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Other Income (Expense)
6 Months Ended
Aug. 31, 2019
Other Income And Expenses [Abstract]  
Other Income (Expense)

(17)

Other Income (Expense)

Other income (expense) is comprised of the following:

 

 

 

Three months ended

August 31,

 

 

Six months ended

August 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Foreign currency gain (loss)

 

$

130

 

 

$

(131

)

 

$

236

 

 

$

204

 

Interest income

 

 

225

 

 

 

269

 

 

 

615

 

 

 

475

 

Rental income

 

 

142

 

 

 

132

 

 

 

284

 

 

 

253

 

Miscellaneous

 

 

50

 

 

 

(18

)

 

 

1,056

 

 

 

(19

)

Total other, net

 

$

547

 

 

$

252

 

 

$

2,191

 

 

$

913

 

 

Included within miscellaneous for the six months ended August 31, 2019 are the proceeds from a key man life insurance policy in the amount of $1,000 related to a former employee of Klipsch Group, Inc. that Voxx became the beneficiary of in conjunction with the acquisition of Klipsch in Fiscal 2012. At the time of acquisition, the individual was no longer employed by Klipsch and was never an employee of Voxx; however, Voxx has remained the beneficiary of the policy until the individual’s death.