Schedule of Segment Reporting Information, by Segment (Tables)

9 Months Ended

Sep. 30, 2017

Tables/Schedules

Schedule of Segment Reporting Information, by Segment

	Fastener	Assembly Equipment	Other	Consolidated
Three Months Ended September 30, 2017:
Net sales	$           7,486,193	$          900,563	0	$          8,386,756
Depreciation	275,820	24,390	8,970	309,180
Segment operating profit	768,247	317,602	0	1,085,849
Selling and administrative expenses	0	0	(603,809)	(603,809)
Interest income	0	0	18,795	18,795
Income before income taxes				$             500,835
Capital expenditures	263,563	8,325	0	271,888
Segment assets:
Accounts receivable, net	5,576,022	295,070	0	5,871,092
Inventories, net	4,134,219	953,898	0	5,088,117
Property, plant and equipment, net	10,409,913	1,613,245	576,099	12,599,257
Other assets	0	0	8,452,225	8,452,225
				$         32,010,691
Three Months Ended September 30, 2016:
Net sales	$          8,089,800	$             764,474	0	$           8,854,274
Depreciation	272,212	22,063	17,640	311,915
Segment operating profit	1,031,736	233,758	0	1,265,494
Selling and administrative expenses	0	0	(596,358)	(596,358)
Interest income	0	0	10,193	10,193
Income before income taxes				$             679,329
Capital expenditures	842,048	2,142	0	844,190
Segment assets:
Accounts receivable, net	5,611,689	284,597	0	5,896,286
Inventories, net	3,766,136	1,038,158	0	4,804,294
Property, plant and equipment, net	10,457,807	1,594,023	508,767	12,560,597
Other assets	0	0	8,183,787	8,183,787
				$         31,444,964
Nine Months Ended September 30, 2017:
Net sales	$        24,319,725	$          2,985,866	0	$        27,305,591
Depreciation	822,267	73,170	26,910	922,347
Segment operating profit	2,716,020	1,089,089	0	3,805,109
Selling and administrative expenses	0	0	(1,911,509)	(1,911,509)
Interest income	0	0	49,512	49,512
Income before income taxes				$           1,943,112
Capital expenditures	949,333	121,713	0	1,071,046
Nine Months Ended September 30, 2016:
Net sales	$         25,395,165	$          2,876,234	0	$         28,271,399
Depreciation	801,485	65,677	52,230	919,392
Segment operating profit	3,745,167	1,012,532	0	4,757,699
Selling and administrative expenses	0	0	(1,948,769)	(1,948,769)
Interest income	0	0	28,515	28,515
Income before income taxes				$           2,837,445
Capital expenditures	1,550,070	190,690	42,126	1,782,886