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Goodwill and Intangible Assets (Tables)

3 Months Ended

May 31, 2016

Goodwill and Intangible Assets

Summary of carrying amounts and associated accumulated amortization for all intangible assets by operating segment

GOODWILL AND INTANGIBLE ASSETS

(in thousands)

		May 31, 2016												February 29, 2016
		Gross			Cumulative									Gross			Cumulative
		Carrying			Goodwill			Accumulated			Net Book			Carrying			Goodwill			Accumulated			Net Book
		Amount			Impairments			Amortization			Value			Amount			Impairments			Amortization			Value
Housewares:
Goodwill (1)		$	281,621		$	-		$	-		$	281,621		$	166,132		$	-		$	-		$	166,132
Trademarks - indefinite (1)			134,200			-			-			134,200			75,200			-			-			75,200
Other intangibles - finite (1)			40,078			-			(13,553)			26,525			15,448			-			(12,916)			2,532
Total Housewares			455,899			-			(13,553)			442,346			256,780			-			(12,916)			243,864
Health & Home:
Goodwill			284,913			-			-			284,913			284,913			-			-			284,913
Trademarks - indefinite			54,000			-			-			54,000			54,000			-			-			54,000
Licenses - finite			15,300			-			(13,515)			1,785			15,300			-			(12,750)			2,550
Licenses - indefinite			7,400			-			-			7,400			7,400			-			-			7,400
Other intangibles - finite			116,669			-			(57,687)			58,982			116,575			-			(54,913)			61,662
Total Health & Home			478,282			-			(71,202)			407,080			478,188			-			(67,663)			410,525
Nutritional Supplements:
Goodwill			96,609			-			-			96,609			96,609			-			-			96,609
Brand assets - indefinite			60,520			-			-			60,520			65,520			-			-			65,520
Other intangibles - finite			44,180			-			(12,002)			32,178			44,180			-			(10,431)			33,749
Total Nutritional Supplements			201,309			-			(12,002)			189,307			206,309			-			(10,431)			195,878
Beauty:
Goodwill			81,841			(46,490)			-			35,351			81,841			(46,490)			-			35,351
Trademarks - indefinite			46,354			-			-			46,354			48,754			-			-			48,754
Trademarks - finite			150			-			(88)			62			150			-			(87)			63
Licenses - finite			13,696			-			(11,612)			2,084			13,696			-			(11,532)			2,164
Licenses - indefinite			10,300			-			-			10,300			10,300			-			-			10,300
Other intangibles - finite			46,402			-			(35,899)			10,503			46,402			-			(34,545)			11,857
Total Beauty			198,743			(46,490)			(47,599)			104,654			201,143			(46,490)			(46,164)			108,489
Total goodwill and intangible assets		$	1,334,233		$	(46,490)		$	(144,356)		$	1,143,387		$	1,142,420		$	(46,490)		$	(137,174)		$	958,756

(1)   Includes goodwill of $116.05 million, trade names of $59.00 million, and other finite lived intangible assets totaling $24.50 million from the acquisition of Hydro Flask on March 18, 2016. See Note 9 to these consolidated condensed financial statements for further information regarding the acquisition.

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

Aggregate Amortization Expense
For the three months ended
May 31, 2016		$	7,204
May 31, 2015		$	6,814

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

Estimated Amortization Expense
For the fiscal years ended
February 2017		$	28,197
February 2018		$	24,986
February 2019		$	20,423
February 2020		$	19,183
February 2021		$	16,282
February 2022		$	5,972

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

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-Name Accounting Standards Codification
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