Note 10 - Segment and Related Information

9 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

10.  

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,
	2016			2015			2016			2015
Net Revenue
Indicators and Gauges	$	368,065		$	332,771		$	882,125		$	933,707
Automotive Diagnostic Tools and Equipment		1,162,179			1,471,843			3,071,615			3,124,307
	$	1,530,244		$	1,804,614		$	3,953,740		$	4,058,014
Income (Loss) before provision for Income Taxes
Indicators and Gauges	$	102,085		$	54,783		$	165,321		$	119,379
Automotive Diagnostic Tools and Equipment		224,083			294,830			261,211			172,283
General Corporate Expenses		(334,263	)		(239,982	)		(946,260	)		(729,350	)
	$	(8,095	)	$	109,631		$	(519,728	)	$	(437,688	)
Asset Information
Indicators and Gauges							$	822,392		$	721,504
Automotive Diagnostic Tools and Equipment								1,917,982			1,705,065
Corporate								856,583			829,397
							$	3,596,957		$	3,255,966
Geographical Information
Included in the consolidated financial statements are the following amounts related to geographical locations:
Revenue:
United States	$	1,506,778		$	1,739,642		$	3,851,487		$	3,935,224
Australia		21,471			1,602			60,412			13,402
Canada		1,995			21,487			16,693			57,041
Mexico		-			7,283			4,360			17,747
China		-			29,657			-			29,657
England		-			4,943			20,260			4,943
Other foreign countries		-			-			528			-
	$	1,530,244		$	1,804,614		$	3,953,740		$	4,058,014

All export sales to Australia, Canada, Mexico, China, England

and other foreign countries are made in United States of America Dollars.