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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Feb. 28, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

Changes in goodwill are as follows (in thousands):

 

 

 

Year Ended February 28,

 

 

 

2018

 

 

2017

 

Balance at beginning of period

 

$

72,980

 

 

$

16,508

 

Acquisition of LoJack

 

 

-

 

 

 

56,472

 

Balance at end of period

 

$

72,980

 

 

$

72,980

 

 

Schedule of Other Intangible Assets

Other intangible assets are comprised as follows (in thousands):

 

 

 

 

 

Gross

 

 

Accumulated Amortization

 

 

Net

 

 

 

Amortization

 

Feb. 28,

 

 

 

 

 

 

Feb. 28,

 

 

Feb. 28,

 

 

 

 

 

 

Feb. 28,

 

 

Feb. 28,

 

 

Feb. 28,

 

 

 

Period

 

2017

 

 

Additions

 

 

2018

 

 

2017

 

 

Expense

 

 

2018

 

 

2018

 

 

2017

 

Supply contract

 

5 years

 

$

2,220

 

 

$

-

 

 

$

2,220

 

 

$

2,112

 

 

$

108

 

 

$

2,220

 

 

$

-

 

 

$

108

 

Developed technology

 

2-7 years

 

 

22,280

 

 

 

-

 

 

 

22,280

 

 

 

10,323

 

 

 

3,965

 

 

 

14,288

 

 

 

7,992

 

 

 

11,957

 

Tradenames

 

7-10 years

 

 

37,643

 

 

 

86

 

 

 

37,729

 

 

 

5,226

 

 

 

3,861

 

 

 

9,087

 

 

 

28,642

 

 

 

32,417

 

Customer lists

 

4-7 years

 

 

22,950

 

 

 

-

 

 

 

22,950

 

 

 

15,018

 

 

 

4,605

 

 

 

19,623

 

 

 

3,327

 

 

 

7,932

 

Dealer relationships

 

7 years

 

 

16,850

 

 

 

-

 

 

 

16,850

 

 

 

2,308

 

 

 

2,406

 

 

 

4,714

 

 

 

12,136

 

 

 

14,542

 

Covenants not to compete

 

5 years

 

 

170

 

 

 

-

 

 

 

170

 

 

 

162

 

 

 

8

 

 

 

170

 

 

 

-

 

 

 

8

 

Patents

 

5 years

 

 

347

 

 

 

136

 

 

 

483

 

 

 

88

 

 

 

36

 

 

 

124

 

 

 

359

 

 

 

259

 

 

 

 

 

$

102,460

 

 

$

222

 

 

$

102,682

 

 

$

35,237

 

 

$

14,989

 

 

$

50,226

 

 

$

52,456

 

 

$

67,223

 

 

Schedule of Future Amortization Expense

Estimated future amortization expense as of February 28, 2018 is as follows (in thousands):

 

2019

 

$

11,700

 

2020

 

 

9,693

 

2021

 

 

7,870

 

2022

 

 

6,236

 

2023

 

 

6,016

 

Thereafter

 

 

10,941

 

 

 

$

52,456