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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (342,206) $ (318,007)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 71,346 77,937
Provision 14,639 15,977
Deferred taxes 16,685 29,015
Stock-based compensation 13,233 13,359
Changes in assets and liabilities, net of acquisitions:    
Receivables (216,071) (248,184)
Prepaid expenses, other current and noncurrent assets (46,928) (61,070)
Accounts payable, accrued expenses, salaries, wages and payroll taxes (121,926) (14,798)
Deferred revenue, other current and noncurrent liabilities (50,882) (48,117)
Income tax receivables, accrued income taxes and income tax reserves (247,088) (146,215)
Other, net (4,373) (2,737)
Net cash used in operating activities (913,571) (702,840)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (39,371) (34,751)
Payments made for business acquisitions, net of cash acquired (19,333) (12,155)
Franchise loans funded (14,480) (20,064)
Payments from franchisees 6,213 13,633
Other, net 9,527 (5,383)
Net cash used in investing activities (57,444) (58,720)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of line of credit borrowings (210,000) (2,050,000)
Proceeds from line of credit borrowings 485,000 1,040,000
Repayments of long-term debt 0 (650,000)
Proceeds from issuance of long-term debt 0 647,965
Dividends paid (96,938) (100,198)
Repurchase of common stock, including shares surrendered (324,589) (150,782)
Proceeds from exercise of stock options 4,067 1,133
Other, net (7,423) (19,705)
Net cash used in financing activities (149,883) (1,281,587)
Effects of exchange rate changes on cash (3,330) 11,030
Net decrease in cash and cash equivalents, including restricted balances (1,124,228) (2,032,117)
Cash, cash equivalents and restricted cash, beginning of period 1,584,164 2,769,947
Cash, cash equivalents and restricted cash, end of period 459,936 737,830
SUPPLEMENTARY CASH FLOW DATA:    
Income taxes paid, net of refunds received 72,169 95,789
Interest paid on borrowings 36,539 50,472
Accrued purchase of common stock 4,845 0
Accrued additions to property and equipment 1,393 1,285
New operating right of use assets and related lease liabilities 73,710 46,954
Accrued dividends payable to common shareholders $ 46,497 $ 47,689