Tuesday Morning (TUEMQ) 10-K 21 Aug 18 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2018	Aug. 17, 2018	Dec. 31, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	TUESDAY MORNING CORP/DE
Entity Central Index Key	878,726
Document Type	10-K
Document Period End Date	Jun. 30, 2018
Amendment Flag	false
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Trading Symbol	TUES
Current Fiscal Year End Date	--06-30
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		45,917,531
Entity Public Float			$ 101,965,702

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Current assets:
Cash and cash equivalents	$ 9,510	$ 6,263
Inventories	234,365	221,906
Prepaid expenses	6,301	6,367
Other current assets	1,206	1,982
Total Current Assets	251,382	236,518
Property and equipment, net	121,117	118,397
Deferred financing costs	671	986
Other assets	3,086	2,252
Total Assets	376,256	358,153
Current liabilities:
Accounts payable	88,912	67,326
Accrued liabilities	41,765	44,260
Income taxes payable	66	11
Total Current Liabilities	130,743	111,597
Borrowings under revolving credit facility	38,480	30,500
Deferred rent	22,883	13,883
Asset retirement obligation — non-current	3,100	2,307
Other liabilities — non-current	796	1,027
Total Liabilities	196,002	159,314
Commitments and contingencies
Stockholders’ equity:
Preferred stock, par value $0.01 per share, authorized 10,000,000 shares; none issued or outstanding
Common stock, par value $0.01 per share, authorized 100,000,000 shares; 47,648,958 shares issued and 45,865,297 shares outstanding at June 30, 2018 and 46,904,295 shares issued and 45,120,634 shares outstanding at June 30, 2017	469	469
Additional paid-in capital	237,957	234,604
Retained deficit	(51,360)	(29,422)
Less: 1,783,661 common shares in treasury, at cost, at June 30, 2018, 1,783,661 common shares in treasury at cost at June 30, 2017	(6,812)	(6,812)
Total Stockholders’ Equity	180,254	198,839
Total Liabilities and Stockholders’ Equity	$ 376,256	$ 358,153

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2018	Jun. 30, 2017
Stockholders’ equity:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	47,648,958	46,904,295
Common stock, shares outstanding	45,865,297	45,120,634
Treasury stock, shares	1,783,661	1,783,661

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Net sales	$ 230,473	$ 223,296	$ 333,807	$ 218,756	$ 223,642	$ 203,001	$ 328,137	$ 211,885	$ 1,006,332	$ 966,665	$ 956,396
Cost of sales									665,358	645,920	614,594
Gross profit	77,036	80,303	105,685	77,950	70,268	67,156	105,982	77,339	340,974	320,745	341,802
Selling, general and administrative expenses									361,924	353,025	339,398
Operating income/(loss)	(9,443)	(7,789)	8,276	(11,994)	(17,129)	(14,678)	8,767	(9,240)	(20,950)	(32,280)	2,404
Other income/(expense):
Interest expense									(2,061)	(1,485)	(1,068)
Other income, net									934	1,420	2,640
Income/(loss) before income taxes									(22,077)	(32,345)	3,976
Income tax provision/(benefit)									(139)	197	263
Net income/(loss)	$ (10,296)	$ (8,080)	$ 8,692	$ (12,254)	$ (17,321)	$ (14,796)	$ 8,430	$ (8,855)	$ (21,938)	$ (32,542)	$ 3,713
Net income/(loss) per common share:
Basic	$ (0.23)	$ (0.18)	$ 0.19	$ (0.28)	$ (0.39)	$ (0.34)	$ 0.19	$ (0.20)	$ (0.50)	$ (0.74)	$ 0.08
Diluted	$ (0.23)	$ (0.18)	$ 0.19	$ (0.28)	$ (0.39)	$ (0.34)	$ 0.19	$ (0.20)	$ (0.50)	$ (0.74)	$ 0.08
Weighted average number of common shares:
Basic									44,282	43,943	43,705
Diluted									44,282	43,943	43,736

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Retained (Deficit) Earnings	Treasury Stock
Balance at Jun. 30, 2015	$ 220,289	$ 458	$ 227,085	$ (593)	$ (6,661)
Balance (in shares) at Jun. 30, 2015		44,069,000
Net income (loss)	3,713			3,713
Shares issued or canceled in connection with employee stock incentive plans and related tax effect	5	$ 5
Shares issued or canceled in connection with employee stock incentive plans and related tax effect (in shares)		505,000
Shares issued in connection with exercises of employee stock options (in shares)		5,000
Purchase of treasury stock	(128)				(128)
Purchase of treasury stock (in shares)		(18,000)
Share-based compensation expense	3,403		3,403
Balance at Jun. 30, 2016	227,282	$ 463	230,488	3,120	(6,789)
Balance (in shares) at Jun. 30, 2016		44,561,000
Net income (loss)	(32,542)			(32,542)
Shares issued or canceled in connection with employee stock incentive plans and related tax effect	6	$ 6
Shares issued or canceled in connection with employee stock incentive plans and related tax effect (in shares)		558,000
Shares issued in connection with exercises of employee stock options	2		2
Shares issued in connection with exercises of employee stock options (in shares)		6,000
Purchase of treasury stock	(23)				(23)
Purchase of treasury stock (in shares)		(4,000)
Share-based compensation expense	4,114		4,114
Balance at Jun. 30, 2017	$ 198,839	$ 469	234,604	(29,422)	(6,812)
Balance (in shares) at Jun. 30, 2017	45,120,634	45,121,000
Net income (loss)	$ (21,938)			(21,938)
Shares issued or canceled in connection with employee stock incentive plans and related tax effect (in shares)		741,000
Shares issued in connection with exercises of employee stock options	4		4
Shares issued in connection with exercises of employee stock options (in shares)		3,000
Share-based compensation expense	3,349		3,349
Balance at Jun. 30, 2018	$ 180,254	$ 469	$ 237,957	$ (51,360)	$ (6,812)
Balance (in shares) at Jun. 30, 2018	45,865,297	45,865,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income/(loss)	$ (21,938)	$ (32,542)	$ 3,713
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:
Depreciation and amortization	25,671	21,349	16,010
Amortization of financing costs	315	326	462
Loss on disposal of assets	82	79	700
Gain on sale-leaseback transaction	(371)	(741)	(2,515)
Share-based compensation	3,433	4,184	3,115
Deferred income taxes	(565)	31	11
Construction allowances from landlords	8,568	2,566
Change in operating assets and liabilities:
Inventories	(12,543)	20,339	(32,043)
Prepaid and other current assets	559	(1,138)	633
Accounts payable	22,612	(16,337)	6,611
Accrued liabilities	(362)	(2,047)	6,653
Deferred rent	1,280	4,964	2,805
Income taxes payable	62	19	(10)
Other liabilities—non-current	368	(648)	2,268
Net cash provided by operating activities	27,171	404	8,413
Cash flows from investing activities:
Capital expenditures	(30,764)	(41,682)	(45,545)
Proceeds from sale-leaseback transaction			8,797
Purchase of intellectual property	(42)	(5)	(1,318)
Proceeds from sale of assets	83	127	41
Net cash used in investing activities	(30,723)	(41,560)	(38,025)
Cash flows from financing activities:
Proceeds under revolving credit facility	195,500	176,500
Repayments under revolving credit facility	(187,520)	(146,000)
Change in cash overdraft	(1,026)	2,810
Proceeds from the exercise of employee stock options	4	8	5
Payments on capital leases	(159)	(26)
Purchase of treasury stock		(23)	(128)
Payment of financing costs			(903)
Net cash provided by/(used in) financing activities	6,799	33,269	(1,026)
Net increase/(decrease) in cash and cash equivalents	3,247	(7,887)	(30,638)
Cash and cash equivalents, beginning of period	6,263	14,150	44,788
Cash and cash equivalents, end of period	9,510	6,263	14,150
Supplemental cash flow information:
Interest paid	1,615	1,113	541
Income taxes paid	$ 285	310	$ 256
Capital lease obligation incurred		$ 817

