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SEGMENT INFORMATION: (Tables) | 6 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Schedule of reportable operating segment salons | The Company’s reportable operating segments consisted of the following salons:
|  | December 31, 2018 |  | June 30, 2018
COMPANY-OWNED SALONS: |  |  |  |
SmartStyle/Cost Cutters in Walmart Stores |  | 1,615 |  |  | 1,660 |
Supercuts |  | 760 |  |  | 928 |
Signature Style |  | 1,293 |  |  | 1,378 |
Total Company-owned Salons |  | 3,668 |  |  | 3,966 |
as a percent of total Company-owned and Franchise salons |  | 46.2 | % |  | 49.1 | %
FRANCHISE SALONS: |  |  |  |
SmartStyle/Cost Cutters in Walmart Stores |  | 594 |  |  | 561 |
Supercuts |  | 1,930 |  |  | 1,739 |
Signature Style |  | 747 |  |  | 745 |
Total franchise locations, excluding TBG |  | 3,271 |  |  | 3,045 |
as a percent of total Company-owned and Franchise salons |  | 41.2 | % |  | 37.7 | %
Total North America TBG Salons (1) |  | 732 |  |  | 807 |
as a percent of total Company-owned and Franchise salons |  | 9.2 | % |  | 10.0 | %
Total North American Salons |  | 4,003 |  |  | 3,852 |
Total International TBG Salons (1) |  | 263 |  |  | 262 |
as a percent of total Company-owned and Franchise salons |  | 3.3 | % |  | 3.2 | %
Total Franchise Salons |  | 4,266 |  |  | 4,114 |
as a percent of total Company-owned and Franchise salons |  | 53.8 | % |  | 50.9 | %
OWNERSHIP INTEREST LOCATIONS: |  |  |  |
Equity ownership interest locations |  | 87 |  |  | 88 |
Grand Total, System-wide |  | 8,021 |  |  | 8,168 |
____________________________________
(1) | Canadian and Puerto Rican salons are included in the North American salon totals.
Schedule of summarized financial information of reportable operating segments | Financial information concerning the Company's reportable operating segments is shown in the following table:
|  | For the Three Months Ended December 31, 2018
|  | Company-owned |  | Franchise |  | Corporate |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |  |  |
Service |  | $ | 190,419 |  |  | $ | — |  |  | $ | — |  |  | $ | 190,419 |
Product |  | 43,831 |  |  | 17,818 |  |  | — |  |  | 61,649 |
Royalties and fees |  | — |  |  | 22,603 |  |  | — |  |  | 22,603 |
|  | 234,250 |  |  | 40,421 |  |  | — |  |  | 274,671 |
Operating expenses: |  |  |  |  |  |  |  |
Cost of service |  | 114,931 |  |  | — |  |  | — |  |  | 114,931 |
Cost of product |  | 21,901 |  |  | 14,449 |  |  | — |  |  | 36,350 |
Site operating expenses |  | 27,696 |  |  | 7,867 |  |  | — |  |  | 35,563 |
General and administrative |  | 14,198 |  |  | 9,466 |  |  | 22,172 |  |  | 45,836 |
Rent |  | 34,258 |  |  | 184 |  |  | 200 |  |  | 34,642 |
Depreciation and amortization |  | 6,728 |  |  | 215 |  |  | 1,957 |  |  | 8,900 |
Total operating expenses |  | 219,712 |  |  | 32,181 |  |  | 24,329 |  |  | 276,222 |
Operating income (loss) |  | 14,538 |  |  | 8,240 |  |  | (24,329 | ) |  | (1,551 | )
Other (expense) income: |  |  |  |  |  |  |  |
Interest expense |  | — |  |  | — |  |  | (1,072 | ) |  | (1,072 | )
Loss from sale of salon assets to franchisees, net |  | — |  |  | — |  |  | 2,865 |  |  | 2,865 |
Interest income and other, net |  | — |  |  | — |  |  | 629 |  |  | 629 |
Income (loss) from continuing operations before income taxes |  | $ | 14,538 |  |  | $ | 8,240 |  |  | $ | (21,907 | ) |  | $ | 871 |
|  | For the Three Months Ended December 31, 2017
|  | Company-owned |  | Franchise |  | Corporate |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |  |  |
Service |  | $ | 223,278 |  |  | $ | — |  |  | $ | — |  |  | $ | 223,278 |
Product |  | 56,764 |  |  | 15,068 |  |  | — |  |  | 71,832 |
Royalties and fees |  | — |  |  | 18,739 |  |  | — |  |  | 18,739 |
