$PKE
PARK AEROSPACE CORP Stock $pke

$pke Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-Q Financial Statement

#000143774923000600 Filed on January 06, 2023

Income Statement

Concept	2023 Q1	2022 Q4
Revenue	$13.53M	$13.87M
YoY Change	8.22%	0.02%
Cost Of Revenue	$9.679M	$9.423M
YoY Change	16.56%	-6.03%
Gross Profit	$3.851M	$4.444M
YoY Change	-8.27%	15.85%
Gross Profit Margin	28.46%	32.05%
Selling, General & Admin	$1.631M	$1.523M
YoY Change	7.3%	-4.39%
% of Gross Profit	42.35%	34.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$310.0K	$305.0K
YoY Change	-6.34%	-13.84%
% of Gross Profit	8.05%	6.86%
Operating Expenses	$1.631M	$1.523M
YoY Change	7.3%	-4.39%
Operating Profit	$2.220M	$2.921M
YoY Change	-17.1%	30.99%
Interest Expense	$425.0K	$299.0K
YoY Change	377.53%	273.75%
% of Operating Profit	19.14%	10.24%
Other Income/Expense, Net
YoY Change
Pretax Income	$2.645M	$3.220M
YoY Change	-2.22%	39.39%
Income Tax	-$2.061M	$990.0K
% Of Pretax Income	-77.92%	30.75%
Net Earnings	$4.706M	$2.230M
YoY Change	140.59%	28.09%
Net Earnings / Revenue	34.78%	16.08%
Basic Earnings Per Share	$0.23	$0.11
Diluted Earnings Per Share	$0.23	$0.11
COMMON SHARES
Basic Shares Outstanding	20.47M	20.47M
Diluted Shares Outstanding	20.52M	20.51M

Balance Sheet

Concept	2023 Q1	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$105.4M	$103.3M
YoY Change	-4.46%	-5.77%
Cash & Equivalents	$4.237M	$4.610M
Short-Term Investments	$101.2M	$98.69M
Other Short-Term Assets	$2.844M	$4.264M
YoY Change	-7.72%	32.63%
Inventory	$6.768M	$6.816M
Prepaid Expenses
Receivables	$9.989M	$8.923M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$125.0M	$123.3M
YoY Change	-1.11%	-3.45%
LONG-TERM ASSETS
Property, Plant & Equipment	$24.25M	$24.26M
YoY Change	-0.34%	1.62%
Goodwill
YoY Change
Intangibles	$7.000K
YoY Change	-50.0%
Long-Term Investments
YoY Change
Other Assets	$108.0K	$112.0K
YoY Change	-11.48%	-20.57%
Total Long-Term Assets	$34.29M	$34.32M
YoY Change	-0.45%	0.87%
TOTAL ASSETS
Total Short-Term Assets	$125.0M	$123.3M
Total Long-Term Assets	$34.29M	$34.32M
Total Assets	$159.3M	$157.6M
YoY Change	-0.97%	-2.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$4.545M	$2.365M
YoY Change	79.36%	5.49%
Accrued Expenses	$1.346M	$1.270M
YoY Change	-9.91%	-24.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$28.59M	$6.348M
YoY Change	354.32%	-1.64%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.751M	$4.650M
YoY Change	-61.06%	3.06%
Total Long-Term Liabilities	$1.751M	$4.650M
YoY Change	-61.06%	3.06%
TOTAL LIABILITIES
Total Short-Term Liabilities	$28.59M	$6.348M
Total Long-Term Liabilities	$1.751M	$4.650M
Total Liabilities	$43.40M	$24.01M
YoY Change	71.84%	-3.77%
SHAREHOLDERS EQUITY
Retained Earnings	-$42.69M	-$24.88M
YoY Change	72.38%	0.81%
Common Stock	$2.096M	$2.096M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$9.156M	$9.156M
YoY Change	-2.56%	-2.56%
Treasury Stock Shares
Shareholders Equity	$115.9M	$133.6M
YoY Change
Total Liabilities & Shareholders Equity	$159.3M	$157.6M
YoY Change	-0.97%	-2.54%

