| Feb'19 | Feb'18 | Feb'17 | Feb'16 | Feb'15 | Feb'14 | Feb'13 | Feb'12 | Feb'11 | Feb'10 |
|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||
446,816 | 507,092 | - | - | - | - | - | - | - | - |
Cost of sales | |||||||||
325,399 | 374,795 | - | - | - | - | - | - | - | - |
Revenue, Net | |||||||||
- | - | 514,530 | 530,206 | 757,498 | 809,709 | 835,577 | 707,062 | 561,672 | 550,695 |
Cost of Goods Sold | |||||||||
- | - | 370,500 | 386,670 | 533,628 | 579,461 | 598,755 | 504,107 | 437,735 | 443,944 |
Gross profit | |||||||||
121,417 | 132,297 | 144,030 | 143,536 | 223,870 | 230,248 | 236,822 | 202,955 | 123,937 | 106,751 |
Operating expenses: | |||||||||
Selling | |||||||||
40,915 | 45,999 | 43,108 | 43,576 | 54,136 | 55,725 | 51,976 | 47,282 | 34,517 | 30,147 |
General and administrative | |||||||||
66,935 | 78,957 | 79,573 | 84,234 | 114,849 | 118,852 | 114,653 | 93,219 | 67,262 | 62,854 |
Engineering and technical support | |||||||||
24,387 | 26,440 | 29,517 | 22,923 | 37,157 | 34,161 | 26,971 | 15,825 | 11,934 | 9,781 |
Intangible asset impairment charges | |||||||||
25,789 | 0 | - | - | - | - | - | - | - | - |
Goodwill, Impairment Loss | |||||||||
0 | 0 | 0 | 0 | 0 | 32,163 | 0 | - | - | - |
Impairment of Intangible Assets (Excluding Goodwill) | |||||||||
- | - | 0 | 9,070 | 0 | 25,398 | 0 | - | - | - |
Asset Impairment Charges | |||||||||
- | - | 0 | 9,070 | 9,304 | 57,561 | 0 | 0 | - | - |
Restructuring expense | |||||||||
- | - | - | - | 1,134 | 1,324 | 0 | 0 | - | - |
Acquisition related costs | |||||||||
- | - | 0 | 800 | 0 | 0 | 1,526 | 2,755 | 1,207 | 209 |
Total operating expenses | |||||||||
162,614 | 151,396 | 152,198 | 160,603 | 207,276 | 267,623 | 195,126 | 159,081 | 114,920 | 102,991 |
Operating income (loss) | |||||||||
-41,197 | -19,099 | -8,168 | -17,067 | 16,594 | -37,375 | 41,696 | 43,874 | 9,017 | 3,760 |
Other income (expense): | |||||||||
Interest and bank charges | |||||||||
4,449 | 6,009 | 7,105 | 7,898 | 6,851 | 7,394 | - | 5,630 | 2,630 | 1,556 |
Interest Expense and Bank Charges | |||||||||
- | - | - | - | - | - | 8,288 | - | - | - |
Equity in income of equity investee | |||||||||
6,618 | 7,178 | 6,797 | 6,538 | 5,866 | 6,070 | 4,880 | 4,035 | 2,905 | 1,657 |
Allowance for Loan and Lease Losses, Write-offs | |||||||||
16,509 | 0 | - | - | - | - | - | - | - | - |
Investment gain | |||||||||
530 | 1,416 | - | - | - | - | - | - | - | - |
Foreign Currency Transaction Gain (Loss), before Tax | |||||||||
220 | -8,769 | -509 | 108 | -6,504 | -1,079 | - | - | - | - |
Impairment of Venezuela investment properties | |||||||||
3,473 | 0 | 0 | - | -9,304 | 0 | 0 | - | - | - |
Foreign Currency Translation Gain (Loss) | |||||||||
- | - | - | - | - | - | 445 | - | - | - |
Business Combination, Bargain Purchase, Gain Recognized, Amount | |||||||||
- | - | 0 | 4,679 | 0 | 0 | - | - | - | - |
Other, net | |||||||||
577 | -7,590 | -454 | 576 | 1,495 | 11,867 | -2,156 | -3,387 | 3,204 | 7,294 |
Nonoperating Income (Expense) | |||||||||
-17,766 | -5,005 | -762 | 3,895 | -15,898 | 10,720 | - | - | - | - |
Total other income (expense), net | |||||||||
- | - | - | - | - | - | -6,041 | -4,982 | 3,479 | 7,395 |
Income (loss) before income taxes | |||||||||
-58,963 | -24,104 | -8,930 | -13,172 | 696 | -26,655 | 35,655 | 38,892 | 12,496 | 11,155 |