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Nature of Operations and Summary of Significant Accounting Policies	(1) NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Throughout these notes, Tuesday Morning Corporation is referred to as “Tuesday Morning,” “we” or “the Company”. Tuesday Morning is a leading off-price retailer, specializing in name-brand, high-quality products for the home, including upscale textiles, furnishings, housewares, gourmet food, toys and seasonal décor at prices generally below those charged by boutique, specialty and department stores, catalogs and on‑line retailers in the United States. We operated 726 discount retail stores in 40 states as of June 30, 2018 (731 and 751 stores at June 30, 2017 and 2016, respectively). We distribute periodic circulars and direct mail that keep customers familiar with Tuesday Morning. (a) Basis of Presentation —The accompanying consolidated financial statements include the accounts of Tuesday Morning Corporation, a Delaware corporation, and its wholly‑owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. We operate our business as a single operating segment. Certain reclassifications were made to prior period amounts to conform to the current period presentation. None of the reclassifications affected our net income/(loss) in any period. We do not present a separate statement of comprehensive income, as we have no material other comprehensive income items. Our fiscal year ended on June 30, 2018, which we refer to as fiscal 2018. (b) Use of Estimates —The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of net sales and expenses during the reporting period. Actual results could differ from those estimates. (c) Cash and Cash Equivalents (d) Inventories Stores conduct annual physical inventories, staggered during the second half of the fiscal year. We make adjustments to our financial statements based on the results of the physical inventories. During periods in which no physical inventories occur, we utilize an estimate for recording shrinkage reserves, based on historical trends of physical inventory results. These shrinkage reserves may require a favorable or unfavorable adjustment to actual results to the extent our subsequent physical inventories yield a different result. We review our inventory during and at the end of each quarter to ensure that all necessary pricing actions are taken to adequately value our inventory at the lower of cost or market by recording permanent markdowns to our on hand inventory. Management believes these markdowns result in the appropriate prices necessary to stimulate demand for the merchandise. Actual recorded permanent markdowns could differ materially from management’s initial estimates based on future customer demand or economic conditions. (e) Property and Equipment Estimated Useful Lives Buildings 30 years Furniture and fixtures 3 to 7 years Leasehold improvements Shorter of useful life or lease term Equipment 5 to 10 years Assets under capital lease Shorter of useful life or lease term Software 3 to 10 years Upon sale or retirement of an asset, the related cost and accumulated depreciation are removed from our balance sheet and any gain or loss is recognized in the statement of operations. Expenditures for maintenance, minor renewals and repairs are expensed as incurred, while major replacements and improvements are capitalized. For both the fiscal years ended June 30, 2018 and June 30, 2017, we disposed of assets with a net book value of approximately $0.1 million, primarily related to our store closing and relocation program. Gains or losses related to the sale or other disposal of such assets in these periods were presented in other income/(expense) on our Consolidated Statement of Operations. (f) Deferred Financing Costs (g) Income Taxes We file our annual federal income tax return on a consolidated basis. Furthermore, we recognize uncertain tax positions when we have determined it is more likely than not that a tax position will be sustained upon examination. However, new information may become available, or applicable laws or regulations may change, thereby resulting in a favorable or unfavorable adjustment to amounts recorded. Our results of operations included the estimated impact of the enactment of the Tax Cuts and Jobs Act of 2017 (“TCJA”), which was signed into law on December 22, 2017. The TCJA makes significant and complex changes to U.S. tax law including, but not limited to, (i) reducing the U.S. federal corporate tax rate from 35% to 21%; (ii) eliminating the corporate alternative minimum tax (“AMT”) and providing a refund mechanism for existing AMT credits; (iii) creating a new limitation on the deductibility of interest expense; (iv) changing rules related to uses and limitation of net operating loss carryforwards created in tax years beginning after December 31, 2017; and (v) significant acceleration of depreciation expense. As a result of the adoption of the TCJA upon enactment during fiscal year 2018, the blended statutory federal tax rate for the year was 27.2%. continue to assess our accounting for the tax effects of enactment of the TCJA. Final calculations will be completed within the one year measurement period ending December 22, 2018, as required under the rules issued by the SEC. In the second fiscal quarter of 2018, we applied the provisions of the newly enacted TCJA, resulting in an approximate $0.5 million income tax benefit connected with future refunds of AMT credits no longer requiring a valuation allowance. In the third fiscal quarter of 2018, we recognized a $0.1 million additional benefit related to AMT credits. Applying the provisions of TCJA, including the remeasurement of our deferred taxes at the new corporate tax rate, had a material impact on our gross deferred taxes; however, the impact was mitigated as substantially all of our net deferred tax assets have corresponding valuation allowances. (h) Self-Insurance Reserves The insurance liabilities we record are primarily influenced by the frequency and severity of claims, and include a reserve for claims incurred but not yet reported. Our estimated reserves may be materially different from our future actual claim costs, and, when required adjustments to our estimate reserves are identified, the liability will be adjusted accordingly in that period. Our self‑insurance reserves for workers’ compensation, general liability and medical were $10.1 million and $1.8 million and $0.9 million, respectively, at June 30, 2018 and $8.6 million, $2.5 million, and $1.1 million, respectively, at June 30, 2017. We recognize insurance expenses based on the date of an occurrence of a loss including the actual and estimated ultimate costs of our claims. Claims are paid from our reserves and our current period insurance expense is adjusted for the difference in prior period recorded reserves and actual payments as well as changes in estimated reserves. Current period insurance expenses also include the amortization of our premiums paid to our insurance carriers. Expenses for workers’ compensation, general liability and medical insurance were $5.3 million, $2.9 million and $6.4 million, respectively, for the fiscal year ended June 30, 2018, $4.8 million, $3.4 million and $7.7 million, respectively, for the fiscal year ended June 30, 2017, and $3.4 million, $4.0 million and $7.3 million, respectively, for the fiscal year ended June 30, 2016. (i) Revenue Recognition (j) Advertising (k) Financial Instruments (l) Share‑Based Compensation The risk‑free interest rate is the constant maturity risk free interest rate for U.S. Treasury instruments with terms consistent with the expected lives of the awards. The expected term of an option is based on our historical review of employee exercise behavior based on the employee class (executive or non‑executive) and based on our consideration of the remaining contractual term if limited exercise activity existed for a certain employee class. The expected volatility is based on both the historical volatility of our stock based on our historical stock prices and implied volatility of our traded stock options. The expected dividend yield is based on our expectation of not paying dividends on our common stock for the foreseeable future. These inputs were as follows: Fiscal Years Ended June 30, 2018 2017 2016 Weighted average risk-free interest rate 1.7 - 2.5% 0.6 - 1.9% 1.0 - 1.9% Expected life of options (years) 3.8 - 4.9 3.0 - 5.5 2.9 - 5.6 Expected stock volatility 60.0 - 63.3% 52.7 - 61.0% 46.4 - 56.1% Expected dividend yield 0.0% 0.0% 0.0% (m) Net Income/(Loss) Per Common Share (n) Impairment of Long‑Lived Assets and Long‑Lived Assets to Be Disposed Of (o) Intellectual Property As of June 30, 2018, the carrying value of the intellectual property, which included indefinite lived trademarks, was $1.2 million and no impairment was identified or recorded. (p ) Cease use Liability (q) Sale-leaseback The consideration received for the sale, as reduced by closing and transaction costs, was $8.8 million, and the net book value of properties sold was $5.2 million, resulting in a $3.6 million gain. The gain recognized in fiscal year 2016 was $2.5 million, which included the portion of the gain in excess of the present value of the minimum lease payments for the leaseback, and was included in “Other income” in our Consolidated Statement of Operations. During fiscal 2017, we recognized $0.7 million of the gain. During fiscal 2018, we recognized the remaining $0.4 million of the gain. (r) Asset Retirement Obligations — We account for asset retirement obligations (“ARO”) in accordance with ASC 410, Asset Retirement and Environmental Obligations , which requires the recognition of a liability for the fair value of a legally required asset retirement obligation when incurred if the liability’s fair value can be reasonably estimated. Our ARO liabilities are associated with the disposal and retirement of leasehold improvements and removal of installed equipment, resulting from contractual obligations, at the end of a lease to restore a facility to a condition specified in the lease agreement. We record the net present value of the ARO liability and also record a related capital asset, in an equal amount, for leases which contractually result in an asset retirement obligation. The estimated ARO liability is based on a number of assumptions, including costs to return facilities back to specified conditions, inflation rates and discount rates. Accretion expense related to the ARO liability is recognized as operating expense in our Consolidated Statements of Operations. The capitalized asset is depreciated on a straight-line basis over the useful life of the related leasehold improvements. Upon ARO fulfillment, any difference between the actual retirement expense incurred and the recorded estimated ARO liability is recognized as an operating gain or loss in our Consolidated Statements of Operations. Our ARO liability, which totaled $3.2 million at June 30, 2018, was comprised of a $0.1 million short-term portion included in accrued liabilities and $3.1 million long-term portion included in “Other liabilities—non-current” on our Consolidated Balance Sheet at June 30, 2018. At June 30, 2017, our ARO liability, which totaled $2.5 million, was comprised of a $0.2 million short-term portion included accrued liabilities and $2.3 million long term portion included in “Other liabilities – non-current” on our Consolidated Balance Sheet at June 30, 2017 . (s) Capital lease – During fiscal 2017, we entered into a 5-year capital lease maturing on January 31, 2022 for equipment and software. At June 30, 2018, the capital lease asset balance was $0.6 million, the current lease liability was $0.2 million and the long-term lease liability was $0.4 million. The capital lease is amortized on a straight-line basis. During fiscal year 2018, the capital lease amortization was $0.2 million. At June 30, 2017, the capital lease asset balance was $0.8 million, the current lease liability was $0.1 million and the long-term lease liability was $0.6 million. During fiscal year 2017, the capital asset amortization was less than $0.1 million (t ) Legal Proceedings — The Company was a defendant in a purported class action lawsuit, Jerry Castillo v. Tuesday Morning Inc., which was filed on December 28, 2017 in the United States District Court, Middle District of Florida. The case was brought under the Fair Labor Standards Act and included allegations that the Company violated various wage and hour labor laws. Relief was sought on behalf of current and former Company employees. The lawsuit sought to recover damages, penalties and attorneys’ fees as a result of the alleged violations. The matter settled for an amount not material to the Company and the Court approved the settlement on July 9, 2018. The Company was also a defendant in a purported class action lawsuit, Hector Velarde, on behalf of himself and all other similar situated, Pltf. vs. Tuesday Morning, Inc., which was filed on February 26, 2018 in state court and was pending in the United States District Court, Central District of California. The case was brought under the Unruh Civil Rights Act, California Code § 51 ci seq. (“Unruh Act”), the California Disabled persons Act, California Civil Code § 54 et seq. (“CDPA”), and Cal. Civ. Code § 55 et seq. and included allegations that the Company violated various public access laws. The lawsuit sought to recover damages, penalties and attorneys' fees as a result of the alleged violations. The matter settled for an amount not material to the Company and the Court approved the settlement on July 11, 2018. (u ) Recent Accounting Pronouncements — In December 2017, the SEC staff issued Staff Accounting Bulletin No. 118, “Income Tax Accounting Implications of the Tax Cuts and Jobs Act (SAB 118),” which allows the Company to record provisional amounts during a measurement period not to extend beyond one year of the enactment date. Since the TCJA was passed late in the fourth calendar quarter of 2017, and ongoing guidance and accounting interpretation is expected over the next twelve months, management considers the deferred tax re-measurements and other items to be incomplete due to the forthcoming guidance and the ongoing analysis of final year-end data and tax positions. The Company expects to complete its analysis within the measurement period in accordance with SAB 118. In August 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”), which provides guidance on eight specific cash flow issues in regard to how cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, including interim periods within those years. The amendments in ASU 2016-15 should be adopted on a retrospective basis unless it is impracticable to apply, in which case the amendments should be applied prospectively as of the earliest date practicable. The Company currently expects to adopt this standard in the first quarter of fiscal 2019 and is evaluating the impact that this standard will have on its consolidated financial statements and disclosures. I n March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”) to reduce the complexity of certain aspects of the accounting for employee share-based payment transactions. ASU 2016-09 involves changes in several aspects of the accounting for share-based payment transactions, including the accounting for the income tax consequences of share-based awards. For public companies, ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. The Company adopted ASU 2016-09 in the first quarter of fiscal 2018 and elected to continue to estimate forfeitures expected to occur to determine the amount of share based compensation cost to recognize in each period, as permitted by ASU 2016-09. In addition, the adoption of this standard prospectively changes the dilutive earnings per share calculation by removing excess tax benefits and deficiencies from the computation. The adoption of this standard did not materially impact our consolidated financial statements and disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), which is intended to improve financial reporting in connection with leasing transactions. ASU 2016-02 will require entities (“lessees”) that lease assets with lease terms of more than twelve months to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. Under ASU 2016-02, a right-of-use asset and lease obligation will be recorded for all leases, whether operating or finance, while the income statement will reflect lease expense for operating leases and amortization/interest expense for finance leases. Accounting by entities that own the assets leased by lessees (“lessors”) will remain largely unchanged from current GAAP. In addition, ASU 2016-02 requires disclosures to help investors and other financial statement users better understand the amount, timing and uncertainty of cash flows arising from leases. For public companies, ASU 2016-02 is effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years. Early adoption is permitted. A modified retrospective approach is required for all leases existing or entered into after the beginning of the earliest comparative period in the financial statements. The Company currently expects to adopt this standard in the first quarter of fiscal 2020. While the Company is currently evaluating the provisions of ASU 2016-02 to assess the impact on the Company’s consolidated financial statements and disclosures, the primary effect of adopting the new standard will be to record assets and obligations for current operating leases. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory (“ASU 2015-11”), which changes the measurement principle for inventory from the lower of cost or market to the lower of cost or net realizable value, except for companies using the Retail Inventory Method which will continue to use existing impairment models. ASU 2015-11 defines net realizable value as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The new guidance was required to be applied on a prospective basis and was effective for fiscal years beginning after December 15, 2016, and interim periods within those years. The Company adopted ASU 2015-11 in the first quarter of fiscal 2018. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements and disclosures. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”), an updated standard on revenue recognition, and has since modified the standard with additional ASUs. The new guidance provides enhancements to the quality and consistency of how revenue is reported while also improving comparability in the financial statements of companies reporting using IFRS and GAAP. The core principle of the new standard is for companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration, or payment, to which the company expects to be entitled in exchange for those goods or services. In July 2015, the FASB deferred the effective date of ASU 2014-09. Accordingly, this standard is effective for reporting periods beginning after December 15, 2017, including interim periods within that year. The Company has substantially concluded its assessment of the new revenue standard and will adopt this standard in the first quarter of fiscal 2019 using the modified retrospective method. The Company currently expects that this standard will not have a material impact on its consolidated financial statements but will require additional disclosures.

Property and Equipment

Property and Equipment	12 Months Ended
	Jun. 30, 2018
Property Plant And Equipment [Abstract]
Property and Equipment	(2) PROPERTY AND EQUIPMENT Property and equipment, net of accumulated depreciation, consisted of the following (in thousands): June 30, 2018 2017 Land $ 6,628 $ 6,628 Buildings and building improvements 41,479 40,879 Furniture and fixtures 61,963 56,877 Equipment 66,268 65,884 Software 43,664 40,750 Leasehold improvements 57,371 44,838 Assets under capital lease 788 804 278,161 256,660 Less accumulated depreciation (157,044 ) (138,263 ) Net property and equipment $ 121,117 $ 118,397

Debt

Debt	12 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Debt	(3) DEBT On August 18, 2015, we entered into a new credit agreement providing for an asset-based, five-year senior secured revolving credit facility in the amount of up to $180.0 million which matures on August 18, 2020 (the “Revolving Credit Facility”), and which replaced our previous revolving credit facility. The availability of funds under the Revolving Credit Facility is limited to the lesser of a calculated borrowing base and the lenders’ aggregate commitments under the Revolving Credit Facility. Our indebtedness under the Revolving Credit Facility is secured by a lien on substantially all of our assets. The Revolving Credit Facility contains certain restrictive covenants, which affect, among others, our ability to incur liens or incur additional indebtedness, change the nature of our business, sell assets or merge or consolidate with any other entity, or make investments or acquisitions unless they meet certain requirements. The Revolving Credit Facility requires that we satisfy a fixed charge coverage ratio at any time that our availability is less than the greater of 10% of our calculated borrowing base or $12.5 million. Our Revolving Credit Facility may, in some instances, limit our ability to pay cash dividends and repurchase our common stock. In order for the borrower under the Revolving Credit Facility, our subsidiary, to make a restricted payment to us for the payment of a dividend or a repurchase of shares, we must, among other things, maintain availability of 20% of the lesser of our calculated borrowing base or our lenders’ aggregate commitments under the Revolving Credit Facility on a pro forma basis for a specified period prior to and immediately following the restricted payment. As of June 30, 2018, we were in compliance with all of the Revolving Credit Facility covenants. At June 30, 2018, we had $38.5 million outstanding under the Revolving Credit Facility, $9.5 million of outstanding letters of credit and availability of $60.5 million. Letters of credit under the Revolving Credit Facility are primarily for self-insurance purposes. We incur commitment fees of up to 0.25% on the unused portion of the Revolving Credit Facility, payable quarterly. Any borrowing under the Revolving Credit Facility incurs interest at LIBOR or the prime rate, plus an applicable margin, at our election (except with respect to swing loans, which incur interest solely at the prime rate plus the applicable margin), subject to a floor of the one month LIBOR plus an applicable margin in the case of loans based on the prime rate. Interest expense for fiscal year 2018 from the Revolving Credit Facility of $2.1 million was comprised of interest of $1.3 million, commitment fees of $0.4 million, and the amortization of financing fees of $0.4 million. Interest expense from the Revolving Credit Facility of $1.5 million for fiscal year 2017 was comprised of interest of $0.7 million, commitment fees of $0.4 million, and amortization of financing fees of $0.4 million. The fair value of the Company's debt approximated its carrying amount as of June 30, 2018. See Note 11 for additional discussion on dividend restrictions under the Revolving Credit Facility.

