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GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Feb. 28, 2014
GOODWILL AND INTANGIBLE ASSETS |
Schedule of changes in goodwill and intangible assets by operating segment | (in thousands)
|  |  |  | Balances at |  |  |  |  |  |  |  | Balances at
|  | Weighted |  | February 28, 2013 |  | Year Ended February 28, 2014 |  | February 28, 2014 |
|  | Average |  | Gross |  | Cumulative |  |  |  |  |  | Acquisition |  | Gross |  | Cumulative |  |  |  |  |
|  | Life |  | Carrying |  | Goodwill |  |  |  |  |  | and Retirement |  | Carrying |  | Goodwill |  | Accumulated |  | Net Book |
Description |  | (Years) |  | Amount |  | Impairments |  | Additions |  | Impairments |  | Adjustments |  | Amount |  | Impairments |  | Amortization |  | Value |
Housewares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  | $ | 166,132 |  | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | 166,132 |  | $ | - |  | $ | - |  | $ | 166,132 |
Trademarks - indefinite |  |  |  | 75,200 |  | - |  | - |  | - |  | - |  | 75,200 |  | - |  | - |  | 75,200 |
Other intangibles - finite |  | 2.7 |  | 15,609 |  | - |  | 339 |  | - |  | (255) |  | 15,693 |  | - |  | (11,149) |  | 4,544 |
Total Housewares |  |  |  | 256,941 |  | - |  | 339 |  | - |  | (255) |  | 257,025 |  | - |  | (11,149) |  | 245,876 |
Healthcare / Home Environment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  | 251,758 |  | - |  | - |  | - |  | - |  | 251,758 |  | - |  | - |  | 251,758 |
Trademarks - indefinite |  |  |  | 54,000 |  | - |  | - |  | - |  | - |  | 54,000 |  | - |  | - |  | 54,000 |
Licenses - finite |  | 3.0 |  | 15,300 |  | - |  | - |  | - |  | - |  | 15,300 |  | - |  | (6,416) |  | 8,884 |
Other Intangibles - finite |  | 7.6 |  | 114,490 |  | - |  | - |  | - |  | - |  | 114,490 |  | - |  | (34,606) |  | 79,884 |
Total Healthcare / Home Environment |  |  |  | 435,548 |  | - |  | - |  | - |  | - |  | 435,548 |  | - |  | (41,022) |  | 394,526 |
Personal Care: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  | 81,841 |  | (46,490) |  | - |  | - |  | - |  | 81,841 |  | (46,490) |  | - |  | 35,351 |
Trademarks - indefinite |  |  |  | 75,803 |  | - |  | - |  | (12,049) |  | - |  | 63,754 |  | - |  | - |  | 63,754 |
Trademarks - finite |  | 14.6 |  | 150 |  | - |  | - |  | - |  | - |  | 150 |  | - |  | (77) |  | 73 |
Licenses - indefinite |  |  |  | 10,300 |  | - |  | - |  | - |  | - |  | 10,300 |  | - |  | - |  | 10,300 |
Licenses - finite |  | 6.5 |  | 18,683 |  | - |  | - |  | - |  | - |  | 18,683 |  | - |  | (15,887) |  | 2,796 |
Other intangibles - finite |  | 4.0 |  | 49,437 |  | - |  | - |  | - |  | - |  | 49,437 |  | - |  | (26,563) |  | 22,874 |
Total Personal Care |  |  |  | 236,214 |  | (46,490) |  | - |  | (12,049) |  | - |  | 224,165 |  | (46,490) |  | (42,527) |  | 135,148 |
Total |  |  |  | $ | 928,703 |  | $ | (46,490) |  | $ | 339 |  | $ | (12,049) |  | $ | (255) |  | $ | 916,738 |  | $ | (46,490) |  | $ | (94,698) |  | $ | 775,550 |
GOODWILL AND INTANGIBLE ASSETS (in thousands)
|  |  |  | Balances at |  |  |  |  |  |  |  | Balances at
|  | Weighted |  | February 29, 2012 |  | Year Ended February 28, 2013 |  | February 28, 2013 |
|  | Average |  | Gross |  | Cumulative |  |  |  |  |  | Acquisition |  | Gross |  | Cumulative |  |  |  |  |
|  | Life |  | Carrying |  | Goodwill |  |  |  |  |  | and Retirement |  | Carrying |  | Goodwill |  | Accumulated |  | Net Book |
Description / Life |  | (Years) |  | Amount |  | Impairments |  | Additions |  | Impairments |  | Adjustments |  | Amount |  | Impairments |  | Amortization |  | Value |
Housewares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  | $ | 166,132 |  | $ | - |  | $ | - |  | $ | - |  | $ | - |  | $ | 166,132 |  | $ | - |  | $ | - |  | $ | 166,132 |
Trademarks - indefinite |  |  |  | 75,200 |  | - |  | - |  | - |  | - |  | 75,200 |  | - |  | - |  | 75,200 |
Other intangibles - finite |  | 3.7 |  | 15,774 |  | - |  | 278 |  | - |  | (443) |  | 15,609 |  | - |  | (10,070) |  | 5,539 |
Total Housewares |  |  |  | 257,106 |  | - |  | 278 |  | - |  | (443) |  | 256,941 |  | - |  | (10,070) |  | 246,871 |
Healthcare / Home Environment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  | 250,867 |  | - |  | - |  | - |  | 891 |  | 251,758 |  | - |  | - |  | 251,758 |
Trademarks - indefinite |  |  |  | 54,000 |  | - |  | - |  | - |  | - |  | 54,000 |  | - |  | - |  | 54,000 |
Licenses - finite |  | 4.0 |  | 14,900 |  | - |  | - |  | - |  | 400 |  | 15,300 |  | - |  | (3,455) |  | 11,845 |
Other Intangibles - finite |  | 8.6 |  | 114,790 |  | - |  | - |  | - |  | (300) |  | 114,490 |  | - |  | (23,220) |  | 91,270 |
Total Healthcare / Home Environment |  |  |  | 434,557 |  | - |  | - |  | - |  | 991 |  | 435,548 |  | - |  | (26,675) |  | 408,873 |
Personal Care: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  | 81,841 |  | (46,490) |  | - |  | - |  | - |  | 81,841 |  | (46,490) |  | - |  | 35,351 |
Trademarks - indefinite |  |  |  | 75,303 |  | - |  | 500 |  | - |  | - |  | 75,803 |  | - |  | - |  | 75,803 |
Trademarks - finite |  | 15.6 |  | 150 |  | - |  | - |  | - |  | - |  | 150 |  | - |  | (72) |  | 78 |
Licenses - indefinite |  |  |  | 10,300 |  | - |  | - |  | - |  | - |  | 10,300 |  | - |  | - |  | 10,300 |
Licenses - finite |  | 7.2 |  | 19,564 |  | - |  | - |  | - |  | (881) |  | 18,683 |  | - |  | (15,570) |  | 3,113 |
Other intangibles - finite |  | 5.0 |  | 49,437 |  | - |  | - |  | - |  | - |  | 49,437 |  | - |  | (20,957) |  | 28,480 |
Total Personal Care |  |  |  | 236,595 |  | (46,490) |  | 500 |  | - |  | (881) |  | 236,214 |  | (46,490) |  | (36,599) |  | 153,125 |
Total |  |  |  | $ | 928,258 |  | $ | (46,490) |  | $ | 778 |  | $ | - |  | $ | (333) |  | $ | 928,703 |  | $ | (46,490) |  | $ | (73,344) |  | $ | 808,869 |
Schedule of aggregate amortization expense of intangible assets |
(in thousands)
Aggregate Amortization Expense |  |  |
For the fiscal years ended |  |  |
February 2014 |  | $ | 21,612 |
February 2013 |  | $ | 22,400 |
February 2012 |  | $ | 20,069 |
Schedule of estimated amortization expense of intangible assets |
(in thousands) |  |  |
Estimated Amortization Expense |  |  |
For the fiscal years ended |  |  |
February 2015 |  | $ | 21,021 |
February 2016 |  | $ | 20,838 |
February 2017 |  | $ | 20,523 |
February 2018 |  | $ | 16,704 |
February 2019 |  | $ | 12,000 |

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