XML 27 R18.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Note 13 - Segment Reporting
6 Months Ended
Jun. 30, 2011
Segment Reporting Disclosure [Text Block]
Note 13                      SEGMENT REPORTING

The Company operates through (3) segments, CVD, SDC and Conceptronic. The CVD division is utilized for silicon, silicon germanium, silicon carbide and gallium arsenide processes. SDC is the Company’s ultra-high purity manufacturing division in Saugerties, New York. Conceptronic is a manufacturer of Surface Mount Technology equipment. The respective accounting policies of CVD, SDC and Conceptronic are the same as those described in the summary of significant accounting policies (see Note 2). The Company evaluates performance based on several factors, of which the primary financial measure is income or (loss) before taxes.

Three Months

Ended June 30,

2011
 
CVD
   
SDC
   
Conceptronic
   
Eliminations *
   
Consolidated
 
Revenue
  $ 6,203,718     $ 1,652,531     $ 278,748     $ (627,280 )   $ 7,507,717  
Pretax income
    851,644       304,802       6,988               1,163,434  
2010
                                       
Revenue
  $ 2,664,359     $ 459,339     $ 458,365     $ (201,275 )   $ 3,380,780  
Pretax income (loss)
    242,845       (249,589 )     80,164               73,420  

Six Months

Ended June 30,

2011
 
CVD
   
SDC
   
Conceptronic
   
Eliminations *
   
Consolidated
 
Revenue
  $ 11,708,828     $ 2,685,678     $ 485,413     $ (1,166,502 )   $ 13,713,417  
Pretax income (loss)
    1,947,090       363,957       ( 236,652 )             2,074,395  
2010
                                       
Revenue
  $ 5,115,807     $ 1,857,697     $ 667,874     $ (538,741 )   $ 7,102,637  
Pretax (loss) income
    (75,890 )     (75,662 )     121,061               (30,491 )

*All elimination entries represent intersegment revenues eliminated in consolidation for external financial reporting.