SEGMENT INFORMATION:

3 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

SEGMENT INFORMATION:

Segment information is prepared on the same basis the chief operating decision maker reviews financial information for operational decision-making purposes. During the second quarter of fiscal year 2014, the Company redefined its operating segments to reflect how the chief operating decision maker evaluates the business as a result of the restructuring of the Company's North American field organization. The field reorganization, which impacted all North American salons except for salons in the mass premium category, was announced in the fourth quarter of fiscal year 2013 and completed in the second quarter of fiscal year 2014.

As of September 30, 2014, the Company’s reportable operating segments consisted of the following salons:

	Company-owned	Franchised	Total
North American Value	6,063	2,214	8,277
North American Premium	793	—	793
International	362	—	362

The North American Value operating segment is comprised primarily of SmartStyle, Supercuts, MasterCuts, Cost Cutters, and other regional trade names. The North American Premium operating segment is comprised primarily of the Regis salon concept and the International operating segment includes Supercuts, Regis and Sassoon salon concepts.

Concurrent with the change in reportable operating segments, the Company revised its prior period financial information to reflect comparable financial information for the new segment structure. Historical financial information shown in the following table and elsewhere in this filing reflects this change. 

	For the Three Months Ended September 30,
	2014			2013
	(Dollars in thousands)
Revenues:
North American Value	$	354,376		$	355,341
North American Premium	79,035			84,190
International	31,140			29,052
	$	464,551		$	468,583
Operating (expense) income:
North American Value	$	29,287		$	30,047
North American Premium (1)	(4,544		)	(1,239		)
International	630			(257		)
Total segment operating income	25,373			28,551
Unallocated Corporate	(25,980		)	(27,122		)
Operating (expense) income	$	(607	)	$	1,429

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(1) Increases in operating loss primarily driven by long-lived asset impairment charges recorded within depreciation and amortization in the Consolidated Statement of Operations. See Note 1 to the unaudited Condensed Consolidated Financial Statements.