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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (151,601) $ (62,256)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 35,715 38,237
Provision 1,850 0
Deferred taxes (13,547) (480)
Stock-based compensation 6,847 7,781
Changes in assets and liabilities, net of acquisitions:    
Receivables 35,913 29,016
Prepaid expenses, other current and noncurrent assets 8,610 1,673
Accounts payable, accrued expenses, salaries, wages and payroll taxes (134,215) (37,546)
Deferred revenue, other current and noncurrent liabilities (27,990) (20,783)
Income tax receivables, accrued income taxes and income tax reserves (72,768) (52,698)
Other, net (1,438) (1,541)
Net cash used in operating activities (312,624) (98,597)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (15,620) (13,386)
Payments made for business acquisitions, net of cash acquired (4,265) (2,538)
Franchise loans funded (4,474) (7,913)
Payments from franchisees 2,839 10,744
Other, net 2,067 1,100
Net cash used in investing activities (19,453) (11,993)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of line of credit borrowings 0 (2,000,000)
Repayments of long-term debt 0 (650,000)
Proceeds from issuance of long-term debt 0 647,965
Dividends paid (48,996) (50,044)
Repurchase of common stock, including shares surrendered (165,800) (76,731)
Proceeds from exercise of stock options 3,385 1,134
Other, net (5,911) (19,131)
Net cash used in financing activities (217,322) (2,146,807)
Effects of exchange rate changes on cash (3,959) 2,975
Net decrease in cash and cash equivalents, including restricted balances (553,358) (2,254,422)
Cash, cash equivalents and restricted cash, beginning of period 1,584,164 2,769,947
Cash, cash equivalents and restricted cash, end of period 1,030,806 515,525
SUPPLEMENTARY CASH FLOW DATA:    
Income taxes paid, net of refunds received 38,419 79,343
Interest paid on borrowings 12,594 34,726
Accrued purchase of common stock 4,785 12,323
Accrued additions to property and equipment 6,273 1,816
New operating right of use assets and related lease liabilities 29,371 21,590
Accrued dividends payable to common shareholders $ 47,940 $ 50,154