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GOODWILL AND OTHER INTANGIBLES: (Tables)
9 Months Ended
Mar. 31, 2019
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
 
(147
)
 
(408
)
 
(555
)
Derecognition related to sale of salon assets to franchisees (1)
 
(33,528
)
 

 
(33,528
)
Goodwill, net at March 31, 2019
 
$
151,113

 
$
227,447

 
$
378,560

_______________________________________________________________________________
(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, 2019
 
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
 
$
7,830

 
$
(4,236
)
 
$
3,594

 
$
8,128

 
$
(4,260
)
 
$
3,868

Franchise agreements
 
9,675

 
(7,888
)
 
1,787

 
9,763

 
(7,712
)
 
2,051

Lease intangibles
 
13,474

 
(9,884
)
 
3,590

 
13,997

 
(9,770
)
 
4,227

Other
 
1,966

 
(1,591
)
 
375

 
1,983

 
(1,572
)
 
411

 
 
$
32,945

 
$
(23,599
)
 
$
9,346

 
$
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.