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Segment and Geographic Information (Tables)

12 Months Ended

Feb. 29, 2020

Segment Reporting [Abstract]

Schedule of segment information

The following table contains segment information included in continuing operations. 

SEGMENT INFORMATION

(in thousands)
Fiscal 2020	Housewares			Health & Home			Beauty (1)			Total
Sales revenue, net	$	640,965		$	685,397		$	381,070		$	1,707,432
Asset impairment charges	—			—			41,000			41,000
Restructuring charges	1,351			93			1,869			3,313
Operating income	123,135			68,166			(13,050		)	178,251
Identifiable assets (2)	723,491			652,390			528,002			1,903,883
Capital and intangible asset expenditures	10,602			5,853			1,304			17,759
Depreciation and amortization	7,298			16,113			13,998			37,409

(in thousands)
Fiscal 2019	Housewares			Health & Home			Beauty			Total
Sales revenue, net	$	523,807		$	695,217		$	345,127		$	1,564,151
Asset impairment charges	—			—			—			—
Restructuring charges	926			686			1,974			3,586
Operating income	100,743			68,448			30,188			199,379
Identifiable assets	698,519			686,335			264,481			1,649,335
Capital and intangible asset expenditures	16,023			8,508			1,854			26,385
Depreciation and amortization	6,048			17,058			6,821			29,927

(in thousands)
Fiscal 2018	Housewares			Health & Home			Beauty			Total
Sales revenue, net	$	459,004		$	674,062		$	345,779		1,478,845
Asset impairment charges	—			—			15,447			15,447
Restructuring charges	220			—			1,637			1,857
Operating income	89,319			62,099			17,644			169,062
Identifiable assets	664,622			675,627			283,468			1,623,717
Capital and intangible asset expenditures	8,537			3,716			1,352			13,605
Depreciation and amortization	5,825			16,750			11,155			33,730

(1) Includes approximately five weeks of operating results from the Drybar Products acquisition, which was completed on January 23, 2020.

(2)

Includes assets held for sale of $44,806 related to the Personal Care business in our Beauty segment (see Note 5)

Net sales by geographic region

ION

The following table provides net sales revenue by geographic region, in U.S. Dollars:

	Fiscal Years Ended Last Day of February,
(in thousands)	2020						2019 (1)						2018 (1)
Sales revenue, net by geographic region
United States	$	1,357,345		79.5	%		$	1,221,806		78.1	%		$	1,161,698		78.6	%
Canada	71,417			4.2	%		66,855			4.3	%		58,856			4.0	%
EMEA	138,858			8.1	%		143,024			9.1	%		143,668			9.7	%
Asia Pacific	99,378			5.8	%		90,073			5.8	%		75,376			5.1	%
Latin America	40,434			2.4	%		42,393			2.7	%		39,247			2.7	%
Total sales revenue, net	$	1,707,432		100	%		$	1,564,151		100	%		$	1,478,845		100	%

(1)

We adopted ASU 2014-09, Revenue of Contracts with Customers (Topic 606) in the first quarter of fiscal 2019 and have reclassified amounts in the prior year’s statements of income to conform to the current period’s presentation (see Note 3).

Schedule of domestic and international long-lived assets

Our domestic and international long-lived assets were as follows:

	Fiscal Years Ended Last Day of February,
(in thousands)	2020				2019				2018
United States	$	453,784			$	416,521			$	437,920
International:
Barbados	606,261				499,589				496,258
Other international	161,002				128,566				131,831
Subtotal	767,263				628,155				628,089
Total	$	1,221,047			$	1,044,676			$	1,066,009

X

- Definition

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