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GOODWILL AND OTHER INTANGIBLES: | 6 Months Ended
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Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLES | GOODWILL AND OTHER INTANGIBLES: 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 |  | (337 | ) |  | (936 | ) |  | (1,273 | )
Derecognition related to sale of salon assets to franchisees (1) |  | (17,596 | ) |  | — |  |  | (17,596 | )
Goodwill, net at December 31, 2018 |  | $ | 166,855 |  |  | $ | 226,919 |  |  | $ | 393,774 |
_______________________________________________________________________________
(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.
The table below presents other intangible assets:
|  | December 31, 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 |  | $ | 7,910 |  |  | $ | (4,274 | ) |  | $ | 3,636 |  |  | $ | 8,128 |  |  | $ | (4,260 | ) |  | $ | 3,868 |
Franchise agreements |  | 9,562 |  |  | (7,717 | ) |  | 1,845 |  |  | 9,763 |  |  | (7,712 | ) |  | 2,051 |
Lease intangibles |  | 13,967 |  |  | (10,096 | ) |  | 3,871 |  |  | 13,997 |  |  | (9,770 | ) |  | 4,227 |
Other |  | 1,945 |  |  | (1,561 | ) |  | 384 |  |  | 1,983 |  |  | (1,572 | ) |  | 411 |
|  | $ | 33,384 |  |  | $ | (23,648 | ) |  | $ | 9,736 |  |  | $ | 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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- References No definition available. + Details
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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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