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LEASES (Tables) | 12 Months Ended
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Jun. 30, 2020
Leases [Abstract] |
Schedule of Rent Expenses |
| June 30, |  |  |  |
| 2020 |  | 2019 |  | 2018
| (Dollars in thousands) |  |  |  |
Minimum rent (1) | $ | 60,703 |  |  | $ | 108,892 |  |  | $ | 157,828 |
Percentage rent based on sales | 2,043 |  |  | 4,754 |  |  | 4,324 |
Real estate taxes and other expenses | 13,636 |  |  | 18,170 |  |  | 20,944 |
Total | $ | 76,382 |  |  | $ | 131,816 |  |  | $ | 183,096 |
_______________________________________________________________________________ (1)Pursuant to ASC 420, fiscal year 2018 includes lease termination and other related closure costs of $27.3 million and a deferred rent benefit of $3.3 million related to restructuring of the company-owned SmartStyle portfolio that occurred in January 2018.
Lessor, Future Operating Lease Commitments | As of June 30, 2020, future operating lease commitments to be paid and received by the Company were as follows:
Fiscal Year |  | Leases For Franchise Salons |  | Leases For Company-Owned Salons |  | Corporate Leases |  | Total Operating Lease Payments |  | Sublease Income To Be Received From Franchisees |  | Net Rent Commitments
2021 |  | $ | 121,149 |  |  | $ | 43,705 |  |  | $ | 1,781 |  |  | $ | 166,635 |  |  | $ | (121,149) |  |  | $ | 45,486 |
2022 |  | 110,951 |  |  | 36,628 |  |  | 1,410 |  |  | 148,989 |  |  | (110,951) |  |  | 38,038 |
2023 |  | 100,640 |  |  | 31,943 |  |  | 1,447 |  |  | 134,030 |  |  | (100,640) |  |  | 33,390 |
2024 |  | 90,649 |  |  | 28,057 |  |  | 1,484 |  |  | 120,190 |  |  | (90,649) |  |  | 29,541 |
2025 |  | 79,398 |  |  | 23,746 |  |  | 1,522 |  |  | 104,666 |  |  | (79,398) |  |  | 25,268 |
Thereafter |  | 190,793 |  |  | 59,994 |  |  | 7,818 |  |  | 258,605 |  |  | (190,793) |  |  | 67,812 |
Total future obligations |  | $ | 693,580 |  |  | $ | 224,073 |  |  | $ | 15,462 |  |  | $ | 933,115 |  |  | $ | (693,580) |  |  | $ | 239,535 |
Less amounts representing interest |  | 85,432 |  |  | 27,193 |  |  | 2,765 |  |  | 115,390 |  |  |  |  |
Present value of lease liabilities |  | $ | 608,148 |  |  | $ | 196,880 |  |  | $ | 12,697 |  |  | $ | 817,725 |  |  |  |  |
Less current lease liabilities |  | 99,217 |  |  | 36,767 |  |  | 1,287 |  |  | 137,271 |  |  |  |  |
Long-term lease liabilities |  | $ | 508,931 |  |  | $ | 160,113 |  |  | $ | 11,410 |  |  | $ | 680,454 |  |  |  |  |
Lessee, Future Operating Lease Commitments | As of June 30, 2020, future operating lease commitments to be paid and received by the Company were as follows:
Fiscal Year |  | Leases For Franchise Salons |  | Leases For Company-Owned Salons |  | Corporate Leases |  | Total Operating Lease Payments |  | Sublease Income To Be Received From Franchisees |  | Net Rent Commitments
2021 |  | $ | 121,149 |  |  | $ | 43,705 |  |  | $ | 1,781 |  |  | $ | 166,635 |  |  | $ | (121,149) |  |  | $ | 45,486 |
2022 |  | 110,951 |  |  | 36,628 |  |  | 1,410 |  |  | 148,989 |  |  | (110,951) |  |  | 38,038 |
2023 |  | 100,640 |  |  | 31,943 |  |  | 1,447 |  |  | 134,030 |  |  | (100,640) |  |  | 33,390 |
2024 |  | 90,649 |  |  | 28,057 |  |  | 1,484 |  |  | 120,190 |  |  | (90,649) |  |  | 29,541 |
2025 |  | 79,398 |  |  | 23,746 |  |  | 1,522 |  |  | 104,666 |  |  | (79,398) |  |  | 25,268 |
Thereafter |  | 190,793 |  |  | 59,994 |  |  | 7,818 |  |  | 258,605 |  |  | (190,793) |  |  | 67,812 |
Total future obligations |  | $ | 693,580 |  |  | $ | 224,073 |  |  | $ | 15,462 |  |  | $ | 933,115 |  |  | $ | (693,580) |  |  | $ | 239,535 |
Less amounts representing interest |  | 85,432 |  |  | 27,193 |  |  | 2,765 |  |  | 115,390 |  |  |  |  |
Present value of lease liabilities |  | $ | 608,148 |  |  | $ | 196,880 |  |  | $ | 12,697 |  |  | $ | 817,725 |  |  |  |  |
Less current lease liabilities |  | 99,217 |  |  | 36,767 |  |  | 1,287 |  |  | 137,271 |  |  |  |  |
Long-term lease liabilities |  | $ | 508,931 |  |  | $ | 160,113 |  |  | $ | 11,410 |  |  | $ | 680,454 |  |  |  |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=119202524&loc=SL77919396-209981 + Details
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