2022 Q1 Form 10-K Financial Statement

#000035318422000046 Filed on June 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q4
Revenue $51.44M $177.1M $45.43M
YoY Change 10.08% 1.12% -18.61%
Cost Of Revenue $38.07M $135.8M $35.80M
YoY Change 3.87% -3.21% -21.43%
Gross Profit $13.37M $41.24M $9.635M
YoY Change 32.67% 18.59% -6.09%
Gross Profit Margin 25.98% 23.29% 21.21%
Selling, General & Admin $3.813M $29.82M $9.168M
YoY Change -61.82% -12.98% 10.46%
% of Gross Profit 28.53% 72.3% 95.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $714.0K $1.860M $443.0K
YoY Change 52.89% -40.14% -49.66%
% of Gross Profit 5.34% 4.51% 4.6%
Operating Expenses $4.527M $168.3M $45.41M
YoY Change -56.68% -8.67% -17.06%
Operating Profit $8.838M $8.755M $25.00K
YoY Change -2444.3% -195.42% -97.66%
Interest Expense -$1.767M $4.948M $1.236M
YoY Change 27.31% 7.01% 5.46%
% of Operating Profit -19.99% 56.52% 4944.0%
Other Income/Expense, Net -$108.0K $4.641M -$1.496M
YoY Change -117.53% -278.09% -496.82%
Pretax Income $6.504M $13.40M -$1.471M
YoY Change -192.05% -213.71% -201.8%
Income Tax $1.418M $1.169M -$300.0K
% Of Pretax Income 21.8% 8.73%
Net Earnings $4.346M $10.93M -$1.262M
YoY Change -177.4% -250.17% -160.15%
Net Earnings / Revenue 8.45% 6.17% -2.78%
Basic Earnings Per Share $1.51 $3.79 -$0.44
Diluted Earnings Per Share $1.512M $3.78 -$0.44
COMMON SHARES
Basic Shares Outstanding 2.877M shares 2.880M shares 2.882M shares
Diluted Shares Outstanding 2.888M shares 2.882M shares

Balance Sheet

Concept 2022 Q1 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.475M $6.475M $5.206M
YoY Change -47.79% -47.79% -88.58%
Cash & Equivalents $5.616M $5.616M $2.576M
Short-Term Investments $859.0K $859.0K $2.630M
Other Short-Term Assets $14.55M $14.55M $9.861M
YoY Change 38.48% 38.48% -14.99%
Inventory $75.17M $75.17M $76.45M
Prepaid Expenses
Receivables $19.68M $19.68M $10.55M
Other Receivables $12.37M $12.37M $4.735M
Total Short-Term Assets $128.2M $128.2M $106.8M
YoY Change 21.24% 21.24% -27.69%
LONG-TERM ASSETS
Property, Plant & Equipment $21.21M $43.08M $21.33M
YoY Change 149.0% 134.01% -17.01%
Goodwill $10.10M $4.227M
YoY Change 138.94%
Intangibles $13.26M
YoY Change 728.75%
Long-Term Investments $9.864M $9.864M $8.785M
YoY Change 120.42% 120.42% 99.66%
Other Assets $3.031M $3.031M $9.665M
YoY Change -51.64% -61.47% 202.03%
Total Long-Term Assets $79.36M $79.36M $57.00M
YoY Change 126.89% 126.89% 52.0%
TOTAL ASSETS
Total Short-Term Assets $128.2M $128.2M $106.8M
Total Long-Term Assets $79.36M $79.36M $57.00M
Total Assets $207.6M $207.6M $163.8M
YoY Change 47.49% 47.49% -11.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.397M $9.397M $7.952M
YoY Change 12.62% 12.62% -0.6%
Accrued Expenses $13.39M $14.83M $10.30M
YoY Change -5.41% 4.78% -22.59%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.482M $6.482M $2.962M
YoY Change 14.95% 14.95% -93.01%
Total Short-Term Liabilities $30.91M $30.91M $21.21M
YoY Change 9.68% 9.68% -66.7%
LONG-TERM LIABILITIES
Long-Term Debt $129.3M $129.3M $105.4M
YoY Change 57.99% 57.99% 24.04%
Other Long-Term Liabilities $1.342M $8.076M $808.0K
YoY Change -22.52% -8.3% -90.49%
Total Long-Term Liabilities $1.342M $137.4M $808.0K
YoY Change -22.52% 51.55% -99.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.91M $30.91M $21.21M
Total Long-Term Liabilities $1.342M $137.4M $808.0K
Total Liabilities $171.1M $183.0M $134.6M
YoY Change 43.27% 44.06% -18.07%
SHAREHOLDERS EQUITY
Retained Earnings $26.73M $22.28M
YoY Change 64.28%
Common Stock $756.0K $756.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.002M $2.617M
YoY Change 14.71%
Treasury Stock Shares 156.3K shares 140.9K shares
Shareholders Equity $24.61M $24.61M $20.18M
YoY Change
Total Liabilities & Shareholders Equity $207.6M $207.6M $163.8M
YoY Change 47.49% 47.49% -11.56%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $4.346M $10.93M -$1.262M
YoY Change -177.4% -250.17% -160.15%
Depreciation, Depletion And Amortization $714.0K $1.860M $443.0K
YoY Change 52.89% -40.14% -49.66%
Cash From Operating Activities -$13.39M -$33.08M $3.063M
YoY Change -376.68% 1718.8% -394.52%
INVESTING ACTIVITIES
Capital Expenditures -$353.0K $1.530M -$13.77M
YoY Change -85.68% -60.76% 686.91%
Acquisitions $12.80M
YoY Change 2288.81%
Other Investing Activities -$13.49M -$364.0K -$3.399M
YoY Change -354.94% -139.61% -265.8%
Cash From Investing Activities -$13.84M -$33.39M -$17.17M
YoY Change -589.81% -1427.03% -5638.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $3.813M
YoY Change -86.02%
Cash From Financing Activities 30.17M $59.25M 13.65M
YoY Change -174.86% 83356.34% -62.82%
NET CHANGE
Cash From Operating Activities -13.39M -$33.08M 3.063M
Cash From Investing Activities -13.84M -$33.39M -17.17M
Cash From Financing Activities 30.17M $59.25M 13.65M
Net Change In Cash 2.939M -$7.559M -453.0K
YoY Change -109.0% -2223.31% -101.26%
FREE CASH FLOW
Cash From Operating Activities -$13.39M -$33.08M $3.063M
Capital Expenditures -$353.0K $1.530M -$13.77M
Free Cash Flow -$13.04M -$34.61M $16.83M
YoY Change -278.5% 505.35% 2270.99%

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CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1342000 USD
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1732000 USD
CY2022Q1 us-gaap Liabilities
Liabilities
171121000 USD
CY2021Q1 us-gaap Liabilities
Liabilities
119438000 USD
CY2022Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
10761000 USD
CY2021Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
6598000 USD
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.00
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.00
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000 shares
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000 shares
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.25
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.25
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4000000 shares
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3022745 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3022745 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2866418 shares
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2881853 shares
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
756000 USD
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
756000 USD
CY2022Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
156327 shares
CY2021Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
140892 shares
CY2021Q1 airt Treasury Stock Average Price Per Share
TreasuryStockAveragePricePerShare
18.58
CY2022Q1 us-gaap Treasury Stock Value
TreasuryStockValue
3002000 USD
CY2021Q1 us-gaap Treasury Stock Value