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Jun. 30, 2018
Payables And Accruals [Abstract]
Accrued Liabilities	(4) ACCRUED LIABILITIES Accrued liabilities consisted of the following (in thousands): June 30, 2018 2017 Sales and use tax $ 3,467 $ 3,543 Self-insurance reserves 12,823 12,192 Wages, benefits and payroll taxes 6,006 5,710 Property taxes 1,612 1,524 Freight and distribution 4,807 4,490 Capital expenditures 1,585 4,780 Utilities 1,234 1,282 Advertising 1,102 525 Deferred rent 2,028 1,408 Cease use rent 77 991 Other 7,024 7,815 Total accrued liabilities $ 41,765 $ 44,260

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	(5) INCOME TAXES Income tax provision/(benefit) consisted of (in thousands): Current Deferred Total Fiscal Year Ended June 30, 2018 Federal $ — $ (568 ) $ (568 ) State and local 426 3 429 Total $ 426 $ (565 ) $ (139 ) Fiscal Year Ended June 30, 2017 Federal $ — $ 27 $ 27 State and local 166 4 170 Total $ 166 $ 31 $ 197 Fiscal Year Ended June 30, 2016 Federal $ (147 ) $ 186 $ 39 State and local 399 (175 ) 224 Total $ 252 $ 11 $ 263 A reconciliation between income taxes computed at the blended statutory federal income tax rate of 27.2% in fiscal 2018 (see Note 1) and the statutory federal income tax rate of 34% in fiscal 2017 and 2016, and income taxes recognized in the Consolidated Statements of Operations was as follows (in thousands): Fiscal Year Ended June 30, 2018 2017 2016 Federal income tax provision/(benefit) computed at statutory rate $ (6,005 ) $ (10,997 ) $ 1,351 State income taxes, net of related federal tax benefit 314 106 157 Increase/(decrease) in federal valuation allowance 5,182 10,076 (668 ) Federal tax credits (200 ) 68 (670 ) Stock option expiration/deficiencies 586 938 — Federal tax rate change (19 ) — — Other, net 3 6 93 Provision for income taxes $ (139 ) $ 197 $ 263 Deferred income taxes reflect the net tax effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of our deferred tax assets and liabilities for the fiscal years ended June 30, 2018, 2017 and 2016, all of which are classified as non-current in our Consolidated Balance Sheets, were comprised of the following (in thousands): June 30, 2018 2017 2016 Deferred tax assets: Other payroll and benefits $ 580 $ 681 $ 1,482 Inventory reserves 266 195 268 Self-insurance reserves 3,389 4,517 4,611 Share-based compensation 2,104 3,564 3,807 Other current assets 2,441 2,829 2,250 Deferred rent 5,705 5,068 2,266 Net operating loss and tax credits 26,040 25,610 18,497 Other noncurrent assets — 537 1,121 Total gross deferred tax assets $ 40,525 $ 43,001 $ 34,302 Deferred tax liabilities: Inventory costs $ 5,518 $ 9,468 $ 8,199 Prepaid supplies 1,582 2,392 2,506 Property and equipment 9,215 4,033 7,616 Total gross deferred tax liabilities 16,315 15,893 18,321 Valuation allowance (23,688 ) (27,150 ) (15,992 ) Net deferred tax asset/(liability) $ 522 $ (42 ) $ (11 ) During fiscal 2013, we established a valuation allowance related to deferred tax assets. In assessing whether a deferred tax asset would be realized, we considered whether it is more likely than not that some portion or all of the deferred tax assets would not be realized. We considered the reversal of existing taxable temporary differences, projected future taxable income, tax planning strategies and loss carry back potential in making this assessment. In evaluating the likelihood that sufficient future earnings would be available in the near future to realize the deferred tax assets, we considered our cumulative losses over three years including the then-current year. Based on the foregoing, we concluded that a valuation allowance was necessary, and based on our results since fiscal 2013, we have continued to conclude that a full valuation allowance is necessary. In fiscal 2018, as a result of the TCJA enactment, the federal component of deferred taxes was remeasured at 21%, the tax rate at which they are expected to turn in future years. The valuation allowance offsetting these deferred taxes was reduced accordingly. The valuation allowance previously recorded against our AMT credits of $571,000 was removed to reflect that they will be refunded pursuant to the TCJA beginning in our fiscal year 2020. Further, federal deferred tax liabilities related to the amortization of trademarks for tax purposes, which are not considered for purposes of the valuation allowance computation, were reduced by $19,000 during the year, resulting in a tax benefit of that amount. In fiscal 2018, the deferred tax asset valuation allowance decreased $3.5 million. At the end of fiscal 2018, net deferred tax assets totaled $24.2 million, with an offsetting valuation allowance of $23.7 million. We have federal net operating loss carryforwards of $89.3 million. These losses can only be carried forward and utilized to offset future taxable income, but will expire in fiscal years 2033 through 2038 if not utilized before then. Additionally, we have tax effected state net operating loss carryforwards of $4.8 million, which will expire throughout the years 2018 through 2038, if not utilized before then. Accounting for Uncertainty in Income Taxes. The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction, and various state jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before fiscal 2014. The Internal Revenue Service has concluded an examination of the Company for years ending on or before June 30, 2010. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands): Balance at June 30, 2015 $ 147 Additions for tax positions of prior years — Reductions for lapse of statute of limitations — Balance at June 30, 2016 $ 147 Additions for tax positions of prior years — Reductions for lapse of statute of limitations — Balance at June 30, 2017 $ 147 Additions for tax positions of prior years — Reductions for lapse of statute of limitations — Balance at June 30, 2018 $ 147 The balance of taxes, interest, and penalties at June 30, 2018, that if recognized, would affect the effective tax rate is $294,000. We classify and recognize interest and penalties accrued related to unrecognized tax benefits in income tax expense. During the fiscal years ended June 30, 2018, 2017 and 2016, we recognized $7,000, $9,000, and $16,000 in interest, respectively. No interest or penalties were paid in the tax years ended June 30, 2018, 2017 and 2016. We do not anticipate that the total amount of unrecognized tax benefits will significantly increase or decrease the effective tax rate within 12 months of June 30, 2018.

Share-Based Incentive Plans

Share-Based Incentive Plans	12 Months Ended
	Jun. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Incentive Plans	(6) SHARE‑BASED INCENTIVE PLANS Stock Option Awards. We have established the Tuesday Morning Corporation 2008 Long-Term Equity Incentive Plan (the “2008 Plan”) and the Tuesday Morning Corporation 2014 Long-Term Incentive Plan, as amended (the “2014 Plan”), which allow for the granting of stock options to directors, officers and key employees of the Company, and certain other key individuals who perform services for us and our subsidiaries. Equity awards may no longer be granted under the 2008 Plan, but equity awards granted under the 2008 Plan are still outstanding. On September 16, 2014, our Board of Directors adopted the Tuesday Morning Corporation 2014 Long-Term Incentive Plan (the “2014 Plan”), and the 2014 Plan was approved by our stockholders at the 2014 annual meeting of stockholders on November 12, 2014. The 2014 Plan became effective on September 16, 2014, and the maximum number of shares reserved for issuance under the 2014 Plan, as amended, is 6.1 million shares plus any awards under the 2008 Plan (i) that were outstanding on September 16, 2014, and, on or after September 16, 2014, are forfeited, expired or are cancelled, and (ii) any shares subject to such awards that, on or after September 16, 2014 are used to satisfy the exercise price or tax withholding obligations with respect to such awards. Our Board of Directors also approved the termination of the Company’s ability to grant new awards under the 2008 Plan, effective upon the date of stockholder approval of the 2014 Plan, and no new awards will be made under the 2008 Plan. On September 22, 2016, our Board of Directors adopted amendments to the 2014 Plan, which were approved at the 2016 Annual Meeting of Stockholders, to increase the number of shares of our common stock available for issuance under the 2014 Plan and to make additional amendments to the 2014 Plan to, among other things, remove liberal share recycling, reduce the number of shares exempt from minimum vesting, and eliminate discretion to accelerate vesting upon a change in control. On August 22, 2017, our Board of Directors adopted a Second Amendment to the 2014 Plan that modified the minimum vesting provisions as they apply to non-employee directors. The 2014 Plan provides for the granting of incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance awards, dividend equivalent rights, and other awards which may be granted singly, in combination, or in tandem, and which may be paid in cash, shares of common stock, or a combination of cash and shares of common stock. Under the 2014 Plan, stock options may not vest earlier than one year after the date of grant. “Full Value Awards” (i.e., restricted stock or restricted stock units) that constitute performance awards must vest no earlier than one year after the date of grant and Full Value Awards that constituted “Tenure Awards” (i.e., awards that vest upon passage of time) may not vest earlier than over the three-year period commencing on the date of grant (other than awards to non-employee directors which may not vest earlier than one year from the date of grant). The Compensation Committee of our Board of Directors may grant only stock options or Full Value Awards with vesting conditions that are more favorable than the foregoing restrictions with respect to up to 5% of the shares of common stock authorized under the 2014 Plan (referred to in the 2014 Plan as “exempt shares”). On November 16, 2016, our stockholders approved amendments to the 2014 Plan to increase the number of shares of the Company’s common stock available for issuance under the 2014 Plan by 2,500,000 shares and to make additional amendments to the 2014 Plan, including (i) reducing the percentage of shares exempt from the minimum vesting requirements under the 2014 Plan, (ii) adding a clawback policy, (iii) generally eliminating the discretion of the Board of Directors to accelerate the vesting of outstanding and unvested awards upon a change of control and (iv) providing that certain shares surrendered in payment of the exercise price of awards or withheld for tax withholding would count against the shares available under the 2014 Plan. Stock options were awarded with a strike price at a fair market value equal to the closing price of our common stock on the date of the grant under the 2008 Plan and the 2014 Plan. Options granted under the 2008 Plan and the 2014 Plan typically vest over periods of one to four years and expire ten years from the date of grant. Options granted under the 2008 Plan and the 2014 Plan may have certain performance requirements in addition to service terms. If the performance conditions are not satisfied, the options are forfeited. The exercise prices of stock options outstanding on June 30, 2018, range between $1.24 per share and $20.91 per share. The 2008 Plan terminated as to new awards as of September 16, 2014. There were 3.1 million shares available for grant under the 2014 Plan at June 30, 2018. Following is a summary of transactions relating to the 2008 Plan and 2014 Plan options for the fiscal years ended June 30, 2018, 2017, and 2016 (share amounts and aggregate intrinsic value in thousands): Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Options Outstanding at June 30, 2015 1,838 $ 13.37 8.25 $ 1,384 Granted during year 2,500 6.48 Exercised during the year (5 ) 1.24 Forfeited or expired during year (1,121 ) 11.81 Options Outstanding at June 30, 2016 3,212 8.57 7.61 2,111 Granted during year 1,564 6.11 Exercised during the year (6 ) 1.24 Forfeited or expired during year (1,254 ) 9.88 Options Outstanding at June 30, 2017 3,516 7.02 7.86 2 Granted during year 621 2.46 Exercised during the year (3 ) 1.24 Forfeited or expired during year (177 ) 7.21 Options Outstanding at June 30, 2018 3,957 6.30 7.21 475 Exercisable at June 30, 2018 1,478 $ 7.93 5.49 $ 22 The weighted average grant date fair value of stock options granted during the fiscal years ended June 30, 2018, 2017, and 2016, was $2.46 per share, $2.55 per share, and $2.75 per share, respectively. The intrinsic value of vested unexercised options at June 30, 2018 is $22,000. There were options to purchase 3,000, 6,208 and 4,667 shares of our common stock, which were exercised during the fiscal years ended June 30, 2018, 2017 and 2016, respectively. The aggregate intrinsic value of stock options exercised was $3,700, $20,100, and $27,000 during the fiscal years ended June 30, 2018, 2017, and 2016, respectively. At June 30, 2018, we had $6.0 million of total unrecognized share‑based compensation expense related to stock options that is expected to be recognized over a weighted average period of 1.9 years. The following table summarizes information about stock options outstanding at June 30, 2018: Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price Per Share Number Exercisable Weighted Average Exercise Price Per Share $1.24 - $2.45 632,358 9.16 $ 2.30 22,928 $ 2.07 $3.12 - $5.59 238,098 7.28 4.47 104,283 4.81 $5.64 - $5.64 690,414 7.59 5.64 197,454 5.64 $5.88 - $5.89 305,508 7.35 5.89 10,000 5.88 $5.95 - $5.95 462,825 7.03 5.95 462,825 5.95 $6.29 - $6.58 25,948 7.44 6.54 14,641 6.51 $6.71 - $6.71 913,950 8.17 6.71 104,302 6.71 $7.90 - $8.55 397,013 4.01 8.08 290,711 8.14 $10.46 - $19.36 283,597 3.40 15.18 265,580 14.96 $20.91 - $20.91 7,532 6.37 20.91 5,649 20.91 3,957,243 7.21 $ 6.30 1,478,373 $ 7.93 Restricted Stock Awards —The 2008 Plan and the 2014 Plan authorize the grant of restricted stock awards to directors, officers, key employees and certain other key individuals who perform services for us and our subsidiaries. Equity awards may no longer be granted under the 2008 Plan, but restricted stock awards granted under the 2008 Plan are still outstanding. Restricted stock awards are not transferable, but bear certain rights of common stock ownership including voting and dividend rights. Shares are valued at the fair market value of our common stock at the date of award. Shares may be subject to certain performance requirements. If the performance requirements are not met, the restricted shares are forfeited. Under the 2008 Plan and the 2014 Plan, as of June 30, 2018, there were 1,433,269 shares of restricted stock outstanding with award vesting periods, both performance-based and service-based, of one to four years and a weighted average grant date fair value of $3.95 per share. The following table summarizes information about restricted stock awards outstanding for the fiscal years ended June 30, 2018, 2017, and 2016 (share amounts in thousands): Number of Shares Weighted- Average Fair Value at Date of Grant Outstanding at June 30, 2015 432 $ 16.95 Granted during year 869 6.98 Vested during year (175 ) 12.52 Forfeited during year (364 ) 12.65 Outstanding at June 30, 2016 762 $ 8.65 Granted during year 941 5.80 Vested during year (230 ) 8.38 Forfeited during year (383 ) 7.73 Outstanding at June 30, 2017 1,090 $ 6.57 Granted during year 981 2.44 Vested during year (398 ) 6.81 Forfeited during year (240 ) 4.94 Outstanding at June 30, 2018 1,433 $ 3.95 Performance-Based Restricted Stock Awards and Performance-Based Stock Option Awards. As of June 30, 2018, there were 1,643,918 unvested performance-based restricted stock awards and performance-based stock options outstanding under the 2014 Plan, which are included in the respective stock option and restricted stock tables above. Share-based compensation costs : We recognized share‑based compensation costs as follows (in thousands): Fiscal Years Ended June 30, 2018 2017 2016 Amortization of share-based compensation during the period $ 3,349 $ 4,114 $ 3,403 Amounts capitalized in inventory (1,280 ) (1,497 ) (1,724 ) Amount recognized and charged to cost of sales 1,364 1,567 1,436 Amounts charged against income for the period before tax $ 3,433 $ 4,184 $ 3,115

