CalAmp (CAMP) 10-Q 19 Dec 19 2020 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Nov. 30, 2019	Dec. 16, 2019
Cover [Abstract]
Entity Registrant Name	CalAmp Corp.
Entity Central Index Key	0000730255
Entity Filer Category	Accelerated Filer
Trading Symbol	CAMP
Current Fiscal Year End Date	--02-28
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Nov. 30, 2019
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2020
Entity File Number	0-12182
Entity Tax Identification Number	95-3647070
Entity Address, Address Line One	15635 Alton Parkway
Entity Address, Address Line Two	Suite 250
Entity Address, City or Town	Irvine
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92618
City Area Code	(949)
Local Phone Number	600-5600
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		34,158,785
Entity Incorporation, State or Country Code	DE
Security Exchange Name	NASDAQ
Title of 12(b) Security	Common stock, $0.01 per share
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Nov. 30, 2019	Feb. 28, 2019
Current assets:
Cash and cash equivalents	$ 101,634	$ 256,500
Short-term marketable securities	1,926	17,512
Accounts receivable, net	83,462	78,079
Inventories	44,035	32,033
Prepaid expenses and other current assets	22,196	19,373
Total current assets	253,253	403,497
Property and equipment, net	57,127	27,023
Operating lease right-of-use assets	24,108
Deferred income tax assets	30,372	22,626
Goodwill	105,584	80,805
Other intangible assets, net	66,501	47,165
Other assets	25,466	22,510
Total assets	562,411	603,626
Current liabilities:
Current portion of long-term debt	32,955
Accounts payable	36,993	39,898
Accrued payroll and employee benefits	9,707	8,808
Deferred revenue	34,939	24,264
Other current liabilities	15,237	10,622
Total current liabilities	129,831	83,592
Long-term debt, net of current portion	176,378	275,905
Operating lease liabilities	27,090
Other non-current liabilities	38,459	38,476
Total liabilities	371,758	397,973
Commitments and contingencies
Stockholders' equity:
Preferred stock, $.01 par value; 3,000 shares authorized; no shares issued or outstanding
Common stock, $.01 par value; 80,000 shares authorized; 34,153 and 33,555 shares issued and outstanding at November 30, 2019 and February 28, 2019, respectively	342	336
Additional paid-in capital	216,798	208,205
Accumulated deficit	(25,704)	(2,227)
Accumulated other comprehensive loss	(783)	(661)
Total stockholders' equity	190,653	205,653
Total Liabilities and Stockholders' Equity	$ 562,411	$ 603,626

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Nov. 30, 2019	Feb. 28, 2019
Statement Of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	3,000,000	3,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	80,000,000	80,000,000
Common stock, shares issued	34,153,000	33,555,000
Common stock, shares outstanding	34,153,000	33,555,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018
Revenues:
Revenues	$ 96,597	$ 88,495	$ 278,903	$ 279,420
Cost of revenues:
Cost of revenues	59,713	52,114	168,938	165,127
Gross profit	36,884	36,381	109,965	114,293
Operating expenses:
Research and development	7,742	7,177	22,552	21,377
Selling and marketing	14,683	12,746	45,198	37,766
General and administrative	14,283	11,719	44,660	37,146
Restructuring	848	1,247	3,120	5,196
Intangible asset amortization	3,325	2,893	9,683	8,534
Total operating expenses	40,881	35,782	125,213	110,019
Operating income (loss)	(3,997)	599	(15,248)	4,274
Non-operating income (expense):
Investment income	1,108	1,398	4,445	3,258
Interest expense	(4,987)	(5,134)	(15,998)	(11,566)
Gain on legal settlement		2,500		15,833
Loss on extinguishment of debt (see Note 7)	(2,408)		(2,408)	(2,033)
Other income (expense)	232	(218)	26	(721)
Total non-operating income (expense)	(6,055)	(1,454)	(13,935)	4,771
Income (loss) before income taxes and impairment loss and equity in net loss of affiliate	(10,052)	(855)	(29,183)	9,045
Income tax benefit (provision)	2,637	778	6,236	(496)
Income (loss) before impairment loss and equity in net loss of affiliate	(7,415)	(77)	(22,947)	8,549
Impairment loss and equity in net loss of affiliate		(445)	(530)	(1,414)
Net income (loss)	$ (7,415)	$ (522)	$ (23,477)	$ 7,135
Earnings (loss) per share:
Basic	$ (0.22)	$ (0.02)	$ (0.70)	$ 0.20
Diluted	$ (0.22)	$ (0.02)	$ (0.70)	$ 0.20
Shares used in computing earnings (loss) per share:
Basic	33,822	34,561	33,589	34,950
Diluted	33,822	34,561	33,589	35,769
Comprehensive income (loss):
Net income (loss)	$ (7,415)	$ (522)	$ (23,477)	$ 7,135
Other comprehensive income (loss):
Foreign currency translation adjustments	1,165	(29)	(122)	(12)
Total comprehensive income (loss)	(6,250)	(551)	(23,599)	7,123
Products [Member]
Revenues:
Revenues	63,192	67,571	188,782	221,461
Cost of revenues:
Cost of revenues	42,225	41,397	118,494	134,795
Application Subscriptions and Related Products and Service [Member]
Revenues:
Revenues	33,405	20,924	90,121	57,959
Cost of revenues:
Cost of revenues	$ 17,488	$ 10,717	$ 50,444	$ 30,332

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (23,477)	$ 7,135
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation expense	14,054	6,602
Intangible asset amortization	9,683	8,534
Stock-based compensation expense	9,378	8,088
Amortization of discount and debt issuance costs	11,031	7,999
Impairment of operating lease right-of-use (ROU) assets	1,210
Noncash operating lease cost	3,440
Loss on extinguishment of debt	2,408	2,033
Revenue assigned to factors	(5,016)
Deferred tax assets, net	(5,701)	(716)
Impairment loss and equity in net loss of affiliate	530	1,414
Tax benefits on vested and exercised equity awards		591
Other	812	691
Changes in operating assets and liabilities:
Accounts receivable	(1,145)	(1,005)
Inventories	(5,747)	4,454
Prepaid expenses and other assets	(1,853)	(5,222)
Accounts payable	(7,652)	(3,826)
Accrued liabilities	(1,805)	6,716
Deferred revenue	3,797	4,605
Operating lease liabilities	(644)
NET CASH PROVIDED BY OPERATING ACTIVITIES	3,303	48,093
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from maturities of marketable securities	35,129	36,461
Purchases of marketable securities	(19,543)	(43,103)
Capital expenditures	(17,637)	(8,884)
Acquisitions, net of cash acquired	(60,634)
Advances to affiliate	(530)	(1,519)
Other	901	(103)
NET CASH USED IN INVESTING ACTIVITIES	(62,314)	(17,148)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of 2025 Convertible Notes		230,000
Payment of debt issuance costs of 2025 Convertible Notes		(7,305)
Purchase of capped call on 2025 Convertible Notes		(21,160)
Repurchase of 2020 Convertible Notes	(94,683)	(53,683)
Proceeds from unwind of note hedges and warrants on 2020 Convertible Notes		3,122
Repurchases of common stock		(39,000)
Taxes paid related to net share settlement of vested equity awards	(1,827)	(3,520)
Proceeds from exercise of stock options and contributions to employee stock purchase plan (ESPP)	1,048	124
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	(95,462)	108,578
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(393)	(513)
Net change in cash and cash equivalents	(154,866)	139,010
Cash and cash equivalents at beginning of period	256,500	132,603
Cash and cash equivalents at end of period	$ 101,634	$ 271,613

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock and Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income/(Loss) [Member]
Balances at Feb. 28, 2018	$ 198,916	$ 218,574	$ (19,459)	$ (199)
Equity component of 2025 Convertible Notes, net of tax		51,902
Purchase of capped call on 2025 Convertible Notes, net of tax		(15,870)
Debt issuance costs of 2025 Convertible Notes allocated to equity, net of tax		(1,649)
Equity component of the repurchased 2020 Convertible Notes		(6,088)
Unwind of note hedges and warrants of 2020 Convertible Notes		3,122
Stock-based compensation expense		8,088
Shares issued on net share settlement of equity awards		(3,520)
Exercise of stock options and contributions to ESPP		124
Repurchases of common stock		(39,000)
Cumulative adjustment upon adoption, net of tax | ASU 2016-01 [Member]			434	(434)
Cumulative adjustment upon adoption, net of tax | ASC 606 [Member]			(1,595)
Net income (loss)	7,135		7,135
Other comprehensive income (loss), net of tax				(12)
Balances at Nov. 30, 2018	201,553	215,683	(13,485)	(645)
Balances at Aug. 31, 2018	209,736	223,329	(12,963)	(630)
Stock-based compensation expense		2,941
Shares issued on net share settlement of equity awards		(174)
Exercise of stock options and contributions to ESPP		23
Repurchases of common stock		(10,436)
Net income (loss)	(522)		(522)
Other comprehensive income (loss), net of tax				(15)
Balances at Nov. 30, 2018	201,553	215,683	(13,485)	(645)
Balances at Feb. 28, 2019	205,653	208,541	(2,227)	(661)
Stock-based compensation expense		9,378
Shares issued on net share settlement of equity awards		(1,827)
Exercise of stock options and contributions to ESPP		1,048
Net income (loss)	(23,477)		(23,477)
Other comprehensive income (loss), net of tax				(122)
Balances at Nov. 30, 2019	190,653	217,140	(25,704)	(783)
Balances at Aug. 31, 2019	193,296	213,533	(18,289)	(1,948)
Stock-based compensation expense		3,652
Shares issued on net share settlement of equity awards		(98)
Exercise of stock options and contributions to ESPP		53
Net income (loss)	(7,415)		(7,415)
Other comprehensive income (loss), net of tax				1,165
Balances at Nov. 30, 2019	$ 190,653	$ 217,140	$ (25,704)	$ (783)

DESCRIPTION OF BUSINESS AND SUM

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Nov. 30, 2019
Accounting Policies [Abstract]
DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of Business CalAmp Corp. (referred to herein as “CalAmp”, “the Company”, “we”, “our”, or “us”) is a global telematics pioneer leading transformation in a mobile connected economy. We help reinvent businesses and improve lives around the globe with technology solutions that streamline complex Internet of Things (“IoT”) deployments through wireless connectivity solutions and derived data intelligence. Our software applications, scalable cloud services, and intelligent devices collect and assess business-critical data anywhere from mobile assets and their contents. We are a global organization headquartered in Irvine, California. We operate under two reportable segments: Telematics Systems and Software & Subscription Services. On February 25, 2019, we completed our acquisition of Tracker Network (UK) Limited (“Tracker UK”), a LoJack licensee and a market leader in stolen vehicle recovery Certain notes and other information included in the audited financial statements in our Annual Report on Form 10-K for the fiscal year ended February 28, 2019 are condensed or omitted from the interim financial statements presented in this Quarterly Report on Form 10-Q. Therefore, these financial statements should be read in conjunction with our 2019 Annual Report on Form 10-K as filed with the U.S. Securities and Exchange Commission on May 1, 2019. In the opinion of our management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (consisting of normal recurring adjustments) considered necessary to present fairly our financial position at November 30, 2019 and our results of operations for the three and nine months ended November 30, 2019 and 2018. The results of operations for such periods are not necessarily indicative of results to be expected for the full fiscal year. All intercompany transactions and accounts have been eliminated in consolidation. Revenue Recognition and related judgments We recognize revenue as follows: Products. In accordance with ASC 606, we recognize revenue from product sales upon transfer of control of promised products to customers in an amount that reflects the transaction price, which is generally the stand-alone selling prices of the promised goods. For product shipments made on the basis of “FOB Destination” terms, revenue is recorded when the products reach the customer. Customers generally do not have a right of return except for defective products returned during the warranty period. We record estimated commitments related to customer incentive programs as reductions of revenues. Professional Services. We also provide various professional services to customers. These include project management, engineering services, installation services and an on-going early warning automated notification service, which are typically distinct from other performance obligations and revenue is recognized as the related services are performed. For certain professional service contracts, we recognize revenue based on the proportion of total costs incurred to-date over the estimated cost of the contract, which is an input method. Software-as-a-Service (“SaaS”) . Our SaaS-based subscriptions for our fleet management, vehicle finance and certain other verticals provide our customers with the ability to wirelessly communicate with monitoring devices installed in vehicles and other mobile or remote assets through our software applications. The transaction price for a typical SaaS arrangement includes the price for the hardware, accessories, installation and application subscriptions. Generally, we defer the recognition of revenue for the customized devices that only function with our applications and are sold on an integrated basis with applicable subscriptions. Such customized devices and the application services are not sold separately. In such circumstances, the associated product costs are recorded as deferred costs on the balance sheet. The upfront fees for the devices are not distinct from the subscription service and are combined into the subscription service performance obligation. Generally, these service arrangements do not provide the customer with the right to take possession of the software supporting the subscription service at any time. Revenues from subscription services are recognized ratably on a straight-line basis over the term of the subscription. The deferred product revenue and deferred product cost amounts are amortized to application subscriptions and related products and services revenue along with the cost of revenue, respectively, on a straight-line basis over the estimated average in-service lives of these devices, which are three years in the vehicle finance and four years in the fleet management verticals. In certain fleet management contracts, we provide devices as part of the subscription contracts but we retain control of such devices. Under such arrangements, the cost of the devices is capitalized as property and equipment and depreciated over the estimated useful life of three to five years. The related subscription revenues of these arrangements are recognized as services are rendered. Our deferred revenue also includes prepayments from our customers for various subscription services but does not include future subscription fees associated with customers’ unexercised contract renewal rights. The product revenues for certain customer arrangements are included within the caption in our statement of comprehensive income (loss) as the products and services are customarily part of one customer contractual arrangement In certain customer arrangements, we also sell devices together with monitoring services, for which revenues for the sales of the devices are recognized upon transfer of control to the customer and monitoring services are recognized over the service period. The allocation of the transaction price is based on estimated stand-alone selling prices for the devices and the monitoring services. The revenues under these arrangements are also included within the caption Application subscriptions and related products and service revenues Sales taxes. We have elected to record revenue net of taxes collected from customers that are remitted to governmental authorities, with the collected taxes recorded within the caption until remitted to the relevant government authority. Contract Balances. Timing of revenue recognition may differ from the timing on our invoicing to customers. Contract liabilities are comprised of billings or payments received from our customers in advance of performance under the contract. We refer to these contract liabilities as “Deferred Revenues” in the accompanying condensed consolidated financial statements. During the three and nine months ended November 30, 2019, we recognized $4.7 million and $18.9 million in revenue from the beginning deferred revenue balance of $51.4 million on March 1, 2019, respectively. Certain incremental costs of obtaining a contract with a customer consist of deferred costs of hardware and sales commissions. The deferred costs of hardware are capitalized and amortized over the estimated useful life of the device on a straight-line basis. Our contract assets are primarily attributed to prepaid sales commissions, which are recognized on a straight-line basis over the life of the corresponding contracts. We disaggregate revenue from contracts with customers into reportable segments, geography, type of goods and services and timing of revenue recognition. See Note 17 for our revenue by segment and geography. The disaggregation of revenue by type of goods and services and by timing of revenue recognition was as follows (in thousands): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Revenue by type of goods and services: Telematics devices and accessories $ 66,281 $ 68,417 $ 200,340 $ 228,698 Professional services 3,741 4,672 7,724 7,354 Recurring application subscriptions 26,575 15,406 70,839 43,368 Total $ 96,597 $ 88,495 $ 278,903 $ 279,420 Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Revenue by timing of revenue recognition: Revenue recognized at a point in time $ 66,281 $ 68,417 $ 200,340 $ 228,698 Revenue recognized over time 30,316 20,078 78,563 50,722 Total $ 96,597 $ 88,495 $ 278,903 $ 279,420 Telematics devices and accessories presented in the table above are sold on a stand-alone basis and revenue is recognized at a point in time. Recurring application subscriptions revenues include the amortization for customized devices functional only with application subscriptions. As of November 30, 2019, we have estimated the remaining performance obligations for contractually committed revenues of $64.0 million, of which we expect to recognize approximately 17% of those revenues through the remainder of fiscal 2020, 44% in fiscal 2021 and 22% in fiscal 2022. Business Combinations The purchase price of an acquisition is allocated to the underlying assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition. To the extent the purchase price exceeds the fair value of the net identifiable tangible and intangible assets acquired and liabilities assumed, such excess is allocated to goodwill. We determine the estimated fair values after review and consideration of relevant information, including discounted cash flows, quoted market prices and other estimates we made. We may refine the preliminary purchase price allocation, as necessary, during the measurement period of up to one year after the acquisition closing date as we obtain more information as to facts and circumstances existing at the acquisition date impacting the asset valuations and liabilities assumed. Goodwill acquired in business combinations is assigned to the reporting unit expected to benefit from the combination as of the acquisition date. Acquisition-related costs are recognized separately from the acquisition and are expensed as incurred. Cash and Cash Equivalents We consider all highly liquid investments with maturities at date of purchase of three months or less to be cash equivalents. Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable consists of amounts due to us from sales arrangements executed in our normal business activities and are recorded at invoiced amounts. Our payment terms generally range between 30 to 60 days and we do not offer financing options. We present the aggregate accounts receivable balance net of an allowance for doubtful accounts. Generally, collateral and other security is not obtained for outstanding accounts receivable. Credit losses, if any, are recognized based on management’s evaluation of historical collection experience, customer-specific financial conditions as well as an evaluation of current industry trends and general economic conditions. Past due balances are assessed by management on a periodic basis and balances are written off when the customer’s financial condition no longer warrants pursuit of collection. Although we expect to collect amounts due, actual collections may differ from estimated amounts. The allowance for doubtful accounts totaled $3.5 million and $1.8 million as of November 30, 2019 and February 28, 2019, respectively. Impairment of Goodwill and Other Long-Lived Assets We evaluate goodwill for impairment on an annual basis in the fourth quarter, or on an interim basis, if we believe indicators of impairment exist. We first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If we conclude that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, we conduct a two-step quantitative goodwill impairment test. The first step of the impairment test involves comparing the fair value of the reporting unit with its carrying value. If the carrying amount of the reporting unit exceeds the reporting unit’s fair value, we perform the second step of the goodwill impairment test. The second step of the goodwill impairment test involves comparing the implied fair value of the reporting unit’s goodwill with the carrying value of the goodwill. The amount by which the carrying value of the goodwill exceeds its implied fair value will be recognized as an impairment loss. Long-lived assets to be held and used, including identifiable intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be fully recoverable. These events or changes in circumstances may include a significant deterioration of operating results, changes in business plans or changes in anticipated future cash flows. If an impairment indicator is present, we evaluate recoverability by a comparison of the carrying amount of the assets or asset group to future undiscounted net cash flows expected to be generated by the lowest level of asset group. Given the interdependencies of revenues across our segments, product and service verticals, and geographies, our asset groups are generally our two operating segments. If the assets or asset group are impaired, the impairment recognized is measured by the amount by which the carrying amount exceeds the fair value of the assets. Fair value is generally determined by estimates of discounted cash flows. The discount rate used in any estimate of discounted cash flows would be the rate required for similar investment of like risk. Fair Value Measurements We apply fair value accounting for all financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value in our financial statements. We define fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly manner in an arm’s-length transaction between market participants at the measurement date. Fair value is estimated by using the following hierarchy: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – Inputs that are generally unobservable and typically reflect management’s estimate of assumptions that market participants would use in pricing the asset or liability. Convertible Senior Notes and Capped Call Transactions We account for our convertible senior notes as separate liability and equity components. We determine the carrying amount of the liability component based on the fair value of a similar debt instrument excluding the embedded conversion option at the issuance date. The carrying amount of the equity component representing the conversion option is calculated by deducting the carrying value of the liability component from the principal amount of the notes as a whole. This difference represents a debt discount that is amortized to interest expense over the term of the notes using the effective interest rate method. The equity component of the notes is included in stockholders’ equity and is not remeasured as long as it continues to meet the conditions for equity classification. We allocate transaction costs related to the issuance of the notes to the liability and equity components using the same proportions as the initial carrying value of the notes. Transaction costs attributable to the liability component are being amortized to interest expense using the effective interest method over the respective term of the notes, and transaction costs attributable to the equity components are netted with the equity component of the note in stockholders’ equity. We account for the cost of the capped calls as a reduction to additional paid-in capital. Patent Litigation and Other Contingencies We accrue for patent litigation and other contingencies whenever we determine that an unfavorable outcome is probable and a liability is reasonably estimable. The amount of the accrual is estimated based on a review of each claim, including the type and facts of the claim and our assessment of the merits of the claim. These accruals are reviewed at least on a quarterly basis and are adjusted to reflect the impact of recent negotiations, settlements, court rulings, advice from legal counsel and other events pertaining to the case. Such accruals, if any, are recorded as general and administrative expense in our consolidated statements of comprehensive income (loss). Although we take considerable measures to mitigate our exposure in these matters, litigation is unpredictable; however, we believe that we have valid defenses with respect to pending legal matters against us as well as adequate provisions for probable and estimable losses. All costs for legal services are expensed as incurred. Foreign Currency Translation We translate the assets and liabilities of our non-U.S. dollar functional currency subsidiaries into U.S. dollars using exchange rates in effect at the end of each period. Revenue and expenses for these subsidiaries are translated using rates that approximate those in effect during the period. Gains and losses from these translations are recognized in foreign currency translation included in accumulated other comprehensive income (loss) during the period. The aggregate foreign currency transaction exchange rate gain (losses) included in determining income (loss) before income taxes were immaterial for both the three and nine months ended November 30, 2019 and 2018. Recently Issued Accounting Standards In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment In February 2016, the FASB issued ASU 2016-02, Leases We applied the transition requirements on the adoption date of March 1, 2019, rather than at the beginning of the earliest comparative period presented. This approach allows for a cumulative effect adjustment in the period of adoption, and prior periods will not be restated. In addition, we elected the package of practical expedients permitted under the transition guidance, which does not require reassessment of prior conclusions related to contracts containing a lease, lease classification and initial direct lease costs. As an accounting policy election, we excluded short-term leases (term of 12 months or less) from the balance sheet presentation and accounted for non-lease and lease components in a contract as a single lease component for certain asset classes. Subsequent to the filing of our Form 10-Q for the period ended August 31, 2019, we identified certain immaterial adjustments related to amounts recorded for the adoption of ASC 842. The revised amounts for ROU assets and lease liabilities as of March 1, 2019 are $25.6 million and $29.1 million, respectively. The effect on our condensed statements of comprehensive income (loss) for the fiscal 2020 periods was immaterial. See Note 9, Leases

