BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Details of Impairment of Long-Lived Assets Held and Used by Asset

A summary of long-lived asset impairment charges follows:

	Fiscal Years
	2014		2013		2012
	(Dollars in thousands)
North American Value	$	11,714	$	5,031	$	2,892
North American Premium	5,014		3,042		3,174
International	1,599		151		570
Total	$	18,327	$	8,224	$	6,636

Schedule of goodwill by reporting unit

A summary of the Company's goodwill balance by reporting unit follows:

	Fiscal
Reporting Unit	2014		2013
	(Dollars in thousands)
North American Value	$	425,264	$	425,932
North American Premium	—		34,953
Total	$	425,264	$	460,885

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(1)    As of June 30, 2014 and 2013, the International reporting unit had no goodwill.

Components of the net deferred tax assets and liabilities

A summary of the activity for the deferred tax asset valuation allowance follows:

	Fiscal Year 2014
	(Dollars in thousands)
Balance, June 30, 2013	$	—
Establishment of valuation allowance against U.S. & U.K. deferred tax assets	84,391
Changes to deferred tax asset valuation allowance	(469		)
Balance, June 30, 2014	$	83,922

The components of the net deferred tax assets and liabilities are as follows:

	June 30,
	2014			2013
	(Dollars in thousands)
Deferred tax assets:
Deferred rent	$	12,625		$	12,953
Payroll and payroll related costs	24,857			34,073
Net operating loss carryforwards	17,180			2,484
Tax credit carryforwards	20,134			4,366
Inventories	2,926			7,920
Allowance for doubtful accounts/notes	216			7,004
Insurance	6,195			6,106
Other	8,815			14,353
Subtotal	$	92,948		$	89,259
Valuation allowance	(83,922		)	—
Total deferred tax assets	$	9,026		$	89,259
Deferred tax liabilities:
Depreciation	$	(8,086	)	$	(20,684	)
Amortization of intangibles	(77,650		)	(72,635		)
Other	(5,689		)	(7,206		)
Total deferred tax liabilities	$	(91,425	)	$	(100,525	)
Net deferred tax (liability) asset	$	(82,399	)	$	(11,266	)