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ACQUISITIONS, INVESTMENT IN AND LOANS TO AFFILIATES: (Tables)
9 Months Ended
Mar. 31, 2012
ACQUISITIONS, INVESTMENT IN AND LOANS TO AFFILIATES:  
Schedule of components and allocation of purchase prices of acquisitions

 

 

 

 

For the Nine Months Ended
March 31,

 

Allocation of Purchase Prices

 

2012

 

2011

 

 

 

(Dollars in thousands)

 

Components of aggregate purchase prices:

 

 

 

 

 

Cash (net of cash acquired)

 

$

2,225

 

$

16,296

 

Liabilities assumed or payable

 

 

639

 

 

 

$

2,225

 

$

16,935

 

Allocation of the purchase price:

 

 

 

 

 

Current assets

 

$

314

 

$

611

 

Property and equipment

 

241

 

3,898

 

Goodwill

 

4,899

 

11,223

 

Identifiable intangible assets

 

579

 

1,934

 

Accounts payable and accrued expenses

 

(1,062

)

(489

)

Other noncurrent liabilities

 

(1,246

)

(242

)

Noncontrolling interest

 

(1,500

)

 

 

 

$

2,225

 

$

16,935

 

Schedule of carrying amount of investments in and loans to affiliates

 

 

 

 

March 31, 2012

 

June 30, 2011

 

 

 

(Dollars in thousands)

 

Empire Education Group, Inc.

 

$

87,100

 

$

104,540

 

Provalliance

 

106,720

 

149,245

 

MY Style

 

626

 

2,210

 

Hair Club for Men, Ltd.

 

5,184

 

5,145

 

 

 

$

199,630

 

$

261,140

 

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

 

 

 

 

 

 

Carrying Value at

 

 

 

Classification

 

March 31, 2012

 

June 30, 2011

 

 

 

 

 

(Dollars in thousands)

 

Investment in Provalliance

 

Investment in and loans to affiliates

 

$

106,720

 

$

149,245

 

Equity put option - Provalliance

 

Other noncurrent liabilities

 

667

 

22,700

 

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

 

 

 

 

 

 

For the Three Months Ended
March 31,

 

 

 

Classification

 

2012

 

2011

 

 

 

 

 

(Dollars in thousands)

 

Equity in (loss) income, net of income taxes

 

Equity in loss of affiliated companies, net of income taxes

 

$

(16,685

)

$

4,935

 

 

 

 

 

 

 

For the Nine Months Ended
March 31,

 

 

 

Classification

 

2012

 

2011

 

 

 

 

 

(Dollars in thousands)

 

Equity in (loss) income, net of income taxes

 

Equity in (loss) income of affiliated companies, net of income taxes

 

$

(10,244

)

$

7,991

 

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

 

 

 

 

 

 

For the Nine Months Ended
March 31,

 

 

 

Classification

 

2012

 

2011

 

 

 

 

 

(Dollars in thousands)

 

Equity in loss (income), net of income taxes

 

Equity in loss (income) of affiliated companies, net of income taxes

 

$

10,244

 

$

(7,991

)

Cash dividends received

 

Dividends received from affiliated companies

 

 

1,224