Supercuts 2009 Annual Report Download - page 80

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Table of Contents
REGIS CORPORATION
CONSOLIDATED BALANCE SHEET
(Dollars in thousands, except per share data)
The accompanying notes are an integral part of the Consolidated Financial Statements.
78
June 30,
2009 2008
ASSETS
Current assets:
Cash and cash equivalents
$
42,538
$
127,627
Receivables, net
44,935
37,824
Inventories
158,570
212,468
Deferred income taxes
22,086
15,954
Income tax receivable
47,164
12,512
Other current assets
37,693
38,766
Total current assets
352,986
445,151
Property and equipment, net
391,538
481,851
Goodwill
764,422
870,993
Other intangibles, net
126,961
144,291
Investment in and loans to affiliates
211,400
247,102
Other assets
45,179
46,483
Total assets
$
1,892,486
$
2,235,871
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Long
-
term debt, current portion
$
55,454
$
230,224
Accounts payable
62,394
69,693
Accrued expenses
156,638
207,605
Total current liabilities
274,486
507,522
Long
-
term debt and capital lease obligations
578,853
534,523
Other noncurrent liabilities
236,287
217,640
Total liabilities
1,089,626
1,259,685
Commitments and contingencies (Note 10)
Shareholders' equity:
Common stock, $0.05 par value; issued and outstanding, 43,881,364 and 43,070,927 common shares at June 30,
2009 and 2008, respectively
2,194
2,153
Additional paid
-
in capital
151,394
143,265
Accumulated other comprehensive income
51,855
101,973
Retained earnings
597,417
728,795
Total shareholders' equity
802,860
976,186
Total liabilities and shareholders' equity
$
1,892,486
$
2,235,871