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DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Nov. 30, 2021
ASU 2014-09 [Member]  
Disaggregation of Revenue by Type of Goods and Services and by Timing of Revenue Recognition which Reflect the Immaterial Adjustments

 

We disaggregate revenue from contracts with customers into reportable segments, geography, type of goods and services and timing of revenue recognition. See Note 15, Segment Information and Geographic Data, for our revenue by segment and geography. The disaggregation of revenue by type of goods and services and by timing of revenue recognition is as follows (in thousands):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

November 30,

 

 

November 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Revenue by type of goods and services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Telematics devices and accessories

$

40,376

 

 

$

50,129

 

 

$

143,902

 

 

$

141,285

 

Rental income and other services

 

3,248

 

 

 

5,669

 

 

 

10,353

 

 

 

13,064

 

Recurring application subscriptions

 

25,153

 

 

 

22,714

 

 

 

73,207

 

 

 

72,291

 

Total

$

68,777

 

 

$

78,512

 

 

$

227,462

 

 

$

226,640

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

November 30,

 

 

November 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Revenue by timing of revenue recognition:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue recognized at a point in time

$

40,785

 

 

$

55,446

 

 

$

148,908

 

 

$

153,409

 

Revenue recognized over time

 

27,992

 

 

 

23,066

 

 

 

78,554

 

 

 

73,231

 

Total

$

68,777

 

 

$

78,512

 

 

$

227,462

 

 

$

226,640