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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Revenues:        
Franchise rental income $ 32,285 $ 33,630 $ 64,568 $ 65,054
Total revenues 104,320 208,765 215,716 455,803
Operating expenses:        
Site operating expenses 10,350 26,330 23,589 59,272
General and administrative 26,690 32,691 52,837 73,316
Rent 32,300 33,600 64,600 65,100
Depreciation and amortization 6,388 7,747 13,764 17,127
Long-lived asset impairment 3,160 0 8,984 0
TBG mall location restructuring (Note 3) 0 722 0 2,222
Total operating expenses 131,075 216,231 274,061 473,175
Operating loss (26,755) (7,466) (58,345) (17,372)
Other (expense) income:        
Interest expense (3,701) (1,464) (7,463) (2,903)
Loss from sale of salon assets to franchisees, net (3,226) (12,407) (3,888) (18,267)
Interest income and other, net 403 2,869 517 3,040
Loss from continuing operations before income taxes (33,279) (18,468) (69,179) (35,502)
Income tax benefit 400 1,948 1,035 4,804
Loss from continuing operations (32,879) (16,520) (68,144) (30,698)
Income from discontinued operations, net of taxes (Note 3) 0 79 0 452
Net loss $ (32,879) $ (16,441) $ (68,144) $ (30,246)
Basic and diluted:        
Loss from continuing operations (in dollars per share) $ (0.92) $ (0.46) $ (1.90) $ (0.85)
Income from discontinued operations (in dollars per share) 0.00 0.00 0.00 0.01
Net loss per share, basic and diluted (in dollars per share) [1] $ (0.92) $ (0.46) $ (1.90) $ (0.84)
Weighted average common and common equivalent shares outstanding:        
Basic and diluted (in shares) 35,931 35,798 35,889 36,028
Non-Franchise Lease        
Operating expenses:        
Rent $ 12,902 $ 20,495 $ 26,127 $ 44,759
Franchisor        
Operating expenses:        
Rent 32,285 33,630 64,568 65,054
Service        
Revenues:        
Revenues 28,987 101,805 65,395 243,746
Operating expenses:        
Cost of services and products 22,097 67,358 50,620 157,840
Product        
Revenues:        
Revenues 23,146 43,983 47,895 89,639
Operating expenses:        
Cost of services and products 17,203 27,258 33,572 53,585
Royalties and fees        
Revenues:        
Revenues $ 19,902 $ 29,347 $ 37,858 $ 57,364
[1] Total is a recalculation; line items calculated individually may not sum to total due to rounding.