v3.22.4
Segment Reporting
6 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company has three reportable segments, Malibu, Saltwater Fishing and Cobalt. The Malibu segment participates in the manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Saltwater Fishing segment participates in the manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group brand boats (Maverick, Cobia, Pathfinder and Hewes). The Cobalt segment participates in the manufacturing, distribution, marketing and sale of Cobalt boats throughout the world.
There is no country outside of the United States from which the Company (a) derived net sales equal to 10% of total net sales for the three and six months ended December 31, 2022, or (b) attributed assets equal to 10% of total assets as of December 31, 2022. Net sales are attributed to countries based on the location of the dealer. The following tables present
financial information for the Company’s reportable segments for the three and six months ended December 31, 2022 and 2021, respectively, and the Company’s financial position at December 31, 2022 and June 30, 2022, respectively:
Three Months Ended December 31, 2022Six Months Ended December 31, 2022
MalibuSaltwater Fishing CobaltConsolidatedMalibuSaltwater FishingCobaltTotal
Net sales$158,166 $105,585 $74,981 $338,732 $303,334 $197,818 $139,791 $640,943 
Income before provision for income taxes$29,055 $11,021 $7,505 $47,581 $56,971 $21,281 $16,457 $94,709 
Three Months Ended December 31, 2021Six Months Ended December 31, 2021
MalibuSaltwater Fishing CobaltConsolidatedMalibuSaltwater FishingCobaltTotal
Net sales$133,453 $75,241 $55,193 $263,887 $251,705 $151,968 $113,711 $517,384 
Income before provision for income taxes$27,668 $5,348 $6,525 $39,541 $48,777 $12,340 $14,441 $75,558 
As of December 31, 2022As of June 30, 2022
Assets  
Malibu$232,843 $264,551 
Saltwater Fishing 413,249 384,684 
Cobalt214,574 202,091 
Total assets$860,666 $851,326