| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||
-14,226 | 6,436 | -18,539 | -11,316 | -33,842 | -138,521 | 30,506 | -114,093 | -8,905 | 42,740 | -124,466 |
Adjustments to reconcile net (loss) income to net cash used in operating activities: | ||||||||||
Non-cash impairment related to discontinued operations | ||||||||||
306 | 38,826 | 0 | 0 | - | - | - | - | - | - | - |
Depreciation and amortization | ||||||||||
33,261 | 39,433 | 40,722 | 42,411 | 68,259 | 81,406 | 84,018 | 111,435 | 98,428 | - | - |
Depreciation related to discontinued operations | ||||||||||
0 | 3,738 | 14,239 | 14,581 | - | - | - | - | - | - | - |
Depreciation | ||||||||||
- | - | - | - | - | - | - | - | - | 92,466 | 105,145 |
Amortization | ||||||||||
- | - | - | - | - | - | - | - | - | 9,870 | 9,871 |
Equity in loss of affiliated companies | ||||||||||
0 | 0 | -81 | -14,783 | -13,629 | -11,623 | -15,328 | -30,043 | 7,228 | 11,942 | -28,940 |
Dividends received from affiliated companies | ||||||||||
- | - | - | - | - | - | 1,095 | 4,047 | 10,023 | 2,404 | 906 |
Deferred income taxes | ||||||||||
-9,812 | -80,241 | 7,962 | 7,023 | 11,154 | 70,635 | 10,901 | -14,171 | -14,711 | 5,115 | -3,843 |
Gain on life insurance proceeds | ||||||||||
0 | 7,986 | 0 | 0 | - | - | - | - | - | - | - |
Loss on sale of salon assets to franchisees, net | ||||||||||
2,918 | 241 | 492 | 1,000 | 1,210 | 0 | 0 | - | - | - | - |
Note receivable bad debt recovery | ||||||||||
21,008 | 0 | 0 | - | - | - | - | 805 | 31,227 | - | - |
Gain from sale of discontinued operations | ||||||||||
- | - | - | - | - | - | 17,827 | 0 | - | - | - |
Loss on write down of inventories | ||||||||||
0 | 0 | 5,905 | 0 | 0 | 854 | 12,557 | 0 | - | - | - |
Impairment on discontinued operations | ||||||||||
- | - | - | - | - | - | - | - | - | -154 | 183,289 |
Goodwill impairment | ||||||||||
- | - | - | - | - | 34,939 | 0 | 146,110 | 74,100 | 35,277 | 41,661 |
Impairment of Long-Lived Assets Held-for-use | ||||||||||
4,587 | 11,092 | 11,366 | 10,478 | 14,604 | 18,327 | 8,224 | 6,636 | 6,681 | 6,428 | 10,201 |
Accumulated other comprehensive income reclassification adjustments (Note 3) | ||||||||||
0 | 6,152 | 0 | 0 | - | - | 33,842 | 0 | - | - | - |
Excess tax benefits from stock-based compensation plans | ||||||||||
- | - | - | - | - | - | - | - | - | 243 | 163 |
Stock-based compensation | ||||||||||
9,003 | 8,269 | 13,142 | 9,797 | 8,647 | 6,400 | 5,881 | 7,597 | 9,596 | 9,337 | 7,525 |
Amortization of debt discount and financing costs | ||||||||||
275 | 4,080 | 1,403 | 1,514 | 1,722 | 8,152 | 7,346 | 6,696 | 6,469 | 6,406 | - |
Other non-cash items affecting earnings | ||||||||||
903 | 294 | -935 | -310 | -257 | -224 | -61 | -31 | -1,511 | 3,153 | -3,405 |
Changes in operating assets and liabilities: | ||||||||||
Receivables | ||||||||||
17,304 | 12,081 | -724 | 577 | -446 | -5,681 | 4,332 | 4,502 | 2,358 | -1,192 | 12,104 |
Inventories | ||||||||||
8,492 | -13,940 | -4,010 | 7,109 | -6,197 | -2,275 | 10,465 | -2,644 | -4,629 | -4,823 | -7,128 |
Income tax receivable | ||||||||||
703 | -527 | 535 | -501 | -5,298 | -26,884 | 23,421 | -2,809 | -23,855 | -957 | 34,652 |
Other current assets | ||||||||||
783 | -239 | 899 | 460 | -3,049 | 5,979 | 7,724 | 5,272 | -4,725 | -2,657 | 52 |
Other assets | ||||||||||
5,546 | 11,229 | 2,586 | 1,133 | 4,480 | 88 | -239 | 841 | 11,050 | 14,951 | 1,327 |
Accounts payable | ||||||||||
-5,836 | -1,103 | -684 | -4,624 | -3,261 | 1,907 | 18,436 | -4,856 | -2,973 | -4,966 | -3,613 |
Accrued expenses | ||||||||||
-20,158 | -10,940 | -13,056 | -14,280 | 9,031 | 3,955 | -27,162 | -8,657 | 3,341 | 6,006 | -23,364 |
Other noncurrent liabilities | ||||||||||
717 | -6,027 | -5,362 | -5,113 | -4,756 | -11,919 | -23 | -11,151 | 1,818 | 1,954 | 387 |