|  | 280,042 |  |  | 33,807 |  |  | — |  |  | 313,849 |
Operating expenses: |  |  |  |  |  |  |  |
Cost of service |  | 134,850 |  |  | — |  |  | — |  |  | 134,850 |
Cost of product |  | 28,044 |  |  | 11,820 |  |  | — |  |  | 39,864 |
Site operating expenses |  | 32,119 |  |  | 6,479 |  |  | — |  |  | 38,598 |
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 |  |  | 25,329 |  |  | 26,826 |  |  | 352,328 |
Operating income (loss) |  | (20,131 | ) |  | 8,478 |  |  | (26,826 | ) |  | (38,479 | )
Other (expense) income: |  |  |  |  |  |  |  |
Interest expense |  | — |  |  | — |  |  | (2,169 | ) |  | (2,169 | )
Gain from sale of salon assets to franchisees, net |  | — |  |  | — |  |  | (104 | ) |  | (104 | )
Interest income and other, net |  | — |  |  | — |  |  | 2,019 |  |  | 2,019 |
Income (loss) from continuing operations before income taxes |  | $ | (20,131 | ) |  | $ | 8,478 |  |  | $ | (27,080 | ) |  | $ | (38,733 | )
|  | For the Six Months Ended December 31, 2018
|  | Company-owned |  | Franchise |  | Corporate |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |  |  |
Service |  | $ | 398,267 |  |  | $ | — |  |  | $ | — |  |  | $ | 398,267 |
Product |  | 85,793 |  |  | 33,447 |  |  | — |  |  | 119,240 |
Royalties and fees |  | — |  |  | 44,999 |  |  | — |  |  | 44,999 |
|  | 484,060 |  |  | 78,446 |  |  | — |  |  | 562,506 |
Operating expenses: |  |  |  |  |  |  |  |
Cost of service |  | 236,428 |  |  | — |  |  | — |  |  | 236,428 |
Cost of product |  | 41,669 |  |  | 26,862 |  |  | — |  |  | 68,531 |
Site operating expenses |  | 56,541 |  |  | 15,843 |  |  | — |  |  | 72,384 |
General and administrative |  | 30,579 |  |  | 17,130 |  |  | 45,854 |  |  | 93,563 |
Rent |  | 69,944 |  |  | 278 |  |  | 398 |  |  | 70,620 |
Depreciation and amortization |  | 14,785 |  |  | 373 |  |  | 3,944 |  |  | 19,102 |
Total operating expenses |  | 449,946 |  |  | 60,486 |  |  | 50,196 |  |  | 560,628 |
Operating income (loss) |  | 34,114 |  |  | 17,960 |  |  | (50,196 | ) |  | 1,878 |
Other (expense) income: |  |  |  |  |  |  |  |
Interest expense |  | — |  |  | — |  |  | (2,078 | ) |  | (2,078 | )
Loss from sale of salon assets to franchisees, net |  | — |  |  | — |  |  | (1,095 | ) |  | (1,095 | )
Interest income and other, net |  | — |  |  | — |  |  | 989 |  |  | 989 |
Income (loss) from continuing operations before income taxes |  | $ | 34,114 |  |  | $ | 17,960 |  |  | $ | (52,380 | ) |  | $ | (306 | )
|  | For the Six Months Ended December 31, 2017
|  | Company-owned |  | Franchise |  | Corporate |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |  |  |
Service |  | $ | 458,908 |  |  | $ | — |  |  | $ | — |  |  | $ | 458,908 |
Product |  | 110,000 |  |  | 22,790 |  |  | — |  |  | 132,790 |
Royalties and fees |  | — |  |  | 37,615 |  |  | — |  |  | 37,615 |
|  | 568,908 |  |  | 60,405 |  |  | — |  |  | 629,313 |
Operating expenses: |  |  |  |  |  |  |  |
Cost of service |  | 274,686 |  |  | — |  |  | — |  |  | 274,686 |
Cost of product |  | 52,491 |  |  | 17,535 |  |  | — |  |  | 70,026 |
Site operating expenses |  | 65,422 |  |  | 13,205 |  |  | — |  |  | 78,627 |
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 |  |  | 43,455 |  |  | 43,137 |  |  | 652,192 |
Operating income (loss) |  | 3,308 |  |  | 16,950 |  |  | (43,137 | ) |  | (22,879 | )
Other (expense) income: |  |  |  |  |  |  |  |
Interest expense |  | — |  |  | — |  |  | (4,307 | ) |  | (4,307 | )
Gain from sale of salon assets to franchisees, net |  | — |  |  | — |  |  | 18 |  |  | 18 |
Interest income and other, net |  | — |  |  | — |  |  | 2,439 |  |  | 2,439 |
Income (loss) from continuing operations before income taxes |  | $ | 3,308 |  |  | $ | 16,950 |  |  | $ | (44,987 | ) |  | $ | (24,729 | )

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