Restructuring Plan (Tables)

3 Months Ended

May 31, 2023

Restructuring and Related Activities [Abstract]

Summary of restructuring charges recorded

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

	Three Months Ended May 31, 2023						Total Incurred Since Inception
(in thousands)	Home & Outdoor		Beauty & Wellness		Total
Severance and employee related costs	$	484	$	408	$	892	$	10,345
Professional fees	2,269		3,357		5,626		22,375
Contract termination	—		688		688		1,223
Other	37		112		149		774
Total restructuring charges	$	2,790	$	4,565	$	7,355	$	34,717

Rollforward of restructuring reserve

The table below presents 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 28, 2023		Charges		Payments		Balance at May 31, 2023
Severance and employee related costs	$	3,173	$	892	$	(2,316)	$	1,749
Professional fees	3,201		5,626		(6,026)		2,801
Contract termination	160		688		(848)		—
Other	34		149		(183)		—
Total	$	6,568	$	7,355	$	(9,373)	$	4,550