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GOODWILL AND OTHER INTANGIBLES: (Tables) | 9 Months Ended
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Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of recorded goodwill | The table below contains details related to the Company's goodwill:
|  | Company-owned |  | Franchise |  | Consolidated
|  | (Dollars in thousands)
Goodwill, net at June 30, 2017 |  | $ | 188,888 |  |  | $ | 228,099 |  |  | $ | 416,987 |
Translation rate adjustments |  | 104 |  |  | 126 |  |  | 230 |
Derecognition related to sale of salon assets to franchisees (1) |  | (1,714 | ) |  | — |  |  | (1,714 | )
Goodwill, net at March 31, 2018 |  | $ | 187,278 |  |  | $ | 228,225 |  |  | $ | 415,503 |
_______________________________________________________________________________
(1) | Goodwill is derecognized for salons sold to franchisees with positive cash flows. The amount of goodwill derecognized is determined by a fraction (the numerator of which is the trailing-twelve months EBITDA of the salon being sold and the denominator of which is the estimated annualized EBITDA of the Company-owned reporting unit) that is applied to the total goodwill balance of the Company-owned reporting unit.
Schedule of other intangible assets | The table below presents other intangible assets:
|  | March 31, 2018 |  | June 30, 2017
|  | Cost (1) |  | Accumulated Amortization (1) |  | Net |  | Cost (1) |  | Accumulated Amortization (1) |  | Net
|  | (Dollars in thousands)
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Brand assets and trade names |  | $ | 8,218 |  |  | $ | (4,234 | ) |  | $ | 3,984 |  |  | $ | 8,187 |  |  | $ | (4,013 | ) |  | $ | 4,174 |
Franchise agreements |  | 9,867 |  |  | (7,708 | ) |  | 2,159 |  |  | 9,832 |  |  | (7,433 | ) |  | 2,399 |
Lease intangibles |  | 14,012 |  |  | (9,606 | ) |  | 4,406 |  |  | 14,007 |  |  | (9,077 | ) |  | 4,930 |
Other |  | 1,970 |  |  | (1,584 | ) |  | 386 |  |  | 1,994 |  |  | (1,532 | ) |  | 462 |
|  | $ | 34,067 |  |  | $ | (23,132 | ) |  | $ | 10,935 |  |  | $ | 34,020 |  |  | $ | (22,055 | ) |  | $ | 11,965 |
_____________________________
(1) | The change in the gross carrying value and accumulated amortization of other intangible assets is impacted by foreign currency.

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
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