Supercuts 2008 Annual Report Download - page 87

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
2. OTHER FINANCIAL STATEMENT DATA (Continued)
The following provides supplemental disclosures of cash flow activity:
Significant non-cash investing and financing activities include the following:
In fiscal years 2008, 2007, and 2006, the Company financed capital expenditures totaling $10.4, $14.5, and $16.8 million, respectively,
through capital leases.
In connection with various acquisitions, the Company entered into seller-financed payables and non-compete agreements in fiscal year
2006.
3. ACQUISITIONS, INVESTMENTS IN AFFILIATES AND LOANS
During fiscal years 2008, 2007, and 2006, the Company made numerous acquisitions and the purchase prices have been allocated to assets
acquired and liabilities assumed based on their estimated fair values at the dates of acquisition. These acquisitions individually and in the
aggregate are not material to the Company's operations. Operations of the acquired companies have been included in the operations of the
Company since the date of the respective acquisition.
85
2008 2007 2006
(Dollars in thousands)
Cash paid during the year for:
Interest
$
46,547
$
40,805
$
35,098
Income taxes, net of refunds
49,148
71,770
32,544