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Nov. 30, 2019
Business Combinations [Abstract]
ACQUISITIONS	NOTE 2 – ACQUISITIONS In addition to the Tracker UK acquisition in February 2019, we completed two additional acquisitions, LoJack Mexico and Synovia, during the first quarter of fiscal 2020. Pursuant to our business combinations accounting policy, we estimated the preliminary fair values of net tangible and intangible assets acquired, and the excess of the consideration transferred over the aggregate of such fair values was recorded as goodwill. The preliminary fair values of net tangible assets and intangible assets acquired were based upon preliminary valuations. Our estimates and assumptions reflected in such preliminary valuations are subject to change within the measurement period (up to one year from the acquisition date). The primary areas that remain preliminary relate to the fair values of intangible assets acquired, certain tangible assets and liabilities acquired, certain legal matters, deferred income taxes and goodwill. We expect to continue to obtain information to assist in determining the fair values of the net assets acquired during the measurement period. The following are the preliminary purchase price allocations as of November 30, 2019 for the three acquisitions (in thousands): Tracker UK LoJack Mexico Synovia Purchase price $ 13,097 $ 14,306 $ 29,500 Add debt paid at closing - - 20,296 Less cash acquired (66 ) (1,586 ) (905 ) Net cash paid 13,031 12,720 48,891 Less amount released from escrow (973 ) - - Net consideration 12,058 12,720 48,891 Add previously held interest - 2,021 - Fair value of net assets and liabilities assumed: Current assets other than cash $ 3,549 $ 4,933 $ 10,354 Property and equipment 1,017 3,228 24,840 Customer relationships 2,354 7,000 16,700 Trade name 2,354 - 1,600 Developed technology 1,830 - 3,800 Deferred tax assets - - 2,061 Other non-current assets 104 1,301 - Current liabilities (3,111 ) (2,361 ) (4,468 ) Due to factors - - (19,676 ) Deferred revenue (3,162 ) (4,507 ) (4,319 ) Deferred tax liability (824 ) (1,039 ) - Other non-current liabilities (201 ) - - Total fair value of net assets acquired 3,910 8,555 30,892 Goodwill $ 8,148 $ 6,186 $ 17,999 Tracker UK Effective February 25, 2019, we acquired Tracker UK, a LoJack licensee, for a total purchase price of £10.0 million, or $13.1 million, which was funded from our cash on hand. As a result of the acquisition, Tracker UK became a wholly-owned subsidiary and is consolidated with our financial statements beginning February 25, 2019 as a component of our Software & Subscription Services reportable segment. We paid a premium (i.e., goodwill) over the fair value of the net tangible and identified intangible assets acquired, as we believe Tracker UK’s highly recognizable brand and extensive law enforcement relationships across the United Kingdom will help us to drive our European expansion by leveraging our complete portfolio of telematics devices, cloud and software services to develop advanced connected car solutions targeting auto dealers, OEMs, insurance providers and other enterprise customers. This acquisition enables us to integrate our European operations around advanced SVR and telematics solutions to support key enterprise customer opportunities on a pan-European basis. The goodwill arising from the acquisition of Tracker UK is not deductible for income tax purposes. LoJack Mexico On March 19, 2019, we acquired LoJack Mexico, the exclusive licensee of LoJack technology for the Mexican market. LoJack Mexico will leverage our telematics and software-as-a-service solutions to expand product offering to its substantial subscriber base as well as serve auto dealers and OEMs, insurance providers and leasing companies throughout Mexico. We purchased the remaining 87.5% of the LoJack Mexico shares that we did not own for a cash purchase price of $14.3 million. Our previously held 12.5% equity interest in LoJack Mexico was determined to have a fair value of $2.0 million at acquisition date which resulted in a gain of $0.3 million, which was recorded as investment income in our condensed consolidated statements of comprehensive income (loss) for the nine months ended November 30, 2019. LoJack Mexico is consolidated with our financial statements effective March 19, 2019 as a component of our Software & Subscription Services reportable segment. Synovia On April 12, 2019, we acquired Synovia, a North American market leader in fleet safety and management for K-12 school bus and state and local government fleets, for a total cash purchase price of $49.8 million. Combined with the recent acquisitions of Tracker UK and LoJack Mexico, the Synovia acquisition expands our fleet management and vehicle safety services portfolio. This acquisition also accelerates our transformation to high-value subscription-based services. Synovia is consolidated with our financial statements effective April 12, 2019 as a component of our Software & Subscription Services reportable segment. In conjunction with the acquisition of Synovia, we assumed the rights and obligations under certain revenue assignment arrangements with several financial institutions (the “Factors”). Pursuant to the terms of the arrangements, Synovia sold to the Factors rights to all future revenues of certain subscription contracts on a non-recourse basis for credit approved accounts. Under ASC 805, Business Combination We paid a premium (i.e., goodwill) over the fair value of the net tangible and identified intangible assets acquired, as we believe we will expand our fleet management and vehicle safety services portfolio and will increase our customer reach by gaining access to a base of high-value and low-churn subscribers. The goodwill arising from the acquisition of Synovia is deductible for income tax purposes. We incurred approximately $1.1 million for the acquisition of Synovia and LoJack Mexico the nine months ended November 30, 2019 and $0.9 million in fiscal 2019. The acquisition-related costs were primarily legal expenses, which were recorded as part of our general and administrative expenses. Pro forma financial information for the three and nine months ended November 30, 2018 for acquired companies is not disclosed as the results are not material to our condensed consolidated financial statements.

CASH, CASH EQUIVALENTS AND INVE

CASH, CASH EQUIVALENTS AND INVESTMENTS	9 Months Ended
	Nov. 30, 2019
Cash And Cash Equivalents [Abstract]
CASH, CASH EQUIVALENTS AND INVESTMENTS	NOTE 3 – CASH, CASH EQUIVALENTS AND INVESTMENTS The following tables summarize our financial instrument assets (in thousands): As of November 30, 2019 Balance Sheet Classification of Fair Value Unrealized Cash and Short-Term Adjusted Gains Fair Cash Marketable Other Cost (Losses) Value Equivalents Securities Assets Cash $ 28,396 $ — $ 28,396 $ 28,396 $ — $ — Level 1: Money market funds 16,202 — 16,202 16,202 — — Mutual funds (1) 4,367 444 4,811 — — 4,811 International equities 296 1 297 — — 297 Level 2: Repurchase agreements 54,000 — 54,000 54,000 — — Corporate bonds 4,962 — 4,962 3,036 1,926 — Total $ 108,223 $ 445 $ 108,668 $ 101,634 $ 1,926 $ 5,108 As of February 28, 2019 Balance Sheet Classification of Fair Value Unrealized Cash and Short-Term Adjusted Gains Fair Cash Marketable Other Cost (Losses) Value Equivalents Securities Assets Cash $ 26,084 $ — $ 26,084 $ 26,084 $ — $ — Level 1: Money market funds 154,428 — 154,428 154,428 — — Mutual funds (1) 6,023 390 6,413 — — 6,413 International equities 296 (73 ) 223 — — 223 Level 2: Repurchase agreements 72,000 — 72,000 72,000 — — Corporate bonds 21,502 (2 ) 21,500 3,988 17,512 — Total $ 280,333 $ 315 $ 280,648 $ 256,500 $ 17,512 $ 6,636 (1) Amounts represent various equities, bond and money market mutual funds that are held in a “Rabbi Trust” and are restricted for payment obligations to non-qualified deferred compensation plan participants. In addition to the mutual funds above, our “Rabbi Trust” also included Corporate-Owned Life Insurance (COLI) starting in fiscal 2020. As of November 30, 2019, the cash surrender value of COLI was $2.2 million.

INVENTORIES

INVENTORIES	9 Months Ended
	Nov. 30, 2019
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 4 - INVENTORIES Inventories consist of the following (in thousands): November 30, February 28, 2019 2019 Raw materials $ 22,734 $ 14,141 Work in process 18 72 Finished goods 21,283 17,820 $ 44,035 $ 32,033

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
	Nov. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	NOTE 5 – GOODWILL AND OTHER INTANGIBLE ASSETS Other intangible assets consist of the following (in thousands): Gross Accumulated Amortization Effect of Foreign Currency Translation Net Useful Life Feb. 28, 2019 Addi- tions Nov. 30, 2019 Feb. 28, 2019 Expense Nov. 30, 2019 Nov. 30, 2019 Feb. 28, 2019 Nov. 30, 2019 Feb. 28, 2019 Developed technology 2-7 years $ 23,603 3,800 $ 27,403 $ 18,253 $ 2,385 $ 20,638 (28 ) — $ 6,737 $ 5,350 Tradenames 10 years 40,091 1,600 41,691 12,644 2,947 15,591 (42 ) — 26,058 27,447 Customer lists 4-7 years 25,304 — 25,304 21,307 1,258 22,565 — — 2,739 3,997 Dealer and customer relationships 7-12 years 16,850 23,700 40,550 6,908 3,065 9,973 (11 ) — 30,566 9,942 Patents 5 years 589 — 589 160 28 188 — — 401 429 $ 106,437 $ 29,100 $ 135,537 $ 59,272 $ 9,683 $ 68,955 $ (81 ) $ - $ 66,501 $ 47,165 Intangible assets with finite lives are amortized on a straight-line basis over the expected period to be benefited by future cash flows. We monitor and assess these assets for impairment on a periodic basis. Our assessment includes various new product lines and services, which leverage the existing intangible assets as well as consideration of historical and projected revenues and cash flows. As of November 30, 2019, we determined that there was no impairment of intangible assets. Estimated future amortization expense as of November 30, 2019 is as follows (in thousands): 2020 (remainder) $ 4,144 2021 11,497 2022 9,863 2023 9,643 2024 6,583 Thereafter 24,771 $ 66,501 Changes in goodwill are as follows (in thousands): Telematics Systems Software & Subscription Services Total Balance as of February 28, 2019 $ 51,203 $ 29,602 $ 80,805 Acquisition of Synovia and LoJack Mexico (Note 2) — 24,185 24,185 Effect of exchange rate change on goodwill — (33 ) (33 ) Other (1) — 627 627 Balance as of November 31, 2019 $ 51,203 $ 54,381 $ 105,584 (1) Amount represents adjustment to the preliminary Goodwill from the Tracker UK acquisition.

OTHER ASSETS

OTHER ASSETS	9 Months Ended
	Nov. 30, 2019
Other Assets Noncurrent Disclosure [Abstract]
OTHER ASSETS	NOTE 6 – OTHER ASSETS Other assets consist of the following (in thousands): November 30, February 28, 2019 2019 Deferred cost $ 8,396 $ 10,094 Deferred compensation plan assets 6,983 6,413 Lease receivables, non-current 2,648 - Prepaid commissions 1,979 - Other 5,460 6,003 $ 25,466 $ 22,510 We have a non-qualified deferred compensation plan in which certain members of management and all non-employee directors are eligible to participate. Participants may defer a portion of their compensation until retirement or another date specified by them in accordance with the plan. We are funding the plan obligations through cash deposits to a Rabbi Trust that are invested in various equities, bond, money market mutual funds and COLI in generally the same proportion as investment elections made by the participants. The deferred compensation plan liability is included in other non-current liabilities in the accompanying consolidated balance sheets.

