SEGMENT INFORMATION

6 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

SEGMENT INFORMATION

14.SEGMENT INFORMATION

Reportable Segments

Operating segments are identified as components of an enterprise about which discrete financial information is available for evaluation by the CODM in making decisions on how to allocate resources and assess performance. For the three and six months ended December 31, 2023, the Company’s CODM regularly assessed the operating performance of the Company’s boat brands under three operating and reportable segments:

•The MasterCraft segment produces boats at its Vonore, Tennessee facility. These are premium recreational performance sport boats primarily used for water skiing, wakeboarding, wake surfing, and general recreational boating.

•The Crest segment produces pontoon boats at its Owosso, Michigan facility. Crest boats are primarily used for general recreational boating.

•The Aviara segment produces luxury day boats at its Merritt Island, Florida facility. Aviara boats are primarily used for general recreational boating.

Each segment distributes its products through its own independent dealer network. Each segment also has its own management structure which is responsible for the operations of the segment and is directly accountable to the CODM for the operating performance of the segment, which is regularly assessed by the CODM who allocates resources based on that performance.

The Company files a consolidated income tax return and does not allocate income taxes and other corporate-level expenses, including interest, to operating segments. All material corporate costs are included in the MasterCraft segment.

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

	For the Three Months Ended December 31, 2023
	MasterCraft		Crest		Aviara			Consolidated
Net sales	$	72,699	$	17,051	$	9,731			99,481
Operating income (loss)		10,294		469		(3,745	)		7,018
Depreciation and amortization		1,282		816		660			2,758
Purchases of property, plant and equipment		1,407		314		1,994			3,715

	For the Six Months Ended December 31, 2023
	MasterCraft		Crest		Aviara			Consolidated
Net sales	$	148,535	$	35,520	$	19,643		$	203,698
Operating income (loss)		20,584		732		(5,745	)		15,571
Depreciation and amortization		2,583		1,624		1,277			5,484
Purchases of property, plant and equipment		3,616		1,178		3,324			8,118

	For the Three Months Ended January 1, 2023
	MasterCraft		Crest		Aviara			Consolidated
Net sales	$	108,665	$	36,665	$	13,858		$	159,188
Operating income (loss)		22,899		5,071		(1,509	)		26,461
Depreciation and amortization		1,364		721		525			2,610
Purchases of property, plant and equipment		3,173		1,681		1,093			5,947

	For the Six Months Ended January 1, 2023
	MasterCraft		Crest		Aviara			Consolidated
Net sales	$	221,685	$	80,226	$	26,793		$	328,704
Operating income (loss)		46,971		12,614		(902	)		58,683
Depreciation and amortization		2,746		1,403		1,062			5,211
Purchases of property, plant and equipment		5,283		4,203		2,429			11,915

The following table presents total assets for the Company’s reportable segments.

	December 31, 2023		June 30, 2023
Assets:
MasterCraft	$	240,444	$	259,201
Crest		48,130		53,435
Aviara		43,212		41,340
Total assets	$	331,786	$	353,976