Net cash used in operating activities | ||||||||||
-17,524 | 2,590 | 58,336 | 55,786 | 94,744 | 116,755 | 69,796 | 153,700 | 229,178 | 192,223 | 188,064 |
Cash flows from investing activities: | ||||||||||
Capital expenditures | ||||||||||
31,616 | 29,571 | 26,572 | 23,151 | 38,257 | 49,439 | 105,857 | 85,769 | 71,469 | 57,821 | 73,574 |
Capital expenditures related to discontinued operations | ||||||||||
0 | 1,171 | 7,271 | 7,966 | - | - | - | - | - | - | - |
Proceeds from sale of salon assets to franchisees | ||||||||||
94,787 | 11,582 | 2,253 | 1,740 | 2,986 | 14 | 163,916 | 502 | 626 | 70 | 77 |
Asset acquisitions, net of cash acquired | ||||||||||
- | - | - | - | - | 15 | 0 | 2,587 | 17,990 | 3,664 | 40,051 |
Proceeds from loans and investments | ||||||||||
- | - | - | - | - | 5,056 | 131,581 | 11,995 | 16,804 | 16,099 | 19,008 |
Disbursements for loans and investments | ||||||||||
- | - | - | - | - | - | - | 15,000 | 72,301 | - | 20,971 |
Change in restricted cash | ||||||||||
- | - | - | -9,042 | 312 | 0 | 24,500 | 0 | - | - | - |
Proceeds from company-owned life insurance policies | ||||||||||
24,617 | 18,108 | 876 | 2,948 | 0 | 0 | - | - | - | - | - |
Proceeds from sale of investment | ||||||||||
0 | 0 | 500 | 0 | 0 | - | - | - | - | - | - |
Freestanding derivative settlement | ||||||||||
- | - | - | - | - | - | - | - | - | -736 | - |
Net cash provided by investing activities | ||||||||||
87,788 | -1,052 | -30,214 | -17,387 | -35,583 | -44,384 | 165,140 | -90,859 | -144,330 | -44,580 | -115,511 |
Cash flows from financing activities: | ||||||||||
Proceeds on issuance of common stock | ||||||||||
- | - | - | - | - | - | - | - | 749 | 159,498 | 3,894 |
Borrowings on revolving credit facilities | ||||||||||
0 | 90,000 | 0 | 0 | - | - | 5,200 | 471,500 | - | 337,000 | 6,391,100 |
Repayment of long-term debt | ||||||||||
0 | 124,230 | 0 | - | - | - | - | - | - | - | - |
Payments on revolving credit facilities | ||||||||||
- | - | - | - | - | - | 5,200 | 471,500 | - | 342,000 | 6,525,200 |
Proceeds from issuance of long-term debt, net of fees | ||||||||||
- | - | - | - | - | 118,058 | 0 | 0 | - | 167,325 | 85,000 |
Repayments of long-term debt and capital lease obligations | ||||||||||
- | - | - | 2 | 173,751 | 7,059 | 118,223 | 29,693 | 137,671 | 349,175 | 92,504 |
Repurchase of common stock | ||||||||||
152,661 | 24,798 | 0 | 101,035 | 47,888 | 0 | 14,868 | 0 | - | - | - |
Proceeds from sale and lease back transactions | ||||||||||
28,821 | 0 | 0 | - | - | - | - | - | - | - | - |
Sale and lease back transaction payments | ||||||||||
378 | 0 | 0 | - | - | - | - | - | - | - | - |
Purchase of noncontrolling interest | ||||||||||
- | - | - | 760 | 0 | 0 | - | - | - | - | - |
Taxes paid for shares withheld | ||||||||||
2,477 | 2,413 | 3,698 | 754 | 782 | - | - | - | - | - | - |
Settlement of equity awards | ||||||||||
0 | 794 | 3,151 | 0 | 0 | - | - | - | - | - | - |
Excess tax benefits from stock-based compensation plans | ||||||||||
- | - | - | - | - | - | - | - | - | 243 | 163 |
Dividends paid | ||||||||||
- | - | - | - | - | 6,793 | 13,708 | 13,855 | 11,509 | 9,146 | 6,912 |
Other | ||||||||||
- | - | - | - | - | - | - | - | - | -2,878 | -3,848 |
Net cash used in financing activities | ||||||||||
-126,695 | -62,235 | -6,849 | -102,551 | -222,421 | 104,206 | -146,799 | -43,548 | -148,431 | -39,133 | -148,307 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
35 | -514 | 935 | -781 | -3,088 | 914 | 1,056 | -3,613 | 7,975 | 823 | -9,335 |
Decrease in cash, cash equivalents, and restricted cash | ||||||||||
-56,396 | -61,211 | 22,208 | -64,933 | -166,348 | 177,491 | 89,193 | 15,680 | -55,608 | 109,333 | -85,089 |