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Segment Information
 12 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment Information

12.  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 technology and marketing strategies.

  Steiner-Atlantic Corp., a wholly-owned subsidiary of the Company, and DRYCLEAN USA Development Corp., a wholly-owned indirect subsidiary of the Company, comprise the commercial and industrial laundry and dry cleaning equipment and boiler segment.  Steiner-Atlantic Corp. sells commercial and industrial laundry and dry cleaning equipment and boilers to customers in the United States, the Caribbean and Latin American markets.  DRYCLEAN USA Development Corp. enters into leases for resale to third parties for future dry cleaning stores. In recent years this area of business has not produced any revenues, but is kept as a subsidiary for future expansion.

  DRYCLEAN USA License Corp., a wholly-owned subsidiary of the Company, comprises the license and franchise operations segment.  
  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:

 

Year ended June 30,  2014  2013
       
Revenues:          
Commercial and industrial laundry and
   dry cleaning equipment and boilers		  $33,234,641   $36,033,221 
License and franchise operations   598,777    193,363 
Total revenues  $33,833,418   $36,226,584 
           
Operating income (loss):          
Commercial and industrial laundry and
   dry cleaning equipment and boilers		  $2,613,258   $2,882,030 
License and franchise operations   329,069    32,764 
Corporate   (343,618)   (343,705)
Total operating income  $2,598,709   $2,571,089 
           
Identifiable assets:          
Commercial and industrial laundry and
   dry cleaning equipment and boilers		  $13,067,091   $10,204,113 
License and franchise operations   576,891    647,519 
Corporate   174,105    200,698 
Total assets  $13,818,087   $11,052,330 

 

 

For the years ended June 30, 2014 and 2013, export revenues, principally to the Caribbean and Latin America, aggregated approximately $9,414,000 and $4,383,000, respectively, of which approximately $8,855,000 and $4,218,000, respectively, related to the commercial and industrial laundry, dry cleaning equipment and boiler segment. All such sales are denominated in U.S. Dollars and, accordingly, the Company is not exposed to risks of foreign currency fluctuations as a result of such sales.