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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income (loss) $ 3,281 $ (808)
Adjustments to reconcile net income to net cash provided by:    
Depreciation and amortization 14,040 15,205
Equity in loss of affiliated companies 0 858
Deferred income taxes 1,969 1,727
Gain from sale of salon assets, net (32) (407)
Salon asset impairments 1,910 2,650
Stock-based compensation 1,865 2,508
Amortization of debt discount and financing costs 351 337
Other non-cash items affecting earnings 13 8
Changes in operating assets and liabilities, excluding the effects of asset sales (11,067) (9,569)
Net cash provided by operating activities 12,330 12,509
Cash flows from investing activities:    
Capital expenditures (10,933) (8,611)
Proceeds from sale of assets 163 684
Change in restricted cash 1,133 (682)
Net cash used in investing activities (9,637) (8,609)
Cash flows from financing activities:    
Repayments of long-term debt and capital lease obligations 0 (2)
Repurchase of common stock 0 (38,418)
Employee taxes paid for shares withheld (1,054) (655)
Net cash used in financing activities (1,054) (39,075)
Effect of exchange rate changes on cash and cash equivalents (454) (324)
Increase (decrease) in cash and cash equivalents 1,185 (35,499)
Cash and cash equivalents:    
Beginning of period 147,346 212,279
End of period $ 148,531 $ 176,780