Note 12 - Segment and Related Information (Tables)

9 Months Ended

Sep. 30, 2018

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Three Months Ended					Nine Months Ended
	September 30					September 30
	2018			2017		2018			2017
Sales
Commercial Air Handling	$	9,876,700		$	7,846,896	$	29,876,961		$	11,190,841
Test and Measurement		790,297			1,560,696		2,786,742			5,783,621
Industrial Hose		1,718,138			1,485,276		5,193,324			4,485,347
Aerospace Components		7,386,002			-		7,386,002			-
Total Sales	$	19,771,137		$	10,892,868	$	45,243,029		$	21,459,809
Gross Profit
Commercial Air Handling	$	2,743,833		$	1,946,546	$	7,861,725		$	2,900,293
Test and Measurement		130,293			533,879		722,062			3,233,133
Industrial Hose		356,000			553,954		1,151,358			1,307,613
Aerospace Components		1,220,096			-		1,220,096			-
Total Gross Profit	$	4,450,222		$	3,034,379	$	10,955,241		$	7,441,039
Operating Income
Commercial Air Handling	$	1,696,934		$	1,083,140	$	4,357,970		$	1,425,524
Test and Measurement		130,293			41,816		(239,151	)		707,126
Industrial Hose		111,419			289,506		413,573			856,633
Aerospace Components		706,424			-		706,424			-
Unallocated Corporate General		(173,791	)		-		(307,507	)
Total Operating Income	$	2,471,279		$	1,414,462	$	4,931,309		$	2,989,283
Income Before Provision for Income Taxes
Commercial Air Handling		1,686,296			816,669		4,316,875			1,424,878
Test and Measurement		130,293			188,128		(94,828	)		628,275
Industrial Hose		48,454			289,506		272,608			441,313
Aerospace Components		620,023			-		620,023			-
Loss on sale of business		-			-		(1,160,574	)		-
Unallocated Corporate General & Other		(397,883	)		-		(842,419	)		-
Income Before Provision for Income Taxes	$	2,087,183		$	1,294,303	$	3,111,685		$	2,494,466