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Segment and Geographic Information
12 Months Ended
Feb. 28, 2021
Segment Reporting [Abstract]  
Segment and Geographic Information
Note 19 - Segment and Geographic Information

Segment Information

The following tables summarize segment information included in continuing operations for the periods presented:

Fiscal Year Ended February 28, 2021
(in thousands)HousewaresHealth & HomeBeauty (1)Total
Sales revenue, net$727,354 $890,191 $481,254 $2,098,799 
Asset impairment charges  8,452 8,452 
Restructuring charges249 (6)107 350 
Operating income122,487 94,103 64,898 281,488 
Capital and intangible asset expenditures10,369 12,854 75,445 98,668 
Depreciation and amortization9,333 15,453 12,932 37,718 

Fiscal Year Ended February 29, 2020
(in thousands)Housewares Health & HomeBeauty (1)Total
Sales revenue, net$640,965 $685,397 $381,070 $1,707,432 
Asset impairment charges— — 41,000 41,000 
Restructuring charges1,351 93 1,869 3,313 
Operating income (loss)123,135 68,166 (13,050)178,251 
Capital and intangible asset expenditures10,602 5,853 1,304 17,759 
Depreciation and amortization7,298 16,113 13,998 37,409 
Fiscal Year Ended February 28, 2019
(in thousands)HousewaresHealth & HomeBeautyTotal
Sales revenue, net$523,807 $695,217 $345,127 1,564,151 
Restructuring charges926 686 1,974 3,586 
Operating income100,743 68,448 30,188 199,379 
Capital and intangible asset expenditures16,023 8,508 1,854 26,385 
Depreciation and amortization6,048 17,058 6,821 29,927 

(1)Fiscal 2020 includes approximately five weeks of operating results from Drybar Products, acquired on January 23, 2020, and fiscal 2021 includes a full year of operating results. For additional information see Note 8 to the accompanying consolidated financial statements.

We compute segment operating income (loss) based on net sales revenue, less cost of goods sold, SG&A, restructuring charges, and any asset impairment charges associated with the segment. The SG&A used to compute each segment’s operating income is directly associated with the segment, plus shared service and corporate overhead expenses that are allocable to the segment. We do not allocate non-operating income and expense, including interest or income taxes, to operating segments. Our chief operating decision maker reviews balance sheet information at a consolidated level.

Geographic Information

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

 Fiscal Years Ended Last Day of February,
(in thousands)202120202019
U.S.$1,666,324 79.4 %$1,357,345 79.5 %$1,221,806 78.1 %
Canada92,150 4.4 %71,417 4.2 %66,855 4.3 %
EMEA183,398 8.7 %138,858 8.1 %143,024 9.1 %
Asia Pacific118,000 5.6 %99,378 5.8 %90,073 5.8 %
Latin America38,927 1.9 %40,434 2.4 %42,393 2.7 %
Total sales revenue, net$2,098,799 100.0 %$1,707,432 100.0 %$1,564,151 100.0 %

Worldwide sales to our largest customer, Amazon.com Inc., accounted for approximately 20%, 18% and 16% of our consolidated net sales revenue in fiscal 2021, 2020 and 2019, respectively. Sales to our second largest customer, Walmart, Inc. (including worldwide affiliates) accounted for approximately 13%, 14% and 16% of our consolidated net sales revenue in fiscal 2021, 2020 and 2019, respectively. Sales to our third largest customer, Target Corporation, accounted for approximately 11%, 9% and 10% of our consolidated net sales revenue in fiscal 2021, 2020, and 2019, respectively. No other customers accounted for 10% or more of consolidated net sales revenue during these fiscal years. Sales to our top five customers accounted for approximately 52%, 50% and 51% of our consolidated net sales revenue in fiscal 2021, 2020 and 2019, respectively. Sales to these largest customers include sales across all of our business segments.
Our domestic and international long-lived assets were as follows:

 Fiscal Years Ended Last Day of February,
(in thousands)202120202019
U.S.$145,798 $147,806 $117,572 
International:   
Barbados18,254 11,969 9,019 
Other international5,016 4,977 3,747 
Subtotal23,270 16,946 12,766 
Total$169,068 $164,752 $130,338 

The table above classifies assets based upon the country where we hold legal title. Long-lived assets included in the table above include property and equipment and operating lease assets.