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Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Feb. 28, 2022
Valuation And Qualifying Accounts [Abstract]  
Schedule II - Valuation and Qualifying Accounts

SCHEDULE II

VOXX INTERNATIONAL CORPORATION AND SUBSIDIARIES

Valuation and Qualifying Accounts

Years ended February 28, 2022, February 28, 2021 and February 29, 2020

(In thousands)

 

Column A

 

Column B

 

 

Column C

 

 

Column D

 

 

Column E

 

Description

 

Balance at

Beginning

of Year

 

 

Gross

Amount

Charged to

Costs and

Expenses

 

 

Reversals of

Previously

Established

Accruals

 

 

Deductions

(a)

 

 

Balance

at End

of Year

 

Year ended February 28, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for credit losses

 

$

1,593

 

 

$

863

 

 

$

 

 

$

274

 

 

$

2,182

 

Cash discount allowances

 

 

1,104

 

 

 

6,320

 

 

 

 

 

 

6,316

 

 

 

1,108

 

Sales return reserve

 

 

5,145

 

 

 

9,571

 

 

 

 

 

 

9,247

 

 

 

5,469

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended February 28, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for credit losses

 

$

1,954

 

 

$

(271

)

 

$

 

 

$

90

 

 

$

1,593

 

Cash discount allowances

 

 

751

 

 

 

6,565

 

 

 

 

 

 

6,212

 

 

 

1,104

 

Sales return reserve

 

 

3,779

 

 

 

16,550

 

 

 

 

 

 

15,184

 

 

 

5,145

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended February 29, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for credit losses

 

$

2,548

 

 

$

253

 

 

$

 

 

$

847

 

 

$

1,954

 

Cash discount allowances

 

 

1,125

 

 

 

5,243

 

 

 

 

 

 

5,617

 

 

 

751

 

Sales return reserve

 

 

4,415

 

 

 

13,243

 

 

 

 

 

 

13,879

 

 

 

3,779

 

 

 

(a)

For the allowance for credit losses and cash discount allowances, deductions represent currency effects, chargebacks and payments made or credits issued to customers.