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SEGMENT INFORMATION: (Tables) | 6 Months Ended
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Dec. 31, 2017
Segment Reporting [Abstract] |
Schedule of reportable operating segment salons | The Company’s reportable operating segments consisted of the following salons:
|  | December 31, 2017 |  | June 30, 2017
COMPANY-OWNED SALONS: |  |  |  |
SmartStyle/Cost Cutters in Walmart Stores (1) |  | 2,497 |  |  | 2,652 |
Supercuts |  | 954 |  |  | 980 |
Signature Style |  | 1,414 |  |  | 1,468 |
Mall locations (Regis and MasterCuts) |  | — |  |  | 898 |
Total North American Salons |  | 4,865 |  |  | 5,998 |
Total International Salons (2) |  | — |  |  | 275 |
Total Company-owned Salons |  | 4,865 |  |  | 6,273 |
as a percent of total Company-owned and Franchise salons |  | 55.3 | % |  | 70.3 | %
FRANCHISE SALONS: |  |  |  |
SmartStyle in Walmart Stores |  | 210 |  |  | 62 |
Cost Cutters in Walmart Stores |  | 116 |  |  | 114 |
Supercuts |  | 1,730 |  |  | 1,687 |
Signature Style |  | 754 |  |  | 770 |
Total non-mall franchise locations |  | 2,810 |  |  | 2,633 |
Mall franchise locations (Regis and MasterCuts) |  | 849 |  |  | — |
Total North American Salons |  | 3,659 |  |  | 2,633 |
Total International Salons (2) |  | 270 |  |  | 13 |
Total Franchise Salons |  | 3,929 |  |  | 2,646 |
as a percent of total Company-owned and Franchise salons |  | 44.7 | % |  | 29.7 | %
OWNERSHIP INTEREST LOCATIONS: |  |  |  |
Equity ownership interest locations |  | 89 |  |  | 89 |
Grand Total, System-wide |  | 8,883 |  |  | 9,008 |
____________________________________
(1) | In January 2018, the Company closed 597 non-performing Company owned SmartStyle salons.
(2) | Canadian and Puerto Rican salons are included in the North American salon totals.
Schedule of summarized financial information of reportable operating segments | Concurrent with the change in reportable segments, the Company recast its prior period financial information to reflect comparable financial information for the new segment structure. Historical financial information shown in the following table and elsewhere in this filing reflects this change. Financial information concerning the Company's reportable operating segments is shown in the following table:
|  | For the Three Months Ended December 31, 2017
|  | Company-owned |  | Franchise |  | Corporate |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |  |  |
Service |  | $ | 223,214 |  |  | $ | — |  |  | $ | — |  |  | $ | 223,214 |
Product |  | 56,748 |  |  | 15,068 |  |  | — |  |  | 71,816 |
Royalties and fees |  | — |  |  | 13,485 |  |  | — |  |  | 13,485 |
|  | 279,962 |  |  | 28,553 |  |  | — |  |  | 308,515 |
Operating expenses: |  |  |  |  |  |  |  |
Cost of service |  | 134,850 |  |  | — |  |  | — |  |  | 134,850 |
Cost of product |  | 28,044 |  |  | 11,820 |  |  | — |  |  | 39,864 |
Site operating expenses |  | 32,119 |  |  | — |  |  | — |  |  | 32,119 |
General and administrative |  | 17,947 |  |  | 6,869 |  |  | 23,776 |  |  | 48,592 |
Rent |  | 65,159 |  |  | 70 |  |  | 244 |  |  | 65,473 |
Depreciation and amortization |  | 22,054 |  |  | 91 |  |  | 2,806 |  |  | 24,951 |
Total operating expenses |  | 300,173 |  |  | 18,850 |  |  | 26,826 |  |  | 345,849 |
Operating (loss) income |  | (20,211 | ) |  | 9,703 |  |  | (26,826 | ) |  | (37,334 | )
Other (expense) income: |  |  |  |  |  |  |  |
Interest expense |  | — |  |  | — |  |  | (2,169 | ) |  | (2,169 | )
Interest income and other, net |  | — |  |  | — |  |  | 2,362 |  |  | 2,362 |
(Loss) income from continuing operations before income taxes |  | $ | (20,211 | ) |  | $ | 9,703 |  |  | $ | (26,633 | ) |  | $ | (37,141 | )
|  | For the Three Months Ended December 31, 2016
|  | Company-owned |  | Franchise |  | Corporate |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |  |  |
Service |  | $ | 235,609 |  |  | $ | — |  |  | $ | — |  |  | $ | 235,609 |
Product |  | 60,636 |  |  | 7,593 |  |  | — |  |  | 68,229 |
