DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Jun. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

Schedules of discontinued operations

The following summarizes the results of discontinued operations for the periods presented:

	Fiscal Years
	2023		2022		2021
	(Dollars in thousands)
Discontinued operations:
Fees	$	(226)	$	3,811	$	3,461
Cost of product sales to franchisees	—		(1,037)		(2,790)
General and administrative	(27)		(3,517)		(9,006)
Rent	(351)		(194)		(176)
Depreciation and amortization	—		(1,322)		(964)
Goodwill impairment (1)	—		(2,880)		—
Interest expense	—		(715)		(650)
Gain (loss) from sale of OSP	4,562		(36,143)		—
Income (loss) from discontinued operations, before taxes	3,958		(41,997)		(10,125)
Income tax benefit from discontinued operations (2)	—		2,599		—
Income (loss) from discontinued operations, net of tax	$	3,958	$	(39,398)	$	(10,125)

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(1)Goodwill impairment included in discontinued operations represents the portion of impairment allocated to the OSP business based on relative fair value.

(2)Income taxes have been allocated to continuing and discontinued operations based on the methodology required by accounting for income taxes guidance. There was no tax impact in fiscal years 2023 and 2021 due to a valuation allowance.

The following summarizes the gain (loss) from sale of OSP for the periods presented:

	Fiscal Years
	2023		2022		2021
	(Dollars in thousands)
Cash proceeds	$	5,000	$	13,000	$	—
Goodwill derecognition	—		(38,358)		—
Software write-off (1)	(64)		(8,408)		—
Hardware write-down (2)	(367)		(1,825)		—
Other, net, including professional fees	(7)		(552)		—
Gain (loss) from sale of OSP	$	4,562	$	(36,143)	$	—

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(1)Write-off of internally developed capitalized software.

(2)Prior to the sale, hardware used to run OSP was sold to franchisees. As a result of the sale, the Company wrote-down the value of the hardware to its net realizable value and the charge is included in the loss on the sale of OSP.

The following summarizes capital expenditures related to discontinued operations for the periods presented:

	Fiscal Years
	2023		2022		2021
	(Dollars in thousands)
Capital expenditures	$	—	$	1,067	$	3,591