Cashflow Statement

Concept	2023 Q1	2022 Q4
OPERATING ACTIVITIES
Net Income	$4.706M	$2.230M
YoY Change	140.59%	28.09%
Depreciation, Depletion And Amortization	$310.0K	$305.0K
YoY Change	-6.34%	-13.84%
Cash From Operating Activities	$4.357M	$3.837M
YoY Change	-11.89%	1270.36%
INVESTING ACTIVITIES
Capital Expenditures	$298.0K	-$105.0K
YoY Change	-137.91%	-90.03%
Acquisitions
YoY Change
Other Investing Activities	-$2.385M	-$911.0K
YoY Change	-26.95%	-71.54%
Cash From Investing Activities	-$2.683M	-$1.016M
YoY Change	-33.77%	-76.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-2.047M	-2.047M
YoY Change	0.2%	15.85%
NET CHANGE
Cash From Operating Activities	4.357M	3.837M
Cash From Investing Activities	-2.683M	-1.016M
Cash From Financing Activities	-2.047M	-2.047M
Net Change In Cash	-373.0K	774.0K
YoY Change	-67.54%	-113.48%
FREE CASH FLOW
Cash From Operating Activities	$4.357M	$3.837M
Capital Expenditures	$298.0K	-$105.0K
Free Cash Flow	$4.059M	$3.942M
YoY Change	-29.17%	195.72%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	4497000	usd
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
	dei	Trading Symbol TradingSymbol	PKE
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	2660000	usd
CY2022Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	2211000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	6348000	usd
CY2022Q1	us-gaap	Liabilities Current LiabilitiesCurrent	6292000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	141000	usd
CY2022Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	174000	usd
CY2022Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	10938000	usd
CY2022Q1	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	12621000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1937000	usd
CY2022Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	1671000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	4650000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	24014000	usd
CY2022Q1	us-gaap	Liabilities Liabilities	25255000	usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
	dei	City Area Code CityAreaCode	631
	dei	Local Phone Number LocalPhoneNumber	465-3600
	dei	Security12b Title Security12bTitle	Common Stock, par value $0.10 per share
	dei	Entity Central Index Key EntityCentralIndexKey	0000076267
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--02-26
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
CY2022Q2	pke	Number Of Insurance Carriers NumberOfInsuranceCarriers	3	pure
CY2022Q2	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	0	usd
CY2022Q2	pke	Number Of Units Covered Under General Liability Insurance Coverage NumberOfUnitsCoveredUnderGeneralLiabilityInsuranceCoverage	2	pure
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-11-27
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	1-4415
	dei	Entity Registrant Name EntityRegistrantName	PARK AEROSPACE CORP
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NY
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	11-1734643
	dei	Entity Address Address Line1 EntityAddressAddressLine1	1400 Old Country Road
	dei	Entity Address City Or Town EntityAddressCityOrTown	Westbury
	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	11590
CY2022Q4	us-gaap	Restructuring Charges RestructuringCharges	0	usd
CY2021Q4	us-gaap	Restructuring Charges RestructuringCharges	13000	usd
	us-gaap	Restructuring Charges RestructuringCharges	0	usd
	us-gaap	Restructuring Charges RestructuringCharges	197000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	0	usd
CY2022Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	0	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	0	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	0	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	0	usd
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
CY2022Q2	us-gaap	Dividends Cash DividendsCash	-0	usd
CY2022Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
CY2021Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
CY2021Q2	us-gaap	Dividends Cash DividendsCash	-0	usd
CY2021Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
CY2021Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.10
	us-gaap	Net Income Loss NetIncomeLoss	6025000	usd
	us-gaap	Net Income Loss NetIncomeLoss	6508000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	826000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	805000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	274000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	211000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	265000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	405000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	125000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	718000	usd
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-0	usd
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-27000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	5381000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	5418000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2134000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3256000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	749000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3586000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	14000	usd
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	39785000	usd
	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	41471000	usd
	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	36199000	usd
	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	19538000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4335000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-25505000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	6139000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	6125000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	139000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	739000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-6000000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-5386000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-8201000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-27635000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	13960000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	3178000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	3733000	usd
