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8. Segment Reporting
9 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
Note 8. Segment Reporting

The management approach model is based on the way a company’s management organizes segments within the company for making operating decisions and assessing performance.  Reportable segments are based on products and services, geography, legal structure, management structure, or any other manner in which management disaggregates a company.

 

Following is a summary of segment information for the three and nine months ended September 30, 2012:

 

September 30      Y-T-D  Packaging   Logistics   Total 
             
Revenue  $23,979,977    7,155,838    31,135,815 
Operating Income   13,875    60,981    74,856 
Total Assets   8,147,280    1,435,964    9,583,244 
Interest Income   28    758    786 
Interest Expense   (197)   (1,238)   (1,435)
Depreciation  $0    10,173    10,173 

 

September 3 QTR  Packaging   Logistics   Total 
             
Revenue  $8,775,720    2,322,912    11,098,632 
Operating Income   (24,725)   19,161    (5,564)
Total Assets   8,147,280    1,436,964    9,583,244 
Interest Income   10    189    199 
Interest Expense   (197)   (412)   (609)
Depreciation  $0    3,319    3,319