XML 55 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]  
Schedule of total rent expense, excluding sublease rent expense
Total rent expense, excluding rent expense on premises subleased to franchisees, includes the following:
 
 
Fiscal Years
 
 
2018
 
2017
 
2016
 
 
(Dollars in thousands)
Minimum rent (1)
 
$
157,828

 
$
154,417

 
$
156,601

Percentage rent based on sales
 
4,324

 
4,058

 
4,337

Real estate taxes and other expenses
 
20,944

 
22,003

 
23,212

 
 
$
183,096

 
$
180,478

 
$
184,150


_______________________________________________________________________________
(1)
Fiscal year 2018 includes lease termination and other related closure costs of $27.3 million and a deferred rent benefit of $3.3 million related to the restructuring of the company-owned SmartStyle portfolio that occurred in January 2018.
Schedule of future minimum lease payments under noncancelable operating leases
As of June 30, 2018, future minimum lease payments (excluding percentage rents based on sales) due under existing noncancelable operating leases are as follows:
Fiscal Year
 
Corporate
leases
 
Franchisee
leases
 
 
(Dollars in thousands)
2019
 
$
129,804

 
$
102,406

2020
 
103,652

 
77,748

2021
 
71,993

 
56,186

2022
 
41,196

 
37,202

2023
 
17,723

 
20,215

Thereafter
 
7,735

 
22,617

Total minimum lease payments
 
$
372,103

 
$
316,374