Note 9 - Operations and Industry Segments

6 Months Ended

Mar. 29, 2014

Segment Reporting [Abstract]

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.

The following table summarizes certain information on industry segments:

	Three Months Ended						Six Months Ended
	March 29, 2014			March 30, 2013			March 29, 2014			March 30, 2013
Net sales:
Medical	$	11,184,394		$	12,034,860		$	21,768,573		$	22,891,827
Custom products		3,524,135			4,588,031			7,793,233			15,391,588
Total	$	14,708,529		$	16,622,891		$	29,561,806		$	38,283,415
Operating profit before corporate expense:
Medical	$	1,351,453		$	1,783,907		$	2,171,485		$	2,312,746
Custom products		192,478			170,579			481,671			1,894,928
Total		1,543,931			1,954,486			2,653,156			4,207,674
Corporate expense		(203,140	)		(141,541	)		(307,353	)		(317,571	)
Other income (expense)		15,890			(27,208	)		22,008			(37,657	)
Income before income taxes	$	1,356,681		$	1,785,737		$	2,367,811		$	3,852,446

Total sales by industry segment include sales to unaffiliated customers, as reported in our statements of comprehensive income. In calculating operating profit by segment, 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.