XML 41 R40.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Note 6 - Long-term Debt (Details) (USD $) | 0 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | ---
Mar. 09, 2012 | Dec. 31, 2008 | Dec. 31, 2014 | Dec. 31, 2013 | Oct. 22, 2008
Note 6 - Long-term Debt (Details) [Line Items] |  |  |  |  |
Long-term Debt and Capital Lease Obligations |  |  | $ 161,555 us-gaap_LongTermDebtAndCapitalLeaseObligations | $ 218,536 us-gaap_LongTermDebtAndCapitalLeaseObligations |
Long-term Debt and Capital Lease Obligations, Current |  |  | 71,713 us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent | 120,349 us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent |
Property, Plant and Equipment, Gross |  |  | 6,965,854 us-gaap_PropertyPlantAndEquipmentGross | 6,297,461 us-gaap_PropertyPlantAndEquipmentGross |
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment |  |  | 4,210,668 us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment | 3,447,708 us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment |
Assets Held under Capital Leases [Member] |  |  |  |  |
Note 6 - Long-term Debt (Details) [Line Items] |  |  |  |  |
Property, Plant and Equipment, Gross |  |  | 1,118,720 us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_AssetsHeldUnderCapitalLeasesMember | 1,061,000 us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_AssetsHeldUnderCapitalLeasesMember |
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment |  |  | 765,000 us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_AssetsHeldUnderCapitalLeasesMember | 570,000 us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_AssetsHeldUnderCapitalLeasesMember |
Term Loan [Member] | Sovereign Term Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] |  |  |  |  |
Note 6 - Long-term Debt (Details) [Line Items] |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate | 3.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_DebtInstrumentAxis = cvu_SovereignTermFacilityMember / us-gaap_LongtermDebtTypeAxis = cvu_TermLoanMember / us-gaap_VariableRateAxis = us-gaap_LondonInterbankOfferedRateLIBORMember |  |  |  |
Term Loan [Member] | Sovereign Term Facility [Member] |  |  |  |  |
Note 6 - Long-term Debt (Details) [Line Items] |  |  |  |  |
Debt Instrument, Face Amount | 4,500,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = cvu_SovereignTermFacilityMember / us-gaap_LongtermDebtTypeAxis = cvu_TermLoanMember |  |  |  | 3,000,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = cvu_SovereignTermFacilityMember / us-gaap_LongtermDebtTypeAxis = cvu_TermLoanMember
Period of Amortization | 5 years | 5 years |  |  |
Debt Instrument, Description of Variable Rate Basis | Sovereign Term Facility 2 bears interest at the lower of LIBOR plus 3% or Sovereign Bank’s prime rate. |  |  |  |
Sovereign Term Facility [Member] | Interest Rate Swap [Member] | London Interbank Offered Rate (LIBOR) [Member] |  |  |  |  |
Note 6 - Long-term Debt (Details) [Line Items] |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate | 3.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_DebtInstrumentAxis = cvu_SovereignTermFacilityMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember / us-gaap_VariableRateAxis = us-gaap_LondonInterbankOfferedRateLIBORMember |  |  |  |
Sovereign Term Facility [Member] | Interest Rate Swap [Member] |  |  |  |  |
Note 6 - Long-term Debt (Details) [Line Items] |  |  |  |  |
Derivative, Remaining Maturity | 5 years |  |  |  |
Derivative Liability, Notional Amount | 4,500,000 us-gaap_DerivativeLiabilityNotionalAmount / us-gaap_DebtInstrumentAxis = cvu_SovereignTermFacilityMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember |  |  |  |
Derivative, Swaption Interest Rate | 4.11%us-gaap_DerivativeSwaptionInterestRate / us-gaap_DebtInstrumentAxis = cvu_SovereignTermFacilityMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember |  |  |  |
Derivative, Average Swaption Interest Rate | 4.11%us-gaap_DerivativeAverageSwaptionInterestRate / us-gaap_DebtInstrumentAxis = cvu_SovereignTermFacilityMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateSwapMember |  |  |  |
Sovereign Term Facility [Member] |  |  |  |  |
Note 6 - Long-term Debt (Details) [Line Items] |  |  |  |  |
Proceeds from Issuance of Long-term Debt |  | 2,500,000 us-gaap_ProceedsFromIssuanceOfLongTermDebt / us-gaap_DebtInstrumentAxis = cvu_SovereignTermFacilityMember |  |  |

X
- Details
Name: | cvu_Note6LongtermDebtDetailsLineItems
Namespace Prefix: | cvu_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the period over which the loan amount needs to be repaid. + References No definition available. + Details
Name: | cvu_PeriodOfAmortization
Namespace Prefix: | cvu_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 14 -Article 5 + Details
Name: | us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Average fixed interest rate that will be received or paid upon exercise of a group of interest rate swaption contracts. + References No definition available. + Details
Name: | us-gaap_DerivativeAverageSwaptionInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Nominal or face amount used to calculate payments on the derivative liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5579245-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Notional Amount -URI http://asc.fasb.org/extlink&oid=6519104 + Details
Name: | us-gaap_DerivativeLiabilityNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Period remaining until the derivative contract matures, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DerivativeRemainingMaturity1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fixed interest rate that will be received or paid upon exercise of the interest rate swaption contract. + References No definition available. + Details
Name: | us-gaap_DerivativeSwaptionInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of long-term debt and capital lease obligation due after one year or beyond the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section H + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt and capital leases due within one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_PropertyPlantAndEquipmentGross
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cvu_SovereignTermFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cvu_TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_AssetsHeldUnderCapitalLeasesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |