Supercuts 2007 Annual Report Download - page 71

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REGIS CORPORATION
CONSOLIDATED BALANCE SHEET
(Dollars in thousands, except per share data)
The accompanying notes are an integral part of the Consolidated Financial Statements.
70
June 30,
2007
2006
ASSETS
Current assets:
Cash and cash equivalents
$
184,785
$
135,397
Receivables, net
67,773
62,558
Inventories
196,582
193,999
Deferred income taxes
18,775
16,224
Other current assets
57,149
36,848
Total current assets
525,064
445,026
Property and equipment, net
494,085
483,764
Goodwill
812,383
778,228
Other intangibles, net
213,452
216,831
Other assets
87,130
61,475
Total assets
$
2,132,114
$
1,985,324
LIABILITIES AND SHAREHOLDERS
’
EQUITY
Current liabilities:
Long
-
term debt, current portion
$
223,352
$
101,912
Accounts payable
74,532
70,807
Accrued expenses
240,748
233,496
Total current liabilities
538,632
406,215
Long
-
term debt and capital lease obligations
485,879
520,357
Other noncurrent liabilities
194,295
187,345
Total liabilities
1,218,806
1,113,917
Shareholders
’
equity:
Common stock, $0.05 par value; issued and outstanding, 44,164,645 and
45,303,459 common shares at June 30, 2007 and 2006, respectively
2,209
2,266
Additional paid
-
in capital
178,029
232,284
Accumulated other comprehensive income
78,278
58,066
Retained earnings
654,792
578,791
Total shareholders’ equity
913,308
871,407
Total liabilities and shareholders’ equity
$
2,132,114
$
1,985,324