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Financing Arrangements (Details)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended
Aug. 31, 2014
USD ($)
Rate
Aug. 31, 2013
USD ($)
May 31, 2012
USD ($)
Aug. 31, 2014
USD ($)
Aug. 31, 2013
USD ($)
Rate
Feb. 28, 2014
USD ($)
Jan. 09, 2014
USD ($)
Feb. 28, 2013
USD ($)
Aug. 31, 2014
Domestic [Member]
Revolving Credit Facility [Member]
USD ($)
Feb. 28, 2014
Domestic [Member]
Revolving Credit Facility [Member]
USD ($)
Aug. 31, 2014
Foreign [Member]
Bank Loan Obligations [Member]
USD ($)
Rate
Feb. 28, 2014
Foreign [Member]
Bank Loan Obligations [Member]
USD ($)
Oct. 23, 2000
Foreign [Member]
Bank Loan Obligations [Member]
EUR (€)
Rate
May 31, 2012
Cash Paid [Member]
USD ($)
May 31, 2012
Mortgage Assumed [Member]
USD ($)
Mar. 14, 2012
Commercial Loan [Member]
USD ($)
Jan. 09, 2014
Letter of Credit [Member]
USD ($)
Mar. 14, 2012
Letter of Credit [Member]
USD ($)
Mar. 14, 2012
Revolving Credit Facility [Member]
USD ($)
Jan. 09, 2014
Loans [Member]
USD ($)
Mar. 14, 2012
Loans [Member]
USD ($)
Jan. 09, 2014
United States of America, Dollars
Revolving Credit Facility [Member]
USD ($)
Mar. 14, 2012
United States of America, Dollars
Revolving Credit Facility [Member]
USD ($)
Jan. 09, 2014
Multicurrency [Member]
Revolving Credit Facility [Member]
USD ($)
Mar. 14, 2012
Multicurrency [Member]
Revolving Credit Facility [Member]
USD ($)
Mar. 14, 2012
VOXX International (Germany) GmbH [Member]
United States of America, Dollars
Revolving Credit Facility [Member]
USD ($)
May 31, 2012
LIBOR Rate Loan [Member]
Mortgages [Member]
Rate
Apr. 30, 2013
LIBOR Rate Loan [Member]
Commercial Loan [Member]
Rate
Apr. 30, 2013
LIBOR Rate Loan [Member]
United States of America, Dollars
Revolving Credit Facility [Member]
Rate
Aug. 31, 2014
LIBOR Rate Loan [Member]
Minimum [Member]
Rate
Aug. 31, 2014
LIBOR Rate Loan [Member]
Maximum [Member]
Rate
Aug. 31, 2014
Alternate Base Rate Loan [Member]
Minimum [Member]
Rate
Aug. 31, 2014
Alternate Base Rate Loan [Member]
Maximum [Member]
Rate
Aug. 31, 2014
Schwaiger [Member]
Mortgages [Member]
USD ($)
Feb. 28, 2014
Schwaiger [Member]
Mortgages [Member]
USD ($)
Jan. 09, 2012
Schwaiger [Member]
Mortgages [Member]
Rate
Aug. 31, 2013
Hirschmann [Member]
Rate
Aug. 31, 2014
Hirschmann [Member]
Rate
Jul. 15, 2012
Hirschmann [Member]
EUR (€)
Aug. 31, 2014
Hirschmann [Member]
Line of Credit [Member]
USD ($)
Feb. 28, 2014
Hirschmann [Member]
Line of Credit [Member]
USD ($)
Aug. 31, 2014
Klipsch [Member]
Long-term Debt [Member]
USD ($)
Feb. 28, 2014
Klipsch [Member]
Long-term Debt [Member]
USD ($)
Aug. 31, 2014
Klipsch [Member]
Notes Payable to Banks [Member]
USD ($)
Feb. 28, 2014
Audiovox Germany [Member]
Mortgages [Member]
USD ($)
Jan. 03, 2013
Audiovox Germany [Member]
Mortgages [Member]
Rate
Aug. 31, 2014
Audiovox Germany [Member]
Loans [Member]
USD ($)
May 31, 2012
Interest Rate Contract [Member]
Rate
Debt Instrument [Line Items]                                                                                                
Line of Credit Facility, Current Borrowing Capacity               $ 205,000                                                                                
Long-term Debt 96,287     96,287   109,182     73,950 [1] 87,950 [1] 3,971 [2] 3,762 [2] 20,000 [2]                                         1,492 [3] 1,706 [3]         2,394 [4] 0 [4] 7,388 [5] 7,855 [5] 498 7,909 [6]   7,092 [6]  
Current portion of long-term debt 8,501     8,501   5,960                                                                                    
Long-term Debt, Excluding Current Maturities 87,786     87,786   103,222                                                                                    
Line of Credit Facility Sublimit                                 25,000 25,000   10,000 10,000                                                      
Line of Credit Facility, Maximum Borrowing Capacity             200,000                 75,000     80,000     200,000   30,000 50,000 50,000                         6,000                  
Portion of Accounts Receivable Eligible for Factoring                         60.00%                                                                      
Amortization of Financing Costs 71 38   139 53                                                                                      
Deferred Finance Costs, Net             1,455 6,700                                                                                
Line of Credit Facility, Amount Outstanding 73,950     73,950                                                                                        