CY2022Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	98693000	usd
CY2022Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	97550000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	104560000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	0	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	5867000	usd
CY2022Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	100241000	usd
CY2022Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	10000	usd
CY2022Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	2701000	usd
CY2022Q4	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue	30520000	usd
CY2022Q4	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue	68173000	usd
CY2022Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	98693000	usd
CY2022Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	5935000	usd
CY2022Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	4026000	usd
CY2022Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	504000	usd
CY2022Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	253000	usd
CY2022Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	377000	usd
CY2022Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	378000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	6816000	usd
CY2022Q1	us-gaap	Inventory Net InventoryNet	4657000	usd
CY2022Q4	us-gaap	Operating Lease Expense OperatingLeaseExpense	15000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	46000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	40000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	163000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	53000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	141000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	194000	usd
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P7Y4M24D
CY2022Q2	pke	Sales Tax Exemption Bond Maximum Amount SalesTaxExemptionBondMaximumAmount	18500000	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.11
CY2021Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	648300
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	12.96
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	493000	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	131600
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	12.06
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	13000
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	10.67
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	74225
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	12.86
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	692675
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	12.84
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms	P6Y18D
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	610000	usd
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	388288
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	12.74
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P4Y1M13D
CY2022Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	381000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	2230000	usd
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	1741000	usd
	us-gaap	Net Income Loss NetIncomeLoss	6025000	usd
	us-gaap	Net Income Loss NetIncomeLoss	6508000	usd
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20471000
CY2021Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20450000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20463000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20410000
CY2022Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	39000
CY2021Q4	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	53000
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	43000
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	156000
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20510000
CY2021Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20503000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20506000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20566000
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.11
CY2021Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2022Q2	pke	Stock Repurchase Program Number Of Additional Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfAdditionalSharesAuthorizedToBeRepurchased	1500000
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	990000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2362000	usd
CY2022Q4	pke	Income Tax Expense Benefit Discrete Amount IncomeTaxExpenseBenefitDiscreteAmount	58000	usd
	pke	Income Tax Expense Benefit Discrete Amount IncomeTaxExpenseBenefitDiscreteAmount	133000	usd
CY2022Q4	pke	Effective Income Tax Rate Reconciliation Lost Deduction Stock Options Expired Amount EffectiveIncomeTaxRateReconciliationLostDeductionStockOptionsExpiredAmount	153000	usd
	pke	Effective Income Tax Rate Reconciliation Lost Deduction Stock Options Expired Amount EffectiveIncomeTaxRateReconciliationLostDeductionStockOptionsExpiredAmount	153000	usd
CY2021Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	569000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2571000	usd
CY2021Q4	pke	Income Tax Expense Benefit Discrete Amount IncomeTaxExpenseBenefitDiscreteAmount	5000	usd
	pke	Income Tax Expense Benefit Discrete Amount IncomeTaxExpenseBenefitDiscreteAmount	175000	usd
CY2022Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.307	pure
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.282	pure
CY2021Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.246	pure
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.283	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
	us-gaap	Undistributed Earnings UndistributedEarnings	25000000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	13867000	usd
