| Fiscal period | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| Period End Date | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 |
|---|
| Product | 2.80 | 15.07 | 91.54 | 137.59 | 225.62 | 258.67 | 335.87 | 359.68 | 363.24 | 371.45 |
| Service | -- | -- | 108.12 | 331.54 | 749.66 | 899.05 | 1,307.73 | 1,383.66 | 1,429.41 | 1,480.10 |
| Franchise revenues: Product sales | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Company-owned salon revenue | 10.09 | 20.21 | -- | -- | -- | -- | -- | -- | -- | -- |
| Fees | 11.27 | 11.59 | -- | -- | -- | -- | -- | -- | -- | -- |
| Royalties and fees | 65.98 | 65.75 | 88.06 | 73.40 | 93.76 | 56.36 | 48.29 | 47.52 | 44.64 | 40.88 |
| Franchise rental income | 111.44 | 130.78 | 127.39 | 127.20 | -- | -- | -- | -- | -- | -- |
| Advertising fund contributions | 31.75 | 32.57 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Revenues | 233.33 | 275.97 | 415.11 | 669.73 | 1,069.04 | 1,214.07 | 1,691.89 | 1,790.87 | 1,837.29 | 1,892.44 |
| Cost of product | 3.54 | 17.39 | 79.17 | 84.70 | 128.82 | 140.62 | 166.34 | 179.34 | 180.56 | 187.20 |
| Cost of service | -- | -- | 79.14 | 222.28 | 452.83 | 530.58 | 838.19 | 868.19 | 882.72 | 907.29 |
| Franchise direct costs, including product and equipment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | -- | 258.58 | -- | -- | -- | -- | -- | -- | -- | -- |
| Company-owned salons: Depreciation | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Depreciation and amortization | 7.72 | 6.22 | 22.71 | 36.95 | 37.85 | 58.21 | 66.33 | 67.47 | 82.86 | 99.73 |
| Goodwill impairment | -- | 13.12 | -- | 40.16 | -- | -- | -- | -- | -- | 34.94 |
| General and Administrative | 50.75 | 65.27 | 105.43 | 130.95 | 177.00 | 174.05 | 174.50 | 178.03 | 186.05 | 172.79 |
| Site operating expenses | -- | -- | 51.46 | 71.54 | 141.03 | 127.25 | 168.44 | 182.95 | 192.44 | 202.36 |
| Corporate and franchise support costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Advertising fund expense | 31.75 | 32.57 | -- | -- | -- | -- | -- | -- | -- | -- |
| Rent & Others | 9.20 | 9.36 | 40.93 | 76.38 | 131.82 | 183.10 | 279.29 | 297.27 | 309.13 | 322.11 |
| TBG mall location restructuring | -- | -- | -- | 2.33 | 21.82 | -- | -- | -- | -- | -- |
| Other income (expenses) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Lease termination costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Long-lived asset impairment | (0.10) | (0.54) | (13.02) | (22.56) | -- | -- | -- | -- | -- | -- |
| Franchise rent expense | (111.44) | (130.78) | (127.39) | (127.20) | -- | -- | -- | -- | -- | -- |
| Company-owned salon expense | (8.83) | (21.95) | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory reserve | (1.23) | (7.66) | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses | 224.55 | 304.87 | 519.27 | 815.07 | 1,091.16 | 1,213.80 | 1,693.09 | 1,773.26 | 1,833.76 | 1,926.43 |
| Operating Income (Loss) | 8.78 | (28.90) | (104.15) | (145.34) | (22.12) | 0.27 | (1.20) | 17.61 | 3.53 | (33.99) |
| Interest | 22.14 | 12.91 | 13.81 | 7.52 | 4.80 | 10.49 | 8.70 | 9.32 | 10.21 | 22.29 |
