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Discontinued Operations (Tables)
 9 Months Ended
Nov. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Summary of results of operations associated with discontinued operations
The results of operations associated with discontinued operations are presented in the following table:
 
Three Months Ended November 30,
 
Nine Months Ended November 30,
(in thousands)
2018
 
2017
 
2018
 
2017
Sales revenue, net
$
—

 
$
29,337

 
$
—

 
$
92,213

Cost of goods sold
—

 
8,568

 
—

 
26,860

Gross profit
—


20,769

 
—

 
65,353

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

 
21,394

 
—

 
69,324

Asset impairment charges (1)
—

 
82,227

 
—

 
132,297

Restructuring charges
—

 
118

 
—

 
118

Operating loss
—


(82,970
)
 
—

 
(136,386
)
 
 
 
 
 
 
 
 
Gain (loss) on sale before income tax (2)
(6,325
)
 
—

 
(6,809
)
 
—

Interest expense
—

 
(114
)
 
—

 
(343
)
Loss before income tax
(6,325
)
 
(83,084
)
 
(6,809
)
 
(136,729
)
 
 
 
 
 
 
 
 
Income tax benefit (expense)
1,475

 
(5,976
)
 
1,578

 
590

Loss from discontinued operations
$
(4,850
)

$
(89,060
)
 
$
(5,231
)
 
$
(136,139
)
 
 
 
 
 
 
 
 

(1)
Included pre-tax non-cash asset impairment charges consisting of $70.6 million to goodwill and $11.6 million to indefinite-lived brand assets for the three months ended November 30, 2017. Included pre-tax non-cash asset impairment charges consisting of $96.6 million to goodwill and $35.7 million to indefinite-lived brand assets for the nine months ended November 30, 2017.

(2)
Includes adjustments recorded during fiscal 2019 to the initial estimated gain on sale before income tax recorded in the fourth quarter of fiscal 2018.