Supercuts 2004 Annual Report Download - page 60

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Table of Contents
REGIS CORPORATION
CONSOLIDATED BALANCE SHEET
(Dollars in thousands, except per share amounts)
The accompanying notes are an integral part of the Consolidated Financial Statements.
48
June 30,
2004
2003
ASSETS
Current assets:
Cash and cash equivalents
$
73,567
$
55,454
Receivables, net
35,033
31,947
Inventories
161,304
156,827
Deferred income taxes
15,285
18,469
Other current assets
28,253
16,963
Total current assets
313,442
279,660
Property and equipment, net
381,903
356,725
Goodwill
457,140
372,618
Other intangibles, net
79,174
64,498
Other assets
40,200
39,454
Total assets
$
1,271,859
$
1,112,955
LIABILITIES AND SHAREHOLDERS
’
EQUITY
Current liabilities:
Long
term debt, current portion
$
19,128
$
21,123
Accounts payable
53,112
56,175
Accrued expenses
129,721
118,696
Total current liabilities
201,961
195,994
Long
-
term debt
282,015
280,634
Other noncurrent liabilities
100,322
73,523
Total liabilities
584,298
550,151
Commitments and contingencies (Notes 6 and 7)
Shareholders
equity:
Preferred stock, authorized 250,000 shares at June 30, 2004 and 2003
Common stock, $.05 par value; issued and outstanding, 44,283,949 and 43,527,244 common shares at
June 30, 2004 and 2003, respectively
2,214
2,176
Additional paid
in capital
220,204
207,650
Accumulated other comprehensive income
40,642
27,789
Retained earnings
424,501
325,189
Total shareholders
equity
687,561
562,804
Total liabilities and shareholders
equity
$
1,271,859
$
1,112,955