Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Feb. 29, 2024

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

HELEN OF TROY LIMITED AND SUBSIDIARIES

Schedule II - Valuation and Qualifying Accounts


(in thousands)	Beginning Balance		Additions (1)		Deductions (2)		Ending Balance
Allowance for credit losses:
Year Ended February 29, 2024	$	1,678	$	6,103	$	300	$	7,481
Year Ended February 28, 2023	$	843	$	1,798	$	963	$	1,678
Year Ended February 28, 2022	$	998	$	312	$	467	$	843
Deferred tax asset valuation allowance:
Year Ended February 29, 2024	$	10,706	$	8,338	$	—	$	19,044
Year Ended February 28, 2023	$	11,673	$	—	$	967	$	10,706
Year Ended February 28, 2022	$	15,021	$	—	$	3,348	$	11,673

(1)Additions to the allowance for credit losses represent periodic net charges to the provision for doubtful receivables, inclusive of any recoveries of receivables previously written off. The addition to the allowance for credit losses in fiscal 2024, includes a charge for uncollectible receivables due to the bankruptcy of Bed, Bath & Beyond. In fiscal 2024, the addition to the deferred tax asset valuation allowance was primarily due to net operating loss carryforwards recorded in fiscal 2024 as a result of the Bermuda corporate income tax enactment that are not expected to be recoverable partially offset by changes in estimates of the recoverability of deferred tax assets.

(2)Deductions to the allowance for credit losses represent uncollectible balances written off. Deductions to the deferred tax asset valuation allowance in fiscal 2023 and fiscal 2022 were primarily due to changes in deferred tax assets that are not expected to be recoverable.