VOXX International (VOXX) 10-Q 10 Jan 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	9 Months Ended
	Nov. 30, 2021	Jan. 07, 2022
Document Information [Line Items]
Entity Registrant Name	VOXX International Corporation
Title of 12(b) Security	Class A Common Stock $.01 par value
Entity Trading Symbol	VOXX
Security Exchange Name	NASDAQ
Entity Central Index Key	0000807707
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--02-28
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Nov. 30, 2021
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Address, State or Province	FL
Entity File Number	0-28839
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-1964841
Entity Address, Address Line One	2351 J Lawson Blvd
Entity Address, City or Town	Orlando
Entity Address, Postal Zip Code	32824
City Area Code	800
Local Phone Number	645-7750
Document Quarterly Report	true
Document Transition Report	false
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		21,614,629
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,260,954

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Current assets:
Cash and cash equivalents	$ 21,162	$ 59,404
Accounts receivable, net	131,811	106,165
Inventory	166,361	130,793
Receivables from vendors	398	277
Prepaid expenses and other current assets	24,935	22,266
Income tax receivable	431	434
Total current assets	345,098	319,339
Investment securities	1,440	1,777
Equity investment	22,628	23,267
Property, plant and equipment, net	50,692	52,026
Operating lease, right of use asset	4,010	4,572
Goodwill	66,913	58,311
Intangible assets, net	111,293	90,104
Deferred income tax assets	95	99
Other assets	946	1,323
Total assets	603,115	550,818
Current liabilities:
Accounts payable	78,274	61,826
Accrued expenses and other current liabilities	64,782	53,392
Income taxes payable	1,172	1,587
Accrued sales incentives	31,450	25,313
Interim arbitration award payable (see Note 24)	39,444	0
Contract liabilities, current	3,713	4,178
Current portion of long-term debt	2,091	500
Total current liabilities	220,926	146,796
Long-term debt, net of debt issuance costs	9,925	5,962
Finance lease liabilities, less current portion	117	302
Operating lease liabilities, less current portion	3,073	3,582
Deferred compensation	1,440	1,777
Contingent consideration, less current portion (see Note 2)	5,582	0
Deferred income tax liabilities	6,128	6,645
Other tax liabilities	1,002	1,170
Other long-term liabilities	5,790	5,255
Total liabilities	253,983	171,489
Commitments and contingencies (see Note 24)
Redeemable equity (see Note 8)	3,448	3,260
Redeemable non-controlling interest (see Note 2)	1,355	0
Stockholders' equity:
Preferred stock:	0	0
Paid-in capital	300,240	300,402
Retained earnings	123,812	148,906
Accumulated other comprehensive loss	(17,249)	(14,977)
Less: Treasury stock, at cost, 2,862,218 and 2,749,218 shares of Class A Common Stock at November 31, 2021 and February 28, 2021, respectively	(25,138)	(23,918)
Less: Redeemable equity	(3,448)	(3,260)
Total VOXX International Corporation stockholders' equity	378,484	407,420
Non-controlling interest	(34,155)	(31,351)
Total stockholders' equity	344,329	376,069
Total liabilities, redeemable equity, redeemable non-controlling interest, and stockholders' equity	603,115	550,818
Common Class A [Member]
Stockholders' equity:
Common stock	245	245
Common Class B [Member]
Stockholders' equity:
Common stock	$ 22	$ 22

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Nov. 30, 2021	Feb. 28, 2021
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Treasury stock, shares	2,862,218	2,749,218
Common Class A [Member]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	60,000,000	60,000,000
Common stock, shares issued	24,476,847	24,416,194
Common stock, shares outstanding	21,614,629	21,666,976
Treasury stock, shares	2,862,218	2,749,218
Common Class B [Member]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	10,000,000	10,000,000
Common stock, shares issued	2,260,954	2,260,954
Common stock, shares outstanding	2,260,954	2,260,954

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Nov. 30, 2021		Nov. 30, 2020	Nov. 30, 2021		Nov. 30, 2020
Income Statement [Abstract]
Net sales	$ 191,871		$ 201,065	$ 472,040		$ 401,084
Cost of sales	140,167		142,937	346,455		284,905
Gross profit	51,704		58,128	125,585		116,179
Operating expenses:
Selling	13,864		13,176	37,169		30,976
General and administrative	20,049		21,104	56,609		51,398
Engineering and technical support	9,706		5,676	23,824		14,942
Acquisition costs	287		24	3,279		270
Total operating expenses	43,906		39,980	120,881		97,586
Operating (loss) income	7,798		18,148	4,704		18,593
Other (expense) income:
Interest and bank charges	(730)		(471)	(1,840)		(2,280)
Equity in income of equity investee	2,206		1,761	6,964		4,506
Interim arbitration award (see Note 24)	(39,444)			(39,444)
Investment gain (see Note 4)			42			42
Other, net	(143)		294	675		753
Total other (expense) income, net	(38,111)		1,626	(33,645)		3,021
(Loss) income before income taxes	(30,313)	[1]	19,774	(28,941)	[1]	21,614
Income tax (benefit) expense	(641)		2,334	(374)		6,724
Net (loss) income	(29,672)		17,440	(28,567)		14,890
Less: net loss attributable to non-controlling interest	(1,551)		(811)	(3,473)		(2,429)
Net (loss) income attributable to VOXX International Corporation	(28,121)		18,251	(25,094)		17,319
Other comprehensive income (loss):
Foreign currency translation adjustments	(1,835)		79	(2,797)		3,608
Derivatives designated for hedging	184		(43)	466		(514)
Pension plan adjustments	36		(6)	59		(85)
Other comprehensive (loss) income, net of tax	(1,615)		30	(2,272)		3,009
Comprehensive (loss) income attributable to VOXX International Corporation	$ (29,736)		$ 18,281	$ (27,366)		$ 20,328
(Loss) income per share - basic: Attributable to VOXX International Corporation	$ (1.16)		$ 0.75	$ (1.03)		$ 0.72
(Loss) income per share - diluted: Attributable to VOXX International Corporation	$ (1.16)		$ 0.74	$ (1.03)		$ 0.71
Weighted-average common shares outstanding (basic)	24,289,909		24,197,786	24,279,084		24,196,393
Weighted-average common shares outstanding (diluted)	24,289,909		24,677,525	24,279,084		24,532,329
[1]	Included within Corporate/Eliminations for the three and nine months ended November 30, 2021 is a charge of $39,444 recorded for an interim arbitration award unfavorable to the Company (see Note 24).

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Non-controlling Interests [Member]	Treasury Stock [Member]	Redeemable Equity [Member]
Stockholders equity, beginning of period at Feb. 29, 2020	$ 348,229	$ 266	$ 299,228	$ 122,139	$ (19,055)	$ (27,950)	$ (23,918)	$ (2,481)
Net income (loss)	(9,105)	0	0	(8,272)	0	(833)	0	0
Other comprehensive income (loss), net of tax	313	0	0	0	313	0	0	0
Stock-based compensation expense	151	1	351	0	0	0	0	(201)
Stockholders equity, end of period at May. 31, 2020	339,588	267	299,579	113,867	(18,742)	(28,783)	(23,918)	(2,682)
Stockholders equity, beginning of period at Feb. 29, 2020	348,229	266	299,228	122,139	(19,055)	(27,950)	(23,918)	(2,481)
Other comprehensive income (loss), net of tax	3,009
Stockholders equity, end of period at Nov. 30, 2020	366,530	267	300,107	139,458	(16,046)	(30,379)	(23,918)	(2,959)
Stockholders equity, beginning of period at May. 31, 2020	339,588	267	299,579	113,867	(18,742)	(28,783)	(23,918)	(2,682)
Net income (loss)	6,555	0	0	7,340	0	(785)	0	0
Other comprehensive income (loss), net of tax	2,666	0	0	0	2,666	0	0	0
Settlement of SERP restricted stock units	(575)	0	(575)	0	0	0	0	0
Stock-based compensation expense	250	0	335	0	0	0	0	(85)
Stockholders equity, end of period at Aug. 31, 2020	348,484	267	299,339	121,207	(16,076)	(29,568)	(23,918)	(2,767)
Net income (loss)	17,440	0	0	18,251	0	(811)	0	0
Other comprehensive income (loss), net of tax	30	0	0	0	30	0	0	0
Stock-based compensation expense	576	0	768	0	0	0	0	(192)
Stockholders equity, end of period at Nov. 30, 2020	366,530	267	300,107	139,458	(16,046)	(30,379)	(23,918)	(2,959)
Stockholders equity, beginning of period at Feb. 28, 2021	376,069	267	300,402	148,906	(14,977)	(31,351)	(23,918)	(3,260)
Net income (loss)	1,797	0	0	2,716	0	(919)	0	0
Other comprehensive income (loss), net of tax	492	0	0	0	492	0	0	0
Net settlement of 60,693 shares of common stock upon vesting of stock awards	(856)	0	(856)	0	0	0	0	0
Stock-based compensation expense	270	0	236	0	0	0	0	34
Stockholders equity, end of period at May. 31, 2021	377,772	267	299,782	151,622	(14,485)	(32,270)	(23,918)	(3,226)
Stockholders equity, beginning of period at Feb. 28, 2021	376,069	267	300,402	148,906	(14,977)	(31,351)	(23,918)	(3,260)
Other comprehensive income (loss), net of tax	(2,272)
Repurchase of 113,000 shares of Class A common stock	(1,220)
Stockholders equity, end of period at Nov. 30, 2021	344,329	267	300,240	123,812	(17,249)	(34,155)	(25,138)	(3,448)
Stockholders equity, beginning of period at May. 31, 2021	377,772	267	299,782	151,622	(14,485)	(32,270)	(23,918)	(3,226)
Net income (loss)	(692)	0	0	311	0	(1,003)	0	0
Other comprehensive income (loss), net of tax	(1,149)	0	0	0	(1,149)	0	0	0
Repurchase of 113,000 shares of Class A common stock	(1,220)	0	0	0	0	0	(1,220)	0
Stock-based compensation expense	118	0	237	0	0	0	0	(119)
Stockholders equity, end of period at Aug. 31, 2021	374,829	267	300,019	151,933	(15,634)	(33,273)	(25,138)	(3,345)
Net income (loss)	(29,003)	0	0	(28,121)	0	(882)	0	0
Other comprehensive income (loss), net of tax	(1,615)	0	0	0	(1,615)	0	0	0
Stock-based compensation expense	118	0	221	0	0	0	0	(103)
Stockholders equity, end of period at Nov. 30, 2021	$ 344,329	$ 267	$ 300,240	$ 123,812	$ (17,249)	$ (34,155)	$ (25,138)	$ (3,448)

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) (Unaudited) - shares	3 Months Ended
	Aug. 31, 2021	May 31, 2021
Common Stock [Member]
Shares issued upon vesting of stock awards		60,693
Common Class A [Member]
Repurchase of shares of common stock	113,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020
Cash flows from operating activities:
Net (loss) income	$ (28,567)	$ 14,890
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	8,978	8,224
Amortization of debt discount	208	508
Bad debt expense (recovery)	201	(385)
Reduction in the carrying amount of the right of use asset	1,007	836
Loss on forward contracts	232	61
Equity in income of equity investees	(6,964)	(4,506)
Distribution of income from equity investees	7,603	4,248
Deferred income tax (benefit) expense	(578)	4,187
Non-cash compensation adjustment	(337)	(455)
Stock based compensation expense	694	1,454
Changes in operating assets and liabilities:
Accounts receivable	(27,372)	(78,692)
Inventory	(36,344)	(31,406)
Receivables from vendors	(122)	(19)
Prepaid expenses and other	(2,486)	(6,465)
Investment securities-trading	337	455
Accounts payable, accrued expenses, accrued sales incentives, contract liabilities, and other liabilities	73,903	83,049
Income taxes payable	(401)	1,388
Net cash used in operating activities	(10,008)	(2,628)
Cash flows from investing activities:
Purchases of property, plant, and equipment	(3,046)	(3,510)
Purchase of acquired business	(30,406)	(11,000)
Net cash used in investing activities	(33,452)	(14,510)
Cash flows from financing activities:
Principal payments on finance lease obligation	(323)	(470)
Repayment of bank obligations	(375)	(20,375)
Borrowings on bank obligations	1,656	20,000
Deferred financing costs	(667)	(260)
Withholding taxes paid on net issuance of stock award	(857)
Settlement of restricted stock units		575
Purchase of treasury stock	(1,220)
Proceeds from the issuance of subsidiary shares to non-controlling interest	2,069
Proceeds from the issuance of long-term debt to non-controlling interest	4,877
Net cash provided by (used in) financing activities	5,160	(1,680)
Effect of exchange rate changes on cash	58	2,730
Net decrease in cash and cash equivalents	(38,242)	(16,088)
Cash and cash equivalents at beginning of period	59,404	37,425
Cash and cash equivalents at end of period	$ 21,162	$ 21,337

Basis of Presentation

Basis of Presentation	9 Months Ended
	Nov. 30, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	(1) Basis of Presentation The accompanying unaudited interim consolidated financial statements of VOXX International Corporation and Subsidiaries ("Voxx" or the "Company") have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission as defined in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 270 for interim financial information, and in accordance with accounting principles generally accepted in the United States of America (“GAAP”), and include all adjustments (consisting of normal recurring adjustments), which, in the opinion of management, are necessary to present fairly the consolidated financial position, results of operations, changes in stockholders’ equity, and cash flows for all periods presented. The results of operations are not necessarily indicative of the results to be expected for the full fiscal year or any interim period. These unaudited consolidated financial statements do not include all disclosures associated with audited consolidated financial statements prepared in accordance with GAAP. Accordingly, these statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto contained in the Company's Form 10-K for the fiscal year ended February 28, 2021. Certain amounts in the prior year have been reclassified to conform to the current year presentation. We operate in three reportable segments: Automotive Electronics, Consumer Electronics, and Biometrics. See Note 22 for the Company's segment reporting disclosures.

Acquisitions

Acquisitions	9 Months Ended
	Nov. 30, 2021
Acquisitions And Dispositions [Abstract]
Acquisitions	(2) Acquisitions Directed LLC and Directed Electronics Canada, Inc. Acquisition On July 1, 2020, the Company completed the acquisition of certain assets and liabilities, which comprise the aftermarket vehicle remote start and security systems and connected car solutions (telematics) businesses of Directed LLC and Directed Electronics Canada Inc. (collectively, with Directed LLC, “Directed”) via an asset purchase agreement. The acquired assets included inventory, accounts receivable, certain fixed assets, IT systems, and intellectual property. The cash purchase price was $11,000. Net sales from the Company’s newly formed subsidiaries, VOXX DEI LLC and VOXX DEI Canada, Ltd. (collectively, with VOXX DEI LLC, “DEI”), included in our consolidated results for the three and nine months ended November 30, 2021, represented approximately 11.9% and 10.3% of our consolidated net sales, respectively, as compared to 11.8% and 7.1% for the three and nine months ended November 30, 2020, respectively. DEI’s results of operations are included in the consolidated financial statements of Voxx in our Automotive Electronics segment. The purpose of this acquisition was to expand the Company’s market share within the automotive electronics industry. The following summarizes the allocation of the purchase price based upon the fair value of the assets acquired and liabilities assumed at the date of acquisition: July 1, 2020 Measurement Period Adjustments July 1, 2020 (as adjusted) Assets acquired: Inventory $ 7,054 956 8,010 Accounts receivable 5,173 357 5,530 Other current assets 160 - 160 Property and equipment 2,815 - 2,815 Operating lease, right of use asset 1,771 - 1,771 Customer relationships 2,600 (100 ) 2,500 Trademarks 4,500 - 4,500 Patented technology 1,030 - 1,030 Goodwill 3,290 (1,690 ) 1,600 Total assets acquired $ 28,393 $ (477 ) $ 27,916 Liabilities assumed: Accounts payable 8,144 - 8,144 Accrued expenses 1,406 (136 ) 1,270 Contract liabilities 4,872 11 4,883 Warranty accrual 1,200 (352 ) 848 Operating lease liability 1,771 - 1,771 Total $ 17,393 $ (477 ) $ 16,916 Total purchase price $ 11,000 $ - $ 11,000 During Fiscal 2021 and during the nine months ended November 30, 2021, the Company recorded a cumulative net measurement period adjustment that decreased goodwill by $1,690, as presented in the table above. The measurement period adjustment would have resulted in an insignificant decrease in amortization expense related to the customer relationships in the prior year. The Company made these measurement period adjustments to reflect facts and circumstances that existed as of the acquisition date and did not result from intervening events subsequent to such date. Goodwill was determined as the excess of the purchase price over the fair value of the assets acquired (including the identifiable intangible assets) and represents synergies expected. Onkyo On April 29, 2021, the Company’s subsidiary, Premium Audio Company LLC (“PAC”), signed a Letter of Intent to acquire the home audio/video business of Onkyo Home Entertainment Corporation (“OHEC”), along with Sharp Corporation (“Sharp”) as PAC’s partner. On May 26, 2021, PAC and Sharp signed an asset purchase agreement (“APA”) to jointly acquire the home audio/video business of OHEC through a joint venture entity. The APA was approved by OHEC’s shareholders at its ordinary general meeting of shareholders on June 25, 2021 and on June 28, 2021, the Company announced that PAC had entered into a joint venture with Sharp in order to execute the transaction. PAC owns 77.2% of the joint venture and has 85.1% voting interest and Sharp owns approximately 22.8% of the joint venture and has 14.9% voting interest. On September 8, 2021, PAC completed the transaction to acquire the home audio/video business of OHEC with its partner, Sharp, through the newly formed joint venture, Onkyo Technology KK (“Onkyo”). The acquired assets included intangible assets and minimal tangible assets. The joint venture agreement between PAC and Sharp also contains a put/call arrangement, whereby Sharp has the right to put its interest in the joint venture back to Voxx and Voxx has the right to the call Sharp’s ownership interest in the joint venture at any time after the approval of Onkyo’s annual financial statements for the year ending February 28, 2025 at a purchase price based on a formula as defined in the joint venture agreement. The following summarizes the preliminary allocation of the purchase price based upon the fair value of the assets acquired at the date of acquisition: September 8, 2021 Purchase price: Cash paid $ 21,989 Assignment of notes and interest receivable 8,417 Fair value of contingent consideration 6,710 Total transaction consideration $ 37,116 Allocation: Intangible assets $ 26,929 Goodwill 10,187 Total assets acquired $ 37,116 The purchase price allocation presented above is based upon preliminary estimates, including Level 3 inputs which were unobservable and subject to change. We consider the preliminary purchase price allocation incomplete. The information relevant to determine an estimated fair value was not available at the time of acquisition close or as of November 30, 2021. Under these circumstances, the preliminary valuation was based upon initial internal estimates. The assets acquired include technology, trade names, in process research and development, and goodwill. The tax effects of this transaction are still being evaluated. Contingent consideration is payable to OHEC based upon the calculation of 2% of the total price of future product purchases, as defined in the APA, by PAC. The Company consolidates the financial results of Onkyo since the acquisition date for financial reporting purposes. The non-controlling interest has been classified as redeemable non-controlling interest outside of equity on the accompanying Consolidated Balance Sheet as the exercise of the put option is not within the Company’s control. The carrying value of the redeemable non-controlling interest of Onkyo cannot be less than the redemption amount, which is the amount Sharp will settle the put option for if exercised. Adjustments to reconcile the carrying value to the redemption amount are recorded to retained earnings. No adjustment was made to the carrying amount of the redeemable non-controlling interest at November 30, 2021 as the carrying amount was in excess of the redemption amount. The following table provides the rollforward of the redeemable non-controlling interest for the nine months ended November 30, 2021: Redeemable Non-controlling Interest Balance at February 28, 2021 $ - Initial investment by Sharp 2,069 Net loss attributable to non-controlling interest (714 ) Balance at November 30, 2021 $ 1,355 The purpose of this acquisition was to expand the Company’s market share and product offerings within the premium audio industry. The joint venture owns the Onkyo and Integra brands and will market, and sell a variety of products under the Onkyo, Integra, and Pioneer brands. Onkyo’s results of operations are included in the consolidated financial statements of Voxx in our Consumer Electronics segment from September 8, 2021, and represent approximately 1.0% and 0.4% of the Company’s net sales for the three and nine months ended November 30, 2021, respectively. Prior to the acquisition, PAC operated under a distribution agreement with OHEC through its 11 Trading Company subsidiary, selling Onkyo and Pioneer products to Voxx customers. No additional customer contracts were acquired in conjunction with the acquisition and 11TC continues to sell these products to the same pre-acquisition customer base. The acquisition would not have had a material impact on the Company’s revenue or net (loss) income had it been included in the consolidated results of the Company for the nine months ended November 30, 2021 or the three and nine months ended November 30, 2020.

