Note 13 - Segment and Related Information (Tables)

9 Months Ended

Sep. 30, 2019

Notes Tables

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

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2019			2018			2019			2018
Sales
Commercial Air Handling	$	12,878,988		$	9,876,700		$	39,504,053		$	29,876,961
Test and Measurement		29,893			790,297			532,076			2,786,742
Industrial Hose		1,823,950			1,718,138			5,554,766			5,193,324
Aerospace Components		7,386,930			7,386,002			22,864,710			7,386,002
Corporate and Other		124,920			-			139,799			-
Total Sales	$	22,244,681		$	19,771,137		$	68,595,404		$	45,243,029
Gross Profit
Commercial Air Handling	$	2,915,767		$	2,743,833		$	9,466,810		$	7,861,725
Test and Measurement		4,933			130,293			87,792			722,062
Industrial Hose		403,158			356,000			1,521,137			1,151,358
Aerospace Components		1,611,655			1,220,096			3,907,056			1,220,096
Corporate and Other		52,050			-			61,589			-
Total Gross Profit	$	4,987,563		$	4,450,222		$	15,044,384		$	10,955,241
Operating Income
Commercial Air Handling	$	1,509,077		$	1,696,934		$	5,536,745		$	4,357,970
Test and Measurement		4,933			130,293			87,792			(239,151	)
Industrial Hose		137,640			111,419			681,628			413,573
Aerospace Components		1,073,388			706,424			2,247,461			706,424
Corporate and Other		(166,259	)		(173,791	)		(632,223	)		(307,507	)
Total Operating Income	$	2,558,779		$	2,471,279		$	7,921,403		$	4,931,309
Income Before Provision for Income Taxes
Commercial Air Handling		1,508,944			1,686,296			5,536,122			4,316,875
Test and Measurement		4,933			130,293			87,792			(94,828	)
Industrial Hose		69,697			48,454			476,710			272,608
Aerospace Components		830,865			620,023			1,625,116			620,023
Loss on sale of business		-			-			-			(1,160,574	)
Corporate and Other		(177,657	)		(397,883	)		(678,647	)		(842,419	)
Income before provision for income taxes	$	2,236,782		$	2,087,183		$	7,047,093		$	3,111,685