Goodwill and Intangible Assets Level 1 (Notes)

9 Months Ended

Nov. 30, 2016

Goodwill and Intangible Assets [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill and Intangible Assets

The change in goodwill by segment is as follows:



Automotive:	Amount
Beginning balance at March 1, 2016	$	57,816
Currency translation	(1,084		)
Balance at November 30, 2016	$	56,732

Gross carrying amount at November 30, 2016	$	56,732
Accumulated impairment charge	—
Net carrying amount at November 30, 2016	$	56,732

Premium Audio:
Beginning balance at March 1, 2016	$	46,533
Activity during the period	—
Balance at November 30, 2016	$	46,533

Gross carrying amount at November 30, 2016	$	78,696
Accumulated impairment charge	(32,163		)
Net carrying amount at November 30, 2016	$	46,533

Total Goodwill, net	$	103,265

Note: The Company's Consumer Accessories segment did not carry a goodwill balance at November 30, 2016 or February 29, 2016.

At November 30, 2016, intangible assets consisted of the following:



	Gross Carrying Value		Accumulated Amortization		Total Net Book Value
Finite-lived intangible assets:
Customer relationships	$	64,803	$	26,713	$	38,090
Trademarks/Tradenames	415		393		22
Developed technology	31,290		3,401		27,889
Patents	8,501		4,587		3,914
License	1,400		1,400		—
Contract	2,141		1,703		438
Total finite-lived intangible assets	$	108,550	$	38,197	70,353
Indefinite-lived intangible assets
Trademarks					107,947
Total net intangible assets					$	178,300

At February 29, 2016, intangible assets consisted of the following:



	Gross Carrying Value		Accumulated Amortization		Total Net Book Value
Finite-lived intangible assets:
Customer relationships	$	65,290	$	23,527	$	41,763
Trademarks/Tradenames	415		389		26
Developed technology	31,290		1,360		29,930
Patents	8,638		4,079		4,559
License	1,400		1,400		—
Contract	2,141		1,615		526
Total finite-lived intangible assets	$	109,174	$	32,370	76,804
Indefinite-lived intangible assets
Trademarks					108,218
Total net intangible assets					$	185,022

The Company recorded amortization expense of $2,039 and $6,137 for the three and nine months ended November 30, 2016, respectively, and $2,044 and $4,599 for the three and nine months ended November 30, 2015, respectively. The estimated aggregate amortization expense for all amortizable intangibles for November 30 of each of the succeeding years is as follows:



Year	Amount
2017	$	8,117
2018	7,933
2019	7,877
2020	7,794
2021	7,640

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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