| Schedule of Reconciliation of the Activity Affecting Intangible Assets |
A reconciliation of the activity affecting intangible assets, net for each of 2026 and 2025 is as follows: | | | | | | | | | | | | | | | | | | | Year Ended March 31, 2026 | | (In thousands) | Indefinite- Lived Tradenames | | Finite-Lived Tradenames and Customer Relationships | | Totals | | Gross Carrying Amounts | | | | | | | Balance – March 31, 2025 | $ | 2,136,986 | | | $ | 434,500 | | | $ | 2,571,486 | | Additions (a) | — | | | 13,865 | | | 13,865 | | | | | | | | | | | | | | | | | | | | | Effects of foreign currency exchange rates | 6,689 | | | 1,765 | | | 8,454 | | | Balance – March 31, 2026 | $ | 2,143,675 | | | $ | 450,130 | | | $ | 2,593,805 | | | | | | | | | Accumulated Amortization | | | | | | | Balance – March 31, 2025 | $ | — | | | $ | 276,136 | | | $ | 276,136 | | | Additions | — | | | 17,919 | | | 17,919 | | | | | | | | | Effects of foreign currency exchange rates | — | | | 145 | | | 145 | | | Balance – March 31, 2026 | $ | — | | | $ | 294,200 | | | $ | 294,200 | | | | | | | | | Intangible assets, net – March 31, 2026 | $ | 2,143,675 | | | $ | 155,930 | | | $ | 2,299,605 | | | | | | | | | Intangible Assets, net by Reportable Segment: | | | | | | | North American OTC Healthcare | $ | 2,068,752 | | | $ | 138,903 | | | $ | 2,207,655 | | | International OTC Healthcare | 74,923 | | | 17,027 | | | 91,950 | | | | | | | | | Intangible assets, net – March 31, 2026 | $ | 2,143,675 | | | $ | 155,930 | | | $ | 2,299,605 | |
(a)On October 31, 2025, we completed the acquisition of Feminax. In connection with this asset acquisition, we allocated the entire purchase price of $13.9 million to intangible assets. | | | | | | | | | | | | | | | | | | | | | | Year Ended March 31, 2025 | | (In thousands) | Indefinite- Lived Tradenames | | Finite-Lived Tradenames and Customer Relationships | | | Totals | | Gross Carrying Amounts | | | | | | | | Balance – March 31, 2024 | $ | 2,167,162 | | | $ | 411,258 | | | | $ | 2,578,420 | | Additions (a) | 6,850 | | | 1,400 | | | | 8,250 | | Reclassifications (b) | (28,982) | | | 28,982 | | | | — | | | | | | | | | | Tradename impairment | (6,552) | | | (5,914) | | | | (12,466) | | | Effects of foreign currency exchange rates | (1,492) | | | (1,226) | | | | (2,718) | | | Balance – March 31, 2025 | $ | 2,136,986 | | | $ | 434,500 | | | | $ | 2,571,486 | | | | | | | | | | Accumulated Amortization | | | | | | | | Balance – March 31, 2024 | $ | — | | | $ | 257,837 | | | | $ | 257,837 | | | Additions | — | | | 18,263 | | | | 18,263 | | | | | | | | | | Effects of foreign currency exchange rates | — | | | 36 | | | | 36 | | | Balance – March 31, 2025 | $ | — | | | $ | 276,136 | | | | $ | 276,136 | | | | | | | | | | Intangible assets, net – March 31, 2025 | $ | 2,136,986 | | | $ | 158,364 | | | | $ | 2,295,350 | | | | | | | | | | Intangible Assets, net by Reportable Segment: | | | | | | | | North American OTC Healthcare | $ | 2,068,752 | | | $ | 141,234 | | | | $ | 2,209,986 | | | International OTC Healthcare | 68,234 | | | 17,130 | | | | 85,364 | | | | | | | | | | Intangible assets, net – March 31, 2025 | $ | 2,136,986 | | | $ | 158,364 | | | | $ | 2,295,350 | |
(a) Amounts relate to our acquisition of Hydralyte intellectual property on October 1, 2024, giving us the rights to the Hydralyte intellectual property in all remaining jurisdictions with the exception of the United States. (b) In connection with our annual impairment test at February 28, 2025, certain indefinite-lived intangible assets were moved to finite-lived to better reflect our long-term projections for these brands.
|