10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-12-003864 |
| Period End Date | 20120229 |
| Filing Date | 20120413 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | artw-20120229.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash |
Cash
|
$118.92K | USD | Point-in-time |
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$49.58K | USD | Point-in-time |
| Cash |
Cash
|
$316.49K | USD | Point-in-time |
| Allowance for Doubtful Accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$17.51K | USD | Point-in-time |
| Accounts receivable-customers, net of allowance for doubtful accounts of $17,508 and $49,583 in 2012 and 2011, respectively |
AccountsReceivableNetCurrent
|
$3.10M | USD | Point-in-time |
| Accounts receivable-customers, net of allowance for doubtful accounts of $17,508 and $49,583 in 2012 and 2011, respectively |
AccountsReceivableNetCurrent
|
$2.03M | USD | Point-in-time |
| Common stock - par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$14.38M | USD | Point-in-time |
| Common stock - par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$13.25M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetCurrent
|
$888.05K | USD | Point-in-time |
| Common stock - authorized shares |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Common stock - authorized shares |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetCurrent
|
$933.50K | USD | Point-in-time |
| Common stock - issued shares |
CommonStockSharesIssued
|
4.03M | shares | Point-in-time |
| Cost and Profit in Excess of Billings |
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
|
$10.00K | USD | Point-in-time |
| Cost and Profit in Excess of Billings |
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
|
$164.73K | USD | Point-in-time |
| Common stock - issued shares |
CommonStockSharesIssued
|
4.03M | shares | Point-in-time |
| Common stock - outstanding shares |
CommonStockSharesOutstanding
|
4.03M | shares | Point-in-time |
| Common stock - outstanding shares |
CommonStockSharesOutstanding
|
4.03M | shares | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$28.10K | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$381.08K | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$198.93K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$19.10M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$16.70M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$8.03M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$8.09M | USD | Point-in-time |
| Assets held for lease, net |
PropertySubjectToOrAvailableForOperatingLeaseNet
|
$452.44K | USD | Point-in-time |
| Assets held for lease, net |
PropertySubjectToOrAvailableForOperatingLeaseNet
|
$424.57K | USD | Point-in-time |
| Assets held for sale, net |
AssetsHeldForSaleLongLived
|
$186.36K | USD | Point-in-time |
| Assets held for sale, net |
AssetsHeldForSaleLongLived
|
$185.31K | USD | Point-in-time |
| Covenant not to Compete, net |
IntangibleAssetsNetExcludingGoodwill
|
$60.00K | USD | Point-in-time |
| Covenant not to Compete, net |
IntangibleAssetsNetExcludingGoodwill
|
$45.00K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$375.00K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$375.00K | USD | Point-in-time |
| Total assets |
Assets
|
$28.16M | USD | Point-in-time |
| Total assets |
Assets
|
$25.86M | USD | Point-in-time |
| Notes payable to bank |
LoansPayableToBankCurrent
|
$1.14M | USD | Point-in-time |
| Notes payable to bank |
LoansPayableToBankCurrent
|
$1.39M | USD | Point-in-time |
| Current portion of term debt |
LongTermDebtCurrent
|
$712.96K | USD | Point-in-time |
| Current portion of term debt |
LongTermDebtCurrent
|
$722.28K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$341.74K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$1.46M | USD | Point-in-time |
| Customer deposits |
CustomerDepositsCurrent
|
$2.17M | USD | Point-in-time |
| Customer deposits |
CustomerDepositsCurrent
|
$338.48K | USD | Point-in-time |
| Billings in Excess of Cost and Profit |
BillingsInExcessOfCost
|
$74.05K | USD | Point-in-time |
| Billings in Excess of Cost and Profit |
BillingsInExcessOfCost
|
$266.73K | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$1.10M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$1.36M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$351.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$6.85M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.57M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilities
|
$810.90K | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilities
|
$803.97K | USD | Point-in-time |
| Term debt, excluding current portion |
LongTermDebtNoncurrent
|
$5.74M | USD | Point-in-time |
| Term debt, excluding current portion |
LongTermDebtNoncurrent
|
$5.57M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$13.23M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$11.12M | USD | Point-in-time |
| Common stock - $0.01 par value. Authorized 5,000,000 shares; issued and outstanding 4,028,852 and 4,025,852 shares in 2012 and 2011 |
CommonStockValue
|
$40.29K | USD | Point-in-time |
| Common stock - $0.01 par value. Authorized 5,000,000 shares; issued and outstanding 4,028,852 and 4,025,852 shares in 2012 and 2011 |
CommonStockValue
|
$40.26K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$2.46M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$2.47M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$12.23M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$12.42M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$14.93M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$14.73M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$28.16M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$25.86M | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$4.66M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$6.31M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsSold
|
$4.84M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsSold
|
$4.19M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$475.83K | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.48M | USD | 1 Quarter |
| Engineering |
ResearchAndDevelopmentExpense
|
$118.31K | USD | 1 Quarter |
| Engineering |
ResearchAndDevelopmentExpense
|
$85.06K | USD | 1 Quarter |
| Selling |
SellingAndMarketingExpense
|
$366.78K | USD | 1 Quarter |
| Selling |
SellingAndMarketingExpense
|
