SEGMENT INFORMATION:

9 Months Ended

Mar. 31, 2016

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 March 31, 2016, the Company’s reportable operating segments consisted of the following salons:

	Company-owned	Franchised	Total
North American Value	5,806	2,454	8,260
North American Premium	702	—	702
International	348	—	348
Total	6,856	2,454	9,310

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 March 31,						For the Nine Months   Ended March 31,
	2016			2015			2016			2015
	(Dollars in thousands)
Revenues:
North American Value	$	347,976		$	349,443		$	1,046,198		$	1,049,552
North American Premium	69,451			76,817			215,628			234,603
International	25,138			27,700			81,336			90,243
	$	442,565		$	453,960		$	1,343,162		$	1,374,398
Operating income (loss) (1):
North American Value	$	35,706		$	33,229		$	94,316		$	90,060
North American Premium	(4,580		)	(4,138		)	(10,903		)	(10,947		)
International	(629		)	398			(1,130		)	1,424
Total segment operating income	30,497			29,489			82,283			80,537
Unallocated Corporate	(24,876		)	(24,087		)	(75,269		)	(76,560		)
Operating income	$	5,621		$	5,402		$	7,014		$	3,977

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