Line of Credit Facility, Limited Availability                                             110,000                                                  
Line of Credit Facility, Seasonal Availability                                             20,000                                                  
Debt Instrument, Basis Spread on Variable Rate 2.27%                   2.10%                               2.25%     1.00% 2.00% 0.00% 1.00%       2.00%                      
Accounts Receivable Factoring Arrangement, Fee                         0.22%                                                                      
Accumulated Amortization, Deferred Finance Costs 279 344   558 688                                                                                      
Debt Instrument, Interest Rate, Stated Percentage                         0.00% [2]                             0.515% 0.518%             3.75%                   2.85%    
Significant Acquisitions and Disposals, Acquisition Costs or Sale Proceeds     10,900                                                                                          
Payments to Acquire Property, Plant, and Equipment       5,977 5,731                 3,100                                                                    
Mortgage Loans on Real Estate, New Mortgage Loans   7,800                         7,800                                                                  
Mortgage Loans on Real Estate, Interest Rate         3.92%                                                                                     3.92%
Mortgage Loans on Real Estate $ 6,890     $ 6,890                                                                                        
Debt Instrument, Interest Rate at Period End                                                                           2.20%                    
[1] {F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjM2NzNhODY4MjA0ZTQwMDc5N2JiOTdiNGY5M2ViNzdmfFRleHRTZWxlY3Rpb246OUVFRkMzODlCQ0U3NjBBNkRCQjY2QjYzNDlCNkY0M0MM}
[2] Foreign bank obligations include a financing arrangement entered into in October 2000, totaling €20,000 and consisting of a Euro accounts receivable factoring arrangement and a Euro Asset-Based Lending ("ABL") (up to 60% of eligible non-factored accounts receivable) credit facility for the Company's subsidiary, Audiovox Germany, which expires on November 1, 2014. The rate of interest is the three month Euribor plus 1.9% (2.1% at August 31, 2014), and the Company pays 0.22% of its gross sales as a fee for the accounts receivable factoring arrangement. As of August 31, 2014, the amount of non-factored accounts receivable exceeded the amounts outstanding under this obligation.
[3] Schwaiger Mortgage In January 2012, the Company's Schwaiger subsidiary purchased a building, entering into a mortgage note payable. The mortgage note bears interest at 3.75% and will be fully paid by December 2019.
[4] Hirschmann Line of CreditOn July 15, 2012, Hirschmann entered into an agreement for a €6,000 working capital line of credit with a financial institution. The agreement is payable on demand and is mutually cancelable. The rate of interest is the three month Euribor plus 2% (2.2% at August 31, 2014) and the line of credit is guaranteed by VOXX International Corporation.
[5] Klipsch MortgagesIncluded in this balance is a mortgage on a facility included in the assets acquired in connection with the Klipsch transaction on March 1, 2011 and assumed by Voxx. The balance at August 31, 2014 is $498 and will be fully paid by the end of Fiscal 2018.On April 20, 2012, the Company purchased the building housing Klipsch's headquarters in Indianapolis, IN for approximately $10,900. The Company paid $3,100 cash at closing and assumed the mortgage held by the seller, Woodview LLC, in the amount of $7,800. Woodview LLC was a related party, as certain members are executives of Klipsch. On June 3, 2013, the Company refinanced this mortgage with Wells Fargo for an amount totaling $7,800. The new mortgage is due in May 2023 and the interest rate is equal to the 1-month LIBOR plus 2.25%. Simultaneously on June 3, 2013, the Company entered into an interest rate swap agreement in order to hedge interest rate exposure and will pay a fixed rate of 3.92% under the swap agreement (see Note 3). The balance of the mortgage at August 31, 2014 was $6,890.
[6] Audiovox Germany LoansIncluded in this balance is a mortgage on the land and building housing Audiovox Germany's headquarters in Pulheim, Germany, which was entered into in January 2013. The mortgage bears interest at 2.85%, payable in twenty-six quarterly installments through June 2019.