XML 67 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Segments (Tables)
9 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Information about our Operating and Reportable Segments
The tables below summarize information about our reportable segments.
 
Three Months Ended December 31, 2018
(In thousands)
North American OTC
Healthcare

International OTC
Healthcare

Household
Cleaning

Consolidated
Total segment revenues*
$
216,776


$
24,638


$


$
241,414

Cost of sales
91,594


10,585




102,179

Gross profit
125,182


14,053




139,235

Advertising and promotion
30,316


4,188




34,504

Contribution margin
$
94,866


$
9,865


$


104,731

Other operating expenses
 




 


27,190

Operating income
 




 


77,541

Other expense
 




 


26,545

Income before income taxes








50,996

Provision for income taxes
 




 


12,829

Net income








$
38,167

* Intersegment revenues of $1.3 million were eliminated from the North American OTC Healthcare segment.

 
Nine Months Ended December 31, 2018
(In thousands)
North American OTC
Healthcare
 
International OTC
Healthcare
 
Household
Cleaning
 
Consolidated
Total segment revenues*
$
647,501


$
67,439


$
19,811


$
734,751

Cost of sales
272,754


28,079


16,588


317,421

Gross profit
374,747


39,360


3,223


417,330

Advertising and promotion
96,899


11,328


430


108,657

Contribution margin
$
277,848


$
28,032


$
2,793


308,673

Other operating expenses
 





 


87,721

Operating income
 





 


220,952

Other expense
 





 


79,977

Income before income taxes









140,975

Provision for income taxes
 





 


37,501

Net income









$
103,474

* Intersegment revenues of $5.6 million were eliminated from the North American OTC Healthcare segment.

 
Three Months Ended December 31, 2017
(In thousands)
North American OTC
Healthcare

International OTC
Healthcare

Household
Cleaning

Consolidated
Total segment revenues*
$
225,695


$
25,717


$
19,203


$
270,615

Cost of sales
95,164


10,511


17,266


122,941

Gross profit
130,531


15,206


1,937


147,674

Advertising and promotion
30,794


4,544


497


35,835

Contribution margin
$
99,737


$
10,662


$
1,440


111,839

Other operating expenses
 




 


27,949

Operating income
 




 


83,890

Other expense
 




 


26,251

Income before income taxes








57,639

Benefit for income taxes
 




 


(257,154
)
Net income








$
314,793


* Intersegment revenues of $1.9 million were eliminated from the North American OTC Healthcare segment.

 
Nine Months Ended December 31, 2017
(In thousands)
North American OTC
Healthcare
 
International OTC
Healthcare
 
Household
Cleaning
 
Consolidated
Total segment revenues*
$
656,812


$
67,572


$
60,830


$
785,214

Cost of sales
268,849


29,757


51,360


349,966

Gross profit
387,963


37,815


9,470


435,248

Advertising and promotion
98,666


11,827


1,474


111,967

Contribution margin
$
289,297


$
25,988


$
7,996


323,281

Other operating expenses
 




 


84,711

Operating income
 




 


238,570

Other expense
 




 


78,922

Income before income taxes








159,648

Benefit for income taxes
 




 


(219,609
)
Net income








$
379,257

* Intersegment revenues of $5.6 million were eliminated from the North American OTC Healthcare segment.
Information about our Revenues from Similar Product Groups
The tables below summarize information about our segment revenues from similar product groups.
 
Three Months Ended December 31, 2018
(In thousands)
North American OTC
Healthcare
 
International OTC
Healthcare
 
Household
Cleaning
 
Consolidated
Analgesics
$
29,325

 
$
136

 
$

 
$
29,461

Cough & Cold
27,137

 
4,584

 

 
31,721

Women's Health
60,946

 
3,306

 

 
64,252

Gastrointestinal
30,737

 
10,321

 

 
41,058

Eye & Ear Care
23,352

 
3,164

 

 
26,516

Dermatologicals
21,508

 
470

 

 
21,978

Oral Care
22,177

 
2,656

 

 
24,833

Other OTC
1,594

 
1

 

 
1,595

Household Cleaning

 

 

 

Total segment revenues
$
216,776

 
$
24,638

 
$

 
$
241,414


 
Nine Months Ended December 31, 2018
(In thousands)
North American OTC
Healthcare
 
International OTC
Healthcare
 
Household
Cleaning
 
Consolidated
Analgesics
$
86,221

 
$
418

 
$

 
$
86,639

Cough & Cold
63,843

 
15,489

 

 
79,332

Women's Health
186,037

 
8,833

 

 
194,870

Gastrointestinal
94,065

 
24,261

 

 
118,326

Eye & Ear Care
73,669

 
8,778

 

 
82,447

Dermatologicals
71,968

 
1,607

 

 
73,575

Oral Care
67,516

 
8,050

 

 
75,566

Other OTC
4,182

 
3

 

 
4,185

Household Cleaning

 

 
19,811

 
19,811

Total segment revenues
$
647,501

 
$
67,439

 
$
19,811

 
$
734,751

 
Three Months Ended December 31, 2017
(In thousands)
North American OTC
Healthcare
 
International OTC
Healthcare
 
Household
Cleaning
 
Consolidated
Analgesics
$
31,293

 
$
160

 
$

 
$
31,453

Cough & Cold
28,761

 
4,331

 

 
33,092

Women's Health
63,107

 
2,940

 

 
66,047

Gastrointestinal
29,392

 
11,251

 

 
40,643

Eye & Ear Care
21,631

 
3,205

 

 
24,836

Dermatologicals
22,736

 
562

 

 
23,298

Oral Care
27,144

 
3,267

 

 
30,411

Other OTC
1,631

 
1

 

 
1,632

Household Cleaning

 

 
19,203

 
19,203

Total segment revenues
$
225,695

 
$
25,717

 
$
19,203

 
$
270,615

 
Nine Months Ended December 31, 2017
(In thousands)
North American OTC
Healthcare
 
International OTC
Healthcare
 
Household
Cleaning
 
Consolidated
Analgesics
$
89,931

 
$
709

 
$

 
$
90,640

Cough & Cold
67,738

 
13,603

 

 
81,341

Women's Health
187,688

 
8,440

 

 
196,128

Gastrointestinal
88,145

 
25,123

 

 
113,268

Eye & Ear Care
69,437

 
8,850

 

 
78,287

Dermatologicals
72,688

 
1,587

 

 
74,275

Oral Care
77,026

 
9,256

 

 
86,282

Other OTC
4,159

 
4

 

 
4,163

Household Cleaning

 

 
60,830

 
60,830

Total segment revenues
$
656,812

 
$
67,572

 
$
60,830

 
$
785,214


Information about our Segment Revenues by Geographic Area
Our total segment revenues by geographic area are as follows:
 
Three Months Ended December 31,
 
Nine Months Ended December 31,
 
2018
 
2017
 
2018
 
2017
United States
$
204,943


$
232,583

 
$
632,183


$
682,928

Rest of world
36,471


38,032

 
102,568


102,286

Total
$
241,414


$
270,615

 
$
734,751


$
785,214

Information about our Consolidated Goodwill and Intangible Assets Allocated to Reportable Segments
Our consolidated goodwill and intangible assets have been allocated to the reportable segments as follows:
December 31, 2018
North American OTC
Healthcare
 
International OTC
Healthcare
 
Household
Cleaning
 
Consolidated
(In thousands)
 
 
 
 
 
 
 
Goodwill
$
580,934

 
$
31,022

 
$

 
$
611,956

 
 
 
 
 
 
 
 
Intangible assets
 
 
 
 
 
 
 

Indefinite-lived
2,375,735

 
77,085

 

 
2,452,820

Finite-lived, net
249,637

 
5,368

 

 
255,005

Intangible assets, net
2,625,372

 
82,453

 

 
2,707,825

Total
$
3,206,306

 
$
113,475

 
$

 
$
3,319,781



March 31, 2018
North American OTC
Healthcare
 
International OTC
Healthcare
 
Household
Cleaning
 
Consolidated
(In thousands)
 
 
 
 
 
 
 
Goodwill
$
580,934


$
32,919


$
6,245


$
620,098

 










Intangible assets








 

Indefinite-lived
2,375,736

 
84,006

 
30,561

 
2,490,303

Finite-lived, net
265,356

 
6,068

 
19,189

 
290,613

Intangible assets, net
2,641,092

 
90,074

 
49,750

 
2,780,916

Total
$
3,222,026

 
$
122,993

 
$
55,995

 
$
3,401,014