Segment Reporting: Schedule of Segment Reporting, by Segment (Tables)

3 Months Ended

Mar. 31, 2020

Tables/Schedules

Schedule of Segment Reporting, by Segment

	Fastener	Assembly Equipment	Other	Consolidated
Three Months Ended March 31, 2020:
Net sales	$     6,737,397	$        839,058	0	$    7,576,455
Depreciation	296,110	32,869	8,377	337,356
Segment operating profit	404,018	184,571	0	588,589
Selling and administrative expenses	0	0	(550,896)	(550,896)
Interest income	0	0	33,875	33,875
Income before income taxes				$         71,568
Capital expenditures	167,997	0	0	167,997
Segment assets:
Accounts receivable, net	5,106,941	396,742	0	5,503,683
Inventories, net	4,195,183	983,198	0	5,178,381
Property, plant and equipment, net	10,919,327	1,653,895	931,472	13,504,694
Other assets	0	0	7,619,802	7,619,802
				$  31,806,560
Three Months Ended March 31, 2019:
Net sales	$     7,579,120	$     1,042,558	0	$    8,621,678
Depreciation	297,723	28,924	9,742	336,389
Segment operating profit	588,895	336,074	0	924,969
Selling and administrative expenses	0	0	(593,402)	(593,402)
Interest income	0	0	36,275	36,275
Income before income taxes				$       367,842
Capital expenditures	756,107	124,000	26,025	906,132
Segment assets:
Accounts receivable, net	5,500,631	453,843	0	5,954,474
Inventories, net	5,831,166	1,001,293	0	6,832,459
Property, plant and equipment, net	11,184,576	1,674,573	968,740	13,827,889
Other assets	0	0	6,192,967	6,192,967
				$  32,807,789