BASIS OF PRESENTATION OF UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Tables)

3 Months Ended

Sep. 30, 2012

BASIS OF PRESENTATION OF UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Schedule of impact of the reclassification, excluding discontinued operations

	For the Three Months Ended, September 30, 2011
	Prior Presentation(1)		Reclassification			As Presented
	(Dollars in thousands)
Cost of service	$	235,969	$	(304	)	$	235,665
Site operating expenses	50,971		3,840			54,811
General and administrative	69,406		(3,536		)	65,870

(1)  Prior presentation amounts exclude amounts related to discontinued operations.  See Note 3 to the Condensed Consolidated Statement of Operations.

Schedule of impact of the reclassification, excluding discontinued operations, by reportable segments

	For the three months ended, September 30, 2011
	North America						Corporate
	Prior Presentation(1)		Reclassification		As Presented(3)		Prior Presentation		Reclassification			As Presented(3)
	(Dollars in thousands)						(Dollars in thousands)
General and administrative(2)	$	29,706	$	2,939	$	32,645	$	36,775	$	(6,191	)	$	30,584
Rent	73,215		165		73,380		197		(165		)	32
Depreciation and amortization	17,970		571		18,541		11,521		(571		)	10,950

(1)  Prior presentation amounts exclude amounts related to discontinued operations.  See Note 3 to the Condensed Consolidated Statement of Operations.

(2) The North America general and administrative reclassification consists of a $6,191 increase for the offset to the Corporate reclassification within this line item, partially offset by a decrease of $3,252 applicable to North America for the marketing and advertising expense reclassification above.

(3) See Note 12 to the Condensed Consolidated Statement of Operations for presentation of segment information.

Schedule of stock options outstanding and weighted average exercise price

Options	Shares		Weighted Average Exercise Price
	(in thousands)
Outstanding at June 30, 2012	652		$	32.53
Granted	—		—
Exercised	(3	)	18.90
Forfeited or expired	(64	)	29.77
Outstanding at September 30, 2012	585		$	32.89
Exercisable at September 30, 2012	531		$	33.94

Rollforward of RSAs, RSUs and SARs outstanding, as well as other relevant terms of the awards

	Restricted Stock Outstanding				SARs Outstanding
	Shares/Units		Weighted Average Grant Date Fair Value		Shares		Weighted Average Exercise Price
	(in thousands)				(in thousands)
Balance, June 30, 2012	660		$	25.44	734		$	26.02
Granted	284		17.52		581		18.01
Vested/Exercised	(17	)	17.96		(3	)	16.60
Forfeited or expired	(3	)	18.01		(287	)	28.00
Balance, September 30, 2012	924		$	23.18	1,025		$	20.95

Schedule of performance share units outstanding and weighted average grant date fair value

	Nonvested
Performance Share	Units (1)	Weighted Average Grant Date Fair Value
	(in thousands)
Outstanding at June 30, 2012	—	$	—
Granted	193	18.38
Vested	—	—
Forfeited	—	—
Outstanding at September 30, 2012	193	$	18.38

(1)  Assumes attainment of targeted payout rates as set forth in the performance criteria based in thousands of share units.

Schedule of weighted average fair values per stock-based compensation award granted

	2012		2011
SARs	$	6.64	$	—
Restricted stock awards	18.01		13.59
Restricted stock units	17.16		—
Performance share units	18.38		—

Schedule of assumptions used in determining the underlying fair value on the date of grant of the SAR and market-based RSU grants

	SAR		RSU
Risk-free interest rate	0.85	%	0.66	%
Expected term (in years)	6.00		N/A
Expected volatility	44.00	%	47.00	%
Expected dividend yield	1.33	%	1.33	%

Schedule of goodwill by reporting unit

Reporting Unit	As of September 30, 2012		As of June 30, 2012
	(Dollars in thousands)
Regis	$	35,957	$	35,910
MasterCuts	4,652		4,652
SmartStyle	48,780		48,558
Supercuts	129,634		129,621
Promenade	244,894		243,538
Total North America Salons	$	463,917	$	462,279