XML 99 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
INVESTMENTS IN AND LOANS TO AFFILIATES (Tables)
12 Months Ended
Jun. 30, 2013
INVESTMENTS IN AND LOANS TO AFFILIATES  
Schedule of carrying amount of investments in and loans to affiliates

 

 

 
  June 30,  
 
  2013   2012  
 
  (Dollars in thousands)
 

Empire Education Group, Inc. 

  $ 43,098   $ 59,683  

Provalliance

        101,304  

MY Style

    221      
           

 

  $ 43,319   $ 160,987  
           

        

Schedule of notes receivable from affiliates

 

 

 
  June 30,  
 
  2013   2012  
 
  (Dollars in thousands)
 

Empire Education Group, Inc. 

  $   $ 26,412  

MY Style

        2,251  
           

 

  $   $ 28,663  
           

        

Schedule of summarized financial information of equity method investees

 

 

 
  Greater Than 50 Percent Owned   Less Than 50 Percent Owned  
 
  2013   2012   2011   2013   2012   2011  
 
  (Dollars in thousands)
 

Summarized Balance Sheet Information:

                                     

Current assets

  $ 35,900   $ 56,516   $ 34,715   $   $ 84,700   $ 93,072  

Noncurrent assets

    91,847     96,639     113,249         316,282     313,508  

Current liabilities

    25,317     61,074     29,340         106,995     108,708  

Noncurrent liabilities

    21,560     13,947     33,658         78,815     98,269  

Summarized Statement of Operations Information:

                                     

Gross revenue

  $ 170,964   $ 182,326   $ 192,864   $   $ 305,515   $ 271,747  

Gross profit

    58,457     67,201     73,068         132,647     116,354  

Operating (loss) income

    4,981     (1,335 )   18,994         35,569     30,084  

Net (loss) income

    2,359     (7,211 )   11,023         24,067     21,154