	August 31,		February 28,
	2017		2017
Deferred compensation plan assets	$	5,485	$	5,801
Investment in international licensees		2,366		2,282
Equity investment in and loan to ThinxNet GmbH		2,674		-
Equity investment in and loans to UK affiliate		2,534		2,402
Other		2,954		2,080
	$	16,013	$	12,565

Our investment in international licensees at August 31, 2017 consists principally of a 12.5% equity interest in a Mexican licensee of $1.7 million as well as other smaller interests in Benelux and French licensees. The investment in these licensees are accounted for using the cost method of accounting and carried at cost as we do not exercise significant influence over these investees.

In September 2015, we invested £1,400,000 for a 49% minority ownership interest in Smart Driver Club Limited (“Smart Driver Club”), a technology and insurance startup company located in the United Kingdom. This investment is accounted for under the equity method since we have significant influence over the investee. Our equity in the net loss of Smart Driver Club amounted to $713,000 and $684,000 in the six months ended August 31, 2017 and 2016, respectively. To date we have made loans aggregating £2,500,000, of which £500,000 was made in July 2017, to Smart Driver Club bearing interest at an annual interest rate of 8%, with all principal and all unpaid interest due in 2020. The foreign currency translation adjustment for this equity investment and loans amounted to $108,000 as of August 31, 2017 and is included as a component of Accumulated Other Comprehensive Loss in the consolidated balance sheet as of that date.

Effective August 24, 2017, we acquired an ownership interest valued at $1.4 million in ThinxNet GmbH, a company headquartered in Munich, Germany (“ThinxNet”). ThinxNet is an early stage company focused on commercializing cloud-based mobile device and applications in the automotive sector throughout Europe. This represents a cost basis investment as we cannot exercise significant influence over the business. Contemporaneously, we executed an unsecured convertible note receivable for $1.27 million with an interest rate of 6% which has a fixed term of 12 months, after which the loan can be converted to equity in ThinxNet or a loan payable on demand at our option. The equity investment and note receivable were consideration we received in exchange for our outstanding accounts receivable from ThinxNet. No gain or loss was recorded on this exchange. The assets received in this exchange are included in Other Assets in the consolidated balance sheet as of August 31, 2017.

Our investments in the aforementioned licensees are included in other assets on our condensed consolidated balance sheet and are carried at cost, which represents their fair value as measured on the date of the acquisition of LoJack, and adjusted only for other-than-temporary declines in fair value. We have concluded that there are no indicators of impairment to the fair value of these investments for all periods presented.