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LEASES (Tables)
 3 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule of Real Estate Taxes and Other Occupancy Expenses Total rent includes the following:
Three Months Ended September 30,
20222021
(Dollars in thousands)
Office and warehouse rent $872 $1,613 
Lease termination expense (1)458 1,340 
Lease liability benefit (2)(602)(2,431)
Franchise salon rent (3)(53)329 
Company-owned salon rent1,078 896 
Total$1,753 $1,747 
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(1)During the three months ended September 30, 2022, the Company incurred costs of $0.5 million to exit salons before the lease end date in order to relieve the Company of future lease obligations. For the three months ended September 30, 2021, the Company paid $0.9 million to exit its distribution centers before the lease end dates and incurred costs of $0.4 million to exit salons before the lease end dates in order to relieve the Company of future lease obligations.
(2)Upon termination of previously impaired leases, the Company derecognizes the corresponding ROU assets and lease liabilities which results in a net gain. In addition, the Company recognizes a benefit from lease liabilities decreasing in excess of previously impaired ROU assets for ongoing leases that were previously impaired.
(3)Franchise salon rent in fiscal year 2023 includes the benefit of incurring less cost to terminate a lease than estimated.
Lessor, Future Operating Lease Commitments
As of September 30, 2022, future operating lease commitments, including one renewal option for leases expected to be renewed, to be paid and received by the Company were as follows (in thousands):
Fiscal YearLeases for Franchise SalonsLeases for Company-owned SalonsCorporate LeasesTotal Operating Lease PaymentsSublease Income to be Received from FranchiseesNet Rent Commitments
Remainder of 2023$84,843 $2,245 $1,641 $88,729 $(84,843)$3,886 
2024100,949 1,809 1,301 104,059 (100,949)3,110 
202584,593 636 1,334 86,563 (84,593)1,970 
202671,111 314 1,367 72,792 (71,111)1,681 
202760,718 79 1,401 62,198 (60,718)1,480 
Thereafter122,790 106 4,417 127,313 (122,790)4,523 
Total future obligations$525,004 $5,189 $11,461 $541,654 $(525,004)$16,650 
Less amounts representing interest61,640 230 1,599 63,469 
Present value of lease liabilities$463,364 $4,959 $9,862 $478,185 
Less current lease liabilities93,915 2,760 1,595 98,270 
Long-term lease liabilities$369,449 $2,199 $8,267 $379,915 
Lessee, Future Operating Lease Commitments
As of September 30, 2022, future operating lease commitments, including one renewal option for leases expected to be renewed, to be paid and received by the Company were as follows (in thousands):
Fiscal YearLeases for Franchise SalonsLeases for Company-owned SalonsCorporate LeasesTotal Operating Lease PaymentsSublease Income to be Received from FranchiseesNet Rent Commitments
Remainder of 2023$84,843 $2,245 $1,641 $88,729 $(84,843)$3,886 
2024100,949 1,809 1,301 104,059 (100,949)3,110 
202584,593 636 1,334 86,563 (84,593)1,970 
202671,111 314 1,367 72,792 (71,111)1,681 
202760,718 79 1,401 62,198 (60,718)1,480 
Thereafter122,790 106 4,417 127,313 (122,790)4,523 
Total future obligations$525,004 $5,189 $11,461 $541,654 $(525,004)$16,650 
Less amounts representing interest61,640 230 1,599 63,469 
Present value of lease liabilities$463,364 $4,959 $9,862 $478,185 
Less current lease liabilities93,915 2,760 1,595 98,270 
Long-term lease liabilities$369,449 $2,199 $8,267 $379,915