XML 34 R23.htm IDEA: XBRL DOCUMENT v3.21.1
Segment Reporting: Schedule of Segment Reporting by Segment (Details) - USD ($)
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Net sales $ 9,304,949 $ 7,576,455  
Depreciation 330,165 337,356  
Accounts receivable - Less allowances of $170,000 6,869,891   $ 5,163,450
Inventories, net 6,311,960   5,153,294
Net property, plant and equipment 12,921,101   $ 13,150,884
Fastener      
Net sales 8,148,678 6,737,397  
Depreciation 291,183 296,110  
Segment operating profit 927,158 404,018  
Selling and Administrative Expenses 0 0  
Interest income 0 0  
Capital expenditures 104,524 167,997  
Accounts receivable - Less allowances of $170,000 6,222,588 5,106,941  
Inventories, net 5,055,332 4,195,183  
Net property, plant and equipment 10,276,980 10,919,327  
Other Assets 0 0  
Assemby Equipment      
Net sales 1,156,271 839,058  
Depreciation 33,533 32,869  
Segment operating profit 296,700 184,571  
Selling and Administrative Expenses 0 0  
Interest income 0 0  
Capital expenditures 0 0  
Accounts receivable - Less allowances of $170,000 647,303 396,742  
Inventories, net 1,256,628 983,198  
Net property, plant and equipment 1,535,329 1,653,895  
Other Assets 0 0  
Unallocated Corporate      
Net sales 0 0  
Depreciation 5,449 8,377  
Segment operating profit 0 0  
Selling and Administrative Expenses (543,772) (550,896)  
Interest income 10,042 33,875  
Capital expenditures 11,939 0  
Accounts receivable - Less allowances of $170,000 0 0  
Inventories, net 0 0  
Net property, plant and equipment 1,108,792 931,472  
Other Assets $ 6,450,577 $ 7,619,802