CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY (USD $) In Thousands, except Share data, unless otherwise specified	Total		Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income	Retained Earnings
Balance at Jun. 30, 2011	$ 1,032,619		$ 2,886	$ 341,190	$ 77,946	$ 610,597
Balance (in shares) at Jun. 30, 2011			57,710,811
Increase (Decrease) in Stockholders' Equity
Net (loss) income	(114,093)					(114,093)
Foreign currency translation adjustments	(24,254)				(24,254)
Proceeds from exercise of SARs & stock options	0		0	0
Proceeds from exercise of SARs & stock options (in shares)			60
Stock-based compensation	7,597			7,597
Shares issued through franchise stock incentive program	306		1	305
Shares issued through franchise stock incentive program (in shares)			18,844
Recognition of deferred compensation and other, net of taxes	1,422				1,422
Net restricted stock activity	(1,442)		(16)	(1,426)
Net restricted stock activity (in shares)			(314,474)
Vested stock option expirations	(723)			(723)
Minority interest	1,580					1,580
Dividends	(13,855)					(13,855)
Balance at Jun. 30, 2012	889,157		2,871	346,943	55,114	484,229
Balance (in shares) at Jun. 30, 2012			57,415,241
Increase (Decrease) in Stockholders' Equity
Net (loss) income	29,194	[1],[2],[3]				29,194
Foreign currency translation adjustments	(35,191)				(35,191)
Stock repurchase program	(14,868)		(45)	(14,823)
Stock repurchase program (in shares)			(909,175)
Proceeds from exercise of SARs & stock options	41			41
Proceeds from exercise of SARs & stock options (in shares)			3,051
Stock-based compensation	5,881			5,881
Shares issued through franchise stock incentive program	357		1	356
Shares issued through franchise stock incentive program (in shares)			19,583
Recognition of deferred compensation and other, net of taxes	633				633
Net restricted stock activity	(2,723)		5	(2,728)
Net restricted stock activity (in shares)			(102,226)
Vested stock option expirations	(1,404)			(1,404)
Minority interest	45					45
Dividends	(13,708)					(13,708)
Balance at Jun. 30, 2013	857,414		2,832	334,266	20,556	499,760
Balance (in shares) at Jun. 30, 2013	56,630,926		56,630,926
Increase (Decrease) in Stockholders' Equity
Net (loss) income	(135,727)	[1],[2],[3]				(135,727)
Foreign currency translation adjustments	1,930				1,930
Proceeds from exercise of SARs & stock options	0			0
Proceeds from exercise of SARs & stock options (in shares)			11
Stock-based compensation	6,400			6,400
Shares issued through franchise stock incentive program	290		1	289
Shares issued through franchise stock incentive program (in shares)			20,095
Recognition of deferred compensation and other, net of taxes	165				165
Net restricted stock activity	(2,603)		0	(2,603)
Net restricted stock activity (in shares)			(134)
Vested stock option expirations	(515)			(515)
Minority interest	220					220
Dividends	(6,793)					(6,793)
Balance at Jun. 30, 2014	$ 720,781		$ 2,833	$ 337,837	$ 22,651	$ 357,460
Balance (in shares) at Jun. 30, 2014	56,651,166		56,651,166

[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.