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Table of Contents
REGIS CORPORATION
CONSOLIDATED STATEMENT OF CHANGES
IN SHAREHOLDERS' EQUITY AND COMPREHENSIVE INCOME
(Dollars in thousands, except per share data)
Common Stock
Accumulated
Other
Comprehensive
Income
Additional
Paid-In
Capital
Retained
Earnings
Comprehensive
Income
Shares
Amount
Total
Balance, June 30,
2008
43,070,927
$
2,153
$
143,265
$
101,973
$
728,795
$
976,186
$
108,899
Net loss
(124,466
)
(124,466
)
(124,466
)
Foreign currency
translation
adjustments
(47,666
)
(47,666
)
(47,666
)
Changes in fair market
value of financial
instruments
designated as cash
flow hedges, net of
taxes
(2,112
)
(2,112
)
(2,112
)
Proceeds from
exercise of stock
options
234,523
12
3,882
3,894
Stock-based
compensation
7,525
7,525
Shares issued through
franchise stock
incentive program
13,808
—
378
378
Recognition of
deferred
compensation and
other, net of taxes
(Note 14)
(340
)
(340
)
(340
)
Tax benefit realized
upon exercise of
stock options
712
712
Issuance of restricted
stock
617,550
31
(31
)
—
Restricted stock
forfeitures
(28,119
)
(1
)
1
—
Taxes related to
restricted stock
(27,325
)
(1
)
(490
)
(491
)
Dividends
(6,912
)
(6,912
)
Equity issuance costs
(243
)
(243
)
Adjustment to stock
option tax benefit
(3,605
)
(3,605
)
Balance, June 30,
2009
43,881,364
2,194
151,394
51,855
597,417
802,860
(174,584
)
Net income
42,740
42,740
42,740
Foreign currency
translation
adjustments
(5,416
)
(5,416
)
(5,416
)
Changes in fair market
value of financial
instruments
designated as cash
flow hedges, net of
taxes
2,467
2,467
2,467
Issuance of common
stock
13,225,000
661
162,932
163,593
Equity component of
convertible debt, net
of taxes
15,245
15,245
Proceeds from
exercise of stock
options
202,700
10
3,055
3,065
Stock-based
compensation
9,337
9,337
Shares issued through
franchise stock
incentive program
16,053
1
290
291
Recognition of
deferred
compensation and
other, net of taxes
(Note 14)
(1,874
)
(1,874
)
(1,874
)
Tax benefit realized
upon exercise of