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Revenue: Disaggregation of Revenue (Tables)

3 Months Ended

Mar. 31, 2022

Location

Disaggregation of Revenue

	Fastener	Assembly Equipment	Consolidated
Three Months Ended March 31, 2022:
United States	$   6,760,129	$   1,004,151	$   7,764,280
Foreign	1,393,704	39,712	1,433,416
Total net sales	$   8,153,833	$   1,043,863	$   9,197,696
Three Months Ended March 31, 2021:
United States	$   6,437,852	$   1,130,360	$   7,568,212
Foreign	1,710,826	25,911	1,736,737
Total net sales	$   8,148,678	$   1,156,271	$   9,304,949

End Market

Disaggregation of Revenue

	Fastener	Assembly Equipment	Consolidated
Three Months Ended March 31, 2022:
Automotive	$     4,904,183	$         41,463	$     4,945,646
Non-automotive	3,249,650	1,002,400	4,252,050
Total net sales	$     8,153,833	$    1,043,863	$     9,197,696
Three Months Ended March 31, 2021:
Automotive	$     5,059,469	$         32,973	$     5,092,442
Non-automotive	3,089,209	1,123,298	4,212,507
Total net sales	$     8,148,678	$     1,156,271	$     9,304,949

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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