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GOODWILL AND OTHER INTANGIBLES (Tables)
 3 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of recorded goodwill

The table below contains details related to the Company's goodwill:
 
 
Franchise
 
Company-owned
 
Consolidated
 
 
(Dollars in thousands)
Goodwill, net at June 30, 2019
 
$
227,928

 
$
117,790

 
$
345,718

Translation rate adjustments
 
(85
)
 
(299
)
 
(384
)
Derecognition related to sale of salon assets to franchisees (1)
 
—

 
(32,083
)
 
(32,083
)
Goodwill, net at September 30, 2019
 
$
227,843

 
$
85,408

 
$
313,251

_______________________________________________________________________________
(1)
Goodwill is derecognized for salons sold to franchisees with positive cash flows. The amount of goodwill derecognized is determined by a fraction (the numerator of which is the trailing-twelve months EBITDA of the salon being sold and the denominator of which is the estimated annualized EBITDA of the Company-owned reporting unit) that is applied to the total goodwill balance of the Company-owned reporting unit.

Schedule of other intangible assets
The table below presents other intangible assets:
 
 
September 30, 2019
 
June 30, 2019
 
 
Cost (1)
 
Accumulated
Amortization (1)
 
Net
 
Cost (1)
 
Accumulated
Amortization (1)
 
Net
 
 
(Dollars in thousands)
Amortized intangible assets:
 
 

 
 

 
 

 
 

 
 

 
 

Brand assets and trade names
 
$
6,856

 
$
(3,687
)
 
$
3,169

 
$
6,909

 
$
(3,659
)
 
$
3,250

Franchise agreements
 
9,721

 
(8,088
)
 
1,633

 
9,783

 
(8,057
)
 
1,726

Lease intangibles
 
13,480

 
(10,226
)
 
3,254

 
13,490

 
(10,065
)
 
3,425

Other
 
881

 
(521
)
 
360

 
883

 
(523
)
 
360

 
 
$
30,938

 
$
(22,522
)
 
$
8,416

 
$
31,065

 
$
(22,304
)
 
$
8,761


_______________________________________________________________________________
(1) 
The change in the gross carrying value and accumulated amortization of other intangible assets is impacted by foreign currency.