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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Nov. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Other Intangible Assets

Other intangible assets consist of the following (in thousands):

 

 

 

 

 

Gross

 

 

Accumulated Amortization

 

 

Net

 

 

 

Useful Life

 

Feb. 29,

2020

 

 

Additions & Adjustments, net (1)

 

 

Impair-

ment

 

 

Nov. 30,

2020

 

 

Feb. 29,

2020

 

 

Expense

 

 

Nov. 30,

2020

 

 

Feb. 29,

2020

 

 

Nov. 30,

2020

 

Developed technology

 

4-6 years

 

$

27,363

 

 

 

51

 

 

 

(478

)

 

$

26,936

 

 

$

21,437

 

 

$

2,269

 

 

$

23,706

 

 

$

5,926

 

 

$

3,230

 

Tradenames

 

10 years

 

 

30,093

 

 

 

74

 

 

 

 

 

 

30,167

 

 

 

16,303

 

 

 

1,591

 

 

 

17,894

 

 

 

13,790

 

 

 

12,273

 

Customer lists

 

4-7 years

 

 

25,304

 

 

 

 

 

 

 

 

 

25,304

 

 

 

22,903

 

 

 

48

 

 

 

22,951

 

 

 

2,401

 

 

 

2,353

 

Dealer and customer relationships

 

10-15 years

 

 

34,139

 

 

 

(3

)

 

 

(1,005

)

 

 

33,131

 

 

 

10,753

 

 

 

1,656

 

 

 

12,409

 

 

 

23,386

 

 

 

20,722

 

Patents

 

5 years

 

 

589

 

 

 

 

 

 

 

 

 

589

 

 

 

197

 

 

 

27

 

 

 

224

 

 

 

392

 

 

 

365

 

 

 

 

 

$

117,488

 

 

$

122

 

 

$

(1,483

)

 

$

116,127

 

 

$

71,593

 

 

$

5,591

 

 

$

77,184

 

 

$

45,895

 

 

$

38,943

 

 

(1)

Amounts also include any net changes in intangible asset balances for the periods presented that resulted from foreign currency translations.

Schedule of Future Amortization Expense

Estimated future amortization expense as of November 30, 2020 is as follows (in thousands):

 

2021 (remainder)

 

$

1,554

 

2022

 

 

5,533

 

2023

 

 

5,381

 

2024

 

 

4,537

 

2025

 

 

4,422

 

Thereafter

 

 

17,516

 

 

 

$

38,943

 

Schedule of Goodwill

Changes in goodwill are as follows (in thousands):

 

 

Software & Subscription Services

 

 

Telematics Products

 

 

LoJack U.S. SVR Products

 

 

Total

 

Balance as of February 29, 2020

$

55,132

 

 

$

39,180

 

 

$

12,023

 

 

$

106,335

 

Impairment loss

 

 

 

 

 

 

 

(12,023

)

 

 

(12,023

)

Effect of exchange rate change on goodwill

 

156

 

 

 

 

 

 

 

 

 

156

 

Balance as of November 30, 2020

$

55,288

 

 

$

39,180

 

 

$

-

 

 

$

94,468