FINANCING ARRANGEMENTS

FINANCING ARRANGEMENTS	9 Months Ended
	Nov. 30, 2019
Debt Disclosure [Abstract]
FINANCING ARRANGEMENTS	NOTE 7 – FINANCING ARRANGEMENTS The following table provides a summary of our debt as of November 30, 2019 and February 28, 2019 (in thousands): Maturity Effective November 30, February 28, Date Interest Rate 2019 2019 2020 Convertible Notes, 1.625% fixed rate May 15, 2020 6.20 % $ 27,599 $ 122,527 2025 Convertible Notes, 2.00% fixed rate August 1, 2025 7.56 % 230,000 230,000 Due to factors 2020 - 2024 4.70 % 15,167 — Total term debt 272,766 352,527 Unamortized discount and issuance costs (63,433 ) (76,622 ) Less: Current portion of long-term term debt (32,955 ) — Long-term debt, net of current portion $ 176,378 $ 275,905 The effective interest rates for the convertible notes include the interest on the notes and amortization of the discount. As of November 30, 2019 and February 28, 2019, the fair value of the convertible notes, based on Level 2 inputs, was $217 million and $303 million, respectively. 2020 Convertible Notes In May 2015, we issued $172.5 million principal amount of 1.625% convertible senior unsecured notes due in 2020 (“2020 Convertible Notes”). These notes require semi-annual interest payments at a rate of 1.625% until maturity, conversion or purchase, which will be no later than in May 15, 2020. The notes will be convertible into cash, shares of our common stock or a combination of cash and shares of common stock, at our election based on initial conversion price of $32.5256. In July 2018, we repurchased $50 million in aggregate principal amount of these notes for $53.8 million, resulting in a loss on extinguishment of $2.0 million and $6.1 million charged to additional paid-in capital. We also received $3.1 million from the unwinding of certain hedging instruments related to these notes. In October and November 2019, we entered into separate, privately negotiated purchase agreements to repurchase approximately $94.9 million in aggregate principal amount of these notes for $94.7 million. The repurchase is accounted for as an extinguishment of debt, not a modification of debt. The fair value of the liability was determined using a discounted cash flow analysis at a market interest rate for nonconvertible debt based on the remaining maturity of the 2020 Convertible Notes, which represented a Level 3 fair value measurement. The carrying value of the repurchased notes was $92.3 million, resulting in a loss on extinguishment of debt of $2.4 million. Our intent is to settle the $27.6 million remaining principal amount of the 2020 Convertible Notes in cash upon maturity. 2025 Convertible Notes In July 2018, we issued debt of $230.0 million aggregate principal amount of convertible senior unsecured notes due in 2025 (“2025 Convertible Notes”). These notes will require semi-annual interest payments at a rate of 2.00% until maturity, conversion, redemption or repurchase, which will be no later than August 1, 2025. We may redeem the notes at our option at any time on or after August 6, 2022 at a cash redemption price equal to the principal amount plus accrued interest, but only if the last reported sale price per share of our stock exceeds 130% of the conversion price on (i) each of at least 20 trading days, whether or not consecutive, during the 30 consecutive trading days ending on, and including, the trading day immediately before the date we send the related redemption notice; and (ii) the trading day immediately before the date we send such notice. The 2025 Convertible Notes are convertible into cash, shares of our common stock or a combination of both, at our election, based on an initial conversion price of $30.7450. Holders may convert their 2025 Convertible Notes at their option upon the occurrence of certain events, as defined in the 2025 Indenture. Approximately $51.9 million, net of tax, was allocated to additional paid-in capital upon issuance of these notes. In July 2018, in connection with the 2025 Convertible Notes, we entered into capped call transactions with certain option counterparties who were initial purchasers of the 2025 Convertible Notes. The capped call transactions are expected to reduce the potential dilution of earnings per share upon conversion of the 2025 Convertible Notes. Under the capped call transactions, we purchased options relating to 7.48 million shares of common stock underlying the notes, with a strike price equal to the conversion price of the notes and with a cap price equal to $41.3875. We paid $21.2 million for the note hedges and as a result, approximately $15.9 million, net of tax, was recorded as a reduction to additional paid-in capital within stockholders’ equity. Synovia Revenue Assignments In conjunction with the acquisition of Synovia on April 12, 2019 (see Note 2), we assumed the rights and obligations under certain revenue assignment arrangements with several financial institutions (the “Factors”). Pursuant to the terms of the arrangements, Synovia sold to the Factors rights to all future revenues of certain subscription contracts on a non-recourse basis for credit approved accounts. The sales price paid represents a percentage of the total contract value (generally 80%) due to Synovia at the beginning of the contract, with the total customer contract balance to be paid by the customers to the Factors over the contract period. The cost of the transaction was recorded as a contra-liability, and was recognized as interest expense over the term of the subscription contract using the effective interest method, while the assigned customer obligation is amortized to subscription revenues using the straight-line method. These arrangements with the Factors met the criteria in ASC 470-10-25, Sales of Future Revenues or Various Other Measures of Income Business Combination Revolving Credit Facility On March 30, 2018, we entered into a revolving credit facility with J.P. Morgan Chase Bank, dated as of March 30, 2018 (the “Credit Agreement”) that provides for borrowings up to $50.0 million. This revolving credit facility expires on March 30, 2020. At our election, the borrowings under this revolving credit facility bear interest at either a LIBOR-based variable rate plus an applicable margin, or at the greater of the Prime Rate, the NYFRB Rate plus an applicable margin rate and one-month LIBOR-based variable rate plus an applicable margin rate (each as defined in the Credit Agreement) determined based on our senior leverage ratio from time to time. The net proceeds available under the revolving credit facility can be used for working capital and general corporate purposes. There were no borrowings outstanding under this revolving credit facility at November 30, 2019. The revolving credit facility contains certain negative and affirmative covenants including financial covenants that require us to maintain a minimum level of earnings before interest, income taxes, depreciation, amortization and other non-cash charges (Adjusted EBITDA) to interest ratio, a minimum senior indebtedness ratio and a total indebtedness coverage ratio, all measured on a quarterly basis. As of November 30, 2019, we were in compliance with our covenants under the revolving credit facility.

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES	9 Months Ended
	Nov. 30, 2019
Restructuring And Related Activities [Abstract]
RESTRUCTURING CHARGES	NOTE 8 – RESTRUCTURING CHARGES Beginning in the first quarter of fiscal 2019, we commenced a plan to capture certain synergies and cost savings related to streamlining our global operations and sales organization, as well as rationalize certain leased properties that are not fully occupied. Our plan is aligned with our strategy to integrate the global sales organization and further outsource manufacturing functions in order to drive operational efficiency, increase supplier geographic diversity, and reduce operating expenses. To date, total restructuring charges were $11.1 million, comprised of $6.2 million in severance and employee related costs, and $5.0 million for vacant office and manufacturing facility space. Restructuring charges related to vacant office and manufacturing facility space was due primarily to the vacancy in Canton, Massachusetts of $4.5 million. Substantially all charges related to severance and employee costs were under the Telematics Systems reportable segment. As a result of the adoption of ASC 842, effective March 1, 2019, the balance of the restructuring liability related to certain facility leases have been reclassified as a reduction of the Operating lease right-of-use assets For the three months ended November 30, 2019, total restructuring charges were $0.8 million, all of which were related to severance and employee costs. For the nine months ended November 30, 2019, total restructuring charges were $3.1 million, which was comprised of $1.9 million in severance and employee related costs, and $1.2 million for vacant office space. Substantially all charges were recorded under the Telematics Systems reportable segment. The impairment of $1.2 million for the vacant office space was recorded as a reduction of Operating lease right-of-use assets Accrued payroll and employee benefits The anticipated rent payments for the vacant portion of leased facilities will be made through December 2025. There is no guarantee that the termination and cease use charges will not exceed the estimates or that the impact of any future potential sub-lease rentals will be realized. The following table summarizes the activity resulting from the implementation of the restructuring plan within other current and non-current liabilities (in thousands): Personnel Facilities Total Restructuring liabilities as of February 28, 2019 $ 2,779 $ 2,977 $ 5,756 Cease-use liability reclassified as reduction of Operating lease right-of-use assets - (2,977 ) (2,977 ) Charges 1,924 - 1,924 Payments (1,975 ) - (1,975 ) Restructuring liabilities as of November 30, 2019 $ 2,728 $ - $ 2,728

LEASES

LEASES	9 Months Ended
	Nov. 30, 2019
Leases [Abstract]
LEASES	NOTE 9 – LEASES We have various non-cancelable operating leases for our offices in California, Texas, Massachusetts, Indiana, Minnesota and Virginia in the United States, and Italy, Mexico and the United Kingdom. We also have various non-cancelable operating leases for towers and vehicles throughout the United States, Italy and Mexico. These leases expire at various times through 2028. Certain lease agreements contain renewal options, rent abatement, and escalation clauses that are factored into our determination of lease payments when appropriate. The table below presents lease-related assets and liabilities recorded on the condensed consolidated balance sheet (in thousands): Classification November 30, 2019 Assets Operating lease right-of-use assets Operating lease right-of-use assets $ 24,108 Liabilities Operating lease liabilities (current) Other current liabilities $ 4,877 Operating lease liabilities (noncurrent) Operating lease liabilities 27,090 Total lease liabilities $ 31,967 Lease Costs The following lease costs were included in our condensed consolidated statements of comprehensive income (loss) as follows (in thousands): Three Months Ended November 30, 2019 Nine Months Ended November 30, 2019 Operating lease cost $ 663 $ 4,636 Short-term lease cost 112 676 Variable lease cost 116 189 Total lease cost $ 891 $ 5,501 Supplemental Information The table below presents supplemental information related to operating leases during the nine months ended November 30, 2019 (in thousands, except weighted-average information): Cash paid for amounts included in the measurement of operating lease liabilities $ 4,581 Right-of-use assets obtained in exchange for new operating lease liabilities $ 4,342 Weighted average remaining lease term 7.8 years Weighted average discount rate 5.45 % Undiscounted Cash Flows The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet as of November 30, 2019 Remainder of 2020 $ 2,099 2021 6,246 2022 5,650 2023 5,510 2024 5,266 Thereafter 15,356 Total minimum lease payments 40,127 Less imputed interest (8,160 ) Present value of future minimum lease payments 31,967 Less current obligations under leases (4,877 ) Long-term lease obligations $ 27,090 Disclosures Related to Periods Prior to Adoption of New Lease Standard Minimum lease payments under operating leases with non-cancelable terms in excess of one year as of February 28, 2019, were as follows (in thousands): 2020 $ 7,565 2021 6,386 2022 6,242 2023 6,199 2024 6,126 Thereafter 7,659 Total minimum lease payments $ 40,177

INCOME TAXES

INCOME TAXES	9 Months Ended
	Nov. 30, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 10 - INCOME TAXES We use the assets and liabilities method when accounting for income taxes. Under this method, deferred income tax asset and liabilities are recognized for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to the taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Under U.S. GAAP we are allowed to make an accounting policy choice to either: (1) treat taxes due on future GILTI inclusions in U.S. taxable income as a current-period expense when incurred (the “period cost method”); or (2) factor in such amounts into our measurement of our deferred taxes (the “deferred method”). We have elected to account for GILTI as a period cost in the year the tax is incurred. Accordingly, no GILTI-related deferred amounts were recorded. Deferred tax assets are to be reduced by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Significant management judgment is required in assessing the realizability of our deferred tax assets. We consider all available evidence, both positive and negative, in assessing the extent to which a valuation allowance should be applied against our deferred tax assets. If, based on our assessment, we determine that it is more likely than not (intended to mean a likelihood that it is more than 50%) that some portion or all of the deferred tax assets will not be realized, a valuation allowance is established. Since we were profitable for the last two fiscal years and began to incur losses this current fiscal year, the assessment as to the need for a valuation allowance is difficult since there is both positive and negative evidence present. The ultimate realization of deferred tax assets is dependent upon generation of future taxable income in each tax jurisdiction during the periods in which the temporary differences become deductible. We have considered the scheduled reversal of deferred liabilities, projected future taxable income and tax planning strategies, and have determined, based on our assessment of both objective and subjective evidence that it is more likely than not that we will realize our net deferred tax assets at this time. However, we will continue to reassess these facts and circumstances in future quarters and we can provide no assurance as to whether a valuation allowance will be required in the future . We file income tax returns in the U.S. federal and states jurisdictions as well as Puerto Rico, Mexico, Canada, Ireland, Italy, United Kingdom, the Netherlands, Brazil and New Zealand. Certain income tax returns for the years 2014 through present remain open to examination by U.S. federal and state tax authorities. Our tax returns in the foreign jurisdictions remain open for examination for varying years from 2013 to the present. We believe that we have adequate reserves for any uncertain tax positions. It is reasonably possible the amount of unrecognized tax benefits that could be realized within the next 12 months is $0.6 million. Our net deferred tax assets increased during the nine months ending November 30, 2019 as a result of recording a deferred tax asset for additional net operating loss carryforwards for the period, reversal of valuation allowance against foreign tax credits and recording a preliminary net deferred tax asset relating to our acquisitions through the quarter ended November 30, 2019 (see Note 2).

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Nov. 30, 2019
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 11 - EARNINGS PER SHARE Basic earnings (loss) per share is computed by dividing net income (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income for the period by the weighted average number of common shares outstanding during the period plus the dilutive effect of outstanding stock options and restricted stock-based awards using the treasury stock method. The calculation of the basic and diluted income (loss) per share of common stock is as follows (in thousands, except per share value): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Net income (loss) $ (7,415 ) $ (522 ) $ (23,477 ) $ 7,135 Basic weighted average number of common shares outstanding 33,822 34,561 33,589 34,950 Effect of stock options and restricted stock units computed on treasury stock method — — — 819 Diluted weighted average number of common shares outstanding 33,822 34,561 33,589 35,769 Earnings (loss) per share: Basic $ (0.22 ) $ (0.02 ) $ (0.70 ) $ 0.20 Diluted $ (0.22 ) $ (0.02 ) $ (0.70 ) $ 0.20 All outstanding options and restricted stock units for the three and nine months ended November 30, 2019 and for the three months ended November 30, 2018 were excluded from the computation of diluted earnings per share because we reported a net loss for each of these periods and the effect of inclusion would be antidilutive. We have the option to pay cash, issue shares of common stock or any combination thereof for the aggregate amount due upon conversion of the convertible senior notes. It is our intent to settle the principal amount of these notes with cash, and therefore, we use the treasury stock method for calculating any potential dilutive effect of the conversion option on diluted earnings (loss) per share. From the time of the issuance of the notes, the average market price of our common stock has been less than the initial conversion price of the notes, and consequently no shares have been included in diluted earnings per share for the conversion value of the notes.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Nov. 30, 2019
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE 12 – STOCKHOLDERS’ EQUITY Employee Stock Purchase Plan On June 7, 2018, our Board of Directors adopted the CalAmp Corp. 2018 Employee Stock Purchase Plan (the “ESPP”), which was approved by our stockholders on July 25, 2018. The ESPP provides for the issuance of 1,750,000 shares of our common stock. The first enrollment under the ESPP Plan commenced in February 2019. There are two enrollment periods each year that commence on February 1 st st Equity Awards Stock-based compensation expense is included in the following captions of the condensed consolidated statements of comprehensive income (loss) (in thousands): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Cost of revenues $ 221 $ 251 $ 558 $ 640 Research and development 723 538 1,769 1,323 Selling and marketing 1,058 808 2,709 2,059 General and administrative 1,650 1,344 4,342 4,066 $ 3,652 $ 2,941 $ 9,378 $ 8,088 Changes in our outstanding stock options during the nine months ended November 30, 2019 were as follows (options in thousands): Number of Options Weighted Average Exercise Price Weighted average remaining contractual life (years) Aggregate intrinsic value Outstanding at February 28, 2019 1,054 $ 13.44 5.8 Granted 171 11.11 Exercised (106 ) 2.35 Forfeited or expired — — Outstanding at November 30, 2019 1,119 $ 14.14 6.2 $ 1,380 Exercisable at November 30, 2019 681 $ 12.46 4.7 $ 1,380 Changes in our outstanding restricted stock shares, performance stock units (“PSUs”) and restricted stock units (“RSUs”) during the nine months ended November 30, 2019 were as follows (restricted shares, PSUs and RSUs in thousands): Number of Restricted Shares, PSUs and RSUs Weighted Average Grant Date Fair Value Shares Retained to Cover Statutory Minimum Withholding Taxes Outstanding at February 28, 2019 1,507 $ 19.77 Granted 1,561 11.30 Vested (467 ) 18.91 159 Forfeited (229 ) 17.30 Outstanding at November 30, 2019 2,372 $ 14.58 As of November 30, 2019, there was $31.0 million of total unrecognized stock-based compensation cost related to outstanding nonvested equity awards that is expected to be recognized as an expense over a weighted-average remaining vesting period of 3.4 years.

