SEGMENT INFORMATION: (Tables)

3 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Schedule of Company's reportable operating segments

As of September 30, 2017, the Company’s reportable operating segments consisted of the following salons:

Company-owned (1)	6,112
Franchise (1)	2,743
Total	8,855

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(1) In October 2017, the Company sold substantially all of its mall-based salon business in North America, representing 858 company-owned salons, and substantially all of its International segment, representing approximately 250 company-owned salons, to The Beautiful Group, who will operate these locations as franchise locations. As a result, company-owned salons will decrease and franchise salons will increase by approximately 1,108 salons in October 2017.

Schedule of summarized financial information of reportable operating segments

egment, the Regis and MasterCuts brands will be primarily franchise brands, beginning in October 2017. The Corporate segment represents home office and other unallocated costs.

Concurrent with the change in reportable segments, the Company recast 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. Financial information concerning the Company's reportable operating segments is shown in the following table:

	For the Three Months Ended September 30, 2017
	Company-owned		Franchise		Corporate			Consolidated
	(Dollars in thousands)
Revenues:
Service	$	235,559	$	—	$	—		$	235,559
Product	53,218		7,722		—			60,940
Royalties and fees	—		13,374		—			13,374
	288,777		21,096		—			309,873
Operating expenses:
Cost of service	139,836		—		—			139,836
Cost of product	24,447		5,715		—			30,162
Site operating expenses	33,302		1		—			33,303
General and administrative	15,824		5,546		13,795			35,165
Rent	42,123		47		246			42,416
Depreciation and amortization	9,894		92		2,269			12,255
Total operating expenses	265,426		11,401		16,310			293,137
Operating income (loss)	23,351		9,695		(16,310		)	16,736
Other (expense) income:
Interest expense	—		—		(2,138		)	(2,138		)
Interest income and other, net	—		—		1,027			1,027
Income (loss) from continuing operations before income taxes	$	23,351	$	9,695	$	(17,421	)	$	15,625

	For the Three Months Ended September 30, 2016
	Company-owned		Franchise		Corporate			Consolidated
	(Dollars in thousands)
Revenues:
Service	$	243,091	$	—	$	—		$	243,091
Product	56,313		7,403		—			63,716
Royalties and fees	—		12,024		—			12,024
	299,404		19,427		—			318,831
Operating expenses:
Cost of service	150,797		—		—			150,797
Cost of product	25,347		5,468		—			30,815
Site operating expenses	32,645		—		—			32,645
General and administrative	11,542		5,397		18,977			35,916
Rent	46,012		42		179			46,233
Depreciation and amortization	9,595		90		2,424			12,109
Total operating expenses	275,938		10,997		21,580			308,515
Operating income (loss)	23,466		8,430		(21,580		)	10,316
Other (expense) income:
Interest expense	—		—		(2,163		)	(2,163		)
Interest income and other, net	—		—		327			327
Income (loss) from continuing operations before income taxes	$	23,466	$	8,430	$	(23,416	)	$	8,480