SEGMENT INFORMATION:

6 Months Ended

Dec. 31, 2016

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 December 31, 2016, the Company’s reportable operating segments consisted of the following salons:

	Company-owned	Franchised	Total
North American Value	5,710	2,540	8,250
North American Premium	637	—	637
International	311	9	320
Total	6,658	2,549	9,207

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 December 31,						For the Six Months   Ended December 31,
	2016			2015			2016			2015
	(Dollars in thousands)
Revenues:
North American Value	$	339,035		$	349,251		$	682,212		$	698,222
North American Premium	62,888			73,022			127,591			146,177
International	22,120			28,194			45,282			56,198
	$	424,043		$	450,467		$	855,085		$	900,597
Operating income (loss):
North American Value	$	25,974		$	28,061		$	59,411		$	58,610
North American Premium	(4,043		)	(3,900		)	(7,904		)	(6,323		)
International	(427		)	(607		)	(734		)	(501		)
Total segment operating income	21,504			23,554			50,773			51,786
Unallocated Corporate	(22,351		)	(26,437		)	(43,905		)	(50,393		)
Operating (loss) income	$	(847	)	$	(2,883	)	$	6,868		$	1,393