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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Revenues:      
Franchise rental income $ 127,203    
Total revenue 669,729 $ 1,069,039 $ 1,235,479
Operating expenses:      
Site operating expenses 71,543 141,031 154,067
General and administrative 130,953 177,004 174,045
Depreciation and amortization 36,952 37,848 58,205
Long-lived asset impairment 22,560 0 0
TBG mall restructuring 2,333 21,816 0
Goodwill impairment 40,164 0 0
Total operating expenses 815,067 1,091,158 1,240,618
Operating loss (145,338) (22,119) (5,139)
Other (expense) income:      
Interest expense (7,522) (4,795) (10,492)
(Loss) gain from sale of salon assets to franchisees, net (27,306) 2,918 241
Interest income and other, net 3,353 1,729 5,199
Loss from continuing operations before income taxes (176,813) (22,267) (10,191)
Income tax benefit 4,619 2,145 69,812
(Loss) income from continuing operations (172,194) (20,122) 59,621
Income (loss) from discontinued operations, net of taxes 832 5,896 (53,185)
Net (loss) income $ (171,362) $ (14,226) $ 6,436
Basic:      
(Loss) Income from continuing operations (in dollars per share) $ (4.79) $ (0.48) $ 1.28
Income (loss) from discontinued operations (in dollars per share) 0.02 0.14 (1.14)
Net (loss) income per share, basic (in dollars per share) [1] (4.77) (0.34) 0.14
Diluted:      
(Loss) Income from continuing operations (in dollars per share) (4.79) (0.48) 1.27
Income (loss) from discontinued operations (in dollars per share) 0.02 0.14 (1.13)
Net (loss) income per share, diluted (in dollars per share) [1] $ (4.77) $ (0.34) $ 0.14
Weighted average common and common equivalent shares outstanding:      
Basic (in shares) 35,936 41,829 46,517
Diluted (in shares) 35,936 41,829 47,035
Non Franchise Lease      
Operating expenses:      
Rent $ 76,382 $ 131,816 $ 183,096
Franchisor      
Operating expenses:      
Rent 127,203    
Service      
Revenues:      
Revenues 331,538 749,660 899,345
Operating expenses:      
Cost of service and products sold 222,279 452,827 530,582
Product      
Revenues:      
Revenues 137,586 225,618 258,740
Operating expenses:      
Cost of service and products sold 84,698 128,816 140,623
Royalties and fees      
Revenues:      
Revenues $ 73,402 $ 93,761 $ 77,394
[1] Total is a recalculation; line items calculated individually may not sum to total due to rounding.