XML 111 R96.htm IDEA: XBRL DOCUMENT v3.20.2
Separate Financial Information of Guarantor Subsidiaries - Condensed Consolidating Statement of Earnings and Comprehensive Income (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Condensed Income Statements Captions [Line Items]                      
Net sales $ 957,812 $ 705,287 $ 871,023 $ 980,208 $ 965,937 $ 975,169 $ 945,852 $ 989,453 $ 3,514,330 $ 3,876,411 $ 3,932,565
Cost of goods sold                 1,798,736 1,965,869 1,988,152
Gross profit 489,143 321,846 429,757 474,848 479,291 482,222 468,324 480,705 1,715,594 1,910,542 1,944,413
Selling, general and administrative expenses                 1,442,809 1,452,751 1,484,209
Restructuring                 14,025 (682) 33,615
Operating earnings                 258,760 458,473 426,589
Interest expense (income)                 98,793 96,309 98,162
Earnings before provision for income taxes                 159,967 362,164 328,427
Provision (benefit) for income taxes                 46,722 90,541 70,380
Net earnings $ 70,188 $ (23,526) $ 13,368 $ 53,215 $ 69,007 $ 71,164 $ 65,725 $ 65,727 113,245 271,623 258,047
Other comprehensive income (loss), net of tax                 12,584 (27,296) (8,155)
Total comprehensive income                 125,829 244,327 249,892
Parent                      
Condensed Income Statements Captions [Line Items]                      
Selling, general and administrative expenses                 11,501 11,331 10,957
Operating earnings                 (11,501) (11,331) (10,957)
Earnings before provision for income taxes                 (11,501) (11,331) (10,957)
Provision (benefit) for income taxes                 (2,901) (2,742) (2,734)
Equity (loss) in earnings of subsidiaries, net of tax                 121,845 280,212 266,270
Net earnings                 113,245 271,623 258,047
Total comprehensive income                 113,245 271,623 258,047
Sally Holdings and Sally Capital                      
Condensed Income Statements Captions [Line Items]                      
Selling, general and administrative expenses                 753 607 1,538
Operating earnings                 (753) (607) (1,538)
Interest expense (income)                 98,998 96,464 98,332
Earnings before provision for income taxes                 (99,751) (97,071) (99,870)
Provision (benefit) for income taxes                 (25,476) (24,888) (28,787)
Equity (loss) in earnings of subsidiaries, net of tax                 196,120 352,395 337,353
Net earnings                 121,845 280,212 266,270
Other comprehensive income (loss), net of tax                 198 (4,566) 2,449
Total comprehensive income                 122,043 275,646 268,719
Guarantor Subsidiaries                      
Condensed Income Statements Captions [Line Items]                      
Net sales                 2,883,265 3,131,360 3,152,120
Related party sales                 1,761 2,201 2,294
Cost of goods sold                 1,447,705 1,568,663 1,581,385
Gross profit                 1,437,321 1,564,898 1,573,029
Selling, general and administrative expenses                 1,152,489 1,135,926 1,136,312
Restructuring                 14,025 (682) 33,615
Operating earnings                 270,807 429,654 403,102
Interest expense (income)                 (131) 5 (3)
Earnings before provision for income taxes                 270,938 429,649 403,105
Provision (benefit) for income taxes                 70,840 109,230 73,747
Equity (loss) in earnings of subsidiaries, net of tax                 (3,978) 31,976 7,995
Net earnings                 196,120 352,395 337,353
Total comprehensive income                 196,120 352,395 337,353
Non-Guarantor Subsidiaries                      
Condensed Income Statements Captions [Line Items]                      
Net sales                 631,065 745,051 780,445
Cost of goods sold                 352,792 399,407 409,061
Gross profit                 278,273 345,644 371,384
Selling, general and administrative expenses                 278,066 304,887 335,402
Operating earnings                 207 40,757 35,982
Interest expense (income)                 (74) (160) (167)
Earnings before provision for income taxes                 281 40,917 36,149
Provision (benefit) for income taxes                 4,259 8,941 28,154
Net earnings                 (3,978) 31,976 7,995
Other comprehensive income (loss), net of tax                 12,386 (22,730) (10,604)
Total comprehensive income                 8,408 9,246 (2,609)
Consolidating Eliminations                      
Condensed Income Statements Captions [Line Items]                      
Related party sales                 (1,761) (2,201) (2,294)
Cost of goods sold                 (1,761) (2,201) (2,294)
Equity (loss) in earnings of subsidiaries, net of tax                 (313,987) (664,583) (611,618)
Net earnings                 (313,987) (664,583) (611,618)
Total comprehensive income                 $ (313,987) $ (664,583) $ (611,618)