XML 50 R39.htm IDEA: XBRL DOCUMENT v3.19.2
Goodwill and Intangible Assets (Tables)
3 Months Ended
May 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

The change in goodwill by segment is as follows:

 

Automotive Electronics:

 

Amount

 

Beginning balance at March 1, 2019

 

$

8,252

 

Activity during the period

 

 

 

Balance at May 31, 2019

 

$

8,252

 

Gross carrying amount at May 31, 2019

 

$

8,252

 

Accumulated impairment charge

 

 

 

Net carrying amount at May 31, 2019

 

$

8,252

 

Consumer Electronics:

 

 

 

 

Beginning balance at March 1, 2019

 

$

46,533

 

Activity during the period

 

 

 

Balance at May 31, 2019

 

$

46,533

 

Gross carrying amount at May 31, 2019

 

$

78,696

 

Accumulated impairment charge

 

 

(32,163

)

Net carrying amount at May 31, 2019

 

$

46,533

 

Total Goodwill, net

 

$

54,785

 

 

Note: The Company's Biometrics segment did not carry a goodwill balance at May 31, 2019 or February 28, 2019.

Schedule of Intangible Assets, Excluding Goodwill

At May 31, 2019, intangible assets consisted of the following:

 

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Total Net

Book

Value

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

49,620

 

 

$

30,476

 

 

$

19,144

 

Trademarks/Tradenames

 

 

485

 

 

 

418

 

 

 

67

 

Developed technology

 

 

31,290

 

 

 

10,203

 

 

 

21,087

 

Patents

 

 

5,380

 

 

 

3,100

 

 

 

2,280

 

License

 

 

1,400

 

 

 

1,400

 

 

 

 

Contract

 

 

2,141

 

 

 

1,995

 

 

 

146

 

Total finite-lived intangible assets

 

$

90,316

 

 

$

47,592

 

 

 

42,724

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

 

 

 

 

 

 

 

 

 

74,864

 

Total net intangible assets

 

 

 

 

 

 

 

 

 

$

117,588

 

 

At February 28, 2019, intangible assets consisted of the following:

 

 

 

Gross

Carrying

Value

 

 

Accumulated

Amortization

 

 

Total Net

Book

Value

 

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

$

49,743

 

 

$

29,746

 

 

$

19,997

 

Trademarks/Tradenames

 

 

485

 

 

 

413

 

 

 

72

 

Developed technology

 

 

31,290

 

 

 

9,523

 

 

 

21,767

 

Patents

 

 

5,390

 

 

 

2,907

 

 

 

2,483

 

License

 

 

1,400

 

 

 

1,400

 

 

 

 

Contract

 

 

2,141

 

 

 

1,966

 

 

 

175

 

Total finite-lived intangible assets

 

$

90,449

 

 

$

45,955

 

 

 

44,494

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

 

 

 

 

 

 

 

 

 

74,955

 

Total net intangible assets

 

 

 

 

 

 

 

 

 

$

119,449

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated aggregate amortization expense for all amortizable intangibles for May 31 of each of the succeeding years is as follows:

 

Year

 

Amount

 

2020

 

$

6,883

 

2021

 

 

6,673

 

2022

 

 

6,361

 

2023

 

 

5,579

 

2024

 

 

5,409