Income tax expense (benefit) | |||||||||
-6,131 | -17,445 | 338 | -2,351 | 1,638 | -58 | 13,163 | 13,243 | -10,535 | -11,328 |
Net income (loss) | |||||||||
-52,832 | 27,959 | -3,202 | -6,063 | -942 | -26,597 | - | 25,649 | 23,031 | 22,483 |
Less: net loss attributable to non-controlling interest | |||||||||
-6,741 | -7,345 | -7,624 | -3,381 | 0 | 0 | - | - | - | - |
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | |||||||||
-52,832 | -6,659 | -9,268 | -10,821 | - | - | - | - | - | - |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | |||||||||
0 | 34,618 | 6,066 | 4,758 | - | - | - | - | - | - |
Net income (loss) attributable to VOXX International Corporation | |||||||||
-46,091 | 35,304 | 4,422 | -2,682 | -942 | -26,597 | 22,492 | - | - | - |
Other comprehensive (loss) income: | |||||||||
Foreign currency translation adjustments | |||||||||
-3,195 | 28,804 | -3,194 | -5,702 | -33,170 | 5,575 | -1,281 | -1,153 | 795 | - |
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax | |||||||||
461 | -698 | 210 | -2,440 | 3,258 | -648 | -174 | -131 | 238 | - |
Reclassificaton adjustment of other-than-temporary impairment loss (gain) on available-for-sale investment into net income | |||||||||
- | - | - | - | - | - | - | -1,225 | -1,600 | - |
Pension plan adjustments | |||||||||
- | - | - | - | - | - | - | 0 | 0 | - |
Pension plan adjustments | |||||||||
12 | -1,496 | 180 | -640 | -1,423 | -288 | - | - | - | - |
Unrealized holding gain on available-for-sale investment securities, net of tax | |||||||||
24 | 74 | -17 | 20 | -27 | -15 | - | - | - | - |
Unrealized holding gain (loss) on available-for-sale investment securities arising during the period, net of tax | |||||||||
- | - | - | - | - | - | -38 | -65 | 796 | - |
Other comprehensive (loss) income, net of tax | |||||||||
-2,722 | 29,676 | -3,181 | -7,482 | -31,362 | 4,624 | -2,524 | -124 | 3,429 | - |
Comprehensive income (loss) attributable to VOXX International Corporation | |||||||||
-48,813 | 64,980 | 1,241 | -10,164 | -32,304 | -21,973 | 19,968 | - | - | - |
Income (Loss) from Continuing Operations, Per Basic Share | |||||||||
-1.89 | 0.03 | -0.07 | -0.31 | - | - | - | - | - | - |
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share | |||||||||
0.00 | 1.43 | 0.00 | 0.00 | - | - | - | - | - | - |
Comprehensive income (loss) | |||||||||
- | - | - | - | - | - | - | 25,525 | 26,460 | - |
Income (loss) per share - basic: Attributable to VOXX International Corporation | |||||||||
-1.89 | 1.45 | - | - | -0.04 | -1.10 | 0.96 | 1.11 | 1.00 | 0.98 |
Income (Loss) from Continuing Operations, Per Diluted Share | |||||||||
-1.89 | 0.03 | -0.07 | -0.31 | - | - | - | - | - | - |
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share | |||||||||
0.00 | 1.41 | 0.00 | 0.00 | - | - | - | - | - | - |
Income (loss) per share - diluted: Attributable to VOXX International Corporation | |||||||||
-1.89 | 1.44 | 0.18 | - | -0.04 | -1.10 | 0.95 | 1.10 | 1.00 | 0.98 |
Weighted-average common shares outstanding (basic) | |||||||||
24,355 | 24,290 | 24,160 | 24,172 | 24,330 | 24,109 | 23,415 | 23,080 | 22,938 | 22,875 |
Weighted-average common shares outstanding (diluted) | |||||||||
24,355 | 24,547 | 24,160 | 24,172 | 24,330 | 24,109 | 23,617 | 23,265 | 23,112 | 22,919 |