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SEGMENT INFORMATION (Tables)
9 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Schedule of operating information for reportable segments The following tables present financial information for the Company’s reportable segments for the three and nine months ended March 31, 2019 and April 1, 2018, respectively, and the Company’s financial position at March 31, 2019 and June 30, 2018, respectively.

 

 

Three Months Ended March 31, 2019

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest

 

 

Consolidated

 

Net sales

 

$

79,431

 

 

$

21,652

 

 

$

27,307

 

 

$

128,390

 

Cost of sales

 

 

56,216

 

 

 

18,216

 

 

 

22,601

 

 

 

97,033

 

Operating income

 

 

14,620

 

 

 

1,544

 

 

 

2,300

 

 

 

18,464

 

Depreciation and amortization

 

 

868

 

 

 

682

 

 

 

541

 

 

 

2,091

 

 

 

 

Three Months Ended April 1, 2018

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest

 

 

Consolidated

 

Net sales

 

$

69,257

 

 

$

24,554

 

 

$

 

 

$

93,811

 

Cost of sales

 

 

49,823

 

 

 

19,606

 

 

 

 

 

 

69,429

 

Operating income

 

 

12,446

 

 

 

2,753

 

 

 

 

 

 

15,199

 

Depreciation and amortization

 

 

840

 

 

 

616

 

 

 

 

 

 

1,456

 

 

 

 

Nine Months Ended March 31, 2019

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest

 

 

Consolidated

 

Net sales

 

$

232,062

 

 

$

58,255

 

 

$

53,255

 

 

$

343,572

 

Cost of sales

 

 

168,092

 

 

 

49,818

 

 

 

44,029

 

 

 

261,939

 

Operating income

 

 

37,563

 

 

 

2,698

 

 

 

4,535

 

 

 

44,796

 

Depreciation and amortization

 

 

2,405

 

 

 

1,967

 

 

 

1,078

 

 

 

5,450

 

 

 

 

Nine Months Ended April 1, 2018

 

 

 

MasterCraft

 

 

NauticStar

 

 

Crest

 

 

Consolidated

 

Net sales

 

$

192,545

 

 

$

44,750

 

 

$

 

 

$

237,295

 

Cost of sales

 

 

138,565

 

 

 

36,251

 

 

 

 

 

 

174,816

 

Operating income

 

 

32,623

 

 

 

4,422

 

 

 

 

 

 

37,045

 

Depreciation and amortization

 

 

2,447

 

 

 

1,218

 

 

 

 

 

 

3,665

 

 

 

 

As of

March 31,

2019

 

 

As of

June 30,

2018

 

Assets

 

 

 

 

 

 

 

 

MasterCraft

 

$

263,673

 

 

$

170,218

 

NauticStar

 

 

85,618

 

 

 

87,866

 

Crest

 

 

88,911

 

 

 

 

Eliminations

 

 

(163,013

)

 

 

(81,160

)

Total Assets

 

$

275,189

 

 

$

176,924

 

 

 

 

As of

March 31,

2019

 

 

As of

June 30,

2018

 

Goodwill

 

 

 

 

 

 

 

 

MasterCraft

 

$

29,593

 

 

$

29,593

 

NauticStar

 

 

36,199

 

 

 

36,199

 

Crest

 

 

35,968

 

 

 

 

Total Goodwill

 

$

101,760

 

 

$

65,792