Regis corp (RGS)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent

-9,402

-13,805

-5,396

-14,633

6,530

-727

3,287

-7,020

35,491

-25,322

-1,146

-18,455

-2,219

3,281

5,562

-2,084

-13,986

-808

-2,573

-4,763

-16,663

-9,843

-19,816

-9,484

-109,085

-136

1,987

2,361

-12,266

38,424

-63,634

-1,369

-57,427

8,337

-16,395

-25,335

14,505

18,320

18,339

-1,525

18,154

7,772

Adjustments to reconcile net (loss) income to net cash used in operating activities:
Non-cash adjustments related to discontinued operations

-116

-470

-

-

603

-427

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash impairment related to discontinued operations

-

-

-

-

-

-

1,806

11,925

-4,074

29,169

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

6,621

7,863

8,534

7,928

8,428

8,371

9,697

9,245

10,516

9,975

10,013

10,340

10,169

10,200

-1,850

14,417

14,639

15,205

16,781

16,659

16,697

18,122

19,866

19,421

19,962

22,157

23,230

21,058

18,569

21,161

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation related to discontinued operations

-

-

-

-

-

-

15

685

909

2,129

3,597

3,422

3,380

3,840

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,256

31,638

-

24,469

23,742

23,612

18,656

24,087

25,026

24,697

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,439

2,468

-

2,457

2,455

2,432

2,427

2,465

2,484

2,494

Equity in loss of affiliated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-13,925

-858

-1,764

-285

-11,972

392

-16,385

23

2,740

1,999

20

1,344

-17,599

907

-24,355

-15,001

5,281

4,032

2,942

-1,513

3,120

2,679

3,548

2,680

2,834

2,880

Dividends received from affiliated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

336

270

3,972

198

4,401

1,452

-

-

-

-

Deferred income taxes

-1,406

-3,821

-3,778

1,881

-7,040

-875

4,785

-4,335

-85,195

4,504

1,543

3,122

1,328

1,969

3,416

5,467

-3,587

1,727

-2,239

7,034

1,740

4,619

1,966

928

67,991

-250

-3,954

3,503

4,232

7,120

-9,190

2,264

-4,445

-2,800

572

-15,911

634

-6

4,541

3,814

-222

-3,018

Gain on life insurance proceeds

-

-

-

-

-

-

0

0

0

7,986

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of salon assets to franchisees, net

-

-5,860

-

-

-

-3,960

-14

237

-104

122

439

-68

89

32

173

1,452

-1,032

407

1,933

-194

-529

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on write down of inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

854

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment on discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-154

Impairment of Long-Lived Assets Held-for-use

1,126

1,517

1,582

702

472

1,831

-7

-5,616

14,435

2,280

-

-

2,477

1,909

2,862

2,575

2,391

2,650

5,267

2,385

2,886

4,066

3,052

8,922

4,679

1,674

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive income reclassification adjustments (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

67,684

0

0

-33,842

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

64

3

-

-

-

-

Stock-based compensation

332

1,807

1,938

2,513

2,217

2,335

1,786

1,865

2,588

2,030

3,644

5,098

2,535

1,865

2,305

2,522

2,462

2,508

2,305

2,304

2,257

1,781

1,501

1,342

1,746

1,811

1,158

1,416

1,489

1,818

1,532

1,416

2,209

2,440

2,440

2,152

2,635

2,369

2,403

2,298

2,328

2,308

Amortization of debt discount and financing costs

69

69

69

68

69

69

69

3,308

352

351

349

351

352

351

265

467

445

337

386

335

383

618

2,125

2,094

2,090

1,843

2,010

1,809

1,778

1,749

1,722

1,695

1,666

1,613

1,653

1,628

1,606

1,582

1,428

1,636

1,394

1,948

Other non-cash items affecting earnings

220

23

411

140

704

-352

7

182

180

-75

-785

-86

-50

-14

-115

40

-227

-8

9

450

-373

-343

-47

-41

-170

34

1,439

-907

-183

-410

894

-1,231

-171

477

432

-1,250

-1,508

815

4,451

-922

654

-1,030

Changes in operating assets and liabilities, excluding the effects of asset sales (1)

