XML 33 R22.htm IDEA: XBRL DOCUMENT v3.19.2
Segment Reporting: Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Net sales $ 8,875,451 $ 9,792,784 $ 17,497,129 $ 19,804,425  
Depreciation     682,667 653,537  
Accounts receivable - Less allowances of $140,000 5,787,355   5,787,355   $ 5,529,307
Inventories, net 6,098,823   6,098,823   6,100,391
Net property, plant and equipment 13,868,508   13,868,508   $ 13,258,146
Fastener          
Net sales 7,816,704 9,034,275 15,395,824 17,959,374  
Depreciation 305,082 292,378 602,805 584,259  
Segment operating profit 487,305 1,229,717 1,076,200 2,407,179  
Selling and adminstrative expenses 0 0 0 0  
Interest income 0 0 0 0  
Capital expenditures 284,573 281,692 1,040,680 465,919  
Accounts receivable - Less allowances of $140,000 5,426,139 6,508,150 5,426,139 6,508,150  
Inventories, net 4,996,608 4,399,770 4,996,608 4,399,770  
Net property, plant and equipment 11,164,067 10,164,570 11,164,067 10,164,570  
Other Assets 0 0 0 0  
Assembly Equipment          
Net sales 1,058,747 758,509 2,101,305 1,845,051  
Depreciation 31,453 27,298 60,377 54,596  
Segment operating profit 315,802 249,376 651,876 633,561  
Selling and adminstrative expenses 0 0 0 0  
Interest income 0 0 0 0  
Capital expenditures 102,324 0 226,324 31,495  
Accounts receivable - Less allowances of $140,000 361,216 399,276 361,216 399,276  
Inventories, net 1,102,215 1,050,451 1,102,215 1,050,451  
Net property, plant and equipment 1,745,444 1,619,454 1,745,444 1,619,454  
Other Assets 0 0 0 0  
Unallocated Corporate          
Net sales 0 0 0 0  
Depreciation 9,743 7,341 19,485 14,682  
Segment operating profit 0 0 0 0  
Selling and adminstrative expenses (548,052) (591,640) (1,141,454) (1,268,579)  
Interest income 35,504 26,639 71,779 53,719  
Capital expenditures 0 127,599 26,025 138,304  
Accounts receivable - Less allowances of $140,000 0 0 0 0  
Inventories, net 0 0 0 0  
Net property, plant and equipment 958,997 755,110 958,997 755,110  
Other Assets $ 7,002,868 $ 8,680,688 $ 7,002,868 $ 8,680,688