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DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
May 31, 2021
ASU 2014-09 [Member]  
Disaggregation of Revenue by Type of Goods and Services and by Timing of Revenue Recognition which Reflect the Immaterial Adjustments

 

 

We disaggregate revenue from contracts with customers into reportable segments, geography, type of goods and services and timing of revenue recognition. See Note 15 for our revenue by segment and geography. The disaggregation of revenue by type of goods and services and by timing of revenue recognition is as follows (in thousands):

 

 

Three Months Ended

 

 

May 31,

 

 

2021

 

 

2020

 

Revenue by type of goods and services:

 

 

 

 

 

 

 

Telematics devices and accessories

$

51,997

 

 

$

47,921

 

Rental income and other services

 

3,610

 

 

 

2,018

 

Recurring application subscriptions

 

24,067

 

 

 

23,792

 

Total

$

79,674

 

 

$

73,731

 

 

 

Three Months Ended

 

 

May 31,

 

 

2021

 

 

2020

 

Revenue by timing of revenue recognition:

 

 

 

 

 

 

 

Revenue recognized at a point in time

$

54,704

 

 

$

49,623

 

Revenue recognized over time

 

24,970

 

 

 

24,108

 

Total

$

79,674

 

 

$

73,731