XML 18 R6.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (165,819) $ (172,576)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 28,922 28,831
Provision for credit losses 975 1,024
Deferred taxes 17,800 19,006
Stock-based compensation 6,173 8,727
Changes in assets and liabilities, net of acquisitions:    
Receivables 262 1,029
Prepaid expenses, other current and noncurrent assets 7,530 8,836
Accounts payable, accrued expenses, salaries, wages and payroll taxes (59,094) (66,017)
Deferred revenue, other current and noncurrent liabilities (46,118) (27,025)
Income tax receivables, accrued income taxes and income tax reserves (147,233) (129,397)
Other, net (236) (1,019)
Net cash used in operating activities (356,838) (328,581)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (13,188) (18,735)
Payments made for business acquisitions, net of cash acquired (5,069) (5,901)
Franchise loans funded (3,667) (7,109)
Payments from franchisees 731 211
Other, net 267 5,140
Net cash used in investing activities (20,926) (26,394)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Long-Term Lines of Credit 245,000 0
Dividends paid (50,208) (44,653)
Repurchase of common stock, including shares surrendered (412,415) (238,376)
Other, net (4,382) (1,421)
Net cash used in financing activities (225,025) (284,450)
Effects of exchange rate changes on cash (2,949) 3,249
Net decrease in cash and cash equivalents, including restricted balances (605,738) (636,176)
Cash, cash equivalents and restricted cash, beginning of period 1,003,139 1,075,193
Cash, cash equivalents and restricted cash, end of period 397,401 439,017
SUPPLEMENTARY CASH FLOW DATA:    
Income taxes paid, net (includes payments for purchased investment tax credits) 78,339 48,343
Interest paid on borrowings 28,471 19,792
Accrued additions to property and equipment 7,734 6,341
New operating right of use assets and related lease liabilities 37,885 21,861
Accrued dividends payable to common shareholders 54,343 52,307
Repayments of senior debt 350,000 0
Proceeds from issuance of long-term debt 346,980 0
Accrued Purchase Of Common Stock $ 0 $ 7,131