v3.26.1
Goodwill
 3 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill Goodwill
A reconciliation of the activity affecting goodwill by operating segment is as follows:
(In thousands)North American OTC
Healthcare		International OTC
Healthcare		Consolidated
Balance - March 31, 2026
Goodwill$763,503 $31,709 $795,212 
Accumulated impairment loss(212,516)(1,587)(214,103)
Balance - March 31, 2026550,987 30,122 581,109 
Additions (a)
65,504 — 65,504 
Adjustment related to acquisition (b)
5,346 — 5,346 
Effects of foreign currency exchange rates(1,227)63 (1,164)
Balance - June 30, 2026
Goodwill833,126 31,772 864,898 
Accumulated impairment loss(212,516)(1,587)(214,103)
Balance - June 30, 2026$620,610 $30,185 $650,795 
(a) As discussed in Note 2., Acquisitions, on June 12, 2026, we acquired the OTC Wellness Business, and, in connection with this acquisition, we preliminarily allocated $65.5 million to goodwill, reflecting the amount by which the purchase price exceeded the preliminary estimate of the fair value of the net assets acquired.
(b) As discussed in Note 2., Acquisitions, on December 18, 2025, we acquired Pillar5, one of our Clear Eyes suppliers. This amount reflects measurement period adjustments to the provisional fair values of certain assets acquired during the period.
At February 28, 2026, the date of our annual impairment review, the estimated fair value exceeded the carrying value for all reporting units and, accordingly, no impairment charge was taken. The estimates and assumptions made in assessing the fair value of our reporting units and the valuation of the underlying assets and liabilities are inherently subject to significant uncertainties related to future sales, gross margins, and advertising and marketing expenses, which can be impacted by increases in competition, changing consumer preferences, technical advances, supply chain constraints, labor shortages, and inflation. The discount rate assumption may be influenced by such factors as changes in interest rates and rates of inflation, which can have an impact on the determination of fair value. If these assumptions are adversely affected, we may be required to record impairment charges in the future. As of June 30, 2026, we determined no events have occurred that would indicate potential impairment of goodwill.