Segment Information

9 Months Ended

Nov. 30, 2017

Segment Information

Segment Information

Note 14 – Segment Information

The following tables present segment information for the periods shown:

THREE MONTHS ENDED

(in thousands)					Nutritional
November 30, 2017	Housewares		Health & Home		Supplements		Beauty		Total
Sales revenue, net	$	128,017	$	190,975	$	29,336	$	104,717	$	453,045
Asset impairment charges		-		-		82,227		-		82,227
Restructuring charges		-		-		118		1,165		1,283
Operating income (loss)		29,982		27,897		(83,521)		10,012		(15,630)
Capital and intangible asset expenditures		565		171		1,802		502		3,040
Depreciation and amortization		1,444		4,232		2,374		2,710		10,760

					Nutritional
November 30, 2016	Housewares		Health & Home		Supplements		Beauty		Total
Sales revenue, net	$	124,723	$	179,842	$	32,163	$	107,686	$	444,414
Asset impairment charges		-		-		-		-		-
Restructuring 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

NINE MONTHS ENDED

(in thousands)					Nutritional
November 30, 2017	Housewares(1)		Health & Home		Supplements		Beauty		Total
Sales revenue, net	$	341,165	$	489,102	$	92,212	$	268,633	$	1,191,112
Asset impairment charges		-		-		132,297		4,000		136,297
Restructuring charges		-		-		118		1,165		1,283
Operating income (loss)		71,601	$	50,187	$	(138,413)	$	17,869		1,244
Capital and intangible asset expenditures		1,166		1,381		14,561		2,746		19,854
Depreciation and amortization		4,290		12,553		7,223		8,296		32,362

					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
Restructuring charges		-		-		-		-		-
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

_____________________

⁽¹⁾ The nine months ended November 30, 2017 includes a full nine months of operating results for Hydro Flask compared to eight and one-half months for the nine months ended November 30, 2016.

We compute segment operating income based on net sales revenue, less cost of goods sold, SG&A, restructuring charges, and any asset impairment charges associated with the segment. The SG&A used to compute each segment’s operating income (loss) 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.