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Business Segments (Tables)

9 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

Information about our Operating and Reportable Segments

The tables below summarize information about our reportable segments.

	Three Months Ended December 31, 2017
(In thousands)	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
Total segment revenues*	$	225,695			$	25,717			$	19,203			$	270,615
Cost of sales	95,164				10,511				17,266				122,941
Gross profit	130,531				15,206				1,937				147,674
Advertising and promotion	30,794				4,544				497				35,835
Contribution margin	$	99,737			$	10,662			$	1,440			111,839
Other operating expenses													28,336
Operating income													83,503
Other expense													25,864
Income before income taxes													57,639
Benefit for income taxes													(257,154		)
Net income													$	314,793

* Intersegment revenues of $1.9 million were eliminated from the North America OTC Healthcare segment.

	Nine Months Ended December 31, 2017
(In thousands)	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
Total segment revenues*	$	656,812			$	67,572			$	60,830			$	785,214
Cost of sales	268,849				29,757				51,360				349,966
Gross profit	387,963				37,815				9,470				435,248
Advertising and promotion	98,666				11,827				1,474				111,967
Contribution margin	$	289,297			$	25,988			$	7,996			323,281
Other operating expenses													84,592
Operating income													238,689
Other expense													79,041
Income before income taxes													159,648
Benefit for income taxes													(219,609		)
Net income													$	379,257

* Intersegment revenues of $5.6 million were eliminated from the North American OTC Healthcare segment.

	Three Months Ended December 31, 2016
(In thousands)	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
Total segment revenues*	$	177,273			$	18,459			$	21,031			$	216,763
Cost of sales	68,378				7,678				16,160				92,216
Gross profit	108,895				10,781				4,871				124,547
Advertising and promotion	26,800				3,502				380				30,682
Contribution margin	$	82,095			$	7,279			$	4,491			93,865
Other operating expenses**													24,578
Operating income													69,287
Other expense													18,554
Income before income taxes													50,733
Provision for income taxes													19,092
Net income													$	31,641

* Intersegment revenues of $0.8 million were eliminated from the North American OTC Healthcare segment.

**Other operating expenses for the three months ended December 31, 2016 includes a pre-tax net gain on divestitures of $3.4 million related primarily to e.p.t and Dermoplast. The assets and corresponding contribution margin associated with the pre-tax net gain on these divestitures are included within the North American OTC Healthcare segment.

	Nine Months Ended December 31, 2016
(In thousands)	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
Total segment revenues*	$	521,800			$	53,067			$	66,523			$	641,390
Cost of sales	198,014				21,722				51,551				271,287
Gross profit	323,786				31,345				14,972				370,103
Advertising and promotion	76,651				8,870				1,388				86,909
Contribution margin	$	247,135			$	22,475			$	13,584			283,194
Other operating expenses**													130,635
Operating income													152,559
Other expense													60,511
Income before income taxes													92,048
Provision for income taxes													33,743
Net income													$	58,305

* Intersegment revenues of $2.2 million were eliminated from the North American OTC Healthcare segment.

**Other operating expenses for the nine months ended December 31, 2016 includes a pre-tax net loss of $51.6 million related to divestitures. These divestitures include Pediacare, New Skin, Fiber Choice, e.p.t and Dermoplast and license rights in certain geographic areas pertaining to Comet. The assets and corresponding contribution margin associated with the pre-tax net loss on divestitures related to Pediacare, New Skin, Fiber Choice, e.p.t and Dermoplast are included within the North American OTC Healthcare segment, while the pre-tax gain on sale of license rights related to Comet is included in the Household Cleaning segment.

Information about our Revenues from Similar Product Groups

The tables below summarize information about our segment revenues from similar product groups.

	Three Months Ended December 31, 2017
(In thousands)	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
Analgesics	$	31,293			$	160			$	—			$	31,453
Cough & Cold	28,761				4,331				—				33,092
Women's Health	63,107				2,940				—				66,047
Gastrointestinal	29,392				11,251				—				40,643
Eye & Ear Care	21,631				3,205				—				24,836
Dermatologicals	22,736				562				—				23,298
Oral Care	27,144				3,267				—				30,411
Other OTC	1,631				1				—				1,632
Household Cleaning	—				—				19,203				19,203
Total segment revenues	$	225,695			$	25,717			$	19,203			$	270,615

	Nine Months Ended December 31, 2017
(In thousands)	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
Analgesics	$	89,931			$	709			$	—			$	90,640
Cough & Cold	67,738				13,603				—				81,341
Women's Health	187,688				8,440				—				196,128
Gastrointestinal	88,145				25,123				—				113,268
Eye & Ear Care	69,437				8,850				—				78,287
Dermatologicals	72,688				1,587				—				74,275
Oral Care	77,026				9,256				—				86,282
Other OTC	4,159				4				—				4,163
Household Cleaning	—				—				60,830				60,830
Total segment revenues	$	656,812			$	67,572			$	60,830			$	785,214

	Three Months Ended December 31, 2016
(In thousands)	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
Analgesics	$	32,439			$	444			$	—			$	32,883
Cough & Cold	29,803				4,166				—				33,969
Women's Health	30,896				580				—				31,476
Gastrointestinal	15,109				6,701				—				21,810
Eye & Ear Care	23,571				2,997				—				26,568
Dermatologicals	19,948				479				—				20,427
Oral Care	24,129				3,083				—				27,212
Other OTC	1,378				9				—				1,387
Household Cleaning	—				—				21,031				21,031
Total segment revenues	$	177,273			$	18,459			$	21,031			$	216,763

	Nine Months Ended December 31, 2016
(In thousands)	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
Analgesics	$	90,558			$	1,515			$	—			$	92,073
Cough & Cold	68,876				13,718				—				82,594
Women's Health	97,051				2,151				—				99,202
Gastrointestinal	50,495				17,045				—				67,540
Eye & Ear Care	72,512				8,782				—				81,294
Dermatologicals	65,598				1,717				—				67,315
Oral Care	72,308				8,120				—				80,428
Other OTC	4,402				19				—				4,421
Household Cleaning	—				—				66,523				66,523
Total segment revenues	$	521,800			$	53,067			$	66,523			$	641,390

Allocation of Long-Term Assets to Segments

These consolidated goodwill and intangible assets have been allocated to the reportable segments as follows:

December 31, 2017	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
(In thousands)
Goodwill	$	580,934			$	33,154			$	6,245			$	620,333
Intangible assets
Indefinite-lived	2,404,336				85,329				101,261				2,590,926
Finite-lived, net	271,240				6,206				19,625				297,071
Intangible assets, net	2,675,576				91,535				120,886				2,887,997
Total	$	3,256,510			$	124,689			$	127,131			$	3,508,330

March 31, 2017	North American OTC Healthcare				International OTC Healthcare				Household Cleaning				Consolidated
(In thousands)
Goodwill	$	576,453			$	32,554			$	6,245			$	615,252
Intangible assets
Indefinite-lived	2,404,336				83,558				101,261				2,589,155
Finite-lived, net	287,056				6,468				20,934				314,458
Intangible assets, net	2,691,392				90,026				122,195				2,903,613
Total	$	3,267,845			$	122,580			$	128,440			$	3,518,865

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Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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