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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Revenues:    
Franchise rental income $ 33,762 $ 32,283
Total revenues 77,756 111,396
Operating expenses:    
General and administrative 21,789 26,148
Rent 33,800 32,300
Advertising fund expense 8,114 4,510
Company-owned salon expense 7,945 42,943
Depreciation and amortization 1,869 7,376
Long-lived asset impairment 163 5,824
Total operating expenses 83,557 142,987
Operating loss (5,801) (31,591)
Other (expense) income:    
Interest expense (3,306) (3,762)
Loss from sale of salon assets to franchisees, net (1,080) (662)
Interest income and other, net (239) 114
Loss from continuing operations before income taxes (10,426) (35,901)
Income tax benefit 48 635
Net loss $ (10,378) $ (35,266)
Basic and diluted:    
Net loss per share, basic (in dollars per share) [1] $ (0.28) $ (0.98)
Net loss per share, diluted (in dollars per share) [1] $ (0.28) $ (0.98)
Weighted average common and common equivalent shares outstanding:    
Basic (in shares) 36,850 35,908
Diluted (in shares) 36,850 35,908
Non-Franchise Lease    
Operating expenses:    
Rent $ 1,803 $ 13,225
Franchisor    
Operating expenses:    
Rent 33,762 32,283
Royalties    
Revenues:    
Revenues 16,602 11,405
Fees    
Revenues:    
Revenues 3,265 2,042
Advertising fund contributions    
Revenues:    
Revenues 8,114 4,509
Franchisees products    
Revenues:    
Revenues 8,008 13,742
Operating expenses:    
Cost of product sales to franchisees 8,112 10,678
Company owned salon products and services    
Revenues:    
Revenues 8,005 47,415
Operating expenses:    
Company-owned salon expense [2] $ 7,945 $ 42,943
[1] Total is a recalculation; line items calculated individually may not sum to total due to rounding.
[2] Includes cost of service and product sold to guests in our Company-owned salons. Excludes general and administrative expense, rent and depreciation and amortization related to Company-owned salons