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Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2020
Aug. 31, 2019
Income Statement [Abstract]        
Net sales $ 128,032 $ 90,246 $ 200,019 $ 183,700
Cost of sales 89,956 66,477 141,968 133,922
Gross profit 38,076 23,769 58,051 49,778
Operating expenses:        
Selling 9,067 8,701 17,429 18,582
General and administrative 15,545 17,782 30,540 35,207
Engineering and technical support 4,781 5,035 9,266 10,842
Total operating expenses 29,393 31,518 57,235 64,631
Operating income (loss) 8,683 (7,749) 816 (14,853)
Other (expense) income:        
Interest and bank charges (1,010) (887) (1,863) (1,884)
Equity in income of equity investee 1,883 1,265 2,745 2,705
Investment gain   775   775
Other, net (392) 547 142 2,191
Total other income, net 481 1,700 1,024 3,787
Income (loss) before income taxes 9,164 (6,049) 1,840 (11,066)
Income tax expense (benefit) 2,609 1,115 4,390 (1,530)
Net income (loss) 6,555 (7,164) (2,550) (9,536)
Less: net loss attributable to non-controlling interest (785) (1,200) (1,618) (2,424)
Net income (loss) attributable to VOXX International Corporation 7,340 (5,964) (932) (7,112)
Other comprehensive income (loss):        
Foreign currency translation adjustments 3,025 (215) 3,529 (1,026)
Derivatives designated for hedging (294) (177) (471) (284)
Pension plan adjustments (65) 9 (79) 23
Other comprehensive income (loss), net of tax 2,666 (383) 2,979 (1,287)
Comprehensive income (loss) attributable to VOXX International Corporation $ 10,006 $ (6,347) $ 2,047 $ (8,399)
Income (loss) per share - basic: Attributable to VOXX International Corporation $ 0.30 $ (0.24) $ (0.04) $ (0.29)
Income (loss) per share - diluted: Attributable to VOXX International Corporation $ 0.30 $ (0.24) $ (0.04) $ (0.29)
Weighted-average common shares outstanding (basic) 24,224,478 24,481,477 24,223,935 24,457,482
Weighted-average common shares outstanding (diluted) 24,552,064 24,481,477 24,223,935 24,457,482