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Note 9 - Segment and Related Information
3 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
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,

 

 

 

2013

 

 

2012

 

Net Sales

 

 

 

 

 

 

 

 

Indicators and Gauges

 

$

404,405

 

 

$

410,226

 

Automotive Diagnostic Tools and Equipment

 

 

645,837

 

 

 

1,328,677

 

 

 

$

1,050,242

 

 

$

1,738,903

 

 

 

 

 

 

 

 

 

 

Income (Loss) before Provision for Income Taxes

 

 

 

 

 

 

 

 

Indicators and Gauges

 

$

65,634

 

 

$

111,624

 

Automotive Diagnostic Tools and Equipment

 

 

(87,070

)

 

 

307,465

 

General Corporate Expenses

 

 

(298,851

)

 

 

(275,285

)

 

 

$

(320,287

)

 

$

143,804

 

 

 

 

 

 

 

 

 

 

Asset Information

 

 

 

 

 

 

 

 

Indicators and Gauges

 

$

922,325

 

 

$

831,059

 

Automotive Diagnostic Tools and Equipment

 

 

1,235,229

 

 

 

2,167,252

 

Corporate

 

 

1,024,259

 

 

 

590,206

 

 

 

$

3,181,813

 

 

$

3,588,517

 

 

 

 

 

 

 

 

 

 

Geographical Information

 

 

 

 

 

 

 

 

Included in the consolidated financial statements are the following amounts related to geographical locations:

 

 

 

 

 

 

 

 

 

 

Revenue:

 

 

 

 

 

 

 

 

United States

 

$

1,004,148

 

 

$

1,700,435

 

Australia

 

 

24,138

 

 

 

-

 

Canada

 

 

11,492

 

 

 

28,054

 

Mexico

 

 

10,464

 

 

 

7,048

 

Other foreign countries

 

 

-

 

 

 

3,366

 

 

 

$

1,050,242

 

 

$

1,738,903

 


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