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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Sep. 30, 2021
Segment Reporting [Abstract] |
Schedule of reportable operating segment salons | The Company's reportable operating segments consisted of the following salons:
|  | September 30, 2021 |  | June 30, 2021
FRANCHISE SALONS: |  |  |  |
SmartStyle/Cost Cutters in Walmart Stores |  | 1,676 |  |  | 1,666 |
Supercuts |  | 2,369 |  |  | 2,386 |
Portfolio Brands |  | 1,391 |  |  | 1,357 |
Total North American salons |  | 5,436 |  |  | 5,409 |
Total International salons (1) |  | 151 |  |  | 154 |
Total Franchise salons |  | 5,587 |  |  | 5,563 |
as a percent of total Franchise and Company-owned salons |  | 96.9 | % |  | 95.3 | %
COMPANY-OWNED SALONS: |  |  |  |
SmartStyle/Cost Cutters in Walmart Stores |  | 67 |  |  | 91 |
Supercuts |  | 24 |  |  | 35 |
Portfolio Brands |  | 88 |  |  | 150 |
Total Company-owned salons |  | 179 |  |  | 276 |
as a percent of total Franchise and Company-owned salons |  | 3.1 | % |  | 4.7 | %
OWNERSHIP INTEREST LOCATIONS: |  |  |  |
Equity ownership interest locations |  | 77 |  |  | 78 |
Grand Total, System-wide |  | 5,843 |  |  | 5,917 |
_______________________________________________________________________________ (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 tables:
|  | Three Months Ended September 30, 2021
|  | Franchise |  | Company-owned |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |
Royalties |  | $ | 16,602 |  |  | $ | — |  |  | $ | 16,602 |
Fees |  | 3,265 |  |  | — |  |  | 3,265 |
Product sales to franchisees |  | 8,008 |  |  | — |  |  | 8,008 |
Advertising fund contributions |  | 8,114 |  |  | — |  |  | 8,114 |
Franchise rental income |  | 33,762 |  |  | — |  |  | 33,762 |
Company-owned salon revenue |  | — |  |  | 8,005 |  |  | 8,005 |
Total revenue |  | 69,751 |  |  | 8,005 |  |  | 77,756 |
Operating expenses: |  |  |  |  |  |
Cost of product sales to franchisees |  | 8,112 |  |  | — |  |  | 8,112 |
General and administrative |  | 21,243 |  |  | 546 |  |  | 21,789 |
Rent |  | 1,677 |  |  | 126 |  |  | 1,803 |
Advertising fund expense |  | 8,114 |  |  | — |  |  | 8,114 |
Franchise rent expense |  | 33,762 |  |  | — |  |  | 33,762 |
Company-owned salon expense |  | — |  |  | 7,945 |  |  | 7,945 |
Depreciation and amortization |  | 1,623 |  |  | 246 |  |  | 1,869 |
Long-lived asset impairment |  | — |  |  | 163 |  |  | 163 |
Total operating expenses |  | 74,531 |  |  | 9,026 |  |  | 83,557 |
Operating loss |  | $ | (4,780) |  |  | $ | (1,021) |  |  | $ | (5,801) |
|  | Three Months Ended September 30, 2020
|  | Franchise |  | Company-owned |  | Consolidated
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |
Royalties |  | $ | 11,405 |  |  | $ | — |  |  | $ | 11,405 |
Fees |  | 2,042 |  |  | — |  |  | 2,042 |
Product sales to franchisees |  | 13,742 |  |  | — |  |  | 13,742 |
Advertising fund contributions |  | 4,509 |  |  | — |  |  | 4,509 |
Franchise rental income |  | 32,283 |  |  | — |  |  | 32,283 |
Company-owned salon revenue |  | — |  |  | 47,415 |  |  | 47,415 |
Total revenue |  | 63,981 |  |  | 47,415 |  |  | 111,396 |
Operating expenses: |  |  |  |  |  |
Cost of product sales to franchisees |  | 10,678 |  |  | — |  |  | 10,678 |
General and administrative |  | 23,171 |  |  | 2,977 |  |  | 26,148 |
Rent |  | 1,279 |  |  | 11,946 |  |  | 13,225 |
Advertising fund expense |  | 4,510 |  |  | — |  |  | 4,510 |
Franchise rent expense |  | 32,283 |  |  | — |  |  | 32,283 |
Company-owned salon expense |  | — |  |  | 42,943 |  |  | 42,943 |
Depreciation and amortization |  | 2,294 |  |  | 5,082 |  |  | 7,376 |
Long-lived asset impairment |  | 610 |  |  | 5,214 |  |  | 5,824 |
Total operating expenses |  | 74,825 |  |  | 68,162 |  |  | 142,987 |
Operating loss |  | $ | (10,844) |  |  | $ | (20,747) |  |  | $ | (31,591) |

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