Foreign Currency

6 Months Ended

Aug. 31, 2020

Foreign Currency [Abstract]

Foreign Currency

(19) Foreign Currency

The Company has a subsidiary in Venezuela. Venezuela has experienced significant political and civil unrest, as well as economic instability for several years, and has implemented various foreign currency and price controls. The Company accounts for its Venezuela subsidiary as hyper-inflationary in accordance with the guidelines in ASC 830, "Foreign Currency." A hyper-inflationary economy designation occurs when a country has experienced cumulative inflation of approximately 100 percent or more over a 3-year period.  The hyper-inflationary designation requires the local subsidiary in Venezuela to record all transactions as if they were denominated in U.S. dollars. As of August 31, 2020, the DICOM rate for the Sovereign Bolivar was approximately 323,800 bolivars to the U.S. dollar compared to 20,460 at August 31, 2019. Total net currency exchange gains for Venezuela of $19 and $20 were recorded for the three and six months ended August 31, 2020, respectively, as compared to ($2) for both the three and six months ended August 31, 2019, and are included in Other income (expense) on the Unaudited Consolidated Statements of Operations and Comprehensive Income (Loss).

The Company has certain long-lived assets in Venezuela, which are held for investment purposes. These properties had no value at August 31, 2020