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ARTS WAY MANUFACTURING CO INC: 10-Q filed 2023-07-13

What ARTS WAY MANUFACTURING CO INC reported in its quarterly report filed 2023-07-13 (fiscal Q2 2023): 45 published measures, 122 facts as tagged in accession 0001437749-23-019854.

This filing

Form
10-Q (quarterly report)
Filed
2023-07-13
Fiscal period
fiscal Q2 2023
Accession
0001437749-23-019854 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.

PeriodValueUnitDays
At 2023-05-3125,470,337USD
At 2022-11-3023,948,314USD

Total liabilities

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

PeriodValueUnitDays
At 2023-05-3113,597,183USD
At 2022-11-3012,797,677USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-05-3111,873,154USD
At 2022-11-3011,150,637USD
At 2022-05-3110,305,544USD
At 2021-11-3010,354,447USD

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.

PeriodValueUnitDays
At 2023-05-312,298USD
At 2022-11-305,055USD

Net income or loss

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

PeriodValueUnitDays
2023-03-01 to 2023-05-31306,664USD92
2022-12-01 to 2023-05-31648,874USD182
2022-03-01 to 2022-05-31175,353USD92
2021-12-01 to 2022-05-31-231,136USD182

Operating cash flow

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

PeriodValueUnitDays
2022-12-01 to 2023-05-31-623,472USD182
2021-12-01 to 2022-05-31-281,197USD182

Capital expenditure payments

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

PeriodValueUnitDays
2022-12-01 to 2023-05-31639,833USD182
2021-12-01 to 2022-05-31509,097USD182

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2023-03-01 to 2023-05-319,007,874USD92
2022-12-01 to 2023-05-3116,902,659USD182
2022-03-01 to 2022-05-317,275,353USD92
2021-12-01 to 2022-05-3112,888,420USD182

Financing cash flow

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

PeriodValueUnitDays
2022-12-01 to 2023-05-31973,733USD182
2021-12-01 to 2022-05-31783,311USD182

Investing cash flow

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

PeriodValueUnitDays
2022-12-01 to 2023-05-31-353,018USD182
2021-12-01 to 2022-05-31-499,797USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-05-317,403,158USD
At 2022-11-306,754,284USD

Basic weighted-average shares

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

PeriodValueUnitDays
2023-03-01 to 2023-05-315,014,050shares92
2022-12-01 to 2023-05-314,995,708shares182
2022-03-01 to 2022-05-314,629,331shares92
2021-12-01 to 2022-05-314,599,743shares182

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.

PeriodValueUnitDays
2023-03-01 to 2023-05-315,014,050shares92
2022-12-01 to 2023-05-314,995,708shares182
2022-03-01 to 2022-05-314,629,331shares92
2021-12-01 to 2022-05-314,599,743shares182

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.

PeriodValueUnitDays
2023-03-01 to 2023-05-310.06USD/shares92
2022-12-01 to 2023-05-310.13USD/shares182
2022-03-01 to 2022-05-310.04USD/shares92
2021-12-01 to 2022-05-31-0.05USD/shares182

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.

PeriodValueUnitDays
2023-03-01 to 2023-05-310.06USD/shares92
2022-12-01 to 2023-05-310.13USD/shares182
2022-03-01 to 2022-05-310.04USD/shares92
2021-12-01 to 2022-05-31-0.05USD/shares182

Income tax expense or benefit

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

PeriodValueUnitDays
2023-03-01 to 2023-05-3181,518USD92
2022-12-01 to 2023-05-31172,700USD182
2022-03-01 to 2022-05-3146,894USD92
2021-12-01 to 2022-05-31-61,749USD182

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.

PeriodValueUnitDays
At 2023-05-316,293,148USD
At 2022-11-306,178,917USD

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.

PeriodValueUnitDays
2022-12-01 to 2023-05-31137,638USD182
2021-12-01 to 2022-05-31157,465USD182

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.

PeriodValueUnitDays
2023-03-01 to 2023-05-31418,610USD92
2022-12-01 to 2023-05-31967,196USD182
2022-03-01 to 2022-05-31321,093USD92
2021-12-01 to 2022-05-31-115,784USD182

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.

