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Discontinued Operations | 12 Months Ended
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Feb. 29, 2020
Discontinued Operations and Disposal Groups [Abstract] |
Discontinued Operations | Note 6 - Discontinued Operations In December 2017, we completed the divestiture of the Nutritional Supplements segment through the sale of Healthy Directions LLC and its subsidiaries ("Healthy Directions") to Direct Digital, LLC. The purchase price from the sale was 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. During fiscal 2019, the final amount of the supplemental payment was adjusted to $10.8 million based on a settlement with respect to the calculation of the performance of Healthy Directions through February 28, 2018. The adjustment resulted in a corresponding pre-tax charge of $5.8 million ($4.4 million after tax) to discontinued operations. The supplemental payment of $10.8 million was received during the second quarter of fiscal 2020. Also, during fiscal 2019, we recorded an additional charge of $1.5 million ($1.3 million after tax) to discontinued operations, resulting from the resolution of certain contingencies. In conjunction with the sale of the business, we provided certain transition services that ceased during the second quarter of fiscal 2020. There were no balance sheet amounts related to discontinued operations at either balance sheet date presented. The results of operations associated with discontinued operations for fiscal 2020, 2019 and 2018 are presented in the following table:
(in thousands) |  | February 29, 2020 |  | February 28, 2019 |  | February 28, 2018 (1)
Sales revenue, net |  | $ | — |  |  | $ | — |  |  | $ | 99,013 |
Cost of goods sold |  | — |  |  | — |  |  | 28,744 |
Gross profit |  | — |  |  | — |  |  | 70,269 |
Selling, general and administrative expense ("SG&A") |  | — |  |  | — |  |  | 72,419 |
Asset impairment charges (2) |  | — |  |  | — |  |  | 132,297 |
Restructuring charges |  | — |  |  | — |  |  | 621 |
Operating loss |  | — |  |  | — |  |  | (135,068 | )
Gain (loss) on sale before income tax |  | — |  |  | (7,257 | ) |  | 1,624 |
Interest expense |  | — |  |  | — |  |  | (367 | )
Loss before income tax |  | — |  |  | (7,257 | ) |  | (133,811 | )
Income tax benefit |  | — |  |  | 1,578 |  |  | 49,375 |
Loss from discontinued operations |  | $ | — |  |  | $ | (5,679 | ) |  | $ | (84,436 | )
(1) | Fiscal 2018 included approximately 9.6 months of operating results prior to the divestiture on December 20, 2017.
(2) Impairment charges included goodwill impairment charges of $96.6 million and trademark impairment charges of $35.7 million during fiscal 2018. Total after tax asset impairment charges were $83.5 million for 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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