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GOODWILL AND OTHER INTANGIBLES: (Tables) | 3 Months Ended
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Sep. 30, 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, 2018 |  | $ | 184,788 |  |  | $ | 227,855 |  |  | $ | 412,643 |
Translation rate adjustments |  | 172 |  |  | 479 |  |  | 651 |
Derecognition related to sale of salon assets to franchisees (1) |  | (11,092 | ) |  | — |  |  | (11,092 | )
Goodwill, net at September 30, 2018 |  | $ | 173,868 |  |  | $ | 228,334 |  |  | $ | 402,202 |
_______________________________________________________________________________
(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:
|  | September 30, 2018 |  | June 30, 2018
|  | Cost (1) |  | Accumulated Amortization (1) |  | Net |  | Cost (1) |  | Accumulated Amortization (1) |  | Net
|  | (Dollars in thousands)
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Brand assets and trade names |  | $ | 8,170 |  |  | $ | (4,334 | ) |  | $ | 3,836 |  |  | $ | 8,128 |  |  | $ | (4,260 | ) |  | $ | 3,868 |
Franchise agreements |  | 9,864 |  |  | (7,873 | ) |  | 1,991 |  |  | 9,763 |  |  | (7,712 | ) |  | 2,051 |
Lease intangibles |  | 14,012 |  |  | (9,956 | ) |  | 4,056 |  |  | 13,997 |  |  | (9,770 | ) |  | 4,227 |
Other |  | 2,002 |  |  | (1,563 | ) |  | 439 |  |  | 1,983 |  |  | (1,572 | ) |  | 411 |
|  | $ | 34,048 |  |  | $ | (23,726 | ) |  | $ | 10,322 |  |  | $ | 33,871 |  |  | $ | (23,314 | ) |  | $ | 10,557 |
_______________________________________________________________________________
(1) | The change in the gross carrying value and accumulated amortization of other intangible assets is impacted by foreign currency.

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