COMPREHENSIVE INCOME (LOSS)

COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Nov. 30, 2019
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
COMPREHENSIVE INCOME (LOSS)	NOTE 13 – COMPREHENSIVE INCOME (LOSS) Comprehensive income (loss) consists of two components, net income (loss) and Other Comprehensive Income (Loss) (“OCI”). OCI refers to revenue, expenses, and gains and losses that under GAAP are recorded as an element of stockholders’ equity but are excluded from net income. Our OCI consists of currency translation adjustments from our foreign subsidiaries that do not use the U.S. dollar as their functional currency. The following table shows the changes in Accumulated Other Comprehensive Income (Loss) for the nine months ended November 30, 2019 (in thousands): Cumulative Foreign Currency Translation Balances at February 28, 2019 $ (661 ) Other comprehensive loss, net of tax (122 ) Balances at November 30, 2019 $ (783 )

CONCENTRATION OF RISK

CONCENTRATION OF RISK	9 Months Ended
	Nov. 30, 2019
Risks And Uncertainties [Abstract]
CONCENTRATION OF RISK	NOTE 14 - CONCENTRATION OF RISK Significant Customers We sell telematics products and services to large global enterprises in the industrial equipment, transportation and automotive market verticals. One of our customers accounted for more than 10% of our total revenue and accounts receivable as follows (rounded): Three Months Ended November 30, Nine Months Ended November 30, 2019 2018 2019 2018 Revenues: Customer A 14 % 18 % 13 % 15 % November 30, February 28, 2019 2019 Accounts receivable: Customer A 16 % 14 % Significant Suppliers We purchase a significant amount of our product inventory from certain manufacturers or suppliers including components, assemblies and electronic manufacturing parts. These suppliers are located in Asia. The inventory is purchased under standard supply agreements that outline the terms of the product delivery. The title and risk of loss of the product passes to us upon shipment from the manufacturers’ plant or warehouse. As identified below, some of these manufacturers accounted for more than 10% of our purchases and accounts payable as follows (rounded): Three Months Ended November 30, Nine Months Ended November 30, 2019 2018 2019 2018 Inventory purchases: Supplier A 23 % 32 % 28 % 30 % Supplier B 8 % 20 % 11 % 21 % Supplier C 13 % 0 % 7 % 0 % November 30, February 28, 2019 2019 Accounts payable: Supplier A 19 % 30 % Supplier B 9 % 18 % We are currently reliant upon these suppliers for products. Although we believe that we can obtain products from other sources, the loss of a significant supplier could have a material impact on our financial condition and results of operations as the products that are being purchased may not be available on similar terms from another supplier.

PRODUCT WARRANTIES

PRODUCT WARRANTIES	9 Months Ended
	Nov. 30, 2019
Product Warranties Disclosures [Abstract]
PRODUCT WARRANTIES	NOTE 15 - PRODUCT WARRANTIES All products have a one- or two-year limited warranty against manufacturing defects and workmanship. We estimate the future costs relating to product returns subject to our warranty and record a reserve upon shipment of our products. We periodically adjust our estimate for actual warranty claims and historical claims experience as well as the impact of known product operational issues. The warranty reserve is included in Other Current Liabilities in the condensed consolidated balance sheets. Activity in the accrued warranty costs liability is as follows (in thousands): Nine Months Ended November 30, 2019 2018 Balance at beginning of period $ 1,399 $ 5,734 Charged to costs and expenses 657 856 Deductions (703 ) (5,117 ) Balance at end of period $ 1,353 $ 1,473

OTHER FINANCIAL INFORMATION

OTHER FINANCIAL INFORMATION	9 Months Ended
	Nov. 30, 2019
Other Financial Information [Abstract]
OTHER FINANCIAL INFORMATION	NOTE 16 – OTHER FINANCIAL INFORMATION Supplemental Balance Sheet Information Other current liabilities consist of the following (in thousands): November 30, February 28, 2019 2019 Operating lease liabilities (see Note 9) $ 4,877 $ — Litigation reserve 1,500 1,500 Warranty reserves 1,353 1,398 Accrued restructuring costs (see Note 8) — 752 Other 7,507 6,972 $ 15,237 $ 10,622 Other non-current liabilities consist of the following (in thousands): November 30, February 28, 2019 2019 Deferred revenue $ 29,046 $ 27,106 Deferred compensation plan liability 6,943 6,409 Accrued restructuring costs (see Note 8) - 2,175 Deferred tax liability 974 963 Deferred rent - 365 Other 1,496 1,458 $ 38,459 $ 38,476 Supplemental Statement of Comprehensive Income (Loss) Information Interest expense consists of the following (in thousands): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Interest expense on 2020 Convertible Notes: Stated interest at 1.625% per annum $ 356 $ 498 $ 1,352 $ 1,810 Amortization of discount and issue costs 1,038 1,412 3,989 5,034 1,394 1,910 5,341 6,844 Interest expense on 2025 Convertible Notes: Stated interest at 2.00% per annum 1,150 1,150 3,476 1,661 Amortization of discount and issue costs 2,203 2,044 6,531 2,945 3,353 3,194 10,007 4,606 Other interest expense 240 30 650 116 Total interest expense $ 4,987 $ 5,134 $ 15,998 $ 11,566 Supplemental Cash Flow Information “Net cash provided by operating activities” includes cash payments for interest expense and income taxes as follows (in thousands): Nine Months Ended November 30, 2019 2018 Interest expense paid $ 4,368 $ 2,550 Income tax paid $ 749 $ 768

SEGMENT INFORMATION AND GEOGRAP

SEGMENT INFORMATION AND GEOGRAPHIC DATA	9 Months Ended
	Nov. 30, 2019
Segment Reporting [Abstract]
SEGMENT INFORMATION AND GEOGRAPHIC DATA	NOTE 17 - SEGMENT INFORMATION AND GEOGRAPHIC DATA Our business activities are organized into two reportable segments – Telematics Systems and Software & Subscription Services. Our organizational structure is based on a number of factors that our CEO, the Chief Operating Decision Maker (“CODM”), uses to evaluate and operate the business, which include, but are not limited to, customer base, homogeneity of products and technology. Our Telematics Systems segment offers a portfolio of wireless data communications products, which includes asset tracking units, mobile telematics devices, fixed and mobile wireless gateways and routers. These wireless networking devices underpin a wide range of our own, as well as third-party software and service solutions worldwide and are critical for applications demanding secure, reliable and business-critical communications. Telematics Systems segment revenues consist primarily of stand-alone product sales. Our Software & Subscription Services segment offers cloud-based, application enablement and telematics service platforms that facilitate integration of our own applications, as well as those of third parties, through open Applications Programing Interfaces (“APIs”) to deliver full-featured IoT solutions to a wide range of customers and markets. Our scalable proprietary SaaS offerings enable rapid and cost-effective deployment of high-value solutions for customers all around the globe. Software & Subscription Services segment revenues include SaaS, professional services, devices sold with monitoring services, accessories, and amortization of deferred revenue for customized devices functional only with application subscriptions that are not sold separately. Segment information for the three and nine months ended November 30, 2019 and 2018 is as follows (in thousands): Three Months Ended November 30, 2019 Three Months Ended November 30, 2018 Operating Segments Operating Segments Telematics Systems Software & Subscription Services Corporate Expenses Total Telematics Systems Software & Subscription Services Corporate Expenses Total Revenues $ 63,192 $ 33,405 $ 96,597 $ 68,552 $ 19,943 $ 88,495 Gross profit $ 20,956 $ 15,928 $ 36,884 $ 26,284 $ 10,097 $ 36,381 Gross margin 33 % 48 % 38 % 38 % 51 % 41 % Adjusted EBITDA $ 4,518 $ 7,254 $ (867 ) $ 10,905 $ 9,276 $ 3,612 $ (1,465 ) $ 11,423 Nine Months Ended November 30, 2019 Nine Months Ended November 30, 2018 Operating Segments Operating Segments Telematics Systems Software & Subscription Services Corporate Expenses Total Telematics Systems Software & Subscription Services Corporate Expenses Total Revenues $ 188,782 $ 90,121 $ 278,903 $ 222,004 $ 57,416 $ 279,420 Gross profit $ 70,277 $ 39,688 $ 109,965 $ 86,189 $ 28,104 $ 114,293 Gross margin 37 % 44 % 39 % 39 % 49 % 41 % Adjusted EBITDA $ 19,025 $ 13,575 $ (3,479 ) $ 29,121 $ 31,772 $ 9,907 $ (4,390 ) $ 37,289 The amount shown for each period in the “Corporate Expenses” column above consists of expenses that are not allocated to the business segments. These non-allocated corporate expenses include salaries and benefits of certain corporate staff and expenses such as audit fees, investor relations, stock listing fees, director and officer liability insurance, and director fees and expenses. Our CODM evaluates each segment based on earnings before interest, taxes, depreciation, amortization and certain other charges (“Adjusted EBITDA”) and we therefore consider Adjusted EBITDA to be a primary measure of operating performance of our operating segments. The adjustments to our net income (losses) prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) to calculate Adjusted EBITDA are itemized below (in thousands): Three Months Ended November 30, Nine Months Ended November 30, 2019 2018 2019 2018 Net income (loss) $ (7,415 ) $ (522 ) $ (23,477 ) $ 7,135 Investment income (1,108 ) (1,398 ) (4,445 ) (3,258 ) Interest expense 4,987 5,134 15,998 11,566 Income tax provision (2,637 ) (778 ) (6,236 ) 496 Depreciation 5,018 2,261 14,054 6,602 Amortization of intangible assets 3,325 2,893 9,683 8,534 Stock-based compensation 3,652 2,941 9,378 8,088 Loss on extinguishment of debt 2,408 — 2,408 2,033 Impairment loss and equity in net loss of affiliate — 445 530 1,414 Restructuring charges 848 1,247 3,120 5,196 Non-recurring legal expenses 957 2,116 5,541 5,253 Acquisition and integration related expenses 382 — 1,572 — Gain on LoJack battery performance legal Settlement — (2,500 ) - (15,833 ) Other 488 (416 ) 995 63 Adjusted EBITDA $ 10,905 $ 11,423 $ 29,121 $ 37,289 We do not have significant long-lived assets outside the United States. Revenues by geographic area are as follows (in thousands): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 United States $ 69,961 $ 67,088 $ 201,678 $ 208,152 Europe, Middle East and Africa 14,818 10,328 41,625 37,460 Latin America 1,044 832 4,307 4,961 Canada 2,236 3,249 7,553 6,951 Asia and Pacific Rim 3,044 3,465 7,394 10,704 All other 5,494 3,533 16,346 11,192 $ 96,597 $ 88,495 $ 278,903 $ 279,420 Revenues by geographic area are based upon the country of billing. The geographic location of distributors and OEM customers may be different from the geographic location of the ultimate end users of the products and services provided by us. No single non-U.S. country accounted for more than 10% of our revenue in the three and nine months ended November 30, 2019 and 2018.

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	9 Months Ended
	Nov. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
LEGAL PROCEEDINGS	NOTE 18 – LEGAL PROCEEDINGS Omega patent infringement claim As previously disclosed in our Form 10-Q for the fiscal quarter ended May 31, 2019 that was filed with the U.S. Securities and Exchange Commission on June 28, 2019, we filed motions with the court seeking judgment as a matter of law and for a new trial in response to the patent infringement law suit filed by Omega Patents, LLC (“Omega”) that was decided against us in 2016. The court denied our motions on November 14, 2017. We then appealed to the Court of Appeals for the Federal Circuit (the “Federal Circuit”). The appeal was fully briefed, and the court heard oral argument on January 9, 2019. On April 8, 2019, the Federal Circuit vacated the compensatory and enhanced damages and attorney’s fees awarded by the trial court to Omega. The Federal Circuit also set aside the jury’s verdict that our alleged infringement was willful, and remanded the case for a new trial. As a result, substantially all of the previously reserved legal provisions of $19.1 million as of November 30, 2018 were reversed as of February 28, 2019. The reversal was recorded as a reduction of general and administrative expenses in our consolidated statement of comprehensive income for the fiscal year ended February 28, 2019. The new trial began on September 23, 2019 in the U.S. District Court for the Middle District of Florida, and on September 30, 2019, the jury determined that the Company infringed two of the four patents; however, the jury found that there was no willful infringement. On the first patent (U.S. Pat. No. 7,671,727), the jury found only one unit infringed, and assessed $1 in damages. On the second patent (U.S. Pat. No. 8,032,278), the jury found direct infringement and awarded damages at a rate of $5 per unit, for total damages of approximately $4.6 million. On November 26, 2019 the U.S. District Court for the Middle District of Florida entered judgment, awarding Omega damages of $4.6 million, together with pre-judgment interest in the amount of $0.8 million through September 30, 2019. We plan to file motions with the court seeking judgment as a matter of law in our favor and, alternatively, a new trial. If, following resolution of those motions, the judgment against the Company remains intact, we intend to again pursue an appeal at the Federal Circuit. In connection with this claim, we have accrued our best estimate of the probable liability based on reasonable royalty rates for similar technologies. It is reasonably possible that the judgement and amounts described above could be upheld. We also initiated ex parte In addition to the foregoing matters, from time to time as a normal consequence of doing business, various claims and litigation may be asserted or commenced against us. In particular, in the ordinary course of business, we may receive claims concerning personnel matters, contract performance, or claims that our products or services infringe the intellectual property of third parties. In connection with these matters, we may be required to enter into license agreements or other settlement arrangements that require us to make significant payments in the future. While the outcome of any such claims or litigation cannot be predicted with certainty, we do not believe that the outcome of any such matters existing at the present time would have a material adverse effect on our consolidated results of operations, financial condition and cash flows.

