Goodwill and Intangible Assets

3 Months Ended

May 31, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

(11)	Goodwill and Intangible Assets

The change in goodwill by segment is as follows:

Automotive Electronics:	Amount
Beginning balance at March 1, 2020	$	8,467
Activity during the period		—
Balance at May 31, 2020	$	8,467
Gross carrying value at May 31, 2020	$	8,467
Accumulated impairment charge		—
Net carrying value at May 31, 2020	$	8,467
Consumer Electronics:
Beginning balance at March 1, 2020	$	46,533
Activity during the period		—
Balance at May 31, 2020	$	46,533
Gross carrying value at May 31, 2020	$	78,696
Accumulated impairment charge		(32,163	)
Net carrying value at May 31, 2020	$	46,533
Total Goodwill, net	$	55,000

The Company's Biometrics segment did not carry a goodwill balance at May 31, 2020 or February 29, 2020.

At May 31, 2020, intangible assets consisted of the following:

	Gross Carrying Value		Accumulated Amortization		Total Net Book Value
Finite-lived intangible assets:
Customer relationships	$	51,592	$	32,857	$	18,735
Trademarks/Tradenames		1,045		457		588
Developed technology		14,144		12,312		1,832
Patents		5,659		3,895		1,764
License		1,400		1,400		—
Contract		1,556		1,556		—
Total finite-lived intangible assets	$	75,396	$	52,477		22,919
Indefinite-lived intangible assets
Trademarks						64,274
Total intangible assets, net					$	87,193

At February 29, 2020, intangible assets consisted of the following:

	Gross Carrying Value		Accumulated Amortization		Total Net Book Value
Finite-lived intangible assets:
Customer relationships	$	51,491	$	31,880	$	19,611
Trademarks/Tradenames		1,045		437		608
Developed technology		14,144		12,244		1,900
Patents		5,651		3,691		1,960
License		1,400		1,400		—
Contract		1,556		1,556		—
Total finite-lived intangible assets	$	75,287	$	51,208		24,079
Indefinite-lived intangible assets
Trademarks						64,209
Total intangible assets, net					$	88,288

The Company recorded amortization expense of $1,169 for the three months ended May 31, 2020 and $1,748 for the three months ended May 31, 2019. The estimated aggregate amortization expense for all amortizable intangibles for May 31 of each of the succeeding years is as follows:

Year	Amount
2022	$	4,878
2023		4,466
2024		3,620
2025		3,360
2026		3,200