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Other Income (Expense)
9 Months Ended
Nov. 30, 2024
Other Income and Expenses [Abstract]  
Other Income (Expense)

(19) Other Income (Expense)

Other income (expense) is comprised of the following:

 

 

 

Three months ended
November 30,

 

 

Nine months ended
November 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Foreign currency loss, net

 

$

(2,415

)

 

$

(171

)

 

$

(1,062

)

 

$

(2,419

)

Interest income

 

 

108

 

 

 

56

 

 

 

279

 

 

 

89

 

Rental income

 

 

258

 

 

 

237

 

 

 

780

 

 

 

702

 

Miscellaneous

 

 

(35

)

 

 

34

 

 

 

(110

)

 

 

131

 

Total other, net

 

$

(2,084

)

 

$

156

 

 

$

(113

)

 

$

(1,497

)

 

Gains and losses included within Foreign currency gain (loss), net, for the three and nine months ended November 30, 2024 and 2023 were primarily driven by fluctuations 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 net foreign currency losses attributable to these re-measurements for the three and nine months ended November 30, 2024 was $1,039 and $260, respectively, as compared to $174 and $1,521 for the three and nine months ended November 30, 2023, respectively.