XML 61 R45.htm IDEA: XBRL DOCUMENT
v3.19.1

Business Segments (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2019
Segment Reporting [Abstract] |
Information about our Operating and Reportable Segments | The tables below summarize information about our operating and reportable segments.
| Year Ended March 31, 2019
(In thousands) | North American OTC Healthcare |  | International OTC Healthcare |  | Household Cleaning |  | Consolidated
Total segment revenues* | $ | 862,446 |  |  | $ | 93,520 |  |  | $ | 19,811 |  |  | $ | 975,777 |
Cost of sales | 364,533 |  |  | 39,080 |  |  | 16,588 |  |  | 420,201 |
Gross profit | 497,913 |  |  | 54,440 |  |  | 3,223 |  |  | 555,576 |
Advertising and promotion | 126,374 |  |  | 16,286 |  |  | 430 |  |  | 143,090 |
Contribution margin | $ | 371,539 |  |  | $ | 38,154 |  |  | $ | 2,793 |  |  | 412,486 |
Other operating expenses** |  |  |  |  |  |  |  |  | 344,983 |
Operating income |  |  |  |  |  |  |  |  | 67,503 |
Other expense |  |  |  |  |  |  |  |  | 105,558 |
Loss before income taxes |  |  |  |  |  |  | (38,055 | )
Benefit for income taxes |  |  |  |  |  |  |  |  | (2,255 | )
Net loss |  |  |  |  |  |  | $ | (35,800 | )
*Intersegment revenues of $7.4 million were eliminated from the North American OTC Healthcare segment. **Other operating expenses for the year ended March 31, 2019 includes a tradename impairment charge of $195.9 million and a goodwill impairment charge of $33.5 million .
| Year Ended March 31, 2018
(In thousands) | North American OTC Healthcare |  | International OTC Healthcare |  | Household Cleaning |  | Consolidated
Total segment revenues* | $ | 868,874 |  |  | $ | 91,658 |  |  | $ | 80,647 |  |  | $ | 1,041,179 |
Cost of sales | 357,298 |  |  | 40,244 |  |  | 67,132 |  |  | 464,674 |
Gross profit | 511,576 |  |  | 51,414 |  |  | 13,515 |  |  | 576,505 |
Advertising and promotion | 129,058 |  |  | 16,267 |  |  | 1,961 |  |  | 147,286 |
Contribution margin | $ | 382,518 |  |  | $ | 35,147 |  |  | $ | 11,554 |  |  | 429,219 |
Other operating expenses** |  |  |  |  |  |  |  |  | 213,745 |
Operating income |  |  |  |  |  |  |  |  | 215,474 |
Other expense |  |  |  |  |  |  |  |  | 108,388 |
Income before income taxes |  |  |  |  |  |  |  |  | 107,086 |
Provision for income taxes |  |  |  |  |  |  |  |  | (232,484 | )
Net income |  |  |  |  |  |  | $ | 339,570 |
* Intersegment revenues of $7.7 million were eliminated from the North American OTC Healthcare segment. **Other operating expenses for the year ended March 31, 2018 includes a tradename impairment charge of $99.9 million.
| Year Ended March 31, 2017
(In thousands) | North American OTC Healthcare |  | International OTC Healthcare |  | Household Cleaning |  | Consolidated
Total segment revenues* | $ | 720,824 |  |  | $ | 73,304 |  |  | $ | 87,932 |  |  | $ | 882,060 |
Cost of sales | 282,750 |  |  | 30,789 |  |  | 68,235 |  |  | 381,774 |
Gross profit | 438,074 |  |  | 42,515 |  |  | 19,697 |  |  | 500,286 |
Advertising and promotion | 112,465 |  |  | 13,434 |  |  | 2,460 |  |  | 128,359 |
Contribution margin | $ | 325,609 |  |  | $ | 29,081 |  |  | $ | 17,237 |  |  | 371,927 |
Other operating expenses** |  |  |  |  |  |  |  |  | 166,284 |
Operating income |  |  |  |  |  |  |  |  | 205,643 |
Other expense |  |  |  |  |  |  |  |  | 94,793 |
Income before income taxes |  |  |  |  |  |  |  |  | 110,850 |
Provision for income taxes |  |  |  |  |  |  |  |  | 41,455 |
Net income |  |  |  |  |  |  | $ | 69,395 |
*Intersegment revenues of $4.2 million were eliminated from the North America OTC Healthcare segment. **Other operating expenses for the year ended March 31, 2017 includes a pre-tax net loss of $51.8 million related to divestitures. These divestitures include Pediacare®, New Skin®, Fiber Choice®, e.p.t®, 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® are 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.
