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CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)
12 Months Ended
Feb. 28, 2017
Cash and Cash Equivalents [Abstract]  
Schedule of Cash and Marketable Securities

The following tables summarize the Company’s financial instrument assets as of February 28, 2017 and 2016 using the hierarchy described in Note 1 under the heading “Fair Value Measurements” (in thousands):

As of February 28, 2017
Balance Sheet Classification
of Fair Value
                Unrealized                 Cash and         Short-Term        
Adjusted Gains Fair Cash Marketable Other
Cost (Losses) Value Equivalents Securities Assets
Cash $ 39,322 $ - $ 39,322 $ 39,322 $ - $ -
 
Level 1:
       Money market funds 3,406 - 3,406 3,406 - -
       Mutual funds (1) 5,429 372 5,801 - - 5,801
       Equity investment in
              French licensee (2) 296 (54 ) 242 - - 242
 
Level 2:
       Repurchase agreements 24,000 - 24,000 24,000 - -
       Corporate bonds 33,708 (8 ) 33,700 26,978 6,722 -
Total $      106,161 $         310 $      106,471 $      93,706 $      6,722 $      6,043
 
As of February 28, 2016
Balance Sheet Classification
of Fair Value
Unrealized Cash and Short-Term
Adjusted Gains Fair Cash Marketable Other
Cost (Losses) Value Equivalents Securities Assets
Cash $ 6,890 $ - $ 6,890 $ 6,890 $ - $ -
 
Level 1:
       Mutual funds (1) 3,753 (383 ) 3,370 - - 3,370
       LoJack common stock (3) 4,050 1,416 5,466 - - 5,466
 
Level 2:
       Repurchase agreements 130,900 - 130,900 130,900 - -
       Corporate bonds 82,300 (16 ) 82,284 1,556 80,728
       Commercial paper 8,032 - 8,032 42 7,990 -
Total $ 235,925 $ 1,017 $ 236,942 $ 139,388 $ 88,718 $ 8,836