XML 60 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 6 - Investments in Joint Ventures (Details) - Condensed Balance Sheet of EXCOR and NTI ASEAN, and All Other Joint Ventures (USD $)
May 31, 2013
Aug. 31, 2012
Condensed Balance Sheet Statements, Captions [Line Items]    
Current assets $ 63,547,204 $ 61,973,725
Total assets 69,688,319 68,585,974
Current liabilities 19,288,471 18,686,181
Noncurrent liabilities 3,358,593 4,700,458
Joint ventures’ equity 47,041,255 45,199,335
Northern Technologies International Corporation’s share of joint ventures’ equity 23,320,080 21,461,492
Northern Technologies International Corporation’s share of joint ventures’ undistributed earnings 20,877,265 19,403,150
EXCOR [Member]
    
Condensed Balance Sheet Statements, Captions [Line Items]    
Current assets 23,056,084 24,357,139
Total assets 25,425,172 26,620,589
Current liabilities 3,056,560 4,749,574
Joint ventures’ equity 22,368,612 21,871,015
Northern Technologies International Corporation’s share of joint ventures’ equity 11,184,308 10,935,509
Northern Technologies International Corporation’s share of joint ventures’ undistributed earnings 11,153,403 10,904,604
China [Member]
    
Condensed Balance Sheet Statements, Captions [Line Items]    
Current assets 13,964,465  
Total assets 13,993,902  
Current liabilities 6,212,433  
Noncurrent liabilities 869,532  
Joint ventures’ equity 6,911,937  
Northern Technologies International Corporation’s share of joint ventures’ equity 3,455,969  
Northern Technologies International Corporation’s share of joint ventures’ undistributed earnings 3,405,969  
All Other [Member]
    
Condensed Balance Sheet Statements, Captions [Line Items]    
Current assets 26,526,655 22,257,619
Total assets 30,269,245 26,442,929
Current liabilities 10,019,478 8,172,750
Noncurrent liabilities 2,489,061 3,644,493
Joint ventures’ equity 17,760,706 14,625,686
Northern Technologies International Corporation’s share of joint ventures’ equity 8,679,803 6,840,579
Northern Technologies International Corporation’s share of joint ventures’ undistributed earnings 6,327,893 5,184,101
NTI ASEAN [Member]
    
Condensed Balance Sheet Statements, Captions [Line Items]    
Current assets   15,358,967
Total assets   15,522,456
Current liabilities   5,763,857
Noncurrent liabilities   1,055,965
Joint ventures’ equity   8,702,634
Northern Technologies International Corporation’s share of joint ventures’ equity   3,685,404
Northern Technologies International Corporation’s share of joint ventures’ undistributed earnings   $ 3,314,445