| Year Ended March 31, 2019
(In thousands) | North American OTC Healthcare |  | International OTC Healthcare |  | Household Cleaning |  | Consolidated
Analgesics | $ | 113,563 |  |  | $ | 615 |  |  | $ | — |  |  | $ | 114,178 |
Cough & Cold | 83,168 |  |  | 19,955 |  |  | — |  |  | 103,123 |
Women's Health | 244,927 |  |  | 13,552 |  |  | — |  |  | 258,479 |
Gastrointestinal | 125,416 |  |  | 35,046 |  |  | — |  |  | 160,462 |
Eye & Ear Care | 101,128 |  |  | 11,709 |  |  | — |  |  | 112,837 |
Dermatologicals | 95,801 |  |  | 2,171 |  |  | — |  |  | 97,972 |
Oral Care | 92,964 |  |  | 10,468 |  |  | — |  |  | 103,432 |
Other OTC | 5,479 |  |  | 4 |  |  | — |  |  | 5,483 |
Household Cleaning | — |  |  | — |  |  | 19,811 |  |  | 19,811 |
Total segment revenues | $ | 862,446 |  |  | $ | 93,520 |  |  | $ | 19,811 |  |  | $ | 975,777 |
| Year Ended March 31, 2018
(In thousands) | North American OTC Healthcare |  | International OTC Healthcare |  | Household Cleaning |  | Consolidated
Analgesics | $ | 118,610 |  |  | $ | 807 |  |  | $ | — |  |  | $ | 119,417 |
Cough & Cold | 93,537 |  |  | 18,310 |  |  | — |  |  | 111,847 |
Women's Health | 247,244 |  |  | 12,140 |  |  | — |  |  | 259,384 |
Gastrointestinal | 117,627 |  |  | 34,609 |  |  | — |  |  | 152,236 |
Eye & Ear Care | 92,308 |  |  | 11,744 |  |  | — |  |  | 104,052 |
Dermatologicals | 94,775 |  |  | 2,113 |  |  | — |  |  | 96,888 |
Oral Care | 99,072 |  |  | 11,930 |  |  | — |  |  | 111,002 |
Other OTC | 5,701 |  |  | 5 |  |  | — |  |  | 5,706 |
Household Cleaning | — |  |  | — |  |  | 80,647 |  |  | 80,647 |
Total segment revenues | $ | 868,874 |  |  | $ | 91,658 |  |  | $ | 80,647 |  |  | $ | 1,041,179 |
| Year Ended March 31, 2017
(In thousands) | North American OTC Healthcare |  | International OTC Healthcare |  | Household Cleaning |  | Consolidated
Analgesics | $ | 120,253 |  |  | $ | 1,922 |  |  | $ | — |  |  | $ | 122,175 |
Cough & Cold | 90,795 |  |  | 17,990 |  |  | — |  |  | 108,785 |
Women's Health | 147,071 |  |  | 3,811 |  |  | — |  |  | 150,882 |
Gastrointestinal | 76,500 |  |  | 24,812 |  |  | — |  |  | 101,312 |
Eye & Ear Care | 97,618 |  |  | 12,075 |  |  | — |  |  | 109,693 |
Dermatologicals | 85,194 |  |  | 2,159 |  |  | — |  |  | 87,353 |
Oral Care | 97,586 |  |  | 10,513 |  |  | — |  |  | 108,099 |
Other OTC | 5,807 |  |  | 22 |  |  | — |  |  | 5,829 |
Household Cleaning | — |  |  | — |  |  | 87,932 |  |  | 87,932 |
Total segment revenues | $ | 720,824 |  |  | $ | 73,304 |  |  | $ | 87,932 |  |  | $ | 882,060 |
Segment Revenue by Geographic Area | Our total segment revenues by geographic area are as follows:
| Year Ended March 31,
| 2019 |  | 2018 |  | 2017
United States | $ | 837,049 |  |  | $ | 903,511 |  |  | $ | 769,732 |
Rest of world | 138,728 |  |  | 137,668 |  |  | 112,328 |
Total | $ | 975,777 |  |  | $ | 1,041,179 |  |  | $ | 882,060 |
Allocation of Long-Term Assets to Segments | Our consolidated goodwill and intangible assets have been allocated to the reportable segments as follows:
March 31, 2019 (In thousands) | North American OTC Healthcare |  | International OTC Healthcare |  | Household Cleaning |  | Consolidated
Goodwill | $ | 547,393 |  |  | $ | 31,190 |  |  | $ | — |  |  | $ | 578,583 |
Intangible assets |  |  |  |  |  |  |  |  |  |
Indefinite-lived | 2,195,617 |  |  | 77,574 |  |  | — |  |  | 2,273,191 |
Finite-lived | 228,743 |  |  | 5,276 |  |  | — |  |  | 234,019 |
Intangible assets, net | $ | 2,424,360 |  |  | 82,850 |  |  | — |  |  | 2,507,210 |
Total | $ | 2,971,753 |  |  | $ | 114,040 |  |  | $ | — |  |  | $ | 3,085,793 |
March 31, 2018 (In thousands) | North American OTC Healthcare |  | International OTC Healthcare |  | Household Cleaning |  | Consolidated
Goodwill | $ | 580,934 |  |  | $ | 32,919 |  |  | $ | 6,245 |  |  | $ | 620,098 |
Intangible assets |  |  |  |  |  |  |  |
Indefinite-lived | 2,375,736 |  |  | 84,006 |  |  | 30,561 |  |  | 2,490,303 |
Finite-lived | 265,356 |  |  | 6,068 |  |  | 19,189 |  |  | 290,613 |
Intangible assets, net | 2,641,092 |  |  | 90,074 |  |  | 49,750 |  |  | 2,780,916 |
Total | $ | 3,222,026 |  |  | $ | 122,993 |  |  | $ | 55,995 |  |  | $ | 3,401,014 |
Goodwill and Intangible Assets by Geographic Areas | Our goodwill and intangible assets by geographic area are as follows:
| Year Ended March 31,
| 2019 |  | 2018
United States | $ | 2,971,753 |  |  | $ | 3,278,021 |
Rest of world | 114,040 |  |  | 122,993 |
Total | $ | 3,085,793 |  |  | $ | 3,401,014 |

X
- Definition [Table Text Block] for Goodwill and Intangible Assets by Geographic Areas [Table] + References No definition available. + Details
Name: | pbh_GoodwillandIntangibleAssetsbyGeographicAreasTableTextBlock
Namespace Prefix: | pbh_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration