Regis Corporation (RGS) owns, operates and franchises beauty salons. The services supplied by the Company's salons are haircutting and styling, including shampooing and conditioning; hair coloring, and other services. The Company performs its operations in three operating segments: North American Value, North American Premium and International. The Company's North American Value salon operations are comprises of 6,116 company owned salons and 2,179 franchised salons operating in the United States, Canada, and Puerto Rico. The Company's salons operate under the trade names of SmartStyle, Supercuts, MasterCuts, Regis Salons, and Cost Cutters. Other Value salons are made up of acquired regional company owned salon groups operating under the concepts of Hair Masters, Cool Cuts for Kids, Style America, First Choice Haircutters, Famous Hair, Cost Cutters, BoRics, Magicuts, Holiday Hair, Head Start, Fiesta Salons, and TGF, as well as other concept names.