Note 9 - Segment and Related Information

6 Months Ended

Mar. 31, 2013

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,
	2013			2012			2013			2012
Net Sales
Indicators and Gauges	$	417,607		$	352,372		$	827,833		$	730,375
Automotive Diagnostic Tools and Equipment		1,546,731			826,166			2,875,408			1,629,664
	$	1,964,338		$	1,178,538		$	3,703,241		$	2,360,039
Income (Loss) before provision for Income Taxes
Indicators and Gauges	$	113,216		$	44,125		$	224,840		$	101,590
Automotive Diagnostic Tools and Equipment		297,435			(45,700	)		604,900			(60,956	)
General Corporate Expenses		(291,220	)		(223,206	)		(566,505	)		(448,555	)
	$	119,431		$	(224,781	)	$	263,235		$	(407,921	)
Asset Information
Indicators and Gauges							$	807,464		$	759,865
Automotive Diagnostic Tools and Equipment								1,398,266			1,575,177
Corporate								1,306,087			1,111,107
							$	3,511,817		$	3,446,149
Geographical Information
Included in the consolidated financial statements are the following amounts related to geographical locations:
Revenue:
United States	$	1,896,250		$	1,143,642		$	3,596,685		$	2,256,275
Australia		14,231			23,556			14,231			35,609
Canada		22,644			-			50,698			13,752
Mexico		3,488			10,080			10,536			20,160
Taiwan		22,481			1,260			22,481			33,665
Other foreign countries		5,244			-			8,610			578
	$	1,964,338		$	1,178,538		$	3,703,241		$	2,360,039

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