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GOODWILL AND OTHER INTANGIBLES: (Tables) | 6 Months Ended
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Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of recorded goodwill | The table below contains details related to the Company's goodwill:
|  | Franchise |  | Company-owned |  | Consolidated
|  | (Dollars in thousands)
Goodwill, net at June 30, 2019 |  | $ | 227,928 |  |  | $ | 117,790 |  |  | $ | 345,718 |
Translation rate adjustments |  | 139 |  |  | (73 | ) |  | 66 |
Derecognition related to sale of salon assets to franchisees (1) |  | — |  |  | (52,765 | ) |  | (52,765 | )
Goodwill, net at December 31, 2019 |  | $ | 228,067 |  |  | $ | 64,952 |  |  | $ | 293,019 |
_______________________________________________________________________________
(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:
|  | December 31, 2019 |  | June 30, 2019
|  | Cost (1) |  | Accumulated Amortization (1) |  | Net |  | Cost (1) |  | Accumulated Amortization (1) |  | Net
|  | (Dollars in thousands)
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Brand assets and trade names |  | $ | 6,938 |  |  | $ | (3,786 | ) |  | $ | 3,152 |  |  | $ | 6,909 |  |  | $ | (3,659 | ) |  | $ | 3,250 |
Franchise agreements |  | 9,817 |  |  | (8,250 | ) |  | 1,567 |  |  | 9,783 |  |  | (8,057 | ) |  | 1,726 |
Lease intangibles |  | 13,495 |  |  | (10,406 | ) |  | 3,089 |  |  | 13,490 |  |  | (10,065 | ) |  | 3,425 |
Other |  | 884 |  |  | (533 | ) |  | 351 |  |  | 883 |  |  | (523 | ) |  | 360 |
|  | $ | 31,134 |  |  | $ | (22,975 | ) |  | $ | 8,159 |  |  | $ | 31,065 |  |  | $ | (22,304 | ) |  | $ | 8,761 |
_______________________________________________________________________________ (1) The change in the gross carrying value and accumulated amortization of other intangible assets is impacted by foreign currency.

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