SEGMENT INFORMATION (Tables)

12 Months Ended

Jun. 30, 2020

Schedule of summarized financial information of reportable operating segments

Financial information concerning the Company's reportable operating segments is shown in the following table:


	For the Year Ended June 30, 2020
	Franchise		Company - owned		Corporate⁽¹⁾		Consolidated

	(Dollars in thousands)
Revenues:
Service	$	—	$	331,538	$	—	$	331,538
Product	52,421		85,165		—		137,586
Royalties and fees	73,402		—		—		73,402
Franchise rental income	127,203		—		—		127,203
	253,026		416,703		—		669,729
Operating expenses:
Cost of service	—		222,279		—		222,279
Cost of product	40,032		44,666		—		84,698
Site operating expenses	13,341		58,202		—		71,543
General and administrative	33,725		24,638		72,590		130,953
Rent	872		72,921		2,589		76,382
Franchise rent expense	127,203		—		—		127,203
Depreciation and amortization	922		29,113		6,917		36,952
Long-lived asset impairment	1,712		20,848		—		22,560
TBG restructuring	2,333		—		—		2,333
Goodwill impairment	—		40,164		—		40,164
Total operating expenses	220,140		512,831		82,096		815,067
Operating income (loss)	32,886		(96,128)		(82,096)		(145,338)
Other (expense) income:
Interest expense	—		—		(7,522)		(7,522)
Gain from sale of salon assets to franchisees, net	—		—		(27,306)		(27,306)
Interest income and other, net	—		—		3,353		3,353
Income (loss) from continuing operations before income taxes	$	32,886	$	(96,128)	$	(113,571)	$	(176,813)


	For the Year Ended June 30, 2019
	Franchise		Company-owned		Corporate⁽¹⁾		Consolidated

	(Dollars in thousands)
Revenues:
Service	$	—	$	749,660	$	—	$	749,660
Product	59,905		165,713		—		225,618
Royalties and fees	93,761		—		—		93,761
	153,666		915,373		—		1,069,039
Operating expenses:
Cost of service	—		452,827		—		452,827
Cost of product	47,219		81,597		—		128,816
Site operating expenses	34,099		106,932		—		141,031
General and administrative	32,888		57,219		86,897		177,004
Rent	740		130,214		862		131,816
Depreciation and amortization	762		28,263		8,823		37,848
TBG restructuring	21,816		—		—		21,816
Total operating expenses	137,524		857,052		96,582		1,091,158
Operating income (loss)	16,142		58,321		(96,582)		(22,119)
Other (expense) income:
Interest expense	—		—		(4,795)		(4,795)
Gain from sale of salon assets to franchisees, net	—		—		2,918		2,918
Interest income and other, net	—		—		1,729		1,729
Income (loss) from continuing operations before income taxes	$	16,142	$	58,321	$	(96,730)	$	(22,267)


	For the Year Ended June 30, 2018
	Franchise		Company - owned		Corporate⁽¹⁾		Consolidated

	(Dollars in thousands)
Revenues:
Service	$	—	$	899,345	$	—	$	899,345
Product	53,703		205,037		—		258,740
Royalties and fees	77,394		—		—		77,394
	131,097		1,104,382		—		1,235,479
Operating expenses:
Cost of service	—		530,582		—		530,582
Cost of product	42,128		98,495		—		140,623
Site operating expenses	26,818		127,249		—		154,067
General and administrative	25,880		67,163		81,002		174,045
Rent	269		181,869		958		183,096
Depreciation and amortization	365		48,508		9,332		58,205
Total operating expenses	95,460		1,053,866		91,292		1,240,618
Operating income (loss)	35,637		50,516		(91,292)		(5,139)
Other (expense) income:
Interest expense	—		—		(10,492)		(10,492)
Gain from sale of salon assets to franchisees, net	—		—		241		241
Interest income and other, net	—		—		5,199		5,199
Income (loss) from continuing operations before income taxes	$	35,637	$	50,516	$	(96,344)	$	(10,191)

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(1)Corporate consists primarily of unallocated general and administrative expenses, including expenses associated with salon support, depreciation and amortization related to our corporate headquarters and unallocated insurance, benefit and compensation programs, including stock-based compensation.

Schedule of total revenues and property and equipment, net associated with business operations in the U.S. and all other countries in aggregate

Total revenues and property and equipment, net associated with business operations in the U.S. and all other countries in aggregate were as follows:


	June 30,
	2020						2019						2018
	Total Revenues		Property and Equipment, Net		Total Revenues		Property and Equipment, Net		Total Revenues		Property and Equipment, Net

	(Dollars in thousands)
U.S.	$	613,652	$	56,532	$	972,994	$	75,789	$	1,132,041	$	95,956
Other countries	56,077		644		96,045		2,301		103,438		3,332
Total	$	669,729	$	57,176	$	1,069,039	$	78,090	$	1,235,479	$	99,288