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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
May 31, 2021
May 31, 2020
Income Statement [Abstract]    
Net sales $ 137,060 $ 71,987
Cost of sales 100,365 52,012
Gross profit 36,695 19,975
Operating expenses:    
Selling 11,467 8,567
General and administrative 19,352 14,995
Engineering and technical support 6,232 4,485
Total operating expenses 37,051 28,047
Operating loss (356) (8,072)
Other (expense) income:    
Interest and bank charges (528) (799)
Equity in income of equity investee 2,723 862
Other, net 442 685
Total other income, net 2,637 748
Income (loss) before income taxes 2,281 (7,324)
Income tax expense 484 1,781
Net income (loss) 1,797 (9,105)
Less: net loss attributable to non-controlling interest (919) (833)
Net income (loss) attributable to VOXX International Corporation 2,716 (8,272)
Other comprehensive income (loss):    
Foreign currency translation adjustments 372 504
Derivatives designated for hedging 119 (177)
Pension plan adjustments 1 (14)
Other comprehensive income, net of tax 492 313
Comprehensive income (loss) attributable to VOXX International Corporation $ 3,208 $ (7,959)
Income (loss) per share - basic: Attributable to VOXX International Corporation $ 0.11 $ (0.34)
Income (loss) per share - diluted: Attributable to VOXX International Corporation $ 0.11 $ (0.34)
Weighted-average common shares outstanding (basic) 24,266,242 24,224,478
Weighted-average common shares outstanding (diluted) 24,925,974 24,224,478