Note 10 - Operations and Industry Segments

3 Months Ended

Dec. 29, 2012

Segment Reporting Disclosure [Text Block]

10.  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, which manufactures and markets medical bed frames and related products.  M.C. Healthcare’s operations are reported as part of our medical segment.

The following table summarizes certain information on industry segments:

	Three Months Ended
	December 29, 2012			December 31, 2011
Net sales:
Medical	$	10,856,967		$	9,435,292
Custom products		10,803,557			11,059,329
Total	$	21,660,524		$	20,494,621
Operating profit:
Medical	$	528,839		$	633,829
Custom products		1,724,349			1,171,860
Total		2,253,188			1,805,689
Corporate expense		(176,030	)		(99,670	)
Other expense		(10,449	)		(14,051	)
Income from continuing operations before income taxes	$	2,066,709		$	1,691,968

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.