Supercuts 2008 Annual Report Download - page 71

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REGIS CORPORATION
CONSOLIDATED BALANCE SHEET
(Dollars in thousands, except per share data)
The accompanying notes are an integral part of the Consolidated Financial Statements.
69
June 30,
2008
2007
ASSETS
Current assets:
Cash and cash equivalents
$
127,627
$
184,785
Receivables, net
37,824
67,773
Inventories
212,468
196,582
Deferred income taxes
15,954
18,775
Other current assets
51,278
57,149
Total current assets
445,151
525,064
Property and equipment, net
481,851
494,085
Goodwill
870,993
812,383
Other intangibles, net
144,291
213,452
Investment in affiliates
203,706
20,213
Other assets
89,879
66,917
Total assets
$
2,235,871
$
2,132,114
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Long
-
term debt, current portion
$
230,224
$
223,352
Accounts payable
69,693
74,532
Accrued expenses
207,605
240,748
Total current liabilities
507,522
538,632
Long
-
term debt and capital lease obligations
534,523
485,879
Other noncurrent liabilities
217,640
194,295
Total liabilities
1,259,685
1,218,806
Commitments and contingencies (Note 6)
Shareholders' equity:
Common stock, $0.05 par value; issued and outstanding, 43,070,927 and 44,164,645 common shares at June 30,
2008 and 2007, respectively
2,153
2,209
Additional paid
-
in capital
143,265
178,029
Accumulated other comprehensive income
101,973
78,278
Retained earnings
728,795
654,792
Total shareholders' equity
976,186
913,308
Total liabilities and shareholders' equity
$
2,235,871
$
2,132,114