Supercuts 2010 Annual Report Download - page 123
Download and view the complete annual report
Please find page 123 of the 2010 Supercuts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
 |
 |
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
9. DERIVATIVE FINANCIAL INSTRUMENTS (Continued)
The Company had the following derivative instruments in its Consolidated Balance Sheet as of June 30, 2010 and 2009:
The table below sets forth the (gain) or loss on the Company's derivative instruments as of June 30, 2010 and 2009 recorded within
accumulated other comprehensive income (AOCI) in the Consolidated Balance Sheet. The table also sets forth the (gain) or loss on the
Company's derivative instruments that has been reclassified from AOCI into current earnings during the years ended June 30, 2010 and 2009
within the following line items in the Consolidated Statement of Operations.
119
Asset Liability
Fair Value
Fair Value
Type
Classification June 30,
2010 June 30,
2009 Classification June 30,
2010 June 30,
2009
(In thousands)
(In thousands)
Designated as
hedging
instruments—
Cash Flow
Hedges:
Interest rate
swaps
—
$
—
$
—
Other noncurrent
liabilities
$
(1,039
)
$
(5,786
)
Forward foreign
currency
contracts
Other current
assets
$
274
$
380
Other current
liabilities
$
—
$
—
Freestanding
derivative
contracts—
not designated
as hedging
instruments:
Forward foreign
currency
contracts
Other current
assets
$
—
$
1,163
Other current
liabilities
$
(401
)
$
(16
)
Total
$
274
$
1,543
$
(1,440
)
$
(5,802
)
Other
Comprehensive
Income (Gain)/Loss
as of June 30,
(Gain)/Loss Reclassified from
Accumulated OCI into
Income (Loss) at June 30,
Type
2010 2009 Classification 2010 2009
(In thousands)
(In thousands)
Designated as hedging
instruments—Cash Flow Hedges:
Interest rate swaps
$
637
$
3,605
—
$
—
$
—
Forward foreign currency contracts
(133
)
(392
)
Cost of sales
(261
)
(142
)
Treasury lock contracts
—
(
242
)
Interest income
—
(
24
)
Total
$
504
$
2,971
$
(261
)
$
(166
)
Designated as hedging
instruments—Fair Value Hedges:
Cross
-
currency swap
$
7,932
$
7,932
—
$
—
$
—
Total
$
8,436
$
10,903
$
(261
)
$
(166
)