DESCRIPTION OF BUSINESS AND S_2

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Nov. 30, 2019
Accounting Policies [Abstract]
Description of Business	Description of Business CalAmp Corp. (referred to herein as “CalAmp”, “the Company”, “we”, “our”, or “us”) is a global telematics pioneer leading transformation in a mobile connected economy. We help reinvent businesses and improve lives around the globe with technology solutions that streamline complex Internet of Things (“IoT”) deployments through wireless connectivity solutions and derived data intelligence. Our software applications, scalable cloud services, and intelligent devices collect and assess business-critical data anywhere from mobile assets and their contents. We are a global organization headquartered in Irvine, California. We operate under two reportable segments: Telematics Systems and Software & Subscription Services. On February 25, 2019, we completed our acquisition of Tracker Network (UK) Limited (“Tracker UK”), a LoJack licensee and a market leader in stolen vehicle recovery Certain notes and other information included in the audited financial statements in our Annual Report on Form 10-K for the fiscal year ended February 28, 2019 are condensed or omitted from the interim financial statements presented in this Quarterly Report on Form 10-Q. Therefore, these financial statements should be read in conjunction with our 2019 Annual Report on Form 10-K as filed with the U.S. Securities and Exchange Commission on May 1, 2019. In the opinion of our management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (consisting of normal recurring adjustments) considered necessary to present fairly our financial position at November 30, 2019 and our results of operations for the three and nine months ended November 30, 2019 and 2018. The results of operations for such periods are not necessarily indicative of results to be expected for the full fiscal year. All intercompany transactions and accounts have been eliminated in consolidation.
Revenue Recognition and related judgments	Revenue Recognition and related judgments We recognize revenue as follows: Products. In accordance with ASC 606, we recognize revenue from product sales upon transfer of control of promised products to customers in an amount that reflects the transaction price, which is generally the stand-alone selling prices of the promised goods. For product shipments made on the basis of “FOB Destination” terms, revenue is recorded when the products reach the customer. Customers generally do not have a right of return except for defective products returned during the warranty period. We record estimated commitments related to customer incentive programs as reductions of revenues. Professional Services. We also provide various professional services to customers. These include project management, engineering services, installation services and an on-going early warning automated notification service, which are typically distinct from other performance obligations and revenue is recognized as the related services are performed. For certain professional service contracts, we recognize revenue based on the proportion of total costs incurred to-date over the estimated cost of the contract, which is an input method. Software-as-a-Service (“SaaS”) . Our SaaS-based subscriptions for our fleet management, vehicle finance and certain other verticals provide our customers with the ability to wirelessly communicate with monitoring devices installed in vehicles and other mobile or remote assets through our software applications. The transaction price for a typical SaaS arrangement includes the price for the hardware, accessories, installation and application subscriptions. Generally, we defer the recognition of revenue for the customized devices that only function with our applications and are sold on an integrated basis with applicable subscriptions. Such customized devices and the application services are not sold separately. In such circumstances, the associated product costs are recorded as deferred costs on the balance sheet. The upfront fees for the devices are not distinct from the subscription service and are combined into the subscription service performance obligation. Generally, these service arrangements do not provide the customer with the right to take possession of the software supporting the subscription service at any time. Revenues from subscription services are recognized ratably on a straight-line basis over the term of the subscription. The deferred product revenue and deferred product cost amounts are amortized to application subscriptions and related products and services revenue along with the cost of revenue, respectively, on a straight-line basis over the estimated average in-service lives of these devices, which are three years in the vehicle finance and four years in the fleet management verticals. In certain fleet management contracts, we provide devices as part of the subscription contracts but we retain control of such devices. Under such arrangements, the cost of the devices is capitalized as property and equipment and depreciated over the estimated useful life of three to five years. The related subscription revenues of these arrangements are recognized as services are rendered. Our deferred revenue also includes prepayments from our customers for various subscription services but does not include future subscription fees associated with customers’ unexercised contract renewal rights. The product revenues for certain customer arrangements are included within the caption in our statement of comprehensive income (loss) as the products and services are customarily part of one customer contractual arrangement In certain customer arrangements, we also sell devices together with monitoring services, for which revenues for the sales of the devices are recognized upon transfer of control to the customer and monitoring services are recognized over the service period. The allocation of the transaction price is based on estimated stand-alone selling prices for the devices and the monitoring services. The revenues under these arrangements are also included within the caption Application subscriptions and related products and service revenues Sales taxes. We have elected to record revenue net of taxes collected from customers that are remitted to governmental authorities, with the collected taxes recorded within the caption until remitted to the relevant government authority. Contract Balances. Timing of revenue recognition may differ from the timing on our invoicing to customers. Contract liabilities are comprised of billings or payments received from our customers in advance of performance under the contract. We refer to these contract liabilities as “Deferred Revenues” in the accompanying condensed consolidated financial statements. During the three and nine months ended November 30, 2019, we recognized $4.7 million and $18.9 million in revenue from the beginning deferred revenue balance of $51.4 million on March 1, 2019, respectively. Certain incremental costs of obtaining a contract with a customer consist of deferred costs of hardware and sales commissions. The deferred costs of hardware are capitalized and amortized over the estimated useful life of the device on a straight-line basis. Our contract assets are primarily attributed to prepaid sales commissions, which are recognized on a straight-line basis over the life of the corresponding contracts. We disaggregate revenue from contracts with customers into reportable segments, geography, type of goods and services and timing of revenue recognition. See Note 17 for our revenue by segment and geography. The disaggregation of revenue by type of goods and services and by timing of revenue recognition was as follows (in thousands): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Revenue by type of goods and services: Telematics devices and accessories $ 66,281 $ 68,417 $ 200,340 $ 228,698 Professional services 3,741 4,672 7,724 7,354 Recurring application subscriptions 26,575 15,406 70,839 43,368 Total $ 96,597 $ 88,495 $ 278,903 $ 279,420 Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Revenue by timing of revenue recognition: Revenue recognized at a point in time $ 66,281 $ 68,417 $ 200,340 $ 228,698 Revenue recognized over time 30,316 20,078 78,563 50,722 Total $ 96,597 $ 88,495 $ 278,903 $ 279,420 Telematics devices and accessories presented in the table above are sold on a stand-alone basis and revenue is recognized at a point in time. Recurring application subscriptions revenues include the amortization for customized devices functional only with application subscriptions. As of November 30, 2019, we have estimated the remaining performance obligations for contractually committed revenues of $64.0 million, of which we expect to recognize approximately 17% of those revenues through the remainder of fiscal 2020, 44% in fiscal 2021 and 22% in fiscal 2022.
Business Combinations	Business Combinations The purchase price of an acquisition is allocated to the underlying assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition. To the extent the purchase price exceeds the fair value of the net identifiable tangible and intangible assets acquired and liabilities assumed, such excess is allocated to goodwill. We determine the estimated fair values after review and consideration of relevant information, including discounted cash flows, quoted market prices and other estimates we made. We may refine the preliminary purchase price allocation, as necessary, during the measurement period of up to one year after the acquisition closing date as we obtain more information as to facts and circumstances existing at the acquisition date impacting the asset valuations and liabilities assumed. Goodwill acquired in business combinations is assigned to the reporting unit expected to benefit from the combination as of the acquisition date. Acquisition-related costs are recognized separately from the acquisition and are expensed as incurred.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider all highly liquid investments with maturities at date of purchase of three months or less to be cash equivalents.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable consists of amounts due to us from sales arrangements executed in our normal business activities and are recorded at invoiced amounts. Our payment terms generally range between 30 to 60 days and we do not offer financing options. We present the aggregate accounts receivable balance net of an allowance for doubtful accounts. Generally, collateral and other security is not obtained for outstanding accounts receivable. Credit losses, if any, are recognized based on management’s evaluation of historical collection experience, customer-specific financial conditions as well as an evaluation of current industry trends and general economic conditions. Past due balances are assessed by management on a periodic basis and balances are written off when the customer’s financial condition no longer warrants pursuit of collection. Although we expect to collect amounts due, actual collections may differ from estimated amounts. The allowance for doubtful accounts totaled $3.5 million and $1.8 million as of November 30, 2019 and February 28, 2019, respectively.
Impairment of Goodwill and Other Long-Lived Assets	Impairment of Goodwill and Other Long-Lived Assets We evaluate goodwill for impairment on an annual basis in the fourth quarter, or on an interim basis, if we believe indicators of impairment exist. We first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If we conclude that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, we conduct a two-step quantitative goodwill impairment test. The first step of the impairment test involves comparing the fair value of the reporting unit with its carrying value. If the carrying amount of the reporting unit exceeds the reporting unit’s fair value, we perform the second step of the goodwill impairment test. The second step of the goodwill impairment test involves comparing the implied fair value of the reporting unit’s goodwill with the carrying value of the goodwill. The amount by which the carrying value of the goodwill exceeds its implied fair value will be recognized as an impairment loss. Long-lived assets to be held and used, including identifiable intangible assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be fully recoverable. These events or changes in circumstances may include a significant deterioration of operating results, changes in business plans or changes in anticipated future cash flows. If an impairment indicator is present, we evaluate recoverability by a comparison of the carrying amount of the assets or asset group to future undiscounted net cash flows expected to be generated by the lowest level of asset group. Given the interdependencies of revenues across our segments, product and service verticals, and geographies, our asset groups are generally our two operating segments. If the assets or asset group are impaired, the impairment recognized is measured by the amount by which the carrying amount exceeds the fair value of the assets. Fair value is generally determined by estimates of discounted cash flows. The discount rate used in any estimate of discounted cash flows would be the rate required for similar investment of like risk.
Fair Value Measurements	Fair Value Measurements We apply fair value accounting for all financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value in our financial statements. We define fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly manner in an arm’s-length transaction between market participants at the measurement date. Fair value is estimated by using the following hierarchy: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Observable inputs other than quoted prices in active markets for identical assets and liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – Inputs that are generally unobservable and typically reflect management’s estimate of assumptions that market participants would use in pricing the asset or liability.
Convertible Senior Notes and Capped Call Transactions	Convertible Senior Notes and Capped Call Transactions We account for our convertible senior notes as separate liability and equity components. We determine the carrying amount of the liability component based on the fair value of a similar debt instrument excluding the embedded conversion option at the issuance date. The carrying amount of the equity component representing the conversion option is calculated by deducting the carrying value of the liability component from the principal amount of the notes as a whole. This difference represents a debt discount that is amortized to interest expense over the term of the notes using the effective interest rate method. The equity component of the notes is included in stockholders’ equity and is not remeasured as long as it continues to meet the conditions for equity classification. We allocate transaction costs related to the issuance of the notes to the liability and equity components using the same proportions as the initial carrying value of the notes. Transaction costs attributable to the liability component are being amortized to interest expense using the effective interest method over the respective term of the notes, and transaction costs attributable to the equity components are netted with the equity component of the note in stockholders’ equity. We account for the cost of the capped calls as a reduction to additional paid-in capital.
Patent Litigation and Other Contingencies	Patent Litigation and Other Contingencies We accrue for patent litigation and other contingencies whenever we determine that an unfavorable outcome is probable and a liability is reasonably estimable. The amount of the accrual is estimated based on a review of each claim, including the type and facts of the claim and our assessment of the merits of the claim. These accruals are reviewed at least on a quarterly basis and are adjusted to reflect the impact of recent negotiations, settlements, court rulings, advice from legal counsel and other events pertaining to the case. Such accruals, if any, are recorded as general and administrative expense in our consolidated statements of comprehensive income (loss). Although we take considerable measures to mitigate our exposure in these matters, litigation is unpredictable; however, we believe that we have valid defenses with respect to pending legal matters against us as well as adequate provisions for probable and estimable losses. All costs for legal services are expensed as incurred.
Foreign Currency Translation	Foreign Currency Translation We translate the assets and liabilities of our non-U.S. dollar functional currency subsidiaries into U.S. dollars using exchange rates in effect at the end of each period. Revenue and expenses for these subsidiaries are translated using rates that approximate those in effect during the period. Gains and losses from these translations are recognized in foreign currency translation included in accumulated other comprehensive income (loss) during the period. The aggregate foreign currency transaction exchange rate gain (losses) included in determining income (loss) before income taxes were immaterial for both the three and nine months ended November 30, 2019 and 2018.
Recently Issued Accounting Standards	Recently Issued Accounting Standards In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment In February 2016, the FASB issued ASU 2016-02, Leases We applied the transition requirements on the adoption date of March 1, 2019, rather than at the beginning of the earliest comparative period presented. This approach allows for a cumulative effect adjustment in the period of adoption, and prior periods will not be restated. In addition, we elected the package of practical expedients permitted under the transition guidance, which does not require reassessment of prior conclusions related to contracts containing a lease, lease classification and initial direct lease costs. As an accounting policy election, we excluded short-term leases (term of 12 months or less) from the balance sheet presentation and accounted for non-lease and lease components in a contract as a single lease component for certain asset classes. Subsequent to the filing of our Form 10-Q for the period ended August 31, 2019, we identified certain immaterial adjustments related to amounts recorded for the adoption of ASC 842. The revised amounts for ROU assets and lease liabilities as of March 1, 2019 are $25.6 million and $29.1 million, respectively. The effect on our condensed statements of comprehensive income (loss) for the fiscal 2020 periods was immaterial. See Note 9, Leases

DESCRIPTION OF BUSINESS AND S_3

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Nov. 30, 2019
ASU 2014-09 [Member]
Summary of Disaggregation of Revenue by Type of Goods and Services and by Timing of Revenue Recognition	We disaggregate revenue from contracts with customers into reportable segments, geography, type of goods and services and timing of revenue recognition. See Note 17 for our revenue by segment and geography. The disaggregation of revenue by type of goods and services and by timing of revenue recognition was as follows (in thousands): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Revenue by type of goods and services: Telematics devices and accessories $ 66,281 $ 68,417 $ 200,340 $ 228,698 Professional services 3,741 4,672 7,724 7,354 Recurring application subscriptions 26,575 15,406 70,839 43,368 Total $ 96,597 $ 88,495 $ 278,903 $ 279,420 Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Revenue by timing of revenue recognition: Revenue recognized at a point in time $ 66,281 $ 68,417 $ 200,340 $ 228,698 Revenue recognized over time 30,316 20,078 78,563 50,722 Total $ 96,597 $ 88,495 $ 278,903 $ 279,420 Telematics devices and accessories presented in the table above are sold on a stand-alone basis and revenue is recognized at a point in time. Recurring application subscriptions revenues include the amortization for customized devices functional only with application subscriptions.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Nov. 30, 2019
Business Combinations [Abstract]
Summary of Preliminary Purchase Price Allocation	The following are the preliminary purchase price allocations as of November 30, 2019 for the three acquisitions (in thousands): Tracker UK LoJack Mexico Synovia Purchase price $ 13,097 $ 14,306 $ 29,500 Add debt paid at closing - - 20,296 Less cash acquired (66 ) (1,586 ) (905 ) Net cash paid 13,031 12,720 48,891 Less amount released from escrow (973 ) - - Net consideration 12,058 12,720 48,891 Add previously held interest - 2,021 - Fair value of net assets and liabilities assumed: Current assets other than cash $ 3,549 $ 4,933 $ 10,354 Property and equipment 1,017 3,228 24,840 Customer relationships 2,354 7,000 16,700 Trade name 2,354 - 1,600 Developed technology 1,830 - 3,800 Deferred tax assets - - 2,061 Other non-current assets 104 1,301 - Current liabilities (3,111 ) (2,361 ) (4,468 ) Due to factors - - (19,676 ) Deferred revenue (3,162 ) (4,507 ) (4,319 ) Deferred tax liability (824 ) (1,039 ) - Other non-current liabilities (201 ) - - Total fair value of net assets acquired 3,910 8,555 30,892 Goodwill $ 8,148 $ 6,186 $ 17,999

CASH, CASH EQUIVALENTS AND IN_2

CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables)	9 Months Ended
	Nov. 30, 2019
Cash And Cash Equivalents [Abstract]
Schedule of Cash and Marketable Securities	The following tables summarize our financial instrument assets (in thousands): As of November 30, 2019 Balance Sheet Classification of Fair Value Unrealized Cash and Short-Term Adjusted Gains Fair Cash Marketable Other Cost (Losses) Value Equivalents Securities Assets Cash $ 28,396 $ — $ 28,396 $ 28,396 $ — $ — Level 1: Money market funds 16,202 — 16,202 16,202 — — Mutual funds (1) 4,367 444 4,811 — — 4,811 International equities 296 1 297 — — 297 Level 2: Repurchase agreements 54,000 — 54,000 54,000 — — Corporate bonds 4,962 — 4,962 3,036 1,926 — Total $ 108,223 $ 445 $ 108,668 $ 101,634 $ 1,926 $ 5,108 As of February 28, 2019 Balance Sheet Classification of Fair Value Unrealized Cash and Short-Term Adjusted Gains Fair Cash Marketable Other Cost (Losses) Value Equivalents Securities Assets Cash $ 26,084 $ — $ 26,084 $ 26,084 $ — $ — Level 1: Money market funds 154,428 — 154,428 154,428 — — Mutual funds (1) 6,023 390 6,413 — — 6,413 International equities 296 (73 ) 223 — — 223 Level 2: Repurchase agreements 72,000 — 72,000 72,000 — — Corporate bonds 21,502 (2 ) 21,500 3,988 17,512 — Total $ 280,333 $ 315 $ 280,648 $ 256,500 $ 17,512 $ 6,636 (1) Amounts represent various equities, bond and money market mutual funds that are held in a “Rabbi Trust” and are restricted for payment obligations to non-qualified deferred compensation plan participants. In addition to the mutual funds above, our “Rabbi Trust” also included Corporate-Owned Life Insurance (COLI) starting in fiscal 2020. As of November 30, 2019, the cash surrender value of COLI was $2.2 million.

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Nov. 30, 2019
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consist of the following (in thousands): November 30, February 28, 2019 2019 Raw materials $ 22,734 $ 14,141 Work in process 18 72 Finished goods 21,283 17,820 $ 44,035 $ 32,033

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
	Nov. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Other Intangible Assets	Other intangible assets consist of the following (in thousands): Gross Accumulated Amortization Effect of Foreign Currency Translation Net Useful Life Feb. 28, 2019 Addi- tions Nov. 30, 2019 Feb. 28, 2019 Expense Nov. 30, 2019 Nov. 30, 2019 Feb. 28, 2019 Nov. 30, 2019 Feb. 28, 2019 Developed technology 2-7 years $ 23,603 3,800 $ 27,403 $ 18,253 $ 2,385 $ 20,638 (28 ) — $ 6,737 $ 5,350 Tradenames 10 years 40,091 1,600 41,691 12,644 2,947 15,591 (42 ) — 26,058 27,447 Customer lists 4-7 years 25,304 — 25,304 21,307 1,258 22,565 — — 2,739 3,997 Dealer and customer relationships 7-12 years 16,850 23,700 40,550 6,908 3,065 9,973 (11 ) — 30,566 9,942 Patents 5 years 589 — 589 160 28 188 — — 401 429 $ 106,437 $ 29,100 $ 135,537 $ 59,272 $ 9,683 $ 68,955 $ (81 ) $ - $ 66,501 $ 47,165
Schedule of Future Amortization Expense	Estimated future amortization expense as of November 30, 2019 is as follows (in thousands): 2020 (remainder) $ 4,144 2021 11,497 2022 9,863 2023 9,643 2024 6,583 Thereafter 24,771 $ 66,501
Schedule of Goodwill	Changes in goodwill are as follows (in thousands): Telematics Systems Software & Subscription Services Total Balance as of February 28, 2019 $ 51,203 $ 29,602 $ 80,805 Acquisition of Synovia and LoJack Mexico (Note 2) — 24,185 24,185 Effect of exchange rate change on goodwill — (33 ) (33 ) Other (1) — 627 627 Balance as of November 31, 2019 $ 51,203 $ 54,381 $ 105,584 (1) Amount represents adjustment to the preliminary Goodwill from the Tracker UK acquisition.

