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Note I - Business Segment Information
 12 Months Ended
Dec. 31, 2015
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
Note
I
–
Business
S
e
gment
Info
r
mation
 
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 more than 150 countries around the world. The components of customer sales, determined based on the location of customers are:
 
 
 
2015
 
 
%
 
 
2014
 
 
%
 
 
2013
 
 
%
 
United States
 
$
269,628
 
 
 
66
 
   $ 298,338       69     $ 257,038       66  
Foreign countries
 
 
136,522
 
 
 
34
 
     136,587       31       134,627       34  
Total
 
$
406,150
 
 
 
100
 
   $ 434,925       100     $ 391,665       100  
 
Net sales from external customers by product category are:
 
 
 
201
5
 
 
2014
 
 
2013
 
Pumps and pump systems
 
$
352,652
 
   $ 379,626     $ 336,779  
Repairs of pumps and pump systems and other
 
 
53,498
 
     55,299       54,886  
Total
 
$
406,150
 
   $ 434,925     $ 391,665  
 
 
As of December 31, 2015 and 2014, 94% and 95% of the Company’s long-lived assets were located in the United States, respectively.