REVENUE RECOGNITION (Tables)
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12 Months Ended |
Jun. 30, 2026 |
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| Revenue from Contract with Customer [Abstract] |
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| Schedule of Receivables, Broker Fees and Deferred Revenue |
Information about receivables, broker fees, and deferred revenue subject to the revenue recognition guidance is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30,
2026 | | June 30,
2025 | | June 30,
2024 | | Balance Sheet Classification | | | | | | | | | | | | (Dollars in thousands) | | | | Receivables from contracts with customers, net | | $ | 7,622 | | | $ | 7,378 | | | $ | 6,887 | | | Receivable, net | | Broker fees | | 4,115 | | | 5,997 | | | 9,369 | | | Other assets | | | | | | | | | | | Deferred revenue: | | | | | | | | | | Current | | | | | | | | | | Gift card liability | | $ | 324 | | | $ | 476 | | | $ | 366 | | | Accrued expenses | | | | | | | | | | | Deferred franchise fees open salons | | 3,285 | | | 3,832 | | | 4,738 | | | Accrued expenses | | Total current deferred revenue | | $ | 3,609 | | | $ | 4,308 | | | $ | 5,104 | | | | | Non-current | | | | | | | | | | Deferred franchise fees unopened salons | | $ | 688 | | | $ | 1,475 | | | $ | 1,783 | | | Other non-current liabilities | | Deferred franchise fees open salons | | 6,213 | | | 9,394 | | | 14,972 | | | Other non-current liabilities | | Total non-current deferred revenue | | $ | 6,901 | | | $ | 10,869 | | | $ | 16,755 | | | |
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| Schedule of Rollforward of Allowance of Credit Losses |
The following table is a rollforward of the allowance for credit losses for the periods indicated: | | | | | | | | | | | | | | | | | Fiscal Years | | | 2026 | | 2025 | | | | | | | | (Dollars in thousands) | | Balance at beginning of period | | $ | 5,015 | | | $ | 6,227 | | | Provision for doubtful accounts (1) | | 892 | | | 3,040 | | | Provision for franchisee rent (2) | | 713 | | | 790 | | | | | | | | Recoveries | | (1,361) | | | (2,266) | | | Other | | (61) | | | 78 | | | Write-offs | | (1,438) | | | (2,854) | | | Balance at end of period | | $ | 3,760 | | | $ | 5,015 | |
_____________________________________________________________________________(1)The provision for doubtful accounts is recognized as general and administrative expense in the Consolidated Statements of Operations. (2)The provision for franchisee rent is recognized as rent in the Consolidated Statements of Operations.
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| Schedule of Rollforward of Broker Fees |
The following table is a rollforward of the broker fee balance for the periods indicated: | | | | | | | | | | | | | | | | | Fiscal Years | | | 2026 | | 2025 | | | | | | | | (Dollars in thousands) | | Balance at beginning of period | | $ | 5,997 | | | $ | 9,369 | | | | | | | | Amortization | | (1,882) | | | (2,313) | | | Write-offs | | — | | | (1,059) | | | Balance at end of period | | $ | 4,115 | | | $ | 5,997 | |
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| Schedule of Estimated Revenue Expected to be Recognized |
Estimated revenue expected to be recognized in the future related to deferred franchise fees for open salons as of June 30, 2026, is as follows (Dollars in thousands): | | | | | | | | | | 2027 | | $ | 3,192 | | | 2028 | | 2,529 | | | 2029 | | 1,814 | | | 2030 | | 822 | | | 2031 | | 262 | | | Thereafter | | 879 | | | Total | | $ | 9,498 | |
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