COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Aug. 31, 2018

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

COMPREHENSIVE INCOME (LOSS)

NOTE 11 – COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) consists of two components, net income and Other Comprehensive Income (Loss) (“OCI”). OCI refers to revenue, expenses, and gains and losses that under GAAP are recorded as an element of stockholders’ equity but are excluded from net income. Our OCI consists of currency translation adjustments from our foreign subsidiaries that do not use the U.S. dollar as their functional currency and unrealized gains and losses on equity investments and marketable securities classified as available-for-sale. As described in Note 1, upon adoption of ASU 2016-01 on March 1, 2018, we reclassified the unrealized gain on available-for-sale securities from Accumulated Other Comprehensive Income (“AOCI”) to beginning accumulated deficit.

The following table shows the changes in AOCI by component for the six months ended August 31, 2018 (in thousands):

	Cumulative Foreign Currency Translation			Unrealized Gains/Losses on Marketable Securities			Total
Balances at February 28, 2018	$	(633	)	$	434		$	(199	)
Other comprehensive loss, net of tax		3			(434	)		(431	)
Balances at August 31, 2018	$	(630	)	$	-		$	(630	)