QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Jun. 30, 2017

Quarterly Financial Information Disclosure [Abstract]

Schedule of quarterly financial data

Summarized quarterly data for fiscal years 2017 and 2016 follows:

	Quarter Ended
	September 30		December 31			March 31(a)			June 30(b)		Year Ended
	(Dollars in thousands, except per share amounts)
2017
Revenues	$	431,042	$	424,043		$	412,603		$	424,200	$	1,691,888
Cost of service and product revenues, excluding depreciation and amortization	251,242		254,841			248,509			249,944		1,004,536
Operating income (loss)	7,715		(847		)	(12,784		)	4,712		(1,204		)
Net income (loss)	3,281		(2,219		)	(18,455		)	1,253		(16,140		)
Net income (loss) per basic and diluted share(d)	0.07		(0.05		)	(0.40		)	0.03		(0.35		)

	Quarter Ended
	September 30			December 31(c)			March 31			June 30		Year Ended
	(Dollars in thousands, except per share amounts)
2016
Revenues	$	450,130		$	450,467		$	442,565		$	447,707	$	1,790,869
Cost of service and product revenues, excluding depreciation and amortization	260,804			267,056			260,046			259,623		1,047,529
Operating income (loss)	4,276			(2,883		)	5,621			10,600		17,614
Net (loss) income	(808		)	(13,986		)	(2,084		)	5,562		(11,316		)
Net (loss) income per basic and diluted share(d)	(0.02		)	(0.29		)	(0.04		)	0.12		(0.23		)

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(a) During the third quarter of fiscal year 2017, the Company recorded $7.9 million of severance expense related to the termination of former executive officers including the Company's Chief Executive Officer.

(b) During the fourth quarter of fiscal year 2017, the Company recorded $5.9 million for a one-time inventory expense related to salon tools.

(c) During the second quarter of fiscal year 2016, the Company recorded a $13.0 million other than temporary impairment charge on its investment in EEG.

(d) Total is an annual recalculation; line items calculated quarterly may not sum to total.