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Note 21 - Quarterly Information (Unaudited) (Tables) | 12 Months Ended
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Aug. 31, 2015
Notes Tables |
Schedule of Quarterly Financial Information [Table Text Block] |
|  | Fiscal Quarter Ended
|  | November 30 |  | February 28 |  | May 31 |  | August 31
Fiscal year 2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 7,214,095 |  |  | $ | 6,728,709 |  |  | $ | 8,277,575 |  |  | $ | 8,102,314 |
Gross profit |  |  | 2,407,484 |  |  |  | 2,070,969 |  |  |  | 2,682,368 |  |  |  | 2,605,940 |
Income before income tax expense |  |  | 1,647,780 |  |  |  | 139,149 |  |  |  | 1,183,180 |  |  |  | 195,925 |
Income tax expense |  |  | 183,684 |  |  |  | 197,614 |  |  |  | 114,180 |  |  |  | 153,196 |
Net income (loss) |  |  | 1,464,096 |  |  |  | (58,465 | ) |  |  | 1,069,000 |  |  |  | 42,729 |
Net income attributable to non-controlling interests |  |  | 455,831 |  |  |  | 70,179 |  |  |  | 163,565 |  |  |  | 38,214 |
Net income (loss) attributable to NTIC |  |  | 1,008,265 |  |  |  | (128,644 | ) |  |  | 905,435 |  |  |  | 4,515 |
Net income (loss) per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.22 |  |  | $ | (0.03 | ) |  | $ | 0.20 |  |  | $ | 0.00 |
Diluted |  | $ | 0.22 |  |  | $ | (0.03 | ) |  | $ | 0.20 |  |  | $ | 0.00 |
Weighted average common shares assumed outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 4,518,973 |  |  |  | 4,522,514 |  |  |  | 4,525,109 |  |  |  | 4,529,251 |
Diluted |  |  | 4,659,621 |  |  |  | 4,522,514 |  |  |  | 4,594,992 |  |  |  | 4,585,196 |
|  | Fiscal Quarter Ended
|  | November 30 |  | February 28 |  | May 31 |  | August 31
Fiscal year 2014: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 6,309,100 |  |  | $ | 6,219,008 |  |  | $ | 6,920,820 |  |  | $ | 7,377,180 |
Gross profit |  |  | 2,151,069 |  |  |  | 2,167,175 |  |  |  | 2,251,498 |  |  |  | 2,453,213 |
Income before income tax expense |  |  | 1,502,418 |  |  |  | 1,643,828 |  |  |  | 1,759,537 |  |  |  | 1,757,291 |
Income tax expense |  |  | 198,000 |  |  |  | 259,759 |  |  |  | 361,280 |  |  |  | 305,623 |
Net income |  |  | 1,304,418 |  |  |  | 1,384,069 |  |  |  | 1,398,257 |  |  |  | 1,451,668 |
Net income attributable to non-controlling interests |  |  | 445,832 |  |  |  | 359,025 |  |  |  | 418,040 |  |  |  | 209,143 |
Net income attributable to NTIC |  |  | 858,586 |  |  |  | 1,025,044 |  |  |  | 980,217 |  |  |  | 1,242,527 |
Net income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.19 |  |  | $ | 0.23 |  |  | $ | 0.22 |  |  | $ | 0.28 |
Diluted |  | $ | 0.19 |  |  | $ | 0.22 |  |  | $ | 0.21 |  |  | $ | 0.27 |
Weighted average common shares assumed outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 4,434,770 |  |  |  | 4,434,837 |  |  |  | 4,461,880 |  |  |  | 4,487,478 |
Diluted |  |  | 4,552,669 |  |  |  | 4,579,603 |  |  |  | 4,590,344 |  |  |  | 4,592,208 |

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
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