XML 27 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Net sales $ 8,854,274 $ 9,018,272 $ 28,271,399 $ 27,508,237  
Depreciation 311,915 316,120 919,392 943,595  
Segment operating profit 1,265,494 1,131,711 4,757,699 3,816,702  
Selling and administrative expenses (596,358) (509,169) (1,948,769) (1,679,776)  
Interest income 10,193 5,929 28,515 18,979  
Capital expenditures 844,190 455,262 1,782,886 1,342,117  
Accounts receivable, net 5,896,286 [1] 5,902,138 5,896,286 [1] 5,902,138 $ 5,438,332 [1]
Inventories, net 4,804,294 4,864,052 4,804,294 4,864,052 4,538,212
Property, plant and equipment, net 12,560,597 11,254,163 12,560,597 11,254,163 $ 11,698,443
Other assets 8,183,787 8,351,574 8,183,787 8,351,574  
Fastener          
Net sales 8,089,800 8,153,422 25,395,165 24,830,182  
Depreciation 272,212 276,252 801,485 825,616  
Segment operating profit 1,031,736 893,862 3,745,167 3,041,262  
Selling and administrative expenses 0 0 0 0  
Interest income 0 0 0 0  
Capital expenditures 842,048 360,898 1,550,070 820,441  
Accounts receivable, net 5,611,689 5,536,738 5,611,689 5,536,738  
Inventories, net 3,766,136 3,959,195 3,766,136 3,959,195  
Property, plant and equipment, net 10,457,807 9,259,723 10,457,807 9,259,723  
Other assets 0 0 0 0  
Assembly Equipment          
Net sales 764,474 864,850 2,876,234 2,678,055  
Depreciation 22,063 20,097 65,677 60,291  
Segment operating profit 233,758 237,849 1,012,532 775,440  
Selling and administrative expenses 0 0 0 0  
Interest income 0 0 0 0  
Capital expenditures 2,142 49,119 190,690 448,261  
Accounts receivable, net 284,597 365,400 284,597 365,400  
Inventories, net 1,038,158 904,857 1,038,158 904,857  
Property, plant and equipment, net 1,594,023 1,482,052 1,594,023 1,482,052  
Other assets 0 0 0 0  
Unallocated Corporate          
Net sales 0 0 0 0  
Depreciation 17,640 19,771 52,230 57,688  
Segment operating profit 0 0 0 0  
Selling and administrative expenses (596,358) (509,169) (1,948,769) (1,679,776)  
Interest income 10,193 5,929 28,515 18,979  
Capital expenditures 0 45,245 42,126 73,415  
Accounts receivable, net 0 0 0 0  
Inventories, net 0 0 0 0  
Property, plant and equipment, net 508,767 512,388 508,767 512,388  
Other assets $ 8,183,787 $ 8,351,574 $ 8,183,787 $ 8,351,574  
[1] Net of allowance of $150,000.