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Discontinued Operations (Tables)
12 Months Ended
Feb. 28, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Summary of balance sheet and results of operations associated with discontinued operations
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 table:
 
Fiscal Years Ended February 28,
(in thousands)
2019
 
2018 (1)
 
2017
Sales revenue, net
$

 
$
99,013

 
$
130,543

Cost of goods sold

 
28,744

 
37,632

Gross profit

 
70,269

 
92,911

 
 
 
 
 
 
Selling, general and administrative expense ("SG&A")

 
72,419

 
88,742

Asset impairment charges (2)

 
132,297

 
9,500

Restructuring charges

 
621

 

Operating loss

 
(135,068
)
 
(5,331
)
 
 
 
 
 
 
Gain (loss) on sale before income tax
(7,257
)
 
1,624

 

Interest expense

 
(367
)
 
(497
)
Loss before income tax
(7,257
)
 
(133,811
)
 
(5,828
)
Income tax benefit
1,578

 
49,375

 
2,207

Loss from discontinued operations
$
(5,679
)
 
$
(84,436
)
 
$
(3,621
)
(1)
Fiscal 2018 includes approximately 9.6 months of operating results prior to the divestiture on December 20, 2017.
(2)
Impairment charges Includes goodwill impairment charges of $96.6 million and trademark impairment charges of $35.7 million during fiscal 2018 and trademark impairment charges of $9.5 million during fiscal 2017. Total after tax asset impairment charges were $83.5 million for fiscal 2018 and $5.9 million for fiscal 2017.