XML 48 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 3 - Business Combinations - Assets Acquired and Liabilities Assumed by Worthington (Details) - USD ($)
3 Months Ended
May 04, 2018
Jun. 30, 2018
Jun. 30, 2017
Consideration paid   $ 3,325,700 $ 2,900,000
Worthington Aviation Parts, Inc [Member]      
Accounts receivable $ 1,929,120    
Inventories 4,564,437    
Other current assets 149,792    
Property and equipment 391,892    
Investment in JVs 189,607    
Total assets 7,362,848    
Accounts payable 1,289,150    
Accrued expenses 175,222    
Deferred tax liability 589,000    
Total liabilities 2,053,372    
Net Assets Acquired 5,309,476    
Consideration paid 3,350,000    
Less: Cash acquired (24,301)    
Bargain purchase gain 1,983,777    
Worthington Aviation Parts, Inc [Member] | Trade Names [Member]      
Intangible assets - tradename $ 138,000