10-Q Filing

NORTHERN TECHNOLOGIES INTERNATIONAL CORP CIK: 875582 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001171843-21-002407`
Period End Date	20210228
Filing Date	20210409
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	ntic20210228_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 103 Cash Flow Statement 70 Stockholders Equity 40 Comprehensive Income 20

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Trade receivable excluding joint ventures, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$90.00K	USD	Point-in-time
Trade receivable excluding joint ventures, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$100.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.79M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.40M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Available for sale securities	`AvailableForSaleSecuritiesCurrent`	$5.54M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Available for sale securities	`AvailableForSaleSecuritiesCurrent`	$5.91M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Trade excluding joint ventures, less allowance for doubtful accounts of $100,000 at February 28, 2021 and $90,000 at August 31, 2020	`TradeReceivablesExcludingJointVenturesNetCurrent`	$8.07M	USD	Point-in-time
Trade excluding joint ventures, less allowance for doubtful accounts of $100,000 at February 28, 2021 and $90,000 at August 31, 2020	`TradeReceivablesExcludingJointVenturesNetCurrent`	$10.29M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Trade joint ventures	`TradeReceivablesJointVenturesCurrent`	$448.02K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Trade joint ventures	`TradeReceivablesJointVenturesCurrent`	$475.90K	USD	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$1.32M	USD	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$927.29K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	15.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	15.00M	shares	Point-in-time
Income taxes	`IncomeTaxesReceivable`	$289.10K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	9.10M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	9.10M	shares	Point-in-time
Income taxes	`IncomeTaxesReceivable`	$19.91K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	9.10M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	9.10M	shares	Point-in-time
Inventories	`InventoryGross`	$10.96M	USD	Point-in-time
Inventories	`InventoryGross`	$11.21M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$797.50K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$37.52M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$33.20M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$7.14M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$7.11M	USD	Point-in-time
Investments in joint ventures	`EquityMethodInvestments`	$24.86M	USD	Point-in-time
Investments in joint ventures	`EquityMethodInvestments`	$24.09M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$209.73K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$215.18K	USD	Point-in-time
Patents and trademarks, net	`FiniteLivedIntangibleAssetsNet`	$776.40K	USD	Point-in-time
Patents and trademarks, net	`FiniteLivedIntangibleAssetsNet`	$802.01K	USD	Point-in-time
Operating lease right of use asset	`OtherAssetsNoncurrent`	$596.93K	USD	Point-in-time
Operating lease right of use asset	`OtherAssetsNoncurrent`	$658.79K	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanPropertyPlantAndEquipment`	$25.76M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanPropertyPlantAndEquipment`	$26.45M	USD	Point-in-time
Total assets	`Assets`	$66.07M	USD	Point-in-time
Total assets	`Assets`	$71.12M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.39M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$310.92K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$623.96K	USD	Point-in-time
Payroll and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.83M	USD	Point-in-time
Payroll and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.31M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$880.12K	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$975.78K	USD	Point-in-time
Current portion of operating lease	`OperatingLeaseLiabilityCurrent`	$386.35K	USD	Point-in-time
Current portion of operating lease	`OperatingLeaseLiabilityCurrent`	$226.98K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.10M	USD	Point-in-time
Operating lease, less current portion	`OperatingLeaseLiabilityNoncurrent`	$369.96K	USD	Point-in-time
Operating lease, less current portion	`OperatingLeaseLiabilityNoncurrent`	$272.44K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$272.44K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$369.96K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value; authorized 10,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value; authorized 10,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.02 par value per share; authorized 15,000,000 shares as of February 28, 2021 and August 31, 2020; issued and outstanding 9,104,636 and 9,099,990, respectively	`CommonStockValue`	$182.09K	USD	Point-in-time
Common stock, $0.02 par value per share; authorized 15,000,000 shares as of February 28, 2021 and August 31, 2020; issued and outstanding 9,104,636 and 9,099,990, respectively	`CommonStockValue`	$182.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$17.42M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$17.79M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$44.46M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$42.47M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.97M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$59.46M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$56.66M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$3.05M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$3.23M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$60.79M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.63M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.69M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$60.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$59.67M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$59.70M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$66.07M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$71.12M	USD	Point-in-time

