XML 50 R36.htm IDEA: XBRL DOCUMENT
v3.19.1

Goodwill and Intangible Assets (Tables) | 12 Months Ended
--- | ---
Feb. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of carrying amounts and associated accumulated amortization for all intangible assets by operating segment | The following tables summarize the changes in our goodwill and intangible assets by segment for fiscal 2019 and 2018:
|  |  | Balances at February 28, 2018 |  | Year Ended February 28, 2019 |  | Balances at February 28, 2019
(in thousands) | Weighted Average Life |  | Gross Carrying Amount | Cumulative Goodwill Impairments |  | Additions | Impairments | Retirement Adjustments |  | Gross Carrying Amount | Cumulative Goodwill Impairments | Accumulated Amortization | Net Book Value
Housewares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | $ | 282,056 |  | $ | — |  |  | $ | — |  | $ | — |  | $ | — |  |  | $ | 282,056 |  | $ | — |  | $ | — |  | $ | 282,056 |
Trademarks - indefinite |  |  | 134,200 |  | — |  |  | — |  | — |  | — |  |  | 134,200 |  | — |  | — |  | 134,200 |
Other intangibles - finite | 14.7 |  | 40,828 |  | — |  |  | 684 |  | — |  | (95 | ) |  | 41,417 |  | — |  | (19,398 | ) | 22,019 |
Subtotal |  |  | 457,084 |  | — |  |  | 684 |  | — |  | (95 | ) |  | 457,673 |  | — |  | (19,398 | ) | 438,275 |
Health & Home: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 284,913 |  | — |  |  | — |  | — |  | — |  |  | 284,913 |  | — |  | — |  | 284,913 |
Trademarks - indefinite |  |  | 54,000 |  | — |  |  | — |  | — |  | — |  |  | 54,000 |  | — |  | — |  | 54,000 |
Licenses - finite | 4.7 |  | 15,300 |  | — |  |  | 1,750 |  | — |  | — |  |  | 17,050 |  | — |  | (15,402 | ) | 1,648 |
Licenses - indefinite |  |  | 7,400 |  | — |  |  | — |  | — |  | — |  |  | 7,400 |  | — |  | — |  | 7,400 |
Other Intangibles - finite | 5.5 |  | 117,586 |  | — |  |  | 381 |  | — |  | — |  |  | 117,967 |  | — |  | (87,953 | ) | 30,014 |
Subtotal |  |  | 479,199 |  | — |  |  | 2,131 |  | — |  | — |  |  | 481,330 |  | — |  | (103,355 | ) | 377,975 |
Beauty: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | 81,841 |  | (46,490 | ) |  | — |  | — |  | — |  |  | 81,841 |  | (46,490 | ) | — |  | 35,351 |
Trademarks - indefinite |  |  | 30,407 |  | — |  |  | — |  | — |  | — |  |  | 30,407 |  | — |  | — |  | 30,407 |
Trademarks - finite | 9.6 |  | 150 |  | — |  |  | — |  | — |  | — |  |  | 150 |  | — |  | (102 | ) | 48 |
Licenses - indefinite |  |  | 10,300 |  | — |  |  | — |  | — |  | — |  |  | 10,300 |  | — |  | — |  | 10,300 |
Licenses - finite | 3.8 |  | 13,696 |  | — |  |  | — |  | — |  | — |  |  | 13,696 |  | — |  | (12,482 | ) | 1,214 |
Other intangibles - finite | 4.6 |  | 46,402 |  | — |  |  | — |  | — |  | — |  |  | 46,402 |  | — |  | (46,126 | ) | 276 |
Subtotal |  |  | 182,796 |  | (46,490 | ) |  | — |  | — |  | — |  |  | 182,796 |  | (46,490 | ) | (58,710 | ) | 77,596 |
Total |  |  | $ | 1,119,079 |  | $ | (46,490 | ) |  | $ | 2,815 |  | $ | — |  | $ | (95 | ) |  | $ | 1,121,799 |  | $ | (46,490 | ) | $ | (181,463 | ) | $ | 893,846 |
(in thousands) | Weighted Average Life (Years) |  | Balances at February 28, 2017 |  | Year Ended February 28, 2018 |  | Balances at February 28, 2018
| Gross Carrying Amount | Cumulative Goodwill Impairments |  | Additions | Impairments | Retirement Adjustments |  | Gross Carrying Amount | Cumulative Goodwill Impairments | Accumulated Amortization | Net Book Value
Housewares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  | $ | 282,056 |  | $ | — |  |  | $ | — |  | $ | — |  | $ | — |  |  | $ | 282,056 |  | $ | — |  | $ | — |  | $ | 282,056 |
Trademarks - indefinite |  |  | 134,200 |  | — |  |  | — |  | — |  | — |  |  | 134,200 |  | — |  | — |  | 134,200 |
Other intangibles - finite | 15.7 |  | 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 | 5.8 |  | 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 | 1.7 |  | 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 |
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 consolidated statements of income for fiscal 2019, 2018 and 2017, as well as estimated amortization expense for fiscal 2020 through 2024:
Aggregate Amortization Expense (in thousands) |
Fiscal 2019 | $ | 14,204 |
Fiscal 2018 | 18,854 |
Fiscal 2017 | 22,024 |
Schedule of estimated amortization expense of intangible assets |
Estimated Amortization Expense (in thousands) |  |
Fiscal 2020 | $ | 13,142 |
Fiscal 2021 | 10,563 |
Fiscal 2022 | 4,057 |
Fiscal 2023 | 3,986 |
Fiscal 2024 | 3,679 |

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&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://fasb.org/us-gaap/role/ref/legacyRef -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