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Accrued Expenses and Other Current Liabilities
12 Months Ended
Feb. 28, 2019
Accrued Liabilities, Current [Abstract]  
Other Liabilities Disclosure [Text Block]
Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following:

 
February 28,
2019
 
February 28,
2018
Commissions
$
640

 
$
711

Employee compensation
14,552

 
17,429

Professional fees and accrued settlements
2,172

 
1,427

Future warranty
3,090

 
4,261

Return liability
4,415

 

Freight and duty
2,427

 
1,880

Royalties, advertising and other
11,833

 
10,642

Total accrued expenses and other current liabilities
$
39,129

 
$
36,350



During the year ended February 28, 2019, the Company realigned certain businesses within its Consumer Accessories and Premium Audio segments to lower and contain overhead costs, as well as conducted an aggressive SKU rationalization program to streamline its consumer accessory product offerings, which resulted in total restructuring expenses of $4,588 for the year ended February 28, 2019. As of February 28, 2019, $3,883 of the Company's restructuring charges incurred were not yet settled and are included within Accrued expenses and other current liabilities. The accrued restructuring balance at February 28, 2019 consists primarily of employee severance, which is located within the employee compensation line item in the above table. These liabilities are expected to be settled during Fiscal 2020.

Included in royalties, advertising, and other in the table above are accrued environmental charges of $454 related to soil contamination at one of the Company's operating facilities in Germany that is in the process of being remediated at February 28, 2019. Charges for the year ended February 28, 2019 have been estimated based on assessments asserted by a local government authority and preliminary estimates provided by a third party engineering firm.

Through the first quarter of Fiscal 2019, the Company had a call/put option agreement with certain employees of Voxx Germany, whereby these employees could acquire up to a maximum of 20% of the Company's stated share capital in Voxx Germany at a call price equal to the same proportion of the actual price paid by the Company for Voxx Germany. The put and call prices were fixed at €3,000 and €0, respectively, with the put subject only to downward adjustments for losses incurred by Voxx Germany. For each fiscal year, the employees also received an annual dividend equal to 20% of Voxx Germany's net after tax profits. Accordingly, the Company recognized compensation expense based on 20% of the after-tax net profits of Voxx Germany, subject to certain tax treatment adjustments as defined in the agreement, representing the annual dividend. During the first quarter of Fiscal 2019, the employees of Voxx Germany called the option, resulting in a total payment of $3,786, which was included in Accrued expenses and other current liabilities on the Consolidated Balance Sheet at February 28, 2018 within employee compensation in the table above. Compensation expense for annual dividends amounted to $285 and $405 for the years ended February 28, 2018 and February 28, 2017, respectively.