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CONCENTRATION OF RISK
6 Months Ended
Aug. 31, 2017
Risks and Uncertainties [Abstract]  
CONCENTRATION OF RISK

NOTE 10 - CONCENTRATION OF RISK

One customer in the heavy equipment industry accounted for 12% and 11% of our consolidated revenue for the three and six months ended August 31, 2017, and 16% and 12% of our consolidated accounts receivable at August 31, 2017 and February 28, 2017, respectively.

We have contract manufacturing arrangements with electronic manufacturing service providers for Mobile Resource Management (“MRM”) devices, LoJack Stolen Vehicle Recovery (“SVR”) products, certain other products, transmission towers and certain components and subassemblies. One supplier accounted for 32% and 31% of our total inventory purchases in the three and six months ended August 31, 2017 and 37% and 41% in the three and six months ended August 31, 2016, respectively. As of August 31, 2017, this supplier accounted for 41% of our total accounts payable. Another supplier accounted for 14% and 16% of our total inventory purchases in the three and six months ended August 31 2017 and 13% and 11% in the three and six months ended August 31, 2016, respectively, and 14% of our total accounts payable as of August 31, 2017. A third supplier accounted for 13% and 11% of our total inventory purchases in the three and six months ended August 31, 2017 and 11% and 10% in the three and six months ended August 31, 2016, respectively. This supplier accounted for 10% of our total accounts payable as of August 31, 2017. Some of our products and subassemblies are purchased from sole source suppliers.