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SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
12 Months Ended
Dec. 28, 2024
SEGMENT AND GEOGRAPHIC INFORMATION  
Schedule of segment operating profit

 

 

 Engineered Solutions Segment

 

 

 

 December 28,

2024

 

 

 December 30,

2023

 

 

 

 

 

 

 

 

Net Sales

 

$272,751,967

 

 

$258,857,380

 

Less:

 

 

 

 

 

 

 

 

Material cost

 

 

(142,280,064)

 

 

(136,675,688)

Labor cost

 

 

(13,809,443)

 

 

(11,600,272)

Other variable and fixed overhead¹

 

 

(49,395,300)

 

 

(48,809,114)

Gross Margin

 

 

67,267,160

 

 

 

61,772,306

 

Product development expense

 

 

(4,888,496)

 

 

(5,592,355)

Selling and administrative expenses

 

 

(42,229,660)

 

 

(39,146,727)

Operating Profit

 

$20,149,004

 

 

$17,033,224

 

 

 

 

 

 

 

 

 

 

Reconciliation of operating profit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjustments and reconciling items

 

 

-

 

 

 

-

 

Consolidated operating profit

 

$20,149,004

 

 

$17,033,224

 

Schedule of Segment Financial Information

Geographic Information:

 

 

 

 

 

 

Net Sales:

 

 

 

 

 

 

United States

 

$268,337,355

 

 

$255,253,770

 

Foreign

 

 

4,414,612

 

 

 

3,603,610

 

 

 

$272,751,967

 

 

$258,857,380

 

 

 

 

 

 

 

 

 

 

Foreign sales are primarily to customers in North America.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Identifiable Assets:

 

 

 

 

 

 

 

 

United States

 

$221,585,028

 

 

$237,591,947

 

Foreign

 

 

13,723,719

 

 

 

14,447,254

 

 

 

$235,308,747

 

 

$252,039,201