Supercuts 2007 Annual Report Download - page 110

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
109
For the Year Ended June 30, 2006
Salons
Beauty
Hair
Restoration
Unallocated
North America
International
Schools
Centers
Corporate
Consolidated
(Dollars in thousands)
Revenues:
Service
$
1,395,953
$
133,323
$
58,281
$
46,471
$
—
$
1,634,028
Product
601,332
53,796
5,671
58,143
—
718,942
Royalties and fees
39,263
33,543
—
5,088
—
77,894
2,036,548
220,662
63,952
109,702
—
2,430,864
Operating expenses:
Cost of service
806,024
71,110
24,757
26,624
—
928,515
Cost of product
316,980
32,168
4,278
17,592
—
371,018
Site operating expenses
175,039
9,755
10,272
4,536
—
199,602
General and
administrative
108,362
41,963
8,270
23,254
112,243
294,092
Rent
293,571
42,756
6,999
6,215
1,385
350,926
Depreciation and
amortization
80,011
9,348
2,610
9,908
14,026
115,903
Terminated acquisition
income, net
—
—
—
—
(
33,683
)
(33,683
)
Total operating expenses
1,779,987
207,100
57,186
88,129
93,971
2,226,373
Operating income (loss)
256,561
13,562
6,766
21,573
(93,971
)
204,491
Other income (expense):
Interest
—
—
—
—
(
34,989
)
(34,989
)
Other, net
—
—
—
—
651
651
Income (loss) before income
taxes
$
256,561
$
13,562
$
6,766
$
21,573
$
(128,309
)
$
170,153
Total assets
$
1,030,720
$
187,556
$
177,295
$
259,739
$
330,014
$
1,985,324
Long
-
lived assets
340,105
30,094
16,003
7,203
90,359
483,764
Capital expenditures
71,507
8,978
3,681
2,833
32,915
119,914
Purchases of salon assets
81,823
4,556
62,740
6,362
—
155,481