XML 58 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1

Goodwill and Intangible Assets (Tables)

12 Months Ended

Feb. 28, 2018

Goodwill and Intangible Assets

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

				Balances at															Balances at
		Weighted		February 28, 2017						Year Ended February 28, 2018									February 28, 2018
		Average		Gross			Cumulative									Acquisition			Gross			Cumulative
		Life		Carrying			Goodwill									and Retirement			Carrying			Goodwill			Accumulated			Net Book
(in thousands)		(Years)		Amount			Impairments			Additions			Impairments			Adjustments			Amount			Impairments			Amortization			Value
Housewares:
Goodwill				$	282,056		$	-		$	-		$	-		$	-		$	282,056		$	-		$	-		$	282,056
Trademarks - indefinite					134,200			-			-			-			-			134,200			-			-			134,200
Other intangibles - finite		10.7			40,393			-			607						(173)			40,828			-			(17,530)			23,298
Subtotal					456,649			-			607			-			(173)			457,084			-			(17,530)			439,554
Health & Home:
Goodwill					284,913			-			-			-			-			284,913			-			-			284,913
Trademarks - indefinite					54,000			-			-			-			-			54,000			-			-			54,000
Licenses - finite					15,300			-			-			-			-			15,300			-			(15,300)			-
Licenses - indefinite					7,400			-			-			-			-			7,400			-			-			7,400
Other Intangibles - finite		4.0			116,982			-			605			-						117,586			-			(77,128)			40,458
Subtotal					478,595			-			605			-			-			479,199			-			(92,428)			386,771
Beauty:
Goodwill					81,841			(46,490)			-			-			-			81,841			(46,490)			-			35,351
Trademarks - indefinite					45,854			-			-			(15,447)			-			30,407			-			-			30,407
Trademarks - finite		10.6			150			-			-			-			-			150			-			(97)			53
Licenses - indefinite					10,300			-			-			-			-			10,300			-			-			10,300
Licenses - finite		4.8			13,696			-			-			-			-			13,696			-			(12,166)			1,530
Other intangibles - finite		0.2			46,402			-			-			-			-			46,402			-			(45,133)			1,269
Subtotal					198,243			(46,490)			-			(15,447)			-			182,796			(46,490)			(57,396)			78,910
Total				$	1,133,487		$	(46,490)		$	1,212		$	(15,447)		$	(173)		$	1,119,079		$	(46,490)		$	(167,354)		$	905,235

				Year Ended															Year Ended
		Weighted		February 29, 2016						Year Ended February 28, 2017									February 28, 2017
		Average		Gross			Cumulative									Acquisition			Gross			Cumulative
		Life		Carrying			Goodwill									and Retirement			Carrying			Goodwill			Accumulated			Net Book
(in thousands)		(Years)		Amount			Impairments			Additions			Impairments			Adjustments			Amount			Impairments			Amortization			Value
Housewares:
Goodwill				$	166,132		$	-		$	116,053		$	-		$	(129)		$	282,056		$	-		$	-		$	282,056
Trademarks - indefinite					75,200			-			59,000			-			-			134,200			-			-			134,200
Other intangibles - finite		11.6			15,448			-			25,040			-			(95)			40,393			-			(15,476)			24,917
Subtotal					256,780			-			200,093			-			(224)			456,649			-			(15,476)			441,173
Health & Home:
Goodwill					284,913			-			-			-			-			284,913			-			-			284,913
Trademarks - indefinite					54,000			-			-			-			-			54,000			-			-			54,000
Licenses - finite					15,300			-			-			-			-			15,300			-			(15,300)			-
Licenses - indefinite					7,400			-			-			-			-			7,400			-			-			7,400
Other Intangibles - finite		5.0			116,575			-			472			-			(65)			116,982			-			(66,027)			50,955
Subtotal					478,188			-			472			-			(65)			478,595			-			(81,327)			397,268
Beauty:
Goodwill					81,841			(46,490)			-			-			-			81,841			(46,490)			-			35,351
Trademarks - indefinite					48,754			-			-			(2,900)			-			45,854			-			-			45,854
Trademarks - finite		11.6			150			-			-			-			-			150			-			(92)			58
Licenses - indefinite					10,300			-			-			-			-			10,300			-			-			10,300
Licenses - finite		5.8			13,696			-			-			-			-			13,696			-			(11,849)			1,847
Other intangibles - finite		1.2			46,402			-			-			-			-			46,402			-			(39,929)			6,473
Subtotal					201,143			(46,490)			-			(2,900)			-			198,243			(46,490)			(51,870)			99,883
Total				$	936,111		$	(46,490)		$	200,565		$	(2,900)		$	(289)		$	1,133,487		$	(46,490)		$	(148,673)		$	938,324

Summary of amortization expense attributable to intangible assets

Aggregate Amortization Expense (in thousands)
Fiscal 2018		$	18,854
Fiscal 2017		$	22,024
Fiscal 2016		$	21,514

Schedule of estimated amortization expense of intangible assets

Estimated Amortization Expense (in thousands)
Fiscal 2019		$	14,018
Fiscal 2020		$	12,428
Fiscal 2021		$	10,384
Fiscal 2022		$	4,078
Fiscal 2023		$	3,995

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