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GOODWILL AND OTHER INTANGIBLE ASSETS
9 Months Ended
Mar. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS
7.
GOODWILL AND OTHER INTANGIBLE ASSETS

The following table presents the carrying amounts of goodwill as of March 30, 2025 and June 30, 2024 for each of the Company's reportable segments.

 

 

Gross Amount

 

 

Accumulated Impairment Losses

 

 

Total

 

MasterCraft

 

$

28,493

 

 

$

 

 

$

28,493

 

Pontoon

 

 

36,238

 

 

 

(36,238

)

 

 

 

Total

 

$

64,731

 

 

$

(36,238

)

 

$

28,493

 

The following table presents the carrying amounts of Other intangible assets, net:

 

 

 

March 30,

 

 

June 30,

 

 

 

2025

 

 

2024

 

 

 

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

 

 

$

(13,200

)

 

$

6,300

 

 

$

19,500

 

 

$

(11,850

)

 

$

7,650

 

Software

 

245

 

 

 

(245

)

 

 

 

 

245

 

 

 

(245

)

 

 

 

 

 

 

19,745

 

 

 

(13,445

)

 

 

6,300

 

 

 

19,745

 

 

 

(12,095

)

 

 

7,650

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unamortized intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

 

33,000

 

 

 

(7,000

)

 

 

26,000

 

 

 

33,000

 

 

 

(7,000

)

 

 

26,000

 

Total other intangible assets

 

$

52,745

 

 

$

(20,445

)

 

$

32,300

 

 

$

52,745

 

 

$

(19,095

)

 

$

33,650

 

 

Amortization expense related to Other intangible assets, net for each of the three months ended March 30, 2025 and March 31, 2024, was $0.5 million, and for each of the nine months ended March 30, 2025 and March 31, 2024, was $1.4 million. Estimated amortization expense for the fiscal year ending June 30, 2025 is $1.8 million.