REVENUE RECOGNITION (Tables)

12 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The following table disaggregates revenue by timing of revenue recognition and is reconciled to reportable segment revenues as follows:

	Year Ended June 30, 2021				Year Ended June 30, 2020				Year Ended June 30, 2019
	Franchise		Company-owned		Franchise		Company-owned		Franchise		Company-owned
	(Dollars in thousands)
Revenue recognized at a point in time:
Service	$	—	$	108,120	$	—	$	331,538	$	—	$	749,660
Product	56,699		34,845		52,421		85,165		59,905		165,713
Total revenue recognized at a point in time	$	56,699	$	142,965	$	52,421	$	416,703	$	59,905	$	915,373
Revenue recognized over time:
Royalty and other franchise fees	$	66,034	$	—	$	60,061	$	—	$	59,688	$	—
Advertising fund fees	22,023		—		13,341		—		34,073		—
Franchise rental income	127,392		—		127,203		—		—		—
Total revenue recognized over time	215,449		—		200,605		—		93,761		—
Total revenue	$	272,148	$	142,965	$	253,026	$	416,703	$	153,666	$	915,373

Schedule of receivables, broker fees and deferred revenue

Information about receivables, broker fees and deferred revenue subject to the revenue recognition guidance is as follows:

	June 30, 2021		June 30, 2020		Balance Sheet Classification
	(Dollars in thousands)
Receivables from contracts with customers, net	$	19,112	$	22,991	Accounts receivable, net
Broker fees	19,254		20,516		Other assets
Deferred revenue:
Current
Gift card liability	$	2,240	$	2,543	Accrued expenses
Deferred franchise fees unopened salons	40		77		Accrued expenses
Deferred franchise fees open salons	5,884		5,537		Accrued expenses
Total current deferred revenue	$	8,164	$	8,157
Non-current
Deferred franchise fees unopened salons	$	6,571	$	11,855	Other non-current liabilities
Deferred franchise fees open salons	32,365		33,623		Other non-current liabilities
Total non-current deferred revenue	$	38,936	$	45,478

Allowance for doubtful accounts

The following table is a rollforward of the allowance for doubtful accounts for the periods indicated (in thousands):

Balance as of June 30, 2020	$	6,899
Provision for doubtful accounts (1)	509
Provision for franchisee rent (2)	1,920
Write-offs	(1,554)
Balance as of June 30, 2021	$	7,774

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(1)The provision for doubtful accounts is recognized as General and administrative expense in the Consolidated Statement of Operations.

(2)The provision for franchisee rent is recognized as Rent in the Consolidated Statement of Operations.

Broker fees

The following table is a rollforward of the broker fee balance for the periods indicated (in thousands):

Balance as of June 30, 2020	$	20,516
Additions	2,112
Amortization	(3,180)
Write-offs	(194)
Balance as of June 30, 2021	$	19,254

Estimated revenue expected to be recognized

Estimated revenue expected to be recognized in the future related to deferred franchise fees for open salons as of June 30, 2021 is as follows (in thousands):

2022	$	5,884
2023	5,820
2024	5,585
2025	5,208
2026	4,734
Thereafter	11,018
Total	$	38,249