Business Segments and Geographic Area Information (Tables)

12 Months Ended

Sep. 30, 2015

Business Segments and Geographic Area Information

Schedule of segment data

		Year Ended September 30,
		2015			2014			2013
Net sales:
Sally Beauty Supply		$	2,329,523		$	2,308,743		$	2,230,028
BSG			1,504,820			1,444,755			1,392,188
Total		$	3,834,343		$	3,753,498		$	3,622,216
Earnings before provision for income taxes:
Segment operating profit:
Sally Beauty Supply(a)		$	412,393		$	431,655		$	437,018
BSG			231,151			216,971			200,492
Segment operating profit			643,544			648,626			637,510
Unallocated expenses(b)			(131,440	)		(119,523	)		(97,947	)
Share-based compensation expense(c)			(16,778	)		(22,107	)		(19,201	)
Interest expense			(116,842	)		(116,317	)		(107,695	)
Earnings before provision for income taxes		$	378,484		$	390,679		$	412,667
Identifiable assets:
Sally Beauty Supply		$	976,152		$	959,210		$	913,395
BSG			976,169			969,674			973,764
Sub-total			1,952,321			1,928,884			1,887,159
Corporate			142,030			75,435			37,334
Total		$	2,094,351		$	2,004,319		$	1,924,493
Depreciation and amortization:
Sally Beauty Supply		$	45,572		$	41,019		$	37,077
BSG			28,678			26,782			24,964
Corporate			15,141			11,862			10,151
Total		$	89,391		$	79,663		$	72,192
Capital expenditures:(d)
Sally Beauty Supply		$	65,983		$	43,114		$	60,565
BSG			16,755			19,179			15,744
Corporate			23,794			14,521			8,570
Total		$	106,532		$	76,814		$	84,879
(a)	For the fiscal year 2015, Sally Beauty Supply's operating profit reflects $5.3 million in expenses related to a restructuring of its operations in Germany that was approved by the Board in June 2015.
(b)	Unallocated expenses consist of corporate and shared costs and are included in selling, general and administrative expenses in our consolidated statements of earnings. For the fiscal year 2015 and 2014, unallocated expenses reflect $5.6 million (net of related insurance recovery of $0.6 million) and $2.5 million, respectively, related to the data security incidents.
(c)	For the fiscal year 2014, share-based compensation expenses reflect $3.5 million in expense in connection with the executive management transition plan disclosed in May 2014. Share-based compensation expenses are included in selling, general and administrative expenses in our consolidated statements of earnings.
(d)	Capital expenditures exclude amounts incurred but not paid at September 30, 2015 of $11.6 million. At September 30, 2014 and 2013, such amounts were not material.

Schedule of geographic area information

		Year Ended September 30,
		2015		2014		2013
Net sales:(a)
United States		$	3,145,894	$	3,031,000	$	2,943,959
Other Countries			688,449		722,498		678,257
Total		$	3,834,343	$	3,753,498	$	3,622,216
Identifiable assets:
United States		$	1,460,413	$	1,405,671	$	1,356,969
Other Countries			491,908		523,213		530,190
Corporate			142,030		75,435		37,334
Total		$	2,094,351	$	2,004,319	$	1,924,493
(a)	Net sales are attributable to individual countries based on the location of the customer. For the fiscal year 2015, net sales outside the U.S. include a net negative impact from changes in foreign currency exchange rates of $87.3 million. For the fiscal years 2014 and 2013, changes in foreign currency exchange rates did not have a material impact on sales.