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GOODWILL AND OTHER INTANGIBLES: (Tables)
3 Months Ended
Sep. 30, 2012
GOODWILL AND OTHER INTANGIBLES:  
Schedule of goodwill

 

 

 

Salons

 

 

 

 

 

North America

 

International

 

Consolidated

 

 

 

(Dollars in thousands)

 

Gross goodwill at June 30, 2012

 

$

717,466

 

$

41,661

 

$

759,127

 

Accumulated impairment losses

 

(255,187

)

(41,661

)

(296,848

)

Net goodwill at June 30, 2012

 

462,279

 

 

462,279

 

Goodwill acquired

 

 

 

 

Translation rate adjustments

 

1,638

 

 

1,638

 

Gross goodwill at September 30, 2012

 

719,104

 

41,661

 

760,765

 

Accumulated impairment losses

 

(255,187

)

(41,661

)

(296,848

)

Net goodwill at September 30, 2012

 

$

463,917

 

$

 

$

463,917

 

 

Schedule of other intangible assets

 

 

 

September 30, 2012

 

June 30, 2012

 

 

 

 

 

Accumulated

 

 

 

 

 

Accumulated

 

 

 

 

 

Cost

 

Amortization (1)

 

Net

 

Cost

 

Amortization (1)

 

Net

 

 

 

(Dollars in thousands)

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Brand assets and trade names

 

$

9,710

 

$

(3,108

)

$

6,602

 

$

9,494

 

$

(2,960

)

$

6,534

 

Franchise agreements

 

11,646

 

(6,748

)

4,898

 

11,398

 

(6,494

)

4,904

 

Lease intangibles

 

14,844

 

(6,069

)

8,775

 

14,796

 

(5,862

)

8,934

 

Non-compete agreements

 

213

 

(130

)

83

 

207

 

(117

)

90

 

Other

 

4,695

 

(1,678

)

3,017

 

4,533

 

(1,600

)

2,933

 

 

 

$

41,108

 

$

(17,733

)

$

23,375

 

$

40,428

 

$

(17,033

)

$

23,395

 

 

 

(1)     Balance sheet accounts are converted at the applicable exchange rates effective as of the reported balance sheet dates, while income statement accounts are converted at the average exchange rates for the year-to-date periods presented.

Schedule of weighted average amortization periods of intangible assets

 

 

 

Weighted Average Amortization Period

 

 

 

September 30,
2012

 

June 30,
2012

 

 

 

(In years)

 

Amortized intangible assets:

 

 

 

 

 

Brand assets and trade names

 

33

 

33

 

Franchise agreements

 

19

 

19

 

Lease intangibles

 

20

 

20

 

Non-compete agreements

 

6

 

6

 

Other

 

21

 

21

 

Weighted average amortization period

 

23

 

23

 

 

Schedule of future estimated amortization expense related to amortizable intangible assets

 

Fiscal Year

 

(Dollars in
thousands)

 

2013 (Remainder: nine-month period)

 

$

1,333

 

2014

 

1,946

 

2015

 

1,923

 

2016

 

1,891

 

2017

 

1,889