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Goodwill and Intangible Assets (Tables)

9 Months Ended

Nov. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of carrying amounts and associated accumulated amortization for all intangible assets by operating segment

The following table summarizes the carrying amounts and accumulated amortization for all intangible assets by segment as of the end of the periods presented:

	November 30, 2019																February 28, 2019
(in thousands)	Gross Carrying Amount				Cumulative Goodwill Impairments				Accumulated Amortization				Net Book Value				Gross Carrying Amount				Cumulative Goodwill Impairments				Accumulated Amortization				Net Book Value
Housewares:
Goodwill	$	282,056			$	—			$	—			$	282,056			$	282,056			$	—			$	—			$	282,056
Trademarks - indefinite	134,200				—				—				134,200				134,200				—				—				134,200
Other intangibles - finite	41,846				—				(20,881		)		20,965				41,417				—				(19,398		)		22,019
Subtotal	458,102				—				(20,881		)		437,221				457,673				—				(19,398		)		438,275
Health & Home:
Goodwill	284,913				—				—				284,913				284,913				—				—				284,913
Trademarks - indefinite	54,000				—				—				54,000				54,000				—				—				54,000
Licenses - finite	17,050				—				(15,665		)		1,385				17,050				—				(15,402		)		1,648
Licenses - indefinite	7,400				—				—				7,400				7,400				—				—				7,400
Other intangibles - finite	118,139				—				(95,776		)		22,363				117,967				—				(87,953		)		30,014
Subtotal	481,502				—				(111,441		)		370,061				481,330				—				(103,355		)		377,975
Beauty:
Goodwill	81,841				(46,490		)		—				35,351				81,841				(46,490		)		—				35,351
Trademarks - indefinite	—				—				—				—				30,407				—				—				30,407
Trademarks - finite	30,557				—				(3,347		)		27,210				150				—				(102		)		48
Licenses - indefinite	10,300				—				—				10,300				10,300				—				—				10,300
Licenses - finite	13,696				—				(12,721		)		975				13,696				—				(12,482		)		1,214
Other intangibles - finite	46,402				—				(46,172		)		230				46,402				—				(46,126		)		276
Subtotal	182,796				(46,490		)		(62,240		)		74,066				182,796				(46,490		)		(58,710		)		77,596
Total	$	1,122,400			$	(46,490	)		$	(194,562	)		$	881,348			$	1,121,799			$	(46,490	)		$	(181,463	)		$	893,846

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 condensed consolidated statements of income for the periods shown below, as well as our estimated amortization expense for fiscal 2020 through 2025:

Aggregate Amortization Expense
For the three months ended (in thousands)
November 30, 2019	$	4,790
November 30, 2018	3,300

Aggregate Amortization Expense
For the nine months ended (in thousands)
November 30, 2019	$	13,129
November 30, 2018	10,822

Schedule of estimated amortization expense of intangible assets

Estimated Amortization Expense (in thousands)
Fiscal 2020	$	17,557
Fiscal 2021	16,437
Fiscal 2022	9,530
Fiscal 2023	9,261
Fiscal 2024	7,386
Fiscal 2025	6,854

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- Definition

Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life.

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Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
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-Publisher FASB
-Name Accounting Standards Codification
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