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Segment Information
6 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Segment Information

Note (7) - Segment Information: The Company’s reportable segments are strategic businesses that offer different products and services. They are managed separately because each business requires different marketing strategies. The Company primarily evaluates the operating performance of its segments based on the categories noted in the table below. The Company has no sales between segments. Financial information for the Company’s business segments is as follows:

 

   For the six months ended
December 31,
   For the three months ended
December 31,
 
   2012   2011   2012   2011 
   (Unaudited)   (Unaudited) 
Revenues:                    
Commercial and industrial laundry and
dry cleaning equipment and boilers
  $12,869,618   $11,195,478   $6,409,278   $4,935,154 
License and franchise operations   89,205    94,643    36,431    47,096 
Total revenues  $12,958,823   $11,290,121   $6,445,709   $4,982,250 
Operating income (loss):                    
Commercial and industrial laundry and
dry cleaning equipment and boilers
  $603,762   $574,279   $290,121   $115,925 
License and franchise operations   26,841    22,771    7,163    10,253 
Corporate   (191,215)   (200,774)   (100,319)   (102,307)
Total operating income  $439,388   $396,276   $196,965   $23,871 
                     

 

   December 31,
2012
   June 30, 2012 
   (Unaudited)   (Audited) 
Identifiable assets:          
Commercial and industrial laundry and
dry cleaning equipment and boilers
  $9,843,865   $10,105,561 
License and franchise operations   231,266    594,212 
Corporate   179,779    172,824 
Total assets  $10,254,910   $10,872,597