XML 30 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Schedule of Segment Reporting Information, by Segment (Details) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Net sales $ 9,950,424 $ 9,125,736  
Depreciation 305,326 265,581  
Segment profit 1,393,030 1,208,580  
Selling and administrative expenses (541,174) (546,533)  
Interest income 6,517 8,485  
Income before income taxes 858,373 670,532  
Capital expenditures 550,618 82,590  
Accounts receivable, net 6,458,610 [1] 5,863,016 5,510,770 [1]
Inventories, net 5,153,432 5,284,492 4,880,788
Net property, plant and equipment 10,654,412 7,894,875 10,409,120
Other assets 6,940,104 7,886,325  
Fastener
     
Net sales 9,087,735 8,302,744  
Depreciation 271,198 232,479  
Segment profit 1,161,991 996,164  
Selling and administrative expenses 0 0  
Interest income 0 0  
Capital expenditures 550,618 48,979  
Accounts receivable, net 6,036,691 5,481,700  
Inventories, net 4,349,163 4,485,868  
Net property, plant and equipment 9,006,961 6,179,780  
Other assets 0 0  
Assembly Equipment
     
Net sales 862,689 822,992  
Depreciation 16,066 14,050  
Segment profit 231,039 212,416  
Selling and administrative expenses 0 0  
Interest income 0 0  
Capital expenditures 0 29,547  
Accounts receivable, net 421,919 381,316  
Inventories, net 804,269 798,624  
Net property, plant and equipment 1,121,067 1,121,815  
Other assets 0 0  
Unallocated Corporate
     
Net sales 0 0  
Depreciation 18,062 19,052  
Segment profit 0 0  
Selling and administrative expenses (541,174) (546,533)  
Interest income 6,517 8,485  
Capital expenditures 0 4,064  
Accounts receivable, net 0 0  
Inventories, net 0 0  
Net property, plant and equipment 526,384 593,280  
Other assets $ 6,940,104 $ 7,886,325  
[1] Net of allowance of $150,000.