TreasuryStockValue
2617000 USD
CY2022Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
393000 USD
CY2021Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 USD
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
26729000 USD
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
16270000 USD
CY2022Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-263000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-684000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
24613000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
13725000 USD
CY2022Q1 us-gaap Minority Interest
MinorityInterest
1104000 USD
CY2021Q1 us-gaap Minority Interest
MinorityInterest
989000 USD
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
25717000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14714000 USD
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
207599000 USD
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
140750000 USD
CY2022 us-gaap Profit Loss
ProfitLoss
12227000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
-8390000 USD
CY2022 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
0 USD
CY2021 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
4000 USD
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
12227000 USD
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-8394000 USD
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1860000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3107000 USD
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1473000 USD
CY2022 airt Gain Loss From Forgiveness Of Paycheck Protection Program Loan
GainLossFromForgivenessOfPaycheckProtectionProgramLoan
8331000 USD
CY2021 airt Gain Loss From Forgiveness Of Paycheck Protection Program Loan
GainLossFromForgivenessOfPaycheckProtectionProgramLoan
0 USD
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
768000 USD
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
6405000 USD
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-876000 USD
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1019000 USD
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12654000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6074000 USD
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
17602000 USD
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
129000 USD
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1050000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2521000 USD
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-485000 USD
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-341000 USD
CY2022 airt Increase Decrease Employee Retention Credit Receivable
IncreaseDecreaseEmployeeRetentionCreditReceivable
9138000 USD
CY2021 airt Increase Decrease Employee Retention Credit Receivable
IncreaseDecreaseEmployeeRetentionCreditReceivable
0 USD
CY2022 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1655000 USD
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
5570000 USD
CY2022 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
40484000 USD
CY2021 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
2487000 USD
CY2022 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-33084000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1823000 USD
CY2022 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
CY2021 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
4000 USD
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-33084000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1819000 USD
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
659000 USD
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
815000 USD
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2452000 USD
CY2022 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
0 USD
CY2021 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
8183000 USD
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
12804000 USD
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
536000 USD
CY2022 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
6797000 USD
CY2021 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 USD
CY2022 airt Payments For Asset Acquisitions
PaymentsForAssetAcquisitions
13408000 USD
CY2021 airt Payments For Asset Acquisitions
PaymentsForAssetAcquisitions
0 USD
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1530000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3899000 USD
CY2022 airt Payments Related To Assets On Lease
PaymentsRelatedToAssetsOnLease
28000 USD
CY2021 airt Payments Related To Assets On Lease
PaymentsRelatedToAssetsOnLease
2106000 USD
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-364000 USD
CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
919000 USD
CY2022 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-33388000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
2516000 USD
CY2022 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
CY2021 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-33388000 USD
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2516000 USD
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
99363000 USD
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
66383000 USD
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
84551000 USD
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
105552000 USD
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
34232000 USD
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
59278000 USD
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3813000 USD
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
27275000 USD
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
8215000 USD
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
11278000 USD
CY2021 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1341000 USD
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2745000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2319000 USD
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
59254000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
71000 USD
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-341000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-412000 USD
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7559000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
356000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15927000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15571000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8368000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15927000 USD
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
13000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
31000 USD
