XML 32 R17.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Note 9 - Business Segment Information | 12 Months Ended
--- | ---
Dec. 31, 2017
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | Note 9 – Business Segment Information The Company operates in one bus iness 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 broad network of 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 approximately 150 countries around the world. The components of customer sales, determined based on the location of customers are:
|  | 201 7 |  |  | % |  |  | 201 6 |  |  | % |  |  | 201 5 |  |  | % |
United States |  | $ | 241,746 |  |  |  | 64 |  |  | $ | 250,872 |  |  |  | 66 |  |  | $ | 269,628 |  |  |  | 66 |
Foreign countries |  |  | 137,643 |  |  |  | 36 |  |  |  | 131,199 |  |  |  | 34 |  |  |  | 136,522 |  |  |  | 34 |
Total |  | $ | 379,389 |  |  |  | 100 |  |  | $ | 382,071 |  |  |  | 100 |  |  | $ | 406,150 |  |  |  | 100 |
Net sales from external customers by product category are:
|  | 201 7 |  |  | 201 6 |  |  | 201 5 |
Pumps and pump systems |  | $ | 322,201 |  |  | $ | 328,973 |  |  | $ | 352,652 |
Repairs of pumps and pump systems and other |  |  | 57,188 |  |  |  | 53,098 |  |  |  | 53,498 |
Total |  | $ | 379,389 |  |  | $ | 382,071 |  |  | $ | 406,150 |
As of December 31, 2017 and 2016, 89% and 92% of the Company’s long-lived assets were located in the United States, respectively.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration