Note 8 - Segment and Related Information

9 Months Ended

Jun. 30, 2011

Segment Reporting Disclosure [Text Block]

8. Segment and Related Information

The Company's three business units have a common management team and infrastructure that offer different products and services. The business units have been aggregated into two reportable segments: 1.) indicators and gauges and 2.) automotive related diagnostic tools and equipment.

Indicators and Gauges

This segment consists of products manufactured and sold primarily to companies in the aircraft and locomotive industry. Within the aircraft market, the primary customers are those companies that manufacture or service business, military and pleasure aircraft. Within the locomotive market, indicators and gauges are sold to both original equipment manufacturers and to operators of railroad equipment.

Automotive Diagnostic Tools and Equipment

This segment consists primarily of products designed and manufactured to support the testing or servicing of automotive systems using electronic means to measure vehicle parameters. These products are sold to OEM's and to the aftermarket using several brand names and a variety of distribution methods. Included in this segment are products used for state required testing of vehicle emissions.

Information by industry segment is set forth below:

	Three Months Ended June 30,						Nine Months Ended       June 30,
	2011			2010			2011			2010
Net Revenue
Indicators and Gauges	$	372,606		$	388,110		$	907,378		$	1,129,569
Automotive Diagnostic  Tools and Equipment		903,938			1,002,245			2,794,705			3,291,563
	$	1,276,544		$	1,390,355		$	3,702,083		$	4,421,132
Income (Loss) before provision for Income Taxes
Indicators and Gauges	$	79,907		$	19,551		$	69,444		$	59,417
Automotive Diagnostic  Tools and Equipment		5,434			114,584			53,321			386,574
General Corporate Expenses		(211,290	)		(285,614	)		(780,377	)		(868,303	)
	$	(125,949	)	$	(151,479	)	$	(657,612	)	$	(422,312	)
Asset Information
Indicators and Gauges							$	728,078		$	724,265
Automotive Diagnostic Tools and Equipment								2,050,784			2,058,046
Corporate								633,006			1,578,780
							$	3,411,868		$	4,361,091
Geographical Information
Included in the consolidated financial statements are the following amounts related to geographical locations:
Revenue:
United States	$	1,202,466		$	1,362,734		$	3,510,973		$	4,356,714
Australia		-			12,057			26,945			29,874
Canada		41,794			11,561			108,974			26,730
England		28,924			-			28,924			-
Mexico		3,360			307			20,160			1,681
Other foreign countries		-			3,696			6,107			6,133
	$	1,276,544		$	1,390,355		$	3,702,083		$	4,421,132

All export sales to Australia, Canada, England, Mexico and other foreign countries are made in United States of America Dollars.