Sally Beauty Supply 2011 Annual Report Download - page 46

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ITEM 3. LEGAL PROCEEDINGS
There were no material legal proceedings pending against us or our subsidiaries as of September 30, 2011.
We are involved in various claims and lawsuits incidental to the conduct of our business in the ordinary
course. We carry insurance coverage in such amounts in excess of our self-insured retention as we believe
to be reasonable under the circumstances and that may or may not cover any or all of our liabilities in
respect of claims and lawsuits. We do not believe that the ultimate resolution of these matters will have a
material adverse impact on our consolidated financial position, cash flows or results of operations.
We are subject to a number of U.S., federal, state and local laws and regulations, as well as the laws and
regulations applicable in each foreign country or jurisdiction in which we do business. These laws and
regulations govern, among other things, the composition, packaging, labeling and safety of the products we
sell, the methods we use to sell these products and the methods we use to import these products. We
believe that we are in material compliance with such laws and regulations, although no assurance can be
provided that this will remain true going forward.
ITEM 4. REMOVED AND RESERVED
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