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Air T, Inc.: 10-Q filed 2019-08-14

What Air T, Inc. reported in its quarterly report filed 2019-08-14 (fiscal Q1 2020): 50 published measures, 111 facts as tagged in accession 0001628280-19-010749.

This filing

Form
10-Q (quarterly report)
Filed
2019-08-14
Fiscal period
fiscal Q1 2020
Accession
0001628280-19-010749 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 Air T, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2019-06-30133,650,942USD
At 2019-03-31115,142,137USD

Total liabilities

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

PeriodValueUnitDays
At 2019-06-30105,978,135USD
At 2019-03-3186,308,373USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-06-3019,941,880USD
At 2019-03-3124,358,392USD

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 2019-06-3016,196,626USD
At 2019-03-3112,524,321USD

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
2019-04-01 to 2019-06-301,782,352USD91
2018-04-01 to 2019-03-311,339,995USD365
2018-04-01 to 2018-06-302,828,694USD91
2017-04-01 to 2018-03-312,277,109USD365

Operating cash flow

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

PeriodValueUnitDays
2019-04-01 to 2019-06-305,387,556USD91
2018-04-01 to 2018-06-3014,716,934USD91

Capital expenditure payments

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

PeriodValueUnitDays
2019-04-01 to 2019-06-30297,967USD91
2018-04-01 to 2018-06-30459,575USD91

Revenue

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

PeriodValueUnitDays
2019-04-01 to 2019-06-3055,704,535USD91
2018-04-01 to 2018-06-3060,867,469USD91

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2019-04-01 to 2019-06-3055,704,535USD91
2018-04-01 to 2018-06-3060,867,469USD91

Financing cash flow

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

PeriodValueUnitDays
2019-04-01 to 2019-06-302,008,195USD91
2018-04-01 to 2018-06-30-7,309,902USD91

Investing cash flow

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

PeriodValueUnitDays
2019-04-01 to 2019-06-30-3,780,514USD91
2018-04-01 to 2018-06-30-6,716,648USD91

Retained earnings or deficit

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

PeriodValueUnitDays
At 2019-06-3017,970,387USD
At 2019-03-3121,191,126USD

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
2019-04-01 to 2019-06-302,252,698shares91
2018-04-01 to 2019-03-313,052,124shares365
2018-04-01 to 2018-06-303,065,411shares91
2017-04-01 to 2018-03-313,064,209shares365

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
2019-04-01 to 2019-06-302,256,868shares91
2018-04-01 to 2019-03-313,059,838shares365
2018-04-01 to 2018-06-303,074,547shares91
2017-04-01 to 2018-03-313,071,528shares365

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
2019-04-01 to 2019-06-300.79USD/shares91
2018-04-01 to 2019-03-310.44USD/shares365
2018-04-01 to 2018-06-300.92USD/shares91
2017-04-01 to 2018-03-310.74USD/shares365

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
2019-04-01 to 2019-06-300.79USD/shares91
2018-04-01 to 2019-03-310.44USD/shares365
2018-04-01 to 2018-06-300.92USD/shares91
2017-04-01 to 2018-03-310.74USD/shares365

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
2019-04-01 to 2019-06-30-324,000USD91
2018-04-01 to 2018-06-30387,000USD91

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 2019-06-304,752,051USD
At 2019-03-314,817,912USD

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
2019-04-01 to 2019-06-301,211,699USD91
2018-04-01 to 2018-06-302,603,702USD91

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 2019-06-3088,916,032USD
At 2019-03-3171,348,113USD

Interest expense

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

PeriodValueUnitDays
2019-04-01 to 2019-06-301,023,622USD91
2018-04-01 to 2018-06-30707,199USD91

Current liabilities

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

PeriodValueUnitDays
At 2019-06-3060,391,189USD
At 2019-03-3152,794,010USD

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 2019-06-3013,296,498USD
At 2019-03-3112,552,724USD

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.

PeriodValueUnitDays
At 2019-06-304,417,605USD
At 2019-03-314,417,605USD

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 2019-06-3023,723,077USD
At 2019-03-3119,077,248USD

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
2019-04-01 to 2019-06-30126,317USD91
2018-04-01 to 2018-06-300USD91

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
2019-04-01 to 2019-06-3054,492,836USD91
2018-04-01 to 2018-06-3058,263,767USD91

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 2019-06-3036,528,777USD
At 2019-03-3129,967,037USD

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.

PeriodValueUnitDays
At 2019-06-303,015,087shares
At 2019-03-312,022,637shares

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 2019-06-301,629,202USD
At 2019-03-312,866,695USD

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.

PeriodValueUnitDays
At 2019-06-30-411,479USD
At 2019-03-31-205,086USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2019-06-3020,987,807USD
At 2019-03-3123,357,764USD
At 2018-06-3027,073,179USD
At 2018-03-3124,243,084USD

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 2019-06-3010,071,405USD
At 2019-03-310USD

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 2019-06-3010,558,383USD

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 2019-06-3064,060,061USD
At 2019-03-3157,652,989USD

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.

PeriodValueUnitDays
At 2019-06-305,977,699USD
At 2019-03-315,665,498USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2019-06-301,161,111USD
At 2019-03-311,225,257USD

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 2019-06-30297,507USD
At 2019-03-31491,328USD

Other noncurrent liabilities

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

PeriodValueUnitDays
At 2019-06-301,229,495USD
At 2019-03-31596,598USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2019-06-301,795,614USD
At 2019-03-311,880,126USD

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
2019-04-01 to 2019-06-303,831,659USD91
2018-04-01 to 2018-06-303,669,111USD91

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2019-04-01 to 2019-06-304,155,659USD91
2018-04-01 to 2018-06-303,282,111USD91

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-301,575,959USD91
2018-04-01 to 2018-06-302,859,202USD91

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
2019-04-01 to 2019-06-3010,919,320USD91
2018-04-01 to 2018-06-308,584,803USD91

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
2019-04-01 to 2019-06-302,033,286USD91
2018-04-01 to 2018-06-301,495,401USD91

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
2019-04-01 to 2019-06-302,619,960USD91
2018-04-01 to 2018-06-301,065,409USD91

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
2019-04-01 to 2019-06-30678,610USD91
2018-04-01 to 2018-06-30629,264USD91

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
2019-04-01 to 2019-06-304,254,064USD91
2018-04-01 to 2018-06-30-29,564USD91

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
2019-04-01 to 2019-06-30-2,374,836USD91
2018-04-01 to 2018-06-30-11,319,597USD91

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
2019-04-01 to 2019-06-302,801,237USD91
2018-04-01 to 2018-06-303,942,185USD91

Inspect the source

Entity
Air T, Inc. / CIK 0000353184
Captured
2026-09-19T14:57:14.758Z
SEC response SHA-256
e5a6e4e2c7cb824730128b3d61afc51f908574fc554f8350b2f32dc294e3d5a6

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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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000353184.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"])))