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GOODWILL AND OTHER INTANGIBLES: (Tables)
3 Months Ended
Sep. 30, 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, 2018
 
$
184,788

 
$
227,855

 
$
412,643

Translation rate adjustments
 
172

 
479

 
651

Derecognition related to sale of salon assets to franchisees (1)
 
(11,092
)
 

 
(11,092
)
Goodwill, net at September 30, 2018
 
$
173,868

 
$
228,334

 
$
402,202

_______________________________________________________________________________
(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:
 
 
September 30, 2018
 
June 30, 2018
 
 
Cost (1)
 
Accumulated
Amortization (1)
 
Net
 
Cost (1)
 
Accumulated
Amortization (1)
 
Net
 
 
(Dollars in thousands)
Amortized intangible assets:
 
 

 
 

 
 

 
 

 
 

 
 

Brand assets and trade names
 
$
8,170

 
$
(4,334
)
 
$
3,836

 
$
8,128

 
$
(4,260
)
 
$
3,868

Franchise agreements
 
9,864

 
(7,873
)
 
1,991

 
9,763

 
(7,712
)
 
2,051

Lease intangibles
 
14,012

 
(9,956
)
 
4,056

 
13,997

 
(9,770
)
 
4,227

Other
 
2,002

 
(1,563
)
 
439

 
1,983

 
(1,572
)
 
411

 
 
$
34,048

 
$
(23,726
)
 
$
10,322

 
$
33,871

 
$
(23,314
)
 
$
10,557


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