SEGMENT INFORMATION

We operate in

two

segments: North America and International. Our reportable operating segments have been determined as separately identifiable business units, and we measure segment earnings as operating earnings, defined as income before interest and income taxes.

	North America			International			Total
For the quarter ended June 30 , 20 1 8
Net sales	$	18,276,885		$	900,882		$	19,177,767
Gross profit		12,519,089			599,353			13,118,442
Operating income (loss)		1,986,190			(4,709	)		1,981,481
Interest (expense)		(78,182	)		-			(78,182	)
Other income (expense), net		38,343			8,398			46,741
Income (loss) before income taxes		1,946,351			3,689			1,950,040

Depreciation and amortization		387,700			25,733			413,433
Fixed asset additions		105,422			76,419			181,841
Total assets	$	71,184,080		$	4,601,143		$	75,785,223

For the quarter ended June 30 , 20 1 7
Net sales	$	18,427,425		$	853,345		$	19,280,770
Gross profit		12,449,202			446,332			12,895,534
Operating income (loss)		1,814,887			(159,450	)		1,655,437
Interest (expense)		(53,680	)		-			(53,680	)
Other income (expense), net		15,195			1,817			17,012
Income (loss) before income taxes		1,776,402			(157,633	)		1,618,769

Depreciation and amortization		448,788			22,502			471,290
Fixed asset additions		387,054			18,095			405,149
Total assets	$	67,412,189		$	4,831,270		$	72,243,459

	North America			International			Total
For the six months ended June 30 , 20 1 8
Net sales	$	37,594,145		$	1,872,540		$	39,466,685
Gross profit		24,745,091			1,216,313			25,961,404
Operating income (loss)		3,816,849			(66,407	)		3,750,442
Interest (expense)		(142,824	)		-			(142,824	)
Other income (expense), net		73,527			12,086			85,613
Income (loss) before income taxes		3,747,552			(54,321	)		3,693,231

Depreciation and amortization		829,252			49,703			878,955
Fixed asset additions		343,080			78,781			421,861
Total assets	$	71,184,080		$	4,601,143		$	75,785,223

For the six months ended June 30 , 20 1 7
Net sales	$	37,659,139		$	1,771,476		$	39,430,615
Gross profit		24,202,159			979,420			25,181,579
Operating income (loss)		3,626,450			(233,522	)		3,392,928
Interest (expense)		(90,024	)		-			(90,024	)
Other income (expense), net		32,849			(13,186	)		19,663
Income (loss) before income taxes		3,569,275			(246,708	)		3,322,567

Depreciation and amortization		885,069			44,339			929,408
Fixed asset additions		984,880			20,026			1,004,906
Total assets	$	67,412,189		$	4,831,270		$	72,243,459

Net sales for geographic areas were as follows:

Three months ended June 30,	20 18		20 17
United States	$	16,361,760	$	16,546,075
Canada		1,619,430		1,646,224
All other countries		1,196,577		1,088,471
	$	19,177,767	$	19,280,770

Six months ended June 30,	201 8		2017
United States	$	33,709,933	$	33,828,738
Canada		3,362,604		3,419,734
All other countries		2,394,148		2,182,143
	$	39,466,685	$	39,430,615

Geographic sales information is based on the location of the customer.

single foreign country, except for Canada, accounted for any material amount of our consolidated net sales for the

three

and

six

-month periods ended

June 30, 2018

and

2017.

We do

not

have any significant long-lived assets outside of the United States.