Net (Loss) Income Per Common Sh

Net (Loss) Income Per Common Share	9 Months Ended
	Nov. 30, 2021
Net Income Per Common Share [Abstract]
Net (Loss) Income Per Common Share	( 3 ) Net (Loss) Income Per Common Share Basic net (loss) income per common share, net of non-controlling interest, is based upon the weighted-average common shares outstanding during the period. Diluted net (loss) income per common share, net of non-controlling interest, reflects the potential dilution that would occur if common stock equivalent securities or other contracts to issue common stock were exercised or converted into common stock. There are no reconciling items which impact the numerator of basic and diluted net (loss) income per common share. A reconciliation between the denominator of basic and diluted net (loss) income per common share is as follows: Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Weighted-average common shares outstanding (basic) 24,289,909 24,197,786 24,279,084 24,196,393 Effect of dilutive securities: Restricted stock units, stock grants, and market stock units — 479,739 — 335,936 Weighted-average common shares and potential common shares outstanding (diluted) 24,289,909 24,677,525 24,279,084 24,532,329 Restricted stock units, stock grants, and market stock units of 650,325 and 0 for the three months ended November 30, 2021 and 2020, respectively, and 695,589 and 17,009 for the nine months ended November 30, 2021 and 2020, respectively, were not included in the net (loss) income per diluted share calculation because the grant price of the restricted stock units, stock grants, and market stock units was greater than the average market price of the Company’s common stock during these periods, or the inclusion of these components would have been anti-dilutive.

Investment Securities

Investment Securities	9 Months Ended
	Nov. 30, 2021
Investment Securities [Abstract]
Investment Securities	( 4 ) Investment Securities As of November 30, 2021, and February 28, 2021, the Company had the following investments: November 30, 2021 Fair Value Investment Securities Marketable Equity Securities Mutual funds $ 1,440 Total Marketable Equity Securities 1,440 Total Investment Securities $ 1,440 February 28, 2021 Fair Value Investment Securities Marketable Equity Securities Mutual funds $ 1,777 Total Marketable Securities 1,777 Total Investment Securities $ 1,777 Equity Securities Mutual Funds The Company’s mutual funds are held in connection with its deferred compensation plan. Changes in the carrying value of these securities are offset by changes in the corresponding deferred compensation liability. Other Long-Term Investments In July 2017, the Company sold its investment in RxNetworks, a non-controlled corporation, consisting of shares of the investee’s preferred stock. Voxx recognized a gain of $1,416 during Fiscal 2018 for the sale of this investment. A portion of the cash proceeds for the sale was subject to a hold-back provision, which was not included in the calculation of the gain recognized in Fiscal 2018, as it was considered a gain contingency. During the second quarter of Fiscal 2020, the hold-back provision expired, and the Company received additional proceeds from the sale in August 2019, recording an investment gain of $775 for the nine months ended November 30, 2019. In November 2020, a final disbursement of all remaining proceeds from the sale of RxNetworks attributable to Voxx was received in the amount of $42, which was recorded as an investment gain for the three and nine months ended November 30, 2020.

Fair Value Measurements and Der

Fair Value Measurements and Derivatives	9 Months Ended
	Nov. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements and Derivatives	( 5 ) Fair Value Measurements and Derivatives The Company applies the authoritative guidance on “Fair Value Measurements," which among other things, requires enhanced disclosures about assets and liabilities that are measured and reported at fair value. This guidance establishes a hierarchal disclosure framework that prioritizes and ranks the level of market price observability used in measuring investments at fair value. Market price observability is impacted by a number of factors, including the type of investment and the characteristics specific to the investment. Investments with readily available active quoted prices, or for which fair value can be measured from actively quoted prices, generally will have a higher degree of market price observability and a lesser degree of judgment used in measuring fair value. Investments measured and reported at fair value are classified and disclosed in one of the following categories: Level 1 - Quoted market prices in active markets for identical assets or liabilities. Level 2 - Inputs other than Level 1 inputs that are either directly or indirectly observable. Level 3 - Unobservable inputs developed using the Company's estimates and assumptions, which reflect those that market participants would use. At February 28, 2021, the Company did not have any assets or liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3). The following table presents financial assets and liabilities measured at fair value on a recurring basis at November 30, 2021: Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Level 3 Assets: Cash and money market funds $ 21,162 $ 21,162 $ — $ — Mutual funds 1,440 1,440 - - Liabilities: Derivatives designated for hedging $ 200 $ — $ 200 $ — Contingent consideration 6,403 - - 6,403 The following table presents financial assets and liabilities measured at fair value on a recurring basis at February 28, 2021: Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Level 3 Assets Cash and money market funds $ 59,404 $ 59,404 $ — $ — Mutual funds 1,777 1,777 - - Liabilities: Derivatives designated for hedging $ 765 $ — $ 765 $ — At November 30, 2021, the carrying value of the Company's accounts receivable, short-term debt, accounts payable, accrued expenses, bank obligations, and long-term debt approximates fair value because of either (i) the short-term nature of the financial instrument; (ii) the interest rate on the financial instrument being reset every quarter to reflect current market rates; or (iii) the stated or implicit interest rate approximates the current market rates or are not materially different from market rates. Contingent consideration is related to the Company’s Onkyo acquisition (see Note 2). The estimated fair value of the contingent consideration is classified within Level 3 and was determined using an income approach. Under this method, potential future purchases applicable to the contingent consideration were determined using internal estimates for growth. The potential future purchases applicable to the contingent consideration were multiplied by the appropriate percentage of payments due to OHEC, and the resulting contingent consideration amounts were adjusted for risk at the appropriate discount rate. The value of the contingent consideration was further discounted to reflect the credit risk of the Company. Changes in either the revenue growth rate assumptions or the discount rate could result in a material change to the amount of contingent consideration accrued and such changes will be recorded in the Company's Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. Derivative Instruments The Company’s derivative instruments include forward foreign currency contracts and an interest rate swap agreement. The forward foreign currency contracts are utilized to hedge a portion of the Company’s foreign currency inventory purchases. The forward foreign currency derivatives qualifying for hedge accounting are designated as cash flow hedges and valued using observable forward rates for the same or similar instruments (Level 2). The duration of open forward foreign currency contracts ranges from 1 month to 3 months and are classified in the balance sheet according to their terms. The Company’s interest rate swap agreement hedges interest rate exposure related to the outstanding balance of its Florida Mortgage, with monthly payments due through March 2026. The swap agreement locks the interest rate on the debt at 3.48% (inclusive of credit spread) through the maturity date of the loan. Interest rate swap agreements qualifying for hedge accounting are designated as cash flow hedges and valued based on a comparison of the change in fair value of the actual swap contracts designated as the hedging instruments and the change in fair value of a hypothetical swap contract (Level 2). We calculate the fair value of our interest rate swap agreement quarterly based on the quoted market price for the same or similar financial instruments. Interest rate swaps are classified in the balance sheet as either assets or liabilities based on the fair value of the instruments at the end of the period. Financial Statement Classification The following table discloses the fair value as of November 30, 2021 and February 28, 2021 of the Company’s derivative instruments: Derivative Assets and Liabilities Fair Value Account November 30, 2021 February 28, 2021 Designated derivative instruments Foreign currency contracts Prepaid expenses and other current assets $ 561 $ 412 Accrued expenses and other current liabilities (456 ) (731 ) Interest rate swap agreement Other long-term liabilities (305 ) (446 ) Total derivatives $ (200 ) $ (765 ) Cash Flow Hedges The Company's policy is to enter into derivative instrument contracts with terms that coincide with the underlying exposure being hedged. As such, the Company’s derivative instruments are expected to be highly effective. For derivative instruments that are designated and qualify as cash flow hedges, the entire change in fair value of the hedging instrument included in the assessment of the hedge ineffectiveness is recorded to Other comprehensive (loss) income. When the amounts recorded in Other comprehensive (loss) income are reclassified to earnings, they are presented in the same income statement line item as the effect of the hedged item. During Fiscal 2021, the Company entered into forward foreign currency contracts, which have a current outstanding notional value of $2,700 and are designated as cash flow hedges at November 30, 2021. The current outstanding notional value of the Company's interest rate swap at November 30, 2021 is $6,739. For cash flow hedges, the gain or loss is reported as a component of Other comprehensive (loss) income and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. The net (loss) income recognized in Other comprehensive (loss) income for foreign currency contracts is expected to be recognized in Cost of sales during the next six months. No amounts were excluded from the assessment of hedge effectiveness during the respective periods. The gain or loss on the Company’s interest rate swap is recorded in Other comprehensive (loss) income and subsequently reclassified into Interest and bank charges in the period in which the hedged transaction affects earnings. As of November 30, 2021, no interest rate swaps originally designated for hedge accounting were de-designated or terminated. Activity related to cash flow hedges recorded during the three and nine months ended November 30, 2021 and 2020 was as follows: Three months ended Nine months ended November 30, 2021 November 30, 2021 Pretax Gain Recognized in Other Comprehensive Income Pretax Loss Reclassified from Accumulated Other Comprehensive Income Pretax Gain Recognized in Other Comprehensive Income Pretax Loss Reclassified from Accumulated Other Comprehensive Income Cash flow hedges Foreign currency contracts $ 89 $ (30 ) $ 233 $ (235 ) Interest rate swaps 104 — 141 — Three months ended Nine months ended November 30, 2020 November 30, 2020 Pretax (Loss) Gain Recognized in Other Comprehensive Income Pretax Loss Reclassified from Accumulated Other Comprehensive Income Pretax Loss Recognized in Other Comprehensive Income Pretax Loss Reclassified from Accumulated Other Comprehensive Income Cash flow hedges Foreign currency contracts $ (242 ) $ (121 ) $ (707 ) $ (69 ) Interest rate swaps 39 — (76 ) —

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Nov. 30, 2021
Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Loss	( 6 ) Accumulated Other Comprehensive Loss The Company’s accumulated other comprehensive loss consists of the following: Foreign Currency Translation Losses Pension plan adjustments, net of tax Derivatives designated in a hedging relationship, net of tax Total Balance at February 28, 2021 $ (13,374 ) $ (869 ) $ (734 ) $ (14,977 ) Other comprehensive (loss) income before reclassifications (2,797 ) 59 306 (2,432 ) Reclassified from accumulated other comprehensive loss — — 160 160 Net current-period other comprehensive income (2,797 ) 59 466 (2,272 ) Balance at November 30, 2021 $ (16,171 ) $ (810 ) $ (268 ) $ (17,249 ) During the three and nine months ended November 30, 2021, the Company recorded other comprehensive income (loss), net of the associated tax impact of $37 and $141, respectively, related to derivatives designated in a hedging relationship, and $0 in both periods related to pension plan adjustments. The other comprehensive income (loss) before reclassification of $(2,797) includes the remeasurement of intercompany transactions of a long-term investment nature of $222 with certain subsidiaries whose functional currency is not the U.S. dollar, and $(3,019) from translating the financial statements of the Company's non-U.S. dollar functional currency subsidiaries into our reporting currency, which is the U.S. dollar.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Nov. 30, 2021
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	( 7 ) Supplemental Cash Flow Information The following is supplemental information relating to the Unaudited Consolidated Statements of Cash Flows: Nine months ended November 30, 2021 2020 Non-cash investing and financing activities: Change in redeemable equity $ 188 $ 478 Change in goodwill due to measurement period adjustments, net (1,353 ) 638 Settlement of debt with receivables - 607 Additional goodwill from the recognition of the fair value of non-controlling interest in connection with business acquisition 8,463 - Contingent purchase price consideration in connection with business acquisition 6,710 - Right of use assets obtained in exchange for operating lease obligations 419 735 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 1,018 $ 836 Operating cash flows from finance leases 9 23 Finance cash flows from finance leases 323 470 Cash paid during the period: Interest (excluding bank charges) $ 492 $ 831 Income taxes (net of refunds) 625 1,139

Accounting for Stock-Based Comp

Accounting for Stock-Based Compensation	9 Months Ended
	Nov. 30, 2021
Accounting For Stock Based Compensation [Abstract]
Accounting for Stock-Based Compensation	( 8 ) Accounting for Stock-Based Compensation The Company has various stock-based compensation plans, which are more fully described in Note 1 of the Notes to the Consolidated Financial Statements contained in the Company’s Form 10-K for the fiscal year ended February 28, 2021. Restricted stock awards are granted pursuant to the Company's 2012 Equity Incentive Plan (the "2012 Plan"). A restricted stock award is an award of common stock that is subject to certain restrictions during a specified period. Restricted stock awards are independent of option grants and are subject to forfeiture if employment terminates for a reason other than death, disability, or retirement prior to the release of the restrictions. The Company's Omnibus Equity Incentive Plan was established in 2014 (the "2014 Plan"). Pursuant to the 2014 Plan, Restricted Stock Units ("RSUs") may be awarded by the Company to any individual who is employed by, provides services to, or serves as a director of the Company or its affiliates. RSUs vest on the later of three years from the date of grant, or the grantee reaching the age of 65 years. The RSU awards will also vest upon the sale of all of the Company's issued and outstanding stock, the sale of all, or substantially all, of the assets of a subsidiary of which the grantee serves as CEO and/or President, or the termination of the grantee's employment without cause, provided that the grantee, at the time of termination, has been employed for at least 10 years. When vested, RSU awards may be settled in shares of Class A Common Stock or in cash, at the Company's sole option. There are no market conditions inherent in an RSU award, only the employee performance requirement for performance awards, and the service requirement that the respective employee continues employment with the Company through the vesting date. In July 2021, the Company granted 48,527 RSU awards to employees under the 2014 Plan. The Company expenses the cost of RSU awards on a straight-line basis over the requisite service period of each grantee. For these purposes, the fair market value of each RSU is determined based on the mean of the high and low price of the Company's common stock on the grant date. The fair market value of each RSU granted in July 2021 was $13.59. Grant of Shares to Chief Executive Officer On July 8, 2019, the Board of Directors approved a five-year - An initial stock grant of 200,000 fully vested shares of Class A Common Stock issued in July 2019 under the 2012 Plan. - Additional stock grants of 100,000 shares of Class A Common Stock to be issued on each of March 1, 2020, March 1, 2021, and March 1, 2022. Compensation expense of $40 and $118 was recognized during the three and nine months ended November 30, 2021, respectively, compared to $102 and $308 for the three and nine months ended November 30, 2020, respectively, based upon the grant fair value of $4.15 per share using the graded vesting attribution method. On March 1, 2020, 100,000 of these stock grants vested, resulting in 100,000 shares of the Company’s Class A Common Stock being issued to Mr. Lavelle. On March 1, 2021, an additional 100,000 of these stock grants vested, resulting in 60,653 shares of Class A Common Stock being issued to Mr. Lavelle and 39,347 shares being withheld for taxes. - Grant of market stock units (“MSU’s”) up to a maximum value of $5,000, based upon the achievement of a 90-calendar day average stock price of no less than $5.49 over the performance period ending on the third and fifth anniversary of the effective date of the Employment Agreement. The value of the MSU award increases based upon predetermined targeted 90-calendar day average stock prices with a maximum of $5,000 if the 90-calendar day average high stock price equals or exceeds $15.00. The number of shares to be issued related to the MSUs based upon achievement of the maximum award value of $5,000, and if issued at $15.00 per share, is estimated at 333,333 shares. Actual results may differ based upon when the high average stock price is achieved and settled. We recognized stock-based compensation expense of $60 and $182, during both the three and nine months ended November 30, 2021 and November 30, 2020, respectively, related to these MSU’s using the graded vesting attribution method over the performance period. As of November 30, 2021, all of the MSU’s remain outstanding. All stock grants under the Employment Agreement are subject to a hold requirement as specified in the Employment Agreement. The Employment Agreement gave Mr. Lavelle, in certain limited change of control situations, the right to require the Company to purchase shares issued in connection with the Employment Agreement, shares personally acquired by Mr. Lavelle, and shares issued to him under other incentive compensation arrangements. Accordingly, the stock awards issued in connection with the Employment Agreement are presented as redeemable equity on the Consolidated Balance Sheets at grant-date fair value. RSUs previously held by Mr. Lavelle under the 2014 Plan and shares personally purchased by Mr. Lavelle have been reclassified from permanent equity to redeemable equity. As the contingent events that would allow Mr. Lavelle to redeem the shares are not probable at this time, remeasurement of the amounts in redeemable equity have not been recorded. The Employment Agreement contains certain restrictive and non-solicitation covenants. The following table presents a summary of the activity related to the initial stock grant, additional stock grants under the Employment Agreement, and RSU grants under the 2014 Plan for the nine months ended November 30, 2021: Number of Shares Weighted Average Grant Date Fair Value Unvested award balance at February 28, 2021 603,724 $ 5.18 Granted 48,527 13.59 Vested (136,008 ) 5.50 Vested and settled (100,000 ) 4.15 Unvested award balance at November 30, 2021 416,243 $ 6.30 At November 30, 2021, there were 414,326 vested and unsettled stock grants and RSU awards under the Company’s 2014 Plan with a weighted average fair value of $6.98. During the three and nine months ended November 30, 2021 and November 30, 2020, the Company recorded $221 and $694, respectively, compared to $768 and $1,454, respectively, in total stock-based compensation related to the 2014 Plan, as well as additional stock grants and MSU’s under the Employment Agreement. As of November 30, 2021, there was approximately $1,435 of unrecognized stock-based compensation expense related to unvested RSU awards, stock grants, and MSU’s.

Supply Chain Financing

Supply Chain Financing	9 Months Ended
	Nov. 30, 2021
Supply Chain Financing [Abstract]
Supply Chain Financing	( 9 ) Supply Chain Financing The Company has supply chain financing agreements and factoring agreements that were entered into for the purpose of accelerating receivable collection and better managing cash flow. The balances under the agreements are sold without recourse and are accounted for as sales of accounts receivable. Total receivable balances sold for the three and nine months ended November 30, 2021, net of discounts, were $20,681 and $62,136, respectively, compared to $20,876 and $60,039 for the three and nine months ended November 30, 2020, respectively.

