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REVENUE RECOGNITION: (Tables) | 6 Months Ended
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Dec. 31, 2019
Revenue from Contract with Customer [Abstract] |
Disaggregation of revenue | The following table disaggregates revenue by timing of revenue recognition and is reconciled to reportable segment revenues as follows:
|  | Three Months Ended December 31, 2019 |  | Three Months Ended December 31, 2018
|  | Franchise |  | Company-owned |  | Franchise |  | Company-owned
|  | (Dollars in thousands)
Revenue recognized at a point in time: |  |  |  |  |  |  |  |
Service |  | $ | — |  |  | $ | 101,805 |  |  | $ | — |  |  | $ | 190,419 |
Product |  | 16,864 |  |  | 27,119 |  |  | 17,818 |  |  | 43,831 |
Total revenue recognized at a point in time |  | $ | 16,864 |  |  | $ | 128,924 |  |  | $ | 17,818 |  |  | $ | 234,250 |
Revenue recognized over time: |  |  |  |  |  |  |  |
Royalty and other franchise fees |  | $ | 18,644 |  |  | $ | — |  |  | $ | 14,736 |  |  | $ | — |
Advertising fund fees |  | 10,703 |  |  | — |  |  | 7,867 |  |  | — |
Franchise rental income |  | 33,630 |  |  | — |  |  | — |  |  | — |
Total revenue recognized over time |  | 62,977 |  |  | — |  |  | 22,603 |  |  | — |
Total revenue |  | $ | 79,841 |  |  | $ | 128,924 |  |  | $ | 40,421 |  |  | $ | 234,250 |
|  | Six Months Ended December 31, 2019 |  | Six Months Ended December 31, 2018
|  | Franchise |  | Company-owned |  | Franchise |  | Company-owned
|  | (Dollars in thousands)
Revenue recognized at a point in time: |  |  |  |  |  |  |  |
Service |  | $ | — |  |  | $ | 243,746 |  |  | $ | — |  |  | $ | 398,267 |
Product |  | 29,969 |  |  | 59,670 |  |  | 33,447 |  |  | 85,793 |
Total revenue recognized at a point in time |  | $ | 29,969 |  |  | $ | 303,416 |  |  | $ | 33,447 |  |  | $ | 484,060 |
Revenue recognized over time: |  |  |  |  |  |  |  |
Royalty and other franchise fees |  | $ | 36,235 |  |  | $ | — |  |  | $ | 29,156 |  |  | $ | — |
Advertising fund fees |  | 21,129 |  |  | — |  |  | 15,843 |  |  | — |
Franchise rental income |  | 65,054 |  |  | — |  |  | — |  |  | — |
Total revenue recognized over time |  | 122,418 |  |  | — |  |  | 44,999 |  |  | — |
Total revenue |  | $ | 152,387 |  |  | $ | 303,416 |  |  | $ | 78,446 |  |  | $ | 484,060 |
Schedule of receivables, broker fees and deferred revenue | Information about receivables, broker fees and deferred revenue subject to the amended revenue recognition guidance is as follows:
|  | December 31, 2019 |  | June 30, 2019 |  | Balance Sheet Classification
|  | (Dollars in thousands) |  |
Receivables from contracts with customers, net |  | $ | 22,512 |  |  | $ | 23,210 |  |  | Accounts receivable, net
Broker fees |  | $ | 20,384 |  |  | $ | 17,819 |  |  | Other assets
Deferred revenue: |  |  |  |  |  |
Current |  |  |  |  |  |
Gift card liability |  | $ | 3,461 |  |  | $ | 3,050 |  |  | Accrued expenses
Deferred franchise fees unopened salons |  | 217 |  |  | 193 |  |  | Accrued expenses
Deferred franchise fees open salons |  | 5,042 |  |  | 4,164 |  |  | Accrued expenses
Total current deferred revenue |  | $ | 8,720 |  |  | $ | 7,407 |  |  |
Non-current |  |  |  |  |  |
Deferred franchise fees unopened salons |  | $ | 12,860 |  |  | $ | 15,173 |  |  | Other non-current liabilities
Deferred franchise fees open salons |  | 31,555 |  |  | 24,194 |  |  | Other non-current liabilities
Total non-current deferred revenue |  | $ | 44,415 |  |  | $ | 39,367 |  |  |
Broker fees | The following table is a rollforward of the broker fee balance for the periods indicated (in thousands):
Balance as of June, 30, 2019 |  | $ | 17,819 |
Additions |  | 3,938 |
Amortization |  | (1,341 | )
Write-offs |  | (32 | )
Balance as of December, 31, 2019 |  | $ | 20,384 |
Estimated revenue expected to be recognized | Estimated revenue expected to be recognized in the future related to deferred franchise fees for open salons as of December 31, 2019 is as follows (in thousands):
Remainder of 2020 |  | $ | 2,364 |
2021 |  | 4,930 |
2022 |  | 4,810 |
2023 |  | 4,633 |
2024 |  | 4,398 |
Thereafter |  | 15,462 |
Total |  | $ | 36,597 |

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