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SEGMENT REPORTING
6 Months Ended
Oct. 31, 2011
Notes to Financial Statements  
SEGMENT REPORTING
NOTE 7 - SEGMENT REPORTING

The Company's reportable segments are determined and reviewed by management based upon the nature of the services, the external customers and customer industries and the sales and distribution methods used to market the products.  The Company organizes its reportable segments to correspond with its primary service lines: wireless communications, specialty construction and electrical power.  Management evaluates performance based upon income (loss) before income taxes. Corporate includes corporate salaries and external professional fees, such as accounting, legal and investor relations costs which are not allocated to the other segments.  Corporate assets primarily include cash and prepaid expenses. Segment information presented below with regard to the operating results no longer includes amounts related to the St. Louis and Sarasota Operations, which were sold September 1, 2011, and subsequently reported as discontinued operations as more fully described in Note 9.  The St. Louis and Sarasota Operations were previously reported in the specialty construction and wireless communication segments, respectively. Segment results from continuing operations for the three and six months ended October 31, 2011 and 2010 are as follows:

   
For the Three Months Ended October 31, 2011
   
For the Three Months Ended October 31, 2010
 
   
Corporate
   
Wireless Communications
   
Specialty Construction
   
Electrical Power
   
Total
   
Corporate
   
Wireless Communications
   
Specialty Construction
   
Electrical Power
   
Total
 
                                                             
Revenue
  $ -     $ 6,406,207     $ 2,443,429     $ 19,311,404     $ 28,161,040     $ -     $ 6,695,976     $ 542,255     $ 15,962,205     $ 23,200,436  
                                                                                 
Depreciation and amortization
  $ 16,128     $ 118,492     $ 185,799     $ 239,943     $ 560,362     $ 16,737     $ 139,215     $ 164,927     $ 323,525     $ 644,404  
                                                                                 
Income (loss)  before income taxes from continuing operations
  $ (906,366 )   $ 143,557     $ 169,100     $ 75,124     $ (518,585 )   $ (1,433,678 )   $ 360,050     $ (140,856 )   $ (5,396,708 )   $ (6,611,192 )
                                                                                 
 
   
As of and for the Six Months Ended October 31, 2011
   
As of and for the Six Months Ended October 31, 2010
 
   
Corporate
   
Wireless Communications
   
Specialty Construction
   
Electrical Power
   
Total
   
Corporate
   
Wireless Communications
   
Specialty Construction
   
Electrical Power
   
Total
 
                                                             
Revenue
  $ -     $ 11,367,159     $ 3,730,109     $ 36,627,366     $ 51,724,634     $ -     $ 12,093,469     $ 1,603,209     $ 32,769,633     $ 46,466,311  
                                                                                 
Depreciation and amortization
  $ 32,503     $ 231,569     $ 367,798     $ 480,743     $ 1,112,613     $ 33,423     $ 280,758     $ 325,423     $ 662,146     $ 1,301,750  
                                                                                 
Income (loss)  before income taxes from continuing operations
  $ (1,816,978 )   $ (101,849 )   $ 242,027     $ 1,494,160     $ (182,640 )   $ (2,287,196 )   $ 350,118     $ (163,896 )   $ (5,618,306 )   $ (7,719,280 )
                                                                                 
Goodwill
  $ -     $ -     $ -     $ 1,975,460     $ 1,975,460     $ -     $ 9,138,568     $ -     $ 16,547,444     $ 25,686,012  
                                                                                 
Total assets
  $ 10,051,686     $ 7,366,160     $ 8,429,804     $ 26,033,628     $ 51,881,278     $ 4,714,048     $ 19,161,289     $ 6,320,159     $ 41,157,475     $ 71,352,971  
                                                                                 
Additions of property and equipment
  $ 8,361     $ 352,489     $ 69,848     $ 198,694     $ 629,392     $ 11,101     $ 192,770     $ 83,137     $ 298,413     $ 585,421  
 
As of and for the six months ended October 31, 2011 and 2010, the specialty construction segment includes approximately $3,730,000 and $1,603,000 in revenue and $895,000 and $903,000 of net assets held in China related to the Company’s 60% interest in the China Operations, respectively. As of and for the six months ended October 31, 2011 and 2010, the electrical power segment includes approximately $6,733,000 and $6,558,000 in revenue and $2,727,000 and $5,473,000 of net assets held in Australia related to the Company’s Australia Operations, respectively.