Note 9 - Segment and Related Information

6 Months Ended

Mar. 31, 2012

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, 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 March 31,						Six Months Ended March 31,
	2012			2011			2012			2011
Net Sales
Indicators and Gauges	$	352,372		$	290,966		$	730,375		$	534,772
Automotive Diagnostic Tools and Equipment		826,166			1,021,930			1,629,664			1,890,767
	$	1,178,538		$	1,312,896		$	2,360,039		$	2,425,539
Income (Loss) before provision for Income Taxes
Indicators and Gauges	$	44,125		$	8,297		$	101,590		$	(10,463	)
Automotive Diagnostic Tools and Equipment		(45,700	)		55,598			(60,956	)		47,887
General Corporate Expenses		(223,206	)		(277,576	)		(448,555	)		(569,087	)
	$	(224,781	)	$	(213,681	)	$	(407,921	)	$	(531,663	)
Asset Information
Indicators and Gauges							$	759,865		$	649,189
Automotive Diagnostic Tools and Equipment								1,575,177			1,912,390
Corporate								1,111,107			837,407
							$	3,446,149		$	3,398,986
Geographical Information
Included in the consolidated financial statements are the following amounts related to geographical locations:
Revenue:
United States	$	1,143,642		$	1,272,382		$	2,256,275		$	2,308,507
Australia		23,556			1,089			35,609			26,945
Canada		-			29,345			13,752			67,180
Mexico		10,080			10,080			20,160			16,800
Taiwan		1,260			-			33,665			-
Other foreign countries		-			-			578			6,107
	$	1,178,538		$	1,312,896		$	2,360,039		$	2,425,539

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