BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2013

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of impact of the reclassification

	Fiscal Year 2012
	Prior Presentation(1)		Reclassification			As Presented
	(Dollars in thousands)
Cost of service	$	942,461	$	(790	)	$	941,671
Site operating expenses		192,246		14,785			207,031
General and administrative		263,629		(13,995	)		249,634

	Fiscal Year 2011
	Prior Presentation(1)		Reclassification			As Presented
	(Dollars in thousands)
Cost of service	$	973,739	$	(845	)	$	972,894
Site operating expenses		193,404		17,819			211,223
General and administrative		302,819		(16,974	)		285,845

(1)

Excludes amounts related to discontinued operations. See Note 2 to the Consolidated Statement of Operations.

Schedule of impact of the reclassification, excluding discontinued operations, by reportable segment

	Fiscal Year 2012
	North America							Unallocated Corporate
	Prior Presentation		Reclassification			As Presented(2)		Prior Presentation(1)			Reclassification			As Presented(2)
	(Dollars in thousands)
Depreciation and amortization	$	68,983	$	2,270		$	71,253	$	30,690		$	(2,270	)	$	28,420
Operating income (loss)		165,368		(25,394	)		139,974		(170,040	)		25,394			(144,646	)

	Fiscal Year 2011
	North America							Unallocated Corporate
	Prior Presentation		Reclassification			As Presented(2)		Prior Presentation			Reclassification			As Presented(2)
	(Dollars in thousands)
Depreciation and amortization	$	69,763	$	2,444		$	72,207	$	17,638		$	(2,444	)	$	15,194
Operating income (loss)		166,683		(26,726	)		139,957		(187,703	)		26,726			(160,977	)

(1)

Excludes amounts related to discontinued operations. See Note 2 to the Consolidated Statement of Operations.

(2)

See Note 14 to the Consolidated Statement of Operations for presentation of segment information.

Schedule of goodwill by reporting unit

	June 30,
Reporting Unit	2013		2012
	(Dollars in thousands)
Regis	$	34,953	$	34,992
MasterCuts		4,652		4,652
SmartStyle		49,286		49,476
Supercuts		129,610		129,621
Promenade		242,384		243,538
Total	$	460,885	$	462,279