Company: SBH
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001193125-25-280122
Chunk: 64

Company: Sally Beauty Holdings, Inc.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 6
Chunk 64
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ization expense related to intangible assets totaled $3.5 million, $3.2 million, and $3.4 million, respectively and are included within selling, general and administrative expenses on our consolidated statements of earnings.As of September 30, 2025, the expected future amortization expense related to definite-lived intangible assets is as follows (in thousands):

         Fiscal Year:

         2026
          
         $
         2,607

         2027

         1,996

         2028

         1,433

         2029

         1,224

         2030

         1,179

         Thereafter

         4,135

         $
         12,574

        9.Accrued LiabilitiesAccrued liabilities consist of the following (in thousands):

         September 30,

         2025

         2024

         Compensation and benefits
          
         $
         85,058

         $
         76,649

         Deferred revenue

         14,195

         16,080

         Rental obligations

         10,286

         11,039

         Accrued Freight

         8,761

         8,240

         Insurance reserves

         7,331

         7,526

         Interest payable

         3,819

         4,108

         Operating accruals and other

         55,191

         39,308

         Total accrued liabilities
          
         $
         184,641

         $
         162,950

        10.Commitments and ContingenciesCommitmentsLetters of Credit

F-21

Sally Beauty Holdings, Inc. and SubsidiariesNotes to Consolidated Financial StatementsFiscal Years ended September 30, 2025, 2024, and 2023 

We had $17.6 million and $17.5 million of outstanding letters of credit as of September 30, 2025 and 2024, respectively.ContingenciesLegal ProceedingsFrom time to time, we are involved in various claims and lawsuits incidental to the conduct of our business in the ordinary course. We do not believe that the ultimate resolution of these matters will have a material adverse impact on our consolidated financial position, results of operations or cash flows.Liabilities for loss contingencies arising from claims, assessments, litigation, fines, penalties, and other sources,