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Revenue from Contracts with Customers (Tables)
12 Months Ended
Feb. 29, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue In the following table, the Company's net sales are disaggregated by segments and product type for the years ended February 29, 2024, February 28, 2023, and February 28, 2022.

 

 

 

Year Ended
February 29,

 

 

Year Ended
February 29,

 

 

Year Ended February 29,

 

 

 

2024

 

 

2023

 

 

2022

 

Automotive Electronics Segment

 

 

 

 

 

 

 

 

 

OEM Products

 

$

58,273

 

 

$

72,979

 

 

$

65,017

 

Aftermarket Products

 

 

84,068

 

 

 

101,832

 

 

 

135,577

 

Total Automotive Electronics Segment

 

 

142,341

 

 

 

174,811

 

 

 

200,594

 

 

 

 

 

 

 

 

 

 

Consumer Electronics Segment

 

 

 

 

 

 

 

 

 

Premium Audio Products

 

 

237,921

 

 

 

274,544

 

 

 

343,991

 

Other Consumer Electronic Products

 

 

88,697

 

 

 

83,214

 

 

 

89,934

 

Total Consumer Electronics Segment

 

 

326,618

 

 

 

357,758

 

 

 

433,925

 

 

 

 

 

 

 

 

 

 

Biometrics Segment

 

 

 

 

 

 

 

 

 

Biometric Products

 

 

531

 

 

 

1,046

 

 

 

882

 

Total Biometrics Segment

 

 

531

 

 

 

1,046

 

 

 

882

 

 

 

 

 

 

 

 

 

 

Corporate/Eliminations

 

 

(579

)

 

 

399

 

 

 

519

 

 

 

 

 

 

 

 

 

 

Total Net Sales

 

$

468,911

 

 

$

534,014

 

 

$

635,920

 

Reconciliation of Contract Liabilities The following table provides a reconciliation of the Company’s contract liabilities as of February 29, 2024:

 

Balance at February 28, 2023

$

4,818

 

Subscription payments received

 

6,559

 

Revenue recognized

 

(6,958

)

Balance at February 29, 2024

$

4,419