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BUSINESS SEGMENTS
12 Months Ended
Dec. 31, 2015
BUSINESS SEGMENTS  
BUSINESS SEGMENTS

 

18.BUSINESS SEGMENTS

 

 

 

2015

 

2014

 

2013

 

U.S. sales

 

$

23,029,976 

 

$

27,649,974 

 

$

24,843,200 

 

North and South America sales (excluding U.S.)

 

5,668,785 

 

5,651,426 

 

4,453,151 

 

Other international sales

 

853,439 

 

1,219,230 

 

1,488,776 

 

 

 

 

 

 

 

 

 

Total sales

 

$

29,552,200 

 

$

34,520,630 

 

$

30,785,127 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-lived assets

 

 

 

 

 

 

 

U.S.

 

$

11,282,192 

 

$

10,642,859 

 

$

10,676,053 

 

International

 

$

185,869 

 

$

209,994 

 

$

234,119 

 

 

The Company does not operate in separate reportable segments.  The Company has minimal long-lived assets in foreign countries.  Shipments to international customers generally require a prepayment either by wire transfer or an irrevocable confirmed letter of credit.  The Company does extend credit to international customers on some occasions depending upon certain criteria, including, but not limited to, the credit worthiness of the customer, the stability of the country, banking restrictions, and the size of the order.  All transactions are in U.S. currency.