
	Malibu		Saltwater Fishing		Cobalt		Saxdor		Consolidated
Goodwill as of June 30, 2024 1	$	12,099	$	19,525	$	19,791	$	—	$	51,415

Effect of foreign currency changes on goodwill	(109)		—		—		—		(109)
Goodwill as of June 30, 2025	11,990		19,525		19,791		$	—	51,306


Addition related to the acquisition of Saxdor 2	—		—		—		27,501		27,501
Effect of foreign currency changes on goodwill	311		—		—		(429)		(118)
Goodwill as of June 30, 2026	$	12,301	$	19,525	$	19,791	$	27,072	$	78,689


	As of June 30,				Estimated Useful Life (in years)	Weighted Average Remaining Useful Life (in years)
	2026		2025
Definite-lived intangibles:

Dealer relationships	$	178,008	$	131,696	15-20	13.4
Patent	2,600		2,600		15	6.0
Trade name	100		100		15	4.0
Non-compete agreement	—		46		10	0.0
Backlog	7,986				0.92	0.6
Total	188,694		134,442
Less: Accumulated amortization	(55,579)		(44,808)
Total definite-lived intangible assets, net	133,115		89,634
Indefinite-lived intangible:
Trade names	202,050		118,200
Less: Accumulated impairment	(39,200)		(39,200)
Total other intangible assets	$	295,965	$	168,634

During the three months ended March 31, 2024, the Company determined certain indicators of potential impairment existed, warranting an interim impairment assessment of goodwill as of March 31, 2024. The Company performed a goodwill impairment analysis as of March 31, 2024 consistent with the Company’s approach for annual impairment testing, including similar models and inputs. Based on such analysis, the Company determined that its estimated fair value for the Maverick Boat Group reporting unit was less than its carrying value as of March 31, 2024, and the Company recognized an impairment charge of $49,189 for the three months ended March 31, 2024.

Additionally, during the Company's interim impairment evaluation of indefinite-lived intangibles, the Company recorded an impairment charge on trade names of $39,200 related to the Maverick Boat Group reporting unit. This charge was included in Goodwill and other intangible asset impairment on the consolidated statements of operations and comprehensive (loss) income. No other intangible asset impairment loss was recorded in fiscal years 2026, 2025 and 2024.

For more information regarding the 2024 impairment related to the Maverick Boat Group reporting unit, refer to Note 1 of our consolidated financial statements included elsewhere in this report.

Amortization expense recognized on all amortizable intangibles was $10,805, $6,799 and $6,811 for the fiscal years ended June 30, 2026, 2025 and 2024, respectively.

During the third quarter of fiscal year 2026, the Company completed the Saxdor acquisition which resulted in the recognition of $27,501 of Goodwill, $56,104 of amortizable intangible assets, and $86,814 of indefinite-lived intangible assets. Refer to Note 4 — Acquisition, for further details regarding the Saxdor acquisition.