XML 54 R41.htm IDEA: XBRL DOCUMENT v3.19.2
Note 6 - Condensed Income Statement of EXCOR and All Other Joint Ventures (Details) - USD ($)
3 Months Ended 9 Months Ended
Aug. 31, 2018
May 31, 2019
May 31, 2018
May 31, 2019
May 31, 2018
Net sales   $ 27,774,112 $ 31,480,885 $ 86,003,918 $ 90,200,146
Gross profit   12,557,580 14,209,819 38,547,018 40,529,217
Net income   3,797,785 4,540,968 11,412,552 11,753,467
NTIC’s share of equity in income from joint ventures   1,877,410 2,246,066 5,596,788 5,793,391
NTIC’s dividends received from joint ventures $ 3,822,785 1,795,542 1,168,420   2,941,807
EXCOR [Member]          
Net sales   10,933,386 12,219,414 34,895,042 35,450,664
Gross profit   6,129,046 6,823,609 19,118,704 19,315,099
Net income   2,707,342 3,113,660 8,187,467 8,272,237
NTIC’s share of equity in income from joint ventures   1,353,856 1,558,243 4,094,763 4,138,814
NTIC’s dividends received from joint ventures 2,517,450 1,673,700 581,250   1,780,392
All Other [Member]          
Net sales   16,840,726 19,261,471 51,108,876 54,749,482
Gross profit   6,428,534 7,386,210 19,428,314 21,214,118
Net income   1,090,443 1,427,308 3,225,085 3,481,230
NTIC’s share of equity in income from joint ventures   523,554 687,823 $ 1,502,025 1,654,577
NTIC’s dividends received from joint ventures $ 1,305,335 $ 121,842 $ 587,170   $ 1,161,415