OTHER FINANCIAL INFORMATION (Tables)

12 Months Ended

Feb. 28, 2019

Other Financial Information [Abstract]

Schedule of Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

Other current liabilities consist of the following (in thousands):

	February 28,
	2019		2018
Warranty reserves	$	1,398	$	5,734
Litigation reserve (see Note 19)		1,500		17,559
Accrued restructuring costs		752		-
Other		6,972		8,395
	$	10,622	$	31,688

Other non-current liabilities consist of the following (in thousands):

	February 28,
	2019		2018
Deferred compensation plan liability	$	6,409	$	5,642
Deferred revenue		27,106		16,763
Accrued restructuring costs		2,175		-
Deferred tax liability		963		-
Deferred rent		365		200
Other		1,458		1,644
	$	38,476	$	24,249

Schedule of Interest Expense

Interest expense consists of the following (in thousands):

	Year Ended February 28,
	2019		2018		2017
Interest expense on 2020 Convertible Notes:
Stated interest at 1.625% per annum	$	2,308	$	2,806	$	2,803
Amortization of note discount		5,769		6,627		6,232
Amortization of debt issue costs		715		845		795
		8,792		10,278		9,830
Interest expense on 2025 Convertible Notes:
Stated interest at 2.00% per annum		2,811		-		-
Amortization of note discount		4,637		-		-
Amortization of debt issue costs		343		-		-
		7,791		-		-
Other interest expense		143		2		66
Total interest expense	$	16,726	$	10,280	$	9,896

Schedule of Supplemental Cash Payments for Interest and Income Taxes and Non-cash Investing and Financing Activities

“Net cash provided by operating activities” in the consolidated statements of cash flows includes cash payments for interest and income taxes. The following is our supplemental schedule of cash payments for interest and income taxes and non-cash investing and financing activities (in thousands):

	Year Ended February 28,
	2019		2018		2017
Cash payments for interest and income taxes:
Interest expense paid	$	5,057	$	2,844	$	2,852
Income tax paid	$	964	$	3,498	$	2,259
Non-cash investing and financing activities:
Accrued liability for capital expenditures	$	881	$	-	$	-
Equity investment in and loan to ThinxNet GmbH (see Note 9)	$	300	$	2,674	$	-

Schedule of Valuation and Qualifying Accounts Disclosure

Following is our schedule of valuation and qualifying accounts for the last three years (in thousands):

	Balance at beginning of year		Charged (credited) to costs and expenses		Deductions			Other		Balance at end of year
Allowance for doubtful accounts:
Fiscal 2017		622		541		(201	)		-		962
Fiscal 2018		962		685		(461	)		-		1,186
Fiscal 2019		1,186		1,230		(660	)				1,756
Warranty reserve:
Fiscal 2017 (1)		1,892		1,305		(2,562	)		5,883		6,518
Fiscal 2018		6,518		1,331		(2,115	)		-		5,734
Fiscal 2019		5,734		1,126		(5,462	)				1,398
Deferred tax assets valuation allowance:
Fiscal 2017 (1)		1,618		1,391		-			3,578		6,587
Fiscal 2018 (2)		6,587		-		(4,835	)		15,092		16,844
Fiscal 2019		16,844		799		(6,714	)		-		10,929

(1) Amounts under “Other” represent the reserves and valuation allowance assumed in acquisition of LoJack. The warranty reserve is included in the Other Current Liabilities in the consolidated balance sheets.

(2) Amount under “Other” represents the valuation allowance previously netted against deferred tax assets of foreign net deferred tax assets not recorded on the balance sheet, which were disclosed narratively in the fiscal 2018 Form 10-K (see Note 12). Deferred tax assets and valuation allowances were grossed up by $15.1 million.