CY2022 airt Equipment Leased To Customers Transferred To Inventory
EquipmentLeasedToCustomersTransferredToInventory
12000 USD
CY2021 airt Equipment Leased To Customers Transferred To Inventory
EquipmentLeasedToCustomersTransferredToInventory
19623000 USD
CY2022 airt Equipment In Inventory Transferred To Assets On Lease
EquipmentInInventoryTransferredToAssetsOnLease
13100000 USD
CY2021 airt Equipment In Inventory Transferred To Assets On Lease
EquipmentInInventoryTransferredToAssetsOnLease
0 USD
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1824000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
1683000 USD
CY2022 us-gaap Interest Paid Net
InterestPaidNet
1523000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
2732000 USD
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
429000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
477000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
25011000 USD
CY2021 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-7293000 USD
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-409000 USD
CY2021 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
2857000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
262000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14714000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14714000 USD
CY2022 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
11043000 USD
CY2022 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
385000 USD
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
393000 USD
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-549000 USD
CY2022 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-531000 USD
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
929000 USD
CY2022 airt Put Option Issued To Co Investor In Cam
PutOptionIssuedToCoInvestorInCAM
1000000 USD
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-41000 USD
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
25717000 USD
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Accounting Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> – The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts of assets and liabilities and amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span>
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2022Q1 us-gaap Goodwill Gross
GoodwillGross
10502000 USD
CY2021Q1 us-gaap Goodwill Gross
GoodwillGross
4603000 USD
CY2022Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
376000 USD
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
376000 USD
CY2022Q1 us-gaap Goodwill
Goodwill
10126000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
4227000 USD
CY2022 airt Pass Through Costs
PassThroughCosts
23000000 USD
CY2021 airt Pass Through Costs
PassThroughCosts
19900000 USD
CY2022Q1 airt Employee Retention Credit Receivable Cares Act
EmployeeRetentionCreditReceivableCARESAct
9100000 USD
CY2022Q1 us-gaap Airline Related Inventory Aircraft Parts
AirlineRelatedInventoryAircraftParts
60439000 USD
CY2021Q1 us-gaap Airline Related Inventory Aircraft Parts
AirlineRelatedInventoryAircraftParts
60516000 USD
CY2022Q1 us-gaap Inventory Gross
InventoryGross
78289000 USD
CY2021Q1 us-gaap Inventory Gross
InventoryGross
74073000 USD
CY2022Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3122000 USD
CY2021Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
2102000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
75167000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
71971000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
26617000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
13029000 USD
CY2022Q1 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
5405000 USD
CY2021Q1 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
4510000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
21212000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8519000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
15864000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3822000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2947000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2467000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
12917000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1355000 USD
CY2022Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
343000 USD
CY2021Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
245000 USD
CY2022Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
13260000 USD
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1600000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1312000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1181000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1107000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1037000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
997000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
7283000 USD
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
12917000 USD
CY2022Q1 us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
100000 USD
CY2021 us-gaap Gain On Derivative Instruments Pretax
GainOnDerivativeInstrumentsPretax
800000 USD
CY2021 us-gaap Loss On Derivative Instruments Pretax
LossOnDerivativeInstrumentsPretax
23700 USD
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
2800000 USD
CY2022 us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
2400000 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
1200000 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
1200000 USD
CY2022Q1 us-gaap Deposits With Clearing Organizations And Others Securities
DepositsWithClearingOrganizationsAndOthersSecurities
0 USD
CY2021Q1 us-gaap Deposits With Clearing Organizations And Others Securities
DepositsWithClearingOrganizationsAndOthersSecurities
900000 USD
CY2022Q1 airt Employee Retention Credit Receivable Cares Act
EmployeeRetentionCreditReceivableCARESAct
9100000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
4232000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
5427000 USD
CY2022Q1 us-gaap Other Employee Related Liabilities Current And Noncurrent
OtherEmployeeRelatedLiabilitiesCurrentAndNoncurrent
1365000 USD
CY2021Q1 us-gaap Other Employee Related Liabilities Current And Noncurrent
OtherEmployeeRelatedLiabilitiesCurrentAndNoncurrent
2706000 USD
CY2022Q1 us-gaap Deposits
Deposits
2948000 USD
CY2021Q1 us-gaap Deposits
Deposits
1251000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
4846000 USD
CY2021 us-gaap Lease Cost
LeaseCost
3210000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7354000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
3403000 USD
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
13391000 USD
