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Restructuring Plan (Tables)

9 Months Ended

Nov. 30, 2024

Restructuring and Related Activities [Abstract]

Schedule of restructuring charges recorded

The following tables summarize restructuring charges recorded as a result of Project Pegasus for the periods presented:

			Three Months Ended November 30, 2024
(in thousands)			Home & Outdoor																		Beauty & Wellness						Total
Severance and employee related costs			$	130																	$	489					$	619
Professional fees			59																		355						414
Contract termination			—																		1,747						1,747
Other			581																		157						738
Total restructuring charges			$	770																	$	2,748					$	3,518

			Three Months Ended November 30, 2023
(in thousands)			Home & Outdoor																		Beauty & Wellness						Total
Severance and employee related costs			$	109																	$	2,498					$	2,607
Professional fees			464																		794						1,258
Contract termination			—																		—						—
Other			10																		15						25
Total restructuring charges			$	583																	$	3,307					$	3,890

			Nine Months Ended November 30, 2024																		Total Incurred Since Inception
(in thousands)			Home & Outdoor						Beauty & Wellness						Total
Severance and employee related costs			$	820					$	2,155					$	2,975					$	18,251
Professional fees			327						940						1,267						28,144
Contract termination			—						1,747						1,747						3,078
Other			581						309						890						3,480
Total restructuring charges			$	1,728					$	5,151					$	6,879					$	52,953

			Nine Months Ended November 30, 2023
(in thousands)			Home & Outdoor						Beauty & Wellness						Total
Severance and employee related costs			$	680					$	3,407					$	4,087
Professional fees			3,915						5,870						9,785
Contract termination			—						796						796
Other			49						145						194
Total restructuring charges			$	4,644					$	10,218					$	14,862

Schedule of rollforward of restructuring reserve

The tables below present a rollforward of our accruals related to Project Pegasus, which are included in accounts payable and accrued expenses and other current liabilities:

(in thousands)			Balance at February 29, 2024						Charges						Payments						Balance at November 30, 2024
Severance and employee related costs			$	4,493					$	2,975					$	(5,885)					$	1,583
Professional fees			272						1,267						(1,303)						236
Contract termination			—						1,747						(1,735)						12
Other			—						890						(890)						—
Total			$	4,765					$	6,879					$	(9,813)					$	1,831

(in thousands)			Balance at February 28, 2023						Charges						Payments						Balance at November 30, 2023
Severance and employee related costs			$	3,173					$	4,087					$	(3,758)					$	3,502
Professional fees			3,201						9,785						(12,559)						427
Contract termination			160						796						(956)						—
Other			34						194						(228)						—
Total			$	6,568					$	14,862					$	(17,501)					$	3,929

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- References

No definition available.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4.b.2)
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-Name Accounting Standards Codification
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