GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

Nov. 30, 2014

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,
	2014		2013
Balance at beginning of period	$	15,422	$	1,112
Wireless Matrix acquisition		-		17,192
Purchase price allocation adjustments		57		-
Balance at end of period	$	15,479	$	18,304

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

			November 30, 2014						February 28, 2014
			Gross						Gross
	Amortization		Carrying		Accumulated				Carrying		Accumulated
	Period		Amount		Amortization		Net		Amount		Amortization		Net
Supply contract		5 years	$	2,220	$	1,136	$	1,084	$	2,220	$	803	$	1,417
Developed/core technology		2-7 years		16,151		6,577		9,574		16,151		4,886		11,265
Tradename		7 years		2,130		1,141		989		2,130		913		1,217
Customer lists		5-7 years		19,438		7,060		12,378		19,438		4,394		15,044
Covenants not to compete		5 years		262		179		83		262		153		109
Patents		5 years		165		49		116		121		42		79
			$	40,366	$	16,142	$	24,224	$	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)	$	1,639
2016		6,554
2017		6,554
2018		6,052
2019		2,738
Thereafter		687
	$	24,224