Note 9 - Operations and Industry Segments

3 Months Ended

Mar. 31, 2012

Segment Reporting Disclosure [Text Block]

9.  OPERATIONS AND INDUSTRY SEGMENTS

For management and reporting purposes, we divide our business into two segments: medical and custom products.  This industry segment information corresponds to the markets in the United States and Canada for which we manufacture and distribute our various products.

As described in Note 2, on December 9, 2011, we acquired substantially all of the assets of M.C. Healthcare Products Inc. (MCHP).  MCHP manufactures and markets medical bed frames and related products.  M.C. Healthcare's operations are reported as part of our medical segment for the period from December 9, 2011 through March 31, 2012.

The following table summarizes certain information on industry segments:

	Three Months Ended						Six Months Ended
	Mar. 31, 2012			April 2, 2011			Mar. 31, 2012			April 2, 2011
Net sales:
Medical	$	13,738,805		$	8,933,069		$	23,174,097		$	16,914,667
Custom products		7,194,002			4,520,542			18,253,331			8,246,349
Total	$	20,932,807		$	13,453,611		$	41,427,428		$	25,161,016
Operating profit:
Medical	$	2,073,903		$	1,302,143		$	2,707,732		$	2,195,620
Custom products		790,162			441,686			1,962,022			703,525
Total		2,864,065			1,743,829			4,669,754			2,899,145
Corporate expense		(167,102	)		(167,931	)		(266,772	)		(258,341	)
Other		(10,965	)		4,565			(25,016	)		9,196
Income before income taxes	$	2,685,998		$	1,580,463		$	4,377,966		$	2,650,000

Total sales by industry segment include sales to unaffiliated customers, as reported in our statements of income.  In calculating operating profit, non-allocable general corporate expenses, interest expense, other income, and income taxes are not included, but certain corporate operating expenses incurred for the benefit of all segments are included on an allocated basis.