XML 31 R45.htm IDEA: XBRL DOCUMENT v2.4.1.9
Parent, Issuers, Guarantor and Non-Guarantor Condensed Consolidated Financial Statements (Details 3) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Condensed Consolidating Statement of Cash Flows    
Net cash (used) provided by operating activities $ 174,452us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $ 158,900us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash Flows from Investing Activities:    
Capital expenditures, net of proceeds from sale of property and equipment (37,337)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (30,343)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Acquisitions, net of cash acquired (2,028)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired  
Net cash used by investing activities (39,365)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (30,343)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash Flows from Financing Activities:    
Proceeds from issuances of long-term debt 983us-gaap_ProceedsFromIssuanceOfLongTermDebt 232,719us-gaap_ProceedsFromIssuanceOfLongTermDebt
Repayments of long-term debt (1,396)us-gaap_RepaymentsOfLongTermDebt (109,549)us-gaap_RepaymentsOfLongTermDebt
Debt issuance costs   (3,893)us-gaap_PaymentsOfDebtIssuanceCosts
Repurchases of common stock (67,524)us-gaap_PaymentsForRepurchaseOfCommonStock (125,644)us-gaap_PaymentsForRepurchaseOfCommonStock
Proceeds from exercises of stock options 51,765us-gaap_ProceedsFromStockOptionsExercised 21,389us-gaap_ProceedsFromStockOptionsExercised
Excess tax benefit from share-based compensation 22,567us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 11,682us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net cash provided by financing activities 6,395us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 26,704us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of foreign exchange rate changes on cash and cash equivalents (2,030)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations 75us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
Net increase (decrease) in cash and cash equivalents 139,452us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 155,336us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 106,575us-gaap_CashAndCashEquivalentsAtCarryingValue 47,115us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 246,027us-gaap_CashAndCashEquivalentsAtCarryingValue 202,451us-gaap_CashAndCashEquivalentsAtCarryingValue
Reportable Legal Entities | Parent    
Condensed Consolidating Statement of Cash Flows    
Net cash (used) provided by operating activities (6,807)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
92,573us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash Flows from Investing Activities:    
Capital expenditures, net of proceeds from sale of property and equipment (1)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Net cash used by investing activities (1)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Cash Flows from Financing Activities:    
Repurchases of common stock (67,524)us-gaap_PaymentsForRepurchaseOfCommonStock
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(125,644)us-gaap_PaymentsForRepurchaseOfCommonStock
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Proceeds from exercises of stock options 51,765us-gaap_ProceedsFromStockOptionsExercised
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
21,389us-gaap_ProceedsFromStockOptionsExercised
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Excess tax benefit from share-based compensation 22,567us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
11,682us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash provided by financing activities 6,808us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(92,573)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Reportable Legal Entities | Sally Holdings LLC and Sally Capital Inc.    
Condensed Consolidating Statement of Cash Flows    
Net cash (used) provided by operating activities 121,503us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
5,397us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
Cash Flows from Financing Activities:    
Proceeds from issuances of long-term debt   232,500us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
Repayments of long-term debt   (108,500)us-gaap_RepaymentsOfLongTermDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
Debt issuance costs   (3,893)us-gaap_PaymentsOfDebtIssuanceCosts
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
Net cash provided by financing activities   120,107us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
Net increase (decrease) in cash and cash equivalents 121,503us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
125,504us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
Cash and cash equivalents, beginning of period 27,000us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
 
Cash and cash equivalents, end of period 148,503us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
125,504us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= sbh_SallyHoldingsAndSallyCapitalMember
Reportable Legal Entities | Guarantor Subsidiaries    
Condensed Consolidating Statement of Cash Flows    
Net cash (used) provided by operating activities 54,036us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
41,125us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Cash Flows from Investing Activities:    
Capital expenditures, net of proceeds from sale of property and equipment (25,027)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(18,723)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Acquisitions, net of cash acquired (2,028)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
 
Net cash used by investing activities (27,055)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(18,723)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Cash Flows from Financing Activities:    
Proceeds from issuances of long-term debt 14us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
219us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Repayments of long-term debt (89)us-gaap_RepaymentsOfLongTermDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
(78)us-gaap_RepaymentsOfLongTermDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Net cash provided by financing activities (75)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
141us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Net increase (decrease) in cash and cash equivalents 26,906us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
22,543us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Cash and cash equivalents, beginning of period 40,042us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
16,337us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Cash and cash equivalents, end of period 66,948us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
38,880us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_GuarantorSubsidiariesMember
Reportable Legal Entities | Non-Guarantor Subsidiaries    
Condensed Consolidating Statement of Cash Flows    
Net cash (used) provided by operating activities 5,720us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
19,805us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Cash Flows from Investing Activities:    
Capital expenditures, net of proceeds from sale of property and equipment (12,309)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(11,620)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Net cash used by investing activities (12,309)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(11,620)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Cash Flows from Financing Activities:    
Proceeds from issuances of long-term debt 969us-gaap_ProceedsFromIssuanceOfLongTermDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
 
Repayments of long-term debt (1,307)us-gaap_RepaymentsOfLongTermDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(971)us-gaap_RepaymentsOfLongTermDebt
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Net cash provided by financing activities (338)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
(971)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Effect of foreign exchange rate changes on cash and cash equivalents (2,030)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
75us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Net increase (decrease) in cash and cash equivalents (8,957)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
7,289us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Cash and cash equivalents, beginning of period 39,533us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
30,778us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
Cash and cash equivalents, end of period $ 30,576us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember
$ 38,067us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_ConsolidationItemsAxis
= us-gaap_ReportableLegalEntitiesMember
/ dei_LegalEntityAxis
= us-gaap_NonGuarantorSubsidiariesMember