Segment Information

9 Months Ended

Nov. 30, 2016

Segment Information

Segment Information

Note 5 – Segment Information

The following tables contain segment information for the periods covered below:

THREE MONTHS ENDED

(in thousands)

					Nutritional
November 30, 2016	Housewares (1)		Health & Home		Supplements		Beauty		Total
Sales revenue, net	$	124,723	$	179,842	$	32,163	$	107,686	$	444,414
Asset impairment charges		-		-		-		-		-
Operating income (loss)		29,223		20,155		(80)		14,021		63,319
Capital and intangible asset expenditures		1,100		1,492		1,558		624		4,774
Depreciation and amortization		1,429		5,221		2,108		2,467		11,225

					Nutritional
November 30, 2015	Housewares		Health & Home		Supplements		Beauty		Total
Sales revenue, net	$	87,816	$	186,418	$	37,492	$	133,777	$	445,503
Asset impairment charges		-		-		-		-		-
Operating income		15,536		18,072		3,034		18,991		55,633
Capital and intangible asset expenditures		406		4,734		865		467		6,472
Depreciation and amortization		1,065		5,281		1,956		2,417		10,719

(1) The three months ended November 30, 2016 includes three months of operating results of Hydro Flask, which was acquired on March 18, 2016. There were no comparable results in the same period last year. See Notes 8 and 9 to these consolidated condensed financial statements for further information regarding the acquisition.

NINE MONTHS ENDED

(in thousands)

					Nutritional
November 30, 2016	Housewares (1)		Health & Home		Supplements		Beauty		Total
Sales revenue, net	$	315,302	$	470,650	$	101,215	$	273,355	$	1,160,522
Asset impairment charges		-		-		5,000		2,400		7,400
Operating income (loss)		68,956		39,156		(6,581)		22,173		123,704
Capital and intangible asset expenditures		3,938		3,526		3,665		3,860		14,989
Depreciation and amortization		4,200		15,738		6,242		7,143		33,323

					Nutritional
November 30, 2015	Housewares		Health & Home		Supplements		Beauty		Total
Sales revenue, net	$	231,850	$	472,714	$	114,980	$	340,433	$	1,159,977
Asset impairment charges		-		-		-		3,000		3,000
Operating income		41,861		31,298		8,623		32,826		114,608
Capital and intangible asset expenditures		1,022		6,258		2,771		2,367		12,418
Depreciation and amortization		3,148		15,858		5,889		7,051		31,946

(1) The nine months ended November 30, 2016 includes approximately eight and a half months of operating results of Hydro Flask, which was acquired on March 18, 2016. There were no comparable results in the same period last year. See Notes 8 and 9 to these consolidated condensed financial statements for further information regarding the acquisition.

We compute segment operating income based on net sales revenue, less cost of goods sold, SG&A, and any asset impairment charges associated with the segment. The SG&A used to compute each segment’s operating income is directly associated with the segment, plus shared service and corporate overhead expenses that are allocable to the segment. We do not allocate nonoperating income and expense, including interest or income taxes, to operating segments.