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SEGMENT INFORMATION:
3 Months Ended
Sep. 30, 2013
SEGMENT INFORMATION:  
SEGMENT INFORMATION:

11.                               SEGMENT INFORMATION:

 

As of September 30, 2013, the Company owned, franchised, or held ownership interests in 9,752 worldwide locations. The Company’s locations consisted of 9,154 North American salons, including 2,103 franchised salons (located in the United States, Canada and Puerto Rico), 352 international salons (located primarily in the United Kingdom), and 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 Three Months
Ended September 30,

 

 

 

2013

 

2012

 

 

 

(Dollars in thousands)

 

Revenues (1):

 

 

 

 

 

North American Salons

 

$

439,531

 

$

473,882

 

International Salons

 

29,052

 

31,478

 

 

 

$

468,583

 

$

505,360

 

Operating income (loss) (1):

 

 

 

 

 

North American Salons

 

$

28,808

 

$

33,978

 

International Salons

 

(257

)

422

 

Total segment operating income

 

28,551

 

34,400

 

Unallocated Corporate

 

(27,122

)

(25,127

)

Operating income (1)

 

$

1,429

 

$

9,273

 

 

 

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