Research and Development

Research and Development	9 Months Ended
	Nov. 30, 2021
Research And Development [Abstract]
Research and Development	( 10 ) Research and Development Expenditures for research and development are charged to expense as incurred. Such expenditures amounted to $3,986 and $9,931 for the three and nine months ended November 30, 2021, respectively, compared to $1,892 and $5,413 for the three and nine months ended November 30, 2020, respectively. All amounts are net of customer reimbursements and are included within Engineering and technical support expenses on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Nov. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	(1 1 ) Goodwill and Intangible Assets The change in goodwill by segment is as follows: Automotive Electronics: Amount Beginning balance at March 1, 2021 $ 11,778 Activity during the period (1,353 ) Balance at November 30, 2021 $ 10,425 Gross carrying value at November 30, 2021 $ 10,425 Accumulated impairment charge — Net carrying value at November 30, 2021 $ 10,425 Consumer Electronics: Beginning balance at March 1, 2021 $ 46,533 Goodwill acquired during the period 10,187 Foreign currency adjustments (232 ) Balance at November 30, 2021 $ 56,488 Gross carrying value at November 30, 2021 $ 88,651 Accumulated impairment charge (32,163 ) Net carrying value at November 30, 2021 $ 56,488 Total Goodwill, net $ 66,913 The Company's Biometrics segment did not carry a goodwill balance at November 30, 2021 or February 28, 2021. At November 30, 2021, intangible assets consisted of the following: Gross Carrying Value Accumulated Amortization Total Net Book Value Finite-lived intangible assets: Customer relationships $ 54,227 $ 38,828 $ 15,399 Trademarks/Tradenames 24,504 1,674 22,830 Developed technology 21,498 12,902 8,596 Patents 6,736 5,329 1,407 License 1,400 1,400 — Contracts 1,556 1,556 — Total finite-lived intangible assets $ 109,921 $ 61,689 48,232 Indefinite-lived intangible assets Trademarks 63,061 Total intangible assets, net $ 111,293 At February 28, 2021, intangible assets consisted of the following: Gross Carrying Value Accumulated Amortization Total Net Book Value Finite-lived intangible assets: Customer relationships $ 54,688 $ 36,412 $ 18,276 Trademarks/Tradenames 5,545 811 4,734 Developed technology 14,144 12,516 1,628 Patents 6,736 4,629 2,107 License 1,400 1,400 — Contracts 1,556 1,556 — Total finite-lived intangible assets $ 84,069 $ 57,324 26,745 Indefinite-lived intangible assets Trademarks 63,359 Total intangible assets, net $ 90,104 The Company recorded amortization expense of $2,017 and $4,803 for the three and nine months ended November 30, 2021, respectively, compared to $1,477 and $3,973 for the three and nine months ended November 30, 2020, respectively. The estimated aggregate amortization expense for all amortizable intangibles for November 30 of each of the succeeding years is as follows: Year Amount 2022 $ 7,549 2023 6,956 2024 6,738 2025 6,614 2026 4,767

Equity Investment

Equity Investment	9 Months Ended
	Nov. 30, 2021
Equity Method Investment Summarized Financial Information [Abstract]
Equity Investment	(1 2 ) Equity Investment As of November 30, 2021 and February 28, 2021, the Company had a 50% non-controlling ownership interest in ASA Electronics, LLC and Subsidiary (“ASA") which acts as a distributor of mobile electronics specifically designed for niche markets within the automotive industry, including RV's; buses; and commercial, heavy duty, agricultural, construction, powersport, and marine vehicles. The following presents summary financial information for ASA. Such summary financial information has been provided herein based upon the individual significance of ASA to the consolidated financial information of the Company. November 30, 2021 February 28, 2021 Current assets $ 50,885 $ 49,956 Non-current assets 4,932 4,757 Liabilities 10,561 8,179 Members' equity 45,256 46,534 Nine months ended November 30, 2021 2020 Net sales $ 91,153 $ 67,940 Gross profit 22,976 16,749 Operating income 13,867 8,761 Net income 13,928 9,012 The Company's share of income from ASA was $2,206 and $6,964 for the three and nine months ended November 30, 2021, respectively, compared to $1,761 and $4,506 for the three and nine months ended November 30, 2020, respectively.

Income Taxes

Income Taxes	9 Months Ended
	Nov. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	(1 3 ) Income Taxes The Company’s provision for income taxes consists of federal, foreign, and state taxes necessary to align the Company’s year-to-date tax provision with the annual effective rate that it expects to achieve for the full year. At each interim period, the Company updates its estimate of the annual effective tax rate and records cumulative adjustments, as necessary. For the three months ended November 30, 2021, the Company recorded an income tax benefit of $641, which includes a discrete income tax provision of $175 related primarily to finalization of the federal and certain state tax return filings. For the three months ended November 30, 2020, the Company recorded an income tax provision of $2,334, which includes a discrete income tax benefit of $542 related primarily to finalization of the federal and certain state tax return filings. The effective tax rates for the three months ended November 30, 2021 and 2020 were an income tax benefit of 2.1% on a pre-tax loss of $30,313 and an income tax provision of 11.8% on pre-tax income of $19,774, respectively. The effective tax rate for the three months ended November 30, 2021 differs from the U.S. statutory rate of 21% primarily as a result of an increase in valuation allowance as the Company recorded a limited tax benefit with respect to the Arbitration Settlement as it could not conclude that all of its US deferred tax assets were realizable on a more-likely-than-not basis. The effective tax rate for the three months ended November 30, 2020 differed from the statutory rate of 21% primarily due to the anticipated reversal of a portion of the U.S. valuation allowance based on projected current year earnings, immediate U.S. taxation of foreign earnings, non-controlling interest related to EyeLock LLC, state and local income taxes, nondeductible permanent differences, and income taxed in foreign jurisdictions at varying tax rates. For the nine months ended November 30, 2021, the Company recorded an income tax benefit of $374, which includes a discrete income tax provision of $31 related to the finalization of federal and state tax filings during the quarter ended November 30, 2021 and the accrual of interest for unrecognized tax benefits, offset with the reversal of uncertain tax provision liabilities as a result of the lapse of the applicable statute of limitations. For the nine months ended November 30, 2020, the Company recorded an income tax provision of $6,724, which includes a discrete income tax provision of $3,609. The Company recorded a discrete tax provision of $4,275 related to an increase in valuation allowance as a result of the technical correction to net operating losses as provided in the CARES Act and a discrete tax benefit of $697 related to the finalization of federal and state filings during the quarter ended November 30, 2020, and the reversal of uncertain tax provision liabilities as a result of the lapse of the applicable statute of limitations, offset with a discrete tax provision of $31 related to the accrual of interest for unrecognized tax benefits. The effective tax rates for the nine months ended November 30, 2021 and 2020 were an income tax benefit of 1.3% on pre-tax loss of $28,941 and an income tax provision of 31.1% on pre-tax income of $21,614, respectively. The effective tax rate for the nine months ended November 30, 2021 differs from the U.S. statutory rate of 21% as a result of a number of factors, including the non-controlling interest related to EyeLock LLC, state and local income taxes, nondeductible permanent differences, income taxed in foreign jurisdictions at varying tax rates, and an increase in valuation allowance as the Company recorded a limited tax benefit with respect to the Arbitration Settlement as it could not conclude that all of its US deferred tax assets were realizable on a more-likely-than-not basis. The effective tax rate for the nine months ended November 30, 2020 differed from the statutory rate of 21% primarily due to the anticipated reversal of a portion of the U.S. valuation allowance based on projected current year earnings, immediate U.S. taxation of foreign earnings, non-controlling interest related to EyeLock LLC, state and local income taxes, nondeductible permanent differences, and income taxed in foreign jurisdictions at varying tax rates. At November 30, 2021, the Company had an uncertain tax position liability of $1,002, including interest and penalties. The unrecognized tax benefits include amounts related to various U.S. federal, state, and local, and foreign tax issues.

Inventory

Inventory	9 Months Ended
	Nov. 30, 2021
Inventory Disclosure [Abstract]
Inventory	(1 4 ) Inventory Inventories by major category are as follows: November 30, 2021 February 28, 2021 Raw materials $ 23,683 $ 21,228 Work in process 1,264 1,732 Finished goods 141,414 107,833 Inventory $ 166,361 $ 130,793

Product Warranties and Product

Product Warranties and Product Repair Costs	9 Months Ended
	Nov. 30, 2021
Payables And Accruals Warranties [Abstract]
Product Warranties and Product Repair Costs	(1 5 ) Product Warranties and Product Repair Costs The following table provides a summary of the activity with respect to product warranties and product repair costs. The liability for product warranties is included within Accrued expenses and other current liabilities and the reserve for product repair costs is recorded as a reduction of Inventory on the Consolidated Balance Sheets. Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Opening balance $ 4,495 $ 5,520 $ 5,290 $ 4,748 Liabilities for warranties accrued during the period 1,978 864 3,215 2,339 Liabilities (adjusted) acquired during acquisition — — (352 ) 1,200 Warranty claims settled during the period (1,016 ) (884 ) (2,696 ) (2,787 ) Ending balance $ 5,457 $ 5,500 $ 5,457 $ 5,500

Financing Arrangements

Financing Arrangements	9 Months Ended
	Nov. 30, 2021
Debt Disclosure [Abstract]
Financing Arrangements	(16) Financing Arrangements The Company has the following financing arrangements: November 30, 2021 February 28, 2021 Debt Domestic credit facility (a) $ — $ — Florida mortgage (b) 6,739 7,114 Euro asset-based lending obligation - VOXX Germany (c) 1,591 — Shareholder loan payable to Sharp (d) 4,795 — Total debt 13,125 7,114 Less: current portion of long-term debt 2,091 500 Long-term debt 11,034 6,614 Less: debt issuance costs 1,109 652 Total long-term debt, net of debt issuance costs $ 9,925 $ 5,962 (a) Domestic Credit Facility The Company has a senior secured credit facility (the "Credit Facility"), which was amended on April 19, 2021 to provide for a revolving credit facility with committed availability of up to $140,000. The Credit Facility also includes a $30,000 sublimit for letters of credit and a $15,000 sublimit for swingline loans. The availability under the revolving credit line within the Credit Facility is subject to a borrowing base, which is based on eligible accounts receivable, eligible inventory and certain real estate, subject to reserves as determined by the lender, and is also limited by amounts outstanding under the Florida Mortgage (see Note 16(b)). The availability under the revolving credit line of the Credit Facility was $128,517 as of November 30, 2021. All amounts outstanding under the Credit Facility will mature and become due on April 19, 2026; however, it is subject to acceleration upon the occurrence of an Event of Default as defined in the Second Amended and Restated Credit Agreement (“the Agreement”). The Company may prepay any amounts outstanding at any time, subject to payment of certain breakage and redeployment costs relating to LIBOR Rate Loans. The commitments under the Credit Facility may be irrevocably reduced at any time, without premium or penalty as set forth in the Agreement. Generally, the Company may designate specific borrowings under the Credit Facility as either Base Rate Loans or LIBOR Rate Loans, except that swingline loans may only be designated as Base Rate Loans. Loans designated as LIBOR Rate Loans bear interest at a rate equal to the then applicable LIBOR rate plus a range of 1.75 – 2.25% (2.00% at November 30, 2021). Loans designated as Base Rate loans bear interest at a rate equal to the applicable margin for Base Rate Loans plus a range of 0.75 - 1.25% as defined in the Agreement and shall not be lower than 1.75% (4.00% at November 30, 2021). The amendment to the Credit Facility in April 2021 provided for a Benchmark Replacement that will replace the LIBOR rate for all revolver usage. The Benchmark Replacement is subject to the occurrence of a Benchmark Transition Event, as defined in the Second Amended and Restated Credit Agreement and becomes effective after a five-day transition period following the event. Provided that the Company is in a Compliance Period (the period commencing on that day in which Excess Availability is less than 15% of the Maximum Revolver Amount and ending on a day in which Excess Availability is equal to or greater than 15% for any consecutive 30-day period thereafter), the Credit Facility requires compliance with a financial covenant calculated as of the last day of each month, consisting of a Fixed Charge Coverage Ratio. The Credit Facility also contains covenants, subject to defined carveouts, that limit the ability of the loan parties and certain of their subsidiaries which are not loan parties to, among other things: (i) incur additional indebtedness; (ii) incur liens; (iii) merge, consolidate or dispose of a substantial portion of their business; (iv) transfer or dispose of assets; (v) change their name, organizational identification number, state or province of organization or organizational identity; (vi) make any material change in their nature of business; (vii) prepay or otherwise acquire indebtedness; (viii) cause any change of control; (ix) make any restricted junior payment; (x) change their fiscal year or method of accounting; (xi) make advances, loans or investments; (xii) enter into or permit any transaction with an affiliate of any borrower or any of their subsidiaries; (xiii) use proceeds for certain items; (xiv) issue or sell any of their stock; or (xv) consign or sell any of their inventory on certain terms. In addition, if excess availability under the Credit Facility were to fall below certain specified levels, as defined in the Agreement, the lenders would have the right to assume dominion and control over the Company's cash. As of November 30, 2021, the Company was not in a Compliance Period. The obligations under the Credit Facility documents are secured by a general lien on, and security interest in, substantially all of the assets of the borrowers and certain of the guarantors, including accounts receivable, equipment, real estate, general intangibles, and inventory. The Company has guaranteed the obligations of the borrowers under the Agreement. Charges incurred on the unused portion of the Credit Facility during the three and nine months ended November 30, 2021 totaled $208 and $531, respectively, compared to $130 and $371 during the three and nine months ended November 30, 2020, respectively. These charges are included within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. The Company has deferred financing costs related to the Credit Facility and previous amendments and modifications of the Credit Facility. In conjunction with the amendment to its Credit Facility on April 19, 2021, the Company incurred additional financing fees of $667 that will be amortized over the remaining term of the facility. The Company accounted for the April 2021 amendment to the Credit Facility as a modification of debt. Deferred financing costs are included in Long-term debt on the accompanying Consolidated Balance Sheets as a contra-liability balance and are amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the term of the Credit Facility, which expires on April 19, 2026. During the three and nine months ended November 30, 2021, the Company amortized $55 and $185 of these costs, respectively, as compared to $106 and $432 during the three and nine months ended November 30, 2020, respectively. The net unamortized balance of these deferred financing costs as of November 30, 2021 was $977. (b) Florida Mortgage On July 6, 2015, VOXX HQ LLC, the Company’s wholly owned subsidiary, closed on a $9,995 industrial development revenue tax exempt bond under a loan agreement in favor of the Orange County Industrial Development Authority (the “Authority”) to finance the construction of the Company's manufacturing facility and executive offices in Lake Nona, Florida. Wells Fargo Bank, N.A. ("Wells Fargo") was the purchaser of the bond and U.S. Bank National Association is the trustee under an Indenture of Trust with the Authority. Voxx borrowed the proceeds of the bond purchase from the Authority during construction as a revolving loan, which converted to a permanent mortgage upon completion of the facility in January 2016 (the "Florida Mortgage"). The Company makes principal and interest payments to Wells Fargo, which began March 1, 2016 and will continue through March of 2026. The Florida Mortgage bears interest at 70% of 1-month LIBOR plus 1.54% (1.63% at November 30, 2021) and is secured by a first mortgage on the property, a collateral assignment of leases and rents and a guaranty by the Company. The financial covenants of the Florida Mortgage are as defined in the Company’s Credit Facility with Wells Fargo dated April 26, 2016. The Company incurred debt financing costs totaling approximately $332 as a result of obtaining the Florida Mortgage, which are recorded as deferred financing costs and included in Long-term debt as a contra-liability balance on the accompanying Consolidated Balance Sheets and are being amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the ten-year On July 20, 2015, the Company entered into an interest rate swap agreement in order to hedge interest rate exposure related to the Florida Mortgage and pays a fixed rate of 3.48% under the swap agreement (See Note 5). (c) Euro Asset-Based Lending Obligation – VOXX Germany Foreign bank obligations include a Euro Asset-Based Lending ("ABL") credit facility, which has a credit limit of €8,000 for the Company's subsidiary, VOXX Germany, which expires on July 31, 2023. The rate of interest for the ABL is the three-month Euribor plus 2.30% (2.30% at November 30, 2021). (d) Shareholder Loan Payable to Sharp In conjunction with the capitalization and funding of the Company’s Onkyo joint venture with its partner Sharp, which was created in order to execute the acquisition of the home audio/video business of OHEC on September 8, 2021 (see Note 2), Onkyo entered into a loan agreement with the shareholders of the joint venture, PAC and Sharp. The loan balance outstanding at November 30, 2021 represents the portion of the loan payable to Sharp. The loan balance due to PAC eliminates in consolidation. All amounts outstanding under the loan will mature and become payable ten years from the execution date of the acquisition, which is September 8, 2031. The loan may be prepaid subject the approval of the board of directors of the joint venture and must be repaid if either the put or call option is exercised in accordance with the joint venture agreement. The rate of interest for the shareholder loan is 2.5% and the loan is secured by a second priority lien on and secured interest in all assets of Onkyo.

Other Income (Expense)

Other Income (Expense)	9 Months Ended
	Nov. 30, 2021
Other Income And Expenses [Abstract]
Other Income (Expense)	(17) Other Income (Expense) Other income (expense) is comprised of the following: Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Foreign currency (loss) gain $ (382 ) $ 34 $ (268 ) $ (445 ) Interest income 55 6 67 77 Rental income 186 188 547 556 Miscellaneous (2 ) 66 329 565 Total other, net $ (143 ) $ 294 $ 675 $ 753

Foreign Currency

Foreign Currency	9 Months Ended
	Nov. 30, 2021
Foreign Currency [Abstract]
Foreign Currency	(1 8 ) Foreign Currency The Company has a subsidiary in Venezuela. Venezuela has experienced significant political and civil unrest, as well as economic instability for several years, and has implemented various foreign currency and price controls. The Company accounts for its Venezuela subsidiary as hyper-inflationary in accordance with the guidelines in ASC 830, "Foreign Currency." A hyper-inflationary economy designation occurs when a country has experienced cumulative inflation of approximately 100 percent or more over a 3-year period. The hyper-inflationary designation requires the local subsidiary in Venezuela to record all transactions as if they were denominated in U.S. dollars. The Company’s operations in Venezuela are suspended and net currency exchange gains and losses for the three and nine months ended November 30, 2021 were not significant. The Company has certain long-lived assets in Venezuela, which are held for investment purposes. These properties had no value at November 30, 2021.