CY2021Q4	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	13864000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	40525000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	41076000	usd
	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>12. CONTINGENCIES</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><i><span style="text-decoration: underline; ">Litigation</span></i></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The Company is subject to a small number of immaterial proceedings, lawsuits and other claims related to environmental, employment, product and other matters. The Company is required to assess the likelihood of any adverse judgments or outcomes in these matters as well as potential ranges of probable losses. A determination of the amount of reserves required, if any, for these contingencies is made after careful analysis of each individual issue. The required reserves may change in the future due to new developments in each matter or changes in approach, such as a change in settlement strategy in dealing with these matters. The Company believes that the ultimate disposition of such proceedings, lawsuits and claims will not have a material adverse effect on the liquidity, capital resources, business, consolidated results of operations or financial position of the Company.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><i><span style="text-decoration: underline; ">Environmental Contingencies</span></i><i> </i></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The Company and certain of its subsidiaries have been named by the Environmental Protection Agency (the “EPA”) or a comparable state agency under the Comprehensive Environmental Response, Compensation and Liability Act (the “Superfund Act”) or similar state law as potentially responsible parties in connection with alleged releases of hazardous substances at three sites.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Under the Superfund Act and similar state laws, all parties who may have contributed any waste to a hazardous waste disposal site or contaminated area identified by the EPA or comparable state agency may be jointly and severally liable for the cost of cleanup. Generally, these sites are locations at which numerous persons disposed of hazardous waste. In the case of the Company’s subsidiaries, generally the waste was removed from their manufacturing facilities and disposed at waste sites by various companies which contracted with the subsidiaries to provide waste disposal services. Neither the Company nor any of its subsidiaries have been accused of or charged with any wrongdoing or illegal acts in connection with any such sites. The Company believes it maintains an effective and comprehensive environmental compliance program.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The insurance carriers which provided general liability insurance coverage to the Company and its subsidiaries for the years during which the Company’s subsidiaries’ waste was disposed at these three sites have in the past reimbursed the Company and its subsidiaries for 100% of their legal defense and remediation costs associated with <span style="-sec-ix-hidden:c907">two</span> of these sites.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The Company does <span style="-sec-ix-hidden:c908">not</span> record environmental liabilities and related legal expenses for which the Company believes that it and its subsidiaries have general liability insurance coverage for the years during which the Company’s subsidiaries’ waste was disposed at two sites for which certain subsidiaries of the Company have been named as potentially responsible parties. Pursuant to such general liability insurance coverage, <span style="-sec-ix-hidden:c909">three</span> insurance carriers reimburse the Company and its subsidiaries for 100% of the legal defense and remediation costs associated with the two sites.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;text-indent:9pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Included in selling, general and administrative expenses are charges for actual expenditures and accruals, based on estimates, for certain environmental matters described above. The Company accrues estimated costs associated with known environmental matters when such costs can be reasonably estimated and when the outcome appears probable. The Company believes that the ultimate disposition of known environmental matters will not have a material adverse effect on the Company’s results of operations, cash flows or financial position.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2022Q2	pke	Percentage Of Legal Defense And Remediation Costs Associated With Sites Reimbursed By Insurance Carriers PercentageOfLegalDefenseAndRemediationCostsAssociatedWithSitesReimbursedByInsuranceCarriers	1	pure

Files In Submission

Name	View Source	Status
0001437749-23-000600-index-headers.html	Edgar Link	pending
0001437749-23-000600-index.html	Edgar Link	pending
0001437749-23-000600.txt	Edgar Link	pending
0001437749-23-000600-xbrl.zip	Edgar Link	pending
ex_457996.htm	Edgar Link	pending
ex_457997.htm	Edgar Link	pending
ex_457998.htm	Edgar Link	pending
ex_457999.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pke-20221127.xsd	Edgar Link	pending
pke-20221127_cal.xml	Edgar Link	unprocessable
pke-20221127_lab.xml	Edgar Link	unprocessable
pke-20221127_def.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
pke20221127_10q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
pke-20221127_pre.xml	Edgar Link	unprocessable
pke20221127_10q_htm.xml	Edgar Link	completed

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$PKE
PARK AEROSPACE CORP Stock $pke

2023 Q1 Form 10-Q Financial Statement

#000143774923000600 Filed on January 06, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PKE PARK AEROSPACE CORP Stock $pke

2023 Q1 Form 10-Q Financial Statement

#000143774923000600 Filed on January 06, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PKE
PARK AEROSPACE CORP Stock $pke