4,555

12,477

-

16,851

1,170

32,053

-

18,890

2,514

8,079

-

-11,891

2,708

11,067

-

-3,887

16,226

9,569

-

-11,103

-2,480

3,281

-

-11,244

-13,721

10,164

-

8,615

-15,560

27,467

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,954

907

-71

-2,163

4,325

267

-1,243

19,976

-4,994

-14,931

Inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,230

23,612

-11,548

1,292

-1,716

7,343

805

-7,317

-2,463

4,152

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-736

-4,260

-31,925

29,645

6,798

-28,373

-416

11,313

-3,117

-8,737

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-856

-1,806

356

1,591

-4,924

-1,748

2,215

63

-2,188

-2,747

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,217

-509

12,595

-9,444

4,804

3,095

252

-17,364

-2

32,065

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14,276

11,376

-8,700

9,850

-8,286

4,163

-2,122

4,334

-24,322

17,144

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,982

-7,906

5,044

4,736

5,412

-11,851

-2,732

10,652

490

-2,404

Other noncurrent liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,785

-11,528

-5,157

-1,725

4,138

4,562

-1,807

-569

2,881

1,449

Net cash used in operating activities

-5,849

-13,480

2,749

-9,649

6,540

-17,164

24,254

-9,252

-21,416

9,004

11,522

19,209

15,275

12,330

16,196

27,009

72

12,509

22,417

34,698

21,596

16,033

33,041

34,485

33,473

15,756

-11,944

22,771

50,503

8,466

50,656

41,097

48,492

13,455

67,884

58,461

38,649

64,184

41,137

73,765

38,797

38,524

Cash flows from investing activities:
Capital expenditures

12,677

4,899

8,456

6,356

5,546

11,258

9,506

6,292

7,647

6,126

6,276

4,786

5,734

9,776

462

7,019

7,059

8,611

8,568

7,196

10,864

11,629

14,462

11,064

12,469

11,444

33,303

29,354

25,123

18,077

20,150

22,640

26,152

16,827

22,852

17,954

14,656

16,007

21,053

12,422

11,700

12,646

Capital expenditures related to discontinued operations

-

-

-

-

-

-

0

0

164

1,007

2,147

2,231

1,736

1,157

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of salon assets to franchisees

-

37,945

-

-

-

12,422

5,962

2,924

1,224

1,472

1,659

259

172

163

-

-

-

684

-

-

-

4

-

-

-

-

-

-

131

21

97

34

2

369

18

589

4

15

23

15

13

19

Costs associated with sale of salon assets to franchisees

531

1,019

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

-

-

-

-

362

0

148

2,077

1,694

8,190

4,245

3,861

962

2,018

141

543

Proceeds from loans and investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,088

2,968

527

0

773

130,281

9,680

359

666

1,290

1,804

0

0

15,000

0

0

922

15,177

Disbursements for loans and investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

57,301

0

15,000

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-261

395

-1,133

-2,057

-7,928

261

682

312

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from company-owned life insurance policies

0

0

0

0

0

24,617

0

0

18,108

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

27,257

32,027

31,712

24,213

6,082

25,781

-3,544

-3,368

11,521

-5,661

-7,263

-5,621

-7,693

-9,637

-6,103

4,139

-6,814

-8,609

-7,855

-6,664

-9,439

-11,625

-14,462

-11,058

-10,376

-8,488

130,920

-53,786

-24,219

112,225

-25,735

-22,247

-25,632

-17,245

-22,724

-82,856

-18,897

-19,853

-21,992

-13,689

-10,906

2,007

Cash flows from financing activities:
Proceeds on issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60

-2

632

59

2,655

407

0

156,436

Borrowings on revolving credit facilities

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,700

205,800

198,100

23,900

-

-

-

-

0

0

0

337,000

Payments on revolving credit facilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,700

205,800

198,100

23,900

-

-

-

-

0

0

0

342,000

Proceeds from issuance of long-term debt, net of fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

167,325

Repayments of long-term debt and capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2

2

4

5

173,740

1,825

1,782

1,746

1,706

95,238

1,687

12,473

8,825

5,892

1,811

12,321

9,669

92,142

2,937

39,258

3,334

32,578

3,308

12,285

301,004

Repurchase of common stock

-1

28,247

47,297

40,228

45,799

19,337

15,164

9,634

0

0

-

-

-

-

4,002

20,000

38,615

38,418

14,998

10,000

1,361

21,529

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid for shares withheld

1

1,808

30

142

387

1,918

134

240

509

1,530

2,470

115

59

1,054

56

15

28

655

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale and leaseback payments

232

248

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

64

3

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,396

3,397

3,398

3,405

3,457

3,448

3,450

3,453

3,458

3,494

3,452

3,458

2,302

2,297

2,292

2,285

2,285

2,284

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

0

0

2

-2,880

Net cash used in financing activities

-30,232

-30,303

-36,952

-40,370

-28,118

-21,255

-15,542

-44,279

-884

-1,530

-5,181

-555

-59

-1,054

-4,134

-20,015

-39,327

-39,075

-15,782

-10,004

-1,366

-195,269

-1,825

-1,782

112,916

-5,103

-98,636

-5,092

-30,798

-12,273

-9,342

-5,264

-15,779

-13,163

-95,601

-6,397

-40,867

-5,566

-31,972

-5,186

-14,568

12,593

Effect of exchange rate changes on cash and cash equivalents

119

3

30

179

-562

388

-484

-283

-427

680

1,787

14

-412

-454

256

-155

-558

-324

548

-899

-1,228

-1,509

425

-263

-281

1,033

487

-1,927

399

2,097

-1,219

898

345

-3,637

1,240

1,966

570

4,199

-4,207

-469

532

4,967

Decrease in cash, cash equivalents, and restricted cash

-8,705

-11,753

-2,461

-25,627

-16,058

-12,250

4,684

-57,182

-11,206

2,493

865

13,047

7,111

1,185

6,215

10,978

-46,627

-35,499

-672

17,131

9,563

-192,370

17,179

21,382

135,732

3,198

20,827

-38,034

-4,115

110,515

14,360

14,484

7,426

-20,590

-49,201

-28,826

-20,545

42,964

-17,034

54,421

13,855

58,091