REVENUE RECOGNITION: (Tables)

6 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The following table disaggregates revenue by timing of revenue recognition and is reconciled to reportable segment revenues as follows:

	Three Months Ended December 31, 2019				Three Months Ended December 31, 2018
	Franchise		Company-owned		Franchise		Company-owned
	(Dollars in thousands)
Revenue recognized at a point in time:
Service	$	—	$	101,805	$	—	$	190,419
Product	16,864		27,119		17,818		43,831
Total revenue recognized at a point in time	$	16,864	$	128,924	$	17,818	$	234,250
Revenue recognized over time:
Royalty and other franchise fees	$	18,644	$	—	$	14,736	$	—
Advertising fund fees	10,703		—		7,867		—
Franchise rental income	33,630		—		—		—
Total revenue recognized over time	62,977		—		22,603		—
Total revenue	$	79,841	$	128,924	$	40,421	$	234,250

	Six Months Ended December 31, 2019				Six Months Ended December 31, 2018
	Franchise		Company-owned		Franchise		Company-owned
	(Dollars in thousands)
Revenue recognized at a point in time:
Service	$	—	$	243,746	$	—	$	398,267
Product	29,969		59,670		33,447		85,793
Total revenue recognized at a point in time	$	29,969	$	303,416	$	33,447	$	484,060
Revenue recognized over time:
Royalty and other franchise fees	$	36,235	$	—	$	29,156	$	—
Advertising fund fees	21,129		—		15,843		—
Franchise rental income	65,054		—		—		—
Total revenue recognized over time	122,418		—		44,999		—
Total revenue	$	152,387	$	303,416	$	78,446	$	484,060

Schedule of receivables, broker fees and deferred revenue

Information about receivables, broker fees and deferred revenue subject to the amended revenue recognition guidance is as follows:

	December 31, 2019		June 30, 2019		Balance Sheet Classification
	(Dollars in thousands)
Receivables from contracts with customers, net	$	22,512	$	23,210	Accounts receivable, net
Broker fees	$	20,384	$	17,819	Other assets
Deferred revenue:
Current
Gift card liability	$	3,461	$	3,050	Accrued expenses
Deferred franchise fees unopened salons	217		193		Accrued expenses
Deferred franchise fees open salons	5,042		4,164		Accrued expenses
Total current deferred revenue	$	8,720	$	7,407
Non-current
Deferred franchise fees unopened salons	$	12,860	$	15,173	Other non-current liabilities
Deferred franchise fees open salons	31,555		24,194		Other non-current liabilities
Total non-current deferred revenue	$	44,415	$	39,367

Broker fees

The following table is a rollforward of the broker fee balance for the periods indicated (in thousands):

Balance as of June, 30, 2019	$	17,819
Additions	3,938
Amortization	(1,341		)
Write-offs	(32		)
Balance as of December, 31, 2019	$	20,384

Estimated revenue expected to be recognized

Estimated revenue expected to be recognized in the future related to deferred franchise fees for open salons as of December 31, 2019 is as follows (in thousands):

Remainder of 2020	$	2,364
2021	4,930
2022	4,810
2023	4,633
2024	4,398
Thereafter	15,462
Total	$	36,597