OTHER ASSETS (Tables)

OTHER ASSETS (Tables)	9 Months Ended
	Nov. 30, 2019
Other Assets Noncurrent Disclosure [Abstract]
Schedule of Other Assets	Other assets consist of the following (in thousands): November 30, February 28, 2019 2019 Deferred cost $ 8,396 $ 10,094 Deferred compensation plan assets 6,983 6,413 Lease receivables, non-current 2,648 - Prepaid commissions 1,979 - Other 5,460 6,003 $ 25,466 $ 22,510

FINANCING ARRANGEMENTS (Tables)

FINANCING ARRANGEMENTS (Tables)	9 Months Ended
	Nov. 30, 2019
Debt Disclosure [Abstract]
Summary of Debt	The following table provides a summary of our debt as of November 30, 2019 and February 28, 2019 (in thousands): Maturity Effective November 30, February 28, Date Interest Rate 2019 2019 2020 Convertible Notes, 1.625% fixed rate May 15, 2020 6.20 % $ 27,599 $ 122,527 2025 Convertible Notes, 2.00% fixed rate August 1, 2025 7.56 % 230,000 230,000 Due to factors 2020 - 2024 4.70 % 15,167 — Total term debt 272,766 352,527 Unamortized discount and issuance costs (63,433 ) (76,622 ) Less: Current portion of long-term term debt (32,955 ) — Long-term debt, net of current portion $ 176,378 $ 275,905

RESTRUCTURING CHARGES (Tables)

RESTRUCTURING CHARGES (Tables)	9 Months Ended
	Nov. 30, 2019
Restructuring And Related Activities [Abstract]
Summary of Activity Resulting from Implementation of Restructuring Plan within Other Current and Non-current Liabilities	The following table summarizes the activity resulting from the implementation of the restructuring plan within other current and non-current liabilities (in thousands): Personnel Facilities Total Restructuring liabilities as of February 28, 2019 $ 2,779 $ 2,977 $ 5,756 Cease-use liability reclassified as reduction of Operating lease right-of-use assets - (2,977 ) (2,977 ) Charges 1,924 - 1,924 Payments (1,975 ) - (1,975 ) Restructuring liabilities as of November 30, 2019 $ 2,728 $ - $ 2,728

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Nov. 30, 2019
Leases [Abstract]
Summary of Lease-related Assets and Liabilities	The table below presents lease-related assets and liabilities recorded on the condensed consolidated balance sheet (in thousands): Classification November 30, 2019 Assets Operating lease right-of-use assets Operating lease right-of-use assets $ 24,108 Liabilities Operating lease liabilities (current) Other current liabilities $ 4,877 Operating lease liabilities (noncurrent) Operating lease liabilities 27,090 Total lease liabilities $ 31,967
Summary of Lease Costs Included in Condensed Consolidated Statements of Comprehensive Income (Loss)	The following lease costs were included in our condensed consolidated statements of comprehensive income (loss) as follows (in thousands): Three Months Ended November 30, 2019 Nine Months Ended November 30, 2019 Operating lease cost $ 663 $ 4,636 Short-term lease cost 112 676 Variable lease cost 116 189 Total lease cost $ 891 $ 5,501
Schedule of Supplemental Information Related to Operating Leases	The table below presents supplemental information related to operating leases during the nine months ended November 30, 2019 (in thousands, except weighted-average information): Cash paid for amounts included in the measurement of operating lease liabilities $ 4,581 Right-of-use assets obtained in exchange for new operating lease liabilities $ 4,342 Weighted average remaining lease term 7.8 years Weighted average discount rate 5.45 %
Schedule of Reconciles the Undiscounted Cash Flows for Operating Lease Liabilities	The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the operating lease liabilities recorded on the condensed consolidated balance sheet as of November 30, 2019 Remainder of 2020 $ 2,099 2021 6,246 2022 5,650 2023 5,510 2024 5,266 Thereafter 15,356 Total minimum lease payments 40,127 Less imputed interest (8,160 ) Present value of future minimum lease payments 31,967 Less current obligations under leases (4,877 ) Long-term lease obligations $ 27,090
Schedule of Minimum Lease Payments Under Operating Leases with Non-cancellable Terms in Excess of One Year	Minimum lease payments under operating leases with non-cancelable terms in excess of one year as of February 28, 2019, were as follows (in thousands): 2020 $ 7,565 2021 6,386 2022 6,242 2023 6,199 2024 6,126 Thereafter 7,659 Total minimum lease payments $ 40,177

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Nov. 30, 2019
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	The calculation of the basic and diluted income (loss) per share of common stock is as follows (in thousands, except per share value): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Net income (loss) $ (7,415 ) $ (522 ) $ (23,477 ) $ 7,135 Basic weighted average number of common shares outstanding 33,822 34,561 33,589 34,950 Effect of stock options and restricted stock units computed on treasury stock method — — — 819 Diluted weighted average number of common shares outstanding 33,822 34,561 33,589 35,769 Earnings (loss) per share: Basic $ (0.22 ) $ (0.02 ) $ (0.70 ) $ 0.20 Diluted $ (0.22 ) $ (0.02 ) $ (0.70 ) $ 0.20

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	9 Months Ended
	Nov. 30, 2019
Equity [Abstract]
Schedule of Stock-based Compensation Expense	Stock-based compensation expense is included in the following captions of the condensed consolidated statements of comprehensive income (loss) (in thousands): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Cost of revenues $ 221 $ 251 $ 558 $ 640 Research and development 723 538 1,769 1,323 Selling and marketing 1,058 808 2,709 2,059 General and administrative 1,650 1,344 4,342 4,066 $ 3,652 $ 2,941 $ 9,378 $ 8,088
Summary of Stock Option Activity	Changes in our outstanding stock options during the nine months ended November 30, 2019 were as follows (options in thousands): Number of Options Weighted Average Exercise Price Weighted average remaining contractual life (years) Aggregate intrinsic value Outstanding at February 28, 2019 1,054 $ 13.44 5.8 Granted 171 11.11 Exercised (106 ) 2.35 Forfeited or expired — — Outstanding at November 30, 2019 1,119 $ 14.14 6.2 $ 1,380 Exercisable at November 30, 2019 681 $ 12.46 4.7 $ 1,380
Summary of Restricted Stock Shares (RSU's), and Performance Stock Units (PSU's) Activity	Changes in our outstanding restricted stock shares, performance stock units (“PSUs”) and restricted stock units (“RSUs”) during the nine months ended November 30, 2019 were as follows (restricted shares, PSUs and RSUs in thousands): Number of Restricted Shares, PSUs and RSUs Weighted Average Grant Date Fair Value Shares Retained to Cover Statutory Minimum Withholding Taxes Outstanding at February 28, 2019 1,507 $ 19.77 Granted 1,561 11.30 Vested (467 ) 18.91 159 Forfeited (229 ) 17.30 Outstanding at November 30, 2019 2,372 $ 14.58

COMPREHENSIVE INCOME (LOSS) (Ta

COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Nov. 30, 2019
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)	The following table shows the changes in Accumulated Other Comprehensive Income (Loss) for the nine months ended November 30, 2019 (in thousands): Cumulative Foreign Currency Translation Balances at February 28, 2019 $ (661 ) Other comprehensive loss, net of tax (122 ) Balances at November 30, 2019 $ (783 )

CONCENTRATION OF RISK (Tables)

CONCENTRATION OF RISK (Tables)	9 Months Ended
	Nov. 30, 2019
Risks And Uncertainties [Abstract]
Schedule of Significant Customers and Significant Suppliers Concentration Risk Percentage	One of our customers accounted for more than 10% of our total revenue and accounts receivable as follows (rounded): Three Months Ended November 30, Nine Months Ended November 30, 2019 2018 2019 2018 Revenues: Customer A 14 % 18 % 13 % 15 % November 30, February 28, 2019 2019 Accounts receivable: Customer A 16 % 14 % Three Months Ended November 30, Nine Months Ended November 30, 2019 2018 2019 2018 Inventory purchases: Supplier A 23 % 32 % 28 % 30 % Supplier B 8 % 20 % 11 % 21 % Supplier C 13 % 0 % 7 % 0 % November 30, February 28, 2019 2019 Accounts payable: Supplier A 19 % 30 % Supplier B 9 % 18 %

PRODUCT WARRANTIES (Tables)

PRODUCT WARRANTIES (Tables)	9 Months Ended
	Nov. 30, 2019
Product Warranties Disclosures [Abstract]
Schedule of Product Warranty Liability	Activity in the accrued warranty costs liability is as follows (in thousands): Nine Months Ended November 30, 2019 2018 Balance at beginning of period $ 1,399 $ 5,734 Charged to costs and expenses 657 856 Deductions (703 ) (5,117 ) Balance at end of period $ 1,353 $ 1,473

OTHER FINANCIAL INFORMATION (Ta

OTHER FINANCIAL INFORMATION (Tables)	9 Months Ended
	Nov. 30, 2019
Other Financial Information [Abstract]
Schedule of Supplemental Balance Sheet Information	Supplemental Balance Sheet Information Other current liabilities consist of the following (in thousands): November 30, February 28, 2019 2019 Operating lease liabilities (see Note 9) $ 4,877 $ — Litigation reserve 1,500 1,500 Warranty reserves 1,353 1,398 Accrued restructuring costs (see Note 8) — 752 Other 7,507 6,972 $ 15,237 $ 10,622 Other non-current liabilities consist of the following (in thousands): November 30, February 28, 2019 2019 Deferred revenue $ 29,046 $ 27,106 Deferred compensation plan liability 6,943 6,409 Accrued restructuring costs (see Note 8) - 2,175 Deferred tax liability 974 963 Deferred rent - 365 Other 1,496 1,458 $ 38,459 $ 38,476
Schedule of Interest Expense	Supplemental Statement of Comprehensive Income (Loss) Information Interest expense consists of the following (in thousands): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 Interest expense on 2020 Convertible Notes: Stated interest at 1.625% per annum $ 356 $ 498 $ 1,352 $ 1,810 Amortization of discount and issue costs 1,038 1,412 3,989 5,034 1,394 1,910 5,341 6,844 Interest expense on 2025 Convertible Notes: Stated interest at 2.00% per annum 1,150 1,150 3,476 1,661 Amortization of discount and issue costs 2,203 2,044 6,531 2,945 3,353 3,194 10,007 4,606 Other interest expense 240 30 650 116 Total interest expense $ 4,987 $ 5,134 $ 15,998 $ 11,566
Schedule of Supplemental Cash Flow Information	“Net cash provided by operating activities” includes cash payments for interest expense and income taxes as follows (in thousands): Nine Months Ended November 30, 2019 2018 Interest expense paid $ 4,368 $ 2,550 Income tax paid $ 749 $ 768

SEGMENT INFORMATION AND GEOGR_2

SEGMENT INFORMATION AND GEOGRAPHIC DATA (Tables)	9 Months Ended
	Nov. 30, 2019
Segment Reporting [Abstract]
Summary of Segment Information	Segment information for the three and nine months ended November 30, 2019 and 2018 is as follows (in thousands): Three Months Ended November 30, 2019 Three Months Ended November 30, 2018 Operating Segments Operating Segments Telematics Systems Software & Subscription Services Corporate Expenses Total Telematics Systems Software & Subscription Services Corporate Expenses Total Revenues $ 63,192 $ 33,405 $ 96,597 $ 68,552 $ 19,943 $ 88,495 Gross profit $ 20,956 $ 15,928 $ 36,884 $ 26,284 $ 10,097 $ 36,381 Gross margin 33 % 48 % 38 % 38 % 51 % 41 % Adjusted EBITDA $ 4,518 $ 7,254 $ (867 ) $ 10,905 $ 9,276 $ 3,612 $ (1,465 ) $ 11,423 Nine Months Ended November 30, 2019 Nine Months Ended November 30, 2018 Operating Segments Operating Segments Telematics Systems Software & Subscription Services Corporate Expenses Total Telematics Systems Software & Subscription Services Corporate Expenses Total Revenues $ 188,782 $ 90,121 $ 278,903 $ 222,004 $ 57,416 $ 279,420 Gross profit $ 70,277 $ 39,688 $ 109,965 $ 86,189 $ 28,104 $ 114,293 Gross margin 37 % 44 % 39 % 39 % 49 % 41 % Adjusted EBITDA $ 19,025 $ 13,575 $ (3,479 ) $ 29,121 $ 31,772 $ 9,907 $ (4,390 ) $ 37,289
Summary of Adjusted EBITDA	The adjustments to our net income (losses) prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) to calculate Adjusted EBITDA are itemized below (in thousands): Three Months Ended November 30, Nine Months Ended November 30, 2019 2018 2019 2018 Net income (loss) $ (7,415 ) $ (522 ) $ (23,477 ) $ 7,135 Investment income (1,108 ) (1,398 ) (4,445 ) (3,258 ) Interest expense 4,987 5,134 15,998 11,566 Income tax provision (2,637 ) (778 ) (6,236 ) 496 Depreciation 5,018 2,261 14,054 6,602 Amortization of intangible assets 3,325 2,893 9,683 8,534 Stock-based compensation 3,652 2,941 9,378 8,088 Loss on extinguishment of debt 2,408 — 2,408 2,033 Impairment loss and equity in net loss of affiliate — 445 530 1,414 Restructuring charges 848 1,247 3,120 5,196 Non-recurring legal expenses 957 2,116 5,541 5,253 Acquisition and integration related expenses 382 — 1,572 — Gain on LoJack battery performance legal Settlement — (2,500 ) - (15,833 ) Other 488 (416 ) 995 63 Adjusted EBITDA $ 10,905 $ 11,423 $ 29,121 $ 37,289
Summary of Revenues by Geographic Area	Revenues by geographic area are as follows (in thousands): Three Months Ended Nine Months Ended November 30, November 30, 2019 2018 2019 2018 United States $ 69,961 $ 67,088 $ 201,678 $ 208,152 Europe, Middle East and Africa 14,818 10,328 41,625 37,460 Latin America 1,044 832 4,307 4,961 Canada 2,236 3,249 7,553 6,951 Asia and Pacific Rim 3,044 3,465 7,394 10,704 All other 5,494 3,533 16,346 11,192 $ 96,597 $ 88,495 $ 278,903 $ 279,420

DESCRIPTION OF BUSINESS AND S_4

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) $ in Thousands	Apr. 12, 2019USD ($)	Mar. 19, 2019USD ($)	Feb. 25, 2019USD ($)	Nov. 30, 2019USD ($)	Nov. 30, 2019USD ($)Segment	Mar. 01, 2019USD ($)	Feb. 28, 2019USD ($)
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Number of reportable segments | Segment					2
Purchase price, net of cash on hand					$ 60,634
Revenue recognized				$ 4,700	18,900
Unearned revenue				34,939	34,939	$ 51,400	$ 24,264
Contracted not recognized revenue				64,000	64,000
Allowance for doubtful accounts				3,500	3,500		$ 1,800
Operating lease right-of-use assets				24,108	24,108
Operating lease liabilities				$ 31,967	$ 31,967
ASU 2016-02
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Operating lease right-of-use assets						25,600
Operating lease liabilities						$ 29,100
Minimum [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life					3 years
Accounts receivable payment period					30 days
Maximum [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Estimated useful life					5 years
Accounts receivable payment period					60 days
Vehicle Finance Vertical [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred revenue contract in-service life					3 years
Fleet Management Vertical [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Deferred revenue contract in-service life					4 years
Tracker Network (UK) Limited [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Purchase price			$ 13,100
Car Track, S.A. de C.V [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Purchase price, net of cash on hand		$ 14,300
Percentage of shares purchase in business combination		87.50%
Synovia Solutions LLC (“Synovia”) [Member]
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Purchase price	$ 49,800				$ 29,500
Purchase price, net of cash on hand	$ 49,800				$ 48,891

DESCRIPTION OF BUSINESS AND S_5

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Summary of Disaggregation of Revenue by Type of Goods and Services and by Timing of Revenue Recognition) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018
Disaggregation Of Revenue [Line Items]
Revenues	$ 96,597	$ 88,495	$ 278,903	$ 279,420
Telematics Devices and Accessories [Member]
Disaggregation Of Revenue [Line Items]
Revenues	66,281	68,417	200,340	228,698
Professional Services [Member]
Disaggregation Of Revenue [Line Items]
Revenues	3,741	4,672	7,724	7,354
Recurring Application Subscriptions [Member]
Disaggregation Of Revenue [Line Items]
Revenues	26,575	15,406	70,839	43,368
Revenue Recognized At Point In Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	66,281	68,417	200,340	228,698
Revenue Recognized Over Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	$ 30,316	$ 20,078	$ 78,563	$ 50,722

DESCRIPTION OF BUSINESS AND S_6

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative 1) (Details)	Nov. 30, 2019
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2019-12-01
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenue, remaining performance obligation expect to recognize in percentage	17.00%
Revenue, remaining Performance obligation, expected timing of satisfaction, year	2020
Revenue, remaining Performance obligation, expected timing of satisfaction, period	3 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2020-03-01
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenue, remaining performance obligation expect to recognize in percentage	44.00%
Revenue, remaining Performance obligation, expected timing of satisfaction, year	2021
Revenue, remaining Performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2021-03-01
Description Of Business And Summary Of Significant Accounting Policies [Line Items]
Revenue, remaining performance obligation expect to recognize in percentage	22.00%
Revenue, remaining Performance obligation, expected timing of satisfaction, year	2022
Revenue, remaining Performance obligation, expected timing of satisfaction, period	1 year