Operating Leases

Operating Leases	12 Months Ended
	Jun. 30, 2018
Leases [Abstract]
Operating Leases	(7) OPERATING LEASES We lease substantially all store locations under operating leases. Our existing store leases generally are for an initial term of five to ten years with two five‑year renewal options and, in limited circumstances, our store leases involve a tenant allowance for leasehold improvements. We record rent expense ratably over the life of the lease beginning with the date we take possession of or have the right to use the premises, and if our leases provide for a tenant allowance, we record the landlord reimbursement as a liability and ratably amortize the liability as a reduction to rent expense over the lease term beginning with the date we take possession of or control the physical access to the premises. Leases for new stores also typically allow us the ability to terminate a lease after 24 to 60 months if the store does not deliver sales expectations. In fiscal 2015, we executed a lease for approximately 0.6 million square feet related to our new, additional distribution center in Phoenix, Arizona, which started operations in the fourth quarter of fiscal year 2016.The future minimum rental payments for this lease are included in the table below. Future minimum rental payments under our operating leases are as follows (in thousands): Fiscal Years Ending June 30, 2019 $ 92,104 2020 77,523 2021 65,594 2022 56,753 2023 50,308 Thereafter 160,817 Total minimum rental payments $ 503,099 Rent expense for the fiscal years ended June 30, 2018, 2017, and 2016 was $118.3 million, $108.0 million, and $98.3 million, respectively. Rent expense includes rent for store locations and our distribution centers. Contingent rent based on sales is not material to our financial statements.

401(K) Profit Sharing Plan

401(K) Profit Sharing Plan	12 Months Ended
	Jun. 30, 2018
Compensation And Retirement Disclosure [Abstract]
401(K) Profit Sharing Plan	(8) 401(K) PROFIT SHARING PLAN We have a 401(k) profit sharing plan for the benefit of our full‑time employees who become eligible after one month of service, and for our part-time employees who become eligible after both 12 months of service and a minimum of 1,000 hours worked. Under the plan, eligible employees may request us to deduct and contribute from 1% to 75% of their salary to the plan, subject to Internal Revenue Service Regulations. We match each participant’s contribution up to 4% of participant’s compensation. We expensed contributions of $1.4 million, $1.3 million, and $1.2 million for the fiscal years ended June 30, 2018, 2017, and 2016, respectively.

Earnings Per Common Share

Earnings Per Common Share	12 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Common Share	(9) EARNINGS PER COMMON SHARE The following table sets forth the computation of basic and diluted earnings/(loss) per common share (in thousands, except per share amounts): Fiscal Year Ended June 30, 2018 2017 2016 Net income/(loss) $ (21,938 ) $ (32,542 ) $ 3,713 Less: Income to participating securities — — 40 Net income/(loss) attributable to common shares $ (21,938 ) $ (32,542 ) $ 3,673 Weighted average common shares outstanding—basic 44,282 43,943 43,705 Effect of dilutive stock equivalents — — 31 Weighted average common shares outstanding—dilutive 44,282 43,943 43,736 Net income/(loss) per common share—basic $ (0.50 ) $ (0.74 ) $ 0.08 Net income/(loss) per common share—diluted $ (0.50 ) $ (0.74 ) $ 0.08 For the years ended June 30, 2018 and June 30, 2017, all options representing the rights to purchase shares were not included in the diluted loss per share calculation, because the assumed exercise of such options would have been anti-dilutive. Options representing rights to purchase shares of common stock of 0.1 million for the year ended June 30, 2016 were not included in the diluted earnings per share calculation because the assumed exercise of such options would have been anti‑dilutive.

Quarterly Results of Operations

Quarterly Results of Operations (Unaudited)	12 Months Ended
	Jun. 30, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results of Operations	(10) QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) A summary of the unaudited quarterly results is as follows for the years ended June 30, 2018 and 2017 (in thousands, except per share amounts): Quarters Ended Sept. 30, Dec. 31, Mar. 31, June 30, 2017 2017 2018 2018 Net sales $ 218,756 $ 333,807 $ 223,296 $ 230,473 Gross profit (1) 77,950 105,685 80,303 77,036 Operating income/(loss) (1) (11,994 ) 8,276 (7,789 ) (9,443 ) Net income/(loss) (1) (12,254 ) 8,692 (8,080 ) (10,296 ) Basic income/(loss) per share (2) $ (0.28 ) $ 0.19 $ (0.18 ) $ (0.23 ) Diluted income/(loss) per share (2) $ (0.28 ) $ 0.19 $ (0.18 ) $ (0.23 ) Quarters Ended Sept. 30, Dec. 31, Mar. 31, June 30, 2016 2016 2017 2017 Net sales $ 211,885 $ 328,137 $ 203,001 $ 223,642 Gross profit (1) 77,339 105,982 67,156 70,268 Operating income/(loss) (1) (9,240 ) 8,767 (14,678 ) (17,129 ) Net income/(loss) (1) (8,855 ) 8,430 (14,796 ) (17,321 ) Basic income/(loss) per share (2) $ (0.20 ) $ 0.19 $ (0.34 ) $ (0.39 ) Diluted income/(loss) per share (2) $ (0.20 ) $ 0.19 $ (0.34 ) $ (0.39 ) (1) Our results are computed independently for each of the quarters presented. Therefore, the sum of the quarterly amounts presented may not equal the total computed for the year due to rounding. (2) Net income/(loss) per share amounts are computed independently for each of the quarters presented. Therefore, the sum of the quarterly net income/(loss) per share in fiscal years 2018 and 2017 may not equal the total computed for the year. A significant portion of our net sales and net earnings are realized during the period from October through December while the increase in merchandise purchases in preparation for this holiday selling season occurs in prior months.

Dividend Restrictions

Dividend Restrictions	12 Months Ended
	Jun. 30, 2018
Disclosure Of Restrictions On Dividends Loans And Advances Disclosure [Abstract]
Dividend Restrictions	(11) DIVIDEND RESTRICTIONS The Revolving Credit Facility discussed in Note 3 restricts the ability of Tuesday Morning, Inc., the borrower under the Revolving Credit Facility and Tuesday Morning’s principal operating subsidiary, to incur additional liens and indebtedness, make investments and dispositions, pay dividends (including to Tuesday Morning), or enter into certain other transactions, among other restrictions. As a consolidated deficit exists as of June 30, 2018, no retained earnings are free of limitation on the payment of dividends on that date. At June 30, 2018, restricted net assets of consolidated subsidiaries were $12.1 million.

Condensed Financial Information

Condensed Financial Information	12 Months Ended
	Jun. 30, 2018
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Condensed Financial Information	Tuesday Morning Corporation (parent company only) Condensed Balance Sheets June 30, June 30, 2018 2017 ASSETS Current assets: Accounts receivable from subsidiaries $ 26,529 $ 24,489 Total current assets 26,529 24,489 Noncurrent assets: Investment in subsidiaries 153,725 174,350 Total noncurrent assets 153,725 174,350 Total Assets $ 180,254 $ 198,839 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable to subsidiaries $ — $ — Total current liabilities — — Noncurrent Liabilities — — Total Liabilities — — Stockholders' equity: Common stock 469 469 Additional paid-in capital 237,957 234,604 Retained deficit (51,360 ) (29,422 ) Less: Treasury stock (6,812 ) (6,812 ) Total stockholders' equity 180,254 198,839 Total Liabilities and Stockholders' Equity $ 180,254 $ 198,839 Tuesday Morning Corporation (parent company only) Condensed Statement of Operations Fiscal Years Ended June 30 2018 2017 2016 Net sales $ — $ — $ — Cost of sales — — — Gross profit — — — Selling, general and administrative expenses — — — Operating income/(loss) — — — Other income/(expense): Interest expense — — — Other income/(expense), net — — — Income/(loss) before taxes — — — Income tax provision — — — Net income/(loss) of subsidiaries (21,938 ) (32,542 ) 3,713 Net income/(loss) $ (21,938 ) $ (32,542 ) $ 3,713 A. Basis of presentation In the condensed, parent company-only financial statements, Tuesday Morning Corporation’s investment in subsidiaries is stated at cost plus equity in undistributed earnings of subsidiaries since the date of acquisition. These condensed parent company-only financial statements should be read in conjunction with Tuesday Morning Corporation’s consolidated financial statements. Condensed statements of cash flows were not presented because Tuesday Morning Corporation had no cash flow activities during fiscal 2018, fiscal 2017, or fiscal 2016. B. Guarantees and Restrictions As of June 30, 2018, Tuesday Morning, Inc. had $60.5 million of available credit on the Revolving Credit Facility that provides commitments of up to $180.0 million for revolving loans and letters of credit. Tuesday Morning Corporation, Tuesday Morning Inc. and the subsidiaries of Tuesday Morning, Inc. have guaranteed all obligations under the Revolving Credit Facility. In the event of default under the Revolving Credit Facility, Tuesday Morning Corporation, Tuesday Morning, Inc. and the subsidiaries of Tuesday Morning, Inc. will be directly liable to the debt holders. The Revolving Credit Facility includes restrictions on the ability of Tuesday Morning Corporation, Tuesday Morning, Inc. and the subsidiaries of Tuesday Morning, Inc. to incur additional liens and indebtedness, make investments and dispositions, pay dividends or make other transactions, among other restrictions. Under the Revolving Credit Facility, in order for Tuesday Morning, Inc. to make a dividend to Tuesday Morning Corporation for the payment of a dividend or a repurchase of shares, Tuesday Morning, Inc. must, among other things, maintain availability of 20% of the lesser of the calculated borrowing base or the lenders’ aggregate commitments under the Revolving Credit Facility on a pro forma basis for a specified period prior to and immediately following the restricted payment.