Lease Obligations

Lease Obligations	9 Months Ended
	Nov. 30, 2021
Leases [Abstract]
Lease Obligations	( 19 ) Lease Obligations We account for leases in accordance with ASC 842 “Leases” (“ASC 842”). We determine whether an arrangement is a lease at inception. This determination generally depends on whether the arrangement conveys the right to control the use of an identified fixed asset explicitly or implicitly for a period of time in exchange for consideration. We have operating leases for office equipment, as well as offices, warehouses, and other facilities used for our operations. We also have finance leases comprised primarily of computer hardware and machinery and equipment. Our leases have remaining lease terms of less than 1 year to 9 years, some of which include renewal options. We consider these renewal options in determining the lease term used to establish our right-of-use assets and lease liabilities when it is determined that it is reasonably certain that the renewal option will be exercised. The Company had no short-term leases during the three and nine months ended November 30, 2021. Refer to Note 7 for supplemental cash flow information related to leases. The components of lease cost for the three and nine months ended November 30, 2021 and 2020 were as follows: Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Operating lease cost (a) (c) $ 324 $ 328 $ 1,007 $ 836 Finance lease cost: Amortization of right of use assets (a) 102 139 324 465 Interest on lease liabilities (b) 2 6 9 23 Total finance lease cost $ 104 $ 145 $ 333 $ 488 (a) Recorded within Selling, General and administrative, Engineering and technical support, and Cost of sales on the Unaudited Consolidated Statement of Operations and Comprehensive Income. (b) Recorded within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. (c) Includes immaterial amounts related to variable rent expense. Supplemental balance sheet information related to leases is as follows: November 30, 2021 February 28, 2021 Operating Leases Operating lease, right of use assets $ 4,010 $ 4,572 Total operating lease right of use assets $ 4,010 $ 4,572 Accrued expenses and other current liabilities $ 1,029 $ 1,119 Operating lease liabilities, less current portion 3,073 3,582 Total operating lease liabilities $ 4,102 $ 4,701 Finance Leases Property, plant, and equipment, gross $ 2,503 $ 2,503 Accumulated depreciation (2,129 ) (1,805 ) Total finance lease right of use assets $ 374 $ 698 Accrued expenses and other current liabilities $ 269 $ 418 Finance lease liabilities, less current portion 117 302 Total finance lease liabilities $ 386 $ 720 Weighted Average Remaining Lease Term Operating leases 6.0 years 6.0 years Finance leases 1.4 years 1.8 years Weighted Average Discount Rate Operating leases 4.18 % 4.49 % Finance leases 3.87 % 3.87 % Maturities of lease liabilities on November 30 of each of the succeeding years are as follows: Operating Leases Finance Leases 2021 $ 1,156 274 2022 844 118 2023 640 — 2024 462 — 2025 312 — Thereafter 1,150 — Total lease payments 4,564 392 Less imputed interest 462 6 Total $ 4,102 386 As of November 30, 2021, the Company has not entered into any lease agreements that have not yet commenced. The Company owns and occupies buildings as part of its operations. Certain space within these buildings may, from time to time, be leased to third parties from which the Company earns rental income as lessor. This leased space is recorded within property, plant, and equipment and was not material to the Company's Consolidated Balance Sheets at November 30, 2021 and February 28, 2021. Rental income earned by the Company for the three and nine months ended November 30, 2021 and 2020 was $186 and $547, respectively, compared to $188 and $556, respectively, and is recorded within Other income (expense).

Capital Structure

Capital Structure	9 Months Ended
	Nov. 30, 2021
Equity [Abstract]
Capital Structure	( 2 0 ) Capital Structure The Company's capital structure is as follows: Shares Authorized Shares Outstanding Security Par Value November 30, 2021 February 28, 2021 November 30, 2021 February 28, 2021 Voting Rights per Share Liquidation Rights Preferred Stock $ 50.00 — 50,000 — — — $50 per share Series Preferred Stock $ 0.01 — 1,500,000 — — — — Class A Common Stock $ 0.01 60,000,000 60,000,000 21,614,629 21,666,976 1 Ratably with Class B Class B Common Stock $ 0.01 10,000,000 10,000,000 2,260,954 2,260,954 10 Ratably with Class A Treasury Stock at cost at cost 2,862,218 2,749,218 N/A N/A N/A During the nine months ended November 30, 2021, the Company repurchased 113,000 shares of common stock for an aggregate cost of $1,220. As of November 30, 2021, 2,305,876 shares of the Company’s Class A common stock are authorized to be repurchased in the open market.

Variable Interest Entity

Variable Interest Entity	9 Months Ended
	Nov. 30, 2021
Variable Interest Entity [Abstract]
Variable Interest Entity	(2 1 ) Variable Interest Entity A variable interest entity ("VIE") is an entity that either (i) has insufficient equity to permit the entity to finance its activities without additional subordinated financial support, or (ii) has equity investors who lack the characteristics of a controlling financial interest. Under ASC 810 – “Consolidation,” an entity that holds a variable interest in a VIE and meets certain requirements would be considered to be the primary beneficiary of the VIE and required to consolidate the VIE in its consolidated financial statements. In order to be considered the primary beneficiary of a VIE, an entity must hold a variable interest in the VIE and have both: • the power to direct the activities that most significantly impact the economic performance of the VIE; and • the right to receive benefits from, or the obligation to absorb losses of, the VIE that could be potentially significant to the VIE. On September 1, 2015, Voxx acquired a majority voting interest in substantially all of the assets and certain specified liabilities of EyeLock, Inc. and EyeLock Corporation, a market leader of iris-based identity authentication solutions, through a newly formed entity, EyeLock LLC. The Company issued EyeLock LLC a promissory note for the purposes of repaying protective advances and funding working capital requirements of the entity. On August 29, 2021, this promissory note was amended and restated to allow EyeLock LLC to borrow up to $68,200. Through March 1, 2019, interest on the outstanding principal of the loan accrued at 10%. From March 1, 2019 forward, interest accrues at 2.5%. The amended and restated promissory note is due on December 31, 2022. The outstanding principal balance of this promissory note is convertible at the sole option of Voxx into units of EyeLock LLC. If Voxx chooses not to convert into equity, the outstanding loan principal of the amended and restated promissory note will be repaid at a multiple of 1.50 based on the repayment date. The agreement includes customary events of default and is collateralized by all of the property of EyeLock LLC. We determined that we hold a variable interest in EyeLock LLC as a result of: • our majority voting interest and ownership of substantially all of the assets and certain liabilities of the entity; and • the loan agreement with EyeLock LLC, which has a total outstanding balance of $67,053 as of November 30, 2021. We concluded that we became the primary beneficiary of EyeLock LLC on September 1, 2015 in conjunction with the acquisition. This was the first date on which we had the power to direct the activities that most significantly impact the economic performance of the entity because we acquired a majority interest in substantially all of the assets and certain liabilities of EyeLock, Inc. and EyeLock Corporation on this date, as well as obtained a majority voting interest as a result of this transaction. Although we are considered to have control over EyeLock LLC under ASC 810, due to our majority ownership interest, the assets of EyeLock LLC can only be used to satisfy the obligations of EyeLock LLC. As a result of our majority ownership interest in the entity and our primary beneficiary conclusion, we consolidated EyeLock LLC within our consolidated financial statements beginning on September 1, 2015. On April 29, 2021, EyeLock LLC entered into a three-year two-year two-year Assets and Liabilities of EyeLock LLC The following table sets forth the carrying values of assets and liabilities of EyeLock LLC that were included on our Consolidated Balance Sheets as of November 30, 2021 and February 28, 2021: November 30, 2021 February 28, 2021 Assets (unaudited) Current assets: Cash and cash equivalents $ — $ — Accounts receivable, net 235 167 Inventory, net 2,027 2,245 Prepaid expenses and other current assets 1,271 30 Total current assets 3,533 2,442 Property, plant and equipment, net 40 39 Intangible assets, net 2,125 2,329 Other assets 59 60 Total assets $ 5,757 $ 4,870 Liabilities and Partners' Deficit Current liabilities: Accounts payable $ 1,400 $ 1,396 Interest payable to VOXX 12,680 11,453 Accrued expenses and other current liabilities 430 824 Due to VOXX 67,053 61,072 Total current liabilities 81,563 74,745 Other long-term liabilities 2,459 1,200 Total liabilities 84,022 75,945 Commitments and contingencies Partners' deficit: Capital 41,416 41,416 Retained losses (119,681 ) (112,491 ) Total partners' deficit (78,265 ) (71,075 ) Total liabilities and partners' deficit $ 5,757 $ 4,870 Revenues and Expenses of EyeLock LLC The following table sets forth the revenues and expenses of EyeLock LLC that were included in our Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income for the three and nine months ended November 30, 2021 and 2020: For the three months ended November 30, For the nine months ended November 30, 2021 2020 2021 2020 Net sales $ 355 $ 343 $ 813 $ 703 Cost of sales 240 293 580 674 Gross profit 115 50 233 29 Operating expenses: Selling 167 132 493 434 General and administrative 261 446 1,037 1,303 Engineering and technical support 1,526 1,178 4,654 3,427 Total operating expenses 1,954 1,756 6,184 5,164 Operating loss (1,839 ) (1,706 ) (5,951 ) (5,135 ) Other expense: Interest and bank charges (423 ) (372 ) (1,239 ) (1,094 ) Other, net — — — — Total other expense, net (423 ) (372 ) (1,239 ) (1,094 ) Loss before income taxes (2,262 ) (2,078 ) (7,190 ) (6,229 ) Income tax expense — — — — Net loss $ (2,262 ) $ (2,078 ) $ (7,190 ) $ (6,229 )

Segment Reporting

Segment Reporting	9 Months Ended
	Nov. 30, 2021
Segment Reporting [Abstract]
Segment Reporting	(2 2 ) Segment Reporting The Company operates in three distinct segments based on our products and our internal organizational structure. The three operating segments, which are also the Company’s reportable segments, are Automotive Electronics, Consumer Electronics, and Biometrics. Our Automotive Electronics segment designs, manufactures, markets and distributes rear-seat entertainment devices, remote start systems, automotive security, vehicle access systems, mobile interface modules, mobile multimedia devices, aftermarket/OE-styled radios, car link-smartphone telematics applications, driver distraction products, collision avoidance systems, location-based services, turn signal switches, automotive lighting products, automotive sensing and camera systems, USB ports, cruise control systems, heated seats, and satellite radio products. Our Consumer Electronics segment designs, manufactures, markets and distributes Our Biometrics segment designs, manufactures, markets, and distributes iris identification and biometric security related products. The accounting principles applied at the consolidated financial statement level are generally the same as those applied at the operating segment level and there are no material intersegment sales. The segments are allocated interest expense, based upon a pre-determined formula, which utilizes a percentage of each operating segment's intercompany balance, which is offset in Corporate/Eliminations. Segment data for each of the Company's segments is presented below: Automotive Electronics Consumer Electronics Biometrics Corporate/ Eliminations Total Three Months Ended November 30, 2021 Net sales $ 61,589 $ 129,733 $ 355 $ 194 $ 191,871 Equity in income of equity investees 2,206 — — — 2,206 Interest expense and bank charges 417 2,076 423 (2,186 ) 730 Depreciation and amortization expense 749 1,647 73 937 3,406 Income (loss) before income taxes (a) 4,818 9,998 (2,263 ) (42,866 ) (30,313 ) Three Months Ended November 30, 2020 Net sales $ 61,488 $ 139,039 $ 343 $ 195 $ 201,065 Equity in income of equity investees 1,761 — — — 1,761 Interest expense and bank charges 537 2,290 372 (2,728 ) 471 Depreciation and amortization expense 876 1,002 75 981 2,934 Income (loss) before income taxes 6,601 20,351 (2,078 ) (5,100 ) 19,774 Nine Months Ended November 30, 2021 Net sales $ 150,007 $ 320,805 $ 813 $ 415 $ 472,040 Equity in income of equity investees 6,964 — — — 6,964 Interest expense and bank charges 1,099 5,962 1,239 (6,460 ) 1,840 Depreciation and amortization expense 2,287 3,651 224 2,816 8,978 Income (loss) before income taxes (a) 8,974 17,905 (7,191 ) (48,629 ) (28,941 ) Nine Months Ended November 30, 2020 Net sales $ 111,397 $ 288,545 $ 703 $ 439 $ 401,084 Equity in income of equity investees 4,506 — — — 4,506 Interest expense and bank charges 1,058 6,530 1,094 (6,402 ) 2,280 Depreciation and amortization expense 2,050 2,921 247 3,006 8,224 Income (loss) before income taxes 3,730 33,087 (6,229 ) (8,974 ) 21,614 (a) Included within Corporate/Eliminations for the three and nine months ended November 30, 2021 is a charge of $39,444 recorded for an interim arbitration award unfavorable to the Company (see Note 24).

Revenue from Contracts with Cus

Revenue from Contracts with Customers	9 Months Ended
	Nov. 30, 2021
Revenue From Contract With Customer [Abstract]
Revenue from Contracts with Customers	(2 3 ) Revenue from Contracts with Customers The Company recognizes revenue in accordance with ASC Topic 606, “Revenue from Contracts with Customers” (“ASC 606”). The core principle of ASC 606 is that an entity recognizes revenue to depict the transfer of promised goods and services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. We apply the FASB’s guidance on revenue recognition, which requires us to recognize the amount of revenue and consideration that we expect to receive in exchange for goods and services transferred to our customers. To do this, the Company applies the five-step model prescribed by the FASB, which requires us to: (i) identify the contract with the customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when, or as, we satisfy a performance obligation. Within our Automotive Electronics segment, while the majority of the contracts we enter into with Original Equipment Manufacturers (“OEMs”) are long-term supply arrangements, the performance obligations are established by the enforceable contract, which is generally considered to be the purchase order. The purchase orders are of durations less than one year. As such, the Company applies the practical expedient in ASC paragraph 606-10-50-14 and does not disclose information about remaining performance obligations that have original expected durations of one year or less for which work has not yet been performed. Performance Obligations The Company’s primary source of revenue is derived from the manufacture and distribution of consumer electronic, automotive electronic, and biometric products. Our consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio products and other consumer electronic products. Our automotive electronic products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Our biometric products, primarily consisting of finished goods, are sold to retail and commercial customers. Under ASC 606, we are required to present a refund liability and a return asset within the Consolidated Balance Sheets. The changes in the refund liability are reported in Net sales, and the changes in the return asset are reported in Cost of sales in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. As of November 30, 2021 and February 28, 2021, the balance of the return asset was $2,554 and $2,404, respectively, and the balance of the refund liability was $5,277 and $5,145, respectively, and are presented within Prepaid expenses and other current assets and Accrued expenses and other current liabilities, respectively, on the Consolidated Balance Sheets. We warrant our products against certain defects in material and workmanship when used as designed, which primarily range from 30 days to 3 years. We offer limited lifetime warranties on certain products, which limit the customer’s remedy to the repair or replacement of the defective product or part for the designated lifetime of the product, or for the life of the vehicle for the original owner, if it is an automotive product. We do not sell extended warranties. Contract Balances Contract assets primarily relate to the Company’s rights to consideration for work completed but not billed at the reporting date on contracts with customers. Contract assets are transferred to receivables when the rights become unconditional. Contract liabilities primarily relate to contracts where advance payments or deposits have been received, but performance obligations have not yet been met, and therefore, revenue has not been recognized. The Company had current and non-current contract liability balances totaling $4,658 at November 30, 2021 related to telematic subscription services of the Company’s DEI subsidiary established in connection with the Company’s acquisition of DEI in July 2020 (see Note 2). The following table provides a reconciliation of the Company’s contract liabilities as of November 30, 2021: Balance at February 28, 2021 $ 5,265 Subscription payments received 5,053 Revenue recognized (5,660 ) Balance at November 30, 2021 $ 4,658 The Company had no contract asset balances at November 30, 2021 or February 28, 2021. Disaggregation of Revenue The Company operates in three reportable segments: Automotive Electronics, Consumer Electronics, and Biometrics. ASC 606 requires further disaggregation of an entity’s revenue. In the following table, the Company's net sales are disaggregated by segment and product type for the three and nine months ended November 30, 2021 and 2020: Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Automotive Electronics Segment OEM Products $ 18,536 $ 14,089 $ 49,853 $ 32,462 Aftermarket Products 43,053 47,399 100,154 78,935 Total Automotive Segment 61,589 61,488 150,007 111,397 Consumer Electronics Segment Premium Audio Products 104,877 112,681 252,610 216,501 Other Consumer Electronic Products 24,856 26,358 68,195 72,044 Total Consumer Electronics Segment 129,733 139,039 320,805 288,545 Biometrics Segment Biometric Products 355 343 813 703 Total Biometrics Segment 355 343 813 703 Corporate/Eliminations 194 195 415 439 Total Net Sales $ 191,871 $ 201,065 $ 472,040 $ 401,084

Contingencies

Contingencies	9 Months Ended
	Nov. 30, 2021
Commitments And Contingencies Disclosure [Abstract]
Contingencies	(2 4 ) Contingencies The Company is currently, and has in the past, been a party to various routine legal proceedings incident to the ordinary course of business. If management determines, based on the underlying facts and circumstances of each matter, that it is probable a loss will result from a litigation contingency and the amount of the loss can be reasonably estimated, the estimated loss is accrued for. The products the Company sells are continually changing as a result of improved technology. As a result, although the Company and its suppliers attempt to avoid infringing known proprietary rights, the Company may be subject to legal proceedings and claims for alleged infringement by patent, trademark, or other intellectual property owners. Any claims relating to the infringement of third-party proprietary rights, even if not meritorious, could result in costly litigation, divert management’s attention and resources, or require the Company to either enter into royalty or license agreements that are not advantageous to the Company, or pay material amounts of damages In March 2007, the Company entered into a contract with Seaguard Electronics, LLC (“Seaguard”) relating to the Company’s purchase from Seaguard of a stolen vehicle recovery product and back-end services. In August 2018, Seaguard filed a demand for arbitration against the Company with the American Arbitration Association (“AAA”) alleging claims for breach of contract and patent infringement. Seaguard originally sought damages of approximately $10,000 and on the seventh day of an eight-day fact witness portion of the arbitration in June 2021, amended its damages demand to $40,000, which was effected by the service of Claimant’s notice dated July 14, 2021. On November 29, 2021, the Arbitrator issued an interim award (the “Interim Award”) with Seaguard prevailing on its breach of contract claim. The Company’s affirmative defenses relating to those claims, however, were denied in their entirety. Seaguard was awarded damages in the amount of $39,444 against the Company. Seaguard is seeking reimbursement of its attorneys’ fees and expenses. The Arbitrator has deferred scheduling, until late February 2022, the balance of the bifurcated arbitration which principally relates to patent infringement claims against the Company; however, the Company has an indemnification from its supplier with respect to the alleged infringing products. A schedule has not been established for the issuance of a final arbitration award. The Company is reviewing its legal options, and has moved in the arbitration proceeding to modify the interim award and if unsuccessful, the Company will seek to have a court vacate, modify, or correct the interim award. At November 30, 2021, the Company has recorded a charge of $39,444 within Other (expense) income in the accompanying Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. No accrual or reserve was included in the Company’s previously issued financial statements based on an assessment that an award of damages in the arbitration proceeding would not be material and that the amount as determined by the Arbitrator’s award was not probable. The Company made its accrual determination in accordance with reports and evaluations from its damages expert, as well as from the guidance and opinion letters received from the Company’s trial attorneys.

