Company: SBH
Filing Date: 2025-02-13
Form Type: 10-Q
Source: 0000950170-25-019869
Chunk: 0

Company: Sally Beauty Holdings, Inc.
Filing Date: 2025-02-13
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(In thousands, except par value data)

    December 31,2024

    September 30,2024

    (Unaudited)

    Assets

    Current assets:

    Cash and cash equivalents
     
    $
    105,528

    $
    107,961

    Trade accounts receivable, net

    26,587

    33,635

    Accounts receivable, other

    58,049

    58,553

    Inventory

    1,005,975

    1,036,624

    Other current assets

    50,581

    68,541

    Total current assets

    1,246,720

    1,305,314

    Property and equipment, net of accumulated depreciation of $866,536 at   December 31, 2024, and $881,818 at September 30, 2024

    261,619

    269,872

    Operating lease assets

    577,042

    582,573

    Goodwill

    531,445

    538,266

    Intangible assets, excluding goodwill, net of accumulated amortization of   $33,413 at December 31, 2024, and $33,761 at September 30, 2024

    57,740

    59,960

    Other assets

    36,202

    36,914

    Total assets
     
    $
    2,710,768

    $
    2,792,899

    Liabilities and Stockholders’ Equity

    Current liabilities:

    Current maturities of long-term debt
     
    $
    4,079

    $
    4,127

    Accounts payable

    220,650

    269,424

    Accrued liabilities

    149,023

    162,950

    Current operating lease liabilities

    152,365

    136,068

    Income taxes payable

    22,482

    20,100

    Total current liabilities

    548,599

    592,669

    Long-term debt

    938,080

    978,255

    Long