v3.3.1.900

Segment Information

12 Months Ended

Jan. 02, 2016

Segment Reporting [Abstract]

Segment Information

NOTE 15 – SEGMENT INFORMATION

Our business segments consist of factory-built housing and financial services. Our chief decision making officer considers income from operations as the basis to measure segment profitability. The following table summarizes net sales, income from operations, and identifiable assets by segment for the years ended January 2, 2016 and December 27, 2014.

		January 2, 2016				December 27, 2014
Revenues from external customers
Factory-built housing		$	35,310,907			$	29,852,273
Financial Services			352,436				395,452
Total Revenues		$	35,663,343			$	30,247,725
Income from operations
Factory-built housing		$	2,158,733			$	1,572,740
Financial services			134,474				106,280
General corporate expenses			(284,622	)			(618,627	)
Total Income from operations		$	2,008,585			$	1,060,393
Identifiable assets by segment
Factory-built housing		$	9,636,878			$	10,780,242
Financial Services			4,488,800				3,798,641
Other			3,076,359				280,493
		$	17,202,037			$	14,859,376

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The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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