Company: PBH
Filing Date: 2025-05-09
Form Type: 10-K
Source: 0001295947-25-000017
Chunk: 108

Company: Prestige Consumer Healthcare Inc.
Filing Date: 2025-05-09
Form: 10-K
Item: Item 8
Chunk 108
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 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 additional impairment charges in the future. Our analysis at February 28, 2025 determined that all reporting units had a fair value that exceeded their carrying value by at least 10%.  We performed a sensitivity analysis on our weighted average cost of capital, and we determined that a 50-basis point increase in the weighted average cost of capital would not have resulted in any of our reporting units' fair value being less 

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than their carrying value.  Additionally, a 50-basis point decrease in the terminal growth rate used for each reporting unit would not have resulted in any of our reporting units' fair value being less than their carrying value.

6.    Intangible Assets

A reconciliation of the activity affecting intangible assets, net for each of 2025 and 2024 is as follows:Year Ended March 31, 2025(In thousands)Indefinite-LivedTradenamesFinite-LivedTradenames and Customer RelationshipsTotalsGross 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, 202