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CONSOLIDATED STATEMENT OF COMPREHENSIVE (LOSS) INCOME (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Statement of Comprehensive Income [Abstract]      
Net (loss) income $ (135,727) [1],[2],[3] $ 29,194 [1],[2],[3] $ (114,093)
Foreign currency translation adjustments:      
Foreign currency translation adjustments during the period 1,930 (1,349) (24,254)
Reclassification adjustments for gains included in net (loss) income 0 (33,842) 0
Net current period foreign currency translation adjustments 1,930 (35,191) (24,254)
Recognition of deferred compensation and other, net of tax expense of $411 and $644, in fiscal years 2013 and 2012, respectively 165 656 1,029
Change in fair market value of financial instruments designated as cash flow hedges, net of tax (benefit) expense of $0, $(12) and $210, respectively 0 (23) 393
Other comprehensive income (loss) 2,095 (34,558) (22,832)
Comprehensive loss $ (133,632) $ (5,364) $ (136,925)
[1] During the fourth quarter of fiscal year 2014, the Company recorded a $12.6 million charge representing its share of goodwill impairment charges recorded by EEG. During the first quarter of fiscal year 2013, the Company recorded a $32.2 million net of tax foreign currency gain associated with the sale of Provalliance. During the second quarter of fiscal year 2013, the Company recorded a $17.9 million impairment charge net of tax related to the impairment of EEG. During the fourth quarter of fiscal year 2013, the Company incurred $6.7 million net of tax of expense for a make-whole payment associated with the prepayment of debt.
[2] During the second quarter of fiscal year 2014, the Company recorded a goodwill impairment charge of $34.9 million, an $84.4 million non-cash charge to establish a valuation allowance against the Company’s U.S. and U.K. deferred tax assets and non-cash salon asset impairment charge of $4.7 million. During the third quarter of fiscal 2014, the Company recorded non-cash salon impairment of $8.9 million. During the fourth quarter of fiscal year 2013, the Company recorded a $12.6 million ($7.7 million net of tax) inventory write-down associated with the Company's implementation of standardized plan-o-grams.
[3] During the fourth quarter of fiscal year 2013, the Company recorded a $15.4 million gain, net of professional and transaction fees and taxes, associated with the disposition of Hair Club.