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Note 9 - Business Segment Information
 12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

Note I – Business Segment Information


The Company operates in one business segment comprising the design, manufacture and sale of pumps and pump systems. The Company’s products are used in water, wastewater, construction, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilation and air conditioning (HVAC), military and other liquid-handling applications.


The pumps and pump systems are marketed in the United States and worldwide through a network of more than 1,000 distributors, through manufacturers’ representatives (for sales to many original equipment manufacturers), through third-party distributor catalogs and by direct sales. International sales are made primarily through foreign distributors and representatives.


The Company sells to nearly 150 countries around the world. Company sales, determined by customer location were: 


                                     
   

2014

   

%

   

2013

   

%

   

2012

   

%

 

United States

  $ 298,338       69     $ 257,038       66     $ 239,153       64  

Foreign countries

    136,587       31       134,627       34       136,538       36  

Total

  $ 434,925       100     $ 391,665       100     $ 375,691       100  
                                                 

Net sales from external customers by product category are:  


                   
   

2014

   

2013

   

2012

 

Pumps and pump systems

  $ 379,626     $ 336,779     $ 318,235  

Repairs of pumps and pump systems and other

    55,299       54,886       57,456  

Total

  $ 434,925     $ 391,665     $ 375,691  
                         

As of December 31, 2014 and 2013, 95% and 96% of the Company’s long-lived assets were located in the United States, respectively.