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Discontinued Operations | 6 Months Ended
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Aug. 31, 2018
Discontinued Operations and Disposal Groups [Abstract] |
Discontinued Operations | Discontinued Operations On December 20, 2017, we completed the divestiture of the Nutritional Supplements segment through the sale of Healthy Directions LLC and its subsidiaries to Direct Digital, LLC. The purchase price from the sale is comprised of $46.0 million in cash, which was paid at closing, and a supplemental payment with a target value of $25.0 million, payable on or before August 1, 2019. The final amount of the supplemental payment may be adjusted up or down based on the performance of Healthy Directions through February 28, 2018. In conjunction with the sale of the business, we have agreed to provide certain transition services for up to an eighteen-month period following the closing of the transaction. There were no balance sheet amounts related to discontinued operations for either period presented. The results of operations associated with discontinued operations are presented in the following tables:
| Three Months Ended August 31, |  | Six Months Ended August 31,
(in thousands) | 2018 |  | 2017 |  | 2018 |  | 2017
Sales revenue, net | $ | — |  |  | $ | 31,257 |  |  | $ | — |  |  | $ | 62,876 |
Cost of goods sold | — |  |  | 9,056 |  |  | — |  |  | 18,292 |
Gross profit | — |  |  | 22,201 |  |  | — |  |  | 44,584 |
Selling, general and administrative expense ("SG&A") | — |  |  | 23,730 |  |  | — |  |  | 47,930 |
Asset impairment charges (1) | — |  |  | 18,070 |  |  | — |  |  | 50,070 |
Operating loss | — |  |  | (19,599 | ) |  | — |  |  | (53,416 | )
Gain (loss) on sale before income tax (2) | — |  |  | — |  |  | (484 | ) |  | — |
Interest expense | — |  |  | (115 | ) |  | — |  |  | (229 | )
Loss before income tax | — |  |  | (19,714 | ) |  | (484 | ) |  | (53,645 | )
Income tax benefit (expense) | — |  |  | (5,925 | ) |  | 103 |  |  | 6,566 |
Loss from discontinued operations | $ | — |  |  | $ | (25,639 | ) |  | $ | (381 | ) |  | $ | (47,079 | )
(1) | Includes pre-tax non-cash asset impairment charges consisting of $26.0 million to goodwill and $6.0 million to indefinite-lived brand assets.
(2) | Includes adjustments recorded in the first quarter of fiscal 2019 to the initial estimated gain on sale before income tax recorded in the fourth quarter of fiscal 2018.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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