Disclosure - Nature of Operatio

Disclosure - Nature of Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation	(a) Basis of Presentation —The accompanying consolidated financial statements include the accounts of Tuesday Morning Corporation, a Delaware corporation, and its wholly‑owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. We operate our business as a single operating segment. Certain reclassifications were made to prior period amounts to conform to the current period presentation. None of the reclassifications affected our net income/(loss) in any period. We do not present a separate statement of comprehensive income, as we have no material other comprehensive income items. Our fiscal year ended on June 30, 2018, which we refer to as fiscal 2018.
Use of Estimates	(b) Use of Estimates —The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of net sales and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	(c) Cash and Cash Equivalents
Inventories	(d) Inventories Stores conduct annual physical inventories, staggered during the second half of the fiscal year. We make adjustments to our financial statements based on the results of the physical inventories. During periods in which no physical inventories occur, we utilize an estimate for recording shrinkage reserves, based on historical trends of physical inventory results. These shrinkage reserves may require a favorable or unfavorable adjustment to actual results to the extent our subsequent physical inventories yield a different result. We review our inventory during and at the end of each quarter to ensure that all necessary pricing actions are taken to adequately value our inventory at the lower of cost or market by recording permanent markdowns to our on hand inventory. Management believes these markdowns result in the appropriate prices necessary to stimulate demand for the merchandise. Actual recorded permanent markdowns could differ materially from management’s initial estimates based on future customer demand or economic conditions.
Property and Equipment	(e) Property and Equipment Estimated Useful Lives Buildings 30 years Furniture and fixtures 3 to 7 years Leasehold improvements Shorter of useful life or lease term Equipment 5 to 10 years Assets under capital lease Shorter of useful life or lease term Software 3 to 10 years Upon sale or retirement of an asset, the related cost and accumulated depreciation are removed from our balance sheet and any gain or loss is recognized in the statement of operations. Expenditures for maintenance, minor renewals and repairs are expensed as incurred, while major replacements and improvements are capitalized. For both the fiscal years ended June 30, 2018 and June 30, 2017, we disposed of assets with a net book value of approximately $0.1 million, primarily related to our store closing and relocation program. Gains or losses related to the sale or other disposal of such assets in these periods were presented in other income/(expense) on our Consolidated Statement of Operations.
Deferred Financing Costs	(f) Deferred Financing Costs
Income Taxes	(g) Income Taxes We file our annual federal income tax return on a consolidated basis. Furthermore, we recognize uncertain tax positions when we have determined it is more likely than not that a tax position will be sustained upon examination. However, new information may become available, or applicable laws or regulations may change, thereby resulting in a favorable or unfavorable adjustment to amounts recorded. Our results of operations included the estimated impact of the enactment of the Tax Cuts and Jobs Act of 2017 (“TCJA”), which was signed into law on December 22, 2017. The TCJA makes significant and complex changes to U.S. tax law including, but not limited to, (i) reducing the U.S. federal corporate tax rate from 35% to 21%; (ii) eliminating the corporate alternative minimum tax (“AMT”) and providing a refund mechanism for existing AMT credits; (iii) creating a new limitation on the deductibility of interest expense; (iv) changing rules related to uses and limitation of net operating loss carryforwards created in tax years beginning after December 31, 2017; and (v) significant acceleration of depreciation expense. As a result of the adoption of the TCJA upon enactment during fiscal year 2018, the blended statutory federal tax rate for the year was 27.2%. continue to assess our accounting for the tax effects of enactment of the TCJA. Final calculations will be completed within the one year measurement period ending December 22, 2018, as required under the rules issued by the SEC. In the second fiscal quarter of 2018, we applied the provisions of the newly enacted TCJA, resulting in an approximate $0.5 million income tax benefit connected with future refunds of AMT credits no longer requiring a valuation allowance. In the third fiscal quarter of 2018, we recognized a $0.1 million additional benefit related to AMT credits. Applying the provisions of TCJA, including the remeasurement of our deferred taxes at the new corporate tax rate, had a material impact on our gross deferred taxes; however, the impact was mitigated as substantially all of our net deferred tax assets have corresponding valuation allowances.
Self Insurance Reserves	(h) Self-Insurance Reserves The insurance liabilities we record are primarily influenced by the frequency and severity of claims, and include a reserve for claims incurred but not yet reported. Our estimated reserves may be materially different from our future actual claim costs, and, when required adjustments to our estimate reserves are identified, the liability will be adjusted accordingly in that period. Our self‑insurance reserves for workers’ compensation, general liability and medical were $10.1 million and $1.8 million and $0.9 million, respectively, at June 30, 2018 and $8.6 million, $2.5 million, and $1.1 million, respectively, at June 30, 2017. We recognize insurance expenses based on the date of an occurrence of a loss including the actual and estimated ultimate costs of our claims. Claims are paid from our reserves and our current period insurance expense is adjusted for the difference in prior period recorded reserves and actual payments as well as changes in estimated reserves. Current period insurance expenses also include the amortization of our premiums paid to our insurance carriers. Expenses for workers’ compensation, general liability and medical insurance were $5.3 million, $2.9 million and $6.4 million, respectively, for the fiscal year ended June 30, 2018, $4.8 million, $3.4 million and $7.7 million, respectively, for the fiscal year ended June 30, 2017, and $3.4 million, $4.0 million and $7.3 million, respectively, for the fiscal year ended June 30, 2016.
Revenue Recognition	(i) Revenue Recognition
Advertising	(j) Advertising
Financial Instruments	(k) Financial Instruments
Share-Based Compensation	(l) Share‑Based Compensation The risk‑free interest rate is the constant maturity risk free interest rate for U.S. Treasury instruments with terms consistent with the expected lives of the awards. The expected term of an option is based on our historical review of employee exercise behavior based on the employee class (executive or non‑executive) and based on our consideration of the remaining contractual term if limited exercise activity existed for a certain employee class. The expected volatility is based on both the historical volatility of our stock based on our historical stock prices and implied volatility of our traded stock options. The expected dividend yield is based on our expectation of not paying dividends on our common stock for the foreseeable future. These inputs were as follows: Fiscal Years Ended June 30, 2018 2017 2016 Weighted average risk-free interest rate 1.7 - 2.5% 0.6 - 1.9% 1.0 - 1.9% Expected life of options (years) 3.8 - 4.9 3.0 - 5.5 2.9 - 5.6 Expected stock volatility 60.0 - 63.3% 52.7 - 61.0% 46.4 - 56.1% Expected dividend yield 0.0% 0.0% 0.0%
Net Income/(Loss) Per Common Share	(m) Net Income/(Loss) Per Common Share
Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of	(n) Impairment of Long‑Lived Assets and Long‑Lived Assets to Be Disposed Of
Intellectual Property	(o) Intellectual Property As of June 30, 2018, the carrying value of the intellectual property, which included indefinite lived trademarks, was $1.2 million and no impairment was identified or recorded.
Cease use Liability	(p ) Cease use Liability
Sale-leaseback	(q) Sale-leaseback The consideration received for the sale, as reduced by closing and transaction costs, was $8.8 million, and the net book value of properties sold was $5.2 million, resulting in a $3.6 million gain. The gain recognized in fiscal year 2016 was $2.5 million, which included the portion of the gain in excess of the present value of the minimum lease payments for the leaseback, and was included in “Other income” in our Consolidated Statement of Operations. During fiscal 2017, we recognized $0.7 million of the gain. During fiscal 2018, we recognized the remaining $0.4 million of the gain.
Asset Retirement Obligations	(r) Asset Retirement Obligations — We account for asset retirement obligations (“ARO”) in accordance with ASC 410, Asset Retirement and Environmental Obligations , which requires the recognition of a liability for the fair value of a legally required asset retirement obligation when incurred if the liability’s fair value can be reasonably estimated. Our ARO liabilities are associated with the disposal and retirement of leasehold improvements and removal of installed equipment, resulting from contractual obligations, at the end of a lease to restore a facility to a condition specified in the lease agreement. We record the net present value of the ARO liability and also record a related capital asset, in an equal amount, for leases which contractually result in an asset retirement obligation. The estimated ARO liability is based on a number of assumptions, including costs to return facilities back to specified conditions, inflation rates and discount rates. Accretion expense related to the ARO liability is recognized as operating expense in our Consolidated Statements of Operations. The capitalized asset is depreciated on a straight-line basis over the useful life of the related leasehold improvements. Upon ARO fulfillment, any difference between the actual retirement expense incurred and the recorded estimated ARO liability is recognized as an operating gain or loss in our Consolidated Statements of Operations. Our ARO liability, which totaled $3.2 million at June 30, 2018, was comprised of a $0.1 million short-term portion included in accrued liabilities and $3.1 million long-term portion included in “Other liabilities—non-current” on our Consolidated Balance Sheet at June 30, 2018. At June 30, 2017, our ARO liability, which totaled $2.5 million, was comprised of a $0.2 million short-term portion included accrued liabilities and $2.3 million long term portion included in “Other liabilities – non-current” on our Consolidated Balance Sheet at June 30, 2017 .
Capital Lease	(s) Capital lease – During fiscal 2017, we entered into a 5-year capital lease maturing on January 31, 2022 for equipment and software. At June 30, 2018, the capital lease asset balance was $0.6 million, the current lease liability was $0.2 million and the long-term lease liability was $0.4 million. The capital lease is amortized on a straight-line basis. During fiscal year 2018, the capital lease amortization was $0.2 million. At June 30, 2017, the capital lease asset balance was $0.8 million, the current lease liability was $0.1 million and the long-term lease liability was $0.6 million. During fiscal year 2017, the capital asset amortization was less than $0.1 million
Legal Proceedings	(t ) Legal Proceedings — The Company was a defendant in a purported class action lawsuit, Jerry Castillo v. Tuesday Morning Inc., which was filed on December 28, 2017 in the United States District Court, Middle District of Florida. The case was brought under the Fair Labor Standards Act and included allegations that the Company violated various wage and hour labor laws. Relief was sought on behalf of current and former Company employees. The lawsuit sought to recover damages, penalties and attorneys’ fees as a result of the alleged violations. The matter settled for an amount not material to the Company and the Court approved the settlement on July 9, 2018. The Company was also a defendant in a purported class action lawsuit, Hector Velarde, on behalf of himself and all other similar situated, Pltf. vs. Tuesday Morning, Inc., which was filed on February 26, 2018 in state court and was pending in the United States District Court, Central District of California. The case was brought under the Unruh Civil Rights Act, California Code § 51 ci seq. (“Unruh Act”), the California Disabled persons Act, California Civil Code § 54 et seq. (“CDPA”), and Cal. Civ. Code § 55 et seq. and included allegations that the Company violated various public access laws. The lawsuit sought to recover damages, penalties and attorneys' fees as a result of the alleged violations. The matter settled for an amount not material to the Company and the Court approved the settlement on July 11, 2018.
Recent Accounting Pronouncements	(u ) Recent Accounting Pronouncements — In December 2017, the SEC staff issued Staff Accounting Bulletin No. 118, “Income Tax Accounting Implications of the Tax Cuts and Jobs Act (SAB 118),” which allows the Company to record provisional amounts during a measurement period not to extend beyond one year of the enactment date. Since the TCJA was passed late in the fourth calendar quarter of 2017, and ongoing guidance and accounting interpretation is expected over the next twelve months, management considers the deferred tax re-measurements and other items to be incomplete due to the forthcoming guidance and the ongoing analysis of final year-end data and tax positions. The Company expects to complete its analysis within the measurement period in accordance with SAB 118. In August 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”), which provides guidance on eight specific cash flow issues in regard to how cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, including interim periods within those years. The amendments in ASU 2016-15 should be adopted on a retrospective basis unless it is impracticable to apply, in which case the amendments should be applied prospectively as of the earliest date practicable. The Company currently expects to adopt this standard in the first quarter of fiscal 2019 and is evaluating the impact that this standard will have on its consolidated financial statements and disclosures. I n March 2016, the FASB issued ASU No. 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”) to reduce the complexity of certain aspects of the accounting for employee share-based payment transactions. ASU 2016-09 involves changes in several aspects of the accounting for share-based payment transactions, including the accounting for the income tax consequences of share-based awards. For public companies, ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. The Company adopted ASU 2016-09 in the first quarter of fiscal 2018 and elected to continue to estimate forfeitures expected to occur to determine the amount of share based compensation cost to recognize in each period, as permitted by ASU 2016-09. In addition, the adoption of this standard prospectively changes the dilutive earnings per share calculation by removing excess tax benefits and deficiencies from the computation. The adoption of this standard did not materially impact our consolidated financial statements and disclosures. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) (“ASU 2016-02”), which is intended to improve financial reporting in connection with leasing transactions. ASU 2016-02 will require entities (“lessees”) that lease assets with lease terms of more than twelve months to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. Under ASU 2016-02, a right-of-use asset and lease obligation will be recorded for all leases, whether operating or finance, while the income statement will reflect lease expense for operating leases and amortization/interest expense for finance leases. Accounting by entities that own the assets leased by lessees (“lessors”) will remain largely unchanged from current GAAP. In addition, ASU 2016-02 requires disclosures to help investors and other financial statement users better understand the amount, timing and uncertainty of cash flows arising from leases. For public companies, ASU 2016-02 is effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years. Early adoption is permitted. A modified retrospective approach is required for all leases existing or entered into after the beginning of the earliest comparative period in the financial statements. The Company currently expects to adopt this standard in the first quarter of fiscal 2020. While the Company is currently evaluating the provisions of ASU 2016-02 to assess the impact on the Company’s consolidated financial statements and disclosures, the primary effect of adopting the new standard will be to record assets and obligations for current operating leases. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory (“ASU 2015-11”), which changes the measurement principle for inventory from the lower of cost or market to the lower of cost or net realizable value, except for companies using the Retail Inventory Method which will continue to use existing impairment models. ASU 2015-11 defines net realizable value as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The new guidance was required to be applied on a prospective basis and was effective for fiscal years beginning after December 15, 2016, and interim periods within those years. The Company adopted ASU 2015-11 in the first quarter of fiscal 2018. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements and disclosures. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”), an updated standard on revenue recognition, and has since modified the standard with additional ASUs. The new guidance provides enhancements to the quality and consistency of how revenue is reported while also improving comparability in the financial statements of companies reporting using IFRS and GAAP. The core principle of the new standard is for companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration, or payment, to which the company expects to be entitled in exchange for those goods or services. In July 2015, the FASB deferred the effective date of ASU 2014-09. Accordingly, this standard is effective for reporting periods beginning after December 15, 2017, including interim periods within that year. The Company has substantially concluded its assessment of the new revenue standard and will adopt this standard in the first quarter of fiscal 2019 using the modified retrospective method. The Company currently expects that this standard will not have a material impact on its consolidated financial statements but will require additional disclosures.

