Sally Beauty Supply 2011 Annual Report Download - page 134

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Sally Beauty Holdings, Inc. and Subsidiaries
Notes to Consolidated Financial Statements (Continued)
Fiscal Years ended September 30, 2011, 2010 and 2009
The tables below present the fair value of the Company’s derivative financial instruments as well as their
classification on the consolidated balance sheet as of September 30, 2011 and 2010 (in thousands):
Tabular Disclosure of Fair Values of Derivative Instruments
Asset Derivatives Liability Derivatives
As of September 30, 2011 As of September 30, 2011
Balance Sheet Balance Sheet
Location Fair Value Location Fair Value
Derivatives designated as hedging
instruments:
Interest Rate Swaps .......... Other assets $ — Accrued liabilities $6,450
Total derivatives designated as
hedging instruments .......... $ — $6,450
Derivatives not designated as
hedging instruments:
Foreign Currency Collars and
Forwards ................. Prepaid expenses $1,104 Accrued liabilities $ 528
Total derivatives not designated as
hedging instruments .......... $1,104 $ 528
Tabular Disclosure of Fair Values of Derivative Instruments
Asset Derivatives Liability Derivatives
As of September 30, 2010 As of September 30, 2010
Balance Sheet Balance Sheet
Location Fair Value Location Fair Value
Derivatives designated as hedging
instruments:
Interest Rate Swaps ........... Other assets $ — Other liabilities $15,530
Total derivatives designated as
hedging instruments ........... $ — $15,530
Derivatives not designated as hedging
instruments:
Foreign Currency Options and
Forwards ................. Prepaid expenses $119 Accrued liabilities $ 328
Total derivatives not designated as
hedging instruments ........... $119 $ 328
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