SEGMENT INFORMATION AND GEOGRAPHIC DATA (Tables)

6 Months Ended

Aug. 31, 2018

Segment Reporting [Abstract]

Summary of Segment Information

Segment information for the three and six months ended August 31, 2018 and 2017 is as follows (in thousands):

	Three Months Ended August 31, 2018									Three Months Ended August 31, 2017
	Operating Segments									Operating Segments
	Telematics Systems		Software & Subscription Services		Corporate Expenses			Total		Telematics Systems		Software & Subscription Services		Corporate Expenses			Total
Revenues	$	77,100	$	18,937	$	—		$	96,037	$	74,070	$	15,697	$	—		$	89,767
Adjusted EBITDA	$	11,682	$	3,373	$	(1,366	)	$	13,689	$	11,505	$	2,050	$	(1,254	)	$	12,301

	Six Months Ended August 31, 2018									Six Months Ended August 31, 2017
	Operating Segments									Operating Segments
	Telematics Systems		Software & Subscription Services		Corporate Expenses			Total		Telematics Systems		Software & Subscription Services		Corporate Expenses			Total
Revenues	$	153,452	$	37,473	$	—		$	190,925	$	146,066	$	31,782	$	—		$	177,848
Adjusted EBITDA	$	22,496	$	6,295	$	(2,925	)	$	25,866	$	24,325	$	3,271	$	(2,114	)	$	25,482

Summary of Adjusted EBITDA

The adjustments to our net income (losses) prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) to calculate Adjusted EBITDA are itemized below (in thousands):

	Three Months Ended August 31,							Six Months Ended August 31,
		2018			2017			2018			2017
Net income (loss)		$	(854	)	$	12,232		$	7,657		$	9,579
Investment income			(1,007	)		(396	)		(1,860	)		(729	)
Interest expense			3,767			2,567			6,432			5,085
Income tax provision			(497	)		3,699			1,274			2,619
Depreciation			2,298			1,958			4,341			3,983
Amortization of intangible assets			2,893			3,710			5,641			7,568
Stock-based compensation			2,680			2,227			5,147			4,044
Loss on extinguishment of debt			2,033			—			2,033			—
Equity in net loss of affiliate			530			376			969			713
Restructuring charges			566			—			3,949			—
Legal expenses for LoJack battery performance issue			564			430			2,250			927
Litigation provision			459			411			887			6,486
Gain on LoJack battery performance legal Settlement			—			(15,032	)		(13,333	)		(15,032	)
Other			257			119			479			239
Adjusted EBITDA		$	13,689		$	12,301		$	25,866		$	25,482

Summary of Revenues by Geographic Area

Revenues by geographic area are as follows (in thousands):

	Three Months Ended				Six Months Ended
	August 31,				August 31,
	2018		2017		2018		2017
United States	$	70,647	$	65,879	$	141,064	$	129,744
Europe, Middle East and Africa		13,788		11,374		27,132		22,536
South America		1,723		1,986		4,129		5,779
Canada		2,338		4,202		3,702		7,561
Asia and Pacific Rim		3,480		3,320		7,239		6,120
All other		4,061		3,006		7,659		6,108
	$	96,037	$	89,767	$	190,925	$	177,848