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Segment Information
3 Months Ended
Apr. 03, 2021
Segment Information  
Note L - Segment Information

Note L - Segment Information

  

For the first quarter of 2021, financial information by segment is as follows:

 

 

 

Three Months Ended

 

 

 

April 3,

2021

 

 

March 28,

2020

 

Revenues:

 

 

 

 

 

 

Sales to unaffiliated customers:

 

 

 

 

 

 

Engineered Solutions

 

$61,773,432

 

 

$51,846,102

 

Diversified Products

 

 

11,324,443

 

 

 

13,479,514

 

 

 

$73,097,875

 

 

$65,325,616

 

 

 

 

 

 

 

 

 

 

Income (loss) before income taxes:

 

 

 

 

 

 

 

 

Engineered Solutions

 

$6,118,508

 

 

$3,789,504

 

Diversified Products

 

 

(98,199)

 

 

71,767

 

Operating Profit (loss)

 

 

6,020,309

 

 

 

3,861,271

 

Interest expense 

 

 

(702,859)

 

 

(827,664)

Other income 

 

 

2,340,641

 

 

 

744,793

 

Income before income taxes

 

$7,658,091

 

 

$3,778,400

 

 

Segment income (loss) before income taxes include the allocation of corporate expenses to the Engineered Solutions and Diversified Products segments.