Sally Beauty Supply 2013 Annual Report Download - page 147

Download and view the complete annual report

Please find page 147 of the 2013 Sally Beauty Supply annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 156

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

Sally Beauty Holdings, Inc. and Subsidiaries
Notes to Consolidated Financial Statements (Continued)
Fiscal Years ended September 30, 2013, 2012 and 2011
Condensed Consolidating Statement of Cash Flows
Fiscal Year Ended September 30, 2013
(In thousands)
Sally Holdings Non- Sally Beauty
LLC and Sally Guarantor Guarantor Consolidating Holdings, Inc.
Parent Capital Inc. Subsidiaries Subsidiaries Eliminations and Subsidiaries
Net cash provided (used) by operating
activities ................... $483,720 $(229,002) $ 30,386 $ 25,350 $— $ 310,454
Cash Flows from Investing Activities:
Capital expenditures, net of proceeds
from sale of property and
equipment ................ (2) — (54,358) (30,399) — (84,759)
Acquisitions, net of cash acquired . . . — — (21,594) (624) — (22,218)
Net cash used by investing activities . . . (2) — (75,952) (31,023) — (106,977)
Cash Flows from Financing Activities:
Proceeds from issuance of long-term
debt .................... — 365,500 — — — 365,500
Repayments of long-term debt ..... — (289,500) (83) (1,868) — (291,451)
Debt issuance costs ............ — (1,998) — — — (1,998)
Repurchases of common stock ..... (509,704) — — — — (509,704)
Proceeds from exercises of stock
options .................. 25,493 — — — — 25,493
Excess tax benefit from share-based
compensation .............. 493 — 13,404 1,488 — 15,385
Net cash (used) provided by financing
activities ................... (483,718) 74,002 13,321 (380) — (396,775)
Effect of foreign exchange rate changes
on cash and cash equivalents ...... — — — 193 — 193
Net decrease in cash and cash
equivalents ................. — (155,000) (32,245) (5,860) — (193,105)
Cash and cash equivalents, beginning of
period .................... — 155,000 48,582 36,638 — 240,220
Cash and cash equivalents, end of
period .................... $ — $ — $16,337 $ 30,778 $— $ 47,115
F-45