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13. BUSINESS SEGMENTS | 12 Months Ended
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Feb. 28, 2019
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | 1 3. BUSINESS SEGMENTS We have two reportable segments: Publishing and UBAM. These reportable segments offer different methods of distribution to different types of customers. They are managed separately based on the fundamental differences in their operations. Our Publishing segment markets its products to retail accounts, which include book, school supply, toy and gift stores and museums, through commissioned sales representatives, trade and specialty wholesalers and our internal tele-sales group. Our UBAM segment markets its products through a network of independent sales consultants using a combination of internet sales, direct sales, home shows and book fairs. The accounting policies of the segments are the same as those of the rest of the Company. We evaluate segment performance based on earnings before income taxes of the segments, which is defined as segment net revenues reduced by cost of sales and direct expenses. Corporate expenses, depreciation, interest expense and income taxes are not allocated to the segments but are listed in the “Other” row below. Corporate expenses include the executive department, accounting department, information services department, general office management, warehouse operations and building facilities management. Our assets and liabilities are not allocated on a segment basis. Information by industry segment for the years ended February 28, 2019 and 2018 is set forth below: NET REVENUES
|  | 2019 |  |  | 2018 |
Publishing |  | $ | 10,430,000 |  |  | $ | 8,267,500 |
UBAM |  |  | 108,381,300 |  |  |  | 103,717,100 |
Total |  | $ | 118,811,300 |  |  | $ | 111,984,600 |
EARNINGS (LOSS) BEFORE INCOME TAXES
|  | 2019 |  |  | 2018 |
Publishing |  | $ | 2,885,800 |  |  | $ | 1,763,200 |
UBAM |  |  | 19,250,100 |  |  |  | 19,429,600 |
Other |  |  | (12,955,100 | ) |  |  | (13,360,100 | )
Total |  | $ | 9,180,800 |  |  | $ | 7,832,700 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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