CY2021Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
12787000 USD
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2102000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
2134000 USD
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
603000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
316000 USD
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
722000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
760000 USD
CY2022 us-gaap Lease Cost
LeaseCost
3427000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7757000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y9M
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0433
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
11104000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2446000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8177000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8445000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y5M
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0437
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1736000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1375000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1119000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
870000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
704000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5300000 USD
CY2022Q1 airt Lessee Operating Lease Liability Discounted Excess Amount
LesseeOperatingLeaseLiabilityDiscountedExcessAmount
481000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8177000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
136932000 USD
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
88637000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1124000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1141000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
135808000 USD
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
87496000 USD
CY2022Q1 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
1600000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
6482000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
29854000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
10242000 USD
CY2019Q2 airt Common Stock Dividend Rate Percentage
CommonStockDividendRatePercentage
0.50
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
41459000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
5354000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
43541000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
136932000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1124000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
135808000 USD
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
4808000 USD
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
4352000 USD
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
367000 USD
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
288000 USD
CY2022 us-gaap Interest Income Other
InterestIncomeOther
227000 USD
CY2021 us-gaap Interest Income Other
InterestIncomeOther
16000 USD
CY2022 us-gaap Interest Expense
InterestExpense
4948000 USD
CY2021 us-gaap Interest Expense
InterestExpense
4624000 USD
CY2020Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
2.40
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
0.04
CY2020Q1 airt Class Of Warrant Or Right Face Value Price Of Warrants Or Rights
ClassOfWarrantOrRightFaceValuePriceOfWarrantsOrRights
2.50
CY2022Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
5300000 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11250 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.61
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y25D
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
66388 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Other Increases Decreases In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOtherIncreasesDecreasesInPeriod
0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Other Share Increase Decrease In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsOtherShareIncreaseDecreaseInPeriodWeightedAverageExercisePrice
0
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11250 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.61
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y25D
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
193063 USD
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Other Increases Decreases In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOtherIncreasesDecreasesInPeriod
0 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y25D
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Other Share Increase Decrease In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsOtherShareIncreaseDecreaseInPeriodWeightedAverageExercisePrice
0
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11250 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.61
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y25D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
182000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
11250 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.61
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
182000 USD
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0094
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4429
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
177077000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
175121000 USD
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
4727000 USD
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1358000 USD
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1183000 USD
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
600000 USD
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
500000 USD
CY2022 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
2000000 USD
CY2021 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
1500000 USD
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1358000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-3330000 USD
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
44000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
130000 USD
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
134000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
39000 USD
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1536000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-3161000 USD
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-507000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
91000 USD
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
140000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-317000 USD
