PROPERTY, EQUIPMENT AND IMPROVEMENTS

12 Months Ended

Feb. 28, 2017

Property, Plant and Equipment [Abstract]

PROPERTY, EQUIPMENT AND IMPROVEMENTS

NOTE 5 – PROPERTY, EQUIPMENT AND IMPROVEMENTS

Property, equipment and improvements consist of the following (in thousands):

	February 28,
	2017			2016
Leasehold improvements	$	3,484		$	1,815
LoJack system components and law enforcement tracking units		22,412			-
Plant equipment and tooling		20,420			12,541
Office equipment, computers and furniture		14,123			6,468
Software		28,225			9,789
		88,664			30,613
Less accumulated depreciation and amortization		(70,388	)		(21,852	)
		18,276			8,761
Fixed assets not yet in service		2,886			2,464
	$	21,162		$	11,225

Depreciation expense was $8,408,000, $3,582,000 and $2,796,000 in fiscal years 2017, 2016 and 2015, respectively.

Fixed assets not yet in service consist primarily of capitalized internal-use software and certain tooling and other equipment that have not been placed into service.