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OTHER FINANCIAL INFORMATION (Tables)
 9 Months Ended
Nov. 30, 2020
Other Financial Information [Abstract]  
Schedule of Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

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

 

 

November 30,

 

 

February 29,

 

 

2020

 

 

2020

 

Operating lease liabilities

$

6,148

 

 

$

4,662

 

Taxes payable

 

2,487

 

 

 

2,266

 

Warranty reserves

 

1,184

 

 

 

987

 

Customer deposit

 

2,924

 

 

 

1,377

 

Litigation reserve

 

2,200

 

 

 

1,500

 

Interest payable

 

1,532

 

 

 

481

 

Other (1)

 

4,641

 

 

 

4,880

 

 

$

21,116

 

 

$

16,153

 

 

(1)

Amount represents accruals for various operating expense such as professional fees, vendor incentives and other estimates that are expected to be paid within the next 12 months.

 

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

 

 

November 30,

 

 

February 29,

 

 

2020

 

 

2020

 

Deferred revenue

$

24,214

 

 

$

27,452

 

Deferred compensation plan liability

 

6,965

 

 

 

5,919

 

Other

 

4,079

 

 

 

1,673

 

 

$

35,258

 

 

$

35,044

 
Schedule of Interest Expense

Supplemental Statement of Comprehensive Loss Information

Interest expense consists of the following (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

November 30,

 

 

November 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Interest expense on 2020 Convertible Notes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stated interest at 1.625% per annum

$

-

 

 

$

356

 

 

$

93

 

 

$

1,352

 

Amortization of discount and issue costs

 

-

 

 

 

1,038

 

 

 

289

 

 

 

3,989

 

 

 

-

 

 

 

1,394

 

 

 

382

 

 

 

5,341

 

Interest expense on 2025 Convertible Notes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stated interest at 2.00% per annum

 

1,150

 

 

 

1,150

 

 

 

3,463

 

 

 

3,476

 

Amortization of discount and issue costs

 

2,374

 

 

 

2,203

 

 

 

7,014

 

 

 

6,531

 

 

 

3,524

 

 

 

3,353

 

 

 

10,477

 

 

 

10,007

 

Other interest expense

 

356

 

 

 

240

 

 

 

955

 

 

 

650

 

Total interest expense

$

3,880

 

 

$

4,987

 

 

$

11,814

 

 

$

15,998

 
Schedule of 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,

 

 

2020

 

 

2019

 

Cash payments for interest and income taxes:

 

 

 

 

 

 

 

Interest expense paid

$

2,983

 

 

$

4,368

 

Income tax paid, net of refunds

$

653

 

 

$

749