XML 45 R25.htm IDEA: XBRL DOCUMENT
v3.20.4

Note 1 - Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Nov. 30, 2020
Notes Tables |
Schedule of Sales-type Leases [Table Text Block] |
|  | November 30, 2020 |  |  | November 30, 2019 |
Minimum lease receivable, current |  | $ | 29,002 |  |  | $ | 162,425 |
Unearned interest income, current |  |  | (650 | ) |  |  | (14,420 | )
Net investment in sales-type leases, current |  | $ | 28,352 |  |  | $ | 148,005 |
Minimum lease receivable, long-term |  | $ | - |  |  | $ | 5,851 |
Unearned interest income, long-term |  |  | - |  |  |  | (69 | )
Net investment in sales-type leases, long-term |  | $ | - |  |  | $ | 5,782 |
Sales-type and Direct Financing Leases, Lease Receivable, Maturity [Table Text Block] |
Year Ending November 30, |  | Amount |
2021 |  |  | 29,002 |
Total |  | $ | 29,002 |
Lessee, Operating Leases, Assets and Liabilities [Table Text Block] |
|  | November 30, 2020 |
Operating lease right-of-use assets |  | $ | 27,879 |
Current portion of operating lease liabilities |  | $ | 9,537 |
Long-term portion of operating lease liabilities |  |  | 18,342 |
Total operating lease liabilities |  | $ | 27,879 |
Lessee, Operating Lease, Liability, Maturity [Table Text Block] |
Year Ending November 30, |  |  |  |
2021 |  |  | 10,847 |
2022 |  |  | 10,847 |
2023 |  |  | 6,911 |
2024 |  |  | 1,630 |
Total lease payments |  |  | 30,236 |
Less imputed interest |  |  | (2,356 | )
Total operating lease liabilities |  |  | 27,879 |
Disaggregation of Revenue [Table Text Block] |
|  | Twelve Months Ended November 30, 2020 |
|  | Agricultural |  |  | Modular Buildings |  |  | Tools |  |  | Total |
Farm equipment |  | $ | 10,149,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 10,149,000 |
Farm equipment service parts |  |  | 2,519,000 |  |  |  | - |  |  |  | - |  |  |  | 2,519,000 |
Steel cutting tools and inserts |  |  | - |  |  |  | - |  |  |  | 2,308,000 |  |  |  | 2,308,000 |
Modular buildings |  |  | - |  |  |  | 6,517,000 |  |  |  | - |  |  |  | 6,517,000 |
Modular building lease income |  |  | - |  |  |  | 318,000 |  |  |  | - |  |  |  | 318,000 |
Other |  |  | 417,000 |  |  |  | 158,000 |  |  |  | 23,000 |  |  |  | 598,000 |
|  | $ | 13,085,000 |  |  | $ | 6,993,000 |  |  | $ | 2,331,000 |  |  | $ | 22,409,000 |
|  | Twelve Months Ended November 30, 2019 |
|  | Agricultural |  |  | Modular Buildings |  |  | Tools |  |  | Total |
Farm equipment |  | $ | 10,435,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 10,435,000 |
Farm equipment service parts |  |  | 2,638,000 |  |  |  | - |  |  |  | - |  |  |  | 2,638,000 |
Steel cutting tools and inserts |  |  | - |  |  |  | - |  |  |  | 2,086,000 |  |  |  | 2,086,000 |
Modular buildings |  |  | - |  |  |  | 6,460,000 |  |  |  | - |  |  |  | 6,460,000 |
Modular building lease income |  |  | - |  |  |  | 674,000 |  |  |  | - |  |  |  | 674,000 |
Other |  |  | 435,000 |  |  |  | 126,000 |  |  |  | 35,000 |  |  |  | 596,000 |
|  | $ | 13,508,000 |  |  | $ | 7,260,000 |  |  | $ | 2,121,000 |  |  | $ | 22,889,000 |
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block] |
|  | November 30, 2020 |  |  | November 30, 2019 |
Receivables |  | $ | 2,391,000 |  |  | $ | 1,680,000 |
Assets |  |  | 56,000 |  |  |  | 727,000 |
Liabilities |  |  | 276,000 |  |  |  | 89,000 |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
|  | For the Twelve Months Ended |
|  | November 30, 2020 |  |  | November 30, 2019 |
Numerator for basic and diluted net income (loss) per share: |  |  |  |  |  |  |  |
Net income (loss) |  | $ | (2,103,486 | ) |  | $ | (1,419,586 | )
Denominator: |  |  |  |  |  |  |  |
For basic net income (loss) per share - weighted average common shares outstanding |  |  | 4,393,887 |  |  |  | 4,277,375 |
Effect of dilutive stock options |  |  | - |  |  |  | - |
For diluted net income (loss) per share - weighted average common shares outstanding |  |  | 4,393,887 |  |  |  | 4,277,375 |
Net Income (Loss) per share - Basic: |  |  |  |  |  |  |  |
Net Income (Loss) per share |  | $ | (0.48 | ) |  | $ | (0.33 | )
Net Income (Loss) per share - Diluted: |  |  |  |  |  |  |  |
Net Income (Loss) per share |  | $ | (0.48 | ) |  | $ | (0.33 | )

X
- Definition The tabular disclosure for assets and liabilities for operating leases of the lessee. + References No definition available. + Details
Name: | artw_LesseeOperatingLeasesAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | artw_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of sales-type leases. + References No definition available. + Details
Name: | artw_ScheduleOfSalestypeLeasesTableTextBlock
Namespace Prefix: | artw_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121576215&loc=SL77919391-209981 + Details
Name: | us-gaap_SalesTypeAndDirectFinancingLeasesLeaseReceivableMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration