Sally Beauty Supply 2007 Annual Report Download - page 89

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SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES
Consolidated Statements of Stockholder's (Deficit) Equity
Years ended September 30, 2007, 2006, and 2005
(In thousands)
Number of
Shares
Dollars
Common
Stock
Outstanding
Common
Stock
Outstanding
Additional
Paid-in
Capital
Retained
(Deficit)
Earnings
Accumulated
Other
Comprehensive
Income
Total
Stockholders'
(Deficit)
Equity
Balance at September 30, 2004 1 $ — $ 58,584 $ 718,355 $ 9,224 $ 786,163
Net earnings — — — 116,461 — 116,461
Foreign currency translation — — — — 4,208 4,208
Total comprehensive income — — — 116,461 4,208 120,669
Capital contribution related to Alberto-Culver's
conversion to one class of common stock — — 4,051 — — 4,051
Tax benefit from exercises of Alberto-Culver stock
options — — 1,249 — — 1,249
Distributions to Alberto-Culver — — — (11,836) — (11,836)
Balance at September 30, 2005 1 — 63,884 822,980 13,432 900,296
Net earnings — — — 110,193 — 110,193
Foreign currency translation — — — — 2,851 2,851
Total comprehensive income — — — 110,193 2,851 113,044
Tax benefit from exercises of Alberto-Culver stock
options — — 630 — — 630
Distributions to Alberto-Culver — — — (5,661) — (5,661)
Vesting of share-based compensation — — 5,186 — — 5,186
Stock options subject to redemptions — — (7,528) — — (7,528)
Balance at September 30, 2006 1 — 62,172 927,512 16,283 1,005,967
Net earnings — — — 44,492 — 44,492
Foreign currency translation — — — — 18,239 18,239
Total comprehensive income — — — 44,492 18,239 62,731
Adjustment to stockholder contribution — — 1,067 — — 1,067
Retirement of common stock (1) — (1) 1 — —
Distributions to Alberto-Culver — — — (44,411) — (44,411)
Stock issued in connection with separation
including equity contribution 180,050 1,801 573,199 — — 575,000
Equity issuance costs — — (42,378) — — (42,378)
Special cash dividend — — — (2,342,148) — (2,342,148)
Vesting of share-based compensation — — 13,065 — — 13,065
Stock issued for stock options 859 8 3,389 — — 3,397
Balance at September 30, 2007 180,909 $ 1,809 $ 610,513 $ (1,414,554) $ 34,522 $ (767,710)
See accompanying notes to consolidated financial statements.
F-7
Source: Sally Beauty Holding, 10-K, November 29, 2007