| Terminated acquisition income, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain (Loss) from sale of salon assets to franchisees, net | -- | (2.33) | (16.70) | (27.31) | 2.92 | -- | -- | -- | -- | -- |
| Interest income and other | -- | (0.30) | 15.90 | 3.35 | 1.73 | 6.67 | 3.07 | 4.22 | 1.70 | 1.95 |
| Other, net | 1.36 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income (loss) before income taxes | (12.00) | (44.44) | (118.76) | (176.81) | (22.27) | (3.55) | (6.84) | 12.52 | (4.98) | (54.33) |
| Income before income taxes: United States | (10.20) | (41.23) | (153.96) | (165.26) | (17.51) | (10.25) | (7.76) | 12.48 | (6.63) | (51.87) |
| Income before income taxes: International | (1.79) | (3.21) | 35.20 | (11.55) | (4.75) | 6.70 | 0.92 | 0.04 | 1.65 | (2.46) |
| Income taxes | (0.66) | 2.02 | (5.43) | (4.62) | (2.15) | (65.43) | 9.22 | 9.05 | 14.61 | 71.13 |
| Deferred: International | 0.26 | (0.15) | 0.31 | (0.58) | (0.39) | (0.13) | 0.06 | 0.03 | 1.72 | 0.79 |
| Current: International | (0.43) | (0.43) | (1.42) | 0.24 | 1.07 | 1.89 | 0.27 | 1.21 | 1.78 | 0.89 |
| Current: United States | (0.22) | (0.54) | (0.62) | (0.93) | (0.52) | 2.15 | 0.99 | 0.82 | 1.67 | 1.46 |
| Deferred: United States | (0.27) | 3.13 | (3.70) | (3.35) | (2.30) | (69.35) | 7.90 | 7.00 | 9.44 | 67.99 |
| Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Nonrecurring income tax benefit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Current: Nonrecurring federal benefit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in income of affiliated companies, net of income taxes | -- | -- | -- | -- | -- | -- | (0.08) | (14.78) | (13.63) | (11.62) |
| Income (loss) from Continuing Operations | (11.34) | (46.46) | (113.33) | (172.19) | (20.12) | 61.89 | (16.14) | (11.32) | (33.21) | (137.08) |
| Income from Discontinued Operations | 3.96 | (39.40) | -- | 0.83 | 5.90 | (53.19) | -- | -- | (0.63) | 1.35 |
| Net Income (Loss) Available to Common Shareholders | (7.39) | (85.86) | (113.33) | (171.36) | (14.23) | 8.70 | (16.14) | (11.32) | (33.84) | (135.73) |
| Continuing Operations- (Basic) | (0.25) | (1.07) | (3.15) | (4.79) | (0.48) | 1.33 | (0.35) | (0.23) | (0.60) | (2.43) |
| EPS (BASIC): Income (loss) from discontinued operations, net of income taxes | 0.09 | (0.90) | -- | 0.02 | 0.14 | (1.14) | -- | -- | (0.01) | 0.02 |
| Net Earnings Per Share (Basic) | (0.16) | (1.97) | (3.15) | (4.77) | (0.34) | 0.19 | (0.35) | (0.23) | (0.62) | (2.40) |
| Continuing Operations- (Diluted) | (0.25) | (1.07) | (3.15) | (4.79) | (0.48) | 1.32 | (0.35) | (0.23) | (0.60) | (2.43) |
| EPS (DILUTED): Income (loss) from discontinued operations, net of income taxes | 0.09 | (0.90) | -- | 0.02 | 0.14 | (1.13) | -- | -- | (0.01) | 0.02 |
| Net Earnings Per Share (Diluted) | (0.16) | (1.97) | (3.15) | (4.77) | (0.34) | 0.18 | (0.35) | (0.23) | (0.62) | (2.40) |
| Weighted Average Shares Outstanding (Basic) | 46.24 | 43.58 | 35.96 | 35.94 | 41.83 | 46.52 | 46.36 | 48.54 | 54.99 | 56.48 |
| Weighted Average Shares Outstanding (Diluted) | 46.24 | 43.58 | 35.96 | 35.94 | 41.83 | 47.04 | 46.36 | 48.54 | 54.99 | 56.48 |