XML 19 R9.htm IDEA: XBRL DOCUMENT
v3.22.2

Note 3 - Disaggregation of Revenue | 6 Months Ended
--- | ---
May 31, 2022
Notes to Financial Statements |
Revenue from Contract with Customer [Text Block] |
| 3) | Disaggregation of Revenue
The following table displays revenue by reportable segment from external customers, disaggregated by major source. The Company believes disaggregating by these categories depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors.
|  | Three Months Ended May 31, 2022 |
|  | Agricultural |  |  | Modular Buildings |  |  | Tools |  |  | Total |
Farm equipment |  | $ | 4,530,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 4,530,000 |
Farm equipment service parts |  |  | 676,000 |  |  |  | - |  |  |  | - |  |  |  | 676,000 |
Steel cutting tools and inserts |  |  | - |  |  |  | - |  |  |  | 738,000 |  |  |  | 738,000 |
Modular buildings |  |  | - |  |  |  | 1,157,000 |  |  |  | - |  |  |  | 1,157,000 |
Modular building lease income |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other |  |  | 110,000 |  |  |  | 52,000 |  |  |  | 12,000 |  |  |  | 174,000 |
|  | $ | 5,316,000 |  |  | $ | 1,209,000 |  |  | $ | 750,000 |  |  | $ | 7,275,000 |
|  | Three Months Ended May 31, 2021 |
|  | Agricultural |  |  | Modular Buildings |  |  | Tools |  |  | Total |
Farm equipment |  | $ | 3,115,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 3,115,000 |
Farm equipment service parts |  |  | 659,000 |  |  |  | - |  |  |  | - |  |  |  | 659,000 |
Steel cutting tools and inserts |  |  | - |  |  |  | - |  |  |  | 652,000 |  |  |  | 652,000 |
Modular buildings |  |  | - |  |  |  | 1,177,000 |  |  |  | - |  |  |  | 1,177,000 |
Modular building lease income |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other |  |  | 84,000 |  |  |  | 17,000 |  |  |  | 6,000 |  |  |  | 107,000 |
|  | $ | 3,858,000 |  |  | $ | 1,194,000 |  |  | $ | 658,000 |  |  | $ | 5,710,000 |
|  | Six Months Ended May 31, 2022 |
|  | Agricultural |  |  | Modular Buildings |  |  | Tools |  |  | Total |
Farm equipment |  | $ | 8,045,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 8,045,000 |
Farm equipment service parts |  |  | 1,234,000 |  |  |  | - |  |  |  | - |  |  |  | 1,234,000 |
Steel cutting tools and inserts |  |  | - |  |  |  | - |  |  |  | 1,312,000 |  |  |  | 1,312,000 |
Modular buildings |  |  | - |  |  |  | 2,009,000 |  |  |  | - |  |  |  | 2,009,000 |
Modular building lease income |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other |  |  | 198,000 |  |  |  | 68,000 |  |  |  | 22,000 |  |  |  | 288,000 |
|  | $ | 9,477,000 |  |  | $ | 2,077,000 |  |  | $ | 1,334,000 |  |  | $ | 12,888,000 |
|  | Six Months Ended May 31, 2021 |
|  | Agricultural |  |  | Modular Buildings |  |  | Tools |  |  | Total |
Farm equipment |  | $ | 5,892,000 |  |  | $ | - |  |  | $ | - |  |  | $ | 5,892,000 |
Farm equipment service parts |  |  | 1,278,000 |  |  |  | - |  |  |  | - |  |  |  | 1,278,000 |
Steel cutting tools and inserts |  |  | - |  |  |  | - |  |  |  | 1,259,000 |  |  |  | 1,259,000 |
Modular buildings |  |  | - |  |  |  | 2,317,000 |  |  |  | - |  |  |  | 2,317,000 |
Modular building lease income |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other |  |  | 187,000 |  |  |  | 168,000 |  |  |  | 10,000 |  |  |  | 365,000 |
|  | $ | 7,357,000 |  |  | $ | 2,485,000 |  |  | $ | 1,269,000 |  |  | $ | 11,111,000 |
The Company offered floorplan terms in its Agricultural Products segment during its Fall 2021 early order program to incentivize customers to stock farm equipment on their lots. Floorplan terms allow customers to pay the Company at the earliest of retail date or 180 days. This program has an affect on the timing of the Company’s fiscal 2022 cash flows compared with historical cash flows.

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

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI https://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration