XML 57 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
Intangible Assets (Tables)
12 Months Ended
Mar. 31, 2017
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Reconciliation of the Activity Affecting Intangible Assets
A reconciliation of the activity affecting intangible assets, net for each of 2015, 2016, and 2017 is as follows:
 
Year Ended March 31, 2015
(In thousands)
Indefinite
Lived
Trademarks
 
Finite Lived
Trademarks and Customer Relationships
 
Totals
Gross Amount
 
 
 
 
 
Balance – March 31, 2014
$
1,273,878

 
$
204,740

 
$
1,478,618

Additions
673,180

 
124,774

 
797,954

Reclassifications
(46,506
)

46,506



Reductions
(9,548
)
 
(17,674
)
 
(27,222
)
Effects of foreign currency exchange rates
(17,600
)
 
(280
)
 
(17,880
)
Balance – March 31, 2015
$
1,873,404

 
$
358,066

 
$
2,231,470

 
 
 
 
 
 
Accumulated Amortization
 
 
 
 
 
Balance – March 31, 2014
$

 
$
83,801

 
$
83,801

Additions

 
12,995

 
12,995

Effects of foreign currency exchange rates

 
(26
)
 
(26
)
Balance – March 31, 2015
$

 
$
96,770

 
$
96,770

 
 
 
 
 
 
Intangibles, net – March 31, 2015
$
1,873,404

 
$
261,296

 
$
2,134,700

 
 
 
 
 
 
Intangible Assets, net by Reportable Segment:
 
 
 
 
 
North American OTC Healthcare
$
1,676,991

 
$
235,642

 
$
1,912,633

International OTC Healthcare
86,141

 
1,231

 
87,372

Household Cleaning
110,272

 
24,423

 
134,695

Intangible assets, net – March 31, 2015
$
1,873,404

 
$
261,296

 
$
2,134,700

 
Year Ended March 31, 2016
(In thousands)
Indefinite
Lived
Trademarks
 
Finite Lived
Trademarks and Customer Relationships
 
Totals
Gross Amount
 
 
 
 
 
Balance – March 31, 2015
$
1,873,404

 
$
358,066

 
$
2,231,470

Additions
179,800

 
26,900

 
206,700

Reclassifications
(32,918
)
 
32,918

 

Effects of foreign currency exchange rates
(240
)
 
(4
)
 
(244
)
Balance – March 31, 2016
$
2,020,046

 
$
417,880

 
$
2,437,926

 
 
 
 
 
 
Accumulated Amortization
 

 
 

 
 

Balance – March 31, 2015
$

 
$
96,770

 
$
96,770

Additions

 
18,430

 
18,430

Effects of foreign currency exchange rates

 
3

 
3

Balance – March 31, 2016
$

 
$
115,203

 
$
115,203

 
 
 
 
 
 
Intangibles, net – March 31, 2016
$
2,020,046

 
$
302,677

 
$
2,322,723

 
 
 
 
 
 
Intangible Assets, net by Reportable Segment:
 
 
 
 
 
North American OTC Healthcare
$
1,823,873

 
$
277,762

 
$
2,101,635

International OTC Healthcare
85,901

 
2,237

 
88,138

Household Cleaning
110,272

 
22,678

 
132,950

Intangible assets, net – March 31, 2016
$
2,020,046

 
$
302,677

 
$
2,322,723


 
Year Ended March 31, 2017
(In thousands)
Indefinite
Lived
Trademarks
 
Finite Lived
Trademarks and Customer Relationships
 
Totals
Gross Amount
 
 
 
 
 
Balance – March 31, 2016
$
2,020,046

 
$
417,880

 
$
2,437,926

Additions
648,700

 
98,900

 
747,600

Reclassifications
(2,064
)
 
2,064

 

Reductions
(77,248
)
 
(76,903
)
 
(154,151
)
Effects of foreign currency exchange rates
(279
)
 
(140
)
 
(419
)
Balance – March 31, 2017
$
2,589,155

 
$
441,801

 
$
3,030,956

 
 
 
 
 
 
Accumulated Amortization
 

 
 

 
 

Balance – March 31, 2016
$

 
$
115,203

 
$
115,203

Additions

 
19,753

 
19,753

Reductions

 
(7,610
)
 
(7,610
)
Effects of foreign currency exchange rates

 
(3
)
 
(3
)
Balance – March 31, 2017
$

 
$
127,343

 
$
127,343

 
 
 
 
 
 
Intangibles, net – March 31, 2017
$
2,589,155

 
$
314,458

 
$
2,903,613

 
 
 
 
 
 
Intangible Assets, net by Reportable Segment:
 
 
 
 
 
North American OTC Healthcare
$
2,404,336

 
$
287,056

 
$
2,691,392

International OTC Healthcare
83,558

 
6,468

 
90,026

Household Cleaning
101,261

 
20,934

 
122,195

Intangible assets, net – March 31, 2017
$
2,589,155

 
$
314,458

 
$
2,903,613

Schedule of Expected Amortization Expense
At March 31, 2017, finite-lived intangible assets are expected to be amortized over their estimated useful life, which ranges from a period of 10 to 30 years, and the estimated amortization expense for each of the five succeeding years and periods thereafter is as follows (in thousands):

Year Ending March 31,
 
2018
$
23,356

2019
23,356

2020
23,356

2021
22,933

2022
22,510

Thereafter
198,947

 
$
314,458