XML 58 R45.htm IDEA: XBRL DOCUMENT v3.23.1

Segment and Geographic Information (Tables)

12 Months Ended

Feb. 28, 2023

Segment Reporting [Abstract]

Schedule of segment information

The following tables summarize segment information for the periods presented:

			Fiscal Year Ended February 28, 2023
(in thousands)			Home & Outdoor (1)																		Beauty & Wellness (2)						Total
Sales revenue, net			$	915,685																	$	1,156,982					$	2,072,667
Restructuring charges			8,689																		18,673						27,362
Operating income			134,053																		77,738						211,791
Capital and intangible asset expenditures			159,183																		15,681						174,864
Depreciation and amortization			18,364																		26,319						44,683

			Fiscal Year Ended February 28, 2022
(in thousands)			Home & Outdoor (1)																		Beauty & Wellness						Total
Sales revenue, net			$	865,844																	$	1,357,511					$	2,223,355
Restructuring charges			369																		11						380
Operating income			134,925																		137,625						272,550
Capital and intangible asset expenditures			67,732																		10,307						78,039
Depreciation and amortization			12,112																		23,717						35,829

			Fiscal Year Ended February 28, 2021
(in thousands)			Home & Outdoor																		Beauty & Wellness						Total
Sales revenue, net			$	727,354																	$	1,371,445					$	2,098,799
Asset impairment charges			—																		8,452						8,452
Restructuring charges			249																		101						350
Operating income			122,487																		159,001						281,488
Capital and intangible asset expenditures			10,369																		88,299						98,668
Depreciation and amortization			9,333																		28,385						37,718

(1)Fiscal 2022 includes approximately nine weeks of operating results from Osprey, acquired on December 29, 2021, and fiscal 2023 includes a full year of operating results. For additional information see Note 7 to the accompanying consolidated financial statements.

(2)Fiscal 2023 includes approximately forty-five weeks of operating results from Curlsmith, acquired on April 22, 2022. For additional information see Note 7 to the accompanying consolidated financial statements.

Net sales by geographic region

The following table presents net sales revenue by geographic region, in U.S. Dollars. Net sales are attributed to countries based on the customer's location.

			Fiscal Years Ended Last Day of February,
(in thousands)			2023												2022												2021
U.S.			$	1,538,852					74.2		%				$	1,738,099					78.2		%				$	1,666,324					79.4		%
Canada			108,416						5.2		%				101,617						4.6		%				92,150						4.4		%
EMEA			268,153						13.0		%				214,583						9.6		%				183,398						8.7		%
Asia Pacific			115,626						5.6		%				109,750						4.9		%				118,000						5.6		%
Latin America			41,620						2.0		%				59,306						2.7		%				38,927						1.9		%
Total sales revenue, net			$	2,072,667					100.0		%				$	2,223,355					100.0		%				$	2,098,799					100.0		%

Schedule of domestic and international long-lived assets

Our U.S. and international long-lived assets were as follows:

			Fiscal Years Ended Last Day of February,
(in thousands)			2023						2022						2021
U.S.			$	357,577					$	213,505					$	145,443
International			32,967						29,632						23,625
Total			$	390,544					$	243,137					$	169,068

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph b
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

+ Details

Name:	us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph a
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration