Supercuts 2010 Annual Report Download - page 25

Table of Contents
Governmental regulations surrounding franchise operations in Europe are similar to those in the United States. The Company believes it is
operating in substantial compliance with applicable laws and regulations governing all of its operations.
The Company maintains an ownership interest in EEG. Beauty schools derive a significant portion of their revenue from student financial
assistance originating from the U.S Department of Education's Title IV Higher Education Act of 1965. For the students to receive financial
assistance at the school, the beauty schools must maintain eligibility requirements established by the U.S Department of Education.
Financial Information about Foreign and North American Operations
Financial information about foreign and North American markets is incorporated herein by reference to Management's Discussion and
Analysis of Financial Condition and Results of Operations in Part II, Item 7 and segment information in Note 16 to the Consolidated Financial
Statements in Part II, Item 8 of this Form 10-K.
Available Information
The Company is subject to the informational requirements of the Securities and Exchange Act of 1934 (Exchange Act). The Company
therefore files periodic reports, proxy statements and other information with the Securities and Exchange Commission (SEC). Such reports may
be obtained by visiting the Public Reference Room of the SEC at 100 F Street NE, Washington, DC 20549, or by calling the SEC at 1-800-
SEC-0330. In addition, the SEC maintains an internet site ( http://www.sec.gov ) that contains reports, proxy and information statements and
other information regarding issuers that file electronically.
Financial and other information can be accessed in the Investor Information section of the Company's website at www.regiscorp.com
. The
Company makes available, free of charge, copies of its annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on
Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably
practicable after filing such material electronically or otherwise furnishing it to the SEC.
Item 1A. Risk Factors
The results and impact of our announcement that our Board authorized the exploration of strategic alternatives to enhance shareholder value
are uncertain and cannot be determined.
In August 2010, we announced that our Board authorized the exploration of strategic alternatives to enhance shareholder value, which
could result in, among other things, a sale of the Company. There can be no assurance that the review of strategic alternatives will result in any
agreement or transaction, or that if an agreement is executed, that a transaction will be consummated. We do not intend to disclose
developments with respect to this review (whether or not material) unless and until the Board has approved a specific course of action or
terminated the exploration of strategic alternatives. In connection with our exploration of strategic alternatives, we expect to incur expenses
associated with identifying and evaluating strategic alternatives. The process of exploring strategic alternatives may be disruptive to our
business operations and could make it more difficult to pursue acquisitions and retain personnel. The inability to effectively manage the process
and any resulting agreement or transaction could materially and adversely affect our business, financial condition or results of operations.
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