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Segment Information | 9 Months Ended
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Nov. 30, 2022
Segment Reporting [Abstract] |
Segment Information | Note 14 - Segment Information As of November 30, 2022, we operated three reportable segments consisting of Home & Outdoor, Health & Wellness and Beauty. During the fourth quarter of fiscal 2023, we made changes to the structure of our organization in connection with our global restructuring plan (as further described in Note 8) that resulted in the Health & Wellness and Beauty operating segments being combined into a single reportable segment, which will be referred to as “Beauty & Wellness.” In connection with these organizational structure changes, corresponding changes were made to how our business is managed, how results are reported internally and to how our CEO, our chief operating decision maker, assesses performance and allocates resources. We believe that these changes better align internal resources and external go to market activities in order to create a more efficient and effective organizational structure. There were no changes to the products or brands included within our Home & Outdoor reportable segment as part of these organizational changes nor to the way in which our CEO assesses performance and allocates resources for the Home & Outdoor segment. Therefore, beginning with our fiscal 2023 Form 10-K, our future disclosures will reflect two reportable segments, Home & Outdoor and Beauty & Wellness, and we will recast the prior period segment information to conform to the change in the composition of these reportable segments. Accordingly, our external reportable segments will continue to align with our internal reporting to enable users of the financial statements to better understand our performance, better assess our prospects for future net cash flows, and make more informed judgements about the Company as a whole. The following tables summarize segment information for the periods presented:
| Three Months Ended November 30, 2022
(in thousands) | Home & Outdoor |  | Health & Wellness |  | Beauty |  | Total
Sales revenue, net | $ | 228,937 |  |  | $ | 180,483 |  |  | $ | 149,186 |  |  | $ | 558,606 |
Restructuring charges | 5,090 |  |  | 2,893 |  |  | 2,480 |  |  | 10,463 |
Operating income | 30,847 |  |  | 21,257 |  |  | 25,089 |  |  | 77,193 |
Capital and intangible asset expenditures | 28,788 |  |  | 3,830 |  |  | 941 |  |  | 33,559 |
Depreciation and amortization | 4,716 |  |  | 3,446 |  |  | 3,551 |  |  | 11,713 |
| Three Months Ended November 30, 2021
(in thousands) | Home & Outdoor |  | Health & Wellness |  | Beauty |  | Total
Sales revenue, net | $ | 246,135 |  |  | $ | 203,900 |  |  | $ | 174,849 |  |  | $ | 624,884 |
Restructuring charges | — |  |  | — |  |  | 5 |  |  | 5 |
Operating income | 43,239 |  |  | 13,573 |  |  | 33,228 |  |  | 90,040 |
Capital and intangible asset expenditures | 16,159 |  |  | 633 |  |  | 783 |  |  | 17,575 |
Depreciation and amortization | 2,894 |  |  | 2,529 |  |  | 3,218 |  |  | 8,641 |
| Nine Months Ended November 30, 2022
(in thousands) | Home & Outdoor |  | Health & Wellness |  | Beauty |  | Total
Sales revenue, net | $ | 703,759 |  |  | $ | 529,930 |  |  | $ | 354,395 |  |  | $ | 1,588,084 |
Restructuring charges | 5,562 |  |  | 6,447 |  |  | 3,232 |  |  | 15,241 |
Operating income | 102,722 |  |  | 12,505 |  |  | 42,851 |  |  | 158,078 |
Capital and intangible asset expenditures | 133,939 |  |  | 8,269 |  |  | 3,986 |  |  | 146,194 |
Depreciation and amortization | 13,704 |  |  | 9,279 |  |  | 10,347 |  |  | 33,330 |
| Nine Months Ended November 30, 2021
(in thousands) | Home & Outdoor |  | Health & Wellness |  | Beauty |  | Total
Sales revenue, net | $ | 654,997 |  |  | $ | 549,475 |  |  | $ | 436,863 |  |  | $ | 1,641,335 |
Restructuring charges | 369 |  |  | — |  |  | 11 |  |  | 380 |
Operating income | 112,303 |  |  | 29,616 |  |  | 80,247 |  |  | 222,166 |
Capital and intangible asset expenditures | 36,196 |  |  | 3,613 |  |  | 1,720 |  |  | 41,529 |
Depreciation and amortization | 8,257 |  |  | 7,879 |  |  | 9,946 |  |  | 26,082 |
The following table presents net sales revenue by geographic region, in U.S. Dollars:
| Three Months Ended November 30, |  | Nine Months Ended November 30,
(in thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
U.S. sales revenue, net | $ | 410,832 |  |  | 73.5 | % |  | $ | 496,666 |  |  | 79.5 | % |  | $ | 1,170,349 |  |  | 73.7 | % |  | $ | 1,271,102 |  |  | 77.4 | %
International sales revenue, net | 147,774 |  |  | 26.5 | % |  | 128,218 |  |  | 20.5 | % |  | 417,735 |  |  | 26.3 | % |  | 370,233 |  |  | 22.6 | %
Total sales revenue, net | $ | 558,606 |  |  | 100.0 | % |  | $ | 624,884 |  |  | 100.0 | % |  | $ | 1,588,084 |  |  | 100.0 | % |  | $ | 1,641,335 |  |  | 100.0 | %

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -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 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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