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GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Feb. 28, 2015

Goodwill and Intangible Assets

Summary of carrying amounts and associated accumulated amortization for all intangible assets by operating segment (in thousands)

(in thousands)

				Balances at															Balances at
		Weighted		February 28, 2014						Year Ended February 28, 2015									February 28, 2015
		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		1.7			15,693			-			244			-			(183)			15,754			-			(12,331)			3,423
Subtotal					257,025			-			244			-			(183)			257,086			-			(12,331)			244,755
Healthcare / Home Environment:
Goodwill					251,758			-			-			-			-			251,758			-			-			251,758
Trademarks - indefinite					54,000			-			-			-			-			54,000			-			-			54,000
Licenses - finite		2.0			15,300			-			-			-			-			15,300			-			(9,377)			5,923
Other Intangibles - finite		6.7			114,490			-			827			-			(1,675)			113,642			-			(43,848)			69,794
Subtotal					435,548			-			827			-			(1,675)			434,700			-			(53,225)			381,475
Nutritional Supplements:
Goodwill					-			-			95,308			-			1,178			96,486			-			-			96,486
Brand assets - indefinite					-			-			65,500			-			-			65,500			-			-			65,500
Other intangibles - finite		6.3			-			-			43,800			-			-			43,800			-			(4,171)			39,629
Subtotal					-			-			204,608			-			1,178			205,786			-			(4,171)			201,615
Personal Care:
Goodwill					81,841			(46,490)			-			-			-			81,841			(46,490)			-			35,351
Trademarks - indefinite					63,754			-			-			(9,000)			-			54,754			-			-			54,754
Trademarks - finite		13.6			150			-			-			-			-			150			-			(82)			68
Licenses - indefinite					10,300			-			-			-			-			10,300			-			-			10,300
Licenses - finite		7.8			18,683			-			-			-			(4,987)			13,696			-			(11,216)			2,480
Other intangibles - finite		3.2			49,437			-			85			-			(1,561)			47,961			-			(30,602)			17,359
Subtotal					224,165			(46,490)			85			(9,000)			(6,548)			208,702			(46,490)			(41,900)			120,312
Total				$	916,738		$	(46,490)		$	205,764		$	(9,000)		$	(7,228)		$	1,106,274		$	(46,490)		$	(111,627)		$	948,157

GOODWILL AND INTANGIBLE ASSETS

(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 / 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		2.7			15,609			-			339			-			(255)			15,693			-			(11,149)			4,544
Subtotal					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
Subtotal					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
Subtotal					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

Summary of amortization expense attributable to intangible assets (in thousands)

Aggregate Amortization Expense
For the fiscal years ended
February 2015		$	25,328
February 2014		$	21,612
February 2013		$	22,400

Schedule of estimated amortization expense of intangible assets (in thousands)

Estimated Amortization Expense
For the fiscal years ended
February 2016		$	27,138
February 2017		$	26,826
February 2018		$	22,885
February 2019		$	18,492
February 2020		$	16,733

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- Definition

Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life.

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- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

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- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

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-Publisher FASB

-Name Accounting Standards Codification

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