Schedule of Segment Reporting Information, by Segment (Tables)

6 Months Ended

Jun. 30, 2016

Tables/Schedules

Schedule of Segment Reporting Information, by Segment

	Fastener	Assembly Equipment	Other	Consolidated
Three Months Ended June 30, 2016:
Net sales	$           8,858,036	$             962,694	0	$          9,820,730
Depreciation	268,450	22,032	17,640	308,122
Segment operating profit	1,487,070	345,575	0	1,832,645
Selling and administrative expenses	0	0	(667,149)	(667,149)
Interest income	0	0	9,563	9,563
Income before income taxes				$           1,175,059
Capital expenditures	298,237	7,180	33,898	339,315
Segment assets:
Accounts receivable, net	5,979,118	299,504	0	6,278,622
Inventories, net	3,976,986	1,014,322	0	4,991,208
Property, plant and equipment, net	9,887,971	1,613,944	526,407	12,028,322
Other assets	0	0	7,791,988	7,791,988
				$         31,090,140
Three Months Ended June 30, 2015:
Net sales	$          8,276,263	$             929,911	0	$           9,206,174
Depreciation	275,612	20,097	19,121	314,830
Segment operating profit	1,129,353	293,002	0	1,422,355
Selling and administrative expenses	0	0	(579,611)	(579,611)
Interest income	0	0	6,217	6,217
Income before income taxes				$              848,961
Capital expenditures	108,726	344,367	20,078	473,171
Segment assets:
Accounts receivable, net	5,546,859	359,787	0	5,906,646
Inventories, net	4,148,131	862,398	0	5,010,529
Property, plant and equipment, net	9,175,077	1,471,665	486,914	11,133,656
Other assets	0	0	7,829,216	7,829,216
				$         29,880,047
Six Months Ended June 30, 2016:
Net sales	$        17,305,365	$          2,111,760	0	$        19,417,125
Depreciation	529,273	43,614	34,590	607,477
Segment operating profit	2,713,431	778,774	0	3,492,205
Selling and administrative expenses	0	0	(1,352,411)	(1,352,411)
Interest income	0	0	18,322	18,322
Income before income taxes				$           2,158,116
Capital expenditures	459,543	399,142	28,170	886,855
Six Months Ended June 30, 2015:
Net sales	$         16,676,760	$          1,813,205	0	$         18,489,965
Depreciation	549,364	40,194	37,917	627,475
Segment operating profit	2,147,400	537,591	0	2,684,991
Selling and administrative expenses	0	0	(1,170,607)	(1,170,607)
Interest income	0	0	13,050	13,050
Income before income taxes				$           1,527,434
Capital expenditures	459,543	399,142	28,170	886,855