REPORTABLE SEGMENTS

12 Months Ended

Jan. 02, 2021

REPORTABLE SEGMENTS

12. REPORTABLE SEGMENTS

12. REPORTABLE SEGMENTS

	2020			2019
Sales:
Sales to unaffiliated customers:
Engineered Solutions	$	197,614,590		$	186,795,507
Diversified Products		42,788,524			64,947,112
	$	240,403,114		$	251,742,619
Inter-segment Sales:
Engineered Solutions	$	675,389		$	1,286,384
Diversified Products		25,559			43,451
	$	700,948		$	1,329,835
Income Before Income Taxes:
Engineered Solutions	$	14,589,675		$	16,512,736
Diversified Products		(7,589,421	)		945,118
Operating Profit		7,000,254			17,457,854
Interest Expense		(2,744,800	)		(1,857,961	)
Other Income		1,770,158			606,078
	$	6,025,612		$	16,205,971
Geographic Information:
Net Sales:
United States	$	225,835,894		$	230,920,619
Foreign		14,567,220			20,822,000
	$	240,403,114		$	251,742,619
Foreign sales are primarily to customers in North America.
Identifiable Assets:
United States	$	253,689,704		$	263,295,787
Foreign		21,838,650			17,367,189
	$	275,528,354		$	280,662,976
Engineered Solutions	$	95,140,639		$	91,032,813
Diversified Products		36,873,709			49,219,614
		132,014,348			140,252,427
General corporate		143,514,006			140,410,549
	$	275,528,354		$	280,662,976

12. REPORTABLE SEGMENTS (continued)

Depreciation and Amortization:
Engineered Solutions	$	6,795,435		$	4,495,380
Diversified Products		1,682,077			1,959,501
	$	8,477,512		$	6,454,881
Capital Expenditures:
Engineered Solutions	$	2,340,762		$	4,025,649
Diversified Products		763,674			1,411,509
		3,104,436			5,437,158
Currency translation adjustment		(8,439	)		3,330
General corporate		2,986			-
	$	3,098,983		$	5,440,488