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Other Income (Expense)
3 Months Ended
May 31, 2019
Other Income And Expenses [Abstract]  
Other Income (Expense)

(17)

Other Income (Expense)

Other income (expense) is comprised of the following:

 

 

 

Three months ended

May 31,

 

 

 

2019

 

 

2018

 

Foreign currency gain

 

$

106

 

 

$

335

 

Interest income

 

 

390

 

 

 

206

 

Rental income

 

 

142

 

 

 

121

 

Miscellaneous

 

 

1,006

 

 

 

(1

)

Total other, net

 

$

1,644

 

 

$

661

 

 

Included within miscellaneous for the three months ended May 31, 2019 is the benefit from a key man life insurance policy in the amount of $1,000 related to a former employee of Klipsch Group, Inc. that Voxx became the beneficiary of in conjunction with the acquisition of Klipsch in Fiscal 2012. At the time of acquisition, the individual was no longer employed by Klipsch and was never an employee of Voxx; however, Voxx has remained the beneficiary of the policy until the individual’s death.