Segment Information

6 Months Ended

Jun. 30, 2013

Segment Information

Note 3.Segment Information.

We operate in two different segments: household products and skin and hair care products. Our products are sold nationally and internationally (primarily Canada), directly through our sales force and indirectly through independent brokers, to mass merchandisers, drugstores, supermarkets, hardware stores and other retail outlets and to wholesale distributors. We have chosen to organize our business around these segments based on differences in the products sold.

Accounting policies for our segments are the same as those described in Note 1. We evaluate segment performance based on segment income or loss before income taxes.

The following provides information on our segments for the three and six months ended June 30:

	Three Months Ended June30,
	2013							2012
	Household Products				Skinand HairCare Products			Household Products				Skinand HairCare Products
Net sales to external customers	$	1,285,700		$		3,216,400	$		1,212,200		$		2,205,300
(Loss) income before income taxes	$	(208,000	)	$		340,200	$		(399,500	)	$		44,900
Identifiable assets	$	3,115,500		$		3,510,500	$		2,307,200		$		4,260,220

	Six Months Ended June30,
	2013							2012
	Household Products				Skinand HairCare Products			Household Products				Skinand HairCare Products
Net sales to external customers	$	2,607,100		$		6,626,700	$		2,549,700		$		5,206,200
(Loss) income before income taxes	$	(678,500	)	$		751,200	$		(747,200	)	$		346,600
Identifiable assets	$	3,115,500		$		3,510,500	$		2,307,200		$		4,260,220

The following is a reconciliation of segment information to consolidated information for the three and six months ended June 30:

	Three Months Ended June 30,						Six Months Ended June 30,
	2013		2012				2013			2012
Net sales to external customers	$	4,502,100	$	3,717,500		$		9,233,800	$		7,755,900
Income (loss) before income taxes	$	132,200	$	(354,600	)	$		72,700	$		(400,600	)
Consolidated income (loss) before income taxes	$	132,200	$	(354,600	)	$		72,700	$		(400,600	)
Identifiable assets	$	6,626,000	$	6,567,400		$		6,626,000	$		6,567,400
Corporate assets		1,145,500		7,378,800				1,145,500			7,378,800
Consolidated total assets	$	7,771,500	$	13,946,200		$		7,771,500	$		13,946,200

Corporate assets noted above are comprised primarily of our cash and investments, and property and equipment not directly associated with the manufacturing, warehousing, shipping and receiving activities.