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Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 31, 2022
May 31, 2021
Income Statement [Abstract]    
Net sales $ 128,732 $ 137,060
Cost of sales 95,493 100,365
Gross profit 33,239 36,695
Operating expenses:    
Selling 12,285 11,467
General and administrative 19,130 18,676
Engineering and technical support 8,389 6,232
Acquisition costs 136 676
Total operating expenses 39,940 37,051
Operating loss (6,701) (356)
Other (expense) income:    
Interest and bank charges (730) (528)
Equity in income of equity investee 1,588 2,723
Interim arbitration award (see Note 24) (986)  
Other, net (2,110) 442
Total other (expense) income, net (2,238) 2,637
(Loss) income before income taxes (8,939) 2,281
Income tax (benefit) expense (1,092) 484
Net (loss) income (7,847) 1,797
Less: net loss attributable to non-controlling interest (1,320) (919)
Net (loss) income attributable to VOXX International Corporation (6,527) 2,716
Other comprehensive (loss) income:    
Foreign currency translation adjustments (1,494) 372
Derivatives designated for hedging 87 119
Pension plan adjustments 32 1
Other comprehensive (loss) income, net of tax (1,375) 492
Comprehensive (loss) income attributable to VOXX International Corporation $ (7,902) $ 3,208
(Loss) income per share - basic: Attributable to VOXX International Corporation $ (0.27) $ 0.11
(Loss) income per share - diluted: Attributable to VOXX International Corporation $ (0.27) $ 0.11
Weighted-average common shares outstanding (basic) 24,412,462 24,266,242
Weighted-average common shares outstanding (diluted) 24,412,462 24,925,974