RIGHT OF USE ASSET AND LEASE LIABILITIES (Tables)

6 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Real Estate Taxes and Other Occupancy Expenses

For most leases, the Company is required to pay real estate taxes and other occupancy expenses. Total rent expense includes the following:

	For the Three Months Ended December 31,				For the Six Months Ended December 31,
	2019		2018		2019		2018
	(Dollars in thousands)
Minimum rent	$	16,937	$	28,859	$	36,498	58,774
Percentage rent based on sales	550		1,052		1,847		2,103
Real estate taxes and other expenses	3,008		4,731		6,414		9,743
	$	20,495	$	34,642	$	44,759	$	70,620

Lessor, Future Operating Lease Commitments

As of December 31, 2019, future operating lease commitments to be paid and received by the Company were as follows:

Fiscal Year	Leases for Franchise Salons		Leases for Company-owned Salons		Corporate Leases		Total Operating Lease Payments		Sublease Income To Be Received From Franchisees			Net Rent Commitments
Remainder of 2020	$	59,771	$	36,809	$	335	$	96,915	$	(59,771	)	$	37,144
2021	113,224		64,907		1,781		179,912		(113,224		)	66,688
2022	103,599		55,214		1,410		160,223		(103,599		)	56,624
2023	93,725		48,589		1,447		143,761		(93,725		)	50,036
2024	84,384		43,417		1,484		129,285		(84,384		)	44,901
Thereafter	224,482		111,327		9,339		345,148		(224,482		)	120,666
Total future obligations	$	679,185	$	360,263	$	15,796	$	1,055,244	$	(679,185	)	$	376,059
Less amounts representing interest	84,680		43,723		3,063		131,466
Present value of lease liabilities	$	594,505	316,540		12,733		923,778
Less current lease liabilities	96,249		59,218		687		156,154
Long-term lease liabilities	$	498,256	$	257,322	$	12,046	$	767,624

Lessee, Future Operating Lease Commitments

As of December 31, 2019, future operating lease commitments to be paid and received by the Company were as follows:

Fiscal Year	Leases for Franchise Salons		Leases for Company-owned Salons		Corporate Leases		Total Operating Lease Payments		Sublease Income To Be Received From Franchisees			Net Rent Commitments
Remainder of 2020	$	59,771	$	36,809	$	335	$	96,915	$	(59,771	)	$	37,144
2021	113,224		64,907		1,781		179,912		(113,224		)	66,688
2022	103,599		55,214		1,410		160,223		(103,599		)	56,624
2023	93,725		48,589		1,447		143,761		(93,725		)	50,036
2024	84,384		43,417		1,484		129,285		(84,384		)	44,901
Thereafter	224,482		111,327		9,339		345,148		(224,482		)	120,666
Total future obligations	$	679,185	$	360,263	$	15,796	$	1,055,244	$	(679,185	)	$	376,059
Less amounts representing interest	84,680		43,723		3,063		131,466
Present value of lease liabilities	$	594,505	316,540		12,733		923,778
Less current lease liabilities	96,249		59,218		687		156,154
Long-term lease liabilities	$	498,256	$	257,322	$	12,046	$	767,624