Revenue from Contracts with Customers

12 Months Ended

Feb. 28, 2022

Revenue From Contract With Customer [Abstract]

Revenue from Contracts with Customers

14) Revenue from Contracts with Customers

The Company operates in three reportable segments: Automotive Electronics, Consumer Electronics, and Biometrics. ASC Topic 606 requires further disaggregation of an entity’s revenue. In the following table, the Company's net sales are disaggregated by segments and product type for the years ended February 28, 2022, February 28, 2021 and February 29, 2020.

	Year Ended February 28,		Year Ended February 28,		Year Ended February 29,
	2022		2021		2020
Automotive Electronics Segment
OEM Products	$	65,017	$	46,170	$	49,673
Aftermarket Products		135,577		117,733		64,481
Total Automotive Electronics Segment		200,594		163,903		114,154
Consumer Electronics Segment
Premium Audio Products		343,991		299,908		170,762
Other Consumer Electronic Products		89,934		98,355		108,913
Total Consumer Electronics Segment		433,925		398,263		279,675
Biometrics Segment
Biometric Products		882		836		461
Total Biometrics Segment		882		836		461
Corporate/Eliminations		519		603		599
Total Net Sales	$	635,920	$	563,605	$	394,889

As of February 28, 2022 and February 28, 2021, the balance of the Company's return asset was $2,619 and $2,404, respectively, and the balance of the refund liability was $5,469 and $5,145, respectively, which are presented within Prepaid expenses and other current assets and Accrued expenses and other current liabilities, respectively, on the Consolidated Balance Sheets.

The Company had current and non-current contract liability balances totaling $5,412 at February 28, 2022 related to telematic subscription services for the Company’s DEI subsidiary established in conjunction with the Company’s acquisition in July 2020 (see Note 2). The following table provides a reconciliation of the Company’s contract liabilities as of February 28, 2022:

Balance at February 28, 2021	$	5,265
Subscription payments received		7,615
Revenue recognized		(7,468	)
Balance at February 28, 2022	$	5,412

The Company had no contract asset balances at February 28, 2022 or February 28, 2021.