Note 9 - Segment and Related Information

6 Months Ended

Mar. 31, 2014

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, 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,
	2014			2013			2014			2013
Net Sales
Indicators and Gauges	$	346,196		$	417,607		$	750,601		$	827,833
Automotive Diagnostic Tools and Equipment		770,271			1,546,731			1,416,108			2,875,408
	$	1,116,467		$	1,964,338		$	2,166,709		$	3,703,241
Income (Loss) before provision for Income Taxes
Indicators and Gauges	$	23,770		$	113,216		$	89,404		$	224,840
Automotive Diagnostic Tools and Equipment		(14,140	)		297,435			(101,210	)		604,900
General Corporate Expenses		(307,285	)		(291,220	)		(606,136	)		(566,505	)
	$	(297,655	)	$	119,431		$	(617,942	)	$	263,235
Asset Information
Indicators and Gauges							$	848,878		$	807,464
Automotive Diagnostic Tools and Equipment								1,622,450			1,398,266
Corporate								592,871			1,306,087
							$	3,064,199		$	3,511,817
Geographical Information
Included in the consolidated financial statements are the following amounts related to geographical locations:
Revenue:
United States	$	1,094,458		$	1,896,250		$	2,098,606		$	3,596,685
Australia		-			14,231			24,138			14,231
Canada		10,222			22,644			21,714			50,698
Mexico		7,848			3,488			18,312			10,536
Taiwan		-			22,481			-			22,481
Other foreign countries		3,939			5,244			3,939			8,610
	$	1,116,467		$	1,964,338		$	2,166,709		$	3,703,241

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