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Segment and Geographic Information (Tables) | 12 Months Ended
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Feb. 29, 2024
Segment Reporting [Abstract] |
Schedule of segment information | The following tables summarize segment information for the periods presented:
| Fiscal Year Ended February 29, 2024
(in thousands) | Home & Outdoor (1) |  |  |  |  |  | Beauty & Wellness (2) |  | Total
Sales revenue, net | $ | 916,381 |  |  |  |  |  |  | $ | 1,088,669 |  |  | $ | 2,005,050 |
Restructuring charges | 5,144 |  |  |  |  |  |  | 13,568 |  |  | 18,712 |
Operating income | 142,732 |  |  |  |  |  |  | 117,857 |  |  | 260,589 |
Capital and intangible asset expenditures | 28,012 |  |  |  |  |  |  | 8,632 |  |  | 36,644 |
Depreciation and amortization | 24,595 |  |  |  |  |  |  | 26,904 |  |  | 51,499 |
| 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 |
(1)Fiscal 2024 and 2023 include a full year of operating results from Osprey, acquired on December 29, 2021, compared to approximately nine weeks of operating results in fiscal 2022. For additional information see Note 6. (2)Fiscal 2024 includes a full year of operating results from Curlsmith, acquired on April 22, 2022, compared to approximately forty-five weeks of operating results in fiscal 2023. For additional information see Note 6.
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) | 2024 |  | 2023 |  | 2022 |  |  |  |  |  |  |
U.S. | $ | 1,478,134 |  |  | 73.7 | % |  | $ | 1,538,852 |  |  | 74.2 | % |  | $ | 1,738,099 |  |  | 78.2 | % |  |  |  |  |  |  |
Canada | 82,122 |  |  | 4.1 | % |  | 108,416 |  |  | 5.2 | % |  | 101,617 |  |  | 4.6 | % |  |  |  |  |  |  |
EMEA | 284,434 |  |  | 14.2 | % |  | 268,153 |  |  | 13.0 | % |  | 214,583 |  |  | 9.6 | % |  |  |  |  |  |  |
Asia Pacific | 116,157 |  |  | 5.8 | % |  | 115,626 |  |  | 5.6 | % |  | 109,750 |  |  | 4.9 | % |  |  |  |  |  |  |
Latin America | 44,203 |  |  | 2.2 | % |  | 41,620 |  |  | 2.0 | % |  | 59,306 |  |  | 2.7 | % |  |  |  |  |  |  |
Total sales revenue, net | $ | 2,005,050 |  |  | 100.0 | % |  | $ | 2,072,667 |  |  | 100.0 | % |  | $ | 2,223,355 |  |  | 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) | 2024 |  | 2023 |  | 2022
U.S. | $ | 344,361 |  |  | $ | 357,577 |  |  | $ | 213,505 |
International | 28,247 |  |  | 32,967 |  |  | 29,632 |
Total | $ | 372,608 |  |  | $ | 390,544 |  |  | $ | 243,137 |

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