Royalties and fees |  | — |  |  | 11,411 |  |  | — |  |  | 11,411 |
|  | 296,245 |  |  | 19,004 |  |  | — |  |  | 315,249 |
Operating expenses: |  |  |  |  |  |  |  |
Cost of service |  | 151,193 |  |  | — |  |  | — |  |  | 151,193 |
Cost of product |  | 28,783 |  |  | 5,801 |  |  | — |  |  | 34,584 |
Site operating expenses |  | 32,638 |  |  | — |  |  | — |  |  | 32,638 |
General and administrative |  | 11,889 |  |  | 4,968 |  |  | 19,838 |  |  | 36,695 |
Rent |  | 44,881 |  |  | 41 |  |  | 169 |  |  | 45,091 |
Depreciation and amortization |  | 10,203 |  |  | 89 |  |  | 2,354 |  |  | 12,646 |
Total operating expenses |  | 279,587 |  |  | 10,899 |  |  | 22,361 |  |  | 312,847 |
Operating income (loss) |  | 16,658 |  |  | 8,105 |  |  | (22,361 | ) |  | 2,402 |
Other (expense) income: |  |  |  |  |  |  |  |
Interest expense |  | — |  |  | — |  |  | (2,153 | ) |  | (2,153 | )
Interest income and other, net |  | — |  |  | — |  |  | 1,452 |  |  | 1,452 |
Income (loss) from continuing operations before income taxes |  | $ | 16,658 |  |  | $ | 8,105 |  |  | $ | (23,062 | ) |  | $ | 1,701 |
|  | For the Six Months Ended December 31, 2017
|  | Company-owned |  | Franchise |  | Corporate |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |  |  |
Service |  | $ | 458,773 |  |  | $ | — |  |  | $ | — |  |  | $ | 458,773 |
Product |  | 109,966 |  |  | 22,790 |  |  | — |  |  | 132,756 |
Royalties and fees |  | — |  |  | 26,859 |  |  | — |  |  | 26,859 |
|  | 568,739 |  |  | 49,649 |  |  | — |  |  | 618,388 |
Operating expenses: |  |  |  |  |  |  |  |
Cost of service |  | 274,686 |  |  | — |  |  | — |  |  | 274,686 |
Cost of product |  | 52,491 |  |  | 17,535 |  |  | — |  |  | 70,026 |
Site operating expenses |  | 65,422 |  |  | — |  |  | — |  |  | 65,422 |
General and administrative |  | 33,771 |  |  | 12,415 |  |  | 37,572 |  |  | 83,758 |
Rent |  | 107,282 |  |  | 117 |  |  | 490 |  |  | 107,889 |
Depreciation and amortization |  | 31,948 |  |  | 183 |  |  | 5,075 |  |  | 37,206 |
Total operating expenses |  | 565,600 |  |  | 30,250 |  |  | 43,137 |  |  | 638,987 |
Operating income (loss) |  | 3,139 |  |  | 19,399 |  |  | (43,137 | ) |  | (20,599 | )
Other (expense) income: |  |  |  |  |  |  |  |
Interest expense |  | — |  |  | — |  |  | (4,307 | ) |  | (4,307 | )
Interest income and other, net |  | — |  |  | — |  |  | 3,389 |  |  | 3,389 |
Income (loss) from continuing operations before income taxes |  | $ | 3,139 |  |  | $ | 19,399 |  |  | $ | (44,055 | ) |  | $ | (21,517 | )
|  | For the Six Months Ended December 31, 2016
|  | Company-owned |  | Franchise |  | Corporate |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |  |  |
Service |  | $ | 478,700 |  |  | $ | — |  |  | $ | — |  |  | $ | 478,700 |
Product |  | 116,949 |  |  | 14,996 |  |  | — |  |  | 131,945 |
Royalties and fees |  | — |  |  | 23,435 |  |  | — |  |  | 23,435 |
|  | 595,649 |  |  | 38,431 |  |  | — |  |  | 634,080 |
Operating expenses: |  |  |  |  |  |  |  |
Cost of service |  | 301,990 |  |  | — |  |  | — |  |  | 301,990 |
Cost of product |  | 54,130 |  |  | 11,269 |  |  | — |  |  | 65,399 |
Site operating expenses |  | 65,283 |  |  | — |  |  | — |  |  | 65,283 |
General and administrative |  | 23,431 |  |  | 10,365 |  |  | 38,815 |  |  | 72,611 |
Rent |  | 90,893 |  |  | 83 |  |  | 348 |  |  | 91,324 |
Depreciation and amortization |  | 19,798 |  |  | 179 |  |  | 4,778 |  |  | 24,755 |
Total operating expenses |  | 555,525 |  |  | 21,896 |  |  | 43,941 |  |  | 621,362 |
Operating income (loss) |  | 40,124 |  |  | 16,535 |  |  | (43,941 | ) |  | 12,718 |
Other (expense) income: |  |  |  |  |  |  |  |
Interest expense |  | — |  |  | — |  |  | (4,316 | ) |  | (4,316 | )
Interest income and other, net |  | — |  |  | — |  |  | 1,779 |  |  | 1,779 |
Income (loss) from continuing operations before income taxes |  | $ | 40,124 |  |  | $ | 16,535 |  |  | $ | (46,478 | ) |  | $ | 10,181 |

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