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Note 16 - Segment Information
 3 Months Ended
Feb. 28, 2018
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
 
16
)
Segment Information
 
There are
three
reportable segments: agricultural products
, modular buildings and tools. The agricultural products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. The modular buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The tools segment manufactures steel cutting tools and inserts.
 
The accounting policies applied to determine the segment information are the same as those described in the summary of si
gnificant accounting policies. Management evaluates the performance of each segment based on profit or loss from operations before income taxes, exclusive of nonrecurring gains and losses.
 
Approximate financial information with respect to the rep
ortable segments is as follows. The tables below exclude income and balance sheet data from discontinued operations. See Note
3
“Discontinued Operations.”
 
   
Three Months Ended February 28, 2018
  
   
Agricultural
Products
    
Modular Buildings
    
Tools
    
Consolidated
  
Revenue from
external customers
   $
3,929,000
     $
739,000
     $
697,000
     $
5,365,000
  
Income (loss) from operations
    
(275,000
 )    
(60,000
 )    
26,000
     $
(309,000
 )
Income (loss) before tax
    
(270,000
 )    
(52,000
 )    
16,000
     $
(306,000
 )
Total Assets
    
16,246,000
      
3,154,000
      
2,561,000
     $
21,961,000
  
Capital expenditures
    
29,000
      
35,000
      
-
     $
64,000
  
Depreciation & Amortization
    
133,000
      
25,000
      
32,000
     $
190,000
  
 
   
Three Months Ended February 28, 2017
  
   
Agricultural
Products
    
Modular Buildings
    
Tools
    
Consolidated
  
Revenue from
external customers
   $
3,368,000
     $
388,000
     $
665,000
     $
4,421,000
  
Income (loss) from operations
    
(220,000
 )    
(154,000
 )    
21,000
     $
(353,000
 )
Income (loss) before tax
    
(217,000
 )    
(158,000
 )    
11,000
     $
(364,000
 )
Total Assets
    
19,063,000
      
2,849,000
      
2,657,000
     $
24,569,000
  
Capital expenditures
    
129,000
      
-
      
66,000
     $
195,000
  
Depreciation & Amortization
    
125,000
      
15,000
      
31,000
     $
171,000
  
 
*
The consolidated total in the table is a sum of segment figures and
may
not
tie to actual figures in the condensed consolidated financial statements due to rounding.