Nature of Operations and Summ20

Nature of Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Summary of Property and Equipment Estimated Useful Lives	Buildings 30 years Furniture and fixtures 3 to 7 years Leasehold improvements Shorter of useful life or lease term Equipment 5 to 10 years Assets under capital lease Shorter of useful life or lease term Software 3 to 10 years
Schedule of Fair Value Assumptions of Stock Option Granted	Fiscal Years Ended June 30, 2018 2017 2016 Weighted average risk-free interest rate 1.7 - 2.5% 0.6 - 1.9% 1.0 - 1.9% Expected life of options (years) 3.8 - 4.9 3.0 - 5.5 2.9 - 5.6 Expected stock volatility 60.0 - 63.3% 52.7 - 61.0% 46.4 - 56.1% Expected dividend yield 0.0% 0.0% 0.0%

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Jun. 30, 2018
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment, Net of Accumulated Depreciation	Property and equipment, net of accumulated depreciation, consisted of the following (in thousands): June 30, 2018 2017 Land $ 6,628 $ 6,628 Buildings and building improvements 41,479 40,879 Furniture and fixtures 61,963 56,877 Equipment 66,268 65,884 Software 43,664 40,750 Leasehold improvements 57,371 44,838 Assets under capital lease 788 804 278,161 256,660 Less accumulated depreciation (157,044 ) (138,263 ) Net property and equipment $ 121,117 $ 118,397

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
	Jun. 30, 2018
Payables And Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consisted of the following (in thousands): June 30, 2018 2017 Sales and use tax $ 3,467 $ 3,543 Self-insurance reserves 12,823 12,192 Wages, benefits and payroll taxes 6,006 5,710 Property taxes 1,612 1,524 Freight and distribution 4,807 4,490 Capital expenditures 1,585 4,780 Utilities 1,234 1,282 Advertising 1,102 525 Deferred rent 2,028 1,408 Cease use rent 77 991 Other 7,024 7,815 Total accrued liabilities $ 41,765 $ 44,260

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Schedule of Income Tax Provision (Benefit)	Current Deferred Total Fiscal Year Ended June 30, 2018 Federal $ — $ (568 ) $ (568 ) State and local 426 3 429 Total $ 426 $ (565 ) $ (139 ) Fiscal Year Ended June 30, 2017 Federal $ — $ 27 $ 27 State and local 166 4 170 Total $ 166 $ 31 $ 197 Fiscal Year Ended June 30, 2016 Federal $ (147 ) $ 186 $ 39 State and local 399 (175 ) 224 Total $ 252 $ 11 $ 263
Reconciliation of Income Taxes Computed at Blended Statutory Federal Income Tax Rate	Fiscal Year Ended June 30, 2018 2017 2016 Federal income tax provision/(benefit) computed at statutory rate $ (6,005 ) $ (10,997 ) $ 1,351 State income taxes, net of related federal tax benefit 314 106 157 Increase/(decrease) in federal valuation allowance 5,182 10,076 (668 ) Federal tax credits (200 ) 68 (670 ) Stock option expiration/deficiencies 586 938 — Federal tax rate change (19 ) — — Other, net 3 6 93 Provision for income taxes $ (139 ) $ 197 $ 263
Schedule of Deferred Tax Assets and Liabilities	June 30, 2018 2017 2016 Deferred tax assets: Other payroll and benefits $ 580 $ 681 $ 1,482 Inventory reserves 266 195 268 Self-insurance reserves 3,389 4,517 4,611 Share-based compensation 2,104 3,564 3,807 Other current assets 2,441 2,829 2,250 Deferred rent 5,705 5,068 2,266 Net operating loss and tax credits 26,040 25,610 18,497 Other noncurrent assets — 537 1,121 Total gross deferred tax assets $ 40,525 $ 43,001 $ 34,302 Deferred tax liabilities: Inventory costs $ 5,518 $ 9,468 $ 8,199 Prepaid supplies 1,582 2,392 2,506 Property and equipment 9,215 4,033 7,616 Total gross deferred tax liabilities 16,315 15,893 18,321 Valuation allowance (23,688 ) (27,150 ) (15,992 ) Net deferred tax asset/(liability) $ 522 $ (42 ) $ (11 )
Schedule of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits	Balance at June 30, 2015 $ 147 Additions for tax positions of prior years — Reductions for lapse of statute of limitations — Balance at June 30, 2016 $ 147 Additions for tax positions of prior years — Reductions for lapse of statute of limitations — Balance at June 30, 2017 $ 147 Additions for tax positions of prior years — Reductions for lapse of statute of limitations — Balance at June 30, 2018 $ 147

Share-Based Incentive Plans (Ta

Share-Based Incentive Plans (Tables)	12 Months Ended
	Jun. 30, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Option Transactions	Following is a summary of transactions relating to the 2008 Plan and 2014 Plan options for the fiscal years ended June 30, 2018, 2017, and 2016 (share amounts and aggregate intrinsic value in thousands): Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Options Outstanding at June 30, 2015 1,838 $ 13.37 8.25 $ 1,384 Granted during year 2,500 6.48 Exercised during the year (5 ) 1.24 Forfeited or expired during year (1,121 ) 11.81 Options Outstanding at June 30, 2016 3,212 8.57 7.61 2,111 Granted during year 1,564 6.11 Exercised during the year (6 ) 1.24 Forfeited or expired during year (1,254 ) 9.88 Options Outstanding at June 30, 2017 3,516 7.02 7.86 2 Granted during year 621 2.46 Exercised during the year (3 ) 1.24 Forfeited or expired during year (177 ) 7.21 Options Outstanding at June 30, 2018 3,957 6.30 7.21 475 Exercisable at June 30, 2018 1,478 $ 7.93 5.49 $ 22
Summary of Information About Stock Options Outstanding	The following table summarizes information about stock options outstanding at June 30, 2018: Options Outstanding Options Exercisable Range of Exercise Prices Number Outstanding Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Price Per Share Number Exercisable Weighted Average Exercise Price Per Share $1.24 - $2.45 632,358 9.16 $ 2.30 22,928 $ 2.07 $3.12 - $5.59 238,098 7.28 4.47 104,283 4.81 $5.64 - $5.64 690,414 7.59 5.64 197,454 5.64 $5.88 - $5.89 305,508 7.35 5.89 10,000 5.88 $5.95 - $5.95 462,825 7.03 5.95 462,825 5.95 $6.29 - $6.58 25,948 7.44 6.54 14,641 6.51 $6.71 - $6.71 913,950 8.17 6.71 104,302 6.71 $7.90 - $8.55 397,013 4.01 8.08 290,711 8.14 $10.46 - $19.36 283,597 3.40 15.18 265,580 14.96 $20.91 - $20.91 7,532 6.37 20.91 5,649 20.91 3,957,243 7.21 $ 6.30 1,478,373 $ 7.93
Summary of Information about Restricted Stock Awards Outstanding	The following table summarizes information about restricted stock awards outstanding for the fiscal years ended June 30, 2018, 2017, and 2016 (share amounts in thousands): Number of Shares Weighted- Average Fair Value at Date of Grant Outstanding at June 30, 2015 432 $ 16.95 Granted during year 869 6.98 Vested during year (175 ) 12.52 Forfeited during year (364 ) 12.65 Outstanding at June 30, 2016 762 $ 8.65 Granted during year 941 5.80 Vested during year (230 ) 8.38 Forfeited during year (383 ) 7.73 Outstanding at June 30, 2017 1,090 $ 6.57 Granted during year 981 2.44 Vested during year (398 ) 6.81 Forfeited during year (240 ) 4.94 Outstanding at June 30, 2018 1,433 $ 3.95
Schedule of Recognized Share-Based Compensation Costs	We recognized share‑based compensation costs as follows (in thousands): Fiscal Years Ended June 30, 2018 2017 2016 Amortization of share-based compensation during the period $ 3,349 $ 4,114 $ 3,403 Amounts capitalized in inventory (1,280 ) (1,497 ) (1,724 ) Amount recognized and charged to cost of sales 1,364 1,567 1,436 Amounts charged against income for the period before tax $ 3,433 $ 4,184 $ 3,115

Operating Leases (Tables)

Operating Leases (Tables)	12 Months Ended
	Jun. 30, 2018
Leases [Abstract]
Future Minimum Rental Payments Under Leases	Future minimum rental payments under our operating leases are as follows (in thousands): Fiscal Years Ending June 30, 2019 $ 92,104 2020 77,523 2021 65,594 2022 56,753 2023 50,308 Thereafter 160,817 Total minimum rental payments $ 503,099

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	12 Months Ended
	Jun. 30, 2018
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings/(Loss) Per Common Share	Fiscal Year Ended June 30, 2018 2017 2016 Net income/(loss) $ (21,938 ) $ (32,542 ) $ 3,713 Less: Income to participating securities — — 40 Net income/(loss) attributable to common shares $ (21,938 ) $ (32,542 ) $ 3,673 Weighted average common shares outstanding—basic 44,282 43,943 43,705 Effect of dilutive stock equivalents — — 31 Weighted average common shares outstanding—dilutive 44,282 43,943 43,736 Net income/(loss) per common share—basic $ (0.50 ) $ (0.74 ) $ 0.08 Net income/(loss) per common share—diluted $ (0.50 ) $ (0.74 ) $ 0.08

Quarterly Results of Operatio27

Quarterly Results of Operations (Unaudited) (Tables)	12 Months Ended
	Jun. 30, 2018
Quarterly Financial Information Disclosure [Abstract]
Summary of Unaudited Quarterly Results	A summary of the unaudited quarterly results is as follows for the years ended June 30, 2018 and 2017 (in thousands, except per share amounts): Quarters Ended Sept. 30, Dec. 31, Mar. 31, June 30, 2017 2017 2018 2018 Net sales $ 218,756 $ 333,807 $ 223,296 $ 230,473 Gross profit (1) 77,950 105,685 80,303 77,036 Operating income/(loss) (1) (11,994 ) 8,276 (7,789 ) (9,443 ) Net income/(loss) (1) (12,254 ) 8,692 (8,080 ) (10,296 ) Basic income/(loss) per share (2) $ (0.28 ) $ 0.19 $ (0.18 ) $ (0.23 ) Diluted income/(loss) per share (2) $ (0.28 ) $ 0.19 $ (0.18 ) $ (0.23 ) Quarters Ended Sept. 30, Dec. 31, Mar. 31, June 30, 2016 2016 2017 2017 Net sales $ 211,885 $ 328,137 $ 203,001 $ 223,642 Gross profit (1) 77,339 105,982 67,156 70,268 Operating income/(loss) (1) (9,240 ) 8,767 (14,678 ) (17,129 ) Net income/(loss) (1) (8,855 ) 8,430 (14,796 ) (17,321 ) Basic income/(loss) per share (2) $ (0.20 ) $ 0.19 $ (0.34 ) $ (0.39 ) Diluted income/(loss) per share (2) $ (0.20 ) $ 0.19 $ (0.34 ) $ (0.39 ) (1) Our results are computed independently for each of the quarters presented. Therefore, the sum of the quarterly amounts presented may not equal the total computed for the year due to rounding. (2) Net income/(loss) per share amounts are computed independently for each of the quarters presented. Therefore, the sum of the quarterly net income/(loss) per share in fiscal years 2018 and 2017 may not equal the total computed for the year.

Nature of Operations and Summ28

Nature of Operations and Summary of Significant Accounting Policies - Narrative (Details)	Dec. 22, 2017	Dec. 21, 2017	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Jun. 30, 2018USD ($)StoreState	Jun. 30, 2018USD ($)StoreState	Jun. 30, 2017USD ($)Store	Jun. 30, 2016USD ($)StoreBuilding
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Number of discount retail stores operated | Store					726	726	731	751
Number of states in which the entity operates | State					40	40
Credit card receivables from third party consumer credit card providers					$ 7,900,000	$ 7,900,000	$ 4,900,000
Capitalized inventory costs expensed in cost of sales						109,100,000	108,200,000	$ 83,700,000
Capitalized cost in inventory					$ 32,500,000	32,500,000	33,900,000
Disposal of assets						$ (82,000)	$ (79,000)	$ (700,000)
Corporate federal income tax rate	21.00%	35.00%			21.00%	27.20%	34.00%	34.00%
Additional income tax provision (benefit)			$ (100,000)	$ (500,000)
Revenue recognition gift cards estimated performance period						36 months
Gift card breakage amount						$ 600,000	$ 900,000	$ 600,000
Advertising expenses						27,200,000	29,000,000	28,900,000
Prepaid advertising					$ 60,000	60,000	149,000
Short-term cease use liabilities					77,000	77,000	1,000,000
Long-term cease use liabilities							500,000
Sale-leaseback transaction, gain recognized in other income						371,000	741,000	2,515,000
Asset retirement obligations					3,200,000	3,200,000	2,500,000
Short-term asset retirement obligations					100,000	100,000	200,000
Long-term asset retirement obligations liability					3,100,000	3,100,000	$ 2,307,000
Equipment and Software
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Term of capital lease							5 years
Capital lease maturity date							Jan. 31, 2022
Current capital lease liability					200,000	200,000	$ 100,000
Long-term capital lease liability					400,000	400,000	600,000
Capital lease asset					600,000	600,000	800,000
Capital lease amortization expense						200,000
Equipment and Software | Maximum
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Capital lease amortization expense							100,000
Intellectual Property
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Carrying value of intellectual property					1,200,000	1,200,000
Impairment of intellectual property						0
Worker's compensation
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Stop loss limits per claim					500,000	500,000
Self insurance reserve					10,100,000	10,100,000	8,600,000
Insurance expenses recognized						5,300,000	4,800,000	3,400,000
General liability
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Stop loss limits per claim					250,000	250,000
Self insurance reserve					1,800,000	1,800,000	2,500,000
Insurance expenses recognized						2,900,000	3,400,000	4,000,000
Medical liabilities
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Stop loss limits per claim					150,000	150,000
Self insurance reserve					$ 900,000	900,000	1,100,000
Insurance expenses recognized						$ 6,400,000	7,700,000	$ 7,300,000
Dallas | Buildings and Land
Nature Of Operations And Summary Of Significant Accounting Policies [Line Items]
Sale-leaseback transaction, asset description						Transaction to sell two buildings and land
Transaction to sell, number of buildings | Building								2
Sale-leaseback transaction, extended period						2018-03
Consideration received reduced by closing and transaction costs								$ 8,800,000
Sale-leaseback transaction, net book value								5,200,000
Gain on sale-leaseback transaction								3,600,000
Sale-leaseback transaction, gain recognized in other income						$ 400,000	$ 700,000	$ 2,500,000

