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Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Nov. 30, 2020
Nov. 30, 2019
Income Statement [Abstract]        
Net sales $ 201,065 $ 110,112 $ 401,084 $ 293,812
Cost of sales 142,937 78,648 284,905 212,570
Gross profit 58,128 31,464 116,179 81,242
Operating expenses:        
Selling 12,761 9,580 30,190 28,162
General and administrative 21,128 16,689 51,668 51,896
Engineering and technical support 5,676 5,059 14,942 15,901
Total operating expenses 39,565 31,328 96,800 95,959
Operating income (loss) 18,563 136 19,379 (14,717)
Other (expense) income:        
Interest and bank charges (471) (751) (2,334) (2,635)
Equity in income of equity investee 1,761 967 4,506 3,672
Gain on sale of real property (see Note 19)   4,057   4,057
Investment gain (see Note 4) 42   42 775
Other, net (121) (322) 21 1,869
Total other income, net 1,211 3,951 2,235 7,738
Income (loss) before income taxes 19,774 4,087 21,614 (6,979)
Income tax expense 2,334 2,720 6,724 1,190
Net income (loss) 17,440 1,367 14,890 (8,169)
Less: net loss attributable to non-controlling interest (811) (1,097) (2,429) (3,521)
Net income (loss) attributable to VOXX International Corporation 18,251 2,464 17,319 (4,648)
Other comprehensive income (loss):        
Foreign currency translation adjustments 79 (295) 3,608 (1,321)
Derivatives designated for hedging (43) 13 (514) (271)
Pension plan adjustments (6) 2 (85) 25
Other comprehensive income (loss), net of tax 30 (280) 3,009 (1,567)
Comprehensive income (loss) attributable to VOXX International Corporation $ 18,281 $ 2,184 $ 20,328 $ (6,215)
Income (loss) per share - basic: Attributable to VOXX International Corporation $ 0.75 $ 0.10 $ 0.72 $ (0.19)
Income (loss) per share - diluted: Attributable to VOXX International Corporation $ 0.74 $ 0.10 $ 0.71 $ (0.19)
Weighted-average common shares outstanding (basic) 24,197,786 24,418,313 24,196,393 24,458,926
Weighted-average common shares outstanding (diluted) 24,677,525 24,625,410 24,532,329 24,458,926