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Goodwill and Intangible Assets (Tables)
6 Months Ended
Aug. 31, 2020
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, 2020

 

$

8,467

 

Activity during the period

 

 

3,383

 

Balance at August 31, 2020

 

$

11,850

 

Gross carrying value at August 31, 2020

 

$

11,850

 

Accumulated impairment charge

 

 

 

Net carrying value at August 31, 2020

 

$

11,850

 

Consumer Electronics:

 

 

 

 

Beginning balance at March 1, 2020

 

$

46,533

 

Activity during the period

 

 

 

Balance at August 31, 2020

 

$

46,533

 

Gross carrying value at August 31, 2020

 

$

78,696

 

Accumulated impairment charge

 

 

(32,163

)

Net carrying value at August 31, 2020

 

$

46,533

 

Total Goodwill, net

 

$

58,383

 

 

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

Schedule of Intangible Assets, Excluding Goodwill

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

 

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Total Net

Book

Value

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

54,670

 

 

$

34,234

 

 

$

20,436

 

Trademarks/Tradenames

 

 

5,545

 

 

 

550

 

 

 

4,995

 

Developed technology

 

 

14,144

 

 

 

12,380

 

 

 

1,764

 

Patents

 

 

6,726

 

 

 

4,154

 

 

 

2,572

 

License

 

 

1,400

 

 

 

1,400

 

 

 

 

Contract

 

 

1,556

 

 

 

1,556

 

 

 

 

Total finite-lived intangible assets

 

$

84,041

 

 

$

54,274

 

 

 

29,767

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

 

 

 

 

 

 

 

 

 

64,583

 

Total intangible assets, net

 

 

 

 

 

 

 

 

 

$

94,350

 

 

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

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated aggregate amortization expense for all amortizable intangibles for August 31 of each of the succeeding years is as follows:

 

Year

 

Amount

 

2021

 

$

5,852

 

2022

 

 

5,194

 

2023

 

 

4,441

 

2024

 

 

4,171

 

2025

 

 

4,038