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Unaudited Quarterly Financial Data
12 Months Ended
Feb. 28, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
Unaudited Quarterly Financial Data

Selected unaudited, quarterly financial data of the Company for the years ended February 28, 2019 and February 28, 2018 appear below:
 
 
 
Quarters Ended
 
 
Feb 28, 2019
 
Nov 30, 2018
 
Aug 31, 2018
 
May 31, 2018
2019
 
(a)
 
 
 
(b)
 
 
Net sales
 
$
107,457

 
$
129,637

 
$
108,867

 
$
100,855

Gross profit
 
23,754

 
38,923

 
31,063

 
27,677

 
 
 
 
 
 
 
 
 
Net (loss) income from continuing operations
 
$
(38,347
)
 
$
10,569

 
$
(22,502
)
 
$
(2,552
)
Net income from discontinued operations
 

 

 

 

Net (loss) income attributable to Voxx International Corporation
 
(36,560
)
 
12,211

 
(20,803
)
 
(939
)
 
 
 
 
 
 
 
 
 
Earnings (loss) per share - basic:
 
 

 
 

 
 

 
 

Continuing operations attributable to VOXX International Corporation
 
$
(1.50
)
 
$
0.50

 
$
(0.85
)
 
$
(0.04
)
Discontinued operations attributable to VOXX International Corporation
 

 

 

 

Attributable to VOXX International Corporation
 
(1.50
)
 
0.50

 
(0.85
)
 
(0.04
)
 
 
 
 
 
 
 
 
 
Earnings (loss) per share - diluted:
 
 

 
 

 
 

 
 

Continuing operations attributable to VOXX International Corporation
 
$
(1.50
)
 
$
0.50

 
$
(0.85
)
 
$
(0.04
)
Discontinued operations attributable to VOXX International Corporation
 

 

 

 

Attributable to VOXX International Corporation
 
(1.50
)
 
0.50

 
(0.85
)
 
(0.04
)
 
 
 
 
 
 
 
 
 
 
 
Quarters Ended
 
 
Feb 28, 2018
 
Nov 30, 2017
 
Aug 31, 2017
 
May 31, 2017
2018
 
 

 
 

 
(c)
 
 

Net sales
 
$
122,236

 
$
156,563

 
$
113,470

 
$
114,823

Gross profit
 
32,213

 
41,519

 
28,421

 
30,144

 
 
 
 
 
 
 
 
 
Net income (loss) from continuing operations
 
$
8,396

 
$
7,477

 
$
(19,848
)
 
$
(2,684
)
Net income (loss) from discontinued operations
 
2,276

 
(368
)
 
34,931

 
(2,221
)
Net income (loss) attributable to Voxx International Corporation
 
12,585

 
8,644

 
17,106

 
(3,031
)
 
 
 

 
 

 
 

 
 

Earnings (loss) per share - basic:
 
 
 
 
 
 
 
 
Continuing operations attributable to VOXX International Corporation
 
$
0.42

 
$
0.37

 
$
(0.74
)
 
$
(0.03
)
Discontinued operations attributable to VOXX International Corporation
 
0.09

 
(0.02
)
 
1.45

 
(0.09
)
Attributable to VOXX International Corporation
 
0.52

 
0.36

 
0.71

 
(0.13
)
 
 
 
 
 
 
 
 
 
Earnings (loss) per share - diluted:
 
 
 
 
 
 
 
 
Continuing operations attributable to VOXX International Corporation
 
$
0.42

 
$
0.37

 
$
(0.74
)
 
$
(0.03
)
Discontinued operations attributable to VOXX International Corporation
 
0.09

 
(0.02
)
 
1.45

 
(0.09
)
Attributable to VOXX International Corporation
 
0.51

 
0.35

 
0.71

 
(0.13
)

 
Net income per common share is computed separately for each quarter. Therefore, the sum of such quarterly per share amounts may differ from the total for the years.
(a) Included in the net loss from continuing operations and net loss attributable to VOXX International Corporation for the quarter ended February 28, 2019 are impairment charges totaling $15,975 related to indefinite lived intangible assets (see Note 1(k)) and an impairment charge of $(16,509) related to uncollectible notes receivable (see Note 1(f)).

(b) Included in the net loss from continuing operations and net loss attributable to VOXX International Corporation for the quarter ended August 31, 2018 are impairment charges totaling $9,814 related to indefinite lived intangible assets (see Note 1(k)) and an impairment charge of $3,473 related to investment properties in Venezuela (see Note 1(p)).

(c) Included in the net loss from continuing operations and net loss attributable to VOXX International Corporation for the quarter ended August 31, 2017 is the gain of $1,416 related to the Company's investment in Rx Networks (see Note 1(f)).