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Segment Information
9 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment Information

Note (8) - 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 nine months ended
March 31,
  For the three months ended
March 31,
   2013  2012  2013  2012
   (Unaudited)  (Unaudited)
Revenues:                    
Commercial and industrial laundry, dry cleaning equipment and boilers  $19,396,448   $16,256,191   $6,526,830   $5,060,713 
License and franchise operations   143,069    153,418    53,864    58,775 
Total revenues  $19,539,517   $16,409,609   $6,580,694   $5,119,488 
Operating income (loss):                    
Commercial and industrial laundry, dry cleaning equipment and boilers  $1,084,744   $747,806   $480,982   $173,527 
License and franchise operations   31,793    34,098    4,952    11,327 
Corporate   (276,848)   (271,395)   (85,633)   (70,621)
Total operating income  $839,689   $510,509   $400,301   $114,233 
                     

 

   March 31, 2013  June 30, 2012
   (Unaudited)  (Audited)
Identifiable assets:          
Commercial and industrial laundry, dry cleaning equipment and boilers  $12,940,111   $10,105,561 
License and franchise operations   239,127    594,212 
Corporate   166,455    172,824 
Total assets  $13,345,693   $10,872,597