DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Feb. 29, 2020

Based upon our assessment of economic conditions, our expectations of future business conditions and trends, our projected revenues, earnings, and cash flows, we determined that certain of our long-lived assets utilized in our LoJack US SVR reporting unit were impaired in fiscal year 2020 as follows (in thousands):

	Year Ended February 29, 2020
Other intangible assets:
Tradenames	$	11,540
Dealer and customer relationships		6,194
Property and equipment		514
Operating lease right-of-use assets and related liabilities		895
Total	$	19,143

ASU 2014-09 [Member]

Summary of Disaggregation of Revenue by Type of Goods and Services and by Timing of Revenue Recognition

We disaggregate revenue from contracts with customers into reportable segments, geography, type of goods and services and timing of revenue recognition. See Note 20 for our revenue by segment and geography. The disaggregation of revenue by type of goods and services and by timing of revenue recognition was as follows (in thousands):

	Year Ended February 29/28,
	2020		2019
Revenue by type of goods and services:
Telematics devices and accessories	$	258,449	$	295,750
Rental income and other services		24,415		13,293
Recurring application subscriptions		83,243		54,757
Total	$	366,107	$	363,800

Revenue by timing of revenue recognition:
Revenue recognized at a point in time	$	279,880	$	300,378
Revenue recognized over time		86,227		63,422
Total	$	366,107	$	363,800

Product revenues presented in the table above include devices sold in customer arrangements that include both the device and monitoring services. Recurring application subscriptions revenues include the amortization for customized devices functional only with application subscriptions.

We adopted ASC 606 under the modified retrospective method on March 1, 2018, and therefore we did not present comparative information for the fiscal year ended February 28, 2018.