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Regis (RGS) Gross Property, Plant and Equipment : $337.1 Mil (As of Dec. 2023)


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What is Regis Gross Property, Plant and Equipment?

Regis's quarterly gross PPE declined from Jun. 2023 ($396.3 Mil) to Sep. 2023 ($343.8 Mil) and declined from Sep. 2023 ($343.8 Mil) to Dec. 2023 ($337.1 Mil).

Regis's annual gross PPE stayed the same from Jun. 2021 ($682.3 Mil) to Jun. 2022 ($551.1 Mil) but then declined from Jun. 2022 ($551.1 Mil) to Jun. 2023 ($396.3 Mil).


Regis Gross Property, Plant and Equipment Historical Data

The historical data trend for Regis's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Regis Gross Property, Plant and Equipment Chart

Regis Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 406.19 1,092.79 682.28 551.06 396.28

Regis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 439.67 399.38 396.28 343.82 337.07

Regis Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Regis  (NAS:RGS) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Regis Gross Property, Plant and Equipment Related Terms

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Regis (RGS) Business Description

Industry
Traded in Other Exchanges
Address
3701 Wayzata Boulevard, Suite 500, Minneapolis, MN, USA, 55416
Regis Corp owns, franchises, and operates beauty salons throughout North America and the United Kingdom. The company's locations provide salon products and services to the mass market, including haircutting, styling, and hair coloring. The vast majority of Regis' salons are in strip malls, shopping centers, and Wal-Mart stores in North America and serve price-conscious customers. The company derives the majority of its revenue from these locations. The sale of products also contributes a relatively significant percentage of total sales. Regis also operates a smaller portfolio of premium salons across North America and the U.K. The company's majority brands include SmartStyle, Cost Cutters, and Supercuts.
Executives
Nancy Cunningham Benacci director PO BOX 145496, CINCINNATI OH 45250
Devore Michelle St. Lawrence officer: SVP, Marketing 6119 BRANDEIS LANE, DALLAS TX 75214
Andra Jean Terrell officer: SVP, General Counsel 4922 MARLOS DRIVE NE, MARIETTA GA 30066
James Raymon Suarez officer: SVP Merchandising & Education 9043 VICTORIA DRIVE, EDEN PRAIRIE MN 55347
Michael Joseph Mansbach director 4051 BROAD STREET, SUITE 220, SAN LUIS OBISPO CA 93401
Lockie Andrews director 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
John C. Davi officer: EVP, Chief Technology Officer 3701 WAYZATA BLVD, MINNEAPOLIS MN 55416
Springhill Investments Llc 10 percent owner ONE TOWNE SQUARE, SUITE 1600, SOUTHFIELD MI 48076
James Grosfeld 10 percent owner C/O MERRILL LYNCH ASSET MANAGEMENT, 800 SCUDDERS MILL RD LEGAL ADVISORY 2-B, PLAINSBORO NJ 08536
James Grosfeld Trust 10 percent owner ONE TOWNE SQUARE, SUITE 1600, SOUTHFIELD MI 48076
New Walnut Gp Llc 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Torch Brc, Lp 10 percent owner 405 LEXINGTON AVENUE, SUITE 839, SUITE 2215, NEW YORK NY 10174
Walnut Brc, L.p. 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Jim Brian Lain officer: EVP & Chief Operating Officer 7201 METRO BOULEVARD, MINNEAPOLIS MN 55439
Michael Heath Ferranti officer: SVP, People and Culture 16011 RANCHITA DRIVE, DALLAS TX 75252