BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2011

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of activity in the allowance for doubtful accounts

	For the Years Ended June 30,
	2011			2010			2009
	(Dollars in thousands)
Beginning balance	$	3,170		$	2,382		$	1,515
Bad debt expense		853			1,040			1,089
Write-offs		(2,549	)		(252	)		(225	)
Other (primarily the impact of foreign currency fluctuations)		8			—			3
Ending balance	$	1,482		$	3,170		$	2,382

Schedule of activity within the workers' compensation self-insurance accrual

	For the Years Ended June 30,
	2011			2010			2009
	(Dollars in thousands)
Beginning balance	$	30,082		$	31,505		$	35,123
Provision for incurred losses		13,993			14,739			14,676
Prior year actuarial loss development		2,231			35			(7,715	)
Claim payments		(12,584	)		(14,867	)		(12,145	)
Other, net		(728	)		(1,330	)		1,566
Ending balance	$	32,994		$	30,082		$	31,505

Schedule of goodwill by reporting unit

Reporting Unit	As of June 30, 2011		As of June 30, 2010
	(Dollars in thousands)
Regis	$	103,761	$	102,180
MasterCuts		4,652		4,652
SmartStyle		48,916		48,280
Supercuts		129,477		121,693
Promenade		240,910		309,804
Total North America Salons		527,716		586,609
Hair Restoration Centers		152,796		150,380
Consolidated Goodwill	$	680,512	$	736,989

Schedule of long-lived asset impairment charges

	For the Years Ended June 30,
	2011		2010		2009
	(Dollars in thousands
North American salons	$	6,115	$	6,253	$	4,309
International salons		394		175		5,892
Hair restoration centers		172		—		—
Total	$	6,681	$	6,428	$	10,201

Schedule of advertising costs

	For the Years Ended June 30,
Breakout of Advertising Costs	2011		2010		2009
Advertising costs included in continuing operations	$	63,275	$	54,850	$	56,926
Advertising costs included in discontinued operations		—		—		4,451
Total advertising costs	$	63,275	$	54,850	$	61,377

Schedule of components of accumulated other comprehensive income

	2011			2010			2009
	(Dollars in thousands)
Accumulated Other Comprehensive Income, balance at July 1	$	47,032		$	51,855		$	101,973
Cumulative translation adjustment:
Balance at July 1		57,991			63,407			111,073
Pre-tax amount		30,405			(5,416	)		(47,666	)
Tax effect		—			—			—
Net of tax amount		30,405			(5,416	)		(47,666	)
Balance at June 30		88,396			57,991			63,407
Changes in fair market value of financial instruments designated as cash flow hedges:
Balance at July 1		(8,436	)		(10,903	)		(8,791	)
Pre-tax amount		218			3,949			(3,421	)
Tax effect		(86	)		(1,482	)		1,309
Net of tax amount		132			2,467			(2,112	)
Balance at June 30		(8,304	)		(8,436	)		(10,903	)
Recognition of deferred compensation:
Balance at July 1		(2,523	)		(649	)		(309	)
Pre-tax amount		609			3,184			(514	)
Tax effect		(232	)		(1,310	)		174
Net of tax amount		377			(1,874	)		(340	)
Balance at June 30		(2,146	)		(2,523	)		(649	)
Accumulated Other Comprehensive Income, balance at June 30	$	77,946		$	47,032		$	51,855