Schedule of Segment Reporting Information (Tables)

12 Months Ended

Dec. 31, 2017

Tables/Schedules

Schedule of Segment Reporting Information

	Fastener	Assembly Equipment	Other	Consolidated
Year Ended December 31,  2017:
Net Sales………………………………………	$      31,977,964	$      3,786,750	$                  0	$        35,764,714
Depreciation……………………………………...	1,093,476	100,908	37,162	1,231,546
Segment operating profit……………………………………	3,574,783	1,350,111	0	4,924,894
Selling and administrative expenses…………..	0	0	(2,559,713)	(2,559,713)
Other income……………………………………..	0	0	100,901	100,901
Income before income taxes……………………				2,466,082
Capital expenditures…………………………….	1,093,539	178,761	65,641	1,337,941
Segment assets:
Accounts receivable, net……………………...	5,080,191	246,459	0	5,326,650
Inventories, net………………………………...	3,565,361	962,739	0	4,528,100
Property, plant and equipment, net………….	10,282,910	1,642,555	631,488	12,556,953
Other assets……………………………………	0	0	9,404,599	9,404,599
				31,816,302
Year Ended December 31,  2016:
Net Sales………………………………………	$      33,126,599	$      3,895,779	$                  0	$        37,022,378
Depreciation……………………………………...	1,078,281	93,876	70,200	1,242,357
Segment operating profit……………………………………	4,689,749	1,350,277	0	6,040,026
Selling and administrative expenses…………..	0	0	(2,557,301)	(2,557,301)
Other income……………………………………..	0	0	65,255	65,255
Income before income taxes……………………				3,547,980
Capital expenditures…………………………….	1,683,953	189,568	154,339	2,027,860
Segment assets:
Accounts receivable, net……………………...	5,036,251	287,268	0	5,323,519
Inventories, net………………………………...	3,639,940	897,753	0	4,537,693
Property, plant and equipment, net………….	10,282,847	1,564,702	603,009	12,450,558
Other assets……………………………………	0	0	8,892,539	8,892,539
				31,204,309