XML 52 R36.htm IDEA: XBRL DOCUMENT v3.19.1
Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2019
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Reconciliation of the Activity Affecting Intangible Assets
A reconciliation of the activity affecting intangible assets, net for each of 2019 and 2018 is as follows:
 
Year Ended March 31, 2019
(In thousands)
Indefinite-
Lived
Tradenames
 
Finite-Lived
Tradenames and Customer Relationships
 
Totals
Gross Carrying Amounts
 
 
 
 
 
Balance – March 31, 2018
$
2,490,303

 
$
441,314

 
$
2,931,617

Reclassifications
(25,152
)
 
25,152

 

Reductions
(30,562
)
 
(34,889
)
 
(65,451
)
Tradename impairment
(154,967
)
 
(40,953
)
 
(195,920
)
Effects of foreign currency exchange rates
(6,431
)
 
(341
)
 
(6,772
)
Balance – March 31, 2019
$
2,273,191


$
390,283

 
$
2,663,474

 
 
 
 
 
 
Accumulated Amortization
 

 
 

 
 

Balance – March 31, 2018
$

 
$
150,701

 
$
150,701

Additions

 
21,767

 
21,767

Reductions

 
(16,136
)
 
(16,136
)
Effects of foreign currency exchange rates

 
(68
)
 
(68
)
Balance – March 31, 2019
$


$
156,264

 
$
156,264

 
 
 
 
 
 
Intangible assets, net – March 31, 2019
$
2,273,191


$
234,019

 
$
2,507,210

 
 
 
 
 
 
Intangible Assets, net by Reportable Segment:
 
 
 
 
 
North American OTC Healthcare
$
2,195,617


$
228,743

 
$
2,424,360

International OTC Healthcare
77,574


5,276

 
82,850

Intangible assets, net – March 31, 2019
$
2,273,191


$
234,019

 
$
2,507,210




 
Year Ended March 31, 2018
(In thousands)
Indefinite-
Lived
Tradenames
 
Finite-Lived
Tradenames and Customer Relationships
 
Totals
Gross Carrying Amounts
 
 
 
 
 
Balance – March 31, 2017
$
2,589,155

 
$
441,801

 
$
3,030,956

Tradename impairment
(99,300
)
 
(624
)
 
(99,924
)
Effects of foreign currency exchange rates
448

 
137

 
585

Balance – March 31, 2018
$
2,490,303

 
$
441,314

 
$
2,931,617

 
 
 
 
 
 
Accumulated Amortization
 

 
 

 
 

Balance – March 31, 2017
$


$
127,343

 
$
127,343

Additions


23,349

 
23,349

Effects of foreign currency exchange rates


9

 
9

Balance – March 31, 2018
$

 
$
150,701

 
$
150,701

 
 
 
 
 
 
Intangible assets, net – March 31, 2018
$
2,490,303

 
$
290,613

 
$
2,780,916

 
 
 
 
 
 
Intangible Assets, net by Reportable Segment:
 
 
 
 
 
North American OTC Healthcare
$
2,375,736


$
265,356

 
$
2,641,092

International OTC Healthcare
84,006


6,068

 
90,074

Household Cleaning
30,561


19,189

 
49,750

Intangible assets, net – March 31, 2018
$
2,490,303

 
$
290,613

 
$
2,780,916


Schedule of Expected Amortization Expense
At March 31, 2019, finite-lived intangible assets are expected to be amortized over their estimated useful life, which ranges from a period of 10 to 30 years, and the estimated amortization expense for each of the five succeeding years and periods thereafter is as follows (in thousands):

(In thousands)
 
Year Ending March 31,
Amount
2020
19,642

2021
19,646

2022
19,644

2023
19,644

2024
19,614

Thereafter
135,829

 
$
234,019