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GOODWILL AND OTHER INTANGIBLES: (Tables)
6 Months Ended
Dec. 31, 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
 
139

 
(73
)
 
66

Derecognition related to sale of salon assets to franchisees (1)
 

 
(52,765
)
 
(52,765
)
Goodwill, net at December 31, 2019
 
$
228,067

 
$
64,952

 
$
293,019

_______________________________________________________________________________
(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:
 
 
December 31, 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
 
$
6,938

 
$
(3,786
)
 
$
3,152

 
$
6,909

 
$
(3,659
)
 
$
3,250

Franchise agreements
 
9,817

 
(8,250
)
 
1,567

 
9,783

 
(8,057
)
 
1,726

Lease intangibles
 
13,495

 
(10,406
)
 
3,089

 
13,490

 
(10,065
)
 
3,425

Other
 
884

 
(533
)
 
351

 
883

 
(523
)
 
360

 
 
$
31,134

 
$
(22,975
)
 
$
8,159

 
$
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.