BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2012

BUSINESS DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of activity in the allowance for doubtful accounts

	For the Years Ended June 30,
	2012			2011			2010
	(Dollars in thousands)
Beginning balance	$	1,482		$	3,170		$	2,382
Bad debt expense		454			853			1,040
Write-offs		(714	)		(2,549	)		(252	)
Other (primarily the impact of foreign currency fluctuations)		10			8			—
Ending balance	$	1,232		$	1,482		$	3,170

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

	For the Years Ended June 30,
	2012			2011			2010
	(Dollars in thousands)
Beginning balance	$	32,994		$	30,082		$	31,505
Provision for incurred losses		14,133			13,993			14,739
Prior year actuarial loss development		1,221			2,231			35
Claim payments		(14,140	)		(12,584	)		(14,867	)
Other, net		415			(728	)		(1,330	)
Ending balance	$	34,623		$	32,994		$	30,082

Schedule of goodwill by reporting unit

Reporting Unit	June 30, 2012		June 30, 2011
	(Dollars in thousands)
Regis	$	34,992	$	103,761
MasterCuts		4,652		4,652
SmartStyle		49,476		48,916
Supercuts		129,621		129,477
Promenade		243,538		240,910
Total North America Salons		462,279		527,716
Hair Restoration Centers		74,376		152,796
Consolidated Goodwill	$	536,655	$	680,512

Schedule of long-lived asset impairment charges

	For the Years Ended June 30,
	2012		2011		2010
	(Dollars in thousands)
North American salons	$	6,066	$	6,115	$	6,253
International salons		570		394		175
Hair restoration centers		—		172		—
Total	$	6,636	$	6,681	$	6,428

Schedule of components of accumulated other comprehensive income

	2012			2011			2010
	(Dollars in thousands)
Accumulated Other Comprehensive Income, balance at July 1	$	77,946		$	47,032		$	51,855
Cumulative translation adjustment:
Balance at July 1		87,814			57,409			62,825
Pre-tax amount		(24,254	)		30,405			(5,416	)
Tax effect		—			—			—
Net of tax amount		(24,254	)		30,405			(5,416	)
Balance at June 30		63,560			87,814			57,409
Unrecognized loss on net investment hedge:
Balance at July 1		(7,932	)		(7,932	)		(7,932	)
Pre-tax amount		—			—			—
Tax effect		—			—			—
Net of tax amount		—			—			—
Balance at June 30		(7,932	)		(7,932	)		(7,932	)
Changes in fair market value of financial instruments designated as cash flow hedges:
Balance at July 1		(372	)		(504	)		(2,971	)
Pre-tax amount		603			218			3,949
Tax effect		(210	)		(86	)		(1,482	)
Net of tax amount		393			132			2,467
Balance at June 30		21			(372	)		(504	)
Recognition of deferred compensation:
Balance at July 1		(1,564	)		(1,941	)		(67	)
Pre-tax amount		1,673			609			(3,184	)
Tax effect		(644	)		(232	)		1,310
Net of tax amount		1,029			377			(1,874	)
Balance at June 30		(535	)		(1,564	)		(1,941	)
Accumulated Other Comprehensive Income, balance at June 30	$	55,114		$	77,946		$	47,032