Income Statement 103 line items

Line Item	Tag	Value	Unit	Period
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$27.03M	USD	2 Qtrs
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$24.45M	USD	2 Qtrs
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$12.26M	USD	1 Quarter
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$12.99M	USD	1 Quarter
Net sales, to joint ventures	`NetSalesToJointVentures`	$831.25K	USD	2 Qtrs
Net sales, to joint ventures	`NetSalesToJointVentures`	$526.94K	USD	1 Quarter
Net sales, to joint ventures	`NetSalesToJointVentures`	$245.63K	USD	1 Quarter
Net sales, to joint ventures	`NetSalesToJointVentures`	$1.11M	USD	2 Qtrs
Total net sales	`Revenues`	$27.87M	USD	2 Qtrs
Total net sales	`Revenues`	$12.78M	USD	1 Quarter
Total net sales	`Revenues`	$25.56M	USD	2 Qtrs
Total net sales	`Revenues`	$13.23M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$16.84M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$8.69M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$8.53M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$18.49M	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.55M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.72M	USD	2 Qtrs
Gross profit	`GrossProfit`	$9.37M	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$3.75M	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.36M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.92M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$2.65M	USD	2 Qtrs
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$2.61M	USD	2 Qtrs
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$1.46M	USD	1 Quarter
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$1.26M	USD	1 Quarter
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$2.80M	USD	2 Qtrs
Total joint venture operations	`OtherOperatingIncome`	$3.38M	USD	1 Quarter
Total joint venture operations	`OtherOperatingIncome`	$6.54M	USD	2 Qtrs
Total joint venture operations	`OtherOperatingIncome`	$2.62M	USD	1 Quarter
Total joint venture operations	`OtherOperatingIncome`	$5.27M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$5.57M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$3.11M	USD	1 Quarter
Selling expenses	`SellingExpense`	$6.00M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$2.83M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.35M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.39M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.96M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.05M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.97M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.08M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.01M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.15M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$5.87M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.78M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$12.36M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$6.46M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$701.75K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$2.28M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$3.48M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$1.77M	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeInterest`	$85.18K	USD	2 Qtrs
INTEREST INCOME	`InvestmentIncomeInterest`	$15.64K	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeInterest`	$55.04K	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeInterest`	$104.08K	USD	2 Qtrs
INTEREST EXPENSE	`InterestExpense`	$5.25K	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$14.82K	USD	2 Qtrs
INTEREST EXPENSE	`InterestExpense`	$7.62K	USD	2 Qtrs
INTEREST EXPENSE	`InterestExpense`	$9.38K	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$1.78M	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$2.37M	USD	2 Qtrs
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$747.42K	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$3.56M	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$274.66K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$727.66K	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$463.59K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$653.25K	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$2.91M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.64M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$283.82K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$1.50M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$333.65K	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$190.89K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$103.99K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$250.98K	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$1.31M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$179.83K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$1.39M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$2.57M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.10M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.10M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.38M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.76M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.46M	shares	1 Quarter
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	2 Qtrs
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.13	USD	2 Qtrs
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	Point-in-time
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	Point-in-time
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	Point-in-time

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.64M	USD	2 Qtrs
Net income	`ProfitLoss`	$283.82K	USD	1 Quarter
Net income	`ProfitLoss`	$1.50M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$658.47K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$342.50K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$451.50K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$428.71K	USD	2 Qtrs
Amortization expense	`AdjustmentForAmortization`	$100.82K	USD	2 Qtrs
Amortization expense	`AdjustmentForAmortization`	$118.17K	USD	2 Qtrs
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$10.00K	USD	2 Qtrs
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$3.75M	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.36M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.92M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$2.65M	USD	2 Qtrs
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$3.32M	USD	2 Qtrs
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$5.56M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-111.77K	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.18K	USD	2 Qtrs
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$2.00M	USD	2 Qtrs
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$10.78K	USD	2 Qtrs
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$-27.88K	USD	2 Qtrs
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$-285.30K	USD	2 Qtrs
Fees for services provided to joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$388.59K	USD	2 Qtrs
Fees for services provided to joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$-72.78K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-221.21K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$270.87K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$908.42K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$83.03K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$450.26K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-122.68K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.04M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$850.53K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-10.83K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$290.25K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.28M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$413.16K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.21M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.96M	USD	2 Qtrs
Purchase of available for sale securities	`PaymentsToAcquireAvailableForSaleSecurities`	$6.95M	USD	2 Qtrs
Purchase of available for sale securities	`PaymentsToAcquireAvailableForSaleSecurities`	$868.76K	USD	2 Qtrs
Proceeds from the sale of available for sale securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$500.00K	USD	2 Qtrs
Proceeds from the sale of available for sale securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$4.00M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$296.79K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$466.57K	USD	2 Qtrs
Investments in patents	`PaymentsToAcquireIntangibleAssets`	$75.22K	USD	2 Qtrs
Investments in patents	`PaymentsToAcquireIntangibleAssets`	$45.41K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.29M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-910.55K	USD	2 Qtrs
Dividends paid on NTIC common stock	`PaymentsOfDividendsCommonStock`	$1.18M	USD	2 Qtrs
Dividends paid on NTIC common stock	`PaymentsOfDividendsCommonStock`	$591.80K	USD	2 Qtrs
Dividends received by non-controlling interests	`PaymentsOfDividendsMinorityInterest`	-	USD	2 Qtrs
Dividends received by non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$200.00K	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$36.19K	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$35.61K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.15M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-755.61K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$92.41K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.36K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$385.50K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-230.35K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.86M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.63M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.86M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.63M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.40M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$60.79M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.63M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.69M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$60.92M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$59.67M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$59.70M	USD	Point-in-time
Stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	-	USD	1 Quarter
Stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$35.61K	USD	2 Qtrs
Stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$36.19K	USD	2 Qtrs
Stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	-	USD	1 Quarter
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$658.47K	USD	2 Qtrs
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$339.65K	USD	1 Quarter
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$160.84K	USD	1 Quarter
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$342.50K	USD	2 Qtrs
Dividends paid to stockholders	`Dividends`	$591.80K	USD	1 Quarter
Dividends paid to stockholders	`Dividends`	$591.32K	USD	1 Quarter
Dividends paid to stockholders	`Dividends`	$1.18M	USD	2 Qtrs
Dividends paid to stockholders	`Dividends`	$591.80K	USD	2 Qtrs
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	-	USD	2 Qtrs
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$200.00K	USD	1 Quarter
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	-	USD	1 Quarter
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$200.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$2.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.64M	USD	2 Qtrs
Net income	`ProfitLoss`	$283.82K	USD	1 Quarter
Net income	`ProfitLoss`	$1.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-158.34K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-32.67K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$495.01K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$196.34K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	2 Qtrs
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	2 Qtrs
Stock issued for employee stock purchase plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	4,646.00	shares	Point-in-time
Stock issued for employee stock purchase plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	3,597.00	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$60.79M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.63M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.69M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$60.92M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$59.67M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$59.70M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`ProfitLoss`	$2.91M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.64M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$283.82K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$1.50M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS) - FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-32.67K	USD	2 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS) - FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$196.34K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS) - FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-158.34K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS) - FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$495.01K	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.40M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.61M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$125.48K	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$57.63K	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$387.78K	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$177.12K	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$227.48K	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$1.38M	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$1.52M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$67.85K	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$3.02M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.