Sally Beauty Supply 2013 Annual Report Download - page 148

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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, 2012
(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 by operating
activities ................... $171,980 $ 3,161 $ 69,049 $ 53,392 $— $ 297,582
Cash Flows from Investing Activities:
Capital expenditures ........... — — (45,942) (23,036) — (68,978)
Acquisitions, net of cash acquired . . . — — (10,607) (32,928) — (43,535)
Net cash used by investing activities . . . — — (56,549) (55,964) — (112,513)
Cash Flows from Financing Activities:
Proceeds from issuance of long-term
debt .................... — 2,101,475 14 — — 2,101,489
Repayments of long-term debt ..... — (1,918,339) (89) (2,856) — (1,921,284)
Debt issuance costs ............ — (31,297) — — — (31,297)
Repurchase of common stock ...... (200,000) — — — — (200,000)
Proceeds from exercises of stock
options .................. 28,020 — — — — 28,020
Excess tax benefit from share-based
compensation .............. — — 13,574 816 — 14,390
Net cash (used) provided by financing
activities ................... (171,980) 151,839 13,499 (2,040) — (8,682)
Effect of foreign exchange rate changes
on cash and cash equivalents ...... — — — 352 — 352
Net increase (decrease) in cash and cash
equivalents ................. — 155,000 25,999 (4,260) — 176,739
Cash and cash equivalents, beginning of
period .................... — — 22,583 40,898 — 63,481
Cash and cash equivalents, end of
period .................... $ — $ 155,000 $ 48,582 $ 36,638 $— $ 240,220
F-46