments

Selected financial information for the Company’s reportable segments was as follows:

 

 

 

For the Year Ended June 30, 2021

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest

 

 

Consolidated

 

Net sales

 

$

363,274

 

 

$

59,846

 

 

$

102,688

 

 

$

525,808

 

Operating income (loss)

 

 

65,038

 

 

 

(2,690

)

 

 

13,605

 

 

 

75,953

 

Depreciation and amortization

 

 

5,865

 

 

 

3,262

 

 

 

2,503

 

 

 

11,630

 

Purchases of property, plant and equipment

 

 

24,327

 

 

 

2,643

 

 

 

892

 

 

 

27,862

 

 

 

 

 

For the Year Ended June 30, 2020

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest

 

 

Consolidated

 

Net sales

 

$

246,455

 

 

$

54,930

 

 

$

61,688

 

 

$

363,073

 

Operating income (loss)

 

 

33,229

 

 

 

(17,681

)

 

 

(42,115

)

 

 

(26,567

)

Depreciation and amortization

 

 

4,679

 

 

 

3,454

 

 

 

2,394

 

 

 

10,527

 

Goodwill and other intangible asset impairment

 

 

 

 

 

13,199

 

 

 

43,238

 

 

 

56,437

 

Purchases of property, plant and equipment

 

 

6,193

 

 

 

2,804

 

 

 

5,244

 

 

 

14,241

 

 

 

 

For the Year Ended June 30, 2019

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest(a)

 

 

Consolidated

 

Net sales

 

$

311,830

 

 

$

77,995

 

 

 

76,556

 

 

$

466,381

 

Operating income (loss)

 

 

53,989

 

 

 

(27,785

)

 

 

7,055

 

 

 

33,259

 

Depreciation and amortization

 

 

3,481

 

 

 

2,684

 

 

 

1,622

 

 

 

7,787

 

Goodwill and other intangible asset impairment

 

 

 

 

 

31,000

 

 

 

 

 

 

31,000

 

Purchases of property, plant and equipment

 

 

11,730

 

 

 

2,069

 

 

 

265

 

 

 

14,064

 

 

(a)   Crest was acquired on October 1, 2018.

The following table presents total assets for the Company’s reportable segments as of June 30, 2021, and 2020.

 

 

 

2021

 

 

2020

 

Assets:

 

 

 

 

 

 

 

 

MasterCraft

 

$

353,088

 

 

$

294,139

 

NauticStar

 

 

44,181

 

 

 

36,720

 

Crest

 

 

42,204

 

 

 

40,077

 

Eliminations

 

 

(163,013

)

 

 

(163,013

)

Total assets

 

$

276,460

 

 

$

207,923