XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Goodwill and Intangible Assets (Tables) | 6 Months Ended
--- | ---
Aug. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of carrying amounts and associated accumulated amortization for all intangible assets by operating segment | The following table summarizes the carrying amounts and accumulated amortization for all intangible assets by segment as of the end of the periods presented:
| August 31, 2018 |  | February 28, 2018
(in thousands) | Gross Carrying Amount |  | Cumulative Goodwill Impairments |  | Accumulated Amortization |  | Net Book Value |  | Gross Carrying Amount |  | Cumulative Goodwill Impairments |  | Accumulated Amortization |  | Net Book Value
Housewares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill | $ | 282,056 |  |  | $ | — |  |  | $ | — |  |  | $ | 282,056 |  |  | $ | 282,056 |  |  | $ | — |  |  | $ | — |  |  | $ | 282,056 |
Trademarks - indefinite | 134,200 |  |  | — |  |  | — |  |  | 134,200 |  |  | 134,200 |  |  | — |  |  | — |  |  | 134,200 |
Other intangibles - finite | 41,205 |  |  | — |  |  | (18,476 | ) |  | 22,729 |  |  | 40,828 |  |  | — |  |  | (17,530 | ) |  | 23,298 |
Subtotal | 457,461 |  |  | — |  |  | (18,476 | ) |  | 438,985 |  |  | 457,084 |  |  | — |  |  | (17,530 | ) |  | 439,554 |
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 |  |  | — |  |  | (15,300 | ) |  | — |  |  | 15,300 |  |  | — |  |  | (15,300 | ) |  | — |
Licenses - indefinite | 7,400 |  |  | — |  |  | — |  |  | 7,400 |  |  | 7,400 |  |  | — |  |  | — |  |  | 7,400 |
Other intangibles - finite | 117,636 |  |  | — |  |  | (82,536 | ) |  | 35,100 |  |  | 117,586 |  |  | — |  |  | (77,128 | ) |  | 40,458 |
Subtotal | 479,249 |  |  | — |  |  | (97,836 | ) |  | 381,413 |  |  | 479,199 |  |  | — |  |  | (92,428 | ) |  | 386,771 |
Beauty: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill | 81,841 |  |  | (46,490 | ) |  | — |  |  | 35,351 |  |  | 81,841 |  |  | (46,490 | ) |  | — |  |  | 35,351 |
Trademarks - indefinite | 30,407 |  |  | — |  |  | — |  |  | 30,407 |  |  | 30,407 |  |  | — |  |  | — |  |  | 30,407 |
Trademarks - finite | 150 |  |  | — |  |  | (100 | ) |  | 50 |  |  | 150 |  |  | — |  |  | (97 | ) |  | 53 |
Licenses - indefinite | 10,300 |  |  | — |  |  | — |  |  | 10,300 |  |  | 10,300 |  |  | — |  |  | — |  |  | 10,300 |
Licenses - finite | 13,696 |  |  | — |  |  | (12,324 | ) |  | 1,372 |  |  | 13,696 |  |  | — |  |  | (12,166 | ) |  | 1,530 |
Other intangibles - finite | 46,402 |  |  | — |  |  | (46,095 | ) |  | 307 |  |  | 46,402 |  |  | — |  |  | (45,133 | ) |  | 1,269 |
Subtotal | 182,796 |  |  | (46,490 | ) |  | (58,519 | ) |  | 77,787 |  |  | 182,796 |  |  | (46,490 | ) |  | (57,396 | ) |  | 78,910 |
Total | $ | 1,119,506 |  |  | $ | (46,490 | ) |  | $ | (174,831 | ) |  | $ | 898,185 |  |  | $ | 1,119,079 |  |  | $ | (46,490 | ) |  | $ | (167,354 | ) |  | $ | 905,235 |
Summary of amortization expense attributable to intangible assets | The following table summarizes the amortization expense attributable to intangible assets recorded in SG&A in the condensed consolidated statements of income for the periods shown below, as well as our estimated amortization expense for fiscal 2019 through 2024:
Aggregate Amortization Expense |
For the three months ended (in thousands)
August 31, 2018 | $ | 3,402 |
August 31, 2017 | 4,690 |
Aggregate Amortization Expense |
For the six months ended (in thousands)
August 31, 2018 | $ | 7,522 |
August 31, 2017 | 9,538 |
Schedule of estimated amortization expense of intangible assets |
Estimated Amortization Expense (in thousands) |
Fiscal 2019 | $ | 14,050 |
Fiscal 2020 | 13,121 |
Fiscal 2021 | 10,461 |
Fiscal 2022 | 4,049 |
Fiscal 2023 | 3,974 |
Fiscal 2024 | 3,665 |

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