XML 60 R46.htm IDEA: XBRL DOCUMENT v3.7.0.1
CASH, CASH EQUIVALENTS AND INVESTMENTS (Details) - USD ($)
$ in Thousands
Feb. 28, 2017
Mar. 18, 2016
Feb. 29, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjusted Cost $ 106,161   $ 235,925
Unrealized Gains (Losses) 310   1,017
Fair Value 106,471   236,942
Cash [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjusted Cost 39,322   6,890
Unrealized Gains (Losses)  
Fair Value 39,322   6,890
Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjusted Cost 3,406    
Unrealized Gains (Losses)    
Fair Value 3,406    
Fair Value, Inputs, Level 1 [Member] | Mutual funds [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjusted Cost [1] 5,429   3,753
Unrealized Gains (Losses) [1] 372   (383)
Fair Value [1] 5,801   3,370
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjusted Cost [2] 296    
Unrealized Gains (Losses) [2] (54)    
Fair Value [2] 242    
Fair Value, Inputs, Level 2 [Member] | Repurchase Agreements [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjusted Cost 24,000   130,900
Unrealized Gains (Losses)  
Fair Value 24,000   130,900
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjusted Cost 33,708   82,300
Unrealized Gains (Losses) (8)   (16)
Fair Value 33,700   82,284
Fair Value, Inputs, Level 2 [Member] | Commercial Paper [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjusted Cost     8,032
Unrealized Gains (Losses)    
Fair Value     8,032
Cash and Cash Equivalents [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value 93,706   139,388
Cash and Cash Equivalents [Member] | Cash [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value 39,322   6,890
Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value 3,406    
Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 1 [Member] | Mutual funds [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value [1]  
Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value [2]    
Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 2 [Member] | Repurchase Agreements [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value 24,000   130,900
Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value 26,978   1,556
Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Paper [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value     42
Short Term Marketable Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value 6,722   88,718
Short Term Marketable Securities [Member] | Cash [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value  
Short Term Marketable Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value    
Short Term Marketable Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Mutual funds [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value [1]  
Short Term Marketable Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value [2]    
Short Term Marketable Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Repurchase Agreements [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value  
Short Term Marketable Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value 6,722   80,728
Short Term Marketable Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Paper [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value     7,990
Other Assets [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value 6,043   8,836
Other Assets [Member] | Cash [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value  
Other Assets [Member] | Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value    
Other Assets [Member] | Fair Value, Inputs, Level 1 [Member] | Mutual funds [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value [1] 5,801   3,370
Other Assets [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value [2] 242    
Other Assets [Member] | Fair Value, Inputs, Level 2 [Member] | Repurchase Agreements [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value  
Other Assets [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value    
Other Assets [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Paper [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value    
LoJack [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Investment Owned, Balance, Shares     850,100
Business Acquisition, Percentage of Voting Interests Acquired   100.00%  
LoJack [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjusted Cost [3]     $ 4,050
Unrealized Gains (Losses) [3]     1,416
Fair Value [3]     5,466
LoJack [Member] | Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value [3]    
LoJack [Member] | Short Term Marketable Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value [3]    
LoJack [Member] | Other Assets [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Fair Value [3]     $ 5,466
[1] The Company has established a non-qualified deferred compensation plan for certain members of management and all non-employee directors. The Company is informally funding its obligations under the deferred compensation plan by purchasing shares in various equity, bond and money market mutual funds that are held in a "Rabbi Trust" and are restricted for payment of obligations to plan participants. The deferred compensation plan liability is included in Other Non-current Liabilities in the accompanying consolidated balance sheets.
[2] The equity investment in LoJacks French licensee, in the form of a publicly-traded common stock, is accounted for as an available-for-sale security and is valued at the quoted closing price on its market exchange. The related unrealized gains or losses are included in accumulated other comprehensive income (loss) in the stockholders equity section of the consolidated balance sheet.
[3] The Company purchased 850,100 shares of LoJack common stock in the open market in November and December 2015, prior to entering into a definitive agreement to acquire 100% of LoJacks common stock. These shares were considered trading securities and were recorded at fair value as of February 28, 2016.