XML 17 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Statement of Cash Flows [Abstract]    
Net loss $ (14,794) $ (26,506)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 29,844 34,819
Equity in loss of affiliated companies 14,783 11,580
Deferred income taxes (1,860) 6,359
Salon asset impairment 5,041 6,952
Gain on sale of salon assets (625) (529)
Stock-based compensation 4,970 4,038
Amortization of debt discount and financing costs 782 1,001
Other non-cash items affecting earnings 235 716
Changes in operating assets and liabilities, excluding the effects of asset sales (26,478) (801)
Net cash provided by operating activities 11,898 37,629
Cash flows from investing activities:    
Capital expenditures (15,670) (22,493)
Proceeds from sale of assets 1,190 1,429
Change in restricted cash (943) 0
Net cash used in investing activities (15,423) (21,064)
Cash flows from financing activities:    
Repayments of long-term debt and capital lease obligations (2) (173,745)
Repurchase of common stock (77,033) (22,890)
Purchase of noncontrolling interest (684) 0
Net cash used in financing activities (77,719) (196,635)
Effect of exchange rate changes on cash and cash equivalents (882) (2,737)
Decrease in cash and cash equivalents (82,126) (182,807)
Cash and cash equivalents:    
Beginning of period 212,279 378,627
End of period $ 130,153 $ 195,820