PeriodValueUnitDays
At 2023-05-3115,863,577USD
At 2022-11-3014,133,429USD

Interest expense

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

PeriodValueUnitDays
2023-03-01 to 2023-05-31163,021USD92
2022-12-01 to 2023-05-31290,527USD182
2022-03-01 to 2022-05-3197,392USD92
2021-12-01 to 2022-05-31174,096USD182

Current liabilities

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

PeriodValueUnitDays
At 2023-05-319,888,022USD
At 2022-11-309,267,289USD

Current accounts payable

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

PeriodValueUnitDays
At 2023-05-312,257,058USD
At 2022-11-302,630,966USD

Net current accounts receivable

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

PeriodValueUnitDays
At 2023-05-313,936,349USD
At 2022-11-302,722,298USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2022-12-01 to 2023-05-3163,995USD182
2021-12-01 to 2022-05-3192,432USD182

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.

PeriodValueUnitDays
2023-03-01 to 2023-05-311,912,044USD92
2022-12-01 to 2023-05-313,712,580USD182
2022-03-01 to 2022-05-311,872,065USD92
2021-12-01 to 2022-05-313,501,085USD182

Net inventory

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

PeriodValueUnitDays
At 2023-05-3111,382,211USD
At 2022-11-3010,611,552USD

Gross profit

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

PeriodValueUnitDays
2023-03-01 to 2023-05-312,330,654USD92
2022-12-01 to 2023-05-314,679,777USD182
2022-03-01 to 2022-05-312,193,158USD92
2021-12-01 to 2022-05-313,385,301USD182

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.

PeriodValueUnitDays
At 2023-05-314,683,838USD
At 2022-11-304,547,172USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2023-05-3129,111USD
At 2022-11-3034,931USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2023-05-3129,111USD
At 2022-11-3034,931USD

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.

PeriodValueUnitDays
At 2023-05-312,952,391USD
At 2022-11-303,001,919USD

Other noncurrent assets

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

PeriodValueUnitDays
At 2023-05-31666,258USD
At 2022-11-30630,248USD

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.

PeriodValueUnitDays
At 2023-05-311,234,662USD
At 2022-11-301,283,204USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2023-05-31561,820USD
At 2022-11-30828,565USD

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.

PeriodValueUnitDays
2023-03-01 to 2023-05-31388,183USD92
2022-12-01 to 2023-05-31821,574USD182
2022-03-01 to 2022-05-31222,247USD92
2021-12-01 to 2022-05-31-292,885USD182

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.

PeriodValueUnitDays
2023-03-01 to 2023-05-311,194,711USD92
2022-12-01 to 2023-05-312,272,686USD182
2022-03-01 to 2022-05-311,097,350USD92
2021-12-01 to 2022-05-312,105,143USD182

Depreciation, depletion and amortization

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

PeriodValueUnitDays
2022-12-01 to 2023-05-31488,806USD182
2021-12-01 to 2022-05-31350,435USD182

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.

PeriodValueUnitDays
2023-03-01 to 2023-05-31132,513USD92
2022-12-01 to 2023-05-31144,905USD182
2022-03-01 to 2022-05-31-1,454USD92
2021-12-01 to 2022-05-31-3,005USD182

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.

PeriodValueUnitDays
2023-03-01 to 2023-05-31-30,428USD92
2022-12-01 to 2023-05-31-145,622USD182
2022-03-01 to 2022-05-31-98,846USD92
2021-12-01 to 2022-05-31-177,101USD182

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.

PeriodValueUnitDays
2022-12-01 to 2023-05-31167,213USD182
2021-12-01 to 2022-05-31-63,744USD182

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2022-12-01 to 2023-05-31268,997USD182
2021-12-01 to 2022-05-31155,385USD182

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.

PeriodValueUnitDays
2022-12-01 to 2023-05-311,216,037USD182
2021-12-01 to 2022-05-31-185,551USD182

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.

PeriodValueUnitDays
2022-12-01 to 2023-05-31744,760USD182
2021-12-01 to 2022-05-311,479,479USD182

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.

PeriodValueUnitDays
2022-12-01 to 2023-05-31-373,908USD182
2021-12-01 to 2022-05-31787,195USD182

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.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
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"])))