Segment Reporting (Tables)

9 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of segment data

Segment data for the three and nine months ended June 30, 2024 and 2023, is as follows (in thousands):

	Three Months Ended June 30,				Nine Months Ended June 30,
	2024		2023		2024		2023
Net sales:
SBS	$	536,536	$	534,932	$	1,573,015	$	1,614,650
BSG		405,804		396,076		1,208,988		1,192,125
Total	$	942,340	$	931,008	$	2,782,003	$	2,806,775
Earnings before provision for income taxes:
Segment operating earnings:
SBS	$	86,938	$	88,683	$	241,387	$	279,991
BSG		46,753		48,696		134,395		135,603
Segment operating earnings		133,691		137,379		375,782		415,594
Unallocated expenses		61,538		46,857		174,954		149,396
Restructuring		383		397		361		18,077
Consolidated operating earnings		71,770		90,125		200,467		248,121
Interest expense		20,707		18,654		58,544		53,262
Earnings before provision for income taxes	$	51,063	$	71,471	$	141,923	$	194,859

Schedule of disaggregation of segment revenues by merchandise category and sales channels

Disaggregation of net sales by segment

Periodically, we make minor adjustments to our product hierarchy, which impacts the roll-up of our merchandise categories. As a result, certain prior year amounts have been reclassified to conform to current year presentation. The following tables disaggregate our segment revenues by merchandise category.

	Three Months Ended June 30,						Nine Months Ended June 30,
SBS	2024			2023			2024			2023
Hair color		40.6	%		40.5	%		39.7	%		39.6	%
Hair care		24.2	%		23.8	%		24.5	%		23.8	%
Styling tools and supplies		16.2	%		17.2	%		17.1	%		18.2	%
Nail		10.5	%		10.1	%		10.2	%		10.1	%
Skin and cosmetics		8.1	%		7.9	%		8.0	%		7.6	%
Other beauty items		0.4	%		0.5	%		0.5	%		0.7	%
Total		100.0	%		100.0	%		100.0	%		100.0	%

	Three Months Ended June 30,						Nine Months Ended June 30,
BSG	2024			2023			2024			2023
Hair care		41.7	%		40.8	%		42.1	%		42.2	%
Hair color		41.8	%		41.6	%		40.9	%		40.1	%
Styling tools and supplies		10.3	%		10.6	%		10.5	%		10.7	%
Skin and cosmetics		3.4	%		4.0	%		3.7	%		4.1	%
Nail		2.5	%		2.7	%		2.4	%		2.7	%
Other beauty items		0.3	%		0.3	%		0.4	%		0.2	%
Total		100.0	%		100.0	%		100.0	%		100.0	%

The following tables disaggregate our segment revenue by sales channels:

	Three Months Ended June 30,						Nine Months Ended June 30,
SBS	2024			2023			2024			2023
Company-operated stores		93.0	%		94.1	%		93.2	%		93.8	%
E-commerce		7.0	%		5.9	%		6.8	%		6.2	%
Total		100.0	%		100.0	%		100.0	%		100.0	%

	Three Months Ended June 30,						Nine Months Ended June 30,
BSG	2024			2023			2024			2023
Company-operated stores		68.5	%		67.6	%		68.3	%		67.2	%
E-commerce		13.4	%		13.0	%		13.7	%		13.4	%
Distributor sales consultants		10.7	%		11.6	%		10.6	%		11.9	%
Franchise stores		7.4	%		7.8	%		7.4	%		7.5	%
Total		100.0	%		100.0	%		100.0	%		100.0	%