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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (98,244) $ (8,830)
Adjustments to reconcile net (loss) to net cash used in operating activities:    
Non-cash adjustments related to discontinued operations (967) (163)
Depreciation and amortization 23,635 24,727
Deferred income taxes (6,590) (6,034)
Gain from sale of company headquarters, net (2,513) 0
Loss (gain) from sale of salon assets to franchisees, net 21,760 (10,394)
Non-cash TBG mall location restructuring charge 0 20,711
Goodwill impairment 44,529 0
Salon asset impairments 3,851 3,005
Stock-based compensation 2,114 7,065
Amortization of debt discount and financing costs 206 206
Other non-cash items affecting earnings (442) (492)
Changes in operating assets and liabilities, excluding the effects of asset sales [1] (38,360) (50,074)
Net cash used in operating activities (51,021) (20,273)
Cash flows from investing activities:    
Capital expenditures (32,331) (23,160)
Proceeds from sale of assets to franchisees 87,916 54,619
Costs associated with sale of salon assets to franchisees (1,887) 0
Proceeds from company-owned life insurance policies 0 24,617
Proceeds from sale of company headquarters 8,996 0
Net cash provided by investing activities 62,694 56,076
Cash flows from financing activities:    
Borrowings on revolving credit facility 213,000 0
Repayments of revolving credit facility (30,000) 0
Repurchase of common stock (28,246) (105,364)
Taxes paid for shares withheld (1,968) (2,447)
Net proceeds from distribution center sale and leaseback transaction   18,068
Distribution center lease payments (677)  
Net cash provided by (used in) financing activities 152,109 (89,743)
Effect of exchange rate changes on cash and cash equivalents (379) 5
Increase (decrease) in cash, cash equivalents, and restricted cash 163,403 (53,935)
Cash, cash equivalents and restricted cash:    
Beginning of period 92,379 148,774
End of period $ 255,782 $ 94,839
[1] Changes in operating assets and liabilities exclude assets and liabilities sold.