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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Mar. 31, 2023
Segment Reporting [Abstract] |
Schedule of reportable operating segment salons | The Company's reportable operating segments consisted of the following salons:
|  | March 31, 2023 |  | June 30, 2022
FRANCHISE SALONS: |  |  |  |
Supercuts |  | 2,123 |  |  | 2,264 |
SmartStyle/Cost Cutters in Walmart Stores |  | 1,535 |  |  | 1,646 |
Portfolio Brands |  | 1,265 |  |  | 1,344 |
Total North American salons |  | 4,923 |  |  | 5,254 |
Total International salons (1) |  | 134 |  |  | 141 |
Total Franchise salons |  | 5,057 |  |  | 5,395 |
as a percent of total Franchise and Company-owned salons |  | 98.6 | % |  | 98.1 | %
COMPANY-OWNED SALONS: |  |  |  |
Supercuts |  | 7 |  |  | 18 |
SmartStyle/Cost Cutters in Walmart Stores |  | 48 |  |  | 49 |
Portfolio Brands |  | 15 |  |  | 38 |
Total Company-owned salons |  | 70 |  |  | 105 |
as a percent of total Franchise and Company-owned salons |  | 1.4 | % |  | 1.9 | %
OWNERSHIP INTEREST LOCATIONS: |  |  |  |
Equity ownership interest locations |  | 76 |  |  | 76 |
Grand Total, System-wide |  | 5,203 |  |  | 5,576 |
_______________________________________________________________________________ (1)Canadian and Puerto Rican salons are included in the North American salon totals.
Schedule of summarized financial information of reportable operating segments |
|  | Three Months Ended March 31, |  | Nine Months Ended March 31,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
|  | (Dollars in thousands)
Revenues: |  |  |  |  |  |  |  |
Franchise |  | $ | 53,606 |  |  | $ | 60,261 |  |  | $ | 169,717 |  |  | $ | 193,300 |
Company-owned |  | 2,167 |  |  | 3,549 |  |  | 7,894 |  |  | 16,597 |
Total revenue |  | 55,773 |  |  | 63,810 |  |  | 177,611 |  |  | 209,897 |
Segment adjusted EBITDA: |  |  |  |  |  |  |  |
Franchise |  | 4,815 |  |  | 2,936 |  |  | 17,338 |  |  | 5,190 |
Company-owned |  | (631) |  |  | (3,265) |  |  | (1,496) |  |  | (7,950) |
Total |  | 4,184 |  |  | (329) |  |  | 15,842 |  |  | (2,760) |
Unallocated expenses |  | (755) |  |  | (7,155) |  |  | (3,384) |  |  | (8,572) |
Depreciation and amortization |  | (1,008) |  |  | (1,622) |  |  | (6,052) |  |  | (4,766) |
Long-lived asset impairment |  | (36) |  |  | (327) |  |  | (36) |  |  | (542) |
Goodwill impairment |  | — |  |  | (13,120) |  |  | — |  |  | (13,120) |
Interest expense |  | (4,787) |  |  | (3,224) |  |  | (13,123) |  |  | (9,621) |
Income tax benefit |  | 241 |  |  | 1,270 |  |  | 213 |  |  | 1,482 |
Income (loss) from discontinued operations |  | 518 |  |  | (3,411) |  |  | 3,958 |  |  | (5,325) |
Total net loss |  | $ | (1,643) |  |  | $ | (27,918) |  |  | $ | (2,582) |  |  | $ | (43,224) |

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