Note 12 - Activity of Business Segments

12 Months Ended

Dec. 31, 2011

Segment Reporting Disclosure [Text Block]

12.      Activity of Business Segments

The Company operates through three segments:

Building Supply: consisting of a line of construction supply weatherization products.  The construction supply weatherization products consist of housewrap and synthetic roof underlayment.  The Company’s equity in income of unconsolidated affiliates (Harmony) is included in the total segment income for Building Supply.

Disposable Protective Apparel: consisting of a complete line of disposable protective clothing, such as shoecovers (including the Aqua Trak® and spunbond shoecovers), bouffant caps, coveralls, frocks, lab coats, gowns and hoods for the pharmaceutical, cleanroom, industrial and medical markets.

Infection Control: consisting of a line of face masks and eye shields.  This segment previously included lines of medical bed pads and pet beds, which lines were sold during the first quarter of 2011.

The accounting policies of the segments are the same as those described previously under Summary of Significant Accounting Policies (see Note 2).  Segment data excludes charges allocated to the principal executive office and the corporate sales/marketing departments and income taxes.  The Company evaluates the performance of its segments and allocates resources to them based primarily on net sales.

The following table presents net sales for each segment:

	Years Ended December 31,
	2011		2010
Building Supply	$	21,598,000	$	19,376,000
Disposable Protective Apparel		12,558,000		16,462,000
Infection Control		4,346,000		6,052,000
Consolidated total net sales	$	38,502,000	$	41,890,000

The following table presents the reconciliation of total segment income to total consolidated net income:

	Years Ended December 31,
	2011			2010
Building Supply	$	2,856,000		$	2,439,000
Disposable Protective Apparel		1,650,000			2,912,000
Infection Control		1,229,000			1,398,000
Total segment income		5,735,000			6,749,000
Unallocated corporate overhead expenses		(4,254,000	)		(4,668,000	)
Provision for income taxes		(548,000	)		(780,000	)
Consolidated net income	$	933,000		$	1,301,000

The following table presents net sales and long-lived asset information by geographic area:

	Years Ended December 31,
	2011		2010
Net sales by geographic region
United States	$	36,983,000	$	39,998,000
International		1,519,000		1,892,000
Consolidated total net sales	$	38,502,000	$	41,890,000

	As of December 31,
Long-lived assets by geographic region
United States	$	3,122,000	$	3,573,000
International		514,000		589,000
Consolidated total long-lived assets	$	3,636,000	$	4,162,000

Net sales by geographic region are based on the countries in which the customers are located.  For the years ended December 31, 2011 and 2010, the Company did not generate sales from any single foreign country that were significant to the Company’s consolidated net sales.

The following table presents the consolidated net property, equipment, goodwill and intangible assets by segment:

	As of December 31,
	2011		2010
Disposable Protective Apparel	$	640,000	$	816,000
Building Supply		2,142,000		2,277,000
Infection Control		971,000		1,173,000
Total segment assets		3,753,000		4,266,000
Unallocated corporate assets		73,000		115,000
Total consolidated assets	$	3,826,000	$	4,381,000