XML 56 R44.htm IDEA: XBRL DOCUMENT v3.25.0.1
Goodwill and Intangible Assets (Tables)
9 Months Ended
Nov. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

The change in goodwill by segment is as follows:

 

Automotive Electronics:

 

Amount

 

Beginning balance at March 1, 2024

 

$

3,052

 

Impairment charges

 

 

(1,452

)

Balance at November 30, 2024

 

$

1,600

 

Gross carrying value at November 30, 2024

 

$

10,425

 

Accumulated impairment charge

 

 

(8,825

)

Net carrying value at November 30, 2024

 

$

1,600

 

Consumer Electronics:

 

 

 

Beginning balance at March 1, 2024

 

$

60,879

 

Impairment charges

 

 

(26,719

)

Foreign currency adjustments

 

 

(375

)

Balance at November 30, 2024

 

$

33,785

 

Gross carrying value at November 30, 2024

 

$

93,455

 

Accumulated impairment charge

 

 

(59,670

)

Net carrying value at November 30, 2024

 

$

33,785

 

Total Goodwill, net

 

$

35,385

 

Schedule of Intangible Assets, Excluding Goodwill

At November 30, 2024, intangible assets consisted of the following:

 

 

 

Gross
Carrying
Value

 

 

Accumulated
Amortization

 

 

Total Net
Book
Value

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

48,278

 

 

$

44,747

 

 

$

3,531

 

Trademarks/Tradenames

 

 

4,985

 

 

 

2,473

 

 

 

2,512

 

Developed technology

 

 

-

 

 

 

-

 

 

 

-

 

Patents

 

 

6,456

 

 

 

6,076

 

 

 

380

 

License

 

 

1,400

 

 

 

1,400

 

 

 

-

 

Contracts

 

 

1,556

 

 

 

1,556

 

 

 

-

 

Total finite-lived intangible assets

 

$

62,675

 

 

$

56,252

 

 

 

6,423

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

Trademarks

 

 

 

 

 

 

 

 

32,060

 

Total intangible assets, net

 

 

 

 

 

 

 

$

38,483

 

 

At February 29, 2024, intangible assets consisted of the following:

 

 

 

Gross
Carrying
Value

 

 

Accumulated
Amortization

 

 

Total Net
Book
Value

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

53,915

 

 

$

46,037

 

 

$

7,878

 

Trademarks/Tradenames

 

 

20,323

 

 

 

5,031

 

 

 

15,292

 

Developed technology

 

 

18,970

 

 

 

15,743

 

 

 

3,227

 

Patents

 

 

6,736

 

 

 

6,128

 

 

 

608

 

License

 

 

1,400

 

 

 

1,400

 

 

 

-

 

Contracts

 

 

1,556

 

 

 

1,556

 

 

 

-

 

Total finite-lived intangible assets

 

$

102,900

 

 

$

75,895

 

 

 

27,005

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

Trademarks

 

 

 

 

 

 

 

 

41,761

 

Total intangible assets, net

 

 

 

 

 

 

 

$

68,766

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated aggregate amortization expense for all amortizable intangibles for November 30 of each of the succeeding years is as follows:

 

Year

 

Amount

 

2025

 

$

2,967

 

2026

 

 

1,335

 

2027

 

 

711

 

2028

 

 

599

 

2029

 

 

576