ACQUISITIONS (Summary of Prelim

ACQUISITIONS (Summary of Preliminary Purchase Price Allocation) (Details) $ in Thousands, £ in Millions	Apr. 12, 2019USD ($)	Mar. 19, 2019USD ($)	Feb. 25, 2019USD ($)	Feb. 25, 2019GBP (£)	Feb. 28, 2019USD ($)	Nov. 30, 2019USD ($)	Nov. 30, 2018USD ($)
Business Acquisition [Line Items]
Add debt paid at closing							$ 7,305
Net cash paid						$ 60,634
Fair value of net assets and liabilities assumed:
Goodwill					$ 80,805	105,584
Tracker UK [Member]
Business Acquisition [Line Items]
Purchase price			$ 13,100	£ 10		13,097
Less cash acquired						(66)
Net cash paid						13,031
Less amount released from escrow						(973)
Net consideration						12,058
Fair value of net assets and liabilities assumed:
Current assets other than cash						3,549
Property and equipment						1,017
Other non-current assets						104
Current liabilities						(3,111)
Deferred revenue						(3,162)
Deferred tax liability						(824)
Other non-current liabilities						(201)
Total fair value of net assets acquired						3,910
Goodwill						8,148
LoJack Mexico [Member]
Business Acquisition [Line Items]
Purchase price						14,306
Less cash acquired						(1,586)
Net cash paid		$ 14,300			$ 2,000	12,720
Net consideration						12,720
Add previously held interest						2,021
Fair value of net assets and liabilities assumed:
Current assets other than cash						4,933
Property and equipment						3,228
Other non-current assets						1,301
Current liabilities						(2,361)
Deferred revenue						(4,507)
Deferred tax liability						(1,039)
Total fair value of net assets acquired						8,555
Goodwill						6,186
Synovia [Member]
Business Acquisition [Line Items]
Purchase price	$ 49,800					29,500
Add debt paid at closing						20,296
Less cash acquired						(905)
Net cash paid	$ 49,800					48,891
Net consideration						48,891
Fair value of net assets and liabilities assumed:
Current assets other than cash						10,354
Property and equipment						24,840
Deferred tax assets						2,061
Current liabilities						(4,468)
Due to factors						(19,676)
Deferred revenue						(4,319)
Total fair value of net assets acquired						30,892
Goodwill						17,999
Dealer Relationships [Member] | Tracker UK [Member]
Fair value of net assets and liabilities assumed:
Finite-lived intangible assets						2,354
Dealer Relationships [Member] | LoJack Mexico [Member]
Fair value of net assets and liabilities assumed:
Finite-lived intangible assets						7,000
Dealer Relationships [Member] | Synovia [Member]
Fair value of net assets and liabilities assumed:
Finite-lived intangible assets						16,700
Trade Names [Member] | Tracker UK [Member]
Fair value of net assets and liabilities assumed:
Finite-lived intangible assets						2,354
Trade Names [Member] | Synovia [Member]
Fair value of net assets and liabilities assumed:
Finite-lived intangible assets						1,600
Developed Technology [Member] | Tracker UK [Member]
Fair value of net assets and liabilities assumed:
Finite-lived intangible assets						1,830
Developed Technology [Member] | Synovia [Member]
Fair value of net assets and liabilities assumed:
Finite-lived intangible assets						$ 3,800

ACQUISITIONS (Narrative) (Detai

ACQUISITIONS (Narrative) (Details) $ in Thousands, £ in Millions	Apr. 12, 2019USD ($)	Mar. 19, 2019USD ($)	Feb. 25, 2019USD ($)	Feb. 25, 2019GBP (£)	Feb. 28, 2019USD ($)	Nov. 30, 2019USD ($)	Nov. 30, 2019USD ($)	Feb. 28, 2019USD ($)
Business Acquisition [Line Items]
Purchase price, net of cash on hand							$ 60,634
Acquisition related costs						$ 382	1,572
Synovia [Member]
Business Acquisition [Line Items]
Fair value of debt	$ 19,700
Pre-tax cost of debt percentage	4.70%
Tracker UK [Member]
Business Acquisition [Line Items]
Purchase price			$ 13,100	£ 10			13,097
Purchase price, net of cash on hand							13,031
LoJack Mexico [Member]
Business Acquisition [Line Items]
Purchase price							14,306
Purchase price, net of cash on hand		$ 14,300			$ 2,000		12,720
Percentage of shares purchase in business combination		87.50%			12.50%			12.50%
Gain on equity ownership							300
Synovia [Member]
Business Acquisition [Line Items]
Purchase price	$ 49,800						29,500
Purchase price, net of cash on hand	$ 49,800						48,891
Synovia Solutions And LoJack Mexico [Member] | General and Administrative Expenses [Member]
Business Acquisition [Line Items]
Acquisition related costs							$ 1,100	$ 900

CASH, CASH EQUIVALENTS AND IN_3

CASH, CASH EQUIVALENTS AND INVESTMENTS (Details) - USD ($) $ in Thousands		Nov. 30, 2019	Feb. 28, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Adjusted Cost		$ 108,223	$ 280,333
Unrealized Gains (Losses)		445	315
Fair Value		108,668	280,648
Cash and Cash Equivalents [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		101,634	256,500
Short Term Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		1,926	17,512
Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		5,108	6,636
Cash [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Adjusted Cost		28,396	26,084
Unrealized Gains (Losses)
Fair Value		28,396	26,084
Cash [Member] | Cash and Cash Equivalents [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		28,396	26,084
Cash [Member] | Short Term Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Cash [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Adjusted Cost		16,202	154,428
Unrealized Gains (Losses)
Fair Value		16,202	154,428
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member] | Cash and Cash Equivalents [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		16,202	154,428
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member] | Short Term Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Money Market Funds [Member] | Fair Value, Inputs, Level 1 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Mutual Fund [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Adjusted Cost	[1]	4,367	6,023
Unrealized Gains (Losses)	[1]	444	390
Fair Value	[1]	4,811	6,413
Mutual Fund [Member] | Fair Value, Inputs, Level 1 [Member] | Cash and Cash Equivalents [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[1]
Mutual Fund [Member] | Fair Value, Inputs, Level 1 [Member] | Short Term Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[1]
Mutual Fund [Member] | Fair Value, Inputs, Level 1 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	[1]	4,811	6,413
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Adjusted Cost		296	296
Unrealized Gains (Losses)		1	(73)
Fair Value		297	223
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Cash and Cash Equivalents [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Short Term Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		297	223
Repurchase Agreements [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Adjusted Cost		54,000	72,000
Unrealized Gains (Losses)
Fair Value		54,000	72,000
Repurchase Agreements [Member] | Fair Value, Inputs, Level 2 [Member] | Cash and Cash Equivalents [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		54,000	72,000
Repurchase Agreements [Member] | Fair Value, Inputs, Level 2 [Member] | Short Term Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Repurchase Agreements [Member] | Fair Value, Inputs, Level 2 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Adjusted Cost		4,962	21,502
Unrealized Gains (Losses)			(2)
Fair Value		4,962	21,500
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Cash and Cash Equivalents [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		3,036	3,988
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Short Term Marketable Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		1,926	17,512
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value
[1]	Amounts represent various equities, bond and money market mutual funds that are held in a “Rabbi Trust” and are restricted for payment obligations to non-qualified deferred compensation plan participants. In addition to the mutual funds above, our “Rabbi Trust” also included Corporate-Owned Life Insurance (COLI) starting in fiscal 2020. As of November 30, 2019, the cash surrender value of COLI was $2.2 million.

CASH, CASH EQUIVALENTS AND IN_4

CASH, CASH EQUIVALENTS AND INVESTMENTS (Parenthetical) (Details) $ in Millions	Nov. 30, 2019USD ($)
Cash And Cash Equivalents [Abstract]
Cash surrender value of Corporate-Owned Life Insurance (COLI)	$ 2.2

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Thousands	Nov. 30, 2019	Feb. 28, 2019
Inventory Disclosure [Abstract]
Raw materials	$ 22,734	$ 14,141
Work in process	18	72
Finished goods	21,283	17,820
Inventories	$ 44,035	$ 32,033

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS (Schedule of Other Intangible Assets) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018	Feb. 28, 2019
Finite-Lived Intangible Assets [Line Items]
Gross, Beginning balance			$ 106,437
Additions			29,100
Gross, Ending balance	$ 135,537		135,537		$ 106,437
Accumulated Amortization, Beginning balance			59,272
Expense	3,325	$ 2,893	9,683	$ 8,534
Accumulated Amortization, Ending balance	68,955		68,955		59,272
Effect of Foreign Currency Translation			(81)
Net ending	66,501		66,501		47,165
Net beginning			47,165
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Gross, Beginning balance			23,603
Additions			3,800
Gross, Ending balance	27,403		27,403		23,603
Accumulated Amortization, Beginning balance			18,253
Expense			2,385
Accumulated Amortization, Ending balance	20,638		20,638		18,253
Effect of Foreign Currency Translation			(28)
Net ending	6,737		6,737		5,350
Net beginning			$ 5,350
Developed Technology Rights [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period			2 years
Developed Technology Rights [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period			7 years
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period			10 years
Gross, Beginning balance			$ 40,091
Additions			1,600
Gross, Ending balance	41,691		41,691		40,091
Accumulated Amortization, Beginning balance			12,644
Expense			2,947
Accumulated Amortization, Ending balance	15,591		15,591		12,644
Effect of Foreign Currency Translation			(42)
Net ending	26,058		26,058		27,447
Net beginning			27,447
Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Gross, Beginning balance			25,304
Additions
Gross, Ending balance	25,304		25,304		25,304
Accumulated Amortization, Beginning balance			21,307
Expense			1,258
Accumulated Amortization, Ending balance	22,565		22,565		21,307
Effect of Foreign Currency Translation
Net ending	2,739		2,739		3,997
Net beginning			$ 3,997
Customer Lists [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period			4 years
Customer Lists [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period			7 years
Dealer and Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross, Beginning balance			$ 16,850
Additions			23,700
Gross, Ending balance	40,550		40,550		16,850
Accumulated Amortization, Beginning balance			6,908
Expense			3,065
Accumulated Amortization, Ending balance	9,973		9,973		6,908
Effect of Foreign Currency Translation			(11)
Net ending	30,566		30,566		9,942
Net beginning			$ 9,942
Dealer and Customer Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period			7 years
Dealer and Customer Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period			12 years
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization period			5 years
Gross, Beginning balance			$ 589
Additions
Gross, Ending balance	589		589		589
Accumulated Amortization, Beginning balance			160
Expense			28
Accumulated Amortization, Ending balance	188		188		160
Effect of Foreign Currency Translation
Net ending	$ 401		401		$ 429
Net beginning			$ 429

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS (Narrative) (Details)	9 Months Ended
	Nov. 30, 2019USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
Impairment of intangible assets	$ 0

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS (Schedule of Future Amortization Expense) (Details) - USD ($) $ in Thousands	Nov. 30, 2019	Feb. 28, 2019
Fiscal Year
2020 (remainder)	$ 4,144
2021	11,497
2022	9,863
2023	9,643
2024	6,583
Thereafter	24,771
Net	$ 66,501	$ 47,165

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLE ASSETS (Schedule of Goodwill) (Details) $ in Thousands	9 Months Ended
	Nov. 30, 2019USD ($)
Goodwill [Line Items]
Balance as of February 28, 2019	$ 80,805
Acquisition of Synovia and LoJack Mexico (Note 2)	24,185
Effect of exchange rate change on goodwill	(33)
Other	627
Balance as of November 31, 2019	105,584
Telematics Systems [Member]
Goodwill [Line Items]
Balance as of February 28, 2019	51,203
Balance as of November 31, 2019	51,203
Software & Subscription Services [Member]
Goodwill [Line Items]
Balance as of February 28, 2019	29,602
Acquisition of Synovia and LoJack Mexico (Note 2)	24,185
Effect of exchange rate change on goodwill	(33)
Other	627
Balance as of November 31, 2019	$ 54,381

OTHER ASSETS (Schedule of Other

OTHER ASSETS (Schedule of Other Assets) (Details) - USD ($) $ in Thousands	Nov. 30, 2019	Feb. 28, 2019
Other Assets Noncurrent Disclosure [Abstract]
Deferred cost	$ 8,396	$ 10,094
Deferred compensation plan assets	6,983	6,413
Lease receivables, non-current	2,648
Prepaid commissions	1,979
Other	5,460	6,003
Total	$ 25,466	$ 22,510

FINANCING ARRANGEMENTS (Summary

FINANCING ARRANGEMENTS (Summary of Debt) (Details) - USD ($) $ in Thousands	9 Months Ended
	Nov. 30, 2019	Feb. 28, 2019
Debt Instrument [Line Items]
Total term debt	$ 272,766	$ 352,527
Unamortized discount and issuance costs	(63,433)	(76,622)
Less: Current portion of long-term term debt	(32,955)
Long-term debt, net of current portion	$ 176,378	275,905
2020 Convertible Notes, 1.625% Fixed Rate [Member]
Debt Instrument [Line Items]
Maturity Date	May 15, 2020
Effective Interest Rate	6.20%
Total term debt	$ 27,599	122,527
2025 Convertible Notes, 2.00% Fixed Rate [Member]
Debt Instrument [Line Items]
Maturity Date	Aug. 1, 2025
Effective Interest Rate	7.56%
Total term debt	$ 230,000	$ 230,000
Due to Factors [Member]
Debt Instrument [Line Items]
Effective Interest Rate	4.70%
Maturity Date	2020 2021 2022 2023 2024
Total term debt	$ 15,167

FINANCING ARRANGEMENTS (Summa_2

FINANCING ARRANGEMENTS (Summary of Debt) (Parenthetical) (Details)	Nov. 30, 2019	Feb. 28, 2019
2020 Convertible Notes, 1.625% Fixed Rate [Member]
Debt Instrument [Line Items]
Fixed interest rate	1.625%	1.625%
2025 Convertible Notes, 2.00% Fixed Rate [Member]
Debt Instrument [Line Items]
Fixed interest rate	2.00%	2.00%

FINANCING ARRANGEMENTS (Details

FINANCING ARRANGEMENTS (Details)	Mar. 30, 2018USD ($)	Nov. 30, 2019USD ($)$ / shares	Jul. 31, 2018USD ($)$ / sharesshares	May 31, 2015USD ($)	Nov. 30, 2019USD ($)$ / shares	Nov. 30, 2019USD ($)$ / shares	Nov. 30, 2018USD ($)	Apr. 12, 2019USD ($)	Feb. 28, 2019USD ($)
Debt Instrument [Line Items]
Fair value of convertible notes		$ 217,000,000			$ 217,000,000	$ 217,000,000			$ 303,000,000
Loss on extinguishment of debt					2,408,000	2,408,000	$ 2,033,000
Remaining principal amount		272,766,000			272,766,000	272,766,000			$ 352,527,000
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 50,000,000
Maturity date	Mar. 30, 2020
Borrowings outstanding		$ 0			0	0
Synovia Solutions LLC (“Synovia”) [Member]
Debt Instrument [Line Items]
Percentage of subscription contract value on sales price paid								80.00%
Fair value of debt								$ 19,700,000
Pre-tax cost of debt percentage								4.70%
Unamortized discount								$ 1,500,000
Interest expense related to debt recognized					$ 200,000	500,000
Revenue recognized from arrangements with financial institutions						$ 5,000,000
2020 Convertible Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				$ 172,500,000
Fixed interest rate				1.625%
Maturity date				May 15, 2020
Initial conversion price | $ / shares		$ 32.5256			$ 32.5256	$ 32.5256
Aggregate amount of notes repurchase		$ 94,900,000	$ 50,000,000		$ 94,900,000	$ 94,900,000
Repurchases of notes including accrued interest		94,700,000	53,800,000
Loss on extinguishment of debt		2,400,000	2,000,000
Proceeds from unwind of hedge instruments			3,100,000
Carrying value of repurchased notes		92,300,000
Remaining principal amount		$ 27,600,000			$ 27,600,000	$ 27,600,000
2020 Convertible Notes [Member] | Additional Paid-in Capital [Member]
Debt Instrument [Line Items]
Notes charge, equity component			6,100,000
2025 Convertible Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount			$ 230,000,000
Fixed interest rate			2.00%
Maturity date			Aug. 1, 2025
Initial conversion price | $ / shares			$ 30.7450
Debt instrument, redemption, description						We may redeem the notes at our option at any time on or after August 6, 2022 at a cash redemption price equal to the principal amount plus accrued interest, but only if the last reported sale price per share of our stock exceeds 130% of the conversion price on (i) each of at least 20 trading days, whether or not consecutive, during the 30 consecutive trading days ending on, and including, the trading day immediately before the date we send the related redemption notice; and (ii) the trading day immediately before the date we send such notice.
Number of common stock with hedge transactions | shares			7,480,000
Conversion rate of shares of common stock			41.3875
Payments for notes hedges			$ 21,200,000
Purchase of note hedges, net of tax			15,900,000
2025 Convertible Notes [Member] | Additional Paid-in Capital [Member]
Debt Instrument [Line Items]
Notes charge, equity component			$ 51,900,000

RESTRUCTURING CHARGES (Narrativ

RESTRUCTURING CHARGES (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		18 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019
Restructuring Cost And Reserve [Line Items]
Restructuring charges	$ 848	$ 1,247	$ 3,120	$ 5,196	$ 11,100
Severance and employee related costs			1,924		6,200
Restructuring charges					5,000
Telematics Systems [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring charges	$ 800		3,100
Severance and employee related costs			1,900
Restructuring charges			1,200
Impairment reduction of right-of-use asset			$ 1,200
Canton, Massachusetts [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring charges					$ 4,500

