GOODWILL AND INTANGIBLE ASSETS

12 Months Ended

Feb. 29, 2012

GOODWILL AND INTANGIBLE ASSETS [Abstract]

6. GOODWILL AND INTANGIBLE ASSETS

Changes in the carrying amount of goodwill by reporting unit for fiscal 2012 consists of the following (in thousands):

Twelve Months Ended February 29, 2012	Analog/Mixed Signal			Wireless			AIS			Total

Balance, beginning of year	$	33,393		$	24,531		$	71,649		$	129,573
Accumulated impairment losses		-			-			(52,300	)		(52,300	)
		33,393			24,531			19,349			77,273
Adjustments		192			-			-			192
Goodwill acquired		-			40,173			-			40,173
Foreign exchange rate impact		(132	)		(2,965	)		(108	)		(3,205	)
Balance, end of year		33,453			61,739			71,541			166,733
Accumulated impairment losses		-			-			(52,300	)		(52,300	)
	$	33,453		$	61,739		$	19,241		$	114,433

Changes in the carrying amount of goodwill by reporting unit for fiscal 2011 consists of the following (in thousands):

Twelve Months Ended February 28, 2011	Analog/Mixed Signal		Wireless			AIS			Total

Balance, beginning of year	$	31,839	$	3,278		$	71,597		$	106,714
Accumulated impairment losses		-		-			(52,300	)		(52,300	)
		31,839		3,278			19,297			54,414
Adjustments		-		(787	)		-			(787	)
Goodwill acquired		1,497		19,400			-			20,897
Foreign exchange rate impact		57		2,640			52			2,749
Balance, end of year		33,393		24,531			71,649			129,573
Accumulated impairment losses		-		-			(52,300	)		(52,300	)
	$	33,393	$	24,531		$	19,349		$	77,273

The Company's identifiable intangible assets consisted of the following (in thousands):

For the Fiscal Years Ended February 29 and 28,	2012				2011
	Cost		Accumulated Amortization		Cost		Accumulated Amortization

Purchased technologies	$	55,219	$	39,138	$	48,151	$	32,353
Customer relationships and contracts		19,951		12,908		18,291		10,268
Other		2,118		997		2,096		642
Total – finite-lived intangible assets		77,288		53,043		68,538		43,263
Trademarks and trade names		6,342		-		6,470		-
	$	83,630	$	53,043	$	75,008	$	43,263

Existing technologies have been assigned estimated useful lives of between six and nine years, with a weighted-average useful life of approximately eight years. Customer relationships and contracts have been assigned useful lives of between one and fifteen years, with a weighted-average useful life of approximately seven years. Certain trade names related to acquired businesses are amortized over a period of one year.

Total amortization expense recorded for finite-lived intangible assets was as follows (in thousands):

For the Fiscal Years Ended February 29 and 28,		2012				2011				2010
Amortization expense		$	10,268			$	8,465			$	6,311

Estimated future finite-lived intangible asset amortization expense is as follows (in thousands):

Period	Amount
Fiscal 2013	$	9,517
Fiscal 2014	$	4,357
Fiscal 2015	$	3,844
Fiscal 2016	$	3,120
Fiscal 2017 and thereafter	$	3,407
	$	24,245

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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