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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Feb. 24, 2012
Feb. 25, 2011
Consolidated Statements of Income and Comprehensive Income    
Net sales $ 66,294 $ 55,451
Cost of goods sold 42,763 33,661
Gross profit 23,531 21,790
Operating expenses:    
Selling and marketing 5,481 4,630
General and administrative 8,513 7,208
Research and development 1,400 1,662
Total Operating expenses 15,394 13,500
Operating income 8,137 8,290
Other expenses:    
Interest expense, net 734 824
Other (income) expense, net 85 589
Total Other expenses 649 1,413
Income before income taxes 7,488 6,877
Income tax provision (benefit) 2,620 (7,665)
Net income 4,868 14,542
Expense (income) attributable to non-controlling interest 5 (8)
Net income attributable to Environmental Tectonics Corporation 4,873 14,534
Foreign currency translation adjustment (133) 59
Comprehensive income 4,740 14,593
Preferred Stock dividend (2,208) (2,278)
Income attributable to common and participating shareholders $ 2,665 $ 12,256
Distributed earnings per share:    
Common (in dollars per share) $ 0 $ 0
Preferred (in dollars per share) $ 0.20 $ 0.20
Undistributed earnings per share:    
Common (in dollars per share) $ 0.13 $ 0.60
Preferred (in dollars per share) $ 0.13 $ 0.60
Diluted earnings per share (in dollars per share) $ 0.13 $ 0.59
Basic weighted average common and participating shares:    
Common weighted average number of shares (in shares) 9,114 9,091
Participating preferred shares (in shares) 11,095 11,440
Total basic weighted average common and participating shares (in shares) 20,209 20,531
Diluted weighted average common shares:    
Basic weighted average common and participating shares (in shares) 20,209 20,531
Dilutive effect of stock warrants and options (in shares) 288 367
Total diluted weighted average shares (in shares) 20,497 20,898