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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
May 31, 2017
May 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,654) $ (2,659)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation expense 2,025 1,821
Intangible assets amortization expense 3,858 3,490
Stock-based compensation expense 1,817 1,984
Tax benefits on the vesting of restricted stock-based awards and exercise of stock options 157
Amortization of convertible debt issue costs and discount 1,816 1,699
Deferred tax assets, net (1,609) (1,494)
Equity in net loss of affiliate 337 312
Impairment of internal use software 1,364
Changes in operating assets and liabilities:    
Accounts receivable 2,070 4,779
Inventories (3,348) 2,442
Prepaid expenses and other assets 1,069 (259)
Accounts payable 3,262 (1,032)
Accrued liabilities 1,344 (10,724)
Deferred revenue 1,083 6,599
Other (319)
NET CASH PROVIDED BY OPERATING ACTIVITIES 10,908 8,322
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities of marketable securities 6,722 38,578
Purchases of marketable securities (546)
Capital expenditures (2,079) (1,620)
Acquisition of LoJack, net of cash acquired (116,982)
Equity investment in and advances to affiliate (737)
Other (69) (20)
NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES 4,028 (80,781)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Taxes paid related to net share settlement of vested equity awards (156) (160)
Proceeds from exercise of stock options 96 721
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES (60) 561
EFFECT OF EXCHANGE RATE CHANGES ON CASH 108
Net change in cash and cash equivalents 14,984 (71,898)
Cash and cash equivalents at beginning of period 93,706 139,388
Cash and cash equivalents at end of period $ 108,690 $ 67,490