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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Revenues:        
Franchise rental income $ 31,821   $ 96,875  
Total revenues 153,783 $ 258,343 609,586 $ 820,849
Operating expenses:        
Site operating expenses 3,660 34,339 62,932 106,723
General and administrative 31,871 41,694 105,187 135,257
Rent 31,800   96,900  
Depreciation and amortization 10,359 8,630 27,486 27,732
TBG mall location restructuring (Note 3) 146 20,711 2,368 20,711
Goodwill impairment 44,529 0 44,529 0
Total operating expenses 218,125 280,505 691,300 841,133
Operating loss (64,342) (22,162) (81,714) (20,284)
Other (expense) income:        
Interest expense (1,712) (1,354) (4,615) (3,432)
(Loss) gain from sale of salon assets to franchisees, net (10,208) 11,489 (21,760) 10,394
Interest income and other, net (1,329) 464 3,188 1,453
Loss from continuing operations before income taxes (77,591) (11,563) (104,901) (11,869)
Income tax benefit (expense) 2,253 (3,248) 5,904 (2,988)
Loss from continuing operations (75,338) (14,811) (98,997) (14,857)
Income from discontinued operations, net of taxes (Note 3) 301 178 753 6,027
Net loss $ (75,037) $ (14,633) $ (98,244) $ (8,830)
Basic and diluted:        
Loss from continuing operations (in dollars per share) $ (2.10) $ (0.37) $ (2.75) $ (0.35)
Income from discontinued operations (in dollars per share) 0.01 0.00 0.02 0.14
Net loss per share, basic and diluted (in dollars per share) [1] $ (2.10) $ (0.36) $ (2.73) $ (0.21)
Weighted average common and common equivalent shares outstanding:        
Basic and diluted (in shares) 35,815 40,314 35,958 42,900
Non-Franchise Lease        
Operating expenses:        
Rent $ 19,243 $ 32,332 $ 64,002 $ 102,952
Franchisor        
Operating expenses:        
Rent 31,821   96,875  
Service        
Revenues:        
Revenues 78,387 181,809 322,133 580,076
Operating expenses:        
Cost of services and products 54,824 111,632 212,664 348,060
Product        
Revenues:        
Revenues 34,877 53,766 124,516 173,006
Operating expenses:        
Cost of services and products 21,672 31,167 75,257 99,698
Royalties and fees        
Revenues:        
Revenues $ 8,698 $ 22,768 $ 66,062 $ 67,767
[1] Total is a recalculation; line items calculated individually may not sum to total due to rounding.