XML 65 R51.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Note 9 - Loan and Credit Agreements (Details Textual) |  | 12 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Jul. 16, 2015 USD ($) | Nov. 30, 2015 USD ($) | Nov. 30, 2014 USD ($) | May. 29, 2014 USD ($) | May. 01, 2013 USD ($) | Feb. 01, 2013 | May. 10, 2012 USD ($) | May. 01, 2010 USD ($)
US Bank New Loans [Member] |  |  |  |  |  |  |  |
Debt Instrument, Face Amount |  |  |  |  | $ 6,319,000 |  |  |
Debt Instrument, Interest Rate, Stated Percentage |  |  |  |  | 2.98% |  |  |
Debt Instrument, Periodic Payment |  | $ 93,850 |  |  |  |  |  |
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid |  | $ 1,372,000 |  |  |  |  |  |
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% |  |  |  |  |  |
US Bank [Member] |  |  |  |  |  |  |  |
Debt Instrument, Face Amount |  |  |  | $ 1,000,000 |  |  | $ 880,000 |
Term Loan Final Payment |  |  |  | $ 890,000 |  |  | $ 283,500 |
Debt Instrument Covenant Interest Rate Increase in Event of Default |  | 5.00% |  |  |  |  |  |
The 2015 Line of Credit [Member] | US Bank [Member] |  |  |  |  |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 1,500,000 |  |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum | 3.50% |  |  |  |  |  |  |
Line of Credit Facility, Interest Rate at Period End |  | 3.50% |  |  |  |  |  |
Long-term Line of Credit |  | $ 0 |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | $ 1,500,000 |  |  |  |  |  |
The 2015 Line of Credit [Member] |  |  |  |  |  |  |  |
Debt Instrument Covenant Interest Rate Increase in Event of Default |  | 10.00% |  |  |  |  |  |
Iowa Finance Authority [Member] |  |  |  |  |  |  |  |
Debt Instrument, Face Amount |  |  |  |  |  |  |  | $ 1,300,000
Debt Instrument, Interest Rate, Stated Percentage |  | 2.75% | 3.75% |  |  | 2.75% |  | 3.50%
Debt Instrument, Periodic Payment |  | $ 12,500 | $ 12,500 |  |  |  |  |
Debt Instrument Covenant Debt Service Coverage Ratio |  |  |  |  |  | 1.5 |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | $ 8,000,000 |  |  |  |  |  |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum |  | 3.50% |  |  |  |  |  |
Line of Credit Facility, Interest Rate at Period End |  | 3.50% |  |  |  |  |  |
Long-term Line of Credit |  | $ 3,959,656 |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity |  | $ 3,026,677 |  |  |  |  |  |
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 |  | $ 6,000,000 |  |  |  |  |  |

X
- Definition Debt instrument covenant debt service coverageratio + References No definition available. + Details
Name: | artw_DebtInstrumentCovenantDebtServiceCoverageRatio
Namespace Prefix: | artw_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt instrument covenant debt to tangible net worthratio + References No definition available. + Details
Name: | artw_DebtInstrumentCovenantDebtToTangibleNetWorthRatio
Namespace Prefix: | artw_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt instrument covenant fixed charge coverageratio + References No definition available. + Details
Name: | artw_DebtInstrumentCovenantFixedChargeCoverageRatio
Namespace Prefix: | artw_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt instrument covenant interest rate increase in event of default. + References No definition available. + Details
Name: | artw_DebtInstrumentCovenantInterestRateIncreaseInEventOfDefault
Namespace Prefix: | artw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line of credit facility borrowing capacity borrowing base maximum inventoryamount + References No definition available. + Details
Name: | artw_LineOfCreditFacilityBorrowingCapacityBorrowingBaseMaximumInventoryAmount
Namespace Prefix: | artw_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line of credit facility borrowing capacity borrowing base minimum percentage of aggregatereceivables + References No definition available. + Details
Name: | artw_LineOfCreditFacilityBorrowingCapacityBorrowingBaseMinimumPercentageOfAggregateReceivables
Namespace Prefix: | artw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line of credit facility borrowing capacity borrowing base percentage of accountsreceivable + References No definition available. + Details
Name: | artw_LineOfCreditFacilityBorrowingCapacityBorrowingBasePercentageOfAccountsReceivable
Namespace Prefix: | artw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line of credit facility borrowing capacity borrowing base percentage ofinventory + References No definition available. + Details
Name: | artw_LineOfCreditFacilityBorrowingCapacityBorrowingBasePercentageOfInventory
Namespace Prefix: | artw_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Term loan finalpayment + 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 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 Reference 2: 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 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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 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 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 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 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 payment greater than the preceding installment payments to be paid at final maturity date of debt. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: 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 2: 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 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The effective interest rate at the end of the reporting period. + 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 + Details
Name: | us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

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 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + 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 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

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

X
- Details
Name: | us-gaap_DebtInstrumentAxis=artw_The2015LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=artw_USBankMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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