NOTE 6 – OTHER ASSETS

Other assets consist of the following (in thousands):

	May 31,		February 29,
	2016		2016
Deferred compensation plan assets	$	4,698	$	3,370
Investment in international licensees		2,351		-
Equity investment in and loans to U.K. affiliate		1,644		1,167
Other		2,003		637
Investment in LoJack common stock		-		5,466
	$	10,696	$	10,640

Included in the assets acquired from LoJack are investments in international licensees at LoJack's carrying cost of $2,351,000 consisting of a 12.5% equity interest in LoJack's Mexican licensee, totaling $1,541,000, a 17.5% equity interest in LoJack's Benelux licensee, totaling $500,000, and a 5.5% interest in LoJack's French licensee, totaling $310,000. The Company has not yet obtained all information required to complete the valuation of the Mexican and Benelux investments. The investment in LoJack's French licensee, in the form of a marketable equity security, is accounted for as an available-for-sale security and is valued at the quoted closing price of its market exchange as of the reporting date.

Equity investment and loans to the Company's U.K. affiliate of $1,644,000 includes a 49% equity interest in and loans to Smart Driver Club Limited. The investment is accounted for under the equity method since the Company has significant influence over the investee. The Company's equity in the net loss of this affiliate amounted to $312,000 in the quarter ended May 31, 2016. In May 2016, the Company made an interest bearing loan of $737,000 to Smart Driver Club Limited at an annual interest rate of 8%, with principal and all unpaid interest due May 19, 2020.

LoJack became a wholly-owned subsidiary of the Company in March 2016, at which time the investment of $5.5 million as of February 29, 2016 became part of the purchase price of the LoJack acquisition, as described in Note 2.