XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Goodwill and Intangible Assets (Tables) | 9 Months Ended
--- | ---
Nov. 30, 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)
|  | November 30, 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) |  | $ | 282,065 |  | $ | - |  | $ | - |  | $ | 282,065 |  | $ | 166,132 |  | $ | - |  | $ | - |  | $ | 166,132
Trademarks - indefinite (1) |  |  | 134,200 |  |  | - |  |  | - |  |  | 134,200 |  |  | 75,200 |  |  | - |  |  | - |  |  | 75,200
Other intangibles - finite (1) |  |  | 40,251 |  |  | - |  |  | (14,826) |  |  | 25,425 |  |  | 15,448 |  |  | - |  |  | (12,916) |  |  | 2,532
Total Housewares |  |  | 456,516 |  |  | - |  |  | (14,826) |  |  | 441,690 |  |  | 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 |  |  | - |  |  | (15,045) |  |  | 255 |  |  | 15,300 |  |  | - |  |  | (12,750) |  |  | 2,550
Licenses - indefinite |  |  | 7,400 |  |  | - |  |  | - |  |  | 7,400 |  |  | 7,400 |  |  | - |  |  | - |  |  | 7,400
Other intangibles - finite |  |  | 116,862 |  |  | - |  |  | (63,244) |  |  | 53,618 |  |  | 116,575 |  |  | - |  |  | (54,913) |  |  | 61,662
Total Health & Home |  |  | 478,475 |  |  | - |  |  | (78,289) |  |  | 400,186 |  |  | 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 |  |  | - |  |  | (15,144) |  |  | 29,036 |  |  | 44,180 |  |  | - |  |  | (10,431) |  |  | 33,749
Total Nutritional Supplements |  |  | 201,309 |  |  | - |  |  | (15,144) |  |  | 186,165 |  |  | 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 |  |  | - |  |  | (91) |  |  | 59 |  |  | 150 |  |  | - |  |  | (87) |  |  | 63
Licenses - finite |  |  | 13,696 |  |  | - |  |  | (11,770) |  |  | 1,926 |  |  | 13,696 |  |  | - |  |  | (11,532) |  |  | 2,164
Licenses - indefinite |  |  | 10,300 |  |  | - |  |  | - |  |  | 10,300 |  |  | 10,300 |  |  | - |  |  | - |  |  | 10,300
Other intangibles - finite |  |  | 46,402 |  |  | - |  |  | (38,593) |  |  | 7,809 |  |  | 46,402 |  |  | - |  |  | (34,545) |  |  | 11,857
Total Beauty |  |  | 198,743 |  |  | (46,490) |  |  | (50,454) |  |  | 101,799 |  |  | 201,143 |  |  | (46,490) |  |  | (46,164) |  |  | 108,489
Total goodwill and intangible assets |  | $ | 1,335,043 |  | $ | (46,490) |  | $ | (158,713) |  | $ | 1,129,840 |  | $ | 1,142,420 |  | $ | (46,490) |  | $ | (137,174) |  | $ | 958,756
| (1) |  | Includes goodwill of $115.93 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
November 30, 2016 |  | $ | 7,199
November 30, 2015 |  | $ | 6,861
Aggregate Amortization Expense |  |  |
For the nine months ended
November 30, 2016 |  | $ | 21,625
November 30, 2015 |  | $ | 20,883
Schedule of estimated amortization expense of intangible assets (in thousands) |
Estimated Amortization Expense |  |  |
For the fiscal years ended
February 2017 |  | $ | 28,289
February 2018 |  | $ | 24,972
February 2019 |  | $ | 20,398
February 2020 |  | $ | 19,083
February 2021 |  | $ | 16,501
February 2022 |  | $ | 6,007

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration