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Other (Expense) Income
6 Months Ended
Aug. 31, 2022
Other Income and Expenses [Abstract]  
Other (Expense) Income

(17) Other (Expense) Income

Other (expense) income is comprised of the following:

 

 

 

Three months ended
August 31,

 

 

Six months ended
August 31,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Foreign currency (loss) gain

 

$

(1,721

)

 

$

(2

)

 

$

(4,087

)

 

$

114

 

Interest income

 

 

4

 

 

 

5

 

 

 

9

 

 

 

12

 

Rental income

 

 

230

 

 

 

197

 

 

 

451

 

 

 

361

 

Miscellaneous

 

 

(32

)

 

 

176

 

 

 

(2

)

 

 

331

 

Total other, net

 

$

(1,519

)

 

$

376

 

 

$

(3,629

)

 

$

818

 

 

Foreign currency losses for the three and six months ended August 31, 2022 were primarily driven by declines in the Japanese Yen, which impacted the re-measurement of the Company's Onkyo subsidiary intercompany loans and interest payable, which are not of a long-term investment nature. The total foreign currency loss attributable to these re-measurements for the three and six months ended August 31, 2022 was $1,362 and $3,441, respectively.