XML 72 R51.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 9 - Loan and Credit Agreements (Details) (USD $) | 1 Months Ended |  |  |  | 1 Months Ended |  |  |  | 12 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
May 31, 2013 | Nov. 30, 2013 | Nov. 30, 2012 | Apr. 30, 2013 West Bank Loan 1 [Member] | Apr. 30, 2013 West Bank Loan 2 [Member] | May 31, 2013 US Bank, New Loans [Member] | May 31, 2013 West Bank [Member] | Nov. 30, 2013 US Bank [Member] | May 10, 2012 US Bank [Member] | Nov. 30, 2013 Iowa Finance Authority [Member] | Nov. 30, 2012 Iowa Finance Authority [Member] | Feb. 28, 2013 Iowa Finance Authority [Member] | May 01, 2010 Iowa Finance Authority [Member]
Note 9 - Loan and Credit Agreements (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity (in Dollars) | $ 8,000,000 |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum | 3.50% |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility, Amount Outstanding (in Dollars) |  | 3,350,000 |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility, Borrowing Capacity, Description | The Line of Credit states that the borrowing base will be an amount equal to the sum of 75% of accounts receivable (discounted for aged accounts and customer balances exceeding 20% of aggregate receivables), plus 50% of inventory (this component cannot exceed $6,000,000 and only includes finished goods and raw materials deemed to be in good condition and not obsolete), less any outstanding loan balance of the Line of Credit, and less undrawn amounts of outstanding letters of credit issued by U.S. Bank or any affiliate. |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility, Borrowing Capacity, Borrowing Base, Percentage of Accounts Receivable | 75.00% |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility, Borrowing Capacity, Borrowing Base, Minimum Percentage of Aggregate Receivables | 20.00% |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility, Borrowing Capacity, Borrowing Base, Percentage of Inventory | 50.00% |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility, Borrowing Capacity, Borrowing Base, Maximum Inventory Amount (in Dollars) | 6,000,000 |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt (in Dollars) |  | 7,480,923 | 8,466,134 | 4,342,000 | 1,749,000 |  |  |  |  | 904,662 | 1,027,366 |  |
Debt Instrument, Interest Rate, Stated Percentage |  |  |  | 4.75% | 4.50% | 2.98% |  |  |  | 2.75% | 2.75% | 2.75% | 3.50%
Debt Instrument, Face Amount (in Dollars) |  |  |  |  |  | 6,319,000 |  |  | 880,000 |  |  |  | 1,300,000
Debt Instrument, Periodic Payment (in Dollars) |  |  |  |  |  | 93,850 |  |  |  | 12,500 | 12,500 |  |
Term Loan Final Payment (in Dollars) |  |  |  |  |  | 1,372,000 |  |  | 283,500 |  |  |  |
Debt Instrument, Fee Amount (in Dollars) |  |  |  |  |  |  | 130,000 |  |  |  |  |  |
Debt Issuance Cost (in Dollars) |  |  |  |  |  | $ 9,000 |  |  |  |  |  |  |
Debt Instrument, Covenant, Debt to Tangible Net Worth Ratio |  |  |  |  |  | 1.5 |  |  |  |  |  |  |
Debt Instrument, Covenant, Fixed Charge Coverage Ratio |  |  |  |  |  | 1.15 |  |  |  |  |  |  |
Debt Instrument, Covenant, Interest Rate Increase in Event of Default |  |  |  |  |  | 5.00% |  | 5.00% |  |  |  |  |
Debt Instrument, Covenant, Debt Service Coverage Ratio |  |  |  |  |  |  |  |  |  |  |  | 1.5 |

X
- Definition Debt Instrument, Covenant, Debt Service Coverage Ratio + References No definition available. + Details
Name: | artw_DebtInstrumentCovenantDebtServiceCoverageRatio
Namespace Prefix: | artw_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant, Debt to Tangible Net Worth Ratio + References No definition available. + Details
Name: | artw_DebtInstrumentCovenantDebtToTangibleNetWorthRatio
Namespace Prefix: | artw_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant, Fixed Charge Coverage Ratio + References No definition available. + Details
Name: | artw_DebtInstrumentCovenantFixedChargeCoverageRatio
Namespace Prefix: | artw_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage by which the interest rate on loans and lines of credit would increase upon default under loan covenants. + References No definition available. + Details
Name: | artw_DebtInstrumentCovenantInterestRateIncreaseInEventOfDefault
Namespace Prefix: | artw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum amount of inventory that can be included in the calculation of the line of credit borrowing base. + References No definition available. + Details
Name: | artw_LineOfCreditFacilityBorrowingCapacityBorrowingBaseMaximumInventoryAmount
Namespace Prefix: | artw_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The percentage of aggregate receivables that aged accounts and customer balances must exceed in order to be included in discounted accounts receivable for the calculation of the line of credit borrowing base. + References No definition available. + Details
Name: | artw_LineOfCreditFacilityBorrowingCapacityBorrowingBaseMinimumPercentageOfAggregateReceivables
Namespace Prefix: | artw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of accounts receivable used in the calculation of the line of credit borrowing base amount. + References No definition available. + Details
Name: | artw_LineOfCreditFacilityBorrowingCapacityBorrowingBasePercentageOfAccountsReceivable
Namespace Prefix: | artw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of inventory used in the calculation of the line of credit borrowing base. + References No definition available. + Details
Name: | artw_LineOfCreditFacilityBorrowingCapacityBorrowingBasePercentageOfInventory
Namespace Prefix: | artw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | artw_Note9LoanandCreditAgreementsDetailsLineItems
Namespace Prefix: | artw_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Term Loan Final Payment of Principal and Accrued Interest + References No definition available. + Details
Name: | artw_TermLoanFinalPayment
Namespace Prefix: | artw_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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=6584090&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of the fee that accompanies borrowing money under the debt instrument. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 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 210.5-02.22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentFeeAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 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 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Minimum contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 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 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of the required periodic payments including both interest and principal payments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 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 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentPeriodicPayment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of debt issuance costs (for example, but not limited to, legal, accounting, broker, and regulatory fees). + References No definition available. + Details
Name: | us-gaap_DebtIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount borrowed under the credit facility as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityAmountOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Description of the credit facility's borrowing capacity including discussion of how the borrowing capacity is determined (for example, borrowing capacity based on the amount of current assets). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityBorrowingCapacityDescription
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + 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 210.5-02.19(b),22(b)) -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 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 7 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 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 22 -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant