XML 34 R23.htm IDEA: XBRL DOCUMENT v3.21.2
Subsequent Events
3 Months Ended
May 31, 2021
Subsequent Events [Abstract]  
Subsequent Events
Note 16 - Subsequent Events

Divestiture of Personal Care Business

On June 7, 2021, we completed the sale of our Personal Care business, not including the Latin America and Caribbean regions, to HRB Brands LLC, for $44.7 million in cash. The sale also includes an option that provides HRB Brands LLC the right to purchase the Latin America and Caribbean Personal Care businesses no later than the end of fiscal 2022, subject to meeting certain agreed-upon conditions. The carrying amount of the identified assets and liabilities within the disposal group were classified as held for sale as of May 31, 2021. The transaction is not reflected in our condensed consolidated financial statements as of and for the period ended May 31, 2021. See Note 3 for additional information.