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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
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Mar. 31, 2015
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Dec. 31, 2014
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| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 11,959,596us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 11,291,784us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Restricted collateral deposits | 234,364us-gaap_RestrictedCashAndInvestmentsCurrent | 236,428us-gaap_RestrictedCashAndInvestmentsCurrent |
| Trade receivables | 16,513,109us-gaap_AccountsReceivableNetCurrent | 17,595,811us-gaap_AccountsReceivableNetCurrent |
| Unbilled receivables | 14,454,220us-gaap_UnbilledReceivablesCurrent | 15,937,060us-gaap_UnbilledReceivablesCurrent |
| Other accounts receivable and prepaid expenses | 1,709,861us-gaap_PrepaidExpenseAndOtherAssetsCurrent | 1,155,548us-gaap_PrepaidExpenseAndOtherAssetsCurrent |
| Inventories | 9,091,854us-gaap_InventoryNet | 9,811,783us-gaap_InventoryNet |
| Total current assets | 53,963,004us-gaap_AssetsCurrent | 56,028,414us-gaap_AssetsCurrent |
| LONG TERM ASSETS: | ||
| Severance pay fund | 4,938,010artx_PostEmploymentBenefitSeveranceBenefits | 4,961,918artx_PostEmploymentBenefitSeveranceBenefits |
| Other long term receivables | 22,944us-gaap_LongTermInvestmentsAndReceivablesNet | 23,482us-gaap_LongTermInvestmentsAndReceivablesNet |
| Property and equipment, net | 6,395,904us-gaap_PropertyPlantAndEquipmentNet | 6,462,949us-gaap_PropertyPlantAndEquipmentNet |
| Other intangible assets, net | 10,979,592us-gaap_IntangibleAssetsNetExcludingGoodwill | 11,840,365us-gaap_IntangibleAssetsNetExcludingGoodwill |
| Goodwill | 45,287,756us-gaap_Goodwill | 45,422,219us-gaap_Goodwill |
| Total long term assets | 67,624,206us-gaap_AssetsNoncurrent | 68,710,933us-gaap_AssetsNoncurrent |
| Total assets | 121,587,210us-gaap_Assets | 124,739,347us-gaap_Assets |
| CURRENT LIABILITIES: | ||
| Trade payables | 4,664,424us-gaap_AccountsPayableTradeCurrent | 6,772,082us-gaap_AccountsPayableTradeCurrent |
| Other accounts payable and accrued expenses | 7,636,645us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent | 9,105,214us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent |
| Current portion of long term debt | 4,330,839us-gaap_LongTermDebtCurrent | 4,380,730us-gaap_LongTermDebtCurrent |
| Short term bank credit | 3,760,000us-gaap_ShortTermBorrowings | 33,238us-gaap_ShortTermBorrowings |
| Deferred revenues | 6,489,188us-gaap_DeferredRevenueCurrent | 7,826,178us-gaap_DeferredRevenueCurrent |
| Total current liabilities | 26,881,096us-gaap_LiabilitiesCurrent | 28,117,442us-gaap_LiabilitiesCurrent |
| LONG TERM LIABILITIES: | ||
| Contractual and accrued Israeli statutory severance pay | 6,975,295us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent | 7,051,630us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent |
| Long term portion of debt | 15,489,096us-gaap_OtherLongTermDebtNoncurrent | 16,934,360us-gaap_OtherLongTermDebtNoncurrent |
| Deferred income tax liability | 6,266,646us-gaap_DeferredTaxLiabilitiesNoncurrent | 6,117,021us-gaap_DeferredTaxLiabilitiesNoncurrent |
| Other long term liabilities | 188,945us-gaap_OtherLiabilitiesNoncurrent | 163,446us-gaap_OtherLiabilitiesNoncurrent |
| Total long-term liabilities | 28,919,982us-gaap_LiabilitiesNoncurrent | 30,266,457us-gaap_LiabilitiesNoncurrent |
| Total liabilities | 55,801,078us-gaap_Liabilities | 58,383,899us-gaap_Liabilities |
| Share capital – | ||
| Common stock – $0.01 par value each; Authorized: 50,000,000 shares as of March 31, 2015 and December 31, 2014; Issued and outstanding: 24,568,351 shares and 24,533,121 shares as of March 31, 2015 and December 31, 2014, respectively | 245,684us-gaap_CommonStockValueOutstanding | 245,331us-gaap_CommonStockValueOutstanding |
| Preferred shares – $0.01 par value each; Authorized: 1,000,000 shares as of March 31, 2015 and December 31, 2014; No shares issued or outstanding as of March 31, 2015 and December 31, 2014 | 0us-gaap_PreferredStockValueOutstanding | 0us-gaap_PreferredStockValueOutstanding |
| Additional paid-in capital | 246,129,264us-gaap_AdditionalPaidInCapitalCommonStock | 245,970,742us-gaap_AdditionalPaidInCapitalCommonStock |
| Accumulated deficit | (180,092,288)us-gaap_RetainedEarningsAccumulatedDeficit | (179,609,611)us-gaap_RetainedEarningsAccumulatedDeficit |
| Notes receivable from stockholders | (908,054)us-gaap_ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock | (908,054)us-gaap_ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock |
| Accumulated other comprehensive income | 411,526us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax | 657,040us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax |
| Total stockholders’ equity | 65,786,132us-gaap_StockholdersEquity | 66,355,448us-gaap_StockholdersEquity |
| Total liabilities and stockholders’ equity | $ 121,587,210us-gaap_LiabilitiesAndStockholdersEquity | $ 124,739,347us-gaap_LiabilitiesAndStockholdersEquity |
| X | ||||||||||
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- Definition
Severance pay fund asset for amount due employees, in addition to wages and any other money that employers owe employees, when their employment ends through a layoff or other termination. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due after one year (or beyond the operating cycle if longer), including liabilities for compensation costs, fringe benefits other than pension and postretirement obligations, rent, contractual rights and obligations, and statutory obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Value of all classes of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares exclude common shares repurchased by the entity and held as treasury shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of long-term debt, after unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle) and amount due to the Entity from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such investments and receivables to an amount that approximates their net realizable value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of debt not otherwise defined (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Value of all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by shareholders, which is net of related treasury stock. May be all or a portion of the number of preferred shares authorized. These shares represent the ownership interest of the preferred shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amounts due from owners or affiliates of the reporting entity related to issuance of the entity's capital stock before cash payment is received (does not include amounts due from officers or directors). This element would also include the receivable for proceeds from the issuance of shares under employee stock option exercises which proceeds have not been received as of the reporting date due to the timing of the transaction date versus the settlement date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The current cash, cash equivalents and investments that are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against short-term borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. Includes current cash equivalents and investments that are similarly restricted as to withdrawal, usage or disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount received for services rendered and products shipped, but not yet billed, for non-contractual agreements due within one year or the normal operating cycle, if longer. No definition available.
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