6 - Segment Information: Schedule of Segment Reporting Information (Tables)

12 Months Ended

Dec. 31, 2018

Tables/Schedules

Schedule of Segment Reporting Information

	Fastener	Assembly Equipment	Other	Consolidated
Year Ended December 31, 2018:
Net Sales………………………………………	$      33,712,458	$      3,461,791	$                  0	$        37,174,249
Depreciation……………………………………...	1,161,082	112,942	34,424	1,308,448
Segment operating profit……………………………………	3,731,998	1,108,248	0	4,840,246
Selling and administrative expenses…………..	0	0	(2,437,598)	(2,437,598)
Other income……………………………………..	0	0	153,537	153,537
Income before income taxes……………………				2,556,185
Capital expenditures…………………………….	1,635,115	49,884	338,191	2,023,190
Segment assets:
Accounts receivable, net……………………...	5,196,437	332,870	0	5,529,307
Inventories, net………………………………...	5,075,290	1,025,101	0	6,100,391
Property, plant and equipment, net………….	10,726,191	1,579,497	952,458	13,258,146
Other assets……………………………………	0	0	8,358,781	8,358,781
				33,246,625
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