Company: SBH
Filing Date: 2025-02-13
Form Type: 10-Q
Source: 0000950170-25-019869
Chunk: 4

Company: Sally Beauty Holdings, Inc.
Filing Date: 2025-02-13
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
    Net cash provided by operating activities

    33,457

    51,020

    Cash Flows from Investing Activities:

    Payments for property and equipment

    (20,078
    )

    (30,551
    )

    Proceeds from sale of property and equipment, net

    43,574

    —

    Acquisitions, net of cash acquired

    (371
    )

    (218
    )

    Net cash provided (used) by investing activities

    23,125

    (30,769
    )

    Cash Flows from Financing Activities:

    Proceeds from issuance of long-term debt and ABL facility

    112,000

    67,000

    Repayments of long-term debt and ABL facility

    (153,041
    )

    (68,052
    )

    Debt issuance costs

    (1,495
    )

    —

    Proceeds from equity awards

    81

    216

    Payments for common stock repurchased

    (9,948
    )

    (20,200
    )

    Employee withholding taxes paid related to net share settlement of equity awards

    (5,264
    )

    (1,740
    )

    Net cash used by financing activities

    (57,667
    )

    (22,776
    )

    Effect of foreign exchange rate changes on cash and cash equivalents

    (1,348
    )

    523

    Net decrease in cash and cash equivalents

    (2,433
    )

    (2,002
    )

    Cash and cash equivalents, beginning of period

    107,961

    123,001

    Cash and cash equivalents, end of period
     
    $
    105,528

    $
    120,999

    Supplemental Cash Flow Information:

    Interest paid
     
    $
    7,648

    $
    27,272

    Income taxes paid
     
    $
    19,264

    $
    3,495

    Capital expenditures incurred but not paid
     
    $
    8,135

    $
    5,206

The accompanying notes are an integral part of these condensed consolidated financial statements.

8

Sally Beauty Holdings, Inc. and Subsidiaries

Notes to Condensed Consolidated Financial Statements

(Unaudited)

1.    Significant