New Accounting Pronouncements

New Accounting Pronouncements	9 Months Ended
	Nov. 30, 2021
Accounting Changes And Error Corrections [Abstract]
New Accounting Pronouncements	(2 5 ) New Accounting Pronouncements In March 2020 and January 2021, the FASB issued ASU No. 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting” and ASU No. 2021-01, “Reference Rate Reform: Scope,” respectively. Together, these ASU’s provide optional expedients and exceptions for applying U.S. GAAP to contract modifications and hedging relationships that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform. ASU 2020-04 provides, among other things, guidance that modifications of contracts within the scope of Topic 470, Debt, should be accounted for by prospectively adjusting the effective interest rate; modifications of contracts within the scope of Topic 840, Leases, should be accounted for as a continuation of the existing contract; and, changes in the critical terms of hedging relationships caused by reference rate reform should not result in the de-designation of the instrument, provided certain criteria are met. ASU 2021-01 clarifies the scope and application of ASU 2020-04 and among other things, permits entities to elect certain optional expedients and exceptions when accounting for derivative contracts and certain hedging relationships affected by changes in the interest rates used for discounting cash flows. The Company’s exposure to LIBOR rates includes its Credit Facility, as well as its Florida Mortgage and related interest swap agreement. These optional expedients and exceptions are effective as of March 12, 2020 through December 31, 2022. Adoption is permitted at any time. The Company is currently evaluating the impact this update may have on its consolidated financial statements. In October 2021, the FASB issued ASU No. 2021-08, “Accounting for Contract Assets and Contract Liabilities from Contracts With Customers,” which amends the accounting for contract assets acquired and contract liabilities assumed from contracts with customers in business combinations (“acquired contract balances”). The update requires contract assets and contract liabilities from contracts with customers that are acquired in a business combination to be recognized and measured as if the acquirer had originated the original contract. Previously, acquired contract assets and liabilities were measured at fair value.

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Nov. 30, 2021
Directed LLC and Directed Electronics Canada Inc [Member]
Summary of Allocation of Purchase Price for Fair Value of Assets Acquired and Liabilities Assumed	The following summarizes the allocation of the purchase price based upon the fair value of the assets acquired and liabilities assumed at the date of acquisition: July 1, 2020 Measurement Period Adjustments July 1, 2020 (as adjusted) Assets acquired: Inventory $ 7,054 956 8,010 Accounts receivable 5,173 357 5,530 Other current assets 160 - 160 Property and equipment 2,815 - 2,815 Operating lease, right of use asset 1,771 - 1,771 Customer relationships 2,600 (100 ) 2,500 Trademarks 4,500 - 4,500 Patented technology 1,030 - 1,030 Goodwill 3,290 (1,690 ) 1,600 Total assets acquired $ 28,393 $ (477 ) $ 27,916 Liabilities assumed: Accounts payable 8,144 - 8,144 Accrued expenses 1,406 (136 ) 1,270 Contract liabilities 4,872 11 4,883 Warranty accrual 1,200 (352 ) 848 Operating lease liability 1,771 - 1,771 Total $ 17,393 $ (477 ) $ 16,916 Total purchase price $ 11,000 $ - $ 11,000
Onkyo Home Entertainment Corporation [Member]
Summary of Allocation of Purchase Price for Fair Value of Assets Acquired and Liabilities Assumed	The following summarizes the preliminary allocation of the purchase price based upon the fair value of the assets acquired at the date of acquisition: September 8, 2021 Purchase price: Cash paid $ 21,989 Assignment of notes and interest receivable 8,417 Fair value of contingent consideration 6,710 Total transaction consideration $ 37,116 Allocation: Intangible assets $ 26,929 Goodwill 10,187 Total assets acquired $ 37,116
Rollforward of the Redeemable Non-controlling Interest	The following table provides the rollforward of the redeemable non-controlling interest for the nine months ended November 30, 2021: Redeemable Non-controlling Interest Balance at February 28, 2021 $ - Initial investment by Sharp 2,069 Net loss attributable to non-controlling interest (714 ) Balance at November 30, 2021 $ 1,355

Net (Loss) Income Per Common _2

Net (Loss) Income Per Common Share (Tables)	9 Months Ended
	Nov. 30, 2021
Net Income Per Common Share [Abstract]
Reconciliation Between Denominator of Basic and Diluted Net (Loss) Income Per Common Share	There are no reconciling items which impact the numerator of basic and diluted net (loss) income per common share. A reconciliation between the denominator of basic and diluted net (loss) income per common share is as follows: Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Weighted-average common shares outstanding (basic) 24,289,909 24,197,786 24,279,084 24,196,393 Effect of dilutive securities: Restricted stock units, stock grants, and market stock units — 479,739 — 335,936 Weighted-average common shares and potential common shares outstanding (diluted) 24,289,909 24,677,525 24,279,084 24,532,329

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Nov. 30, 2021
Investment Securities [Abstract]
Unrealized Gain (Loss) on Investments	As of November 30, 2021, and February 28, 2021, the Company had the following investments: November 30, 2021 Fair Value Investment Securities Marketable Equity Securities Mutual funds $ 1,440 Total Marketable Equity Securities 1,440 Total Investment Securities $ 1,440 February 28, 2021 Fair Value Investment Securities Marketable Equity Securities Mutual funds $ 1,777 Total Marketable Securities 1,777 Total Investment Securities $ 1,777

Fair Value Measurements and D_2

Fair Value Measurements and Derivatives (Tables)	9 Months Ended
	Nov. 30, 2021
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured on Recurring Basis	The following table presents financial assets and liabilities measured at fair value on a recurring basis at November 30, 2021: Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Level 3 Assets: Cash and money market funds $ 21,162 $ 21,162 $ — $ — Mutual funds 1,440 1,440 - - Liabilities: Derivatives designated for hedging $ 200 $ — $ 200 $ — Contingent consideration 6,403 - - 6,403 The following table presents financial assets and liabilities measured at fair value on a recurring basis at February 28, 2021: Fair Value Measurements at Reporting Date Using Total Level 1 Level 2 Level 3 Assets Cash and money market funds $ 59,404 $ 59,404 $ — $ — Mutual funds 1,777 1,777 - - Liabilities: Derivatives designated for hedging $ 765 $ — $ 765 $ —
Fair Value, by Balance Sheet Grouping	The following table discloses the fair value as of November 30, 2021 and February 28, 2021 of the Company’s derivative instruments: Derivative Assets and Liabilities Fair Value Account November 30, 2021 February 28, 2021 Designated derivative instruments Foreign currency contracts Prepaid expenses and other current assets $ 561 $ 412 Accrued expenses and other current liabilities (456 ) (731 ) Interest rate swap agreement Other long-term liabilities (305 ) (446 ) Total derivatives $ (200 ) $ (765 )
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	Activity related to cash flow hedges recorded during the three and nine months ended November 30, 2021 and 2020 was as follows: Three months ended Nine months ended November 30, 2021 November 30, 2021 Pretax Gain Recognized in Other Comprehensive Income Pretax Loss Reclassified from Accumulated Other Comprehensive Income Pretax Gain Recognized in Other Comprehensive Income Pretax Loss Reclassified from Accumulated Other Comprehensive Income Cash flow hedges Foreign currency contracts $ 89 $ (30 ) $ 233 $ (235 ) Interest rate swaps 104 — 141 — Three months ended Nine months ended November 30, 2020 November 30, 2020 Pretax (Loss) Gain Recognized in Other Comprehensive Income Pretax Loss Reclassified from Accumulated Other Comprehensive Income Pretax Loss Recognized in Other Comprehensive Income Pretax Loss Reclassified from Accumulated Other Comprehensive Income Cash flow hedges Foreign currency contracts $ (242 ) $ (121 ) $ (707 ) $ (69 ) Interest rate swaps 39 — (76 ) —

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Nov. 30, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The Company’s accumulated other comprehensive loss consists of the following: Foreign Currency Translation Losses Pension plan adjustments, net of tax Derivatives designated in a hedging relationship, net of tax Total Balance at February 28, 2021 $ (13,374 ) $ (869 ) $ (734 ) $ (14,977 ) Other comprehensive (loss) income before reclassifications (2,797 ) 59 306 (2,432 ) Reclassified from accumulated other comprehensive loss — — 160 160 Net current-period other comprehensive income (2,797 ) 59 466 (2,272 ) Balance at November 30, 2021 $ (16,171 ) $ (810 ) $ (268 ) $ (17,249 )

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Nov. 30, 2021
Supplemental Cash Flow Information [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	The following is supplemental information relating to the Unaudited Consolidated Statements of Cash Flows: Nine months ended November 30, 2021 2020 Non-cash investing and financing activities: Change in redeemable equity $ 188 $ 478 Change in goodwill due to measurement period adjustments, net (1,353 ) 638 Settlement of debt with receivables - 607 Additional goodwill from the recognition of the fair value of non-controlling interest in connection with business acquisition 8,463 - Contingent purchase price consideration in connection with business acquisition 6,710 - Right of use assets obtained in exchange for operating lease obligations 419 735 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 1,018 $ 836 Operating cash flows from finance leases 9 23 Finance cash flows from finance leases 323 470 Cash paid during the period: Interest (excluding bank charges) $ 492 $ 831 Income taxes (net of refunds) 625 1,139

Accounting for Stock-Based Co_2

Accounting for Stock-Based Compensation (Tables)	9 Months Ended
	Nov. 30, 2021
Share Based Compensation [Abstract]
Summary of Activity Related to Initial Stock Grant Additional Stock Grants under Employment Agreement and RSU Grants under 2014 Plan	The following table presents a summary of the activity related to the initial stock grant, additional stock grants under the Employment Agreement, and RSU grants under the 2014 Plan for the nine months ended November 30, 2021: Number of Shares Weighted Average Grant Date Fair Value Unvested award balance at February 28, 2021 603,724 $ 5.18 Granted 48,527 13.59 Vested (136,008 ) 5.50 Vested and settled (100,000 ) 4.15 Unvested award balance at November 30, 2021 416,243 $ 6.30

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Nov. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The change in goodwill by segment is as follows: Automotive Electronics: Amount Beginning balance at March 1, 2021 $ 11,778 Activity during the period (1,353 ) Balance at November 30, 2021 $ 10,425 Gross carrying value at November 30, 2021 $ 10,425 Accumulated impairment charge — Net carrying value at November 30, 2021 $ 10,425 Consumer Electronics: Beginning balance at March 1, 2021 $ 46,533 Goodwill acquired during the period 10,187 Foreign currency adjustments (232 ) Balance at November 30, 2021 $ 56,488 Gross carrying value at November 30, 2021 $ 88,651 Accumulated impairment charge (32,163 ) Net carrying value at November 30, 2021 $ 56,488 Total Goodwill, net $ 66,913 The Company's Biometrics segment did not carry a goodwill balance at November 30, 2021 or February 28, 2021.
Schedule of Intangible Assets, Excluding Goodwill	At November 30, 2021, intangible assets consisted of the following: Gross Carrying Value Accumulated Amortization Total Net Book Value Finite-lived intangible assets: Customer relationships $ 54,227 $ 38,828 $ 15,399 Trademarks/Tradenames 24,504 1,674 22,830 Developed technology 21,498 12,902 8,596 Patents 6,736 5,329 1,407 License 1,400 1,400 — Contracts 1,556 1,556 — Total finite-lived intangible assets $ 109,921 $ 61,689 48,232 Indefinite-lived intangible assets Trademarks 63,061 Total intangible assets, net $ 111,293 At February 28, 2021, intangible assets consisted of the following: Gross Carrying Value Accumulated Amortization Total Net Book Value Finite-lived intangible assets: Customer relationships $ 54,688 $ 36,412 $ 18,276 Trademarks/Tradenames 5,545 811 4,734 Developed technology 14,144 12,516 1,628 Patents 6,736 4,629 2,107 License 1,400 1,400 — Contracts 1,556 1,556 — Total finite-lived intangible assets $ 84,069 $ 57,324 26,745 Indefinite-lived intangible assets Trademarks 63,359 Total intangible assets, net $ 90,104
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated aggregate amortization expense for all amortizable intangibles for November 30 of each of the succeeding years is as follows: Year Amount 2022 $ 7,549 2023 6,956 2024 6,738 2025 6,614 2026 4,767

Equity Investment (Tables)

Equity Investment (Tables)	9 Months Ended
	Nov. 30, 2021
Equity Method Investment Summarized Financial Information [Abstract]
Equity Method Investment, Summarized Financial Information	The following presents summary financial information for ASA. Such summary financial information has been provided herein based upon the individual significance of ASA to the consolidated financial information of the Company. November 30, 2021 February 28, 2021 Current assets $ 50,885 $ 49,956 Non-current assets 4,932 4,757 Liabilities 10,561 8,179 Members' equity 45,256 46,534 Nine months ended November 30, 2021 2020 Net sales $ 91,153 $ 67,940 Gross profit 22,976 16,749 Operating income 13,867 8,761 Net income 13,928 9,012

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Nov. 30, 2021
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Inventories by major category are as follows: November 30, 2021 February 28, 2021 Raw materials $ 23,683 $ 21,228 Work in process 1,264 1,732 Finished goods 141,414 107,833 Inventory $ 166,361 $ 130,793

Product Warranties and Produc_2

Product Warranties and Product Repair Costs (Tables)	9 Months Ended
	Nov. 30, 2021
Payables And Accruals Warranties [Abstract]
Schedule of Product Warranty Liability	The following table provides a summary of the activity with respect to product warranties and product repair costs. The liability for product warranties is included within Accrued expenses and other current liabilities and the reserve for product repair costs is recorded as a reduction of Inventory on the Consolidated Balance Sheets. Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Opening balance $ 4,495 $ 5,520 $ 5,290 $ 4,748 Liabilities for warranties accrued during the period 1,978 864 3,215 2,339 Liabilities (adjusted) acquired during acquisition — — (352 ) 1,200 Warranty claims settled during the period (1,016 ) (884 ) (2,696 ) (2,787 ) Ending balance $ 5,457 $ 5,500 $ 5,457 $ 5,500

Financing Arrangements (Tables)

Financing Arrangements (Tables)	9 Months Ended
	Nov. 30, 2021
Debt Disclosure [Abstract]
Schedule of Debt	The Company has the following financing arrangements: November 30, 2021 February 28, 2021 Debt Domestic credit facility (a) $ — $ — Florida mortgage (b) 6,739 7,114 Euro asset-based lending obligation - VOXX Germany (c) 1,591 — Shareholder loan payable to Sharp (d) 4,795 — Total debt 13,125 7,114 Less: current portion of long-term debt 2,091 500 Long-term debt 11,034 6,614 Less: debt issuance costs 1,109 652 Total long-term debt, net of debt issuance costs $ 9,925 $ 5,962 (a) Domestic Credit Facility The Company has a senior secured credit facility (the "Credit Facility"), which was amended on April 19, 2021 to provide for a revolving credit facility with committed availability of up to $140,000. The Credit Facility also includes a $30,000 sublimit for letters of credit and a $15,000 sublimit for swingline loans. The availability under the revolving credit line within the Credit Facility is subject to a borrowing base, which is based on eligible accounts receivable, eligible inventory and certain real estate, subject to reserves as determined by the lender, and is also limited by amounts outstanding under the Florida Mortgage (see Note 16(b)). The availability under the revolving credit line of the Credit Facility was $128,517 as of November 30, 2021. All amounts outstanding under the Credit Facility will mature and become due on April 19, 2026; however, it is subject to acceleration upon the occurrence of an Event of Default as defined in the Second Amended and Restated Credit Agreement (“the Agreement”). The Company may prepay any amounts outstanding at any time, subject to payment of certain breakage and redeployment costs relating to LIBOR Rate Loans. The commitments under the Credit Facility may be irrevocably reduced at any time, without premium or penalty as set forth in the Agreement. Generally, the Company may designate specific borrowings under the Credit Facility as either Base Rate Loans or LIBOR Rate Loans, except that swingline loans may only be designated as Base Rate Loans. Loans designated as LIBOR Rate Loans bear interest at a rate equal to the then applicable LIBOR rate plus a range of 1.75 – 2.25% (2.00% at November 30, 2021). Loans designated as Base Rate loans bear interest at a rate equal to the applicable margin for Base Rate Loans plus a range of 0.75 - 1.25% as defined in the Agreement and shall not be lower than 1.75% (4.00% at November 30, 2021). The amendment to the Credit Facility in April 2021 provided for a Benchmark Replacement that will replace the LIBOR rate for all revolver usage. The Benchmark Replacement is subject to the occurrence of a Benchmark Transition Event, as defined in the Second Amended and Restated Credit Agreement and becomes effective after a five-day transition period following the event. Provided that the Company is in a Compliance Period (the period commencing on that day in which Excess Availability is less than 15% of the Maximum Revolver Amount and ending on a day in which Excess Availability is equal to or greater than 15% for any consecutive 30-day period thereafter), the Credit Facility requires compliance with a financial covenant calculated as of the last day of each month, consisting of a Fixed Charge Coverage Ratio. The Credit Facility also contains covenants, subject to defined carveouts, that limit the ability of the loan parties and certain of their subsidiaries which are not loan parties to, among other things: (i) incur additional indebtedness; (ii) incur liens; (iii) merge, consolidate or dispose of a substantial portion of their business; (iv) transfer or dispose of assets; (v) change their name, organizational identification number, state or province of organization or organizational identity; (vi) make any material change in their nature of business; (vii) prepay or otherwise acquire indebtedness; (viii) cause any change of control; (ix) make any restricted junior payment; (x) change their fiscal year or method of accounting; (xi) make advances, loans or investments; (xii) enter into or permit any transaction with an affiliate of any borrower or any of their subsidiaries; (xiii) use proceeds for certain items; (xiv) issue or sell any of their stock; or (xv) consign or sell any of their inventory on certain terms. In addition, if excess availability under the Credit Facility were to fall below certain specified levels, as defined in the Agreement, the lenders would have the right to assume dominion and control over the Company's cash. As of November 30, 2021, the Company was not in a Compliance Period. The obligations under the Credit Facility documents are secured by a general lien on, and security interest in, substantially all of the assets of the borrowers and certain of the guarantors, including accounts receivable, equipment, real estate, general intangibles, and inventory. The Company has guaranteed the obligations of the borrowers under the Agreement. Charges incurred on the unused portion of the Credit Facility during the three and nine months ended November 30, 2021 totaled $208 and $531, respectively, compared to $130 and $371 during the three and nine months ended November 30, 2020, respectively. These charges are included within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. The Company has deferred financing costs related to the Credit Facility and previous amendments and modifications of the Credit Facility. In conjunction with the amendment to its Credit Facility on April 19, 2021, the Company incurred additional financing fees of $667 that will be amortized over the remaining term of the facility. The Company accounted for the April 2021 amendment to the Credit Facility as a modification of debt. Deferred financing costs are included in Long-term debt on the accompanying Consolidated Balance Sheets as a contra-liability balance and are amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the term of the Credit Facility, which expires on April 19, 2026. During the three and nine months ended November 30, 2021, the Company amortized $55 and $185 of these costs, respectively, as compared to $106 and $432 during the three and nine months ended November 30, 2020, respectively. The net unamortized balance of these deferred financing costs as of November 30, 2021 was $977. (b) Florida Mortgage On July 6, 2015, VOXX HQ LLC, the Company’s wholly owned subsidiary, closed on a $9,995 industrial development revenue tax exempt bond under a loan agreement in favor of the Orange County Industrial Development Authority (the “Authority”) to finance the construction of the Company's manufacturing facility and executive offices in Lake Nona, Florida. Wells Fargo Bank, N.A. ("Wells Fargo") was the purchaser of the bond and U.S. Bank National Association is the trustee under an Indenture of Trust with the Authority. Voxx borrowed the proceeds of the bond purchase from the Authority during construction as a revolving loan, which converted to a permanent mortgage upon completion of the facility in January 2016 (the "Florida Mortgage"). The Company makes principal and interest payments to Wells Fargo, which began March 1, 2016 and will continue through March of 2026. The Florida Mortgage bears interest at 70% of 1-month LIBOR plus 1.54% (1.63% at November 30, 2021) and is secured by a first mortgage on the property, a collateral assignment of leases and rents and a guaranty by the Company. The financial covenants of the Florida Mortgage are as defined in the Company’s Credit Facility with Wells Fargo dated April 26, 2016. The Company incurred debt financing costs totaling approximately $332 as a result of obtaining the Florida Mortgage, which are recorded as deferred financing costs and included in Long-term debt as a contra-liability balance on the accompanying Consolidated Balance Sheets and are being amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the ten-year On July 20, 2015, the Company entered into an interest rate swap agreement in order to hedge interest rate exposure related to the Florida Mortgage and pays a fixed rate of 3.48% under the swap agreement (See Note 5). (c) Euro Asset-Based Lending Obligation – VOXX Germany Foreign bank obligations include a Euro Asset-Based Lending ("ABL") credit facility, which has a credit limit of €8,000 for the Company's subsidiary, VOXX Germany, which expires on July 31, 2023. The rate of interest for the ABL is the three-month Euribor plus 2.30% (2.30% at November 30, 2021). (d) Shareholder Loan Payable to Sharp In conjunction with the capitalization and funding of the Company’s Onkyo joint venture with its partner Sharp, which was created in order to execute the acquisition of the home audio/video business of OHEC on September 8, 2021 (see Note 2), Onkyo entered into a loan agreement with the shareholders of the joint venture, PAC and Sharp. The loan balance outstanding at November 30, 2021 represents the portion of the loan payable to Sharp. The loan balance due to PAC eliminates in consolidation. All amounts outstanding under the loan will mature and become payable ten years from the execution date of the acquisition, which is September 8, 2031. The loan may be prepaid subject the approval of the board of directors of the joint venture and must be repaid if either the put or call option is exercised in accordance with the joint venture agreement. The rate of interest for the shareholder loan is 2.5% and the loan is secured by a second priority lien on and secured interest in all assets of Onkyo.

