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Note 9 - Segment and Related Information
3 Months Ended
Dec. 31, 2015
Notes to Financial Statements  
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,
 
 
 
2015
   
2014
 
Net Sales
 
 
 
 
 
 
 
 
Indicators and Gauges
  $ 242,123     $ 245,669  
Automotive Diagnostic Tools and Equipment
    1,134,749       916,549  
                 
    $ 1,376,872     $ 1,162,218  
                 
Income (Loss) before Provision for Income Taxes
 
 
 
 
 
 
 
 
Indicators and Gauges
  $ 31,074     $ 2,493  
Automotive Diagnostic Tools and Equipment
    171,233       (31,388 )
General Corporate Expenses
    (249,496 )     (241,761 )
                 
    $ (47,189 )   $ (270,656 )
                 
Asset Information
 
 
 
 
 
 
 
 
Indicators and Gauges
  $ 706,460     $ 704,441  
Automotive Diagnostic Tools and Equipment
    1,652,603       1,462,089  
Corporate
    1,207,628       1,179,835  
                 
    $ 3,566,691     $ 3,346,365  
 
Geographical Information
 
 
 
 
 
 
 
 
Included in the consolidated financial statements are the following amounts related to geographical locations:
 
                 
Revenue:
 
 
 
 
 
 
 
 
United States
  $ 1,329,619     $ 1,127,459  
Australia
    38,353       8,125  
Canada
    8,900       19,658  
Mexico
    -       6,976  
Other foreign countries
    -       -  
                 
    $ 1,376,872     $ 1,162,218  
 
 
 

 

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