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Segment Information
9 Months Ended
Mar. 31, 2014
Segment Information  
Segment Information

Note (7) - Segment Information: The Company’s reportable segments are strategic businesses that offer different products and services. They are managed separately because each business requires different marketing strategies. The Company primarily evaluates the operating performance of its segments based on the categories noted in the table below. The Company has no sales between segments. Financial information for the Company’s business segments is as follows:

 

   For the nine months ended
March 31,
  For the three months ended
March 31,
   2014  2013  2014  2013
   (Unaudited)  (Unaudited)
             
Revenues:                    
Commercial and industrial laundry, dry
cleaning equipment and boilers
  $24,674,874   $19,396,448   $6,493,607   $6,526,830 
License and franchise operations   203,262    143,069    55,886    53,864 
Total revenues  $24,878,136   $19,539,517   $6,549,493   $6,580,694 
Operating income (loss):
                    

Commercial and industrial laundry, dry
cleaning equipment and boilers
  $2,149,139   $1,084,744   $580,237   $480,982 
License and franchise operations   83,984    31,793    11,376    4,952 
Corporate   (280,587)   (276,848)   (87,276)   (85,633)
Total operating income  $1,952,536   $839,689   $504,337   $400,301 

 

   March 31, 2014  June 30, 2013
   (Unaudited)  (Audited)
Identifiable assets:          
Commercial and industrial laundry, dry cleaning equipment and boilers  $8,651,353   $10,204,113 
License and franchise operations   434,510    647,519 
Corporate   115,949    200,698 
Total assets  $9,201,812   $11,052,330