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-367000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-226000 USD
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1169000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3387000 USD
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2813000 USD
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2472000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
177000 USD
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.013
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-271000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.023
CY2022 airt Effective Income Tax Rate Reconciliation Permanent Differences Other Amount
EffectiveIncomeTaxRateReconciliationPermanentDifferencesOtherAmount
-165000 USD
CY2022 airt Effective Income Tax Rate Reconciliation Permanent Differences Other Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesOtherPercent
-0.012
CY2021 airt Effective Income Tax Rate Reconciliation Permanent Differences Other Amount
EffectiveIncomeTaxRateReconciliationPermanentDifferencesOtherAmount
0 USD
CY2021 airt Effective Income Tax Rate Reconciliation Permanent Differences Other Percent
EffectiveIncomeTaxRateReconciliationPermanentDifferencesOtherPercent
CY2022 airt Income Tax Rate Reconciliation Section831 B Benefit
IncomeTaxRateReconciliationSection831BBenefit
233000 USD
CY2022 airt Effective Income Tax Rate Reconciliation Section831b Benefit Percentage
EffectiveIncomeTaxRateReconciliationSection831bBenefitPercentage
-0.018
CY2021 airt Income Tax Rate Reconciliation Section831 B Benefit
IncomeTaxRateReconciliationSection831BBenefit
217000 USD
CY2021 airt Effective Income Tax Rate Reconciliation Section831b Benefit Percentage
EffectiveIncomeTaxRateReconciliationSection831bBenefitPercentage
0.018
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-2251000 USD
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.168
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
621000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.053
CY2022 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
174000 USD
CY2022 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
-0.013
CY2021 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
-247000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
-0.021
CY2022 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
-2225000 USD
CY2022 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.166
CY2021 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
0 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.000
CY2022 airt Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
1650000 USD
CY2022 airt Effective Income Tax Rate Reconciliation Cares Act Percentage
EffectiveIncomeTaxRateReconciliationCARESActPercentage
-0.123
CY2021 airt Effective Income Tax Rate Reconciliation Cares Act Amount
EffectiveIncomeTaxRateReconciliationCARESActAmount
0 USD
CY2021 airt Effective Income Tax Rate Reconciliation Cares Act Percentage
EffectiveIncomeTaxRateReconciliationCARESActPercentage
0.000
CY2022 airt Effective Income Tax Rate Reconciliation Net Operating Loss Rate Differential Amount
EffectiveIncomeTaxRateReconciliationNetOperatingLossRateDifferentialAmount
0 USD
CY2022 airt Effective Income Tax Rate Reconciliation Net Operating Loss Rate Differential Percentage
EffectiveIncomeTaxRateReconciliationNetOperatingLossRateDifferentialPercentage
0.000
CY2021 airt Effective Income Tax Rate Reconciliation Net Operating Loss Rate Differential Amount
EffectiveIncomeTaxRateReconciliationNetOperatingLossRateDifferentialAmount
1468000 USD
CY2021 airt Effective Income Tax Rate Reconciliation Net Operating Loss Rate Differential Percentage
EffectiveIncomeTaxRateReconciliationNetOperatingLossRateDifferentialPercentage
0.125
CY2022 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
427000 USD
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.032
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
173000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.014
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1169000 USD
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.087
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3387000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.288
CY2022Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
300000 USD
CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3794000 USD
CY2021Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4094000 USD
CY2022Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
1669000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
1504000 USD
CY2022Q1 us-gaap Deferred Tax Assets Investment In Subsidiaries
DeferredTaxAssetsInvestmentInSubsidiaries
0 USD
CY2021Q1 us-gaap Deferred Tax Assets Investment In Subsidiaries
DeferredTaxAssetsInvestmentInSubsidiaries
1331000 USD
CY2022Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
682000 USD
CY2021Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
489000 USD
CY2022Q1 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
327000 USD
CY2021Q1 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
339000 USD
CY2022Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
263000 USD
CY2021Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
535000 USD
CY2022Q1 airt Deferred Tax Assets Accounts And Notes Receivable
DeferredTaxAssetsAccountsAndNotesReceivable
235000 USD
CY2021Q1 airt Deferred Tax Assets Accounts And Notes Receivable
DeferredTaxAssetsAccountsAndNotesReceivable
221000 USD
CY2022Q1 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
138000 USD
CY2021Q1 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
149000 USD
CY2022Q1 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
671000 USD
CY2021Q1 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
821000 USD
CY2022Q1 airt Deferred Tax Assets Leases
DeferredTaxAssetsLeases
1691000 USD
CY2021Q1 airt Deferred Tax Assets Leases
DeferredTaxAssetsLeases
1999000 USD
CY2022Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
286000 USD
CY2021Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
258000 USD
CY2022Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
9756000 USD
CY2021Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
11740000 USD
CY2022Q1 airt Deferred Tax Liabilities Bargain Purchase Gain
DeferredTaxLiabilitiesBargainPurchaseGain
447000 USD
CY2021Q1 airt Deferred Tax Liabilities Bargain Purchase Gain
DeferredTaxLiabilitiesBargainPurchaseGain
470000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1532000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1184000 USD
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