Nature of Operations and Summ29

Nature of Operations and Summary of Significant Accounting Policies - Summary of Property and Equipment Estimated Useful Lives (Details)	12 Months Ended
	Jun. 30, 2018
Buildings
Property Plant And Equipment [Line Items]
Estimated useful life (in years)	30 years
Furniture and fixtures | Minimum
Property Plant And Equipment [Line Items]
Estimated useful life (in years)	3 years
Furniture and fixtures | Maximum
Property Plant And Equipment [Line Items]
Estimated useful life (in years)	7 years
Leasehold Improvements
Property Plant And Equipment [Line Items]
Estimated useful life of Leasehold improvements	Shorter of lease life or life of improvement
Equipment | Minimum
Property Plant And Equipment [Line Items]
Estimated useful life (in years)	5 years
Equipment | Maximum
Property Plant And Equipment [Line Items]
Estimated useful life (in years)	10 years
Assets Under Capital Lease
Property Plant And Equipment [Line Items]
Estimated useful life of Leasehold improvements	Shorter of useful life or lease term
Software | Minimum
Property Plant And Equipment [Line Items]
Estimated useful life (in years)	3 years
Software | Maximum
Property Plant And Equipment [Line Items]
Estimated useful life (in years)	10 years

Nature of Operations and Summ30

Nature of Operations and Summary of Significant Accounting Policies - Schedule of Fair Value Assumptions of Stock Option Granted (Details)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Factors used in estimating the fair value of each stock option granted
Weighted average risk-free interest rate, minimum (as a percent)	1.70%	0.60%	1.00%
Weighted average risk-free interest rate, maximum (as a percent)	2.50%	1.90%	1.90%
Expected stock volatility, minimum (as a percent)	60.00%	52.70%	46.40%
Expected stock volatility, maximum (as a percent)	63.30%	61.00%	56.10%
Expected dividend yield (as a percent)	0.00%	0.00%	0.00%
Minimum
Factors used in estimating the fair value of each stock option granted
Expected life of options (in years)	3 years 9 months 18 days	3 years	2 years 10 months 25 days
Maximum
Factors used in estimating the fair value of each stock option granted
Expected life of options (in years)	4 years 10 months 24 days	5 years 6 months	5 years 7 months 6 days

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment, Net of Accumulated Depreciation (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Property and equipment, net of accumulated depreciation
Gross property and equipment	$ 278,161	$ 256,660
Less accumulated depreciation	(157,044)	(138,263)
Net property and equipment	121,117	118,397
Land
Property and equipment, net of accumulated depreciation
Gross property and equipment	6,628	6,628
Buildings and building improvements
Property and equipment, net of accumulated depreciation
Gross property and equipment	41,479	40,879
Furniture and fixtures
Property and equipment, net of accumulated depreciation
Gross property and equipment	61,963	56,877
Equipment
Property and equipment, net of accumulated depreciation
Gross property and equipment	66,268	65,884
Software
Property and equipment, net of accumulated depreciation
Gross property and equipment	43,664	40,750
Leasehold Improvements
Property and equipment, net of accumulated depreciation
Gross property and equipment	57,371	44,838
Assets Under Capital Lease
Property and equipment, net of accumulated depreciation
Gross property and equipment	$ 788	$ 804

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Aug. 18, 2015
Line Of Credit Facility [Line Items]
Revolving credit facility outstanding amount	$ 38,480,000	$ 30,500,000
Amortization of financing fees	$ 315,000	326,000	$ 462,000
Revolving Credit Facility
Line Of Credit Facility [Line Items]
Term of credit facility (in years)	5 years
Maximum borrowing capacity				$ 180,000,000
Revolving credit facility maturity date	Aug. 18, 2020
Availability to be maintained under credit facility				$ 12,500,000
Availability to be maintained under credit facility before restriction on investments, percentage				20.00%
Covenant terms	The Revolving Credit Facility contains certain restrictive covenants, which affect, among others, our ability to incur liens or incur additional indebtedness, change the nature of our business, sell assets or merge or consolidate with any other entity, or make investments or acquisitions unless they meet certain requirements. The Revolving Credit Facility requires that we satisfy a fixed charge coverage ratio at any time that our availability is less than the greater of 10% of our calculated borrowing base or $12.5 million. Our Revolving Credit Facility may, in some instances, limit our ability to pay cash dividends and repurchase our common stock.
Revolving credit facility outstanding amount	$ 38,500,000
Outstanding letters of credit	9,500,000
Availability under the credit facility	$ 60,500,000
Frequency of commitment fee payment	Payable quarterly
Revolving credit facility, description of variable rate basis	One month LIBOR
Interest expense	$ 2,100,000	1,500,000
Commitment fees	400,000	400,000
Interest expense, debt	1,300,000	700,000
Amortization of financing fees	$ 400,000	$ 400,000
Revolving Credit Facility | Minimum
Line Of Credit Facility [Line Items]
Availability to be maintained under credit facility, percentage				10.00%
Revolving Credit Facility | Maximum
Line Of Credit Facility [Line Items]
Commitment fees (as a percent)	0.25%

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Payables And Accruals [Abstract]
Sales and use tax	$ 3,467	$ 3,543
Self-insurance reserves	12,823	12,192
Wages, benefits and payroll taxes	6,006	5,710
Property taxes	1,612	1,524
Freight and distribution	4,807	4,490
Capital expenditures	1,585	4,780
Utilities	1,234	1,282
Advertising	1,102	525
Deferred rent	2,028	1,408
Cease use rent	77	991
Other	7,024	7,815
Total accrued liabilities	$ 41,765	$ 44,260

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Provision (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Current
Federal			$ (147)
State and local	$ 426	$ 166	399
Total	426	166	252
Deferred
Federal	(568)	27	186
State and local	3	4	(175)
Total	(565)	31	11
Total
Federal	(568)	27	39
State and local	429	170	224
Total	$ (139)	$ 197	$ 263

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	Dec. 22, 2017	Dec. 21, 2017	Jun. 30, 2018USD ($)Subsidiary	Jun. 30, 2018USD ($)Subsidiary	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Income Tax [Line Items]
Statutory federal income tax rate	21.00%	35.00%	21.00%	27.20%	34.00%	34.00%
Alternative minimum tax credit			$ 571,000	$ 571,000
Federal tax rate change				19,000
Deferred tax assets, valuation allowance				3,500,000
Deferred income tax assets			24,200,000	24,200,000
Deferred tax assets, valuation allowance			23,688,000	23,688,000	$ 27,150,000	$ 15,992,000
Operating loss carryforward - Federal			89,300,000	89,300,000
Operating loss carryforward - State			$ 4,800,000	$ 4,800,000
Number of subsidiaries filing income tax returns in the U.S. federal jurisdiction, and various state jurisdictions | Subsidiary			1	1
Unrecognized tax benefits that, if recognized, would affect the effective tax rate			$ 294,000	$ 294,000
Interest, net of tax effect recognized				7,000	9,000	16,000
Interest paid, net of tax				$ 0	$ 0	$ 0
Federal | Earliest Tax Year
Income Tax [Line Items]
Operating loss carryforward expiration year				2,033
Federal | Latest Tax Year
Income Tax [Line Items]
Operating loss carryforward expiration year				2,038
State and Local Jurisdiction | Earliest Tax Year
Income Tax [Line Items]
Operating loss carryforward expiration year				2,018
State and Local Jurisdiction | Latest Tax Year
Income Tax [Line Items]
Operating loss carryforward expiration year				2,038

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Income Taxes Computed at Blended Statutory Federal Income Tax Rate (Details) - USD ($)	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Reconciliation of the expected federal income tax expense at the statutory income tax rate to the actual tax expense
Federal income tax provision/(benefit) computed at statutory rate	$ (6,005,000)	$ (10,997,000)	$ 1,351,000
State income taxes, net of related federal tax benefit	314,000	106,000	157,000
Increase/(decrease) in federal valuation allowance	5,182,000	10,076,000	(668,000)
Federal tax credits	(200,000)	68,000	(670,000)
Stock option expiration/deficiencies	586,000	938,000
Federal tax rate change	(19,000)
Other, net	3,000	6,000	93,000
Total	$ (139,000)	$ 197,000	$ 263,000

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Deferred tax assets:
Other payroll and benefits	$ 580	$ 681	$ 1,482
Inventory reserves	266	195	268
Self-insurance reserves	3,389	4,517	4,611
Share-based compensation	2,104	3,564	3,807
Other current assets	2,441	2,829	2,250
Deferred rent	5,705	5,068	2,266
Net operating loss and tax credits	26,040	25,610	18,497
Other noncurrent assets		537	1,121
Total gross deferred tax assets	40,525	43,001	34,302
Deferred tax liabilities:
Inventory costs	5,518	9,468	8,199
Prepaid supplies	1,582	2,392	2,506
Property and equipment	9,215	4,033	7,616
Total gross deferred tax liabilities	16,315	15,893	18,321
Valuation allowance	(23,688)	(27,150)	(15,992)
Net deferred tax (liability)		(42)	(11)
Net deferred tax asset	$ 522
Net deferred tax (liability)		$ 42	$ 11

Income Taxes - Schedule of Reco

Income Taxes - Schedule of Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Reconciliation of the beginning and ending amount of unrecognized tax benefits
Balance at beginning of the period	$ 147	$ 147	$ 147
Additions for tax positions of prior years	0	0	0
Reductions for lapse of statute of limitations	0	0	0
Balance at end of the period	$ 147	$ 147	$ 147

Share-Based Incentive Plans - N

Share-Based Incentive Plans - Narrative (Details) - USD ($)	Aug. 21, 2017	Sep. 16, 2014	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Nov. 16, 2016	Jun. 30, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Exercise price of stock options outstanding, low end of range			$ 1.24
Exercise price of stock option outstanding, high end of range			20.91
Stock Option Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted average grant date fair value of awards granted (in dollars per share)			$ 2.46	$ 2.55	$ 2.75
Aggregate intrinsic value of awards vested (in dollars)			$ 22,000
Exercised (in shares)			3,000	6,208	4,667
Aggregate intrinsic value of awards exercised (in dollars)			$ 3,700	$ 20,100	$ 27,000
Unrecognized share-based compensation expense (in dollars)			$ 6,000,000
Weighted average period for recognition of unrecognized share-based compensation expense (in years)			1 year 10 months 24 days
Restricted Stock Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards outstanding			1,433,000	1,090,000	762,000		432,000
Weighted average grant date fair value of awards granted (in dollars per share)			$ 2.44	$ 5.80	$ 6.98
2014 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares authorized		6,100,000
Number of common stock shares available for issuance						2,500,000
2014 Plan | Stock Option Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expiration period (in years)			10 years
Shares available for grant			3,100,000
2014 Plan | Stock Option Awards | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period (in years)		1 year	1 year
2014 Plan | Stock Option Awards | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period (in years)			4 years
Vesting percentage		5.00%
2014 Plan | Full Value Awards | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period (in years)		1 year
2014 Plan | Full Value Awards | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting percentage		5.00%
2014 Plan | Tenure Awards | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period (in years)	3 years
2014 Plan | Tenure Awards | Minimum | Non Employee Directors
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period (in years)	1 year
2014 Plan | Performance-Based Restricted Stock Awards and Stock Option Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards outstanding			1,643,918
2008 Plan | Stock Option Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expiration period (in years)			10 years
2008 Plan | Stock Option Awards | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period (in years)			1 year
2008 Plan | Stock Option Awards | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period (in years)			4 years
2008 and 2014 Plan | Restricted Stock Awards
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Awards outstanding				1,433,269
Weighted average grant date fair value of awards granted (in dollars per share)			$ 3.95
2008 and 2014 Plan | Restricted Stock Awards | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period (in years)			1 year
2008 and 2014 Plan | Restricted Stock Awards | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period (in years)			4 years

Share-Based Incentive Plans - S

Share-Based Incentive Plans - Summary of Option Transactions (Details) - Stock Option Awards - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Number of Shares
Options outstanding at the beginning of year	3,516,000	3,212,000	1,838,000
Granted during year	621,000	1,564,000	2,500,000
Exercised during the year	(3,000)	(6,208)	(4,667)
Forfeited or expired during year	(177,000)	(1,254,000)	(1,121,000)
Options outstanding at the end of year	3,957,000	3,516,000	3,212,000	1,838,000
Exercisable at June 30, 2018	1,478,000
Weighted-Average Exercise Price
Options outstanding at the beginning of year	$ 7.02	$ 8.57	$ 13.37
Granted during year	2.46	6.11	6.48
Exercised during the year	1.24	1.24	1.24
Forfeited or expired during year	7.21	9.88	11.81
Options outstanding at the end of year	6.30	$ 7.02	$ 8.57	$ 13.37
Exercisable at June 30, 2018	$ 7.93
Weighted-Average Remaining Contractual Term (Years)
Options outstanding at the end of year	7 years 2 months 15 days	7 years 10 months 9 days	7 years 7 months 9 days	8 years 3 months
Exercisable at June 30, 2018	5 years 5 months 26 days
Aggregate Intrinsic Value
Options outstanding at the end of year	$ 475	$ 2	$ 2,111	$ 1,384
Exercisable at June 30, 2018	$ 22

