SEGMENT INFORMATION (Tables)

9 Months Ended

Mar. 31, 2023

The Company's reportable operating segments consisted of the following salons:


	March 31, 2023		June 30, 2022

FRANCHISE SALONS:
Supercuts	2,123		2,264
SmartStyle/Cost Cutters in Walmart Stores	1,535		1,646
Portfolio Brands	1,265		1,344
Total North American salons	4,923		5,254
Total International salons (1)	134		141
Total Franchise salons	5,057		5,395
as a percent of total Franchise and Company-owned salons	98.6	%	98.1	%

COMPANY-OWNED SALONS:
Supercuts	7		18
SmartStyle/Cost Cutters in Walmart Stores	48		49
Portfolio Brands	15		38
Total Company-owned salons	70		105
as a percent of total Franchise and Company-owned salons	1.4	%	1.9	%

OWNERSHIP INTEREST LOCATIONS:
Equity ownership interest locations	76		76

Grand Total, System-wide	5,203		5,576

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(1)Canadian and Puerto Rican salons are included in the North American salon totals.


	Three Months Ended March 31,				Nine Months Ended March 31,
	2023		2022		2023		2022

	(Dollars in thousands)

Revenues:
Franchise	$	53,606	$	60,261	$	169,717	$	193,300
Company-owned	2,167		3,549		7,894		16,597
Total revenue	55,773		63,810		177,611		209,897

Segment adjusted EBITDA:
Franchise	4,815		2,936		17,338		5,190
Company-owned	(631)		(3,265)		(1,496)		(7,950)
Total	4,184		(329)		15,842		(2,760)
Unallocated expenses	(755)		(7,155)		(3,384)		(8,572)
Depreciation and amortization	(1,008)		(1,622)		(6,052)		(4,766)
Long-lived asset impairment	(36)		(327)		(36)		(542)
Goodwill impairment	—		(13,120)		—		(13,120)
Interest expense	(4,787)		(3,224)		(13,123)		(9,621)
Income tax benefit	241		1,270		213		1,482
Income (loss) from discontinued operations	518		(3,411)		3,958		(5,325)
Total net loss	$	(1,643)	$	(27,918)	$	(2,582)	$	(43,224)