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GOODWILL AND OTHER INTANGIBLES: (Tables)
 9 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of recorded goodwill
The table below contains details related to the Company's goodwill:
 
 
Company-owned
 
Franchise
 
Consolidated
 
 
(Dollars in thousands)
Goodwill, net at June 30, 2017
 
$
188,888

 
$
228,099

 
$
416,987

Translation rate adjustments
 
104

 
126

 
230

Derecognition related to sale of salon assets to franchisees (1)
 
(1,714
)
 
—

 
(1,714
)
Goodwill, net at March 31, 2018
 
$
187,278

 
$
228,225

 
$
415,503

_______________________________________________________________________________
(1)
Goodwill is derecognized for salons sold to franchisees with positive cash flows. The amount of goodwill derecognized is determined by a fraction (the numerator of which is the trailing-twelve months EBITDA of the salon being sold and the denominator of which is the estimated annualized EBITDA of the Company-owned reporting unit) that is applied to the total goodwill balance of the Company-owned reporting unit.

Schedule of other intangible assets
The table below presents other intangible assets:
 
 
March 31, 2018
 
June 30, 2017
 
 
Cost (1)
 
Accumulated
Amortization (1)
 
Net
 
Cost (1)
 
Accumulated
Amortization (1)
 
Net
 
 
(Dollars in thousands)
Amortized intangible assets:
 
 

 
 

 
 

 
 

 
 

 
 

Brand assets and trade names
 
$
8,218

 
$
(4,234
)
 
$
3,984

 
$
8,187

 
$
(4,013
)
 
$
4,174

Franchise agreements
 
9,867

 
(7,708
)
 
2,159

 
9,832

 
(7,433
)
 
2,399

Lease intangibles
 
14,012

 
(9,606
)
 
4,406

 
14,007

 
(9,077
)
 
4,930

Other
 
1,970

 
(1,584
)
 
386

 
1,994

 
(1,532
)
 
462

 
 
$
34,067

 
$
(23,132
)
 
$
10,935

 
$
34,020

 
$
(22,055
)
 
$
11,965


_____________________________
(1) 
The change in the gross carrying value and accumulated amortization of other intangible assets is impacted by foreign currency.