Note 9 - Segment and Related Information

9 Months Ended

Jun. 30, 2012

Segment Reporting Disclosure [Text Block]

9. 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,
	2012			2011			2012			2011
Net Revenue
Indicators and Gauges	$	537,903		$	372,606		$	1,268,278		$	907,378
Automotive Diagnostic Tools and Equipment		733,900			903,938			2,363,564			2,794,705
	$	1,271,803		$	1,276,544		$	3,631,842		$	3,702,083
Income (Loss) before provision for Income Taxes
Indicators and Gauges	$	115,290		$	79,907		$	216,880		$	69,444
Automotive Diagnostic Tools and Equipment		(53,096	)		5,434			(114,052	)		53,321
General Corporate Expenses		(233,169	)		(211,290	)		(681,724	)		(780,377	)
	$	(170,975	)	$	(125,949	)	$	(578,896	)	$	(657,612	)
Asset Information
Indicators and Gauges							$	772,433		$	728,078
Automotive Diagnostic Tools and Equipment								1,444,989			2,050,784
Corporate								999,443			633,006
							$	3,216,865		$	3,411,868
Geographical Information
Included in the consolidated financial statements are the following amounts related to geographical locations:
Revenue:
United States	$	1,255,112		$	1,202,466		$	3,511,387		$	3,510,973
Australia		-			-			35,609			26,945
Canada		8,799			41,794			22,551			108,974
England		-			28,924			-			28,924
Mexico		3,360			3,360			23,520			20,160
Taiwan		1,270			-			34,935			-
Other foreign countries		3,262			-			3,840			6,107
	$	1,271,803		$	1,276,544		$	3,631,842		$	3,702,083

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