Share-Based Incentive Plans -41

Share-Based Incentive Plans - Summary of Information about Stock Options Outstanding (Details)	12 Months Ended
	Jun. 30, 2018$ / sharesshares
Information about stock options outstanding
Low end of range of exercise prices	$ 1.24
High end of range of exercise prices	$ 20.91
Number Outstanding | shares	3,957,243
Weighted Average Remaining Contractual Life (Years), Options Outstanding	7 years 2 months 15 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 6.30
Number Exercisable | shares	1,478,373
Weighted Average Exercise Price Per Share, Options Exercisable	$ 7.93
$1.24 - $2.45
Information about stock options outstanding
Low end of range of exercise prices	1.24
High end of range of exercise prices	$ 2.45
Number Outstanding | shares	632,358
Weighted Average Remaining Contractual Life (Years), Options Outstanding	9 years 1 month 28 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 2.30
Number Exercisable | shares	22,928
Weighted Average Exercise Price Per Share, Options Exercisable	$ 2.07
$3.12 - $5.59
Information about stock options outstanding
Low end of range of exercise prices	3.12
High end of range of exercise prices	$ 5.59
Number Outstanding | shares	238,098
Weighted Average Remaining Contractual Life (Years), Options Outstanding	7 years 3 months 10 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 4.47
Number Exercisable | shares	104,283
Weighted Average Exercise Price Per Share, Options Exercisable	$ 4.81
$5.64 - $5.64
Information about stock options outstanding
Low end of range of exercise prices	5.64
High end of range of exercise prices	$ 5.64
Number Outstanding | shares	690,414
Weighted Average Remaining Contractual Life (Years), Options Outstanding	7 years 7 months 2 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 5.64
Number Exercisable | shares	197,454
Weighted Average Exercise Price Per Share, Options Exercisable	$ 5.64
$5.88 - $5.89
Information about stock options outstanding
Low end of range of exercise prices	5.88
High end of range of exercise prices	$ 5.89
Number Outstanding | shares	305,508
Weighted Average Remaining Contractual Life (Years), Options Outstanding	7 years 4 months 6 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 5.89
Number Exercisable | shares	10,000
Weighted Average Exercise Price Per Share, Options Exercisable	$ 5.88
$5.95 - $5.95
Information about stock options outstanding
Low end of range of exercise prices	5.95
High end of range of exercise prices	$ 5.95
Number Outstanding | shares	462,825
Weighted Average Remaining Contractual Life (Years), Options Outstanding	7 years 10 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 5.95
Number Exercisable | shares	462,825
Weighted Average Exercise Price Per Share, Options Exercisable	$ 5.95
$6.29 - $6.58
Information about stock options outstanding
Low end of range of exercise prices	6.29
High end of range of exercise prices	$ 6.58
Number Outstanding | shares	25,948
Weighted Average Remaining Contractual Life (Years), Options Outstanding	7 years 5 months 8 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 6.54
Number Exercisable | shares	14,641
Weighted Average Exercise Price Per Share, Options Exercisable	$ 6.51
$6.71 - $6.71
Information about stock options outstanding
Low end of range of exercise prices	6.71
High end of range of exercise prices	$ 6.71
Number Outstanding | shares	913,950
Weighted Average Remaining Contractual Life (Years), Options Outstanding	8 years 2 months 1 day
Weighted Average Exercise Price Per Share, Options Outstanding	$ 6.71
Number Exercisable | shares	104,302
Weighted Average Exercise Price Per Share, Options Exercisable	$ 6.71
$7.90 - $8.55
Information about stock options outstanding
Low end of range of exercise prices	7.90
High end of range of exercise prices	$ 8.55
Number Outstanding | shares	397,013
Weighted Average Remaining Contractual Life (Years), Options Outstanding	4 years 3 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 8.08
Number Exercisable | shares	290,711
Weighted Average Exercise Price Per Share, Options Exercisable	$ 8.14
$10.46 - $19.36
Information about stock options outstanding
Low end of range of exercise prices	10.46
High end of range of exercise prices	$ 19.36
Number Outstanding | shares	283,597
Weighted Average Remaining Contractual Life (Years), Options Outstanding	3 years 4 months 24 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 15.18
Number Exercisable | shares	265,580
Weighted Average Exercise Price Per Share, Options Exercisable	$ 14.96
$20.91 - $20.91
Information about stock options outstanding
Low end of range of exercise prices	20.91
High end of range of exercise prices	$ 20.91
Number Outstanding | shares	7,532
Weighted Average Remaining Contractual Life (Years), Options Outstanding	6 years 4 months 13 days
Weighted Average Exercise Price Per Share, Options Outstanding	$ 20.91
Number Exercisable | shares	5,649
Weighted Average Exercise Price Per Share, Options Exercisable	$ 20.91

Share-Based Incentive Plans (De

Share-Based Incentive Plans (Details 3) - Restricted Stock Awards - $ / shares shares in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Number of Shares
Outstanding at the beginning of year	1,090	762	432
Granted during year	981	941	869
Vested during year	(398)	(230)	(175)
Forfeited during year	(240)	(383)	(364)
Outstanding at the end of year	1,433	1,090	762
Weighted-Average Fair Value at Date of Grant
Outstanding at the end of year	$ 6.57	$ 8.65	$ 16.95
Granted during year	2.44	5.80	6.98
Vested during year	6.81	8.38	12.52
Forfeited during year	4.94	7.73	12.65
Outstanding at the end of year	$ 3.95	$ 6.57	$ 8.65

Share-Based Incentive Plans -43

Share-Based Incentive Plans - Schedule of Recognized Share-Based Compensation Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Share-based incentive plans
Share-based compensation	$ 3,433	$ 4,184	$ 3,115
Amounts capitalized in inventory	(1,280)	(1,497)	(1,724)
Share Based Compensation Amortization
Share-based incentive plans
Share-based compensation	3,349	4,114	3,403
Cost of Sales
Share-based incentive plans
Share-based compensation	$ 1,364	$ 1,567	$ 1,436

Operating Leases - Narrative (D

Operating Leases - Narrative (Details) ft² in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2018USD ($)Lease	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015ft²
Operating Leased Assets [Line Items]
Number of options available for store lease extensions | Lease	2
Period available under each store lease renewal option (in years)	5 years
Leases area for distribution center | ft²				0.6
Rent expense | $	$ 118.3	$ 108	$ 98.3
Minimum
Operating Leased Assets [Line Items]
Initial term of the store lease (in years)	5 years
Period after which leases for new stores can be terminated if the store does not deliver sales expectations	24 months
Maximum
Operating Leased Assets [Line Items]
Initial term of the store lease (in years)	10 years
Period after which leases for new stores can be terminated if the store does not deliver sales expectations	60 months

Operating Leases - Future Minim

Operating Leases - Future Minimum Rental Payments Under Leases (Details) $ in Thousands	Jun. 30, 2018USD ($)
Future minimum rental payments under leases
2,019	$ 92,104
2,020	77,523
2,021	65,594
2,022	56,753
2,023	50,308
Thereafter	160,817
Total minimum rental payments	$ 503,099

401(K) Profit Sharing Plan (Det

401(K) Profit Sharing Plan (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Profit sharing plan
Contributions expensed	$ 1.4	$ 1.3	$ 1.2
Full-time Employees
Profit sharing plan
Eligible service period (in months)	1 month
Part-time Employees
Profit sharing plan
Eligible service period (in months)	12 months
Eligible minimum service period (in hours)	1000 hours
Minimum
Profit sharing plan
Employee's contribution (as a percent)	1.00%
Maximum
Profit sharing plan
Employee's contribution (as a percent)	75.00%
Match contribution by employer (as a percent)	4.00%

Earnings Per Common Share - Com

Earnings Per Common Share - Computation of Basic and Diluted Earnings/(Loss) Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net income/(loss)	$ (10,296)	$ (8,080)	$ 8,692	$ (12,254)	$ (17,321)	$ (14,796)	$ 8,430	$ (8,855)	$ (21,938)	$ (32,542)	$ 3,713
Less: Income to participating securities											40
Net income/(loss) attributable to common shares									$ (21,938)	$ (32,542)	$ 3,673
Weighted average common shares outstanding—basic									44,282	43,943	43,705
Effect of dilutive stock equivalents											31
Weighted average common shares outstanding—dilutive									44,282	43,943	43,736
Net income/(loss) per common share—basic	$ (0.23)	$ (0.18)	$ 0.19	$ (0.28)	$ (0.39)	$ (0.34)	$ 0.19	$ (0.20)	$ (0.50)	$ (0.74)	$ 0.08
Net income/(loss) per common share—diluted	$ (0.23)	$ (0.18)	$ 0.19	$ (0.28)	$ (0.39)	$ (0.34)	$ 0.19	$ (0.20)	$ (0.50)	$ (0.74)	$ 0.08

Earnings Per Common Share - Nar

Earnings Per Common Share - Narrative (Details) shares in Millions	12 Months Ended
	Jun. 30, 2016shares
Equity Option
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Weighted average shares excluded from computation of diluted income per share	0.1

Quarterly Results of Operatio49

Quarterly Results of Operations - Summary of Unaudited Quarterly Results (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 230,473	$ 223,296	$ 333,807	$ 218,756	$ 223,642	$ 203,001	$ 328,137	$ 211,885	$ 1,006,332	$ 966,665	$ 956,396
Gross profit	77,036	80,303	105,685	77,950	70,268	67,156	105,982	77,339	340,974	320,745	341,802
Operating income/(loss)	(9,443)	(7,789)	8,276	(11,994)	(17,129)	(14,678)	8,767	(9,240)	(20,950)	(32,280)	2,404
Net income/(loss)	$ (10,296)	$ (8,080)	$ 8,692	$ (12,254)	$ (17,321)	$ (14,796)	$ 8,430	$ (8,855)	$ (21,938)	$ (32,542)	$ 3,713
Basic income/(loss) per share (in dollars per share)	$ (0.23)	$ (0.18)	$ 0.19	$ (0.28)	$ (0.39)	$ (0.34)	$ 0.19	$ (0.20)	$ (0.50)	$ (0.74)	$ 0.08
Diluted income/(loss) per share (in dollars per share)	$ (0.23)	$ (0.18)	$ 0.19	$ (0.28)	$ (0.39)	$ (0.34)	$ 0.19	$ (0.20)	$ (0.50)	$ (0.74)	$ 0.08

Dividend Restrictions - Narrati

Dividend Restrictions - Narrative (Details)	Jun. 30, 2018USD ($)
Disclosure Of Restrictions On Dividends Loans And Advances Disclosure [Abstract]
Retained earnings free of limitation on the payment of dividends	$ 0
Restricted net assets	$ 12,100,000

Condensed Financial Informati51

Condensed Financial Information - Condensed Statement of Position (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Current assets:
Total Current Assets	$ 251,382	$ 236,518
Noncurrent assets:
Total Assets	376,256	358,153
Current liabilities:
Total Current Liabilities	130,743	111,597
Total Liabilities	196,002	159,314
Stockholders’ equity:
Common stock	469	469
Additional paid-in capital	237,957	234,604
Retained deficit	(51,360)	(29,422)
Less: Treasury stock	(6,812)	(6,812)
Total Stockholders’ Equity	180,254	198,839	$ 227,282	$ 220,289
Total Liabilities and Stockholders’ Equity	376,256	358,153
Parent Company
Current assets:
Accounts receivable from subsidiaries	26,529	24,489
Total Current Assets	26,529	24,489
Noncurrent assets:
Investment in subsidiaries	153,725	174,350
Total noncurrent assets	153,725	174,350
Total Assets	180,254	198,839
Stockholders’ equity:
Common stock	469	469
Additional paid-in capital	237,957	234,604
Retained deficit	(51,360)	(29,422)
Less: Treasury stock	(6,812)	(6,812)
Total Stockholders’ Equity	180,254	198,839
Total Liabilities and Stockholders’ Equity	$ 180,254	$ 198,839

Condensed Financial Informati52

Condensed Financial Information - Condensed Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Condensed Income Statements Captions [Line Items]
Net sales	$ 230,473	$ 223,296	$ 333,807	$ 218,756	$ 223,642	$ 203,001	$ 328,137	$ 211,885	$ 1,006,332	$ 966,665	$ 956,396
Cost of sales									665,358	645,920	614,594
Gross profit	77,036	80,303	105,685	77,950	70,268	67,156	105,982	77,339	340,974	320,745	341,802
Selling, general and administrative expenses									361,924	353,025	339,398
Operating income/(loss)	(9,443)	(7,789)	8,276	(11,994)	(17,129)	(14,678)	8,767	(9,240)	(20,950)	(32,280)	2,404
Other income/(expense):
Interest expense									(2,061)	(1,485)	(1,068)
Other income, net									934	1,420	2,640
Income/(loss) before income taxes									(22,077)	(32,345)	3,976
Income tax provision/(benefit)									(139)	197	263
Net income/(loss)	$ (10,296)	$ (8,080)	$ 8,692	$ (12,254)	$ (17,321)	$ (14,796)	$ 8,430	$ (8,855)	(21,938)	(32,542)	3,713
Parent Company
Other income/(expense):
Net income/(loss) of subsidiaries									(21,938)	(32,542)	3,713
Net income/(loss)									$ (21,938)	$ (32,542)	$ 3,713

Condensed Financial Informati53

Condensed Financial Information - Narrative (Details) - Revolving Credit Facility - USD ($)	Jun. 30, 2018	Aug. 18, 2015
Condensed Financial Statements Captions [Line Items]
Availability under the credit facility	$ 60,500,000
Maximum borrowing capacity		$ 180,000,000
Availability to be maintained under credit facility before restriction on investments, percentage		20.00%
Parent Company
Condensed Financial Statements Captions [Line Items]
Availability under the credit facility	60,500,000
Maximum borrowing capacity	$ 180,000,000
Availability to be maintained under credit facility before restriction on investments, percentage	20.00%