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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (172,576) $ (163,482)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 28,831 30,225
Provision for credit losses 1,024 1,098
Deferred taxes 19,006 (37,757)
Stock-based compensation 8,727 7,550
Changes in assets and liabilities, net of acquisitions:    
Receivables 1,029 4,981
Prepaid expenses, other current and noncurrent assets 8,836 6,396
Accounts payable, accrued expenses, salaries, wages and payroll taxes (66,017) (71,202)
Deferred revenue, other current and noncurrent liabilities (27,025) (42,657)
Income tax receivables, accrued income taxes and income tax reserves (129,397) (70,301)
Other, net (1,019) 160
Net cash used in operating activities (328,581) (334,989)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (18,735) (12,916)
Payments made for business acquisitions, net of cash acquired (5,901) (6,919)
Franchise loans funded (7,109) (5,380)
Payments from franchisees 211 937
Other, net 5,140 388
Net cash used in investing activities (26,394) (23,890)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (44,653) (42,953)
Repurchase of common stock, including shares surrendered (238,376) (150,442)
Other, net (1,421) (1,803)
Net cash used in financing activities (284,450) (195,198)
Effects of exchange rate changes on cash 3,249 (3,679)
Net decrease in cash and cash equivalents, including restricted balances (636,176) (557,756)
Cash, cash equivalents and restricted cash, beginning of period 1,075,193 1,015,316
Cash, cash equivalents and restricted cash, end of period 439,017 457,560
SUPPLEMENTARY CASH FLOW DATA:    
Income taxes paid, net (includes payments for purchased investment tax credits) 48,343 58,337
Interest paid on borrowings 19,792 19,792
Accrued additions to property and equipment 6,341 3,316
New operating right of use assets and related lease liabilities 21,861 38,468
Accrued dividends payable to common shareholders 52,307 46,901
Accrued purchase of common stock $ 7,131 $ 10,003