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Segment Reporting (Tables)
9 Months Ended
Nov. 30, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segments

Segment data for each of the Company's segments is presented below:

 

 

 

Automotive

Electronics

 

 

Consumer

Electronics

 

 

Biometrics

 

 

Corporate/

Eliminations

 

 

Total

 

Three Months Ended November 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

61,589

 

 

$

129,733

 

 

$

355

 

 

$

194

 

 

$

191,871

 

Equity in income of equity investees

 

 

2,206

 

 

 

 

 

 

 

 

 

 

 

 

2,206

 

Interest expense and bank charges

 

 

417

 

 

 

2,076

 

 

 

423

 

 

 

(2,186

)

 

 

730

 

Depreciation and amortization expense

 

 

749

 

 

 

1,647

 

 

 

73

 

 

 

937

 

 

 

3,406

 

Income (loss) before income taxes (a)

 

 

4,818

 

 

 

9,998

 

 

 

(2,263

)

 

 

(42,866

)

 

 

(30,313

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended November 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

61,488

 

 

$

139,039

 

 

$

343

 

 

$

195

 

 

$

201,065

 

Equity in income of equity investees

 

 

1,761

 

 

 

 

 

 

 

 

 

 

 

 

1,761

 

Interest expense and bank charges

 

 

537

 

 

 

2,290

 

 

 

372

 

 

 

(2,728

)

 

 

471

 

Depreciation and amortization expense

 

 

876

 

 

 

1,002

 

 

 

75

 

 

 

981

 

 

 

2,934

 

Income (loss) before income taxes

 

 

6,601

 

 

 

20,351

 

 

 

(2,078

)

 

 

(5,100

)

 

 

19,774

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended November 30, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

150,007

 

 

$

320,805

 

 

$

813

 

 

$

415

 

 

$

472,040

 

Equity in income of equity investees

 

 

6,964

 

 

 

 

 

 

 

 

 

 

 

 

6,964

 

Interest expense and bank charges

 

 

1,099

 

 

 

5,962

 

 

 

1,239

 

 

 

(6,460

)

 

 

1,840

 

Depreciation and amortization expense

 

 

2,287

 

 

 

3,651

 

 

 

224

 

 

 

2,816

 

 

 

8,978

 

Income (loss) before income taxes (a)

 

 

8,974

 

 

 

17,905

 

 

 

(7,191

)

 

 

(48,629

)

 

 

(28,941

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended November 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

111,397

 

 

$

288,545

 

 

$

703

 

 

$

439

 

 

$

401,084

 

Equity in income of equity investees

 

 

4,506

 

 

 

 

 

 

 

 

 

 

 

 

4,506

 

Interest expense and bank charges

 

 

1,058

 

 

 

6,530

 

 

 

1,094

 

 

 

(6,402

)

 

 

2,280

 

Depreciation and amortization expense

 

 

2,050

 

 

 

2,921

 

 

 

247

 

 

 

3,006

 

 

 

8,224

 

Income (loss) before income taxes

 

 

3,730

 

 

 

33,087

 

 

 

(6,229

)

 

 

(8,974

)

 

 

21,614

 

 

 

(a)

Included within Corporate/Eliminations for the three and nine months ended November 30, 2021 is a charge of $39,444 recorded for an interim arbitration award unfavorable to the Company (see Note 24).