Other Income (Expense) (Tables)

Other Income (Expense) (Tables)	9 Months Ended
	Nov. 30, 2021
Other Income And Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	Other income (expense) is comprised of the following: Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Foreign currency (loss) gain $ (382 ) $ 34 $ (268 ) $ (445 ) Interest income 55 6 67 77 Rental income 186 188 547 556 Miscellaneous (2 ) 66 329 565 Total other, net $ (143 ) $ 294 $ 675 $ 753

Lease Obligations (Tables)

Lease Obligations (Tables)	9 Months Ended
	Nov. 30, 2021
Leases [Abstract]
Schedule of Components of Lease Cost	The components of lease cost for the three and nine months ended November 30, 2021 and 2020 were as follows: Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Operating lease cost (a) (c) $ 324 $ 328 $ 1,007 $ 836 Finance lease cost: Amortization of right of use assets (a) 102 139 324 465 Interest on lease liabilities (b) 2 6 9 23 Total finance lease cost $ 104 $ 145 $ 333 $ 488 (a) Recorded within Selling, General and administrative, Engineering and technical support, and Cost of sales on the Unaudited Consolidated Statement of Operations and Comprehensive Income. (b) Recorded within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income. (c) Includes immaterial amounts related to variable rent expense.
Schedule of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases is as follows: November 30, 2021 February 28, 2021 Operating Leases Operating lease, right of use assets $ 4,010 $ 4,572 Total operating lease right of use assets $ 4,010 $ 4,572 Accrued expenses and other current liabilities $ 1,029 $ 1,119 Operating lease liabilities, less current portion 3,073 3,582 Total operating lease liabilities $ 4,102 $ 4,701 Finance Leases Property, plant, and equipment, gross $ 2,503 $ 2,503 Accumulated depreciation (2,129 ) (1,805 ) Total finance lease right of use assets $ 374 $ 698 Accrued expenses and other current liabilities $ 269 $ 418 Finance lease liabilities, less current portion 117 302 Total finance lease liabilities $ 386 $ 720 Weighted Average Remaining Lease Term Operating leases 6.0 years 6.0 years Finance leases 1.4 years 1.8 years Weighted Average Discount Rate Operating leases 4.18 % 4.49 % Finance leases 3.87 % 3.87 %
Schedule of Maturities of Leases Liabilities	Maturities of lease liabilities on November 30 of each of the succeeding years are as follows: Operating Leases Finance Leases 2021 $ 1,156 274 2022 844 118 2023 640 — 2024 462 — 2025 312 — Thereafter 1,150 — Total lease payments 4,564 392 Less imputed interest 462 6 Total $ 4,102 386

Capital Structure (Tables)

Capital Structure (Tables)	9 Months Ended
	Nov. 30, 2021
Equity [Abstract]
Schedule of Capital Units	The Company's capital structure is as follows: Shares Authorized Shares Outstanding Security Par Value November 30, 2021 February 28, 2021 November 30, 2021 February 28, 2021 Voting Rights per Share Liquidation Rights Preferred Stock $ 50.00 — 50,000 — — — $50 per share Series Preferred Stock $ 0.01 — 1,500,000 — — — — Class A Common Stock $ 0.01 60,000,000 60,000,000 21,614,629 21,666,976 1 Ratably with Class B Class B Common Stock $ 0.01 10,000,000 10,000,000 2,260,954 2,260,954 10 Ratably with Class A Treasury Stock at cost at cost 2,862,218 2,749,218 N/A N/A N/A

Variable Interest Entity (Table

Variable Interest Entity (Tables) - Variable Interest Entity, Primary Beneficiary [Member]	9 Months Ended
	Nov. 30, 2021
Variable Interest Entity [Line Items]
Summary of Carrying Values of Assets and Liabilities Included in Consolidated Balance Sheets	The following table sets forth the carrying values of assets and liabilities of EyeLock LLC that were included on our Consolidated Balance Sheets as of November 30, 2021 and February 28, 2021: November 30, 2021 February 28, 2021 Assets (unaudited) Current assets: Cash and cash equivalents $ — $ — Accounts receivable, net 235 167 Inventory, net 2,027 2,245 Prepaid expenses and other current assets 1,271 30 Total current assets 3,533 2,442 Property, plant and equipment, net 40 39 Intangible assets, net 2,125 2,329 Other assets 59 60 Total assets $ 5,757 $ 4,870 Liabilities and Partners' Deficit Current liabilities: Accounts payable $ 1,400 $ 1,396 Interest payable to VOXX 12,680 11,453 Accrued expenses and other current liabilities 430 824 Due to VOXX 67,053 61,072 Total current liabilities 81,563 74,745 Other long-term liabilities 2,459 1,200 Total liabilities 84,022 75,945 Commitments and contingencies Partners' deficit: Capital 41,416 41,416 Retained losses (119,681 ) (112,491 ) Total partners' deficit (78,265 ) (71,075 ) Total liabilities and partners' deficit $ 5,757 $ 4,870
Summary of Revenues and Expenses Included in Consolidated Statements of Operations and Comprehensive Income	The following table sets forth the revenues and expenses of EyeLock LLC that were included in our Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income for the three and nine months ended November 30, 2021 and 2020: For the three months ended November 30, For the nine months ended November 30, 2021 2020 2021 2020 Net sales $ 355 $ 343 $ 813 $ 703 Cost of sales 240 293 580 674 Gross profit 115 50 233 29 Operating expenses: Selling 167 132 493 434 General and administrative 261 446 1,037 1,303 Engineering and technical support 1,526 1,178 4,654 3,427 Total operating expenses 1,954 1,756 6,184 5,164 Operating loss (1,839 ) (1,706 ) (5,951 ) (5,135 ) Other expense: Interest and bank charges (423 ) (372 ) (1,239 ) (1,094 ) Other, net — — — — Total other expense, net (423 ) (372 ) (1,239 ) (1,094 ) Loss before income taxes (2,262 ) (2,078 ) (7,190 ) (6,229 ) Income tax expense — — — — Net loss $ (2,262 ) $ (2,078 ) $ (7,190 ) $ (6,229 )

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Nov. 30, 2021
Segment Reporting [Abstract]
Schedule of Segment Reporting Information by Segments	Segment data for each of the Company's segments is presented below: Automotive Electronics Consumer Electronics Biometrics Corporate/ Eliminations Total Three Months Ended November 30, 2021 Net sales $ 61,589 $ 129,733 $ 355 $ 194 $ 191,871 Equity in income of equity investees 2,206 — — — 2,206 Interest expense and bank charges 417 2,076 423 (2,186 ) 730 Depreciation and amortization expense 749 1,647 73 937 3,406 Income (loss) before income taxes (a) 4,818 9,998 (2,263 ) (42,866 ) (30,313 ) Three Months Ended November 30, 2020 Net sales $ 61,488 $ 139,039 $ 343 $ 195 $ 201,065 Equity in income of equity investees 1,761 — — — 1,761 Interest expense and bank charges 537 2,290 372 (2,728 ) 471 Depreciation and amortization expense 876 1,002 75 981 2,934 Income (loss) before income taxes 6,601 20,351 (2,078 ) (5,100 ) 19,774 Nine Months Ended November 30, 2021 Net sales $ 150,007 $ 320,805 $ 813 $ 415 $ 472,040 Equity in income of equity investees 6,964 — — — 6,964 Interest expense and bank charges 1,099 5,962 1,239 (6,460 ) 1,840 Depreciation and amortization expense 2,287 3,651 224 2,816 8,978 Income (loss) before income taxes (a) 8,974 17,905 (7,191 ) (48,629 ) (28,941 ) Nine Months Ended November 30, 2020 Net sales $ 111,397 $ 288,545 $ 703 $ 439 $ 401,084 Equity in income of equity investees 4,506 — — — 4,506 Interest expense and bank charges 1,058 6,530 1,094 (6,402 ) 2,280 Depreciation and amortization expense 2,050 2,921 247 3,006 8,224 Income (loss) before income taxes 3,730 33,087 (6,229 ) (8,974 ) 21,614 (a) Included within Corporate/Eliminations for the three and nine months ended November 30, 2021 is a charge of $39,444 recorded for an interim arbitration award unfavorable to the Company (see Note 24).

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	9 Months Ended
	Nov. 30, 2021
Revenue From Contract With Customer [Abstract]
Reconciliation of Contract Liabilities	The following table provides a reconciliation of the Company’s contract liabilities as of November 30, 2021: Balance at February 28, 2021 $ 5,265 Subscription payments received 5,053 Revenue recognized (5,660 ) Balance at November 30, 2021 $ 4,658
Disaggregation of Revenue	In the following table, the Company's net sales are disaggregated by segment and product type for the three and nine months ended November 30, 2021 and 2020: Three months ended November 30, Nine months ended November 30, 2021 2020 2021 2020 Automotive Electronics Segment OEM Products $ 18,536 $ 14,089 $ 49,853 $ 32,462 Aftermarket Products 43,053 47,399 100,154 78,935 Total Automotive Segment 61,589 61,488 150,007 111,397 Consumer Electronics Segment Premium Audio Products 104,877 112,681 252,610 216,501 Other Consumer Electronic Products 24,856 26,358 68,195 72,044 Total Consumer Electronics Segment 129,733 139,039 320,805 288,545 Biometrics Segment Biometric Products 355 343 813 703 Total Biometrics Segment 355 343 813 703 Corporate/Eliminations 194 195 415 439 Total Net Sales $ 191,871 $ 201,065 $ 472,040 $ 401,084

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Details)	9 Months Ended
	Nov. 30, 2021Segment
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Number of reportable segments	3

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) - USD ($) $ in Thousands	Sep. 08, 2021	Jul. 01, 2020	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020	May 26, 2021
Business Acquisition [Line Items]
Decrease in goodwill by cumulative net measurement period adjustment					$ (1,353)	$ 638
Directed LLC and Directed Electronics Canada Inc [Member]
Business Acquisition [Line Items]
Cash purchase price		$ 11,000
Decrease in goodwill by cumulative net measurement period adjustment		$ (1,690)			$ (1,690)
Directed LLC and Directed Electronics Canada Inc [Member] | VOXX DEI LLC and VOXX DEI Canada, Ltd. [Member]
Business Acquisition [Line Items]
Percentage of net sales from consolidated net sales			11.90%	11.80%	10.30%	7.10%
Onkyo Home Entertainment Corporation [Member]
Business Acquisition [Line Items]
Cash purchase price	$ 21,989
Percentage of net sales from consolidated net sales			1.00%		0.40%
Contingent consideration payable, percentage of total price of future products purchases	2.00%
Onkyo Home Entertainment Corporation [Member] | Premium Audio Company LLC [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of interests acquired							77.20%
Voting interest in joint venture							85.10%
Onkyo Home Entertainment Corporation [Member] | Sharp Corporation [Member]
Business Acquisition [Line Items]
Business acquisition, percentage of interests acquired							22.80%
Voting interest in joint venture							14.90%

Acquisitions - Summary of Alloc

Acquisitions - Summary of Allocation of Purchase Price for Fair Value of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jul. 01, 2020	Nov. 30, 2021	Nov. 30, 2020	Feb. 28, 2021
Business Acquisition [Line Items]
Goodwill, measurement period adjustments		$ (1,353)	$ 638
Goodwill		66,913		$ 58,311
Directed LLC and Directed Electronics Canada Inc [Member]
Business Acquisition [Line Items]
Inventory	$ 7,054
Accounts receivable	5,173
Other current assets	160
Property and equipment	2,815
Operating lease, right of use asset	1,771
Goodwill	3,290
Total assets acquired	28,393
Accounts payable	8,144
Accrued expenses	1,406
Contract liabilities	4,872
Warranty accrual	1,200
Operating lease liability	1,771
Total	17,393
Total purchase price	11,000
Inventory, measurement period adjustments	956
Accounts receivable, measurement period adjustments	357
Goodwill, measurement period adjustments	(1,690)	$ (1,690)
Total assets acquired, measurement period adjustments	(477)
Accrued expenses, right of use asset, measurement period adjustments	(136)
Contract liabilities, measurement period adjustments	11
Warranty accrual, measurement period adjustments	(352)
Liabilities assumed, measurement period adjustments	(477)
Inventory	8,010
Accounts receivable	5,530
Other current assets	160
Property and equipment	2,815
Operating lease, right of use asset	1,771
Goodwill	1,600
Total assets acquired	27,916
Accounts payable	8,144
Accrued expenses	1,270
Contract liabilities	4,883
Warranty accrual	848
Operating lease liability	1,771
Total	16,916
Total purchase price	11,000
Directed LLC and Directed Electronics Canada Inc [Member] | Trademarks [Member]
Business Acquisition [Line Items]
Intangible assets other than goodwill	4,500
Intangible assets other than goodwill	4,500
Directed LLC and Directed Electronics Canada Inc [Member] | Customer Relationships [Member]
Business Acquisition [Line Items]
Intangible assets other than goodwill	2,600
Intangible assets other than goodwill, measurement period adjustments	(100)
Intangible assets other than goodwill	2,500
Directed LLC and Directed Electronics Canada Inc [Member] | Patented Technology [Member]
Business Acquisition [Line Items]
Intangible assets other than goodwill	1,030
Intangible assets other than goodwill	$ 1,030

Acquisitions - Summary of Preli

Acquisitions - Summary of Preliminary Allocation of Purchase Price Based Upon Fair Value of Assets Acquired (Details) - USD ($) $ in Thousands	Sep. 08, 2021	Nov. 30, 2021	Feb. 28, 2021
Allocation:
Goodwill		$ 66,913	$ 58,311
Onkyo Home Entertainment Corporation [Member]
Purchase price:
Cash purchase price	$ 21,989
Assignment of notes and interest receivable	8,417
Fair value of contingent consideration	6,710
Total transaction consideration	37,116
Allocation:
Intangible assets	26,929
Goodwill	10,187
Total assets acquired	$ 37,116

Acquisitions - Rollforward of t

Acquisitions - Rollforward of the Redeemable Non-controlling Interest (Details) $ in Thousands	9 Months Ended
	Nov. 30, 2021USD ($)
Business Acquisition [Line Items]
Balance at February 28, 2021	$ 0
Balance at November 30, 2021	1,355
Onkyo Home Entertainment Corporation [Member]
Business Acquisition [Line Items]
Balance at February 28, 2021	0
Initial investment by Sharp	2,069
Net loss attributable to non-controlling interest	(714)
Balance at November 30, 2021	$ 1,355

Net (Loss) Income Per Common _3

Net (Loss) Income Per Common Share - Additional Information (Details)	3 Months Ended		9 Months Ended
	Nov. 30, 2021shares	Nov. 30, 2020shares	Nov. 30, 2021shares	Nov. 30, 2020shares
Net Income Per Common Share [Abstract]
Reconciling Items to basic and diluted EPS			0
Antidilutive securities excluded from computation of earnings per share, amount	650,325	0	695,589	17,009

Net (Loss) Income Per Common _4

Net (Loss) Income Per Common Share - Reconciliation Between Denominator of Basic and Diluted Net (Loss) Income Per Common Share (Details) - shares	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Net Income Per Common Share [Abstract]
Weighted-average common shares outstanding (basic)	24,289,909	24,197,786	24,279,084	24,196,393
Restricted stock units, stock grants, and market stock units	0	479,739	0	335,936
Weighted-average common shares and potential common shares outstanding (diluted)	24,289,909	24,677,525	24,279,084	24,532,329

Investment Securities - Unreali

Investment Securities - Unrealized Gain (Loss) on Investments (Details) - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Gain (Loss) on Securities [Line Items]
Marketable Equity Securities	$ 1,440	$ 1,777
Investments, Fair Value Disclosure	1,440	1,777
Mutual Funds [Member]
Gain (Loss) on Securities [Line Items]
Marketable Equity Securities	1,440	1,777
Investments, Fair Value Disclosure	$ 1,440	$ 1,777

Investment Securities - Additio

Investment Securities - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Nov. 30, 2020	Nov. 30, 2020	Nov. 30, 2019	Feb. 28, 2018
RxNetworks [Member]
Gain (Loss) on Securities [Line Items]
Cost-method investments, realized gain (loss)	$ 42	$ 42	$ 775	$ 1,416

Fair Value Measurements and D_3

Fair Value Measurements and Derivatives - Additional Information (Details)	9 Months Ended
	Nov. 30, 2021USD ($)	Feb. 28, 2021USD ($)	Jul. 20, 2015
Derivative Instruments Gain Loss [Line Items]
Derivative, Fixed Interest Rate			3.48%
Amount excluded from assessment of hedge effectiveness	$ 0
Foreign currency contracts terminated	0
Foreign Exchange Forward [Member]
Derivative Instruments Gain Loss [Line Items]
Current outstanding notional value	$ 2,700,000
Interest Rate Swap [Member]
Derivative Instruments Gain Loss [Line Items]
Current outstanding notional value	$ 6,739,000
Minimum [Member]
Derivative Instruments Gain Loss [Line Items]
Forward foreign currency contracts, range	1 month
Maximum [Member]
Derivative Instruments Gain Loss [Line Items]
Forward foreign currency contracts, range	3 months
Fair Value Measurements Recurring [Member] | Level 3 [Member]
Derivative Instruments Gain Loss [Line Items]
Asset measured at fair value		$ 0
Liabilities measured at fair value		$ 0

