REVENUE RECOGNITION (Tables)

9 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Receivables, Broker Fees and Deferred Revenue

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

	March 31, 2025		June 30, 2024		Balance Sheet Classification
	(Dollars in thousands)
Receivables from contracts with customers, net	$	7,446	$	6,887	Receivables, net
Broker fees	6,399		9,369		Other assets
Deferred revenue:
Current
Gift card liability	$	571	$	366	Accrued expenses
Deferred franchise fees open salons	3,996		4,738		Accrued expenses
Total current deferred revenue	$	4,567	$	5,104
Non-current
Deferred franchise fees unopened salons	$	1,530	$	1,783	Other noncurrent liabilities
Deferred franchise fees open salons	10,532		14,972		Other noncurrent liabilities
Total non-current deferred revenue	$	12,062	$	16,755

Schedule of Allowance for Doubtful Accounts

The following table is a rollforward of the allowance for credit losses for the periods indicated:

	Nine Months Ended March 31,
	2025		2024
	(Dollars in thousands)
Balance at beginning of period	$	6,227	$	7,297
Provision for doubtful accounts	2,234		289
Provision for franchisee rent	784		1,006
Recoveries	(1,495)		(182)
Write-offs	(2,755)		(1,399)
Other (1)	(68)		(77)
Balance at end of period	$	4,927	$	6,934

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(1)Includes currency fluctuation.

Schedule of Rollforward of Broker Fees

The following table is a rollforward of the broker fee balance for the periods indicated:

	Nine Months Ended March 31,
	2025		2024
	(Dollars in thousands)
Balance at beginning of period	$	9,369	$	12,471
Amortization	(1,820)		(2,099)
Write-offs (1)	(1,150)		(318)
Balance at end of period	$	6,399	$	10,054

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(1)In the nine months ended March 31, 2025, broker fees of $0.9 million were written off in connection with the Alline Acquisition.

Schedule of 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 March 31, 2025, is as follows (dollars in thousands):

Remainder of 2025	$	998
2026	3,965
2027	3,507
2028	2,785
2029	1,597
Thereafter	1,674
Total	$	14,526