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Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2024
Feb. 29, 2024
Current assets:    
Cash and cash equivalents $ 6,349 $ 10,986
Accounts receivable, net of allowances of $1,921 and $3,041 at November 30, 2024 and February 29, 2024, respectively 79,686 71,066
Inventory 96,416 128,471
Receivables from vendors 129 1,192
Prepaid expenses and other current assets 14,533 20,820
Income tax receivable 4,933 2,095
Total current assets 202,146 235,868
Investment securities 414 828
Equity investments 22,428 21,380
Property, plant and equipment, net 32,937 45,070
Operating lease, right of use assets 5,067 2,577
Goodwill 35,385 63,931
Intangible assets, net 38,483 68,766
Due from GalvanEyes LLC, less current portion (Note 22) $ 0 $ 1,340
Other Receivable, after Allowance for Credit Loss, Noncurrent, Related Party, Type [Extensible Enumeration] us-gaap:RelatedPartyMember us-gaap:RelatedPartyMember
Deferred income tax assets $ 58 $ 1,452
Other assets 1,908 2,794
Total assets 338,826 444,006
Current liabilities:    
Accounts payable 40,961 35,076
Accrued expenses and other current liabilities 38,815 38,238
Income taxes payable 1,510 1,123
Accrued sales incentives 21,069 18,236
Contract liabilities, current 3,043 3,810
Current portion of long-term debt 3,837 500
Total current liabilities 109,235 96,983
Long-term debt, net of debt issuance costs 14,478 71,881
Finance lease liabilities, less current portion 399 644
Operating lease liabilities, less current portion 3,728 1,884
Deferred compensation 414 828
Deferred income tax liabilities 2,470 2,690
Other tax liabilities 719 809
Prepaid ownership interest in EyeLock LLC due to GalvanEyes LLC (Note 22) 0 9,817
Other long-term liabilities 2,828 2,170
Total liabilities 134,271 187,706
Commitments and contingencies (Note 25)
Redeemable equity: Class A, $.01 par value; 604,072 and 577,581 shares at November 30, 2024 and February 29, 2024, respectively (Note 9) 4,218 4,110
Redeemable non-controlling interest (Note 3) (9,019) (3,203)
Stockholders' equity:    
Preferred stock:
Paid-in capital 296,137 293,272
Retained earnings 7,449 58,272
Accumulated other comprehensive loss (17,760) (17,366)
Less: Treasury stock, at cost, 4,351,183 and 4,287,041 shares of Class A Common Stock at November 30, 2024 and February 29, 2024, respectively (39,821) (39,573)
Total VOXX International Corporation stockholders' equity 246,267 294,867
Non-controlling interest (36,911) (39,474)
Total stockholders' equity 209,356 255,393
Total liabilities, redeemable equity, redeemable non-controlling interest, and stockholders' equity 338,826 444,006
Established Inc [Member]    
Current assets:    
Due from other receivables 100 0
GalvanEyes LLC [Member]    
Current assets:    
Due from other receivables 0 1,238
Common Class A [Member]    
Stockholders' equity:    
Common stock 240 240
Common Class B [Member]    
Stockholders' equity:    
Common stock $ 22 $ 22