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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net loss $ (35,266) $ (13,805)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Non-cash adjustments related to discontinued operations 0 (470)
Depreciation and amortization 6,087 7,863
Salon asset impairments 0 1,517
Long-lived asset impairment 5,824 0
Deferred income taxes (384) (3,821)
Loss from sale of salon assets to franchisees, net 662 5,860
Stock-based compensation (Note 5) (1,225) 1,807
Amortization of debt discount and financing costs 438 69
Other non-cash items affecting earnings 4 (23)
Changes in operating assets and liabilities, excluding the effects of asset sales [1] (5,006) (12,477)
Net cash used in operating activities (28,866) (13,480)
Cash flows from investing activities:    
Capital expenditures (3,811) (4,899)
Proceeds from sale of assets to franchisees 3,735 37,945
Costs associated with sale of salon assets to franchisees (125) (1,019)
Net cash (used in) provided by investing activities (201) 32,027
Cash flows from financing activities:    
Repurchase of common stock 0 (28,247)
Taxes paid for shares withheld (187) (1,808)
Distribution center lease payments (238) (248)
Net cash (used in) financing activities (425) (30,303)
Effect of exchange rate changes on cash and cash equivalents 88 3
Decrease in cash, cash equivalents, and restricted cash (29,404) (11,753)
Cash, cash equivalents and restricted cash:    
Beginning of period 122,880 92,379
End of period $ 93,476 $ 80,626
[1] Changes in operating assets and liabilities exclude assets and liabilities sold.