Fair Value Measurements and D_4

Fair Value Measurements and Derivatives - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Assets:
Cash and money market funds	$ 21,162	$ 59,404
Investments, Fair Value Disclosure	1,440	1,777
Liabilities:
Derivatives designated for hedging	200	765
Contingent consideration	6,403
Mutual Funds [Member]
Assets:
Investments, Fair Value Disclosure	1,440	1,777
Fair Value, Inputs, Level 1 [Member]
Assets:
Cash and money market funds	21,162	59,404
Liabilities:
Derivatives designated for hedging	0	0
Contingent consideration	0
Fair Value, Inputs, Level 1 [Member] | Mutual Funds [Member]
Assets:
Investments, Fair Value Disclosure	1,440	1,777
Fair Value, Inputs, Level 2 [Member]
Assets:
Cash and money market funds	0	0
Liabilities:
Derivatives designated for hedging	200	765
Contingent consideration	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds [Member]
Assets:
Investments, Fair Value Disclosure	0	0
Level 3 [Member]
Assets:
Cash and money market funds	0	0
Liabilities:
Derivatives designated for hedging	0	0
Contingent consideration	6,403
Level 3 [Member] | Mutual Funds [Member]
Assets:
Investments, Fair Value Disclosure	$ 0	$ 0

Fair Value Measurements and D_5

Fair Value Measurements and Derivatives - Fair Value, by Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Prepaid expenses and other current assets	$ 24,935	$ 22,266
Accrued expenses and other current liabilities	(64,782)	(53,392)
Derivative Assets and Liabilities	(200)	(765)
Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Prepaid expenses and other current assets	561	412
Accrued expenses and other current liabilities	(456)	(731)
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other long-term liabilities	$ (305)	$ (446)

Fair Value Measurements and D_6

Fair Value Measurements and Derivatives - Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) (Details) - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Foreign Exchange Forward [Member]
Derivative Instruments Gain Loss [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	$ 89	$ (242)	$ 233	$ (707)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(30)	(121)	(235)	(69)
Interest Rate Swap [Member]
Derivative Instruments Gain Loss [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	104	39	141	(76)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 0	$ 0	$ 0	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Nov. 30, 2021	Aug. 31, 2021	May 31, 2021	Nov. 30, 2020	Aug. 31, 2020	May 31, 2020	Nov. 30, 2021	Nov. 30, 2020
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period	$ 374,829	$ 377,772	$ 376,069	$ 348,484	$ 339,588	$ 348,229	$ 376,069	$ 348,229
Other comprehensive (loss) income before reclassifications							(2,432)
Reclassified from accumulated other comprehensive loss							160
Other comprehensive (loss) income, net of tax	(1,615)	(1,149)	492	30	2,666	313	(2,272)	3,009
Stockholders equity, end of period	344,329	374,829	377,772	366,530	348,484	339,588	344,329	366,530
Foreign Currency Translation Losses [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period			(13,374)				(13,374)
Other comprehensive (loss) income before reclassifications							(2,797)
Reclassified from accumulated other comprehensive loss							0
Other comprehensive (loss) income, net of tax							(2,797)
Stockholders equity, end of period	(16,171)						(16,171)
Pension Plan Adjustments, Net of Tax [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period			(869)				(869)
Other comprehensive (loss) income before reclassifications							59
Reclassified from accumulated other comprehensive loss							0
Other comprehensive (loss) income, net of tax							59
Stockholders equity, end of period	(810)						(810)
Derivatives Designated in a Hedging Relationship, Net of Tax [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period			(734)				(734)
Other comprehensive (loss) income before reclassifications							306
Reclassified from accumulated other comprehensive loss							160
Other comprehensive (loss) income, net of tax							466
Stockholders equity, end of period	(268)						(268)
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Stockholders equity, beginning of period	(15,634)	(14,485)	(14,977)	(16,076)	(18,742)	(19,055)	(14,977)	(19,055)
Other comprehensive (loss) income, net of tax	(1,615)	(1,149)	492	30	2,666	313
Stockholders equity, end of period	$ (17,249)	$ (15,634)	$ (14,485)	$ (16,046)	$ (16,076)	$ (18,742)	$ (17,249)	$ (16,046)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Nov. 30, 2021	Nov. 30, 2021
Accumulated Other Comprehensive Income Loss [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax	$ 37	$ 141
Other Comprehensive Income (Loss), Defined Benefit Plan, after Reclassification Adjustment, Tax	$ 0	0
Other comprehensive (loss) income before reclassifications		(2,432)
Foreign Currency Translation Losses [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive (loss) income before reclassifications		(2,797)
Foreign Currency Translation Losses [Member] | Intercompany Transactions Of Long Term Investment Nature [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive (loss) income before reclassifications		222
Foreign Currency Translation Losses [Member] | Translating Financial Statements [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive (loss) income before reclassifications		$ (3,019)

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information - Schedule of Cash Flow, Supplemental Disclosures (Details) - USD ($) $ in Thousands	9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020
Supplemental Cash Flow Information [Abstract]
Change in redeemable equity	$ 188	$ 478
Change in goodwill due to measurement period adjustments, net	(1,353)	638
Settlement of debt with receivables		607
Additional goodwill from the recognition of the fair value of non-controlling interest in connection with business acquisition	8,463
Contingent purchase price consideration in connection with business acquisition	6,710
Right of use assets obtained in exchange for operating lease obligations	419	735
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	1,018	836
Operating cash flows from finance leases	9	23
Finance cash flows from finance leases	323	470
Non-cash investing activities:
Interest (excluding bank charges)	492	831
Income taxes (net of refunds)	$ 625	$ 1,139

Accounting for Stock-Based Co_3

Accounting for Stock-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	Mar. 01, 2021	Mar. 01, 2020	Jan. 31, 2020	Jul. 08, 2019	Jul. 31, 2021	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020	Feb. 28, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock based compensation expense								$ 694	$ 1,454
Stock grants vested	100,000	100,000
Shares withheld for taxes	39,347
Patrick M. Lavelle [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Annual salary and cash bonus				$ 1,000
Stock based compensation expense						$ 60	$ 60	$ 182	$ 182
Grant of market stock units maximum amount				$ 5,000
Maximum average stock price of grant market stock units				$ 5.49
Maximum increase amount of market stock units award				$ 5,000
Maximum threshold share price increases in value of award				$ 15
Estimated Maximum threshold share increases in value of award				333,333
Patrick M. Lavelle [Member] | Common Class A [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value						$ 4.15	$ 4.15	$ 4.15	$ 4.15
Award vesting period				5 years
Grant of initial shares under employment agreement	60,653		100,000
Stock based compensation expense						$ 40	$ 102	$ 118	$ 308
Patrick M. Lavelle [Member] | Common Class A [Member] | March 1, 2021 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Additional grant of shares under employment agreement				100,000
Patrick M. Lavelle [Member] | Common Class A [Member] | March 1, 2020 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Additional grant of shares under employment agreement				100,000
Patrick M. Lavelle [Member] | Common Class A [Member] | March 1, 2022 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Additional grant of shares under employment agreement				100,000
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Allocated Share-based Compensation Expense						221	$ 768	694	$ 1,454
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized						$ 1,435		$ 1,435
2014 Plan [Member] | Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period										3 years
Share-based payment award vesting age of employee										65 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value								$ 13.59
Stock grants vested								136,008
Vested and unsettled awards, weighted average fair value								$ 5.50
2014 Plan [Member] | Restricted Stock Units [Member] | Employees [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted					48,527
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value					$ 13.59
2014 Plan [Member] | Restricted Stock Units [Member] | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based payment award vesting required service period										10 years
2014 Plan [Member] | Unsettled Stock Grants and RSU Awards [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock grants vested								414,326
Vested and unsettled awards, weighted average fair value								$ 6.98
2012 Equity Incentive Plan [Member] | Patrick M. Lavelle [Member] | Common Class A [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Grant of initial shares under employment agreement				200,000

Accounting for Stock-Based Co_4

Accounting for Stock-Based Compensation - Summary of Activity Related to Initial Stock Grant Additional Stock Grants under Employment Agreement and RSU Grants under 2014 Plan (Details) - $ / shares	Mar. 01, 2021	Mar. 01, 2020	Nov. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	(100,000)	(100,000)
2014 Plan [Member] | Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	603,724		603,724
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			48,527
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period			(136,008)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested and Settled in Period			(100,000)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number			416,243
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 5.18		$ 5.18
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value			13.59
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value			5.50
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested and Settled Period, Weighted Average Grant Date Fair Value			4.15
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value			$ 6.30

Supply Chain Financing - Additi

Supply Chain Financing - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Supply Chain Financing [Abstract]
Proceeds from Sale and Collection of Receivables	$ 20,681	$ 20,876	$ 62,136	$ 60,039

Research and Development - Addi

Research and Development - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Research And Development [Abstract]
Research and Development Expense	$ 3,986	$ 1,892	$ 9,931	$ 5,413

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Goodwill (Details) $ in Thousands	9 Months Ended
	Nov. 30, 2021USD ($)
Goodwill [Line Items]
Goodwill	$ 58,311
Goodwill	66,913
Automotive Electronics [Member]
Goodwill [Line Items]
Goodwill	11,778
Activity during the period	(1,353)
Goodwill	10,425
Goodwill, Gross	10,425
Goodwill, Impaired, Accumulated Impairment Loss	0
Consumer Electronics [Member]
Goodwill [Line Items]
Goodwill	46,533
Goodwill acquired during the period	10,187
Goodwill, Foreign currency adjustments	(232)
Goodwill	56,488
Goodwill, Gross	88,651
Goodwill, Impaired, Accumulated Impairment Loss	$ (32,163)

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020	Feb. 28, 2021
Goodwill and Intangible Assets [Line Items]
Goodwill	$ 66,913,000		$ 66,913,000		$ 58,311,000
Amortization of Intangible Assets	2,017,000	$ 1,477,000	4,803,000	$ 3,973,000
Biometrics [Member]
Goodwill and Intangible Assets [Line Items]
Goodwill	$ 0		$ 0		$ 0

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Intangible Assets, Excluding Goodwill (Details) - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 109,921	$ 84,069
Finite-Lived Intangible Assets, Accumulated Amortization	61,689	57,324
Finite-Lived Intangible Assets, Net	48,232	26,745
Intangible assets, net	111,293	90,104
Trademarks [Member]
Goodwill and Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)	63,061	63,359
Customer Relationships [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	54,227	54,688
Finite-Lived Intangible Assets, Accumulated Amortization	38,828	36,412
Finite-Lived Intangible Assets, Net	15,399	18,276
Trademarks and Tradenames [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	24,504	5,545
Finite-Lived Intangible Assets, Accumulated Amortization	1,674	811
Finite-Lived Intangible Assets, Net	22,830	4,734
Patented Technology [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	21,498	14,144
Finite-Lived Intangible Assets, Accumulated Amortization	12,902	12,516
Finite-Lived Intangible Assets, Net	8,596	1,628
Patents [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	6,736	6,736
Finite-Lived Intangible Assets, Accumulated Amortization	5,329	4,629
Finite-Lived Intangible Assets, Net	1,407	2,107
Licensing Agreements [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	1,400	1,400
Finite-Lived Intangible Assets, Accumulated Amortization	1,400	1,400
Finite-Lived Intangible Assets, Net	0	0
Contractual Rights [Member]
Goodwill and Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	1,556	1,556
Finite-Lived Intangible Assets, Accumulated Amortization	1,556	1,556
Finite-Lived Intangible Assets, Net	$ 0	$ 0

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Finite-Lived Intangible Assets, Future Amortization Expense (Details) $ in Thousands	Nov. 30, 2021USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
2022	$ 7,549
2023	6,956
2024	6,738
2025	6,614
2026	$ 4,767

Equity Investment - Additional

Equity Investment - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020	Feb. 28, 2021
Schedule of Equity Method Investments [Line Items]
Income (Loss) from Equity Method Investments	$ 2,206	$ 1,761	$ 6,964	$ 4,506
ASA Electronics, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	50.00%		50.00%		50.00%

Equity Investment - Equity Meth

Equity Investment - Equity Method Investment, Summarized Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020	Aug. 31, 2021	May 31, 2021	Feb. 28, 2021	Aug. 31, 2020	May 31, 2020	Feb. 29, 2020
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Summarized Financial Information, Current Assets	$ 345,098		$ 345,098				$ 319,339
Equity Method Investment, Summarized Financial Information, Current Liabilities	220,926		220,926				146,796
Equity Method Investment Summarized Financial Information, Equity	344,329	$ 366,530	344,329	$ 366,530	$ 374,829	$ 377,772	376,069	$ 348,484	$ 339,588	$ 348,229
Equity Method Investment, Summarized Financial Information, Gross Profit (Loss)	51,704	58,128	125,585	116,179
Equity Method Investment, Summarized Financial Information, Net Income (Loss)	(29,672)	$ 17,440	(28,567)	14,890
ASA Electronics, LLC [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Summarized Financial Information, Current Assets	50,885		50,885				49,956
Equity Method Investment, Summarized Financial Information, Noncurrent Assets	4,932		4,932				4,757
Equity Method Investment, Summarized Financial Information, Current Liabilities	10,561		10,561				8,179
Equity Method Investment Summarized Financial Information, Equity	$ 45,256		45,256				$ 46,534
Equity Method Investment, Summarized Financial Information, Revenue			91,153	67,940
Equity Method Investment, Summarized Financial Information, Gross Profit (Loss)			22,976	16,749
Equity Method Investment, Summarized Financial Information, Income (Loss) from Continuing Operations			13,867	8,761
Equity Method Investment, Summarized Financial Information, Net Income (Loss)			$ 13,928	$ 9,012

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Nov. 30, 2021		Nov. 30, 2020	Nov. 30, 2021		Nov. 30, 2020	Feb. 28, 2021
Income Tax Disclosure [Abstract]
Income tax provision (benefit)	$ (641)		$ 2,334	$ (374)		$ 6,724
Unrecognized tax benefits, period increase (decrease)	$ 175		$ 542	$ 31		$ 3,609
Effective income tax rate, continuing operations	2.10%		11.80%	(1.30%)		31.10%
Income (loss) from continuing operations before income taxes, noncontrolling interest	$ (30,313)	[1]	$ 19,774	$ (28,941)	[1]	$ 21,614
Effective income tax rate reconciliation, at federal statutory income tax rate, percent	21.00%		21.00%	21.00%		21.00%
Unrecognized tax benefits, period increase (decrease) excluding U.S. tax jurisdiction from estimated annual effective tax rate			$ 4,275
Unrecognized tax benefits, period increase (decrease) due to reversal of uncertain tax provision liabilities resulting from lapse of applicable statute of limitations			$ 697
Unrecognized tax benefit, interest expense				$ 31
Liability for uncertainty in income taxes, noncurrent	$ 1,002			$ 1,002			$ 1,170
[1]	Included within Corporate/Eliminations for the three and nine months ended November 30, 2021 is a charge of $39,444 recorded for an interim arbitration award unfavorable to the Company (see Note 24).

Inventory - Schedule of Invento

Inventory - Schedule of Inventory, Current (Details) - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Inventory Disclosure [Abstract]
Raw materials	$ 23,683	$ 21,228
Work in process	1,264	1,732
Finished goods	141,414	107,833
Inventory	$ 166,361	$ 130,793

Product Warranties and Produc_3

Product Warranties and Product Repair Costs - Schedule of Product Warranty Liability (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Payables And Accruals Warranties [Abstract]
Opening balance	$ 4,495	$ 5,520	$ 5,290	$ 4,748
Liabilities for warranties accrued during the period	1,978	864	3,215	2,339
Liabilities (adjusted) acquired during acquisition	0	0	(352)	1,200
Warranty claims settled during the period	(1,016)	(884)	(2,696)	(2,787)
Ending balance	$ 5,457	$ 5,500	$ 5,457	$ 5,500

Financing Arrangements - Schedu

Financing Arrangements - Schedule of Debt (Details) - USD ($) $ in Thousands		Nov. 30, 2021	Feb. 28, 2021
Debt, Long-term and Short-term, Combined Amount		$ 13,125	$ 7,114
Less: current portion of long-term debt		2,091	500
Long-term debt		11,034	6,614
Less: debt issuance costs		1,109	652
Total long-term debt, net of debt issuance costs		9,925	5,962
Mortgages [Member]
Debt, Long-term and Short-term, Combined Amount	[1]	6,739	$ 7,114
Less: debt issuance costs		132
Audiovox Germany [Member] | Foreign Line of Credit [Member]
Debt, Long-term and Short-term, Combined Amount	[2]	1,591
Sharp Corporation [Member] | Shareholder Loan Payable [Member]
Debt, Long-term and Short-term, Combined Amount	[3]	$ 4,795
[1]	On July 6, 2015, VOXX HQ LLC, the Company’s wholly owned subsidiary, closed on a $9,995 industrial development revenue tax exempt bond under a loan agreement in favor of the Orange County Industrial Development Authority (the “Authority”) to finance the construction of the Company's manufacturing facility and executive offices in Lake Nona, Florida. Wells Fargo Bank, N.A. ("Wells Fargo") was the purchaser of the bond and U.S. Bank National Association is the trustee under an Indenture of Trust with the Authority. Voxx borrowed the proceeds of the bond purchase from the Authority during construction as a revolving loan, which converted to a permanent mortgage upon completion of the facility in January 2016 (the "Florida Mortgage"). The Company makes principal and interest payments to Wells Fargo, which began March 1, 2016 and will continue through March of 2026. The Florida Mortgage bears interest at 70% of 1-month LIBOR plus 1.54% (1.63% at November 30, 2021) and is secured by a first mortgage on the property, a collateral assignment of leases and rents and a guaranty by the Company. The financial covenants of the Florida Mortgage are as defined in the Company’s Credit Facility with Wells Fargo dated April 26, 2016. The Company incurred debt financing costs totaling approximately $332 as a result of obtaining the Florida Mortgage, which are recorded as deferred financing costs and included in Long-term debt as a contra-liability balance on the accompanying Consolidated Balance Sheets and are being amortized through Interest and bank charges in the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income over the ten-year On July 20, 2015, the Company entered into an interest rate swap agreement in order to hedge interest rate exposure related to the Florida Mortgage and pays a fixed rate of 3.48% under the swap agreement (See Note 5).
[2]	Foreign bank obligations include a Euro Asset-Based Lending ("ABL") credit facility, which has a credit limit of €8,000 for the Company's subsidiary, VOXX Germany, which expires on July 31, 2023. The rate of interest for the ABL is the three-month Euribor plus 2.30% (2.30% at November 30, 2021).
[3]	In conjunction with the capitalization and funding of the Company’s Onkyo joint venture with its partner Sharp, which was created in order to execute the acquisition of the home audio/video business of OHEC on September 8, 2021 (see Note 2), Onkyo entered into a loan agreement with the shareholders of the joint venture, PAC and Sharp. The loan balance outstanding at November 30, 2021 represents the portion of the loan payable to Sharp. The loan balance due to PAC eliminates in consolidation. All amounts outstanding under the loan will mature and become payable ten years from the execution date of the acquisition, which is September 8, 2031. The loan may be prepaid subject the approval of the board of directors of the joint venture and must be repaid if either the put or call option is exercised in accordance with the joint venture agreement. The rate of interest for the shareholder loan is 2.5% and the loan is secured by a second priority lien on and secured interest in all assets of Onkyo.

