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ACQUISITIONS, INVESTMENT IN AND LOANS TO AFFILIATES: (Tables)
6 Months Ended
Dec. 31, 2011
ACQUISITIONS, INVESTMENT IN AND LOANS TO AFFILIATES:  
Schedule of components and allocation of purchase prices of acquisitions

 

 

 

 

For the Six Months Ended
December 31,

 

Allocation of Purchase Prices

 

2011

 

2010

 

 

 

(Dollars in thousands)

 

Components of aggregate purchase prices:

 

 

 

 

 

Cash (net of cash acquired)

 

$

2,225

 

$

8,106

 

Liabilities assumed or payable

 

 

154

 

 

 

$

2,225

 

$

8,260

 

Allocation of the purchase price:

 

 

 

 

 

Current assets

 

$

314

 

$

470

 

Property and equipment

 

241

 

2,424

 

Goodwill

 

4,966

 

5,146

 

Identifiable intangible assets

 

579

 

649

 

Accounts payable and accrued expenses

 

(1,062

)

(356

)

Other noncurrent liabilities

 

(1,313

)

(73

)

Noncontrolling interest

 

(1,500

)

 

 

 

$

2,225

 

$

8,260

Schedule of carrying amount of investments in and loans to affiliates

 

 

 

 

December 31, 2011

 

June 30, 2011

 

 

 

(Dollars in thousands)

 

Empire Education Group, Inc.

 

$

106,361

 

$

104,540

 

Provalliance

 

139,374

 

149,245

 

MY Style

 

676

 

2,210

 

Hair Club for Men, Ltd.

 

5,162

 

5,145

 

 

 

$

251,573

 

$

261,140

Schedule of impact of investment in Provalliance on condensed consolidated balance sheet

 

 

 

 

 

 

Carrying Value at

 

 

 

Classification

 

December 31, 2011

 

June 30, 2011

 

 

 

 

 

(Dollars in thousands)

 

Investment in Provalliance

 

Investment in and loans to affiliates

 

$

139,374

 

$

149,245

 

Equity put option - Provalliance

 

Other noncurrent liabilities

 

20,443

 

22,700

Schedule of impact of investment in Provalliance on condensed consolidated statement of operations

 

 

 

 

 

 

For the Three Months Ended
December 31,

 

 

 

Classification

 

2011

 

2010

 

 

 

 

 

 

(Dollars in thousands)

 

Equity in income, net of income taxes

 

Equity in income of affiliated companies, net of income taxes

 

$

3,579

 

$

1,676

 

 

 

 

 

 

 

For the Six Months Ended
December 31,

 

 

 

Classification

 

2011

 

2010

 

 

 

 

 

 

(Dollars in thousands)

 

Equity in income, net of income taxes

 

Equity in income of affiliated companies, net of income taxes

 

$

6,441

 

$

3,055

Schedule of impact of investment in Provalliance on condensed consolidated statement of cash flows

 

 

 

 

 

 

For the Six Months Ended
December 31,

 

 

 

Classification

 

2011

 

2010

 

 

 

 

 

 

(Dollars in thousands)

 

Equity in income, net of income taxes

 

Equity in income of affiliated companies, net of income taxes

 

$

(6,441

)

$

(3,055

)

Cash dividends received

 

Dividends received from affiliated companies

 

 

1,224