CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)

12 Months Ended

Feb. 29, 2016

CASH, CASH EQUIVALENTS AND INVESTMENTS [Abstract]

Schedule of Cash and Marketable Securities

	As of February 28, 2016
								Balance Sheet Classification
								of Fair Value
			Unrealized					Cash and		Short-Term
	Adjusted		Gains			Fair		Cash		Marketable		Other
	Cost		(Losses)			Value		Equivalents		Securities		Assets
Cash	$	6,890	$	-		$	6,890	$	6,890	$	-	$	-
Level 1:
LoJack common stock (1)		4,050		1,416			5,466		-		-		5,466
Mutual funds (2)		3,753		(383	)		3,370		-		-		3,370
Level 2:
Repurchase agreements		130,900		-			130,900		130,900		-		-
Corporate bonds		82,300		(16	)		82,284		1,556		80,728
Commercial paper		8,032		-			8,032		42		7,990		-
Total	$	235,925	$	1,017		$	236,942	$	139,388	$	88,718	$	8,836
	As of February 28, 2015
								Balance Sheet Classification
								of Fair Value
			Unrealized					Cash and		Short-Term
	Adjusted		Gains			Fair		Cash		Marketable		Other
	Cost		(Losses)			Value		Equivalents		Securities		Assets
Cash	$	11,384	$	-		$	11,384	$	11,384	$	-	$	-
Level 1:
Commercial paper		400		-			400		400		-		-
Mutual funds (2)		2,138		84			2,222		-		-		2,222
Level 2:
Repurchase agreements		22,400		-			22,400		22,400		-		-
Commercial paper		10,184		(7	)		10,177		-		10,177		-
Total	$	46,506	$	77		$	46,583	$	34,184	$	10,177	$	2,222

(1)

The Company purchased 850,100 shares of LoJack common stock in the open market in November and December 2015, prior to entering into a definitive agreement to acquire 100% of LoJack. These shares are considered trading securities and were recorded at fair value at the end of fiscal 2016, resulting in a gain of $1.4 million that was recorded as investment income in the consolidated statement of comprehensive income.

(2)

The Company has established a non-qualified deferred compensation plan for certain members of management and all non-employee directors. The Company is informally funding its obligations under the deferred compensation plan by purchasing shares in various equity, bond and money market mutual funds that are held in a “Rabbi Trust” and are restricted for payment of obligations to plan participants. See Note 7 for additional information regarding the deferred compensation plan.