REVENUE RECOGNITION: (Tables)

9 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The following table disaggregates revenue by timing of revenue recognition and is reconciled to reportable segment revenues as follows:

	Three Months Ended March 31, 2020				Three Months Ended March 31, 2019
	Franchise		Company-owned		Franchise		Company-owned
	(Dollars in thousands)
Revenue recognized at a point in time:
Service	$	—	$	78,387	$	—	$	181,809
Product	15,318		19,559		14,339		39,427
Total revenue recognized at a point in time	$	15,318	$	97,946	$	14,339	$	221,236
Revenue recognized over time:
Royalty and other franchise fees	$	16,487	$	—	$	14,339	$	—
Advertising fund (refunds) fees	(7,789)		—		8,429		—
Franchise rental income	31,821		—		—		—
Total revenue recognized over time	40,519		—		22,768		—
Total revenue	$	55,837	$	97,946	$	37,107	$	221,236

	Nine Months Ended March 31, 2020				Nine Months Ended March 31, 2019
	Franchise		Company-owned		Franchise		Company-owned
	(Dollars in thousands)
Revenue recognized at a point in time:
Service	$	—	$	322,133	$	—	$	580,076
Product	45,287		79,229		47,786		125,220
Total revenue recognized at a point in time	$	45,287	$	401,362	$	47,786	$	705,296
Revenue recognized over time:
Royalty and other franchise fees	$	52,721	$	—	$	43,495	$	—
Advertising fund (refunds) fees	13,341		—		24,272		—
Franchise rental income	96,875		—		—		—
Total revenue recognized over time	162,937		—		67,767		—
Total revenue	$	208,224	$	401,362	$	115,553	$	705,296

Schedule of receivables, broker fees and deferred revenue

Information about receivables, broker fees and deferred revenue subject to the amended revenue recognition guidance is as follows:

	March 31, 2020		June 30, 2019		Balance Sheet Classification
	(Dollars in thousands)
Receivables from contracts with customers, net	$	16,083	$	23,210	Accounts receivable, net
Broker fees	$	21,193	$	17,819	Other assets
Deferred revenue:
Current
Gift card liability	$	2,616	$	3,050	Accrued expenses
Deferred franchise fees unopened salons	44		193		Accrued expenses
Deferred franchise fees open salons	5,466		4,164		Accrued expenses
Total current deferred revenue	$	8,126	$	7,407
Non-current
Deferred franchise fees unopened salons	$	11,840	$	15,173	Other non-current liabilities
Deferred franchise fees open salons	33,821		24,194		Other non-current liabilities
Total non-current deferred revenue	$	45,661	$	39,367

Broker fees

The following table is a rollforward of the broker fee balance for the periods indicated (in thousands):

Balance as of June 30, 2019	$	17,819
Additions	5,499
Amortization	(2,092)
Write-offs	(33)
Balance as of March 31, 2020	$	21,193

Estimated revenue expected to be recognized

Estimated revenue expected to be recognized in the future related to deferred franchise fees for open salons as of March 31, 2020 is as follows (in thousands):

Remainder of 2020	$	1,359
2021	5,348
2022	5,228
2023	5,051
2024	4,816
Thereafter	17,485
Total	$	39,287