Company: PBH
Filing Date: 2025-05-09
Form Type: 10-K
Source: 0001295947-25-000017
Chunk: 105

Company: Prestige Consumer Healthcare Inc.
Filing Date: 2025-05-09
Form: 10-K
Item: Item 8
Chunk 105
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 PronouncementsIn November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses.  This ASU requires entities to disclose, in the notes to financial statements, specified information about certain costs and expenses at each interim and annual reporting period.  Required disclosures include, among other things, the amount of purchases of inventory, employee compensation, depreciation and intangible asset amortization.  In addition, entities will be required to disclose the total amount of selling expenses and, in annual reporting periods, their definition of selling expenses.  In January 2025, the FASB issued ASU 2025-01 to clarify the adoption dates for this ASU.  This ASU is effective for annual reporting periods beginning after December 15, 2026 and interim periods within annual reporting periods beginning after December 15, 2027.  We are currently evaluating the impact that this ASU may have on our Consolidated Financial Statement disclosures.In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The amendments in this update require that entities disclose, on an annual basis, specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold.  The amendments in this update also require disclosure, on an annual basis, of income taxes paid, disaggregated by federal, state and foreign taxes and disaggregated by individual jurisdictions in which income taxes paid are equal to or greater than five percent of total income taxes paid.  In addition, the amendments in this update also require that income (or loss) before income taxes be disaggregated between domestic and foreign and income tax expense (or benefit) be disaggregated by federal, state and foreign.  This ASU is effective for annual periods beginning after December 15, 2024. We are currently evaluating the impact that this ASU may have on our Consolidated Financial Statement disclosures.

2.    Accounts Receivable

Accounts receivable consist of the following:March 31,(In thousands)20252024Components of Accounts ReceivableTrade accounts receivable$202,043 $185,027 Short-term loan receivable, including interest7,796 6,062 Other receivables768 2,063  210,607 193,152 Less allowances for