XML 64 R65.htm IDEA: XBRL DOCUMENT v2.4.0.6
Short-term Borrowings and Long-Term Debt (Details 2) (USD $)
12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2009
Sep. 30, 2012
Senior notes due 2019 and 2022
item
Sep. 30, 2012
Senior notes due 2019 and 2022
Maximum
Jun. 30, 2012
New ABL credit facility, Sally Holdings
Sep. 30, 2012
New ABL credit facility, Sally Holdings
Jun. 30, 2012
Amendment No. 1
Sep. 30, 2012
Amendment No. 1
Fiscal Year:                    
2013 $ 1,163,000                  
2014 1,147,000                  
2015 97,000                  
Thereafter 1,609,308,000                  
Total 1,611,715,000 1,406,630,000                
Capital lease obligations 5,515,000 6,485,000                
Less: current portion (1,908,000) (3,004,000)                
Total long-term debt 1,615,322,000 1,410,111,000                
Secured Leverage Ratio, threshold               4.0    
Secured Leverage Ratio               0.1    
Consolidated Coverage Ratio, threshold         2.0          
Consolidated Coverage Ratio         6.4          
Number of consecutive fiscal quarters         4          
Percentage of Sally Holdings and its subsidiaries cumulative consolidated net earnings         50.00%          
Consolidated Total Leverage Ratio, threshold         3.25          
Consolidated Total Leverage Ratio         2.5          
Cash and cash equivalents 240,220,000 63,481,000 59,494,000 54,447,000   100,000,000        
Restricted payments             30,000,000      
Minimum borrowing availability             80,000,000   40,000,000  
Percentage of borrowing base             20.00%   15.00%  
Period prior to payments of dividends and other equity distributions up to $30 million for which certain thresholds under the terms of the credit facility must be met             45 days      
Consolidated Fixed-Charge Coverage Ratio, threshold             1.2   1.1  
Consolidated Fixed-Charge Coverage Ratio, prior to Amendment No. 1             1.1   1.0  
Consolidated Fixed-Charge Coverage Ratio                   3.5
Outstanding letter of credit related to inventory purchases and self-insurance programs $ 22,200,000 $ 16,000,000