Industry Segment Data (Tables)

12 Months Ended

Mar. 31, 2014

Summary of Significant Financial Information Relating to Product Groups

The following is a summary of significant financial information relating to the product groups:

	Year Ended March 31
	2014			2013
NET SALES:
Coil	$	66,138,845		$	67,045,885
Tubular		50,010,177			69,402,901
TOTAL NET SALES	$	116,149,022		$	136,448,786
OPERATING PROFIT (LOSS):
Coil	$	(839,442	)	$	848,252
Tubular		5,288,372			10,696,683
TOTAL OPERATING PROFIT		4,448,930			11,544,935
General corporate expenses		(1,974,234	)		(2,458,422	)
Interest and other income		62,012			58,764
TOTAL EARNINGS BEFORE INCOME TAXES	$	2,536,708		$	9,145,277
IDENTIFIABLE ASSETS:
Coil	$	22,308,165		$	29,779,697
Tubular		33,794,992			29,834,246
		56,103,157			59,613,943
General corporate assets		16,181,242			16,961,186
TOTAL ASSETS	$	72,284,399		$	76,575,129
DEPRECIATION:
Coil	$	1,140,250		$	1,113,053
Tubular		673,850			669,876
Corporate and other		8,972			7,112
	$	1,823,072		$	1,790,041
CAPITAL EXPENDITURES:
Coil	$	364,443		$	333,916
Tubular		1,533,489			165,570
Corporate and other		9,299			—
	$	1,907,231		$	499,486