$400.61K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$662.12K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$615.87K | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$1.13M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$1.11M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$362.25K | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$-658.96K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-93.04K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$-96.20K | USD | 1 Quarter |
| Other |
OtherNonoperatingIncomeExpense
|
$26.07K | USD | 1 Quarter |
| Other |
OtherNonoperatingIncomeExpense
|
$19.86K | USD | 1 Quarter |
| Total other income (loss) |
NonoperatingIncomeExpense
|
$-70.13K | USD | 1 Quarter |
| Total other income (loss) |
NonoperatingIncomeExpense
|
$-73.17K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$-729.09K | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$289.08K | USD | 1 Quarter |
| Current tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
$57.08K | USD | 1 Quarter |
| Current tax expense (benefit) |
CurrentIncomeTaxExpenseBenefit
|
$-314.51K | USD | 1 Quarter |
| Deferred tax expense |
DeferredIncomeTaxExpenseBenefit
|
$70.00K | USD | 1 Quarter |
| Deferred tax expense |
DeferredIncomeTaxExpenseBenefit
|
$38.50K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-484.58K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$193.50K | USD | 1 Quarter |
| Basic net income (loss) per share |
EarningsPerShareBasic
|
$0.05 | USD | 1 Quarter |
| Basic net income (loss) per share |
EarningsPerShareBasic
|
$-0.12 | USD | 1 Quarter |
| Diluted net income (loss) per share |
EarningsPerShareDiluted
|
$0.05 | USD | 1 Quarter |
| Diluted net income (loss) per share |
EarningsPerShareDiluted
|
$-0.12 | USD | 1 Quarter |
| Weighted average outstanding shares used to compute basic net income per share |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.03M | shares | 1 Quarter |
| Weighted average outstanding shares used to compute basic net income per share |
WeightedAverageNumberOfSharesOutstandingBasic
|
4.01M | shares | 1 Quarter |
| Weighted average outstanding shares used to compute diluted net income per share |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.05M | shares | 1 Quarter |
| Weighted average outstanding shares used to compute diluted net income per share |
WeightedAverageNumberOfDilutedSharesOutstanding
|
4.01M | shares | 1 Quarter |
Cash Flow Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-484.58K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$193.50K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$10.69K | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
$181.42K | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
$190.66K | USD | 1 Quarter |
| Amortization expense |
AmortizationOfIntangibleAssets
|
$15.00K | USD | 1 Quarter |
| Amortization expense |
AmortizationOfIntangibleAssets
|
$15.00K | USD | 1 Quarter |
| Deferred income taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$70.00K | USD | 1 Quarter |
| Deferred income taxes |
IncreaseDecreaseInDeferredIncomeTaxes
|
$38.50K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$807.66K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-1.07M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-1.13M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-372.13K | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-28.10K | USD | 1 Quarter |
| Income taxes receivable |
IncreaseDecreaseInIncomeTaxesReceivable
|
$-360.64K | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-156.49K | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-182.15K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-414.04K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$1.12M | USD | 1 Quarter |
| Contracts in progress, net |
IncreaseDecreaseInOtherOperatingLiabilities
|
$347.41K | USD | 1 Quarter |
| Contracts in progress, net |
IncreaseDecreaseInOtherOperatingLiabilities
|
$221.67K | USD | 1 Quarter |
| Customer deposits |
IncreaseDecreaseInCustomerDeposits
|
$3.31M | USD | 1 Quarter |
| Customer deposits |
IncreaseDecreaseInCustomerDeposits
|
$1.83M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-351.00K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-594.82K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-208.80K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-264.32K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$713.43K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.02M | USD | 1 Quarter |
| Purchases of property, plant, and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$284.87K | USD | 1 Quarter |
| Purchases of property, plant, and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$105.60K | USD | 1 Quarter |
| Net cash (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-105.60K | USD | 1 Quarter |
| Net cash (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-284.87K | USD | 1 Quarter |
| Proceeds from line of credit borrowings |
ProceedsFromLinesOfCredit
|
$1.52M | USD | 1 Quarter |
| Proceeds from line of credit borrowings |
ProceedsFromLinesOfCredit
|
$2.94M | USD | 1 Quarter |
| Repayment of line of credit borrowings |
RepaymentsOfLinesOfCredit
|
$3.19M | USD | 1 Quarter |
| Repayment of line of credit borrowings |
RepaymentsOfLinesOfCredit
|
$3.29M | USD | 1 Quarter |
| Payments of notes payable to bank |
RepaymentsOfNotesPayable
|
$163.30K | USD | 1 Quarter |
| Payments of notes payable to bank |
RepaymentsOfNotesPayable
|
$148.16K | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$38.95K | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-410.26K | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.88M | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-146.76K | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$197.56K | USD | 1 Quarter |
| Cash at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$118.92K | USD | Point-in-time |
| Cash at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$170.34K | USD | Point-in-time |
| Cash at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$316.49K | USD | Point-in-time |
| Cash at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$317.10K | USD | Point-in-time |
| Cash at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$118.92K | USD | Point-in-time |
| Cash at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$170.34K | USD | Point-in-time |
| Cash at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$316.49K | USD | Point-in-time |
| Cash at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$317.10K | USD | Point-in-time |
| Interest |
InterestPaid
|
$94.32K | USD | 1 Quarter |
| Interest |
InterestPaid
|
$98.01K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$436.90K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$640.85K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.