REVENUE RECOGNITION (Tables)

12 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Schedule of receivables, broker fees and deferred revenue

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

	June 30, 2022		June 30, 2021		Balance Sheet Classification
	(Dollars in thousands)
Receivables from contracts with customers, net	$	10,263	$	18,011	Receivable, net
Broker fees	15,592		19,254		Other assets
Deferred revenue:
Current
Gift card liability	$	2,037	$	2,240	Accrued expenses
Deferred franchise fees unopened salons	16		40		Accrued expenses
Deferred franchise fees open salons	5,770		5,884		Accrued expenses
Total current deferred revenue	$	7,823	$	8,164
Non-current
Deferred franchise fees unopened salons	$	3,211	$	6,571	Other non-current liabilities
Deferred franchise fees open salons	26,827		32,365		Other non-current liabilities
Total non-current deferred revenue	$	30,038	$	38,936

Allowance for doubtful accounts

The following table is a rollforward of the allowance for doubtful accounts for the periods indicated:

	Fiscal Years
	2022		2021
	(Dollars in thousands)
Balance at beginning of period	$	7,774	$	6,899
Provision for doubtful accounts (1)	967		509
Provision for franchisee rent (2)	1,421		1,920
Reclass of accrued rent (3)	149		—
Write-offs	(3,752)		(1,554)
Balance at end of period	$	6,559	$	7,774

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(1)The provision for doubtful accounts is recognized as general and administrative expense in the Consolidated Statement of Operations.

(2)The provision for franchisee rent is recognized as rent in the Consolidated Statement of Operations.

(3)The reclass of accrued rent represents franchisee rent obligations guaranteed by the Company that were unbilled and deemed unrecoverable as of June 30, 2021. The amounts billed in fiscal year 2022 and the related accrual was reclassified to allowance for doubtful accounts.

Broker fees

The following table is a rollforward of the broker fee balance for the periods indicated:

	Fiscal Years
	2022		2021
	(Dollars in thousands)
Balance at beginning of period	$	19,254	$	20,516
Additions	25		2,112
Amortization	(3,189)		(3,180)
Write-offs	(498)		(194)
Balance at end of period	$	15,592	$	19,254

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 June 30, 2022 is as follows (in thousands):

2023	$	5,770
2024	5,468
2025	5,092
2026	4,618
2027	4,157
Thereafter	7,492
Total	$	32,597