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Note 16 - Segment Information
12 Months Ended
Nov. 30, 2020
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 replacement parts for these products in the United States and worldwide. The Modular Buildings segment produces 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 significant accounting policies. Management evaluates the performance of each segment based on profit or loss from operations before income taxes.
 
Approximate financial information with respect to the reportable segments is as follows.
 
   
Twelve Months Ended November 30, 2020
 
   
Agricultural Products
   
Modular Buildings
   
Tools
   
Consolidated
 
Revenue from external customers
  $
13,085,000
    $
6,993,000
    $
2,331,000
    $
22,409,000
 
Income (loss) from operations
  $
(2,318,000
)   $
(1,295,000
)   $
(297,000
)   $
(3,910,000
)
Income (loss) before tax
  $
(1,723,000
)   $
(1,058,000
)   $
(179,000
)   $
(2,960,000
)
Total Assets
  $
12,785,000
    $
3,310,000
    $
2,708,000
    $
18,803,000
 
Capital expenditures
  $
499,000
    $
146,000
    $
48,000
    $
693,000
 
Depreciation & Amortization
  $
481,000
    $
205,000
    $
132,000
    $
818,000
 
 
   
Twelve Months Ended November 30, 2019
 
   
Agricultural Products
   
Modular Buildings
   
Tools
   
Consolidated
 
Revenue from external customers
  $
13,508,000
    $
7,260,000
    $
2,121,000
    $
22,889,000
 
Income (loss) from operations
  $
(1,599,000
)   $
208,000
    $
(106,000
)   $
(1,497,000
)
Income (loss) before tax
  $
(1,843,000
)   $
220,000
    $
(146,000
)   $
(1,769,000
)
Total Assets
  $
13,169,000
    $
3,584,000
    $
2,594,000
    $
19,347,000
 
Capital expenditures
  $
257,000
    $
147,000
    $
43,000
    $
447,000
 
Depreciation & Amortization
  $
503,000
    $
372,000
    $
129,000
    $
1,004,000