Financing Arrangements - Sche_2

Financing Arrangements - Schedule of Debt (Parenthetical) (Details) € in Thousands	Sep. 08, 2021	Apr. 19, 2021USD ($)	Nov. 30, 2021USD ($)Rate	Nov. 30, 2020USD ($)	Nov. 30, 2021USD ($)Rate	Nov. 30, 2020USD ($)	Apr. 30, 2021USD ($)	Feb. 28, 2021USD ($)	Jul. 20, 2015	Jul. 06, 2015USD ($)	Oct. 23, 2000EUR (€)
Line of credit facility, maximum borrowing capacity			$ 128,517,000		$ 128,517,000
Line of credit facility, maturity date					Apr. 19, 2026
Percentage of maximum revolver amount					15.00%
Debt instrument compliance description					Provided that the Company is in a Compliance Period (the period commencing on that day in which Excess Availability is less than 15% of the Maximum Revolver Amount and ending on a day in which Excess Availability is equal to or greater than 15% for any consecutive 30-day period thereafter)
Line of credit facility, commitment fee amount			208,000	$ 130,000	$ 531,000	$ 371,000
Line of credit facility, additional financing fees							$ 667,000
Debt issuance costs, net			1,109,000		$ 1,109,000			$ 652,000
Industrial revenue bond										$ 9,995,000
Mortgage bears interest rate					70.00%
Debt issuance costs, gross			$ 332,000		$ 332,000
Derivative, Fixed Interest Rate									3.48%
Sharp Corporation [Member] | Shareholder Loan Payable [Member] | Onkyo Home Entertainment Corporation [Member]
Debt instrument, term	10 years
Debt instrument, interest rate	2.50%
Mortgages [Member]
Debt instrument, basis spread on variable rate | Rate					1.54%
Debt instrument, interest rate at period end | Rate			1.63%		1.63%
Amortization of debt issuance costs			$ 8,000	8,000	$ 23,000	23,000
Debt issuance costs, net			$ 132,000		$ 132,000
Debt instrument, term					10 years
London Interbank Offered Rate (LIBOR) [Member]
Debt instrument, interest rate at period end			2.00%		2.00%
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt instrument, basis spread on variable rate					1.75%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt instrument, basis spread on variable rate					2.25%
Base Rate [Member]
Debt instrument, interest rate at period end			4.00%		4.00%
Base Rate [Member] | Minimum [Member]
Debt instrument, basis spread on variable rate					0.75%
Base Rate [Member] | Maximum [Member]
Debt instrument, basis spread on variable rate					1.25%
Debt instrument interest rate during period					1.75%
Loans [Member]
Line of credit facility, maximum borrowing capacity		$ 15,000,000
Revolving Credit Facility [Member]
Line of credit facility, current borrowing capacity		$ 140,000,000
Line of credit facility, maturity date		Apr. 19, 2026
Letter of Credit [Member]
Line of credit facility, maximum borrowing capacity		$ 30,000,000
Line of Credit [Member]
Amortization of debt issuance costs			$ 55,000	$ 106,000	$ 185,000	$ 432,000
Debt issuance costs, net			$ 977,000		$ 977,000
Foreign Line of Credit [Member] | Audiovox Germany [Member]
Line of credit facility, maximum borrowing capacity | €											€ 8,000
Debt instrument, basis spread on variable rate | Rate					2.30%
Debt instrument, interest rate at period end | Rate			2.30%		2.30%

Other Income (Expense) - Schedu

Other Income (Expense) - Schedule of Other Nonoperating Income (Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Other Income And Expenses [Abstract]
Foreign currency (loss) gain	$ (382)	$ 34	$ (268)	$ (445)
Interest income	55	6	67	77
Rental income	186	188	547	556
Miscellaneous	(2)	66	329	565
Total other, net	$ (143)	$ 294	$ 675	$ 753

Foreign Currency - Additional I

Foreign Currency - Additional Information (Details)	9 Months Ended
	Nov. 30, 2021USD ($)
Foreign Currency [Line Items]
Cumulative inflation period	3 years
Impairment of long-lived assets held-for-use	$ 0
Minimum [Member]
Foreign Currency [Line Items]
Cumulative inflation rate	100.00%

Lease Obligations - Additional

Lease Obligations - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Leases [Line Items]
Short term leases	$ 0		$ 0
Other Income (Expense) [Member]
Leases [Line Items]
Rental income	$ 186,000	$ 188,000	$ 547,000	$ 556,000
Minimum [Member]
Leases [Line Items]
Operating and finance leases remaining lease terms			1 year
Maximum [Member]
Leases [Line Items]
Operating and finance leases remaining lease terms			9 years

Lease Obligations - Schedule of

Lease Obligations - Schedule of Components of Lease Cost (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Leases [Abstract]
Operating lease cost	[1],[2]	$ 324	$ 328	$ 1,007	$ 836
Finance lease cost:
Amortization of right of use assets	[2]	102	139	324	465
Interest on lease liabilities	[3]	2	6	9	23
Total finance lease cost		$ 104	$ 145	$ 333	$ 488
[1]	Includes immaterial amounts related to variable rent expense.
[2]	Recorded within Selling, General and administrative, Engineering and technical support, and Cost of sales on the Unaudited Consolidated Statement of Operations and Comprehensive Income.
[3]	Recorded within Interest and bank charges on the Unaudited Consolidated Statements of Operations and Comprehensive (Loss) Income.

Lease Obligations - Schedule _2

Lease Obligations - Schedule of Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Operating Leases
Operating lease, right of use assets	$ 4,010	$ 4,572
Total operating lease right of use assets	4,010	4,572
Accrued expenses and other current liabilities	1,029	1,119
Operating lease liabilities, less current portion	3,073	3,582
Total operating lease liabilities	4,102	4,701
Finance Leases
Property, plant, and equipment, gross	2,503	2,503
Accumulated depreciation	(2,129)	(1,805)
Total finance lease right of use assets	374	698
Accrued expenses and other current liabilities	269	418
Finance lease liabilities, less current portion	117	302
Total finance lease liabilities	$ 386	$ 720
Weighted Average Remaining Lease Term
Operating leases	6 years	6 years
Finance leases	1 year 4 months 24 days	1 year 9 months 18 days
Weighted Average Discount Rate
Operating leases	4.18%	4.49%
Finance leases	3.87%	3.87%

Lease Obligations - Schedule _3

Lease Obligations - Schedule of Maturities of Leases Liabilities (Details) - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Operating Leases
2021	$ 1,156
2022	844
2023	640
2024	462
2025	312
Thereafter	1,150
Total lease payments	4,564
Less imputed interest	462
Total	4,102	$ 4,701
Finance Leases
2021	274
2022	118
Total lease payments	392
Less imputed interest	6
Total	$ 386	$ 720

Capital Structure - Schedule of

Capital Structure - Schedule of Capital Units (Details) - $ / shares	9 Months Ended
	Nov. 30, 2021	Feb. 28, 2021
Capital Unit [Line Items]
Treasury stock, shares	2,862,218	2,749,218
Preferred stock, shares outstanding	0	0
Preferred Stock [Member]
Capital Unit [Line Items]
Preferred Stock, Par or Stated Value Per Share	$ 50
Preferred Stock, Shares Authorized	0	50,000
Preferred stock, shares outstanding	0	0
Preferred Stock, Liquidation Preference Per Share	$ 50
Series A Preferred Stock [Member]
Capital Unit [Line Items]
Preferred Stock, Par or Stated Value Per Share	$ 0.01
Preferred Stock, Shares Authorized	0	1,500,000
Preferred stock, shares outstanding	0	0
Common Class A [Member]
Capital Unit [Line Items]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	60,000,000	60,000,000
Treasury stock, shares	2,862,218	2,749,218
Common Stock, Shares, Outstanding	21,614,629	21,666,976
Common Stock, Voting Rights	1
Common Class B [Member]
Capital Unit [Line Items]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	10,000,000	10,000,000
Common Stock, Shares, Outstanding	2,260,954	2,260,954
Common Stock, Voting Rights	10

Capital Structure - Additional

Capital Structure - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Aug. 31, 2021	Nov. 30, 2021
Equity [Abstract]
Repurchase of shares of common stock		113,000
Stock repurchased during period, value	$ 1,220	$ 1,220
Stock repurchase program, number of shares authorized to be repurchased		2,305,876

Variable Interest Entity - Addi

Variable Interest Entity - Additional Information (Details) - USD ($)	Apr. 29, 2021	Nov. 30, 2021	Feb. 28, 2019	Feb. 28, 2021
Variable Interest Entity [Line Items]
Line of credit facility, maximum borrowing capacity		$ 128,517,000
Notes, loans and financing receivable, net, noncurrent		1.50
Long-term debt, net of debt issuance costs		$ 9,925,000		$ 5,962,000
Distribution agreement liability amount		1,201,000
GalvanEyes [Member]
Variable Interest Entity [Line Items]
Quarterly installment payment due amount receivable under distribution agreement.		$ 1,201,000
GalvanEyes [Member] | Put Arrangement [Member]
Variable Interest Entity [Line Items]
Equity interest percentage based on occurrence of certain events	20.00%	20.00%
Arrangement after initial period Term	2 years
EyeLock [Member] | Exclusive Distribution Agreement [Member]
Variable Interest Entity [Line Items]
Distribution agreement term	3 years
EyeLock [Member] | Call Arrangement [Member]
Variable Interest Entity [Line Items]
Equity interest percentage based on occurrence of certain events	20.00%
EyeLock [Member] | GalvanEyes [Member] | Exclusive Distribution Agreement [Member]
Variable Interest Entity [Line Items]
Annual fee receivable under distribution agreement subject to certain closing conditions	$ 10,000,000
Annual fee receivable under distribution agreement term	2 years
EyeLock [Member] | GalvanEyes [Member] | Maximum [Member] | Exclusive Distribution Agreement [Member]
Variable Interest Entity [Line Items]
Quarterly fee receivable under distribution agreement subject to certain closing conditions	$ 5,000,000
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Debt instrument, interest rate during period		2.50%	10.00%
Line of credit facility, maximum borrowing capacity		$ 68,200,000
Long-term debt, net of debt issuance costs		$ 67,053,000

Variable Interest Entity - Summ

Variable Interest Entity - Summary of Carrying Values of Assets and Liabilities Included in Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Nov. 30, 2021	Feb. 28, 2021
Variable Interest Entity [Line Items]
Cash and cash equivalents	$ 21,162	$ 59,404
Accounts receivable, net	131,811	106,165
Prepaid expenses and other current assets	24,935	22,266
Total current assets	345,098	319,339
Property, plant and equipment, net	50,692	52,026
Intangible assets, net	111,293	90,104
Other assets	946	1,323
Total assets	603,115	550,818
Current portion of long-term debt	2,091	500
Total current liabilities	220,926	146,796
Other long-term liabilities	5,790	5,255
Total liabilities	253,983	171,489
Commitments and contingencies
Retained earnings	123,812	148,906
Total liabilities, redeemable equity, redeemable non-controlling interest, and stockholders' equity	603,115	550,818
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Accounts receivable, net	235	167
Inventory, net	2,027	2,245
Prepaid expenses and other current assets	1,271	30
Total current assets	3,533	2,442
Property, plant and equipment, net	40	39
Intangible assets, net	2,125	2,329
Other assets	59	60
Total assets	5,757	4,870
Accounts payable	1,400	1,396
Interest payable to VOXX	12,680	11,453
Accrued expenses and other current liabilities	430	824
Current portion of long-term debt	67,053	61,072
Total current liabilities	81,563	74,745
Other long-term liabilities	2,459	1,200
Total liabilities	84,022	75,945
Commitments and contingencies
Capital	41,416	41,416
Retained earnings	(119,681)	(112,491)
Total partners' deficit	(78,265)	(71,075)
Total liabilities, redeemable equity, redeemable non-controlling interest, and stockholders' equity	$ 5,757	$ 4,870

Variable Interest Entity - Su_2

Variable Interest Entity - Summary of Revenues and Expenses Included in Consolidated Statements of Operations and Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Nov. 30, 2021		Nov. 30, 2020	Nov. 30, 2021		Nov. 30, 2020
Variable Interest Entity [Line Items]
Net sales	$ 191,871		$ 201,065	$ 472,040		$ 401,084
Cost of sales	140,167		142,937	346,455		284,905
Gross profit	51,704		58,128	125,585		116,179
Selling	13,864		13,176	37,169		30,976
General and administrative	20,049		21,104	56,609		51,398
Engineering and technical support	9,706		5,676	23,824		14,942
Total operating expenses	43,906		39,980	120,881		97,586
Operating (loss) income	7,798		18,148	4,704		18,593
Interest and bank charges	(730)		(471)	(1,840)		(2,280)
Other, net	(143)		294	675		753
Total other (expense) income, net	(38,111)		1,626	(33,645)		3,021
(Loss) income before income taxes	(30,313)	[1]	19,774	(28,941)	[1]	21,614
Income tax expense	(641)		2,334	(374)		6,724
Net (loss) income	(29,672)		17,440	(28,567)		14,890
Variable Interest Entity, Primary Beneficiary [Member]
Variable Interest Entity [Line Items]
Net sales	355		343	813		703
Cost of sales	240		293	580		674
Gross profit	115		50	233		29
Selling	167		132	493		434
General and administrative	261		446	1,037		1,303
Engineering and technical support	1,526		1,178	4,654		3,427
Total operating expenses	1,954		1,756	6,184		5,164
Operating (loss) income	(1,839)		(1,706)	(5,951)		(5,135)
Interest and bank charges	(423)		(372)	(1,239)		(1,094)
Total other (expense) income, net	(423)		(372)	(1,239)		(1,094)
(Loss) income before income taxes	(2,262)		(2,078)	(7,190)		(6,229)
Net (loss) income	$ (2,262)		$ (2,078)	$ (7,190)		$ (6,229)
[1]	Included within Corporate/Eliminations for the three and nine months ended November 30, 2021 is a charge of $39,444 recorded for an interim arbitration award unfavorable to the Company (see Note 24).

Segment Reporting - Additional

Segment Reporting - Additional Information (Details)	9 Months Ended
	Nov. 30, 2021Segment
Segment Reporting [Abstract]
Number of reportable segments	3
Number of operating segments	3

Segment Reporting - Schedule of

Segment Reporting - Schedule of Segment Reporting Information by Segments (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Nov. 30, 2021		Nov. 30, 2020	Nov. 30, 2021		Nov. 30, 2020
Segment Reporting Information [Line Items]
Net sales	$ 191,871		$ 201,065	$ 472,040		$ 401,084
Equity in income of equity investees	2,206		1,761	6,964		4,506
Interest expense and bank charges	730		471	1,840		2,280
Depreciation and amortization expense	3,406		2,934	8,978		8,224
Income (loss) before income taxes	(30,313)	[1]	19,774	(28,941)	[1]	21,614
Operating Segments [Member] | Automotive Electronics [Member]
Segment Reporting Information [Line Items]
Net sales	61,589		61,488	150,007		111,397
Equity in income of equity investees	2,206		1,761	6,964		4,506
Interest expense and bank charges	417		537	1,099		1,058
Depreciation and amortization expense	749		876	2,287		2,050
Income (loss) before income taxes	4,818	[1]	6,601	8,974	[1]	3,730
Operating Segments [Member] | Consumer Electronics [Member]
Segment Reporting Information [Line Items]
Net sales	129,733		139,039	320,805		288,545
Equity in income of equity investees	0		0	0		0
Interest expense and bank charges	2,076		2,290	5,962		6,530
Depreciation and amortization expense	1,647		1,002	3,651		2,921
Income (loss) before income taxes	9,998	[1]	20,351	17,905	[1]	33,087
Operating Segments [Member] | Biometrics [Member]
Segment Reporting Information [Line Items]
Net sales	355		343	813		703
Equity in income of equity investees	0		0	0		0
Interest expense and bank charges	423		372	1,239		1,094
Depreciation and amortization expense	73		75	224		247
Income (loss) before income taxes	(2,263)	[1]	(2,078)	(7,191)	[1]	(6,229)
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Net sales	194		195	415		439
Equity in income of equity investees	0		0	0		0
Interest expense and bank charges	(2,186)		(2,728)	(6,460)		(6,402)
Depreciation and amortization expense	937		981	2,816		3,006
Income (loss) before income taxes	$ (42,866)	[1]	$ (5,100)	$ (48,629)	[1]	$ (8,974)
[1]	Included within Corporate/Eliminations for the three and nine months ended November 30, 2021 is a charge of $39,444 recorded for an interim arbitration award unfavorable to the Company (see Note 24).

Segment Reporting - Schedule _2

Segment Reporting - Schedule of Segment Reporting Information by Segments (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Nov. 30, 2021	Nov. 30, 2021
Corporate, Non-Segment [Member]
Segment Reporting Information [Line Items]
Charge for interim arbitration award unfavorable	$ 39,444	$ 39,444

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Additional Information (Details) $ in Thousands	9 Months Ended
	Nov. 30, 2021USD ($)Segment	Feb. 28, 2021USD ($)
Disaggregation Of Revenue [Line Items]
Contract with customer, right to recover product	$ 2,554	$ 2,404
Contract with customer, refund liability	5,277	5,145
Contract with customer, liability	$ 4,658	$ 5,265
Number of reportable segments | Segment	3
Telematic Subscription Services [Member] | Directed LLC and Directed Electronics Canada Inc [Member]
Disaggregation Of Revenue [Line Items]
Contract with customer, liability	$ 4,658
Minimum [Member]
Disaggregation Of Revenue [Line Items]
Warrant period	30 days
Maximum [Member]
Disaggregation Of Revenue [Line Items]
Warrant period	3 years

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Reconciliation of Contract Liabilities (Details) $ in Thousands	9 Months Ended
	Nov. 30, 2021USD ($)
Revenue From Contract With Customer [Abstract]
Balance at February 28, 2021	$ 5,265
Subscription payments received	5,053
Revenue recognized	(5,660)
Balance at November 30, 2021	$ 4,658

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2021	Nov. 30, 2020	Nov. 30, 2021	Nov. 30, 2020
Disaggregation Of Revenue [Line Items]
Net sales	$ 191,871	$ 201,065	$ 472,040	$ 401,084
Corporate, Non-Segment [Member]
Disaggregation Of Revenue [Line Items]
Net sales	194	195	415	439
Automotive [Member] | Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Net sales	61,589	61,488	150,007	111,397
Automotive [Member] | Operating Segments [Member] | OEM Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	18,536	14,089	49,853	32,462
Automotive [Member] | Operating Segments [Member] | Aftermarket Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	43,053	47,399	100,154	78,935
Consumer Electronics [Member] | Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Net sales	129,733	139,039	320,805	288,545
Consumer Electronics [Member] | Operating Segments [Member] | Premium Audio Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	104,877	112,681	252,610	216,501
Consumer Electronics [Member] | Operating Segments [Member] | Other Consumer Electronic Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	24,856	26,358	68,195	72,044
Biometrics [Member] | Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Net sales	355	343	813	703
Biometrics [Member] | Operating Segments [Member] | Biometric Products [Member]
Disaggregation Of Revenue [Line Items]
Net sales	$ 355	$ 343	$ 813	$ 703

Contingencies - Additional Info

Contingencies - Additional Information (Details) - USD ($) $ in Thousands	Nov. 29, 2021	Jul. 14, 2021	Jun. 30, 2021	Nov. 30, 2021
Loss Contingencies [Line Items]
Arbitration settlement				$ 39,444
Breach of Contract Claim
Loss Contingencies [Line Items]
Loss contingency, damages sought, value		$ 40,000	$ 10,000
Loss contingency, damages awarded, value	$ 39,444