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Segment Information
9 Months Ended
Mar. 31, 2015
Segment Information [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 nine months ended
March 31,
 

For the three months ended

March 31,

    2015   2014   2015   2014
    (Unaudited)   (Unaudited)
Revenues:                                
Commercial and industrial laundry and dry cleaning equipment and boilers   $ 22,870,646     $ 24,674,874     $ 6,959,309     $ 6,493,607  
License and franchise operations     127,661       203,262       30,159       55,886  
Total revenues   $ 22,998,307     $ 24,878,136     $ 6,989,468     $ 6,549,493  
 
Operating income (loss):
                               
Commercial and industrial laundry and dry cleaning equipment and boilers   $ 2,502,274     $ 2,149,139     $ 806,602     $ 580,237  
License and franchise operations     31,621       83,984       3,802       11,376  
Corporate     (322,505 )     (280,587 )     (118,793 )     (87,276 )
Total operating income   $ 2,211,390     $ 1,952,536     $ 691,611     $ 504,337  
                                 

 

    March 31, 2015   June 30, 2014
    (Unaudited)   (Audited)
Identifiable assets:                
Commercial and industrial laundry and dry cleaning equipment and boilers   $ 8,846,026     $ 13,067,091  
License and franchise operations     142,520       576,891  
Corporate     210,625       174,105  
Total assets   $ 9,199,171     $ 13,818,087