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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Revenues:    
Franchise rental income $ 32,283 $ 31,424
Total revenues 111,396 247,038
Operating expenses:    
Site operating expenses 13,239 32,942
General and administrative 26,148 40,625
Rent 32,300 31,400
Depreciation and amortization 7,376 9,380
Long-lived asset impairment 5,824 0
TBG mall location restructuring (Note 3) 0 1,500
Total operating expenses 142,987 256,944
Operating loss (31,591) (9,906)
Other (expense) income:    
Interest expense (3,762) (1,439)
Loss from sale of salon assets to franchisees, net (662) (5,860)
Interest income and other, net 114 171
Loss from continuing operations before income taxes (35,901) (17,034)
Income tax benefit 635 2,856
Loss from continuing operations (35,266) (14,178)
Income from discontinued operations, net of taxes (Note 3) 0 373
Net loss $ (35,266) $ (13,805)
Basic and diluted:    
Loss from continuing operations (in dollars per share) $ (0.98) $ (0.39)
Income from discontinued operations (in dollars per share) 0.00 0.01
Net loss per share, basic and diluted (in dollars per share) [1] $ (0.98) $ (0.38)
Weighted average common and common equivalent shares outstanding:    
Basic and diluted (in shares) 35,908 36,249
Non-Franchise Lease    
Operating expenses:    
Rent $ 13,225 $ 24,264
Franchisor    
Operating expenses:    
Rent 32,283 31,424
Service    
Revenues:    
Revenues 36,408 141,941
Operating expenses:    
Cost of services and products 28,523 90,482
Product    
Revenues:    
Revenues 24,749 45,656
Operating expenses:    
Cost of services and products 16,369 26,327
Royalties and fees    
Revenues:    
Revenues $ 17,956 $ 28,017
[1] Total is a recalculation; line items calculated individually may not sum to total due to rounding.