Supercuts 2012 Annual Report Download - page 14

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Table of Contents
In the preceding table, relocations represent a transfer of location by the same salon concept and conversions represent the transfer of one
concept to another concept.
12
INTERNATIONAL SALONS(1): 2012 2011 2010 2009 2008
Affiliated joint ventures(3)
—
—
—
—
(
1,587
)
Salons closed
—
—
—
—
(
40
)
Total franchise salons
—
—
—
—
—
Total, International Salons
398
400
404
444
472
TOTAL SYSTEM WIDE SALONS
Company
-
owned salons:
Open at beginning of period
7,883
7,909
7,981
8,582
8,139
Salons constructed
209
146
139
182
325
Acquired
2
27
3
94
232
Franchise buybacks
11
78
23
83
150
Less relocations
(43
)
(31
)
(33
)
(49
)
(46
)
Salon openings
179
220
132
310
661
Conversions
—
(
1
)
—
(
1
)
2
Affiliated joint ventures
—
—
—
—
(
40
)
Salons sold
—
—
—
(
655
)
—
Salons sold to franchisees
(7
)
—
—
—
—
Salons closed
(333
)
(245
)
(204
)
(255
)
(180
)
Total company
-
owned salons
7,722
7,883
7,909
7,981
8,582
Franchise salons:
Open at beginning of period
1,936
2,020
2,045
2,163
3,742
Salons constructed
110
67
78
93
179
Acquired(2)
31
—
—
—
93
Salons purchased from the Company
7
—
—
—
—
Less relocations
(6
)
(14
)
(15
)
(14
)
(12
)
Salon openings
142
53
63
79
260
Conversions
—
1
—
1
3
Franchise buybacks
(11
)
(78
)
(23
)
(83
)
(150
)
Affiliated joint ventures(3)
—
—
—
—
(
1,587
)
Salons sold
—
—
—
(
57
)
—
Salons closed
(51
)
(60
)
(65
)
(58
)
(105
)
Total franchise salons
2,016
1,936
2,020
2,045
2,163
Total Salons
9,738
9,819
9,929
10,026
10,745
(1) Canadian and Puerto Rican salons are included in the Regis Salons, MasterCuts, SmartStyle, Supercuts, and Promenade
and not included in the International salon totals.
(2) Represents primarily the acquisition of franchise networks.
(3) Represents European operating subsidiaries contributed to Franck Provost Salon Group.
(4) On February 16, 2009, the Company announced the completion of the sale of its Trade Secret retail product division. As
a result of this transaction, the Company reported the Trade Secret operations as discontinued operations for all periods
presented. Forty-three franchise salons were not included in the sale of Trade Secret to the purchaser of Trade Secret and
are not reported as discontinued operations. These franchise salons are now included in Promenade salons.