ARTS WAY MANUFACTURING CO INC: 10-K filed 2017-02-02

Name: ARTS WAY MANUFACTURING CO INC: 10-K filed 2017-02-02
Creator: ARTS WAY MANUFACTURING CO INC

What ARTS WAY MANUFACTURING CO INC reported in its annual report filed 2017-02-02 (fiscal FY 2016): 48 published measures, 97 facts as tagged in accession 0001437749-17-001528.

This filing

Form: 10-K (annual report)
Filed: 2017-02-02
Fiscal period: fiscal FY 2016
Accession: 0001437749-17-001528 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All ARTS WAY MANUFACTURING CO INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2016-11-30	27,242,590	USD
At 2015-11-30	31,331,608	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2016-11-30	9,766,311	USD
At 2015-11-30	12,811,742	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2016-11-30	17,476,279	USD
At 2015-11-30	18,519,866	USD
At 2014-11-30	19,251,656	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2016-11-30	1,063,716	USD
At 2015-11-30	447,231	USD
At 2014-11-30	511,716	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-821,334	USD	366
2014-12-01 to 2015-11-30	-557,842	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	2,381,776	USD	366
2014-12-01 to 2015-11-30	284,931	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	274,089	USD	366
2014-12-01 to 2015-11-30	238,923	USD	365

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-2,681,837	USD	366
2014-12-01 to 2015-11-30	-95,779	USD	365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	916,546	USD	366
2014-12-01 to 2015-11-30	-253,637	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2016-11-30	14,990,911	USD
At 2015-11-30	15,812,245	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	4,097,748	shares	366
2014-12-01 to 2015-11-30	4,058,382	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	4,097,748	shares	366
2014-12-01 to 2015-11-30	4,058,382	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-0.2	USD/shares	366
2014-12-01 to 2015-11-30	-0.14	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-0.2	USD/shares	366
2014-12-01 to 2015-11-30	-0.14	USD/shares	365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-96,601	USD	366
2014-12-01 to 2015-11-30	-200,851	USD	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2016-11-30	7,387,187	USD
At 2015-11-30	7,824,263	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	79,979	USD	366
2014-12-01 to 2015-11-30	28,484	USD	365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-431,447	USD	366
2014-12-01 to 2015-11-30	-76,812	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2016-11-30	17,621,919	USD
At 2015-11-30	19,962,319	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	248,580	USD	366
2014-12-01 to 2015-11-30	302,281	USD	365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2016-11-30	7,056,506	USD
At 2015-11-30	7,338,114	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2016-11-30	469,481	USD
At 2015-11-30	495,867	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2016-11-30	375,000	USD
At 2015-11-30	375,000	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2016-11-30	1,420,051	USD
At 2015-11-30	1,882,528	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	5,751,330	USD	366
2014-12-01 to 2015-11-30	6,988,580	USD	365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2016-11-30	13,529,352	USD
At 2015-11-30	15,184,436	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	5,319,883	USD	366
2014-12-01 to 2015-11-30	6,911,768	USD	365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	140,000	USD	366
2014-12-01 to 2015-11-30	162,000	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2016-11-30	4,109,052	shares
At 2015-11-30	4,061,052	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2016-11-30	2,746,509	USD
At 2015-11-30	2,667,010	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2016-11-30	-302,232	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2016-11-30	3,911,001	USD
At 2015-11-30	5,949,329	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2016-11-30	19,742,993	USD
At 2015-11-30	20,667,681	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2016-11-30	12,355,806	USD
At 2015-11-30	12,843,418	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2016-11-30	42,956	USD
At 2015-11-30	53,945	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2016-11-30	1,019,056	USD
At 2015-11-30	1,191,364	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-522,783	USD	366
2014-12-01 to 2015-11-30	-510,500	USD	365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-1,123,566	USD	366
2014-12-01 to 2015-11-30	-557,842	USD	365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	3,437,591	USD	366
2014-12-01 to 2015-11-30	3,884,066	USD	365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	671,967	USD	366
2014-12-01 to 2015-11-30	821,990	USD	365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	671,967	USD	366
2014-12-01 to 2015-11-30	821,990	USD	365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	157,244	USD	366
2014-12-01 to 2015-11-30	-131,407	USD	365

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-91,336	USD	366
2014-12-01 to 2015-11-30	-433,688	USD	365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-288,935	USD	366
2014-12-01 to 2015-11-30	-126,301	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-29,939	USD	366
2014-12-01 to 2015-11-30	-180,919	USD	365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-458,542	USD	366
2014-12-01 to 2015-11-30	-936,665	USD	365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-1,655,084	USD	366
2014-12-01 to 2015-11-30	572,388	USD	365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2015-12-01 to 2016-11-30	-26,386	USD	366
2014-12-01 to 2015-11-30	-317,391	USD	365

Inspect the source

Entity: ARTS WAY MANUFACTURING CO INC / CIK 0000007623
Captured: 2026-09-19T11:13:05.457Z
SEC response SHA-256: 642316204a8251793777927d8ea1c112fd2c64659688be38c21ab9826d31e8a2

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000007623.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))