OTHER FINANCIAL INFORMATION

9 Months Ended

Nov. 30, 2017

OTHER FINANCIAL INFORMATION [Abstract]

OTHER FINANCIAL INFORMATION

NOTE 13 – OTHER FINANCIAL INFORMATION

Supplemental Balance Sheet Information

Other current liabilities consist of the following (in thousands):

	November 30,		February 28,
	2017		2017
Warranty reserves	$	6,145	$	6,518
Litigation reserve		17,241		10,144
Other		8,012		8,296
	$	31,398	$	24,958

Other non-current liabilities consist of the following (in thousands):

	November 30,		February 28,
	2017		2017
Deferred revenue	$	15,317	$	12,257
Deferred compensation plan liability		5,849		5,825
Acquisition-related contingent consideration		722		636
Deferred rent		207		378
Other		1,376		1,133
	$	23,471	$	20,229

Supplemental Statement of Operations Information

Interest expense consists of the following (in thousands):

	November 30				November 30
	2017		2016		2017		2016
Interest expense on convertible senior unsecured notes:
Stated interest at 1.625% per annum	$	701	$	701	$	2,106	$	2,103
Amortization of note discount		1,661		1,562		4,924		4,631
Amortization of debt issue costs		211		199		627		590
		2,573		2,462		7,657		7,324
Other interest expense		-		17		1		53
Total interest expense	$	2,573	$	2,479	$	7,658	$	7,377

Supplemental Cash Flow Information

“Net cash provided by operating activities” includes cash payments for interest expense and income taxes as follows (in thousands):

	Nine Months Ended
	November 30,
	2017		2016
Interest expense paid	$	2,847	$	2,851
Income tax paid	$	1,113	$	1,202

The following is the supplemental schedule of non-cash investing and financing activities (in thousands):

	Nine Months Ended
	November 30,
	2017		2016
Equity investment in and loan to ThinxNet (see Note 5)	$	2,674	$	-