SEGMENT INFORMATION (Tables)

3 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of reportable operating segment salons

The Company's reportable operating segments consisted of the following salons:

	September 30, 2022		June 30, 2022
FRANCHISE SALONS:
Supercuts	2,233		2,264
SmartStyle/Cost Cutters in Walmart Stores	1,625		1,646
Portfolio Brands	1,325		1,344
Total North American salons	5,183		5,254
Total International salons (1)	140		141
Total Franchise salons	5,323		5,395
as a percent of total Franchise and Company-owned salons	98.2	%	98.1	%
COMPANY-OWNED SALONS:
Supercuts	15		18
SmartStyle/Cost Cutters in Walmart Stores	49		49
Portfolio Brands	31		38
Total Company-owned salons	95		105
as a percent of total Franchise and Company-owned salons	1.8	%	1.9	%
OWNERSHIP INTEREST LOCATIONS:
Equity ownership interest locations	76		76
Grand Total, System-wide	5,494		5,576

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(1)Canadian and Puerto Rican salons are included in the North American salon totals.

Schedule of summarized financial information of reportable operating segments

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

	Three Months Ended September 30, 2022
	Franchise		Company-owned		Consolidated
	(Dollars in thousands)
Revenues:
Royalties	$	17,180	$	—	$	17,180
Fees	2,553		—		2,553
Product sales to franchisees	443		—		443
Advertising fund contributions	8,251		—		8,251
Franchise rental income	30,330		—		30,330
Company-owned salon revenue	—		3,114		3,114
Total revenue	58,757		3,114		61,871
Operating expenses:
Cost of product sales to franchisees	470		—		470
General and administrative	14,182		179		14,361
Rent	509		1,244		1,753
Advertising fund expense	8,251		—		8,251
Franchise rent expense	30,330		—		30,330
Company-owned salon expense	—		2,985		2,985
Depreciation and amortization	950		301		1,251
Total operating expenses	54,692		4,709		59,401
Operating income (loss)	$	4,065	$	(1,595)	$	2,470

	Three Months Ended September 30, 2021
	Franchise		Company-owned		Consolidated
	(Dollars in thousands)
Revenues:
Royalties	$	16,602	$	—	$	16,602
Fees	2,327		—		2,327
Product sales to franchisees	8,008		—		8,008
Advertising fund contributions	8,114		—		8,114
Franchise rental income	33,762		—		33,762
Company-owned salon revenue	—		8,005		8,005
Total revenue	68,813		8,005		76,818
Operating expenses:
Cost of product sales to franchisees	7,648		—		7,648
General and administrative	20,238		546		20,784
Rent	1,621		126		1,747
Advertising fund expense	8,114		—		8,114
Franchise rent expense	33,762		—		33,762
Company-owned salon expense	—		7,945		7,945
Depreciation and amortization	1,293		246		1,539
Long-lived asset impairment	—		163		163
Total operating expenses	72,676		9,026		81,702
Operating loss	$	(3,863)	$	(1,021)	$	(4,884)