RESTRUCTURING CHARGES - Summary

RESTRUCTURING CHARGES - Summary of Activity Resulting from Implementation of Restructuring Plan within Other Current and Non-current Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended	18 Months Ended
	Nov. 30, 2019	Nov. 30, 2019
Restructuring Cost And Reserve [Line Items]
Restructuring liabilities as of February 28, 2019	$ 5,756
Cease-use liability reclassified as reduction of Operating lease right-of-use assets	(2,977)
Charges	1,924	$ 6,200
Payments	(1,975)
Restructuring liabilities as of November 30, 2019	2,728	2,728
Personnel [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring liabilities as of February 28, 2019	2,779
Charges	1,924
Payments	(1,975)
Restructuring liabilities as of November 30, 2019	2,728	$ 2,728
Facilities [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring liabilities as of February 28, 2019	2,977
Cease-use liability reclassified as reduction of Operating lease right-of-use assets	$ (2,977)

LEASES (Summary of Lease-relate

LEASES (Summary of Lease-related Assets and Liabilities) (Details) $ in Thousands	Nov. 30, 2019USD ($)
Schedule Of Lease Assets And Liabilities [Abstract]
Operating lease right-of-use assets	$ 24,108
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	camp:OperatingLeaseRightOfUseAssetsMember
Operating lease liabilities (current)	$ 4,877
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:OtherCurrentLiabilitiesMember
Operating lease liabilities	$ 27,090
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	camp:OperatingLeaseLiabilitiesMember
Total lease liabilities	$ 31,967

LEASES (Summary of Lease Costs

LEASES (Summary of Lease Costs Included in Condensed Consolidated Statements of Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Nov. 30, 2019	Nov. 30, 2019
Lease Cost [Abstract]
Operating lease cost	$ 663	$ 4,636
Short-term lease cost	112	676
Variable lease cost	116	189
Total lease cost	$ 891	$ 5,501

LEASES (Schedule of Supplementa

LEASES (Schedule of Supplemental Information Related to Operating Leases) (Details) $ in Thousands	9 Months Ended
	Nov. 30, 2019USD ($)
Leases [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 4,581
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 4,342
Weighted average remaining lease term	7 years 9 months 18 days
Weighted average discount rate	5.45%

LEASES (Schedule of Reconciles

LEASES (Schedule of Reconciles the Undiscounted Cash Flows for Operating Lease Liabilities) (Details) $ in Thousands	Nov. 30, 2019USD ($)
Operating Lease Liabilities Payments Due [Abstract]
Remainder of 2020	$ 2,099
2021	6,246
2022	5,650
2023	5,510
2024	5,266
Thereafter	15,356
Total minimum lease payments	40,127
Less imputed interest	(8,160)
Total lease liabilities	31,967
Less current obligations under leases	(4,877)
Long-term lease obligations	$ 27,090

LEASES (Schedule of Minimum Lea

LEASES (Schedule of Minimum Lease Payments Under Operating Leases with Non-cancellable Terms in Excess of One Year) (Details) $ in Thousands	Feb. 28, 2019USD ($)
Operating Leases Future Minimum Payments Due [Abstract]
2020	$ 7,565
2021	6,386
2022	6,242
2023	6,199
2024	6,126
Thereafter	7,659
Total minimum lease payments	$ 40,177

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) $ in Millions	9 Months Ended
	Nov. 30, 2019USD ($)
Income Tax Disclosure [Abstract]
Income tax benefit attributable to reduction in unrecognized tax benefits	$ 0.6

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018
Earnings Per Share [Abstract]
Net income (loss)	$ (7,415)	$ (522)	$ (23,477)	$ 7,135
Basic weighted average number of common shares outstanding	33,822	34,561	33,589	34,950
Effect of stock options and restricted stock units computed on treasury stock method				819
Diluted weighted average number of common shares outstanding	33,822	34,561	33,589	35,769
Earnings (loss) per share:
Basic	$ (0.22)	$ (0.02)	$ (0.70)	$ 0.20
Diluted	$ (0.22)	$ (0.02)	$ (0.70)	$ 0.20

EARNINGS PER SHARE (Narrative)

EARNINGS PER SHARE (Narrative) (Details) - shares	3 Months Ended		9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018
Earnings Per Share [Abstract]
Diluted earnings per share for the conversion value of the notes	0	0	0	0

STOCKHOLDERS' EQUITY (Narrative

STOCKHOLDERS' EQUITY (Narrative) (Details) - USD ($) $ in Thousands	Jun. 07, 2018	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock under ESPP	1,750,000
Stock-based compensation expense		$ 3,652	$ 2,941	$ 9,378	$ 8,088
Unrecognized share-based compensation cost		31,000		$ 31,000
Unrecognized compensation cost, recognition period				3 years 4 months 24 days
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 200		$ 400

STOCKHOLDERS' EQUITY (Schedule

STOCKHOLDERS' EQUITY (Schedule of Stock-based Compensation Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	$ 3,652	$ 2,941	$ 9,378	$ 8,088
Cost of Revenues [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	221	251	558	640
Research and Development [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	723	538	1,769	1,323
Selling and Marketing [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	1,058	808	2,709	2,059
General and Administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	$ 1,650	$ 1,344	$ 4,342	$ 4,066

STOCKHOLDERS' EQUITY (Summary o

STOCKHOLDERS' EQUITY (Summary of Stock Option Activity) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Feb. 28, 2019	Nov. 30, 2019
Number of Options
Outstanding, beginning balance		1,054
Granted		171
Exercised		(106)
Forfeited or expired
Outstanding, ending balance	1,054	1,119
Exercisable		681
Weighted Average Exercise Price
Outstanding, beginning balance		$ 13.44
Granted		11.11
Exercised		2.35
Forfeited or expired
Outstanding, ending balance	$ 13.44	14.14
Exercisable		$ 12.46
Weighted average remaining contractual life, Outstanding	5 years 9 months 18 days	6 years 2 months 12 days
Weighted average remaining contractual life, Exercisable		4 years 8 months 12 days
Aggregate intrinsic value, Outstanding		$ 1,380
Aggregate intrinsic value, Exercisable		$ 1,380

STOCKHOLDERS' EQUITY (Summary_2

STOCKHOLDERS' EQUITY (Summary of Restricted Stock Shares and RSUs Activity) (Details) shares in Thousands	9 Months Ended
	Nov. 30, 2019$ / sharesshares
Number of Restricted Shares, PSUs and RSUs
Outstanding, beginning balance	1,507
Granted	1,561
Vested	(467)
Forfeited	(229)
Outstanding, ending balance	2,372
Weighted Average Grant Date Fair Value
Outstanding, beginning balance | $ / shares	$ 19.77
Granted | $ / shares	11.30
Vested | $ / shares	18.91
Forfeited | $ / shares	17.30
Outstanding, ending balance | $ / shares	$ 14.58
Vested, Shares Retained to Cover Statutory Minimum Withholding Taxes	159

COMPREHENSIVE INCOME (LOSS) (Sc

COMPREHENSIVE INCOME (LOSS) (Schedule of Changes in Accumulated Other Comprehensive Income (Loss) (Details) $ in Thousands	9 Months Ended
	Nov. 30, 2019USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	$ (661)
Balances	(783)
Cumulative Foreign Currency Translation [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balances	(661)
Other comprehensive loss, net of tax	(122)
Balances	$ (783)

CONCENTRATION OF RISK (Details)

CONCENTRATION OF RISK (Details) - Customer Concentration Risk [Member] - Major Customer One [Member] - Minimum [Member]	9 Months Ended
	Nov. 30, 2019
Revenues [Member]
Concentration Risk [Line Items]
Concentration percentage	10.00%
Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration percentage	10.00%

CONCENTRATION OF CUSTOMERS AND

CONCENTRATION OF CUSTOMERS AND SUPPLIERS - Schedule of Significant Customers and Significant Suppliers Concentration Risk Percentage (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018	Feb. 28, 2019
Revenues [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration percentage	14.00%	18.00%	13.00%	15.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Customer A [Member]
Concentration Risk [Line Items]
Concentration percentage			16.00%		14.00%
Inventory Purchases [Member] | Supplier Concentration Risk [Member] | Supplier A [Member]
Concentration Risk [Line Items]
Concentration percentage	23.00%	32.00%	28.00%	30.00%
Inventory Purchases [Member] | Supplier Concentration Risk [Member] | Supplier B [Member]
Concentration Risk [Line Items]
Concentration percentage	8.00%	20.00%	11.00%	21.00%
Inventory Purchases [Member] | Supplier Concentration Risk [Member] | Supplier C [Member]
Concentration Risk [Line Items]
Concentration percentage	13.00%	0.00%	7.00%	0.00%
Accounts Payable [Member] | Supplier Concentration Risk [Member] | Supplier A [Member]
Concentration Risk [Line Items]
Concentration percentage			19.00%		30.00%
Accounts Payable [Member] | Supplier Concentration Risk [Member] | Supplier B [Member]
Concentration Risk [Line Items]
Concentration percentage			9.00%		18.00%

PRODUCT WARRANTIES (Details)

PRODUCT WARRANTIES (Details)	9 Months Ended
	Nov. 30, 2019
Minimum [Member]
Valuation And Qualifying Accounts Disclosure [Line Items]
Warranty Term	1 year
Maximum [Member]
Valuation And Qualifying Accounts Disclosure [Line Items]
Warranty Term	2 years

PRODUCT WARRANTIES - Activity i

PRODUCT WARRANTIES - Activity in Accrued Warranty Costs Liability (Details) - Warranty Reserves [Member] - USD ($) $ in Thousands	9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period	$ 1,399	$ 5,734
Charged to costs and expenses	657	856
Deductions	(703)	(5,117)
Balance at end of period	$ 1,353	$ 1,473

OTHER FINANCIAL INFORMATION (Sc

OTHER FINANCIAL INFORMATION (Schedule of Other Current Liabilities) (Details) - USD ($) $ in Thousands	Nov. 30, 2019	Feb. 28, 2019
Other Financial Information Schedule Of Other Current Liabilities Details [Abstract]
Operating lease liabilities (see Note 9)	$ 4,877
Litigation reserve	1,500	$ 1,500
Warranty reserves	1,353	1,398
Accrued restructuring costs (see Note 8)		752
Other	7,507	6,972
Total other current liabilities	$ 15,237	$ 10,622

OTHER FINANCIAL INFORMATION (_2

OTHER FINANCIAL INFORMATION (Schedule of Other Non-Current Liabilities) (Details) - USD ($) $ in Thousands	Nov. 30, 2019	Feb. 28, 2019
Other Financial Information [Abstract]
Deferred revenue	$ 29,046	$ 27,106
Deferred compensation plan liability	6,943	6,409
Accrued restructuring costs (see Note 8)		2,175
Deferred tax liability	974	963
Deferred rent		365
Other	1,496	1,458
Total other non-current liabilities	$ 38,459	$ 38,476

OTHER FINANCIAL INFORMATION (_3

OTHER FINANCIAL INFORMATION (Schedule of Interest Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018
Condensed Income Statements, Captions [Line Items]
Amortization of discount and debt issuance costs			$ 11,031	$ 7,999
Other interest expense	$ 240	$ 30	650	116
Total interest expense	4,987	5,134	15,998	11,566
2020 Convertible Notes [Member]
Condensed Income Statements, Captions [Line Items]
Stated interest	356	498	1,352	1,810
Amortization of discount and debt issuance costs	1,038	1,412	3,989	5,034
Interest expense on convertible notes	1,394	1,910	5,341	6,844
2025 Convertible Notes [Member]
Condensed Income Statements, Captions [Line Items]
Stated interest	1,150	1,150	3,476	1,661
Amortization of discount and debt issuance costs	2,203	2,044	6,531	2,945
Interest expense on convertible notes	$ 3,353	$ 3,194	$ 10,007	$ 4,606

OTHER FINANCIAL INFORMATION (_4

OTHER FINANCIAL INFORMATION (Schedule of Interest Expense) (Parenthetical) (Details)	Nov. 30, 2019	Nov. 30, 2018
2020 Convertible Notes [Member]
Condensed Income Statements, Captions [Line Items]
Interest rate (as a percent)	1.625%	1.625%
2025 Convertible Notes [Member]
Condensed Income Statements, Captions [Line Items]
Interest rate (as a percent)	2.00%	2.00%

OTHER FINANCIAL INFORMATION (_5

OTHER FINANCIAL INFORMATION (Schedule of Cash Payments for Interest and Income Taxes) (Details) - USD ($) $ in Thousands	9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018
Other Financial Information [Abstract]
Interest expense paid	$ 4,368	$ 2,550
Income tax paid	$ 749	$ 768

SEGMENT INFORMATION AND GEOGR_3

SEGMENT INFORMATION AND GEOGRAPHIC DATA (Narrative) (Details)	9 Months Ended
	Nov. 30, 2019Segment
Segment Reporting [Abstract]
Number of reportable segments	2

SEGMENT INFORMATION AND GEOGR_4

SEGMENT INFORMATION AND GEOGRAPHIC DATA (Schedule of Segment Information) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018
Segment Reporting Information [Line Items]
Revenues	$ 96,597	$ 88,495	$ 278,903	$ 279,420
Gross profit	$ 36,884	$ 36,381	$ 109,965	$ 114,293
Gross margin	38.00%	41.00%	39.00%	41.00%
Adjusted EBITDA	$ 10,905	$ 11,423	$ 29,121	$ 37,289
Operating Segments [Member] | Telematics Systems [Member]
Segment Reporting Information [Line Items]
Revenues	63,192	68,552	188,782	222,004
Gross profit	$ 20,956	$ 26,284	$ 70,277	$ 86,189
Gross margin	33.00%	38.00%	37.00%	39.00%
Adjusted EBITDA	$ 4,518	$ 9,276	$ 19,025	$ 31,772
Operating Segments [Member] | Software & Subscription Services [Member]
Segment Reporting Information [Line Items]
Revenues	33,405	19,943	90,121	57,416
Gross profit	$ 15,928	$ 10,097	$ 39,688	$ 28,104
Gross margin	48.00%	51.00%	44.00%	49.00%
Adjusted EBITDA	$ 7,254	$ 3,612	$ 13,575	$ 9,907
Corporate Expenses [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ (867)	$ (1,465)	$ (3,479)	$ (4,390)

SEGMENT INFORMATION AND GEOGR_5

SEGMENT INFORMATION AND GEOGRAPHIC DATA (Summary of Adjusted EBITDA) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		18 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019
Segment Information Summary Of Adjustments Results Of Ebitda Details [Abstract]
Net income (loss)	$ (7,415)	$ (522)	$ (23,477)	$ 7,135
Investment income	(1,108)	(1,398)	(4,445)	(3,258)
Interest expense	4,987	5,134	15,998	11,566
Income tax provision	(2,637)	(778)	(6,236)	496
Depreciation	5,018	2,261	14,054	6,602
Amortization of intangible assets	3,325	2,893	9,683	8,534
Stock-based compensation	3,652	2,941	9,378	8,088
Loss on extinguishment of debt	2,408		2,408	2,033
Impairment loss and equity in net loss of affiliate		445	530	1,414
Restructuring charges	848	1,247	3,120	5,196	$ 11,100
Non-recurring legal expenses	957	2,116	5,541	5,253
Acquisition and integration related expenses	382		1,572
Gain on LoJack battery performance legal Settlement		(2,500)		(15,833)
Other	488	(416)	995	63
Adjusted EBITDA	$ 10,905	$ 11,423	$ 29,121	$ 37,289

SEGMENT INFORMATION AND GEOGR_6

SEGMENT INFORMATION AND GEOGRAPHIC DATA (Summary of Revenues by Geographic Area) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2019	Nov. 30, 2018	Nov. 30, 2019	Nov. 30, 2018
Segment Reporting Information [Line Items]
Revenues	$ 96,597	$ 88,495	$ 278,903	$ 279,420
United States [Member]
Segment Reporting Information [Line Items]
Revenues	69,961	67,088	201,678	208,152
Europe, Middle East and Africa [Member]
Segment Reporting Information [Line Items]
Revenues	14,818	10,328	41,625	37,460
Latin America [Member]
Segment Reporting Information [Line Items]
Revenues	1,044	832	4,307	4,961
Canada [Member]
Segment Reporting Information [Line Items]
Revenues	2,236	3,249	7,553	6,951
Asia and Pacific Rim [Member]
Segment Reporting Information [Line Items]
Revenues	3,044	3,465	7,394	10,704
All other [Member]
Segment Reporting Information [Line Items]
Revenues	$ 5,494	$ 3,533	$ 16,346	$ 11,192

LEGAL PROCEEDINGS (Legal Procee

LEGAL PROCEEDINGS (Legal Proceedings) (Details)	Nov. 26, 2019USD ($)	Sep. 30, 2019USD ($)PatentUnit	Nov. 30, 2019	Nov. 30, 2018USD ($)
Gain Loss On Contingencies [Line Items]
Legal provision previously reserved				$ 19,100,000
Legal proceedings settlement agreement, court			U.S. District Court for the Middle District of Florida
Number of patents | Patent		4
Number of patents infringed | Patent		2
Damages assessed and awarded	$ 4,600,000
Pre-judgment interest amount	$ 800,000
First Patent (U.S. Pat. No. 7,671,727) [Member]
Gain Loss On Contingencies [Line Items]
Number of units infringed | Unit		1
Damages assessed and awarded		$ 1
Second Patent (U.S. Pat. No. 8,032,278) [Member]
Gain Loss On Contingencies [Line Items]
Damages assessed and awarded		$ 4,600,000
Damages assessed and awarded, per unit		5