GOODWILL AND OTHER INTANGIBLE ASSETS

3 Months Ended

May 31, 2014

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

NOTE 4 - GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in goodwill are as follows (in thousands):

	Three Months Ended
	May 31,
	2014		2013
Balance at beginning of period	$	15,422	$	1,112
Wireless Matrix acquisition		-		17,192
Purchase price allocation adjustments		86		-
Balance at end of period	$	15,508	$	18,304

All goodwill is associated with the Company's Wireless DataCom segment.

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

		May 31, 2014						February 28, 2014
		Gross						Gross
	Amortization	Carrying		Accumulated				Carrying		Accumulated
	Period	Amount		Amortization		Net		Amount		Amortization		Net
Supply contract	5 years	$	2,220	$	914	$	1,306	$	2,220	$	803	$	1,417
Developed/core technology	2-7 years		16,151		5,482		10,669		16,151		4,886		11,265
Tradename	7 years		2,130		989		1,141		2,130		913		1,217
Customer lists	5-7 years		19,438		5,283		14,155		19,438		4,394		15,044
Covenants not to compete	5 years		262		162		100		262		153		109
Patents	5 years		128		43		85		121		42		79
		$	40,329	$	12,873	$	27,456	$	40,322	$	11,191	$	29,131

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
2015 (remainder)	$	4,911
2016		6,546
2017		6,546
2018		6,045
2019		2,731
Thereafter		677
	$	27,456