Goodwill and Intangible Assets

6 Months Ended

Aug. 31, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

(11)	Goodwill and Intangible Assets

The change in goodwill by segment is as follows:

Automotive Electronics:	Amount
Beginning balance at March 1, 2020	$	8,467
Activity during the period		3,383
Balance at August 31, 2020	$	11,850
Gross carrying value at August 31, 2020	$	11,850
Accumulated impairment charge		—
Net carrying value at August 31, 2020	$	11,850
Consumer Electronics:
Beginning balance at March 1, 2020	$	46,533
Activity during the period		—
Balance at August 31, 2020	$	46,533
Gross carrying value at August 31, 2020	$	78,696
Accumulated impairment charge		(32,163	)
Net carrying value at August 31, 2020	$	46,533
Total Goodwill, net	$	58,383

The Company's Biometrics segment did not carry a goodwill balance at August 31, 2020 or February 29, 2020.

At August 31, 2020, intangible assets consisted of the following:

	Gross Carrying Value		Accumulated Amortization		Total Net Book Value
Finite-lived intangible assets:
Customer relationships	$	54,670	$	34,234	$	20,436
Trademarks/Tradenames		5,545		550		4,995
Developed technology		14,144		12,380		1,764
Patents		6,726		4,154		2,572
License		1,400		1,400		—
Contract		1,556		1,556		—
Total finite-lived intangible assets	$	84,041	$	54,274		29,767
Indefinite-lived intangible assets
Trademarks						64,583
Total intangible assets, net					$	94,350

At February 29, 2020, intangible assets consisted of the following:

	Gross Carrying Value		Accumulated Amortization		Total Net Book Value
Finite-lived intangible assets:
Customer relationships	$	51,491	$	31,880	$	19,611
Trademarks/Tradenames		1,045		437		608
Developed technology		14,144		12,244		1,900
Patents		5,651		3,691		1,960
License		1,400		1,400		—
Contract		1,556		1,556		—
Total finite-lived intangible assets	$	75,287	$	51,208		24,079
Indefinite-lived intangible assets
Trademarks						64,209
Total intangible assets, net					$	88,288

The Company recorded amortization expense of $1,327 and $2,496, respectively, for the three and six months ended August 31, 2020 and $1,748 and $3,496 for the three and six months ended August 31, 2019, respectively. The estimated aggregate amortization expense for all amortizable intangibles for August 31 of each of the succeeding years is as follows:

Year	Amount
2021	$	5,852
2022		5,194
2023		4,441
2024		4,171
2025		4,038