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GOODWILL AND OTHER INTANGIBLES: (Tables)
3 Months Ended
Sep. 30, 2011
GOODWILL AND OTHER INTANGIBLES: 
Schedule of goodwill

 

 

 

Salons

 

Hair Restoration

 

 

 

 

 

North America

 

International

 

Centers

 

Consolidated

 

 

 

(Dollars in thousands)

 

Gross goodwill at June 30, 2011

 

$

715,219

 

$

41,661

 

$

152,796

 

$

909,676

 

Accumulated impairment losses

 

(187,503

)

(41,661

)

 

(229,164

)

Net goodwill at June 30, 2011

 

527,716

 

 

152,796

 

680,512

 

Goodwill acquired (1)

 

4,337

 

 

 

4,337

 

Translation rate adjustments

 

(4,274

)

 

13

 

(4,261

)

Gross goodwill at September 30, 2011

 

715,282

 

41,661

 

152,809

 

909,752

 

Accumulated impairment losses

 

(187,503

)

(41,661

)

 

(229,164

)

Net goodwill at September 30, 2011

 

$

527,779

 

$

 

$

152,809

 

$

680,588

 

 

 

(1)           See Note 5 to the Condensed Consolidated Financial Statements.

 

Schedule of additional information concerning other intangibles, net

 

 

 

September 30, 2011

 

June 30, 2011

 

 

 

 

 

Accumulated

 

 

 

 

 

Accumulated

 

 

 

 

 

Cost

 

Amortization

 

Net

 

Cost

 

Amortization

 

Net

 

 

 

(Dollars in thousands)

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Brand assets and trade names

 

$

79,797

 

$

(14,703

)

$

65,094

 

$

80,310

 

$

(14,329

)

$

65,981

 

Customer lists

 

53,188

 

(35,478

)

17,710

 

53,188

 

(34,096

)

19,092

 

Franchise agreements

 

22,109

 

(8,897

)

13,212

 

22,221

 

(8,909

)

13,312

 

Lease intangibles

 

14,855

 

(5,312

)

9,543

 

14,948

 

(5,168

)

9,780

 

Non-compete agreements

 

201

 

(89

)

112

 

353

 

(232

)

121

 

Other

 

4,378

 

(1,437

)

2,941

 

4,429

 

(1,387

)

3,042

 

 

 

$

174,528

 

$

(65,916

)

$

108,612

 

$

175,449

 

$

(64,121

)

$

111,328

 

 

Schedule of weighted average amortization periods of intangible assets

 

 

 

Weighted Average Amortization Period

 

 

 

September 30,
2011

 

June 30,
2011

 

 

 

(In years)

 

Amortized intangible assets:

 

 

 

 

 

Brand assets and trade names

 

39

 

39

 

Customer lists

 

10

 

10

 

Franchise agreements

 

22

 

22

 

Lease intangibles

 

20

 

20

 

Non-compete agreements

 

6

 

5

 

Other

 

22

 

25

 

Total

 

26

 

26

 

 

Schedule of future estimated amortization expense related to amortizable intangible assets

 

Fiscal Year

 

(Dollars in
thousands)

 

2012 (Remainder: nine-month period)

 

$

7,227

 

2013

 

9,393

 

2014

 

9,181

 

2015

 

6,140

 

2016

 

3,982