XML 44 R24.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 5 - Investments in Joint Ventures (Tables) | 9 Months Ended
--- | ---
May 31, 2014
Equity Method Investments and Joint Ventures [Abstract] |
Condensed Balance Sheet [Table Text Block] |
|  | At May 31, 2014 |
|  | Total |  |  | EXCOR |  |  | China |  |  | All Other |
Current assets |  | $ | 58,975,346 |  |  | $ | 22,560,299 |  |  | $ | 8,541,897 |  |  | $ | 27,873,150 |
Total assets |  |  | 63,172,232 |  |  |  | 24,920,587 |  |  |  | 8,561,641 |  |  |  | 29,690,004 |
Current liabilities |  |  | 14,208,070 |  |  |  | 1,956,574 |  |  |  | 1,926,986 |  |  |  | 10,324,510 |
Noncurrent liabilities |  |  | 3,373,373 |  |  |  | 1,321,199 |  |  |  | 853,839 |  |  |  | 1,198,335 |
Joint ventures’ equity |  |  | 45,590,789 |  |  |  | 21,642,814 |  |  |  | 5,780,816 |  |  |  | 18,167,159 |
Company’s share of joint ventures’ equity |  |  | 22,103,275 |  |  |  | 10,821,409 |  |  |  | 2,225,409 |  |  |  | 9,056,460 |
Company’s share of joint ventures’ undistributed earnings |  | $ | 19,681,808 |  |  | $ | 10,790,504 |  |  | $ | 2,175,409 |  |  | $ | 6,715,895 |
|  | At August 31, 2013 |
|  | Total |  |  | EXCOR |  |  | China |  |  | All Other |
Current assets |  | $ | 63,052,410 |  |  | $ | 25,955,136 |  |  | $ | 11,200,355 |  |  | $ | 25,896,919 |
Total assets |  |  | 68,417,142 |  |  |  | 28,391,787 |  |  |  | 11,226,755 |  |  |  | 28,798,600 |
Current liabilities |  |  | 16,107,597 |  |  |  | 3,572,004 |  |  |  | 3,080,118 |  |  |  | 9,455,475 |
Noncurrent liabilities |  |  | 2,488,057 |  |  |  | — |  |  |  | 871,886 |  |  |  | 1,616,171 |
Joint ventures’ equity |  |  | 49,821,488 |  |  |  | 24,819,783 |  |  |  | 7,274,751 |  |  |  | 17,726,954 |
Company’s share of joint ventures’ equity |  |  | 24,702,981 |  |  |  | 12,409,893 |  |  |  | 3,637,375 |  |  |  | 8,655,713 |
Company’s share of joint ventures’ undistributed earnings |  | $ | 22,281,510 |  |  | $ | 12,378,988 |  |  | $ | 3,587,375 |  |  | $ | 6,315,147 |
Condensed Income Statement [Table Text Block] |
|  | Nine Months Ended May 31, 2014 |
|  | Total |  |  | EXCOR |  |  | China |  |  | All Other |
Net sales |  | $ | 88,213,101 |  |  | $ | 29,020,416 |  |  | $ | 11,952,115 |  |  | $ | 47,240,570 |
Gross profit |  |  | 41,609,619 |  |  |  | 15,000,023 |  |  |  | 5,550,166 |  |  |  | 21,059,430 |
Net income |  |  | 9,960,639 |  |  |  | 5,574,387 |  |  |  | 1,543,155 |  |  |  | 1,913,097 |
Company’s share of equity in income of joint ventures |  | $ | 4,416,664 |  |  | $ | 2,787,048 |  |  | $ | 659,684 |  |  | $ | 969,932 |
|  | Nine Months Ended May 31, 2013 |
|  | Total |  |  | EXCOR |  |  | China |  |  | All Other |
Net sales |  | $ | 82,788,711 |  |  | $ | 26,043,775 |  |  | $ | 10,802,206 |  |  | $ | 45,942,730 |
Gross profit |  |  | 39,447,084 |  |  |  | 13,624,792 |  |  |  | 5,134,820 |  |  |  | 20,687,472 |
Net income |  |  | 7,626,711 |  |  |  | 4,954,595 |  |  |  | 815,664 |  |  |  | 1,856,452 |
Company’s share of equity in income of joint ventures |  | $ | 3,733,069 |  |  | $ | 2,478,109 |  |  | $ | 407,809 |  |  | $ | 847,151 |

X
- Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration