GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

Nov. 30, 2013

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

NOTE 4 - GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in goodwill are as follows (in thousands):

	Nine Months Ended
	November 30,
	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):

		November 30, 2013						February 28, 2013
		Gross						Gross
	Amortization	Carrying		Accumulated				Carrying		Accumulated
	Period	Amount		Amortization		Net		Amount		Amortization		Net
Customer lists	5-7 years	$	16,288	$	3,525	$	12,763	$	1,848	$	1,218	$	630
Developed/core technology	2-7 years		14,181		4,288		9,893		3,001		2,572		429
Supply contract	5 years		2,220		692		1,528		2,220		359		1,861
Tradename	7 years		2,130		837		1,293		2,130		609		1,521
Covenants not to compete	5 years		262		145		117		262		119		143
Patents	5 years		112		39		73		50		31		19
		$	35,193	$	9,526	$	25,667	$	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)	$	1,484
2015		5,741
2016		5,690
2017		5,690
2018		5,188
Thereafter		1,874
	$	25,667