Note 9 - Segment and Related Information

3 Months Ended

Dec. 31, 2011

Segment Reporting Disclosure [Text Block]

9. Segment and Related Information

The Company's four 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 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 December 31,
	2011		2010
Net Sales
Indicators and Gauges	$	378,003	$	243,806
Automotive Diagnostic Tools and Equipment		803,498		868,837
	$	1,181,501	$	1,112,643
Income (Loss) before Provision for Income Taxes
Indicators and Gauges	$	57,465	$(18,760)
Automotive Diagnostic Tools and Equipment	(15,256)		(7,711)
General Corporate Expenses	(225,349)		(291,511)
	$(183,140)		$(317,982)
Asset Information
Indicators and Gauges	$	729,421	$	588,403
Automotive Diagnostic Tools and Equipment		1,667,391		1,940,928
Corporate		1,325,654		939,730
	$	3,722,466	$	3,469,061
Geographical Information
Included in the consolidated financial statements are the following amounts related to geographical locations:
Revenue:
United States	$	1,112,633	$	1,036,125
Australia		12,053		25,856
Canada		13,752		37,835
Taiwan		32,405		-
Other foreign countries		10,658		12,827
	$	1,181,501	$	1,112,643

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