SEGMENT INFORMATION:

9 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION:

Segment information is prepared on the same basis the chief operating decision maker reviews financial information for operational decision-making purposes.

As of March 31, 2015, the Company’s reportable operating segments consisted of the following salons:

	Company-owned	Franchised	Total
North American Value	5,962	2,273	8,235
North American Premium	755	—	755
International	362	—	362
Total	7,079	2,273	9,352

The North American Value operating segment is comprised primarily of SmartStyle, Supercuts, MasterCuts, Cost Cutters, and other regional trade names. The North American Premium operating segment is comprised primarily of the Regis salon concept and the International operating segment includes Supercuts, Regis and Sassoon salon concepts.

The Company's operating segment results were as follows:

	For the Three Months   Ended March 31,						For the Nine Months   Ended March 31,
	2015			2014			2015			2014
	(Dollars in thousands)
Revenues:
North American Value	$	349,443		$	358,788		$	1,049,552		$	1,066,116
North American Premium	76,817			82,878			234,603			251,862
International	27,700			29,895			90,243			90,533
Total segment revenues	$	453,960		$	471,561		$	1,374,398		$	1,408,511
Operating income (loss):
North American Value	$	33,098		$	29,989		$	88,781		$	86,826
North American Premium (1)	(4,154		)	(3,853		)	(11,212		)	(44,001		)
International	398			(3,109		)	1,424			(2,871		)
Total segment operating income	29,342			23,027			78,993			39,954
Unallocated Corporate	(24,087		)	(26,248		)	(76,560		)	(76,406		)
Operating income (loss)	$	5,255		$	(3,221	)	$	2,433		$	(36,452	)

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(1) The nine months ended March 31, 2014 includes a non-cash goodwill impairment charge of $34.9 million.