GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

May 31, 2013

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

NOTE 4 - GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in goodwill are as follows (in thousands):

	Three Months Ended
	May 31,
	2013		2012
Balance at beginning of period	$	1,112	$	-
Navman product line acquisition		-		1,112
Wireless Matrix acquisition (see Note 2)		17,192		-
Balance at end of period	$	18,304	$	1,112

Other intangible assets are comprised as follows (in thousands):

		May 31, 2013						February 28, 2013
				Accum-						Accum-
		Gross		ulated				Gross		ulated
	Amortization	Carrying		Amortiz-				Carrying		Amortiz-
	Period	Amount		ation		Net		Amount		ation		Net
Customer lists	5-7 years	$	16,288	$	2,010	$	14,278	$	1,848	$	1,218	$	630
Developed/core technology	2-7 years		14,181		3,232		10,949		3,001		2,572		429
Supply contract	5 years		2,220		470		1,750		2,220		359		1,861
Tradename	7 years		2,130		684		1,446		2,130		609		1,521
Covenants not to compete	5 years		262		128		134		262		119		143
Patents	5 years		50		33		17		50		31		19
		$	35,131	$	6,557	$	28,574	$	9,511	$	4,908	$	4,603

All intangible asset amortization expense was attributable to the Wireless DataCom business. Estimated future amortization expense for the fiscal years ending February 28 is as follows (in thousands):

Fiscal Year
2014 (remainder)	$	4,451
2015		5,729
2016		5,677
2017		5,677
2018		5,176
Thereafter		1,864
	$	28,574