SEGMENT INFORMATION:

3 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION:

Segment information is prepared on the same basis the chief operating decision maker reviews financial information for operational decision-making purposes.

As of September 30, 2015, the Company’s reportable operating segments consisted of the following salons:

	Company-owned	Franchised	Total
North American Value	5,899	2,374	8,273
North American Premium	735	—	735
International	349	—	349
Total	6,983	2,374	9,357

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.

The Company's operating segment results were as follows:

	For the Three Months Ended September 30,
	2015			2014
	(Dollars in thousands)
Revenues:
North American Value	$	348,971		$	354,376
North American Premium	73,155			79,035
International	28,004			31,140
	$	450,130		$	464,551
Operating income (loss) (1):
North American Value	$	30,549		$	29,156
North American Premium	(2,423		)	(4,560		)
International	106			630
Total segment operating income	28,232			25,226
Unallocated Corporate	(23,956		)	(25,980		)
Operating income (loss)	$	4,276		$	(754	)

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(1) Amounts for fiscal year 2015 have been revised. See Note 1 to the unaudited Condensed Consolidated Financial Statements.