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SEGMENT INFORMATION:
9 Months Ended
Mar. 31, 2013
SEGMENT INFORMATION:  
SEGMENT INFORMATION:

11.          SEGMENT INFORMATION:

 

As of March 31, 2013, the Company owned, franchised, or held ownership interests in approximately 10,000 worldwide locations. The Company’s locations consisted of 9,222 North American salons, including 2,060 franchise salons (located in the United States, Canada and Puerto Rico), 371 international salons (located primarily in the United Kingdom), and approximately 246 locations in which the Company maintains an ownership interest through the Company’s investment in affiliates. See Note 3 to the Condensed Consolidated Financial Statements for discussion of the Company’s investment in affiliates.

 

Based on the way the Company manages its business, it has reported its North American salons and international salons as two separate reportable segments.

 

 

 

For the Periods Ended March 31,

 

 

 

Three Months

 

Nine Months

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(Dollars in thousands)

 

Revenues (1):

 

 

 

 

 

 

 

 

 

North American Salons

 

$

475,811

 

$

503,312

 

$

1,423,095

 

$

1,493,238

 

International Salons

 

29,126

 

32,589

 

93,367

 

100,147

 

 

 

$

504,937

 

$

535,901

 

$

1,516,462

 

$

1,593,385

 

Operating income (loss) (1):

 

 

 

 

 

 

 

 

 

North American Salons

 

$

32,012

 

$

55,622

 

$

101,192

 

$

156,729

 

International Salons

 

(213

)

602

 

442

 

1,358

 

Total segment operating income

 

31,799

 

56,224

 

101,634

 

158,087

 

Unallocated Corporate

 

(28,491

)

(33,274

)

(80,330

)

(114,197

)

Operating income (1)

 

$

3,308

 

$

22,950

 

$

21,304

 

$

43,890

 

 

(1)         See Note 2 to the Condensed Consolidated Financial Statements for discussion of the classification of the results of operations of Hair Club as discontinued operations.